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First Au Ltd V.FAU.H


Primary Symbol: FRSAF

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

Bullboard Posts
Comment by dblancon Feb 03, 2013 10:56am
310 Views
Post# 20930762

RE: RE: RE: End of 1st Quarter -- How many ounces

RE: RE: RE: End of 1st Quarter -- How many ounces

should have pasted in previous response but did not stick for some reason. 

Fire River Gold Corp. is Alaska's newest gold producer, with an annual production target rate of 50,000 ounces of gold to be produced on its wholly owned Nixon Fork Gold Mine located in the resource rich Tintina Gold Belt. Operations started in July 2011, with a near term production target of 30,000 oz/Au by end of year 2012, projecting an increase to 40,000 oz/Au per year in 2013, ramping up to a projected 50,000 ounces in 2014. This year-round mining program produces both gold-rich copper concentrate and doré bars, with silver as a by-product. Fire River Gold will attempt to replenish what is mined on an annual basis by further drilling exploration targets on surface and underground thereby extending the life of the operation.

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