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Far Northern Resources Limited (ASX:FNR)

ALERT: Price-sensitive ASX Announcement for FNR
Current share price for FNR : $0.120 -0.05 (-29.41%)+
Announcement
Release
23 Sep 2025 9:09AM
Price at Release
$0.170
Full Release
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Summary
Far Northern Resources Limited completed a LiDAR survey at Bridge Creek, which identified several potential gold targets over a 6 km² area. The survey used advanced UAV technology, providing high-resolution topographic and structural data essential for precise drill planning and infrastructure development. A Digital Terrain Model with sub-10 cm vertical accuracy was produced. Over 30 historic near-surface anomalies were identified for potential exploration. FNR plans to review historical data, including drilling and mapping, to further analyze these anomalies. Encouraged by the survey results, the company plans to conduct further exploration at the site.
Key Points
  • Far Northern Resources Limited (FNR) has conducted a LiDAR survey at Bridge Creek.
  • The survey identified potential gold (Au) targets over a 6 km² area.
  • LiDAR technology provided high-resolution topographic and structural data.
  • The survey used UAVs equipped with a DJI Matrice 350 RPAS and Zenmuse L2 LiDAR payload.
  • Results include a Digital Terrain Model (DTM) with sub-10 cm vertical accuracy.
  • LiDAR data assists in drill planning and infrastructure development.
  • 30 historic near-surface anomalies were identified for further analysis.
  • FNR plans to review historical drilling, mapping, soil, and rock chip data.
  • Bridge Creek has a JORC resource at two locations: BC ‘central’ and Ios.
  • FNR is encouraged by survey results and plans to conduct further ground exploration.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.