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Selta: Site Preparation at Lander West
First Development Resources plc has commenced site preparation at its Lander West Gold Target in Australia's Northern Territory, with the drill rig expected to arrive in the coming days for its maiden Phase I Reverse Circulation drilling programme. All necessary regulatory approvals are complete, marking a significant milestone as the company transitions from planning to execution on its flagship Selta Project. This upcoming drilling campaign will test high-priority gold targets identified through extensive exploration efforts. Disclaimer*
About this update from First Development Resources Plc
NOT 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. 30 June 2026 First Development Resources plc ('First Development", "FDR" or the "Company') Site Preparation Commences at Lander West Drill Rig Expected to Arrive on Site in the Coming Days First Development Resources plc (AIM: FDR), the UK-based, Australia-focused mineral exploration company, is pleased to announce that site preparation activities have commenced at the Company's flagship Lander West Gold Target within the Selta Project in Australia's Northern Territory. The Company's field team has mobilised to the Lander West project area and has commenced final site preparation activities ahead of the Company's maiden Phase I Reverse Circulation ("RC") drilling programme. The drill rig is expected to arrive on site in the coming days, with drilling anticipated to commence shortly thereafter. HIGHLIGHTS · Site preparation has commenced at the Lander West Gold Target. · Drill rig expected to arrive on site in the coming days. · All regulatory approvals and statutory requirements now complete. · Phase I RC drilling anticipated to commence following rig mobilisation and final site preparations. Tristan Pottas, Chief Executive Officer of FDR, commented: "The commencement of site preparation at Lander West represents an important milestone in the advancement of the Selta Project as we prepare for our maiden Phase I RC drilling programme. Over recent months we have systematically advanced Lander West through geological interpretation, geophysical surveying, geochemical sampling, permitting and drill targeting. With our field team now on site and the drill rig expected to arrive on site in the coming days, we are entering an exciting new phase for the Company. We now look forward to commencing our maiden drilling programme at Lander West and testing the high-priority gold targets identified through our systematic exploration programme." SITE PREPARATION COMMENCES The Company's field team, led by recently appointed Exploration Manager Dr David Rawlings, has commenced final site preparation activities (Figure 1), including construction of access tracks, establishment of dril...
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