- First Au (FAU) has begun diamond drilling at the Gimlet Gold Project in Western Australia
- This drilling program will consist of three to four holes and aim to test the plunge extent underneath the current gold mineralisation
- Drilling will also test for potential new parallel lode positions as well as aid in the planning of a deep diamond hole
- Additional programs are now planned to test target areas identified via induced polarisation (IP) and sub audio magnetics (SAM) surveys
- First Au has ended the day a healthy 17.7 per cent in the green with shares trading for two cents each
First Au (FAU) has begun diamond drilling at the Gimlet Gold Project in Western Australia.
The Gimlet project lies 15 kilometres west of Kalgoorlie and is made up of a 9.6 square kilometre granted exploration licence prospective for gold.
This drilling program will consist of three to four holes, for 700 to 800 metres, to test the plunge extent underneath the current gold mineralisation.
Drilling will also test for potential new parallel lode positions as well as aid in the planning of a deep diamond hole which will be co-funded by the West Australia Government Exploration Incentive Scheme.
Further, the core will be used for alteration and structural mapping to merge into a new mineralisation study.
Additional programs are now planned to test target areas identified via induced polarisation (IP) and sub audio magnetics (SAM) surveys.
First Au has ended the day a healthy 17.7 per cent in the green with shares trading for two cents each in a $6.825 million market cap.