First Au Ltd. · ASX:FAU
First Au — Investor Presentation (August 2021)
23 slides from First Au's investor presentation, Aug 19, 2021
Slide 1: Corporate Presentation – August 2021
ASX: FAU CORPORATE PRESENTATION – AUGUST 2021 1
Slide 2: Disclaimer
Disclaimer ASX Listing Rule Compliance This presentation does not constitute investment advice. Neither this presentation nor the In accordance with Listing Rule 5.23.2, the Company confirms in this subsequent public report information contained in it constitutes an offer, invitation, solicitation o
Slide 3: Company Summary
Company Summary •Primary focus on Gold and Copper projects in East Gippsland, Victoria •Significant landholding in this underexplored region, covering ~2,450km •Primary East Gippsland targets at Snowstorm (gold), Haunted Stream (gold) and Dogwood (copper) •Maiden ~1,370m drill program at Snowstorm i
Slide 4: Corporate Overview
Corporate Overview Capital Structure First Au Share Price Shares on issues ~614.629M 0.03 Listed options (ASX: FAUOA) ~462.103M 0.025 Market Cap @ 13/08/2021 $7.356M Cash @ 30/06/2021 ~$2.4M 0.02 Enterprise Value (EV) ~$4.956 0.015 Ownership 0.01 0.005 0 42.00% 58.00% FAU Top 20 Shareholders All oth
Slide 5: Board & Management
Board & Management Bryan Frost Mr Frost has had a long and distinguished career over 5 decades in stockbroking and the financial services industry and has been a Executive Chairman, Managing chairman and director of multiple listed public companies and in particular ASX listed mining companies. Mr F
Slide 6: Technical Team
Technical Team Dr. Gavin England Dr England adds substantial technical experience to the board of First Au. He has extensive local and international experience Technical Director with many mining companies including, Normandy Group, Consolidated Minerals, Gold Fields, Lion Ore, Impact Minerals, Ener
Slide 7: East Gippsland – What is the Opportunity?
East Gippsland – What is the Opportunity? • Before 440 million years, the Ordovician rock • Around 435-380 million years, the tectonic plate sequence that hosts the Central Goldfields of Victoria containing Tasmania, collided with the Australia (Fosterville, Bendigo, Walhalla/Woods Point) was Plate.
Slide 8: East Gippsland – Project Overview
East Gippsland – Project Overview •Tenure covers historic goldfields around Swifts Creek, Haunted Stream and Dogwood, as well as significant alluvial gold production areas •First movers on new geological thinking and advanced exploration techniques •Snowstorm shows evidence of high-grade gold >1oz/t
Slide 9: East Gippsland - Tenements
East Gippsland - Tenements GOLD COPPER Commanding strategic landholding based on key area GOLD selection criteria identified by First Au geologists COPPER GOLD 9
Slide 10: East Gippsland – Historical Mining
East Gippsland – Historical Mining •Historical high-grade gold production at many of First Au’s prospects •Previous exploration was limited by technology •FAU geologists note free gold is present. Metallurgical work in ongoing 10
Slide 11: East Gippsland – Snowstorm
East Gippsland – Snowstorm •First Au’s most advanced Victorian prospect, having completed maiden drill program recently •High-grade gold rock chips (up to 112 g/t Au) sampled by First Au geologists highlight a reef structure open along strike and down dip (refer ASX announcement 1 December 2020) •Co
Slide 12: Snowstorm (cont.)
East Gippsland – Snowstorm (cont.) 12
Slide 13: Snowstorm (cont.)
East Gippsland – Snowstorm (cont.) The first round of drilling recognised a new analogue to the Woods Point Dyke Swarm with the discovery of a mafic dyke swarm associated with quartz-reef and shoot gold mineralisation at Snowstorm 33% of Au deposits in Walhalla-Woods Point region are related to the
Slide 14: East Gippsland – Haunted Stream
East Gippsland – Haunted Stream •First Au’s flagship Project, showing potential for significant high-grade gold continuity, indicated from historical workings and rock chip sampling over an 8.5 km strike length •Historic mine records from the Victorian Government, show ore being extracted typically
Slide 15: Haunted Stream (cont.)
East Gippsland – Haunted Stream (cont.) Sample Sample location location Rock chip sample location •Historical exploration at Ernestine was limited in depth by challenges with air-flow and water •First Au’s intends on following the historical workings which are open at depth to test for mineralisatio
Slide 16: East Gippsland – Dogwood
East Gippsland – Dogwood •The Dogwood porphyry copper prospect, indicate that intrusion-related, copper-bearing hydrothermal systems operated during Silurian to Devonian time in the Yeoval tract •Previous exploration shows high copper grades within the intrusion, and high molybdenum grades in host r
Slide 17: Western Australia – Gimlet
Western Australia – Gimlet •The Gimlet Gold Project is strategically positioned 15km NW of Kalgoorlie, in an area rich in infrastructure and potential toll treatment options •First Au recently announced an upgraded inferred resource of 1,166,000 tonnes at 3.2g/t Au for 120,000 ounces at a 1 g/t cut-
Slide 18: Western Australia – Gimlet (cont.)
Western Australia – Gimlet (cont.) •The adjoining tenements of Horizon Minerals (ASX: HZR) in the south, containing the Teal, Jacques Find and Peyes gold deposits (289,000 oz Au) •To increase the mineralised footprint at Gimlet, the next phase of exploration planned involves aircore drilling of new
Slide 19: South Australia – Mabel Creek
South Australia – Mabel Creek •First Au has recently secured over 1,000km2 of tenure within the highly prospective Mabel Creek area of the northern Gawler Craton •The Olympic Dam Cu-Au province contains tier-1 Iron Oxide Copper Gold (IOCG) deposits •Mabel Creek tenure is surrounded by tenements from
Slide 20: South Australia – Mabel Creek (cont.)
South Australia – Mabel Creek (cont.) •The Mabel Creek area was identified by the winner and runner-up of the SA Government “Gawler Challenge” as one of the key prospective areas underexplored for IOCG and Central Gawler-style Au Mineralisation •The area overlapping the First Au’s tenure was identif
Slide 21: South Australia – Mabel Creek (cont.)
South Australia – Mabel Creek (cont.) A key target for exploration occurs along a demagnetised portion of strata, interpreted as a potential “outflow zone” through a major structure 21
Slide 22: Upcoming Exploration Activity
Upcoming Exploration Activity •Drilling to recommence in East Gippsland at Snowstorm in early-mid September. 1,500m program planned to follow up on previous promising results •Following drilling program at Snowstorm, assay results will follow approx. 8 weeks after completion •Anticipated granting of
Slide 23: Thank you
Thank you Key Company Contacts: Ryan Skeen +61 409 000 479 CEO rskeen@firstau.com Bryan Frost +61 418 898 885 Chairman, Managing Director bfrost@firstau.com Media & PR Contacts: Rod North +61 408 670 706 Managing Director rod@boursecommunications.com.au Bourse Communications 23