First Au Limited has lodged a Program of Work to commence a reverse circulation drilling campaign at the First Hit deposit, targeting down-dip extensions of the high-grade orebody and moving toward a maiden mineral resource estimate for the project.

The program forms part of the Riverina East gold project in Western Australia's Eastern Goldfields, which First Au acquired from Viking Mines Ltd in July 2026 under a transaction valued at up to $5 million. That acquisition comprised $1.2 million in cash, $1.0 million in shares, and performance rights, alongside a commitment to fund a minimum of $500,000 in drilling expenditures across the tenements within 12 months.

“First Hit is a key asset within FirstAu's growing WA gold portfolio. Its history as a high-grade producing gold mine, having produced 29,276 ounces at an average head grade of 7.64g/t over just 15 months, provides a compelling foundation for the work we are now undertaking.”

“With the PoW lodged and preparations for our maiden RC drilling program well advanced, we are looking forward to getting back on the ground at First Hit. The program will target extensions to the known mineralisation as we work towards establishing a maiden Mineral Resource Estimate for FirstAu and continue to advance our WA gold strategy.”

— Daniel Raihani, Executive Chairman

The upcoming drilling will test down-dip extents and convert wider-spaced historical data into appropriate data densities for resource estimation. First Au has advanced drilling contracts, assay arrangements, and logistics with a Kalgoorlie-Boulder provider.

Activity across the surrounding district remains active, highlighted by Beacon Minerals Limited reporting 13.3 metres at 16.32 grams per tonne gold at its Lady Ida project. First Au's work will run alongside ongoing technical evaluation and data validation across the wider tenement package, as the company works toward establishing a maiden Mineral Resource Estimate for First Hit.

Read the full announcement: First Au to Commence Drilling at First Hit Gold Deposit