Falcon Metals Says Drilling at Victoria Gold Project Indicates New Gold Target

MT Newswires Live

Apr 24, 2025

Falcon Metals (ASX:FAL) said assays from a recently completed air core drilling program at the Pyramid Hill gold project indicated a new regional-scale gold target, as it confirmed multiple parallel gold-bearing structures, according to a Thursday Australian bourse filing.

The most anomalous intercept at Loddon Vale target was 17 meters at 0.21 grams per tonne grade of gold from 147 meters. Meanwhile, follow-up drilling at the Ironbark prospect returned a best intercept of 6 meters at 2.4 g/t grade of gold from 88 meters.

It plans to conduct follow-up aircore drilling to focus on the large regional-scale structures at the Loddon Vale target, as well as on prospective new areas. It also plans to target high-grade mineralization areas with targeted diamond drilling programs.

Its shares rose 6% on market close on Thursday.

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Meanwhile, follow-up drilling at the Ironbark prospect returned a best intercept of 6 meters at 2.4 g/t grade of gold from 88 meters.</p><p>It plans to conduct follow-up aircore drilling to focus on the large regional-scale structures at the Loddon Vale target, as well as on prospective new areas. It also plans to target high-grade mineralization areas with targeted diamond drilling programs.</p><p>Its shares rose 6% on market close on Thursday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7104","symbol_name":"黄金","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2529647942","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529647942","pubTimestamp":1745476020,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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