Australia's First AU rises on commencement of drilling at gold mine

First Au

07/10/2026 01:45

** Shares of Australia's First AU FAU.AX rise as much as 12.5% to A$0.180, hitting their highest level since September 24
** Stock logs its biggest intraday pct gain since September 30
** Co commences drilling at its First Hit gold mine, located within its Riveria East gold project in Western Australia         
** Stock up over 20% this year, including the day's move

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com))