Selta Project Rare-Earth Element Exploration

planned

First Development Resources plc is commencing rare-earth element exploration at its Selta Project in Australia's Northern Territory in early December 2025. The exploration focuses on stream-sediment sampling and reconnaissance mapping at two priority target areas, Ingallan and West Nintabrinna, which have shown elevated historical Total REE results. The field program aims to validate these historical anomalies and generate new targets, with potential follow-up including ionic clay investigation at Ingallan. Samples collected will be analyzed in January 2026 to inform future exploration efforts.