First Au (ASX:FAU) - CEO, Ryan Skeen
CEO, Ryan Skeen
Source: First Au
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • First Au (FAU) recommences drilling at Snowstorm at Swifts Creek in Victoria
  • Drilling company Starwest will be on site within the next two weeks for the upcoming program at the project
  • Drilling will include a minimum of 1500 metres diamond drilling and is expected to be completed over several months
  • First Au closed up 8.33 per cent at 1.3 cents per share

First Au (FAU) is recommencing drilling at Snowstorm at Swifts Creek in Victoria.

Drilling company, Starwest, will be on site within the next two weeks for the upcoming program at the project.

The primary goal of the upcoming drilling program is to extend on previous results with focus areas around areas that showed strong mineralisation.

Gold mineralisation appears to be structurally controlled.

The program will include a minimum of 1500 metres of diamond drilling. The overall program is expected to be completed over several months.

First Au will provide update the market on the drilling program as results begin to flow.

“The previous drilling results combined with recent field-based exploration has provided First Au with the confidence to deliver strong results with the upcoming program,” the company said.

First Au closed up 8.33 per cent at 1.3 cents per share.

FAU by the numbers
More From The Market Online
Hydrogen symbols, airplane, ship and automobiles.

Is the turbo kicking in? A look at the strategies of Plug Power, Pure Hydrogen and Ballard Power

Pure Hydrogen expands with US partnerships and fleet orders. Integrated hydrogen solutions offer big upside for…
The Market Online Video

Becoming the largest conflict-free tungsten supplier in the world

If you’ve been following critical minerals, here’s why tungsten, and Almonty Industries (NASDAQ: ALM, TSX: AII,…
A depiction of a gold cart miniaturised travelling on tracks in a cave like environment

Pantoro Gold Confirms High-Grade Extensions

Pantoro Gold (ASX:PNR) has announced new high-grade drilling results from its OK Underground Mine at the…