First Development Resources Advances Selta Gold Targeting with Detailed Geophysical Survey

First Development Resources plc (LSE:FDR) has completed a high-resolution aeromagnetic and radiometric survey across the Lander West regional gold target at its Selta Project in Australia’s Northern Territory, significantly enhancing its geological dataset for the area.

The survey covered around 4,200 line kilometres and has delivered detailed subsurface information designed to improve understanding of key geological structures and alteration patterns linked to gold mineralisation. The newly acquired data is now being combined with results from an ongoing Gradient Array Induced Polarisation survey, alongside historical geochemical sampling and drilling information, to create an integrated, multi-disciplinary targeting model.

This work is intended to refine and prioritise future air-core and reverse-circulation drilling programmes at Lander West, which the company interprets as an extension of the Stafford Gold Trend. The target is considered prospective for intrusive-related and skarn-style gold systems. In parallel, First Development Resources is continuing to progress land access and heritage approvals to support the next phase of exploration.

More about First Development Resources plc

First Development Resources plc is a UK-based, Australia-focused mineral exploration company with projects in Western Australia and Australia’s Northern Territory. The group is focused on gold and associated commodities, targeting large and underexplored geological terrains, including the Selta Project located within the Aileron Province.

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