First Au has executed agreements with entities controlled by respected western Australian prospector Denis O’Meara to acquire 100% of two advanced gold and gold-copper projects.
First Au has also agreed to acquire a stake of up to a 70% in a joint venture with Atlas Iron Limited (ASX Code: AGO) in a highly prospective gold and base metals project.
All the projects are located in Western Australia in historic mining areas with well-defined targets on granted tenements.
More than $8m has been spent on these projects by Denis O’Meara Prospecting and other explorers.
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