Falcon Metals Ltd · ASX:FAL
Falcon Metals — Melbourne Mining Club Cutting Edge (May 2026)
15 slides from Falcon Metals's conference presentation, May 19, 2026
Slide 1: Once in a Blue Moon
MELBOURNE MINING CLUB CUTTING EDGE ONCE IN A BLUE MOON The first modern test of Bendigo’s northern extension COMPANY PRESENTATION COMPANY PRESENTATION | MAY| 2026 MAY 2026 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 No party other than the Company has authorised, permitted or caused the issue, submission, dispatch or provision of this prese
Slide 3: Unearthing Blue Moon
Unearthing Blue Moon World Class Gold Province • The Bendigo Zone is home to several world class gold deposits including: • Bendigo Goldfield (22 Moz @ ~15 g/t Au) famous for its high-grade reef style free-milling gold since its discovery in 1851; and • Fosterville Gold Mine with the Swan Zone (2.3
Slide 4: Corporate Overview
Corporate Overview Top Shareholders Capital Structure and Financials 8.9% 8.8% 7.1% A$0.55 213.7M 13.7M 5.4% Share Price Shares Options (18 May 2026) on Issue 5.2% 61.0% 3.5% Jupiter A$19.3M Nil A$117.5M Franklin Templeton Tim Goyder Macquarie Group Other Institutional Investors Board & Management U
Slide 5: Directors & Management
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’ experience in As Managing Dir
Slide 6: Blue Moon
Blue Moon Gold, VIC Northern Extension of Bendigo Goldfield Confirmed Blue Moon occurs on Dja Dja Wurrung land. Falcon acknowledges their ongoing connection to the land and pay our respect to them, their culture and their elders, past and present. 6 COMPANY PRESENTATION | MAY 2026
Slide 7: Why Bendigo?
Why Bendigo? World Class Deposit – produced >200koz pa for 65 years straight • One of the highest-grade major goldfields ever discovered • Total production – 22 Moz @ ~15g/t Au • High-grade is controlled by anticlinal structures • Continuous along strike • Reefs can go for kilometres Dumble Reef, 20
Slide 8: Blue Moon – The Right Location
Blue Moon The Right Location • Bendigo Goldfield trends north • Falcon controls the down-plunge northern continuation: • 6km of strike extent to test • 3D reconstruction of underground workings shows historical mining of high-grade reefs stopped just short of Falcon tenure • Initial focus on the Gar
Slide 9: Blue Moon – Diamond Drilling
Blue Moon – Diamond Drilling Confirmation Bendigo extends onto Blue Moon Permit Observations from Bendigo, Ballarat and Fosterville suggested there was a strong plunge component to the high-grade mineralisation in Central Victoria 9 COMPANY PRESENTATION | MAY 2026
Slide 10: Northern Extension of Bendigo Goldfield Confirmed
Northern Extension of Bendigo Goldfield Confirmed Extended 600m along strike 10 COMPANY PRESENTATION | MAY 2026
Slide 11: 3D Fly Through
3D Fly Through Click here to view the Blue Moon fly-through 11 COMPANY PRESENTATION | MAY 2026
Slide 12: Multiple Target Zones
Multiple Target Zones Lotus Zone - Visible Gold on three sections tested BMDD001W1 – visible gold at 544.6m BMDD001W1 – visible gold at BMDD003 – visible gold at 607.6m in intercept 1.2m @ 543g/t Au from 544.9m in intercept 1.2m @ in intercept 2.75m @ 41.9g/t Au 544.2m¹ 543g/t Au from 544.2m from 60
Slide 13: Drilling Ramping up
Drilling Ramping up This Is Now a Scale Play • Bendigo-style mineralisation extended ~600m along strike so far: • Multiple stacked zones identified • Upside potential - system remains open: • 6km to the north • At depth • Multiple parallel reefs to be tested • Drilling momentum: • 200m step-out dril
Slide 14: Falcon Metals Investment Highlights
Falcon Metals Investment Highlights 1• Highly decorated team with a history of ‘company making’ discoveries (Julimar, Nova-Bollinger, Thunderbox, Waterloo) 2• High-grade visible gold confirms continuation of Bendigo Goldfield onto Falcon tenure, with wedge intersections incl. 1.2m @ 543g/t Au, 6.5m
Slide 15: Falcon Metals Limited Investor Relations
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
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