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September 10, 2022

Australian junior poised for major growth…

Please find below a special message from our advertising sponsor, First Au Limited. Golden Opportunities is a free service that gives you valuable investment intelligence all year long at no charge, and advertisements allow us to continue sending these reports.

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First Au:

Australian Junior Miner Poised for Major Growth

This still-small junior was a first-mover in the exciting new Victorian goldfields rush.

 

Dear Fellow Investor,


First Au Limited is an exploration company listed on the Australian Securities Exchange (Code: FAU) and dual trading on the OTC Market in the U.S. (FRASF). The company’s major projects are the Victoria Gold and Copper Projects, located in East Gippsland, Victoria, and the Gimlet Gold Project, located 15 kilometers northwest of Kalgoorlie, Western Australia.

The Victorian goldfields became an area of international focus following new ultra-high-grade discoveries at Fosterville gold mine in 2015 and 2016 by Kirkland Lake (now Agnico Eagle), it is recognized as one of the world’s most profitable gold mines. This and other recent discoveries fueled an unprecedented goldrush to the region.

FAU was an early mover, acquiring VicGold Pty Ltd in June 2020. Recent drilling programs have delivered results up to 59 g/t gold and rock chips up to 112 g/t gold (approximately 3-½ ounces). There is no doubt that this is an area of massive interest, with over 30 listed gold companies now exploring in the region.

FAU recently released assay results from the first two holes of a 14-hole drilling program at the Dogwood Copper Gold Porphyry Project and announced the discovery of extensive copper mineralization over a 70-meter downhole interval. Assay results include maximum copper values of 0.8% Cu and 5.63 g/t gold.

FAU’s second primary focus, the Gimlet Gold Project, currently contains a JORC inferred resource of 120,000 ounces. The company recently announced new metallurgical test work had provided recoveries of 87.99%. FAU is advancing discussions in respect to mining and processing options in a region that boasts substantial mining infrastructure and a variety of toll treatment options.



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© Golden Opportunities, 2009 - 2022


Advertisements included in this issue do not constitute endorsements from us of any stock or investment recommendation made by our advertisers.

Warnings and Disclaimers: As you know, every investment entails risk. Golden Opportunities hasn’t researched and cannot assess the suitability of any investments mentioned or advertised by our advertisers. We recommend you conduct your own due diligence and consult with your financial adviser before entering into any type of financial investment. This profile should be viewed as a paid advertisement. The publisher and staff of this publication may hold positions in the securities of companies discussed or recommended. The information contained herein has been received from sources which the publisher deems reliable. However, the publisher cannot guarantee that such information is complete and true in all respects. The advertiser provided a review of the factual content of this advertisement at the time of publication. The publisher is not a registered investment adviser and does not purport to offer personalized investment related advice; the publisher does not determine the suitability of advice and recommendations contained herein for any reader. Each person must separately determine whether such advice and recommendations are suitable and whether they fit within such person’s goals and portfolio. The advertiser featured in this edition of Golden Opportunities has paid the publisher for the costs and compensation related to the authorship, overhead, design and distributing this online edition, in the amount of $5,000. The publisher may receive revenue, the amount of which cannot be predetermined, from sales resulting from any accompanying offer. Authors of articles contained herein may have been compensated for their services in preparing such articles.


Golden Opportunities
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111 Veterans Memorial Blvd. Suite 1555
New Orleans, LA 70005
1-800-648-8411

 

GNL Admin2022-09-12T15:18:11+00:00September 10th, 2022|

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