# Stage II Drilling Set to Commence at Lander West Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/stage-ii-drilling-set-to-commence-at-lander-west--354ea21b-b879-4d07-9485-155556871356 Original source: https://www.londonstockexchange.com/news-article/FDR/stage-ii-drilling-set-to-commence-at-lander-west/17829815 Publisher: lse Original announcement: 2026-10-12T05:00:08.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-12T11:06:04.317Z Atlas analysis updated: 2026-10-12T11:06:04.317Z - Company: First Development Resources plc - Ticker: FDR - Exchange: LSE - Region: Northern Territory - Primary commodity: Gold - Secondary commodities: Uranium, Rare-earth elements - Document categories: Other, Drill results - Extracted: 2026-10-12 11:06:05 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary First Development Resources is commencing Stage II reverse-circulation drilling at the Lander West Gold Project in the Northern Territory. The programme consists of approximately 12 holes for 1,920 metres, designed to follow up recent gold discoveries at Red Handed. Reasoning: The announcement details the commencement of a planned follow-up drilling programme \(Stage II\) following successful Stage I results. While it mentions historical and recent intercepts, no new assay results are being reported in this release. - Positive factor: Stage II drilling commencement imminent - Positive factor: Stage I confirmed gold mineralisation in bedrock - Positive factor: Contractor mobilised to site - Positive factor: Funded from existing cash Facts used in scoring: 4 ## Classification and evidence **Infill Drilling** Polarity: neutral Story-specific tag Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The Stage II programme is described as follow-up drilling to test for improvements in grade and thickness and assess continuity. Evidence · text > These holes are designed to test for improvements in grade and thickness along strike and down dip, and to assess the extent of the mineralised zone. ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### 26LWR08 [Link to this fact](https://atlas-staging.minestarters.com/news/stage-ii-drilling-set-to-commence-at-lander-west--354ea21b-b879-4d07-9485-155556871356#fact-drill-facts-0) Lander West · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: 26LWR08 - Project: Lander West - Commodity: gold - Region: australia\_nt - Reported Region: australia\_nt - Ticker: FDR #### Geometry - Grade: 0.4 - Grade Unit: g/t - Intercept: 7 m - From: 50 m - To: 57 m - Intercept Depth: 50 m #### Classification - Sample Type: drill - Group ID: 26LWR08:50-57 #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-15T00:00:00.000Z #### Dates - Event date: 2026-10-12T00:00:00.000Z Reasoning: Historical intercept from Stage I results. Evidence · text > hole 26LWR08 intersected 7m @ 0.40 g/t gold from 50m downhole #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### 26LWR08 [Link to this fact](https://atlas-staging.minestarters.com/news/stage-ii-drilling-set-to-commence-at-lander-west--354ea21b-b879-4d07-9485-155556871356#fact-drill-facts-1) Lander West · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: 26LWR08 - Project: Lander West - Commodity: gold - Region: australia\_nt - Reported Region: australia\_nt - Ticker: FDR #### Geometry - Grade: 0.98 - Grade Unit: g/t - Intercept: 2 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-15T00:00:00.000Z #### Dates - Event date: 2026-10-12T00:00:00.000Z Reasoning: Historical high-grade sub-interval from Stage I results. Evidence · text > including 2m @ 0.98 g/t gold #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### RHB108 [Link to this fact](https://atlas-staging.minestarters.com/news/stage-ii-drilling-set-to-commence-at-lander-west--354ea21b-b879-4d07-9485-155556871356#fact-drill-facts-2) Lander West · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: RHB108 - Project: Lander West - Commodity: gold - Region: australia\_nt - Reported Region: australia\_nt - Ticker: FDR #### Geometry - Grade: 0.3 - Grade Unit: g/t - Intercept: 16 m - From: 12 m - To: 28 m - Intercept Depth: 12 m #### Classification - Sample Type: drill - Group ID: RHB108:12-28 #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-10-12T00:00:00.000Z Reasoning: Historical intercept mentioned for context. Evidence · text > RHB108, which returned 16m @ 0.30 g/t gold from 12m downhole #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### RHB108 [Link to this fact](https://atlas-staging.minestarters.com/news/stage-ii-drilling-set-to-commence-at-lander-west--354ea21b-b879-4d07-9485-155556871356#fact-drill-facts-3) Lander West · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: RHB108 - Project: Lander West - Commodity: gold - Region: australia\_nt - Reported Region: australia\_nt - Ticker: FDR #### Geometry - Grade: 1.93 - Grade Unit: g/t - Intercept: 2 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-10-12T00:00:00.000Z Reasoning: Historical high-grade sub-interval from RHB108. Evidence · text > including 2m @ 1.93 g/t gold #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.