High-grade Gold from Initial Kalgoorlie Fieldwork
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| Stock | First Au Ltd (FAU.ASX) |
|---|---|
| Release Time | 13 Aug 2026, 8:22 a.m. |
| Price Sensitive | Yes |
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First Au Ltd Announces High-Grade Gold Findings in Kalgoorlie
Key Points
- Initial Kalgoorlie fieldwork returns gold assays up to 4.93 g/t Au
- Identified a previously unreported area of quartz outcropping
- Kims prospect shows potential with limited historical drilling
- Located 2.6km from the 3.7Mt pa Paddington Gold Mill
Full Summary
First Au Ltd has announced promising results from initial fieldwork in the Kalgoorlie region, where gold assays reached up to 4.93 g/t Au. The fieldwork, conducted on two of the 20 recently acquired tenements, identified a previously unreported area of quartz outcropping and approximately 30 historic workings at the Kims prospect. The high-grade gold results were from iron-sulphide associated quartz samples, indicating a prospective target that has seen limited historical drilling. The Kims prospect is located just 2.6km from the 3.7Mt pa Paddington Gold Mill, owned by Zijin Mining Group. First Au Ltd is continuing its fieldwork across its broader Kalgoorlie portfolio, with further assay results pending.
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