Falcon Metals Ltd · ASX:FAL
Falcon Metals — Mines and Money Connect Melbourne (June 2023)
21 slides from Falcon Metals's conference presentation, Jun 14, 2023
Slide 1: Pursuing major gold discoveries in Victoria
For personal use only Gold panned from PHAC1030 – 51-52m Mines and Money Connect Melbourne Pursuing major gold discoveries in Victoria COMPANY PRESENTATION | JUNE 2023 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 An investment in the Company's securities is subject to known and unknown risks, many of which are beyond the background information only which is current at the d
Slide 3: Falcon Project Portfolio
Falcon Project Portfolio Pyramid Hill Gold Project, VIC For personal use only • The largest land position in the prospective Bendigo Zone • Major AC drilling program, >80,000m completed • Several priority prospects identified for follow up drilling Viking Gold Project, WA Mt Jackson Project • Earn-i
Slide 4: Corporate Overview
For personal use only Corporate Overview Top Shareholders Capital Structure and Financials 7.9% 7.1% 6.6% A$0.225 177M 13.6M Share Price Shares Options 2.0% (13 June 2023) on Issue 75.9% A$20.6M Nil A$40M Cash Debt Market Cap Tim Goyder (31 Mar 2023) (@ $0.225) Franklin Templeton The Goldman Sachs G
Slide 5: Directors & Management
For personal use only Directors & Management DR MARK TIM ALEX PRADEEP DOUG BENNETT MARKWELL DORSCH SUBRAMANIAM WINZAR Non-Executive Chairman Managing Director Non-Executive Director Chief Financial Officer Exploration Manager 30+ years’ experience in gold 25+ years’ experience in gold Managing Direc
Slide 6: Pyramid Hill Gold Project, VIC
For personal use only Project Pyramid Hill Gold Project, VIC New gold trends being discovered 20km from Bendigo The project areas occur on the 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 thei
Slide 7: The Opportunity
The Opportunity Underexplored world class, high- grade gold province beneath cover For personal use only • 60Moz gold produced since 1850’s from outcropping South Bendigo Zone, at an average grade of ~15g/t Au1 • 90% of mines had a recovered grade of >8.5g/t Au1 • 32Moz Au (P50 mid case) of undiscov
Slide 8: Wandoo Prospect
Wandoo Prospect High-grade zone developing • Located 20km west of 22Moz Bendigo goldfield For personal use only • Highest priority target from benchmarking of first pass regional drilling against other prospects at the same stage • Follow-up aircore drilling announced June 2023 shows 300m x 200m zon
Slide 9: Ironbark Prospect
Ironbark Prospect Ironbark – Multiple Diorites • Several analogous high-grade diorite-associated For personal use only gold deposits in Eastern Victoria (Walhalla-Woods Point Goldfields) including Cohen’s Reef (~1.5Moz @ 32g/t Au)1 • Five diorites now identified with primary mineralisation that exte
Slide 10: Ironbark East Diamond drill results
Ironbark Prospect Ironbark East For personal use only • Diamond drill results – 5 diamond holes at Ironbark East – 1 diamond hole under new diorite discovered 200m to the west – Results: – Several narrow high-grade zones intersected with grades up to 10.8g/t – Wide mineralised zone intersected in ho
Slide 11: New Zones Identified
New Zones Identified Regional program delivering new targets For personal use only • Two new anomalous zones identified in northern project area in very wide spaced regional aircore drilling • 280m spacing between holes • Highlights from Falcon’s first pass drilling include: • EL6669 • 5m @ 0.54g/t
Slide 12: Bendigo Permit Granted
Bendigo Permit Granted New permits granted surrounding world class goldfield For personal use only • Historical gold production of 22Moz from under Bendigo City • Surrounding exploration ground has been largely ignored and some areas never drilled • Bendigo permit EL7839 • 174km2 with populated area
Slide 13: Investment Highlights
Falcon Metals Investment Highlights For personal use only • Highly decorated team with a history of ‘company making’ discoveries (Julimar, Nova-Bollinger, Thunderbox, Waterloo) • >7,000km2 holding in one of the world’s most exciting high-grade gold regions • Major drilling program at Pyramid Hill –
Slide 14: Falcon Metals Limited Investor Relations
For personal use only Falcon Metals Limited Investor Relations Suite 6, Level 6, 350 Collins St, Melbourne VIC 3000 Victoria Humphries PO Box 106 Flinders Lane VIC 8009 T +61 3 8648 6684 T +61 3 8648 6684 E tmarkwell@falconmetals.com.au E victoria@nwrcommunications.com.au W falconmetals.com.au ASX :
Slide 15: Appendix A: Pyramid Hill Gold Project, VIC
For personal use only Appendix A Pyramid Hill Gold Project, VIC
Slide 16: The Opportunity: Fosterville – ultra high-grade
The Opportunity Fosterville – ultra high-grade For personal use only • Grade gradually increased with depth from 2012-2016 • Discovery of Swan Zone in 2017 led to massive grade increase with highlights including 8.8m @ 991g/t incl. 0.95m @ 9,115g/t1 • Reserve increased to 2.7Moz @ 31g/t2 in 2018 wit
Slide 17: Wandoo Prospect Cross-section
Wandoo Prospect Cross-section For personal use only 17 COMPANY PRESENTATION | June 2023
Slide 18: Appendix B: WA Projects
For personal use only Appendix B WA Projects Active work program for 2023 The project areas occur on the Ngadju and 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 emerging. 18 COMPANY PRES
Slide 19: Viking Project
Viking Project Advanced gold project near Norseman For personal use only • Located 30km ESE of Norseman within the high-grade metamorphic Albany-Fraser province • AngloGold discovery in 2011 – numerous shallow high-grade intercepts in oxide zone with limited follow-up1 • Falcon recently earned a 51%
Slide 20: Viking Project: New exploration target zone
Viking Project New exploration target zone to the northeast For personal use only • Shear zone to northeast of Beaker 2 - a new target zone • Previous exploration ineffective due to increased depth of cover • Likely to continue into Falcon 100% owned application (E63/1994) • Opens up potential 10km
Slide 21: Mt Jackson Project
Mt Jackson Project Untested greenstone with surface gold and pathfinder For personal use only geochemical response • 100% owned, underexplored northern end of the Southern Cross greenstone belt where it converges with the regional Koolyanobbing Shear Zone • Southern Cross Greenstone Belt has a long
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