First Development Resources plc has applied to surrender two of its three exploration licences, located within the Wallal gold-copper project in the Paterson Province of Western Australia. ANOMALIES The decision to relinquish E45/5853 and E45/5880 followed a technical review which identified the licences as non-core to the company’s exploration strategy. First Development will focus its cash and resources on the Selta […]
Tag: Wallal copper-gold – Paterson Province – Western Australia
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 […]