Selta Project

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The Selta Project is First Development Resources plc’s flagship asset and hosts multiple gold, rare earth and lithium opportunities. Exploration is currently focused on the highly prospective Lander West gold target.

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Summary

  • 100%-owned project
  • Multiple gold targets identified
  • Extensive geophysical datasets completed
  • Regulatory approvals secured
  • Fully funded drilling programme
  • AU$100,000 NT Government co-funding grant
  • Experienced exploration team
  • Maiden drilling programme scheduled for 2026
Since admission to AIM, the Company has completed airborne magnetic and radiometric surveys, induced polarisation surveys, geochemical programmes and integrated structural interpretation to progressively refine priority targets.

Lander West Gold Target

Lander West represents the principal focus of current exploration activities. Multiple coincident geological, geochemical and geophysical anomalies have identified several high-priority targets, including shear zone, M-Fold and intrusive contact targets.

Geophysics of Lander West Gold Target

REE and Lithium Opportunities

The Project also hosts encouraging rare earth and lithium opportunities, providing additional long-term optionality.

Operational Readiness

Key approvals have been secured, positioning the Company to commence drilling following completion of final operational preparations.

Government Support

In June 2026, the Company was awarded an AU$100,000 Northern Territory Government co-funding grant, providing independent validation of the technical programme.

Maiden Drilling Programme

The initial reverse circulation programme will provide the first systematic drill test of priority gold targets generated through the Company’s integrated approach.