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Falcon Metals : Investor Presentation – Bell Potter Unearthed
Falcon Metals : Investor Presentation – Bell Potter

About this update from Falcon Metals Ltd
BELL POTTER UNEARTHED 2026 ONCE IN A BLUE MOON High-grade gold in Bendigo COMPANY PRESENTATION | FEBRUARY 2026 ASX : FAL COMPANY PRESENTATION | FEBRUARY 2026 ASX : FAL Unearthing Blue Moon The Bendigo Zone is home to two world class gold deposits: 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 Moz @ 49.6 g/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 ) Highlights from drilling include: 1.2m @ 543 g/t Au 6.5m @ 33 g/t Au 3.4m @ 16.9 g/t Au 0.3m @ 185 g/t Au 2.75m @ 41.9 g/t Au Confirmation Bendigo Goldfield continues north into Falcon's ground, with multiple lines of reef to target Seven new drill pads approved, two diamonds rigs drilling 24/7 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 3 COMPANY PRESENTATION | FEBRUARY 2026 Corporate Overview Top Shareholders 9.0% Capital Structure and Financials 8.9% 20.8M Options 212.6M Shares on Issue A$0.77 Share Price (5 Feb 2026) 8.1% 60.2% 10.8% 3.0% A$22.4M Unaudited Cash (31 Dec 2025) Nil Debt A$163.7M Market Cap (@ $0.685) TOP 20 OWN ~46% 4 COMPANY PRESENTATION | FEBRUARY 2026 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 | FEBRUARY 2026 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 and present. 6 COMPANY PRESENTATION | FEBRUARY 2026 Blue Moon EL007839 surrounds the world class Bendigo Goldfield (22 Moz @ ~15 g/t Au) Review of all 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 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 Falcon's drilling is the first ever into this 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 7 COMPANY PRESENTATION | FEBRUARY 2026 Blue Moon - Diamond Drilling Observations from Bendigo, Ballarat and Fosterville suggested there was a strong plunge component to the high-grade mineralisation in Central Victoria 8 COMPANY PRESENTATION | FEBRUARY 2026 Northern Extension of Bendigo Goldfield Confirmed Extended 200m along strike 9 COMPANY PRESENTATION | FEBRUARY 2026 Wide Zone of Mineralised Quartz First Section 10 COMPANY PRESENTATION | FEBRUARY 2026 Zoom in on First Section 200m Step-out Section Attention : This is an excerpt of the original content. To continue reading it, access the original document here .