Falcon Metals Limited: Activity Report for the June Quarter

Confirmed as a high-grade discovery, the Farrelly Mineral Sands Project (ASX: FAL) features a dense zone of mineralization spanning 1200m x 600m. Drilling needs to continue in high-grade zones up to 5 km distant. The metals test work results are anticipated in Q3 2024, and follow-up drilling is scheduled for Q4 2024.
Pyramid Hill Gold Project (VIC): 403 air core holes totaling 39,850 meters were completed, yielding additional targets for Q4 2024 follow-up drilling. EM survey for the Mt. Jackson Project (WA) found several conductors for the mineralization of nickel-copper sulphide. Following a heritage study, follow-up drilling is scheduled for Q4 2024.Robust Financial Situation: AU$11.8 million in cash after the quarter.

 

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