Falcon Metals Ltd · ASX:FAL
Falcon Metals — IMARC Sydney 2024
19 slides from Falcon Metals's conference presentation, Oct 29, 2024
Slide 1: Pursuing Major Discoveries
For personal use only IMARC Sydney Pursuing Major Discoveries COMPANY PRESENTATION COMPANY PRESENTATION | OCTOBER | OCTOBER 2024 2024 ASX : FAL 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 The distribution of this presentation to persons or in jurisdictions outside Australia may be restricted by law and current at
Slide 3: Falcon Project Portfolio
Falcon Project Portfolio Pyramid Hill Project, VIC Hawkstone Project JV • Largest land position in the prospective Bendigo Zone and Murray Basin Mineral Sands Province For personal use only • High-grade mineral sands discovery at the Farrelly Deposit • Major gold aircore drilling program generating
Slide 4: Corporate Overview
Corporate Overview Top Shareholders Capital Structure and Financials For personal use only 8.2% 7.1% 6.1% A$0.17 177M 18.5M Share Price Shares Options 2.4% (24 Oct 2024) on Issue 76.2% A$10.9M Nil A$30.1M Cash Debt Market Cap (30 Sep 2024) (@ $0.17) 4 COMPANY PRESENTATION | OCTOBER 2024
Slide 5: Directors & Management
For personal use only Directors & Management DR MARK TIM ALEX KATINA PRADEEP DOUG BENNETT MARKWELL DORSCH LAW SUBRAMANIAM WINZAR Non-Executive Chair Managing Director Non-Executive Director Non-Executive Director Chief Financial Officer Exploration Manager 30+ years’ experience in 30+ years’ experie
Slide 6: Farrelly Deposit
Farrelly Deposit For personal use only Mineral Sands, VIC High-grade mineral sands discovery The project areas occur on Dja Dja Wurrung land. Falcon acknowledge their ongoing connection to the land and pay our respect to them, their culture and their elders, past, present and emerging. 6 COMPANY PRE
Slide 7: Mineral Sands – Introduction
Mineral Sands – Introduction Zircon Titanium Minerals Monazite A Zirconium silicate mineral Titanium oxides including Phosphate mineral What are they? Ilmenite, Rutile and with high Rare Earth Leucoxene Element (REE) content For personal use only Other Other What are they Zr used for? TiO2 REE Sourc
Slide 8: High-grade Mineral Sands discovery
High-grade Mineral Sands discovery Underexplored world class minerals province • Victoria’s Murray Basin hosts several major mineral sands projects with associated Critical Minerals including Rare Earth Elements (REE) at For personal use only advanced stages of development • Several of these are adj
Slide 9: Farrelly Mineral Sands Deposit
Farrelly Mineral Sands Deposit Shallow high-grade discovery • Of 91 holes announced in May 2024: • 33 holes contained intersections >10% THM For personal use only • 11 holes contained intersections >20% THM • Thick continuous zone of high-grade mineralisation defined over 1,200 x 600m • Open in seve
Slide 10: Farrelly Mineral Sands Deposit
Farrelly Mineral Sands Deposit Shallow high-grade discovery • PHAC2062 26m @ 8.9% THM from 6m; including 5m @ 12.9% THM from 13m • PHAC2073 22m @ 9.2% THM from 8m, including For personal use only 12m @ 15.1% THM from 16m; that also includes 3m @ 20.3% THM from 21m • PHAC2064 20m @ 9.0% THM from 10m;
Slide 11: Farrelly Deposit – Cross section
Farrelly Mineral Sands Deposit Farrelly Deposit – Cross section For personal use only 11 COMPANY PRESENTATION | OCTOBER 2024
Slide 12: Positive Sighter tests
Farrelly Mineral Sands Deposit Positive Sighter tests • Preliminary metallurgical assessment completed on ~65kg bulk sample August 2024 grading ~12.2% THM: For personal use only • Heavy mineral concentrate (HMC) produced from conventional processing methods • High recoveries of zircon, ilmenite, rut
Slide 13: Are there more Farrelly's?
Farrelly Mineral Sands Deposit Are there more Farrelly’s? • Priority to extend Farrelly Main Zone (blue polygon) For personal use only • Review of broader tenement area highlighted several areas (red polygons) with limited effective historical drilling • Targets on the southern edge of the Murray Ba
Slide 14: Pyramid Hill Project
Pyramid Hill Project For personal use only Gold, VIC Multiple mineralised zones being discovered The project areas occur on Dja Dja Wurrung, Taungurung and Yorta Yorta land. Falcon acknowledge their ongoing connection to the land and pay our respect to them, their culture and their elders, past, pre
Slide 15: The Opportunity
The Opportunity Screening undercover program well advanced • Over 200,000m of aircore drilled at Pyramid Hill For personal use only • Over 150km of strike length of prospective structures being targeted • Regional screening continues to generate multiple gold targets for follow up drilling with high
Slide 16: Mt Jackson Project
Mt Jackson Project For personal use only Gold and Base Metals, WA Gold and base metals targets to be drilled The project area occurs on Marlinyu Ghoorlie land. Falcon acknowledge their ongoing connection to the land and pay our respect to them, their culture and their elders, past, present and emerg
Slide 17: Mt Jackson Project
Mt Jackson Project Maiden drilling on untested greenstone with surface gold and base metals anomalies For personal use only • Located 110km north of Southern Cross • 100% owned, underexplored northern end of the Southern Cross greenstone belt where it converges with the regional Koolyanobbing Shear
Slide 18: Investment Highlights
Falcon Metals Investment Highlights • Highly decorated team with a history of ‘company making’ For personal use only discoveries (Julimar, Nova-Bollinger, Thunderbox, Waterloo) • High-grade Mineral Sands discovery at the Farrelly Deposit • Largest land position in the prospective Bendigo Zone and Mu
Slide 19: Falcon Metals Limited Investor Relations
For personal use only Falcon Metals Limited Investor Relations Suite 6, Level 6, 350 Collins St, Melbourne VIC 3000 Ben Creagh PO Box 106 Flinders Lane VIC 8009 E benc@nwrcommunications.com.au T +61 3 8648 6684 E tmarkwell@falconmetals.com.au ASX : FAL W falconmetals.com.au