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The latest update is out from Far Northern Resources Limited ( (AU:FNR) ).
Far Northern Resources has completed its Phase 2 drilling program at the Bridge Creek tenement in the Northern Territory and reported assay results indicating significant extensions of gold mineralisation. The drilling has confirmed mineralisation beneath the existing ore body and up to 750 metres south, helping to validate historic exploration data and potentially enlarging the known resource footprint.
The board has outlined a structured five-step plan for 2026 that includes reassessing previously excluded drillhole data, updating the Bridge Creek Central and South resource models and undertaking high-level resource optimisation studies. Additional metallurgical, geotechnical, extension and infill drilling is planned to refine recovery assumptions, strengthen mine planning inputs and test deeper and along-strike high-grade zones, signaling a move toward more advanced project evaluation.
More about Far Northern Resources Limited
Far Northern Resources Limited is a mineral exploration company focused on gold projects, with its key activities currently centered on the Bridge Creek tenement in Australia’s Northern Territory. The company’s strategy is geared toward expanding and upgrading its gold resource base through targeted drilling, geological modeling and technical studies to support potential future mine development.
Average Trading Volume: 22,673
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$11.79M
Find detailed analytics on FNR stock on TipRanks’ Stock Analysis page.