ASX Briefs...everything...in three bullet points

FIRST AU LIMITED (ASX: FAU)

Haunted Stream maiden drilling campaign intersects gold in all five holes, potentially revealing a large mineral system.
First two holes assay results show 12.9m @ 3.57g/t Au and 11.1m @ 2.65g/t Au, with gold present at shallow depths.
Drilling is ongoing, targeting the down-plunge extent of the system and exploring the 8.5km strike of the goldfield.

2023-06-08 09:24:00

First Au Limited has been granted the Gimlet Mining Lease (M26/849) in Western Australia.
The Gimlet Gold Project is situated 15km NW of Kalgoorlie and contains an inferred resource of 120,000 oz's Au at 3.19 g/t Au.
The granted mining lease increases opportunities for potential partnerships, finding buyers, or independent project advancement.

2023-05-26 09:54:00

Drilling has started at the promising Haunted Stream Gold Project in Victoria.
A program of 1,000m-1,200m of diamond drilling is planned, focusing on historical workings with high gold production.
The drill program is estimated to be completed within 6-8 weeks, with assay results to be submitted afterward.

2023-05-09 12:40:00

First Au Limited (FAU) has agreed to vary the terms of its proposed acquisition of 100% of the issued capital of PG Exploration, particularly the milestones for issuing shares and options.
The total number of shares and options that may be issued remains the same, with changes resulting from input from ASX on the transaction milestones.
ASX has granted FAU a waiver of ASX Listing Rule 7.3.4 to allow the issue of shares and options as consideration under the transaction upon satisfaction of relevant milestones within a specified timeframe.

2023-03-29 11:52:00

FAU acquired 100% of issued capital in PG Exploration, which holds four tenements covering ~180km2.
Historic rock chip and soil samples from the Red Rock Project include lithium anomalies of 249 ppm Li2O, 160 ppm Li2O, 48ppm Ta, 184ppm Cs, and 141.5ppm Sn.
Tenements contain historically mapped pegmatite occurrences and critical 'young granites' and greenstone, though have only been minimally explored.

2023-02-13 09:58:00

FAU has entered into a binding tenement sale agreement to sell the Mabel Creek Project to Talisman Mining Limited
FAU will receive $200,000 in cash and $100,000 of TLM shares as consideration for the sale of the project
FAU will retain exposure to any potential upside in Mabel Creek through a shareholding in TLM

2023-01-30 09:36:00