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Falcon Metals Ltd (ASX:FAL)

ALERT: Price-sensitive ASX Announcement for FAL
Current share price for FAL : $0.370 -0.125 (-25.25%)+
Announcement
Release
18 Dec 2025 8:32AM
Price at Release
$0.495
Full Release
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Summary
Falcon Metals Limited has announced significant results from its Blue Moon Project, located north of the historical Bendigo Goldfield. The company reported a notable intersection in hole BMDD003, which revealed 2.75 meters of gold grading at 41.9g/t, with a high-grade interval of 0.5 meters at 222g/t gold, indicating the presence of visible gold-bearing quartz veins. This occurrence is located 200 meters north along the strike from a previous high-grade intersection, suggesting continuity of the mineralized zone. Falcon's drilling program is ongoing, aiming to further explore the zone's potential extension to the north.
Key Points
  • Falcon Metals Limited reported new drilling results from the Blue Moon Project.
  • Hole BMDD003 intersected 2.75 meters at 41.9g/t Au, including 0.5 meters at 222g/t Au.
  • This intersection confirms a continuation of the high-grade zone from BMDD001W1.
  • The results support the extension of the mineralized zone along the strike to the north.
  • Drilling continues to explore further north with ongoing assays and deeper targets.
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.