Business
Selta Update: Appointment of Drilling Contractor
First Development Resources plc has appointed GD GeoDrill Australia Pty Ltd as the drilling contractor for its maiden Phase I Reverse Circulation drilling program at the Lander West gold target within its Selta Project in the Northern Territory. This appointment follows the successful completion of regulatory approvals, including the certification of the Company's Risk Management Plan and Emergency Response Plan by NT WorkSafe. The Phase I program is designed as a targeted first-pass test of up to 3,000 metres, focusing on structural and geochemical targets identified through integrated geological and geophysical surveys, aiming to test major shear zones, fault intersections, magnetic anomalies, and coincident chargeability and magnetic anomalies. Disclaimer*
About this update from First Development Resources Plc
[{"type":"text","content":"\n\n \nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM THE UNITED STATES OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.\n11 May 2026\nFirst Development Resources plc\n('First Development\", \"FDR\" or the \"Company')\nAppointment of drilling contractor - Lander West Gold Target, Selta Project\nFirst Development Resources plc (AIM: FDR), the UK-based, Australia-focused exploration company with mineral interests in the Northern Territory and Western Australia, is pleased to announce the appointment of GD GeoDrill Australia Pty Ltd (\"GeoDrill Australia\") as drilling contractor for the Company's maiden Phase I Reverse Circulation (\"RC\") drilling programme at the Lander West gold target within its 100%-owned Selta Project in the Northern Territory, Australia.\nThe appointment of GeoDrill Australia represents a significant operational milestone for the Company and follows completion of the necessary regulatory approvals required to commence drilling activities at Lander West.\nGeoDrill Australia was selected as the preferred drilling partner based on its strong technical capabilities, modern equipment fleet and proven track record of safe and efficient programme delivery across Australia and within the Selta region.\nGEODRILL AUSTRALIA - TECHNICAL & ENVIRONMENTAL, HEALTH & SAFETY (\"EH&S\") CAPABILITY\n· Extensive experience delivering RC and mineral exploration drilling programmes, including multi-rig, continuous operations across Australia\n· Modern high-performance drilling fleet designed to maximise productivity, sample quality and operational efficiency\n· Experienced crews with a strong track record operating safely in remote and logistically challenging environments\n· Management systems aligned to internationally recognised standards, including ISO 45001 (Occupational Health and Safety), ISO 9001 (Quality Management) and ISO 14001 (Environmental Management)\n· A proactive safety-first culture underpinned by continuous risk assessment, rigorous operational procedure and strict environmental compliance\nThis combination of technical delivery capability and high EH&S standards aligns closely with FDR's commitment to s...