Announcement Date: 2024-03-04
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Falcon Metals Ltd.
Project name: Pyramid Hill
Location: Australia
Commodities: Heavy Minerals
Highlight: Drilling results incl. 17m at 9.8% HM from 12m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Falcon Metals Limited (ASX: FAL) (“Falcon” or “the Company”) advises that it has received results for select samples from a 77-hole aircore program at its Pyramid Hill Project in Victoria (see Figure 1), focused on assessing two permits for mineral sands and associated REE. Although the permits drilled were initially explored for gold, Falcon recognised the potential for mineral sands mineralisation after completing a review of historical work on areas where the Murray Basin cover is considered prospective for mineral sands.
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