First Au Ltd. · ASX:FAU
First Au — Australian Gold Conference 2022
20 slides from First Au's conference presentation, Jun 15, 2022
Slide 1: Investor Presentation
Investor Presentation AUSTRALIAN GOLD CONFERENCE SYDNEY, 14-15 JUNE 2022 ASX: FAU | OTCQB: FRSAF
Slide 2: Disclaimer
Disclaimer This presentation does not constitute investment advice. Neither this presentation nor the information contained For the purposes of Listing Rule 5.23.1, the relevant Company announcements which refer to these in it constitutes an offer, invitation, solicitation or recommendation in relat
Slide 3: Corporate Summary
Corporate Summary Capital Structure $0.020 45,000,000 $0.018 40,000,000 Shares 819M $0.016 35,000,000 $0.014 30,000,000 Options (FAUOA) 582M $0.012 25,000,000 $0.010 20,000,000 Market Cap (at $0.012) $9.823M $0.008 $0.006 15,000,000 Cash (as at 31 Mar 2022) $1.7M $0.004 10,000,000 $0.002 5,000,000 E
Slide 4: Project Summary
Project Summary Victorian Project • Primary focus on Gold and Copper projects in East Gippsland, Victoria • High-grade results from drilling at Snowstorm include 3m @ 11.6 g/t Au1, 6.4m @ 4.1 g/t Au2 and 4.8m @ 5.8 g/t Au3 • Drilling recently commenced at Dogwood porphyry copper project, targeting h
Slide 5: Victoria: East Gippsland Tenements
Victoria EAST GIPPSLAND TENEMENTS Commanding strategic landholding in an underexplored region covering ~2,450km2 based on key area selection criteria identified by First Au geologists Tenure covers historic goldfields around Snowstorm, Haunted Stream, Dargo and Dogwood, as well as significant alluvi
Slide 6: Victoria: East Gippsland Project Overview
Victoria EAST GIPPSLAND PROJECT OVERVIEW • Majority of Victorian tenements now granted, unshackling FAU’s exploration plans moving forward • Government records across the tenement package highlight significant historical production, with high grade historical mines producing 15-30g/t Au, with some r
Slide 7: Dogwood Project
Victoria DOGWOOD PROJECT • The Dogwood Project was discovered by Australian Anglo America Prospecting (AAAP) in 1980 and last drilled by CRA Exploration in 1993 and 1994 • The US Geological Survey (USGS) has identified the western margin of the Lachlan Fold Belt as being prospective for porphyry cop
Slide 8: Dogwood Project
Victoria DOGWOOD PROJECT • A review by the Geological Survey of Victoria (GSV) concluded that the previous drilling undertaken by CRA and Anglo-American Prospecting, did not go deep enough • FAU progressing through its 2,000m diamond drill program. Evidence from core to date showing indicators of po
Slide 9: Snowstorm Project
Victoria SNOWSTORM PROJECT • The Snowstorm project is located in the historic Swifts Creek Goldfields which has produced around 100,000oz Au • Historic data highlights evidence of high-grade mineralisation, with drill intersections > 35 g/t Au and mullock samples up to 123 g/t Au1 • Rock chips colle
Slide 10: Snowstorm Project
Victoria SNOWSTORM PROJECT • With the receipt of consistent assays across mineralised zones, the next stage of exploration is to develop a bulk sampling program • The planned development is designed around the target mineralised 3D blocks (image to the left) that have produced robust intersections i
Slide 11: Snowstorm
Victoria SNOWSTORM With the recent granting of EL007335, the Snowstorm project has potential to deliver further upside The Snowstorm mineralised trend is open to the west, where the new tenement contains numerous high potential targets Investor Presentation | June 2022 | Page 11
Slide 12: Haunted Stream Project
Victoria HAUNTED STREAM PROJECT At Haunted Stream, over 150 historical workings exist across an area covering 8.5km in strike length The extent of the mineralised footprint implies that a large hydrothermal system is required to drive the sites of mineralisation across such a large area Investor Pre
Slide 13: Haunted Stream Project
Victoria HAUNTED STREAM PROJECT • Historic mine records from the Victorian Government, show a history of alluvial and hard-rock ‘reef’ mining extracting ore, typically 15-30 g/t Au (with some reefs producing > 150 g/t Au1), from the 1860’s up until the early 1900’s • Historical mining was challenged
Slide 14: Haunted Stream Project
Victoria HAUNTED STREAM PROJECT • In 2007, Mantle Mining drilled ~800m comprising 7 holes targeting the historic workings (blue). The drilling did not target the steep shoots, instead, focussed on the faults hosting the mineralisation • FAU Drilling will target the shoots and extensions of shoots ac
Slide 15: Mabel Creek Project
South Australia MABEL CREEK PROJECT • FAU has secured over 1,000km2 of tenure within the highly prospective Mabel Creek area of the northern Gawler Craton through internal project generation • Mabel Creek tenure is surrounded by tenements from major mining houses, including BHP, RIO, FMG and Oz Mine
Slide 16: Mabel Creek Project
South Australia MABEL CREEK PROJECT Legend Preliminary_Targets PGN_Lithologies PGN_Structures Litho Type Gardner Suite Dyke Late Brittle S_GRA Strike-Slip SZ C_MCR_Amphibolite F3 - Axial Trace C_MCR_Undiff_SchistsAndGneiss ( ( Thrust N_CPR_QtzGtMag_Gneiss F1/2 - Axial Trace N_CPR_GneissSchists C_CPR
Slide 17: Mabel Creek Project
South Australia MABEL CREEK PROJECT The highly prospective corridor shown left highlights potential for a Cairn Hill style magnetite- copper-gold deposit within the southern part of the project area, hosted within the Mount Woods, Coober Pedy and Olympic Domains iron formation. The Cairn Hill resour
Slide 18: Gimlet Gold Project
Western Australia GIMLET GOLD PROJECT • The Gimlet Gold Project (E26/174 & MA26/849) is strategically positioned 15km NW of Kalgoorlie, in an area rich in infrastructure and potential toll treatment options • The project has Mineral Inferred Resource estimate of 1,166,000 tonnes at 3.2g/t Au for 120
Slide 19: Investment Summary
Investment Summary First Au is actively exploring its Victoria tenements, with drilling underway at the highly prospective Dogwood porphyry copper project and drilling at Haunted Stream to follow. This follows highly encouraging results from drilling at Snowstorm The Company has significant tenure i
Slide 20: Thank you
Thank you Key Contacts Media & PR Contacts Ryan Skeen Bryan Frost Rod North CEO Executive Chairman, Managing Director Managing Director +61 409 000 479 +64 418 898 885 Bourse Communications rskeen@firstau.com Bfrost@firstau.com +61 408 670 706 rod@boursecommunications.com.au Investor Presentation |