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 […]
Tag: First Development Resources (Pty) Ltd
Power Metal granted REE-uranium licences at Selta
Power Metal Resources plc said one of its subsidiaries had now been granted all its exploration licences for the rare earth element and uranium project at Selta in the Northern Territory, Australia. LICENCES All three granted Selta exploration licences have a term of six years to 15 February 2028. The grant includes EL32737 (780.85km2), EL32738 (312.17km2) […]
Power Metal welcomes co-funding for Wallal
Power Metal Resources plc said its conditional acquisition company had received government co-funding for up to A$165,000 (£86,000) for the Wallal gold-copper project in the Paterson region of Western Australia. CONFIDENCE The project is wholly owned by First Development Resources Pty Ltd (FDR Australia) which Power Metal is working to acquire. The licences, covering in total 572km2, include E45/5816 […]