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Falcon Metals Ltd (ASX:FAL)

ALERT: Price-sensitive ASX Announcement for FAL
Current share price for FAL : $0.450 -0.18 (-28.57%)+
Announcement
Release
2 Dec 2025 9:08AM
Price at Release
$0.630
Full Release
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Summary
Falcon Metals Ltd, trading as ASX: FAL, announced significant findings from their Blue Moon project. The company reported the intersection of a wide zone of mineralised quartz during their drilling operations, specifically from wedge holes BMDD001W5, BMDD001W6, and BMDD001W7. A notable result from BMDD001W6 includes a 6.5-meter section at 33.0g/t gold from 832 meters depth, highlighting narrower high-grade zones of 0.4 meters at 325g/t gold and 0.5 meters at 158g/t gold. Additionally, BMDD001W7 discovered a 30-meter interval of mineralised quartz, marking the widest zone encountered at Blue Moon to date. The findings indicate potential for significant quartz reefs, prompting ongoing drilling initiatives to explore further extensions and better understand the geological structure.
Key Points
  • Final assay results received for wedge holes BMDD001W5, BMDD001W6, and BMDD001W7.
  • BMDD001W6 yielded 6.5m @ 33.0g/t Au from 832 meters, including 0.4m @ 325g/t Au.
  • BMDD001W7 intersected a 30m downhole interval of mineralised quartz from 820.4m.
  • The wide mineralised zone suggests significant quartz reefs at Blue Moon.
  • Ongoing drilling with both diamond drill rigs targeting strike extension of mineralised zones.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.