First Au Limited (ASX: FAU) has received confirmation that South Australian Department of Energy and Mining of Exploration Licenses EL6619, EL6620, and EL6627 have been transferred to Talisman Mining Limited (ASX: TLM).
Talisman has paid the remaining A$100,000 cash consideration and issued 580,852 shares with respect to the sale of the Mabel Creek project, in accordance with the terms of the sale agreement announced 30 January 2023.
First Au Limited is an advanced gold and base metals exploration company listed on the Australian Securities Exchange and is trading on the OTC market in the USA (OTC: FRSAF) and is pursuing exploration programmes at its wholly-owned Gimlet Gold project near Kalgoorlie and Victorian Goldfields Project in East Gippsland.
Talisman Mining Limited is an Australian mineral development and exploration company that aims to maximize shareholder value through exploration, discovery, and development of complementary opportunities in base and precious metals. Talisman has secured tenements in the Cobar/Mineral Hill region in Central NSW through the grant of its own Exploration Licenses and through a joint venture agreement.
For further information, please visit: www.talismanmining.com.au
