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First Development Resources Initiates Phase I Drilling at Wallal Project

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First Development Resources Initiates Phase I Drilling at Wallal Project

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First Development Resources Plc ( (GB:FDR) ) just unveiled an announcement.

First Development Resources Plc has commenced its Phase I diamond core drilling program at the Wallal Project in Western Australia, targeting magnetic geophysical bullseye anomalies similar to the Havieron discovery. The program, facilitated by DDH1 Drilling Pty Ltd, aims to explore the Eastern anomaly, with a planned borehole depth of approximately 1,220 meters. The drilling is expected to enhance the company’s exploration capabilities and potentially strengthen its position in the Australian mineral exploration industry.

More about First Development Resources Plc

First Development Resources Plc is a UK-based exploration company with a focus on Australia, holding mineral interests in Western Australia and the Northern Territory. The company owns eight tenements, including copper-gold projects in Western Australia and a rare-earth element, uranium, lithium, and gold project in the Northern Territory. The company is actively seeking to expand its portfolio with early-stage exploration projects in Australia.

Average Trading Volume: 2,603,459

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