First Au Limited Acquires 100% of Flagship Victorian Goldfields Project, Focuses on High-Grade Gold Potential

Date/time : 2025-04-13 05:49 PM
Symbol :

FAU

Company : First AU Limited - Ordinary Shares
Price : 0.002
Market cap : 3,300,000
O/S : 1,661,993,277
Exchange :

AU

Industry :

Gold

Full story

First Au Limited secured 100% ownership of the Victorian Goldfields Project, focusing on high-grade gold potential at the Haunted Stream prospect with assays including 13m @ 3.57 g/t Au and 8m @ 3.45 g/t Au. Over 150 historical workings along 8.5km of strike are largely untested below 110m. The divestment of noncore assets strengthens the balance sheet for future exploration.