First Au Ltd. · ASX:FAU
First Au — Investor Presentation (September 2022)
20 slides from First Au's investor presentation, Sep 7, 2022
Slide 1: Investor Presentation September 2022
For personal use only Investor Presentation ASX: FAU | OTC: FRSAF SEPTEMBER 2022
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 For personal use only in it constitutes an offer, invitation, solicitation or r
Slide 3: Corporate Summary
Corporate Summary For personal use only $0.020 50 Capital Structure $0.018 45 $0.016 40 Shares 931M Volume (Millions) $0.014 35 Market Cap (at $0.007) $6.520M $0.012 30 $0.010 25 Cash (as at 30-Jun-2022) $0.89M $0.008 20 $0.006 15 Enterprise Value (EV) $5.634M $0.004 10 $0.002 5 Listed Options (ASX:
Slide 4: Project Summary
Project Summary For personal use only 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 completed at Dogwood porphyry coppe
Slide 5: East Gippsland Overview
Victoria EAST GIPPSLAND OVERVIEW For personal use only FAU has a commanding strategic landholding in an underexplored region covering hundreds of historical high-grade surface and underground workings from the 1850’s through to the early 1900’s. These historic workings have seen very limited modern
Slide 6: East Gippsland Geological Setting
Victoria EAST GIPPSLAND GEOLOGICAL SETTING For personal use only Stawell Zone Bendigo Zone Tabberabbera Zone The Geological Survey of Victoria identified that the same rocks that host the Bendigo, Ballarat and Fosterville Gold Deposits, have been folded around a ‘wedge’ of older Proterozoic rocks th
Slide 7: East Gippsland Project Overview
Victoria EAST GIPPSLAND PROJECT OVERVIEW For personal use only • All tenement hosting FAU’s priority targets have now been granted • Government records across the tenement package highlight significant historical production, with high grade historical mines producing 15-30g/t Au, with some reefs pro
Slide 8: Dogwood
Victoria DOGWOOD PROJECT For personal use only • 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 prosp
Slide 9: Haunted Stream Project
Victoria HAUNTED STREAM PROJECT For personal use only 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 l
Slide 10: Haunted Stream
Victoria HAUNTED STREAM PROJECT For personal use only • 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
Slide 11: Haunted Stream
Victoria HAUNTED STREAM PROJECT For personal use only • 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 e
Slide 12: Snowstorm
Victoria SNOWSTORM PROJECT For personal use only • FAU has completed two diamond drilling programs at the project over the last 12-months for a total of 2,791m, with the following highlights3,4,5,6: • 3.1m @ 11.6 g/t Au from 53m, including 0.8m @ 33.3 g/t Au from 54m • 1.2m @ 8.5 g/t Au from 63.6m,
Slide 13: Snowstorm
Victoria SNOWSTORM PROJECT For personal use only • The planned development is designed around the target mineralised 3D blocks (image to the left) that have produced robust intersections in the lower zone of the project • The purpose is to determine a more detailed understanding of the geological co
Slide 14: Gimlet Gold
Western Australia GIMLET GOLD PROJECT For personal use only • The Gimlet Gold Project is 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 120,000 ounces a
Slide 15: Gimlet Gold Project
Western Australia GIMLET GOLD PROJECT For personal use only Having received positive metallurgical results, FAU is now actively reviewing options for the project: • Primary focus on generating a financial return for FAU • As per of preliminary optimization works, FAU has reviewed the existing resour
Slide 16: Mabel Creek
South Australia MABEL CREEK PROJECT For personal use only • 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
Slide 17: Mabel Creek Project
South Australia MABEL CREEK PROJECT For personal use only 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_C
Slide 18: Talga Project – Joint Venture & Farm-In
Pilbara TALGA PROJECT – JOINT VENTURE & FARM-IN For personal use only • FAU entered into an agreement whereby Octava Minerals can earn up to an 80% interest in the Talga project • Octava is expected to complete its ASX listing in September 2022, on completion of listing FAU will receive $180,000 in
Slide 19: Investment Summary
Investment Summary For personal use only 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 ha
Slide 20: Thank you
For personal use only 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 In