First Au Ltd. · ASX:FAU
First Au — Investor Presentation (December 2023)
22 slides from First Au's investor presentation, Dec 7, 2023
Slide 1: Investor Presentation December 2023
For personal use only Investor Presentation December 2023 ASX:FAU
Slide 2: Disclaimer
Disclaimer This presentation does not constitute investment advice. Neither this presentation nor the information For the purposes of Listing Rule 5.23.1, the relevant Company announcements which refer to contained in it constitutes an offer, invitation, solicitation or recommendation in relation to
Slide 3: Investment Highlights
Investment Highlights Quality Projects For personal use only Highly prospective gold exploration projects with recent near surface high-grades intersections offering significant upside potential. Board continuing to assess new project globally Strong Investment Thematic Exposure and leverage to gold
Slide 4: Corporate Overview
Corporate Overview CAPITAL STRUCTURE & SHARE REGISTER $0.008 60,000,000 Capital Structure $0.007 For personal use only Shares (ASX:FAU) 1,661M 50,000,000 $0.006 Market Cap (at $0.002) $3.322M 40,000,000 $0.005 Cash (as at 6-Dec-2023) $0.62M $0.004 30,000,000 Investments in Listed Shares (as at 6-Dec
Slide 5: Corporate Summary: Board & Management
Corporate Summary BOARD & MANAGEMENT Ryan brings valuable experience and a deep understanding of financial and economic markets. He is well versed in various capital raisings including IPOs, placements, and rights issues, and is well focused on For personal use only Managing Director & Ryan Skeen bu
Slide 6: Project Overview
Victoria Project Overview A SIGNIFICANT GROUND HOLDING IN A HIGHLY PROSPECTIVE AND UNDEREXPLORED REGION FAU has commanding ground position in a developing For personal use only region. Eastern Victoria has had little modern exploration but is now experiencing increasing activity and interest: • Aeri
Slide 7: Project area in same geological setting as the Bendigo Zone
Victoria FAU’S PROJECT AREA THOUGHT TO BE THE SAME GEOLOGICAL SETTING AS THE WORLD CLASS BENDIGO ZONE For personal use only Investor Presentation - December 2023 | Page 7
Slide 8: Haunted Stream Project – World Class Deposit Potential?
Victoria HAUNTED STREAM PROJECT – WORLD CLASS DEPOSIT POTENTIAL? At Haunted Stream, historic mine records For personal use only from the Victorian Government, highlight the potential for high-grade gold with historic reports of alluvial and hard-rock mining producing 15-30 g/t Au (with some reefs pr
Slide 9: Haunted Stream Project – World Class Deposit Potential?
Victoria HAUNTED STREAM PROJECT – WORLD CLASS DEPOSIT POTENTIAL? The mineralised trend at Haunted For personal use only Stream contains over 150 historical workings. These lodes are hosted in an extensive system which is mineralised for over >8.5km in strike. The system has the potential to deliver
Slide 10: Haunted Stream Project – World Class Deposit Potential?
Victoria HAUNTED STREAM PROJECT – WORLD CLASS DEPOSIT POTENTIAL? Further evidence of high-grade For personal use only mineralisation over the extent of the mineralised trend is demonstrated by historic rocks chips and samples taken by FAU. Results show consistent high-grades along the mineralised zo
Slide 11: Haunted Stream Project – World Class Deposit Potential?
Victoria HAUNTED STREAM PROJECT – WORLD CLASS DEPOSIT POTENTIAL? Maiden drilling program at Haunted Stream aimed at For personal use only testing below the historic workings around the Ernestine workings, which historically produced 927oz Au @ 39 g/t Au. The program was a major success for FAU, inte
Slide 12: Haunted Stream Project – World Class Deposit Potential?
Victoria HAUNTED STREAM PROJECT – WORLD CLASS DEPOSIT POTENTIAL? Following the success of the maiden For personal use only program around the Ernestine, FAU has immediate follow up targets and further programs planned to test other key targets along the Ernestine-Hibernia corridor. This includes the
Slide 13: Haunted Stream Project – District Scale Potential?
Victoria HAUNTED STREAM PROJECT – DISTRICT SCALE POTENTIAL? Numerous other high priority targets existing across For personal use only the strike extent of Haunted Stream, including Rob Roy which had historical production of 1,771oz @ 31 g/t Au (historic section showing mined areas to the right, FAU
Slide 14: Snowstorm Project – Near Term Development Potential
Victoria SNOWSTORM PROJECT – NEAR TERM DEVELOPMENT POTENTIAL The Snowstorm project is located just outside the For personal use only township of Swifts Creek in East Gippsland, Victoria. The area has a rich history of hard rock and alluvial gold mining and has historically produced over 110,000oz Au
Slide 15: Snowstorm Project – Near Term Development Potential
Victoria SNOWSTORM PROJECT – NEAR TERM DEVELOPMENT POTENTIAL Compilation of historic data demonstrated the potential of Snowstorm, with previous drilling completed by Mines of For personal use only Stirling in 2012 producing a best intercept of 1m @ 35.8 g/t Au1. Historic drilling and outcrop have a
Slide 16: Snowstorm Project – Near Term Development Potential
Victoria SNOWSTORM PROJECT – NEAR TERM DEVELOPMENT POTENTIAL For personal use only Following initial exploration, FAU has completed two diamond drilling programs at the Snowstorm project for a total of 2,791m, with the following highlights1,2,3,4: • 3.1m @ 11.6 g/t Au from 53m, including 0.8m @ 33.3
Slide 17: Snowstorm Project – Near Term Development Potential
Victoria SNOWSTORM PROJECT – NEAR TERM DEVELOPMENT POTENTIAL FAU is proposing to undertake underground For personal use only development at Snowstorm. The proposed underground development will allow FAU to undertake more detailed mapping of the system at the Snowstorm, which is anticipated to provid
Slide 18: Snowstorm Project – Near Term Development Potential
Victoria SNOWSTORM PROJECT – NEAR TERM DEVELOPMENT POTENTIAL Upside to the existing strike extent of For personal use only Snowstorm exists from the broader Snowstorm project area. Historic workings along strike to the west of Snowstorm, as well as granodiorite hosted Au targets have been identified
Slide 19: Untested depth potential of key projects underpins future upside
Victoria UNTESTED DEPTH POTENTIAL OF KEY PROJECTS UNDERPINS FUTURE EXPLORATION & UPSIDE For personal use only Investor Presentation - December 2023 | Page 19
Slide 20: Gimlet Gold Project
Western Australia GIMLET GOLD PROJECT For personal use only The Gimlet Gold Project is positioned 15km NW of Kalgoorlie, a tier-1 global mining jurisdiction that is rich in infrastructure and a highly skilled workforce. The project has Mineral Inferred Resource estimate of 1,166,000 tonnes @ 3.2g/t
Slide 21: Gimlet Gold Project
Western Australia GIMLET GOLD PROJECT For personal use only FAU completed early-stage metallurgical testing in 2022, with recovery rates of 87.99%1. Further test work has the potential for optmisation work to increase recovery rates. FAU is currently considering options to move the project forward o
Slide 22: Thank you
For personal use only Thank you Ryan Skeen Key Contacts CEO & Managing Director +61 409 000 479 rskeen@firstau.com Investor Presentation - December 2023 | Page 22