Falcon Metals Ltd (AU:FAL) has released an update.
Falcon Metals Ltd has made significant progress in its mining projects, with a notable discovery of high-grade primary gold at their Pyramid Hill Project, alongside promising mineral sands results at the Farrelly Prospect. The company completed 16,300 meters of aircore drilling during the quarter and remains financially robust with $13.7 million in cash reserves. Exploration efforts and drilling programs are set to continue in the upcoming months, indicating an active phase for Falcon Metals.
For further insights into AU:FAL stock, check out TipRanks’ Stock Analysis page.
