M&A

First Au seeking another Bendigo in East Gippsland

FIRST Au, which has busied itself with gold exploration in Western Australia since listing, has just done a deal to go prospecting for the yellow metal in Victoria's East Gippsland region, where it is hoping to find another Bendigo or Ballarat goldfield in the southern extent of the prolific Lachlan Fold Belt.

First Au is eyeing eastern gold fields.

First Au is eyeing eastern gold fields.

It has done a deal with privately-run Victorian Goldfields, which includes veteran geologist Ian Neilson and First Au exploration manager Dr Gavin England as shareholders, for an 80% stake in VicGold....

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