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PERTH - First Development Resources plc (AIM:FDR) has completed the establishment of site access and drilling platform at its Wallal Project in Western Australia’s Paterson Province, according to a press release statement issued Wednesday.
The company reported that the site preparation will facilitate its planned Phase I diamond drilling program. Over the coming days, FDR’s drilling partner DDH1 Drilling Pty Ltd will establish its camp before mobilizing drilling equipment and commencing operations.
The Wallal Project is described as the company’s flagship project among its holdings in Western Australia, which include three prospective copper-gold projects across five granted tenements. FDR also holds three tenements in Australia’s Northern Territory focused on rare-earth elements, uranium, lithium, and gold exploration.
First Development Resources, a UK-based exploration company focused on Australia, holds a total of eight granted tenements covering 2,314.4 square kilometers across both territories. The company stated that all tenements are wholly owned by FDR and represent a mix of drill-ready and earlier-stage exploration assets.
The Paterson Province, where the Wallal Project is located, is known for copper-gold deposits and hosts several established mines.
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