Falcon Metals Ltd (AU:FAL) has released an update.
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Falcon Metals Ltd has revealed significant findings from their recent exploration activities, including a high-grade mineral sands discovery at the Farrelly Prospect, which remains open for further expansion. The company has also completed extensive drilling at the Pyramid Hill Gold Project and identified promising conductors for nickel-copper sulphide mineralisation at the Mt Jackson Project. With $11.8 million in cash, Falcon Metals is well positioned to continue its exploration efforts into the next quarter.
For further insights into AU:FAL stock, check out TipRanks’ Stock Analysis page.