For thousands of other reports visit RSC's Mineral Intellingence Map

First Au Ltd.

opaxe

Summary

Project:

Gimlet

Deposit:Gimlet
Location:Australia
Commodities:Gold
Date:3/18/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:18-3-2019: First Au Ltd. announces an Exploration/Drilling Update report for its Gimlet deposit at the Gimlet project. Drilling results incl. 15m @ 7.2g/t Au from 93m. First Au Limited (ASX: FAU) is pleased to announce strong assay results from the Compan
Resources:x
CP/QP:[Overall Report]: Gavin England (Independent)
ABSTRACT:First Au Limited (ASX: FAU) is pleased to announce strong assay results from the Company’s second reverse circulation (RC) drilling program at its Gimlet Gold Project near Kalgoorlie in WA. These exploration results and those from the 2018 RC program delineates mineralisation over 400m of strike length and work will now begin to determine a potential JORC Resource. While the program was primarily focussed on targeting the shallower oxide mineralisation, a decision to push the drilling deeper has enabled FAU to announce an exciting new lode gold discovery, which appears open at depth (Figure 1). Gimlet is 15km north-west of Kalgoorlie and adjoins the tenements of Intermin Resources (ASX: IRC), which contain the Teal, Jacques Find and Peyes Farm gold deposits. The IRC deposits host JORC Resources of 289,000oz. First Au’s ~ 2900m RC program followed up the outstanding results from its recent RC and aircore programs at Gimlet, which returned strong intersections, including 3m at 462 g/t Au from 52m (refer ASX release dated 8 November 2018 and 14 December 2018).

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report