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Falcon Metals Ltd ( (AU:FAL) ) just unveiled an announcement.
Falcon Metals Limited has announced the completion of its third wedge hole at the Blue Moon project, revealing significant high-grade gold intersections. The results from wedge holes BMDD001W2 and BMDD001W3 have confirmed the presence of multiple zones of mineralization, including visible gold, which supports the continuation of historically mined gold reefs into Falcon’s tenure. The company has secured a second diamond drill rig to further explore the high-grade gold along the strike, with mobilization expected in October 2025. This development is likely to enhance Falcon’s exploration capabilities and strengthen its position in the gold mining sector.
More about Falcon Metals Ltd
Falcon Metals Limited is a company operating in the mining industry, primarily focused on gold exploration and development. The company is actively engaged in exploring high-grade gold deposits, with a particular focus on the Blue Moon project, which is part of the historically rich Bendigo Goldfield region.
Average Trading Volume: 1,713,148
Technical Sentiment Signal: Buy
Find detailed analytics on FAL stock on TipRanks’ Stock Analysis page.