DISCOVERY OF 1KM GOLD TREND AT BAMGANIE PROSPECT

Falcon Metals Announces Promising Results from First-Ever Drilling

Falcon Metals Limited (ASX: FAL)  reports that its maiden drilling program at the Bambanie Gold Prospect has verified a mineralized trend extending over 1km. Noteworthy results from the assay include 8m at 6.22g/t gold from 29m depth with a section containing 2m at an impressive 20.02g/t gold. Other significant finds are 25m at 0.29g/t gold and 13m at 0.42g/t gold, demonstrating additional mineralized zones beyond known workings.

The company also mentions planned aircore drilling to explore extensions for potential diamond drilling and regional reconnaissance aircore drilling in areas surrounding Cohuna, Pyramid Hill, and Maryborough. This exploratory phase involved 236 aircore holes over 15,886m, highlighting Falcon’s focus on gold exploration within the Pyramid Hill Project, alongside rare earth elements (REE) exploration. The remaining assay results from this comprehensive program are expected later this quarter.

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Goldman

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