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First Development Resources Plc ( (GB:FDR) ) has issued an update.
First Development Resources has completed a high-resolution aeromagnetic and radiometric survey over the Lander West regional gold target within its Selta Project in Australia’s Northern Territory, generating approximately 4,200 line kilometres of detailed subsurface data to enhance understanding of geology, structures and alteration patterns associated with gold mineralisation. The company is now integrating these new datasets with ongoing Gradient Array Induced Polarisation survey results and historical geochemical and drilling information to build a multi-disciplinary targeting framework, refine and prioritise air-core and reverse-circulation drilling programmes, and advance Lander West—interpreted as an extension of the Stafford Gold Trend and prospective for intrusive-related and skarn-style gold systems—while land access and heritage approvals are being progressed.
More about First Development Resources Plc
First Development Resources plc (AIM: FDR) is a UK-based, Australia-focused mineral exploration company with assets in Western Australia and Australia’s Northern Territory, concentrating on gold and related commodities across large, underexplored terrains such as the Selta Project in the Aileron Province.
Average Trading Volume: 796,173
Technical Sentiment Signal: Strong Sell
See more insights into FDR stock on TipRanks’ Stock Analysis page.

