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Falcon Metals : Investor Presentation – 2025 Annual General Meeting
Falcon Metals : Investor Presentation – 2025 Annual General

About this update from Falcon Metals Ltd
AGM Presentation ONCE IN A BLUE MOON High-grade gold in Bendigo COMPANY PRESENTATION | OCTOBER 2025 ASX : FAL COMPANY PRESENTATION | OCTOBER 2025 ASX : FAL Pyramid Hill Gold Project, VIC Falcon Project Portfolio Errabiddy Gold Project, WA Hawkstone Project JV Earn-in to 70% plus 100% owned tenure Errabiddy Project JV Cratonic margin gold project in similar structural setting to the 5.4Moz 1 Tropicana Gold Mine Includes Olsen Well Gold Target, a 5.8km-long untested soil anomaly Farrelly Mineral Sands Project, VIC High-grade mineral sands discovery at the Farrelly deposit Positive results from first pass metallurgical test work Strategic land holding in the Murray Basin Mineral Sands Province 1 https://www.anglogoldashanti.com/ PERTH Pyramid Hill Gold Project Blue Moon Gold Project MELBOURNE Farrelly Mineral Sands Project Largest land position in the prospective Bendigo Zone Gold Province Regional scale gold targets emerging Blue Moon Gold Project, VIC Northern down-plunge extension of the 22Moz Bendigo Goldfield High-grade Bendigo-style stacked zones confirmed Open 6 km to the north with multiple lines extending onto Falcon tenure, seven new drill pads approved with two rigs actively drilling COMPANY PRESENTATION | OCTOBER 2025 Corporate Overview Top Shareholders 9.0% Capital Structure and Financials 8.3% 16.3M Options 212.6M Shares on Issue A$0.645 Share Price (28 Oct 2025) 7.8% 61.3% 11.0% 2.6% A$24.6M Unaudited Cash (30 Sep 2025) Nil Debt A$137.1M Market Cap (@ $0.645) TOP 20 OWN ~42% COMPANY PRESENTATION | OCTOBER 2025 Directors & Management DR MARK BENNETT Non-Executive Chair TIM MARKWELL Managing Director ALEX DORSCH Non-Executive Director KATINA LAW Non-Executive Director PRADEEP SUBRAMANIAM Chief Financial Officer DOUG WINZAR Exploration Manager 30+ years' experience in gold and base metal exploration Founding Managing Director of Sirius Resources, discovered Nova-Bollinger Currently the Executive Chairman of S2 Resources (S2R.ASX) 30+ years' experience in gold and base metal exploration with expertise in geology, fund management, and mining Held the role of Investment Manager of the African Lion funds at Lion Selection Group (LSX.ASX) for 14 years As Managing Director when Chalice (CHN.ASX) made the Gonneville discovery, has led the company through an exceptional and transformational growth period Diverse experience in the resources sector in a variety of management, advisory, and consultancy roles 30+ years in the mining industry, including board roles with ASX-listed explorers Served as Chair of Finance and Audit committees and has a strong commitment to corporate governance Currently NED at Yandal Resources (YRL.ASX) Chartered accountant with broad financial and commercial experience across the mining, resources, and professional services sectors Expertise spans treasury management, corporate governance, and technical project oversight 25+ years' experience in gold, base metal and diamond exploration Held the role of Exploration Project Manager for IGO in the Kimberley Region and NT 5 COMPANY PRESENTATION | OCTOBER 2025 Northern Extension of Bendigo Goldfield Confirmed Blue Moon Gold, VIC 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, present and emerging. 6 COMPANY PRESENTATION | OCTOBER 2025 Unearthing Blue Moon The Bendigo Zone is home to two world class gold deposits: Bendigo Goldfield ( 22 Moz @ ~15g/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 Moz @ 49.6g/t Au 1 ), owned by Agnico Eagle (NYSE: AEM) Falcon is targeting the down plunge northern extension of the Bendigo Goldfield, initially on the Garden Gully Line (~5.2Moz @ 15g/t Au 2,3 ) Drilling highlights: 1.2m @ 543g/t Au, 6.5m @ 33g/t Au and 0.3m @ 185g/t Au, all with visible gold Shows the untapped potential of the Bendigo Goldfield as it continues northwards through Falcon's ground Multiple lines of reef to target Seven new drill pads approved, second rig now drilling EL007839 1 Kirkland Lake Gold MD&A 31 Dec 2017, Press Release 11 Dec 2018, Press Release 21 Feb 2019 2 November 2022. Catalyst Metals Ltd, AGM Presentation slide.13 3 November 2003 Fraser et al, The Role of Historical Research in the Development of the 'New Bendigo' Gold Project, Central Victoria 7 COMPANY PRESENTATION | OCTOBER 2025 Blue Moon EL007839 surrounds the world class Bendigo goldfield (22 Moz @ ~15 g/t Au) Review of all historical data, with 3D reconstruction of the historical Bendigo workings, confirmed no previous modern exploration on the northern extension of the goldfield onto Falcon's tenure Focus on Blue Moon, located directly along strike and down plunge from the Garden Gully anticline trend (line of reefs): The most productive in the goldfield (~5.2Moz @ 15g/t Au 1,2 ) Historical shafts closest to Falcon tenement boundary provided detailed information to target the Garden Gully anticline with the first drill hole Falcon's drilling is the first ever into this conceptual target, designed to test the eastern limb of the anticline down plunge from historical production 1 November 2022. Catalyst Metals Ltd, AGM Presentation slide.13 2 November 2003 Fraser et al, The Role of Historical Research in the Development of the 'New Bendigo' Gold Project, Central Victoria 8 COMPANY PRESENTATION | OCTOBER 2025 Blue Moon - Diamond Drilling Observations from Bendigo, Ballarat and Fosterville suggest that there is a strong plunge component to the high-grade mineralisation in Central Victoria 9 COMPANY PRESENTATION | OCTOBER 2025 Northern Extension of Bendigo Goldfield Confirmed Multiple Target Zones 10 COMPANY PRESENTATION | OCTOBER 2025 Attention : This is an excerpt of the original content. To continue reading it, access the original document here .