Articles On First Au (ASX:FAU)

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday t...

The gold price may have languished slightly in 2021, but the number of gold IPOs certainly has not. Here’s what the newest ASX gold explorers are doing, where they are doing it, and why investors should care.   KINCORA COPPER (ASX:KCC) The...

Strange to think that it is a year since the world was turned upside down when the World Health Organisation declared COVID-19 a worldwide pandemic in mid-March 2020. In the week that followed the price of gold tumbled nearly $US200 to $US1...

A recent round of support for gold has seen the price consolidate above $US1,700 an ounce. However, with policy support from central banks, US stimulus and employment growth — underpinned by big infrastructure projects — you’d “expect gold...

Summary The rock chip samples from the Haunted Stream / Snowstorm area returned gold grades up to 86 g/t gold. First Au has planned the maiden drilling program for mid-February at the Snowstorm Project. The application for drilling pe...

Summary First Au has announced positive results from an induced polarisation (IP) survey concluded in 2020 at the Razorback gold prospect. The survey was designed to identify the disseminated sulphides, potentially associated with gold...

Summary The new earn-in and joint venture agreement includes a higher payment of $180,000 to First Au on the commencement of the farm-in and joint venture First Au would seek the approval of shareholders in mid-January and would lodge...

Summary FAU holds a major landholding in Victoria, which includes the Victorian Goldfields Project and the highly prospective Snowstorm project Haunted Stream produced 25,000 ounces of gold between 1863 and 1917, extracting gold ores a...

Summary The rock chip samples from the Snowstorm prospect returned gold grades up to 112 g/t an outcropping vein system The Snowstorm prospect includes Ordovician sediments, sulphide lodes, and free gold. It is structurally controlled...

Summary First Au commences deep diamond drilling at Gimlet project to test the mineralisation beneath 500 metres. RC drilling program completed, drilling over 15 holes aggregating to 2,160 metres at Gimlet. Gimlet hosts a mineral reso...

Summary Exploration tenement (EL 006816) which includes “Haunted Stream project” has been granted, following which the field activities commenced. The Snowstorm tenement has been renewed, which shares strong similarities with the Haunt...

Summary First Au signed a Farm-In and Joint Venture Agreement with 8Au Pty for the Talga Gold and Base Metals Project The completion of milestones will earn up to 80% stake in the Talga Gold and Base Metals Project The farm-in agreemen...

Seasoned gold explorer, First Au Limited (ASX:FAU) announced the renewal of exploration licence EL5505 which hosts the Snowstorm Gold Project in Gippsland, Victoria. The renewal was one of the requirement precedents to the FAU’s option over...

Summary RC drilling program continues at Gimlet to test new target identified during the recent IP and SAM geophysical surveys Exploration Incentive Scheme (EIS) co-funded diamond drillhole will follow RC drilling campaign to test Gimle...

Gold and base metals explorer, First Au Limited (ASX:FAU) announced strong assay results for 3 drill holes at the flagship Gimlet gold project in the vicinity of Kalgoorlie goldfields. The drilling program targeted to test the extension of...

Summary First Au commences IP survey to delineate Sulphide mineralisation at depths exceeding 100 meters targets within the Razorback Gold prospect Historical assay grades from the shallow samples exceed gold grades of 1 g/t. Historical...

Summary First Au strengthens board, Dr Gavin England joins as Technical Director following the completion of VicGold acquisition Earlier, Dr Gavin England was the Chief Consulting Geologist for First Au and was critical to the estimatio...

Summary FAU has received commitments worth $1.5 million from existing and new sophisticated and professional investors Placement program to fund exploration at Gimlet and Haunted Stream, apart from the general working capital requiremen...

Summary Granting of EL006816 application suffices the final condition for the acquisition of Victorian Goldfields Pty Ltd Initial fieldwork to commence next week, Haunted Stream hosts numerous underexplored prospects and historical mini...

Summary First Au commences diamond drilling program to test 3 to 4 targets, aimed to check the extent of plunge beneath supergene mineralisation blanket and identify new lode mineralisation zones Current drilling to play an important ro...

Summary First Au to acquire 80% in Victorian Gold project, hosts gold mining centre with no significant exploration on the mineralisation at depth Gold explorers rushing to Victorian goldfields, Major investors backing minerals project...

Summary First Au advancing on the acquisition of 80% stake in VicGold and the Snowstorm project in two separate agreements Exercisable option to acquire remaining 20% equity exercisable upon decision to mine the Victorian goldfields pro...

Summary The drilling program was delayed due to pandemic restrictions and is understood to be critical to test mineralisation at depth First Au holds resources of over ~69,000 ounces of gold with significant portions of it amenable to t...

A quick wrap of the ASX’s key winners and losers on Tuesday, August 4. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 932 stocks rose, 446 declined and 7...

Summary First Au to acquire 80% of VicGold, which is among largest exploration plays in the Victoria’s Eastern Goldfields. Victoria Gold project hosts high grade gold mineralisation, a successful due diligence was completed in July. En...

