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The latest update is out from First Development Resources Plc ( (GB:FDR) ).
First Development Resources Plc announced the cessation of drilling at its Wallal Project in Western Australia due to challenging downhole conditions, halting the drillhole at 918.7 meters, short of the planned 1,220 meters. Despite the setback, the company has gained significant geological insights to refine its exploration strategy and plans to focus on the Selta project’s gold potential in the Northern Territory, with further details expected soon.
More about First Development Resources Plc
First Development Resources Plc is a UK-based exploration company focused on mineral interests in Western Australia and the Northern Territory. The company owns eight tenements covering 2,314.4 km², including copper-gold projects in Western Australia and a rare-earth element, uranium, lithium, and gold project in the Northern Territory. FDR is actively seeking to expand its portfolio through the acquisition of early-stage exploration projects in Australia.
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