Victorian Gold Project

The goldfields of the East Gippsland Region dominated Victorian production during the end of the 1800s and early 1900s, with vein-hosted and alluvial gold mining. However, the area has not had the modern exploration attention it deserves. A new tectonic and structural interpretation of the area - in which the FirstAU Haunted Stream and surrounding tenure is believed to have been continuous along strike to the Central Goldfields of Victoria during the important time of gold mineralisation, brings it back to attention, with FirstAU the first movers.

Eastern Goldfields, Victoria

Haunted Stream

  • The flagship Haunted Stream Project located in East Gippsland Victoria (340 km South East of Melbourne) shows potential for significant high-grade gold continuity, indicated from historical workings and rock chip sampling over an 8 km strike length.
  • 5 Exploration License Applications (EL 006975, EL 006976, EL 006977, EL 005422 and EL 006816) located around the towns of Bruthen, Swifts Creek and Dargo
  • FAU ownership is through an earn in to acquire up to 85%
  • Historic mine records from the Victorian Government, dating back as far as the 1880’s, show ore being extracted at above 1 ounce per tonne
  • Haunted Stream Goldfields historically produced over 25,000 oz Au between 1863 to 1917.
  • Haunted Stream area contains significant historic workings that have had limited to no drilling to effectively test their depth extents.
  • Untested, prospective saddle-reef style zones and numerous under-explored Central Victoria-style orogenic targets, as well as Walhalla and Morning Star analogue exploration opportunities
  • Gold fertility of the tenement package further evident in the long history of alluvial mining in the area.
  • VicGold exploration team identified the prospectivity of the region early in 2018 after academic studies presented by the Geological Survey of Victoria cited new geological evidence which supported new interpretation for the origin of the eastern arm of Ordovician Turbidites in East Gippsland as an equivalent and extension of the highly mineralized Bendigo-Fosterville terrane (i.e. Orocline model).
  • Plotting the high-grade rock chip results from historic exploration work on new mapping and new geological interpretation by VicGold, indicates trends consistent with a series of structural controls on mineralisation not previously interpreted or reported by earlier explorers is the initial focus for exploration for First Au, with some in some near drill ready targets.

View more information on the Haunted Stream Project area.

Eastern Goldfields, Victoria

Swifts Creek Goldfields

  • Snowstorm and Highland Chief Prospects located within the historic Swifts Creek Goldfields, which produced over 100,000 Oz Au (1845-1926). Many of the working were producing above an ounce a tonne.
  • Compilation of historic exploration data at Snowstorm Au Prospect, provides evidence of high-grade mineralisation, with drill intersection above 35 g/t Au and mullock samples up to 123 g/t Au
  • Snowstorm Prospect area (Application PL7319, Granted EL5505, and Application EL7335) located approximately 15 kms directly north of Haunted Stream has the same Ordovician-aged rocks as Haunted Stream and has historically yielded high-grade gold results, exhibiting similarities to the same gold targets as the Victorian Gold Project.
  • Snowstorm contains Ordovician sediments, free gold and sulphide lodes and is “structurally controlled” with walk up drill targets once mapping is completed. Numerous mafic dykes are observed in the area and importantly, occur immediately adjacent to mineralised quartz reefs.
  • Highland Chief Prospect (Application EL7408) south of Snowstorm, is an area with historic production records and previous surface sampling (up to 45 g/t Au) indicating high-grade shoots potentially evident to target

View more information on the Snowstorm Project area.

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