Summary Recent capital raisings to strengthen First Au financially to execute exploration activities at Gimlet EIS co-funded drilling hole, one of a kind in the Teal-Gimlet mineralisation corridor with depth of 450-500 meters First Au...

Summary Recent capital raisings to strengthen First Au financially to execute exploration activities at Gimlet EIS co-funded drilling hole, one of a kind in the Teal-Gimlet mineralisation corridor with depth of 450-500 meters First Au...

Summary Consolidation proposed for Victorian Gold and Snowstorm Projects Victorian Gold Project is a large underexplored project in mineral-rich Victorian Goldfields Highly prospective Haunted Stream with historical gold mining grades...

Summary FAU plans consolidation of VicGold and Snowstorm projects in the Lachlan Fold Belt First Au progressing on meeting acquisition stipulations Following SPP mega oversubscription, First Au gaining strong investor support Firs...

Summary Application worth over $3 million received against $280,000 sought Directors & Officers applied for shares worth $100,000 Proceedings to Fund Gimlet Exploration and Acquisitions of VicGold and Snowstorm deposits   Adv...

A quick wrap of the ASX’s key winners and losers on Monday, July 13. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially market-moving announcements during the day. Today 715 stocks rose, 639 decl...

A quick wrap of the ASX’s key winners and losers on Friday, July 10. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially market-moving announcements during the day. Today 510 stocks rose, 793 decl...

Summary First Au establishing firm footing around the Victorian Gold project Option agreement reiterates First Au’s commitment to development Snowstorm prospect geologically very similar to Haunted stream First Au Limited (ASX:FAU...

In today's Mining Briefs: Updates from Classic, Black Cat, Lotus, Deep Yellow, First Au and Greenfields. Mining Briefs: Classic, Black Cat and more.

Gold has been in a smart bull rally during the first half of 2020 supported by existing weak global economic conditions, the accommodative monitory policy adopted by many major central banks, and the coronavirus outbreak. Gold spot prices...

First Au Limited (ASX:FAU) is an advanced gold explorer and developer, expanding its horizon by acquiring the Victorian Goldfield project in the southern Lachlan Fold Belt (LFB). In early June 2020, the explorer announced entering into a bi...

First Au Limited (ASX:FAU) is an advanced gold and base metals explorer, with critical assets in the western Australia and Victorian goldfields. First Au recently announced acquisition of 80% stake in Victorian Goldfields (VicGold) which ow...

On 11 June 2020, First Au Limited (ASX:FAU), an advanced Gold and base metals explorer, announced the securing of firm commitments from professional and sophisticated investors to raise a sum of almost $747,000 via placement of up to 74,700...

FIRST Au, which has busied itself with gold exploration in Western Australia since listing, has just done a deal to go prospecting for the yellow metal in ...

Summary First Au to acquire 80% stake in VicGold against payments in shares and cash VicGold’s Project includes 5 ELA with reported historical grades of >31g/t Au Dr Gavin England to join board, Mr Ian Neilson to join the exploratio...

Summary Gimlet Gold Project recently commenced an IP survey to identify further drilling targets IP survey aims to identify potential Sulphide Targets associated with Gold Mineralization EIS co-funded deepest drilling program of the re...

Recently, billionaire resources investor Rick Rule described how the gold cycle in a market upturn works — showing that we are moving into the final phase of the present “lifting all boats” phenomenon. “In the gold space, the physical metal...

First Au Limited (ASX: FAU), Western Australia focused gold and base metals explorer, announced the commencement of a high-resolution 3D induced polarization (IP) survey at the flagship Gimlet Gold project in the vicinity of Kalgoorlie gold...

First Au Ltd (ASX:FAU), Western Australia focussed gold and copper explorer, announced the activity report for the quarter ending 31 March 2020. The explorer highlighted the major exploration results and the impact of the COVID 19 pandemic...

First Au Ltd (ASX:FAU), the Gold and base metals explorer, owns and is currently exploring the Gimlet Gold project. The explorer and possible developer is focussed on the Western Australia region and holds two other key assets including 100...

Gold is once again under the spotlight with the commodity trading around the record levels of US$1,740 an ounce, hitting these levels after a gap of 7 years. The global uncertainty and weak economic growth have motivated investors to flock...

First Au Ltd (ASX:FAU), a Western Australia-focused gold and base metals explorer, is advancing on its 100%-owned flagship property Gimlet gold project, while progressing on other key projects including wholly owned Talga Au-Cu Projectand 8...

First Au Ltd (ASX:FAU), a Western Australia-focused gold and base metals explorer, is advancing on its 100%-owned flagship property Gimlet gold project, while progressing on other key projects including wholly owned Talga Au-Cu Project and...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

First Au (ASX: FAU) has withdrawn from its Emu Creek Joint venture with Atlas Iron after reviewing exploration results  The company had entered into a farm-in agreement to acquire a 51 per cent interest in the project by spending $190,000...