First Development Resources plc (LSE:FDR) has provided an update on its gold exploration strategy at the Selta Project in Australia’s Northern Territory. The company has identified multiple high-potential gold targets linked to the Stafford Gold Trend and plans to carry out geophysical surveys to further refine these targets ahead of a planned drilling program.
This targeted exploration approach is designed to maximize operational efficiency and unlock value by focusing on the most promising mineral zones. It also strengthens the company’s strategic positioning in the gold exploration sector and creates potential opportunities for stakeholders.
About First Development Resources plc
First Development Resources is a UK-based exploration company focused on mineral assets in Western Australia and the Northern Territory. Its exploration portfolio includes gold, antimony, copper, rare-earth elements, lithium, uranium, tin, and other metals, with a primary focus on advancing the Selta Project.
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