Falcon Metals Ltd · ASX:FAL
Falcon Metals — Investor Presentation (February 2024)
24 slides from Falcon Metals's investor presentation, Feb 21, 2024
Slide 1: Pursuing major gold discoveries in Victoria
For personal use only Victoria Gold Mining & Gold panned from PHAC1030 – 51-52m Exploration Forum 2024 Pursuing major gold discoveries in Victoria COMPANY PRESENTATION COMPANY PRESENTATION | FEBRUARY | FEBRUARY 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 An investment in the Company's securities is subject to known and unknown risks, many of which are beyond the control of the C
Slide 3: Falcon Project Portfolio
Falcon Project Portfolio Pyramid Hill Gold Project, VIC • The largest land position in the prospective Bendigo Zone being For personal use only actively screened for the next major gold discovery • Major aircore drilling program underway • Several priority prospects identified for follow up drilling
Slide 4: Corporate Overview
Corporate Overview Top Shareholders Capital Structure and Financials For personal use only A$0.115 177M 17.4M Share Price Shares Options (19 February 2024) on Issue A$15.1M Nil A$20.4M Cash Debt Market Cap (31 Dec 2023) (@ $0.115) 4 COMPANY PRESENTATION | FEBRUARY 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 25+ years’ experie
Slide 6: Pyramid Hill Gold Project, VIC
Project Pyramid Hill For personal use only Gold Project, VIC New gold trends being discovered in Bendigo Zone 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 their
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 undiscove
Slide 8: The Opportunity: Screening undercover program well advanced
The Opportunity Screening undercover program well advanced For personal use only • Over 200,000m of aircore drilled at Pyramid Hill • Over 150km of strike length of prospective structures being targeted • Area to the west of Campbelltown Fault under basalt cover being drilled for first time • Simila
Slide 9: Wandoo Prospect
Wandoo Prospect High-grade zone developing • Located 20km west of 22Moz Bendigo goldfield • Primary quartz veins dipping to the west, open to the south For personal use only • Highlights from 2023 infill drilling include: – 8m @ 3.72g/t Au from 59m; including – 2m @ 11.43g/t Au from 59m; that includ
Slide 10: Ironbark Prospect
Ironbark Prospect Ironbark – Multiple Diorites • Several analogous high-grade diorite-associated gold deposits For personal use only 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 11: Ironbark East Diamond drill results
Ironbark Prospect Ironbark East Diamond drill results For personal use only • 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 hole
Slide 12: New Zones Identified
New Zones Identified Regional program delivering new targets Northern Project Area • Two new gold anomalous zones in Castlemaine Group Stratigraphy For personal use only identified in northern project area in wide spaced regional aircore drilling • EL6669 – 830m long anomalous zone identified • PHAC
Slide 13: New Zones Identified: Southern Most Line Drilled
New Zones Identified Regional program delivering new targets Southern Most Line Drilled For personal use only • Anomalous results returned from southern most line drilled, 30km SW of Bendigo in wide spaced regional drilling • Highlights from Falcon’s first pass drilling include: • 3m @ 0.59g/t Au fr
Slide 14: Bamganie Goldfield
Bamganie Goldfield Historical goldfield with scale potential First ever drilling at Bamganie located 35km southeast of Ballarat For personal use only • Historical goldfield mined in early 1900’s with 2.5km strike length of workings • Never previously drilled with only modern exploration an extensive
Slide 15: Bamganie Goldfield
Bamganie Goldfield Historical goldfield with scale potential For personal use only 15 COMPANY PRESENTATION | FEBRUARY 2024
Slide 16: Bendigo Permit Granted
Bendigo Permit Granted Permit 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 areas deliberatel
Slide 17: WA Projects
WA Projects Active work program for 2024 For personal use only 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. 17 COMPANY PRESENTATION |
Slide 18: Mt Jackson Project
Mt Jackson Project Untested greenstone with surface gold and pathfinder geochemical response 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 Zone • So
Slide 19: Mt Jackson Project: Drilling planned for Q2 2024
Mt Jackson Project Drilling planned for Q2 2024 • Soil sampling results completed in For personal use only 2023 defined anomalies for Au, and coincident Ni, Cu & PGM’s, coincident with interpreted mafic and/or ultramafic rocks • Due to encouraging results, project expanded with additional applicatio
Slide 20: Viking Project
Viking Project Advanced Gold & REE 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
Slide 21: Falcon Metals 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) • Actively screening >7,000km2 holding in one of the world’s most exciting high-grade gold regions for the next major disco
Slide 22: Falcon Metals Limited contact details
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
Slide 23: Appendix: Pyramid Hill Gold Project, VIC
Appendix Pyramid Hill For personal use only Gold Project, VIC 23 COMPANY PRESENTATION | FEBRUARY 2024
Slide 24: The Opportunity: Fosterville – ultra high-grade
The Opportunity Fosterville – ultra high-grade • Grade gradually increased with depth from 2012-2016 For personal use only • 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
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