FINWIRES · TerminalLIVE
FINWIRES

ASX:FAL

5 stories mentioning ASX:FALUpdated 14d ago

Every FINWIRES story that references ASX:FAL, newest first.

Asia

Falcon Metals Receives Regulatory Approvals for Maiden Drilling at Olsen Well Gold Target in Western Australia

Falcon Metals (ASX:FAL) received all regulatory approvals for the maiden drill program at Olsen Well, a craton-margin gold target within its Errabiddy gold project in Western Australia, according to a Monday Australian bourse filing.The company said the program will mark the first-ever drill testing of Olsen Well, where Falcon can earn a 70% interest in Exploration License E09/2457, excluding graphite rights, from West Coast Silver (ASX:WCE).

ASX:FALASX:WCE
Asia

Falcon Metals Reports Drop in Cash Balance at End of June Quarter

Falcon Metals (ASX:FAL) reported a cash balance of AU$15.4 million as of the end of June after spending AU$4.1 million on operating activities during the quarter, according to a Tuesday filing with the Australian bourse.The company previously reported a cash balance of AU$19.3 million at the close of the March quarter.Falcon Metals said drilling is continuing at its Blue Moon gold project, but assay turnaround times in Victoria remain under pressure, and the next assay results for the project are expected in one to two weeks.Meanwhile, a reverse circulation drilling program at the company's Errabiddy gold project in Western Australia is expected to start in the second half of this year.Falcon Metals shares fell past 2% in recent Tuesday trade.

ASX:FAL
Asia

Falcon Metals Intersects Consistent Mineralization at Victoria Gold Project Zone

Falcon Metals (ASX:FAL) received assays for diamond drilling holes, with all associated wedge holes on these sections, at its Blue Moon gold project in Victoria, intersecting consistent mineralization in the shallow Morning Glory zone, according to a Tuesday Australian bourse filing.It hit intercepts in the Morning Glory zone of 0.9 meters at 6.5 grams per tonne grade of gold from 42.5 meters and 0.6 meters at 9.7 g/t grade of gold from 52 meters.Trace visible gold was intersected in the northern step-out hole at the Lotus Zone, which has the potential to more than double strike extent to 600 meters.Its shares rose 1% in recent trading on Tuesday.

ASX:FAL
Asia

Falcon Metals Says Third Diamond Drill Rig Operating at Victoria Gold Project

Falcon Metals (ASX:FAL) said a third diamond drill rig started drilling at Blue Moon gold project in Victoria, targeting the northern extension of the New Chum line of reef, according to a Tuesday Australian bourse filing.This drill hole will provide a platform for future wedge holes to target the intersection of key stratigraphic units and potentially mineralized structures.The company's shares fell 1% in recent trading on Tuesday.

ASX:FAL
Asia

Falcon Metals Says Drilling Intersects Three High-Grade Zones at Victoria Gold Project

Falcon Metals (ASX:FAL) continued step-out diamond drilling at the Blue Moon gold project in Victoria, and drilling to date intersected three stacked high-grade zones at the project, with a gentle northerly plunge, according to a Friday Australian bourse filing.A third diamond drill rig is scheduled to start drilling at the project in the first week of May.It was also granted the EL008806 and EL008811 permits, with EL008811 providing an additional 1.5 kilometers of strike length over the interpreted extensions of the Bendigo Goldfield, while EL008806 covers the southern extension of the Break O Day fault on the western margin of the Bendigo Goldfield.Its shares fell 1% in recent trading on Friday.

ASX:FAL

Track with the FINWIRES app suite

FolioX
FolioX
Track ASX:FAL in your portfolio
WheelAI
WheelAI
Analyze ASX:FAL options with the wheel strategy
StockInsider
StockInsider
See market sentiment on ASX:FAL