First Au Ltd V.FAU.H

Primary Symbol: FRSAF

Metals & Mining Gold

First AU Limited is an Australia-based advanced gold and base metals exploration company. The principal activity of the Company is exploration for gold and other metals in its interests in mining tenements located in Western Australia and Victoria. It is engaged in pursuing exploration programs at its Victorian Goldfields Project in East Gippsland and its 100% owned Gimlet Gold project near Kalgoorlie. The Victorian Gold Project is located in the Gippsland region, which is in the historic mining area of Swifts Creek and is focused on the Haunted Stream and Snowstorm Projects. The flagship Haunted Stream Project is located in East Gippsland Victoria (340 kilometers (km) South East of Melbourne). The Company’s Gimlet Gold Project is located approximately 15 km northwest of Kalgoorlie, Western Australia EL26/174 and application M26/849 -9.6 square kilometers. The Snowstorm Prospect is located within the historic Swifts Creek Goldfields in the East Gippsland region.

OTCPK:FRSAF - Post by User

First Au Ltd

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Comment by bwannaon Sep 05, 2012 3:35pm

446 Views

Post# 20321146

RE: now that we have this out of the way

you mean unless the company goes bankrupt first. this has all been talk right from the start with bad estimations of the ease with which the ore would come out of the ground and the costs to do it. If this CEO can turn it around and start getting production and recovery this is going to be a great upside story. If not don't expect this to last much longer.

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