Falcon Metals Ltd · ASX:FAL
Falcon Metals — Melbourne Mining Club Cutting Edge Series (July 2022)
16 slides from Falcon Metals's conference presentation, Jul 19, 2022
Slide 1: Pursuing the next major Victorian gold discovery
For personal use only Melbourne Mining Club Cutting Edge Series Gold panned from PHAC1030 – 51-52m Pursuing the next major Victorian gold discovery JULY 2022 ASX : FAL
Slide 2: Important Notice and Disclaimers
Important Notice and Disclaimers This presentation has been prepared by Falcon Metals Ltd ACN 651 893 097 (Company). It contains general background information only which is current at the date of this presentation unless otherwise specified. It contains selected summary information and does not pur
Slide 3: Falcon Project Portfolio
For personal use only Falcon Project Portfolio Mt Jackson Project Pyramid Hill Gold Project, VIC • The largest land position in the prospective Bendigo Zone • High-grade aircore results from Ironbark East • Major AC drill program to commence later this year Viking Gold Project, WA • Earn-in to 70% p
Slide 4: Corporate Overview
For personal use only Corporate Overview Top Shareholders Capital Structure and Financials Tim Goyder Franklin 7.9% Templeton 7.1% A$0.24 177M 11.7M Share Price Shares on Issue Options The Goldman Sachs Group (15 July 2022) 7.1% Board 2.0% A$26.4M Nil A$42.5M Cash Debt Market Cap Other (31 March 202
Slide 5: Pyramid Hill Project
Pyramid Hill Project For personal use only High-grades returned from first drill program
Slide 6: The Opportunity
The Opportunity For personal use only Underexplored world class, high-grade gold province beneath cover • 60Moz gold produced since 1850’s from outcropping South Bendigo Zone, at an average grade of ~15g/ Au1 • 90% of mines had a recovered grade of >8.5g/t Au1 • 32Moz Au (P50 mid case) of undiscover
Slide 7: Ironbark Prospect
Ironbark Prospect For personal use only High-grade results from first drill program • Previous work indicated gold potential on contact between Castlemaine Group Sediments and intrusive diorites • Several analogous high-grade diorite-associated gold deposits in Eastern Victoria (Walhalla-Woods Point
Slide 8: Ironbark Prospect: Ironbark East Cross Section
Ironbark Prospect For personal use only Ironbark East Cross Section • Ironbark East aircore hole PHAC1030 returned: o 40m @ 2.8/t Au from 50m1; including ▪ 26m @ 4.2 g/t Au from 51m; that includes • 2m @ 15.4g/t Au from 51m, • 1m @ 17.1g/t Au from 62m, • 1m @ 10.1g/t Au from 70m and • 1m @ 12.0g/t A
Slide 9: Karri Prospect
Karri Prospect For personal use only Large scale prospect with significant primary gold zones intersected over 3.5km of strike • Diamond and AC drilling has identified multiple primary gold zones over 4km of strike • Gold mineralisation coincidental with strongly elevated arsenic anomalism and remai
Slide 10: Wandoo – high priority target for aircore drilling
Wandoo – high priority target for aircore drilling For personal use only Comparison of first pass aircore results • KARRI – Jan 2019 • 20 holes drilled • 3 holes >25ppb • 1 hole > 100ppb • WANDOO – Jan 2021 • 24 holes drilled • 15 holes >25ppb • 8 holes >100ppb 10
Slide 11: New Targets Being Generated Along Strike
New Targets Being Generated Along Strike For personal use only Catalyst Metals exploring north of main Falcon tenement position • Announced 3m @ 18.25g/t Au from 105m in AC announced by Catalyst Metals1 • Within 500m of FAL tenement EL6864 that is planned for drilling later this year. • FAL ground c
Slide 12: Next Steps – Targeted Drilling & Pipeline Generation
Next Steps – Targeted Drilling & Pipeline Generation For personal use only Exploration focused on finding major deposits • Infill drilling – Ironbark, Karri, Wandoo and Banksia • Regional Exploration - Two-pronged regional exploration plan developed for areas within the Bendigo Zone: o Castlemaine G
Slide 13: WA Projects
WA Projects For personal use only RC / AC Drilling planned 2022
Slide 14: Viking Project
Viking Project For personal use only Aeromagnetics RC drilling planned to test below several significant oxide gold intersections1 Perth Viking Beaker 4 Beaker 3 • Located 30km ESE of Norseman within the high- 7m @ 3.8g/t grade metamorphic Albany-Fraser province 4.4m @ 6.6g/t Section 6421000 N 6.0m
Slide 15: Viking Project: Beaker Prospect
Viking Project For personal use only Beaker 2 Prospect – RC drilling to Viking Project test high-grade results is a priority Beaker 2 Prospect – Cross Section (6,420,080mN +/- 25m) • Significant high-grade supergene West East gold mineralisation at the Beaker 2 3m @ 15.3g/t f. 28m 3m @ 1.6g/t f. 23m
Slide 16: Falcon Metals Limited
For personal use only Falcon Metals Limited ASX: FAL T: +61 3 8648 6684 Investor Relations Suite 6, Level 6, 350 Collins St, Melbourne VIC 3000 E: tmarkwell@falconmetals.com.au Victoria Humphries PO Box 106 Flinders Lane VIC 8009 www.falconmetals.com.au E: victoria@nwrcommunications.com.au
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