Gimlet Gold Project

The Gimlet Au Project is strategically positioned near Kalgoorlie, in an area rich in infrastructure and potential toll treatment options. Within 6 months of FAU listing, its exploration team made the “Gimlet” discovery, with a drill intersection of  4m @ 393 g/t Au (from 52m). From this intersection, FAU has begun to build a “Resource Base” and continues to explore elsewhere on its tenure, where FAU see potential for significant mineral system.

Kalgoorlie, Western Australia

Gimlet Gold Project

  • 15 km NW of Kalgoorlie, Western Australia EL26/174 and application M26/849 -9.6 km2
  • 69,000 Oz Au Inferred Resource (announced to the ASX  7th May 2019).
  • Adjoins the tenements of Horizon Minerals Limited (ASX: HZR) in the south, containing the Teal, Jacques Find and Peyes gold deposits (289,000 oz Au)
  • With five gold mills located within a short distance, low capex is required to get Gimlet into production
  • Option agreement to explore the prospective White Flag tenement EL24/215~4km WNW of the Gimlet tenement
  • Geology is prospective for gold, dominated by metamorphosed felsic and intermediate volcanic and sedimentary rocks of Black Flag Group of the Kalgoorlie Terrane, Yilgarn Craton.
  • Induced polarization (IP) and SAM survey covering areas surrounding Gimlet and the Horan’s Dam. Data identified potential new target areas interpreted to be related to an alteration halo, around and along strike to Gimlet

View the latest Gimlet information here.
View more information on the Gimlet Project area.

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