Projects
A Portfolio of Australian Exploration Opportunities
The Company’s current focus is the advancement of the flagship Selta Project, whilst maintaining exposure to additional copper-gold, iron and manganese opportunities.
FLAGSHIP ASSET: Selta Project
NORTHERN TERRITORY
The Selta Project represents the Company’s principal focus and hosts multiple gold, rare earth element and lithium opportunities across a large and highly prospective land package within the Aileron Province. Following extensive airborne and ground geophysical programmes, regulatory approvals and target generation studies, the Company is preparing to undertake its maiden reverse circulation drilling programme at the Lander West gold target.
- 100%-owned project
- Multiple gold targets identified
- Extensive geophysical programmes completed
- Regulatory approvals secured
- Northern Territory Government co-funding grant awarded
- Fully funded maiden drilling programme
STRATEGIC PROJECT: Wallal Project
PATERSON PROVINCE, WESTERN AUSTRALIA
The Wallal Project occupies a strategic position within the Paterson Province of Western Australia, one of Australia’s most prospective copper-gold regions. The project hosts several large-scale targets identified through modern geophysical techniques and remains an important long-term component of the Company’s portfolio.
- Paterson Province location
- Copper-gold exploration potential
- Multiple large-scale targets
- Long-term strategic opportunity
DEVELOPMENT: Braeside West Project & Ripon Hills Projects
WESTERN AUSTRALIA
WESTERN AUSTRALIA
PORTFOLIO STRATEGY
First Development Resources adopts a disciplined approach to portfolio management, allocating capital towards those opportunities offering the greatest potential to create shareholder value.
Current exploration expenditure and technical resources are focused on the advancement of the Selta Project whilst preserving long-term exposure to additional opportunities across the portfolio.
WHY AUSTRALIA?
Established infrastructure
Stable regulatory framework
Strong rule of law
World-class geological prospectivity
Access to experienced contractors and technical expertise
PROJECT SUMMARY
Project | Location | Principal Commodity | Current Status |
Selta | Northern Territory | Gold | Preparing for maiden drilling |
Wallal | Western Australia | Copper-Gold | Target evaluation |
Braeside West | Western Australia | Iron-Manganese | Strategic holding |
Ripon Hills | Western Australia | Iron-Manganese | Strategic holding |
Building Long-Term Shareholder Value
First Development Resources believes its portfolio provides exposure to multiple discovery opportunities across some of Australia’s most prospective geological provinces.
The Company’s immediate focus remains the systematic advancement of the flagship Selta Project and the delivery of its maiden drilling programme.
