Falcon Metals Says Drilling at Victoria Project Intersects Visible Gold; Shares Down 3%

MT Newswires Live

8 hours ago

Falcon Metals (ASX:FAL) said that a wedge hole at its Blue Moon gold project in Victoria encountered an intersection associated with finely disseminated visible gold in a quartz vein, around 80 meters north along strike from a previous high-grade result, according to a Monday Australian bourse filing.

The company intersected 0.8 meters at 86.2 grams per tonne (g/t) grade of gold from 635 meters in downhole width at the Lotus target zone, the filing said. It also intersected 3 meters at 6.5 g/t grade of gold from 837.1 meters in the Dahlia zone.

The company is continuing drilling of additional step-out wedge holes, targeting the Lotus and Dahlia zones.

Falcon Metals' shares fell nearly 3% in recent trading on Monday.

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It also intersected 3 meters at 6.5 g/t grade of gold from 837.1 meters in the Dahlia zone.</p><p>The company is continuing drilling of additional step-out wedge holes, targeting the Lotus and Dahlia zones.</p><p>Falcon Metals' shares fell nearly 3% in recent trading on Monday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4095","symbol_name":"家庭装饰品","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2611084861","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2611084861","pubTimestamp":1771215147,"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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It also intersected 3 meters at 6.5 g/t grade of gold from 837.1 meters in the Dahlia zone.The company is continuing drilling of additional step-out wedge holes, targeting the Lotus and Dahlia zones.Falcon Metals' shares fell nearly 3% in recent trading on Monday.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}