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First Development Resources Advances Gold Exploration Strategy at Selta Project

Story Highlights
  • First Development Resources focuses on gold exploration in Australia’s Northern Territory.
  • The company plans geophysical surveys and drilling to refine gold targets at the Selta Project.
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First Development Resources Advances Gold Exploration Strategy at Selta Project

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First Development Resources Plc ( (GB:FDR) ) has shared an update.

First Development Resources plc has announced an update on its gold exploration strategy at the Selta Project in Australia’s Northern Territory. The company has identified multiple prospective gold targets associated with the Stafford Gold Trend and plans to conduct geophysical surveys to refine these targets before commencing drilling. The exploration strategy aims to enhance the company’s operations by focusing on high-potential areas for gold and other minerals, potentially impacting its industry positioning and offering new opportunities for stakeholders.

More about First Development Resources Plc

First Development Resources plc is a UK-based exploration company with a focus on mineral interests in Western Australia and the Northern Territory. The company is engaged in the exploration of gold, antimony, copper, rare-earth elements, lithium, uranium, tin, and other metallic elements, primarily in the Selta Project area.

Average Trading Volume: 2,748,422

See more insights into FDR stock on TipRanks’ Stock Analysis page.

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