• Major resource upgrade at Gimlet with 62% now in indicated category
• Strategic refocus to Western Australia gold, including exit from Nimba Project
• Acquisition of highly prospective Barlee Gold Project

First Au Ltd (ASX: FAU) has reported its quarterly activities and Appendix 5B cash flow report. Key highlights include:- Major resource upgrade at Gimlet: 62% of the 112,900oz Gimlet Resource has been upgraded to the Indicated category, significantly increasing confidence and advancing the project toward development.- Strategic refocus to Western Australia gold: The company has streamlined its portfolio to focus on Western Australia gold, including exiting its joint venture interest in the Liberia-based Nimba Gold Project.- Acquisition of Barlee Gold Project: First Au has executed a binding agreement to acquire 100% of the ~300km² Barlee Gold Project, which is located in an underexplored greenstone belt and has historical drilling identifying anomalous gold, nickel and lithium-tin geochemistry.- High-grade drilling confirms Gimlet as a development asset: Exceptional high-grade drilling results, including 4m @ 102.06 g/t Au, 2m @ 47.52 g/t Au, and 14m @ 7.58 g/t Au, support the resource upgrade and development potential.- Successful $5.6 million capital raise: The company completed a $5.6 million capital raise, including $600,000 from directors, to fund its Western Australia gold strategy.The company is now well-positioned to advance its Western Australia gold projects, with a focus on developing the Gimlet Gold Project and exploring the newly acquired Barlee Gold Project.

First Au is focused on advancing its Western Australia gold projects, including development studies at the Gimlet Gold Project and exploration at the newly acquired Barlee Gold Project.