First Development Resources plc has appointed a drilling contractor for phase I reverse circulation drilling on the Lander West target at Selta in the Northern Territory, Australia.
GOLD
GD GeoDrill Australia Pty Ltd will complete up to 3,000 metres, with follow-up drilling subject to field observations and results.
The company said that the programme would test major shear zones and fault intersections, magnetic anomalies as well as anomalous gold and arsenic geochemistry from previous drilling and surface sampling.
Drilling will also target beneath shallow sediment cover extending to bedrock.
Lander West lies within the broader Stafford gold trend, which is a “recognised mineralised corridor hosting gold and antimony mineralisation on neighbouring tenements”.
The overall Selta project is prospective for uranium, rare earth elements, base and precious metals.
First Development chief executive officer Tristan Pottas added: “With the appointment of GeoDrill Australia and all key regulatory approvals now secured, the company can focus on the final operational and logistical preparations ahead of mobilisation.”