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Far Northern Resources Limited (ASX: FNR) has completed a high-resolution LiDAR survey across its three Mining Leases at Bridge Creek in the Northern Territory, successfully identifying multiple new gold targets. The survey uncovered extensive historical workings over a strike length exceeding 1.1km and confirmed that areas of interest align with the Howley Anticline, a well-documented gold-bearing structure responsible for producing more than 3 million ounces. Importantly, this work supports earlier drilling results, including 3m @ 36.82 g/t Au from hole FNRBCRC022, located near historic Chinese workings.
The LiDAR dataset, captured using UAV-mounted technology, penetrated tree cover to deliver ultra-precise terrain models with sub-10cm accuracy, alongside high-resolution imagery. This information provides a strong foundation for geological interpretation, resource targeting, and future infrastructure planning. CEO Cameron Woodrow emphasised that the survey not only enhances drill targeting precision but also accelerates exploration efficiency and long-term development planning at Bridge Creek. With phase two drilling to target Bridge Creek South, these results mark a key step toward expanding near-mine resources and unlocking the broader potential of the Howley corridor.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.