Falcon Metals Reports Continued Growth at Blue Moon Gold Project
Falcon Metals Limited (ASX: FAL) has reported further encouraging results from exploration at its Blue Moon Gold Project in Victoria, highlighting the expanding scale of the mineralised system. Drilling has now traced gold-bearing structures across more than 750 metres of strike, while the emergence of the Magnolia Zone represents the fifth identified gold-bearing structure at the project. The Jasmine Zone has delivered several high-grade intersections, including 2.7 metres at 22.2 grams per tonne gold and 0.3 metres at 69.4 grams per tonne gold. The newly recognised Magnolia Zone has also returned a notable 0.4-metre intersection grading 7.5 grams per tonne gold. Falcon continues to advance exploration with three diamond rigs operating around the clock, targeting extensions of the northern Bendigo Goldfield. With additional drilling planned across multiple reef lines and AU$15.4 million in cash, the company remains well positioned to continue testing the significant exploration potential of Blue Moon.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Falcon Metals Reports Continued Growth at Blue Moon Gold Project
Falcon Metals Limited (ASX: FAL) has reported further encouraging results from exploration at its Blue Moon Gold Project in Victoria, highlighting the expanding scale of the mineralised system. Drilling has now traced gold-bearing structures across more than 750 metres of strike, while the emergence of the Magnolia Zone represents the fifth identified gold-bearing structure at the project. The Jasmine Zone has delivered several high-grade intersections, including 2.7 metres at 22.2 grams per tonne gold and 0.3 metres at 69.4 grams per tonne gold. The newly recognised Magnolia Zone has also returned a notable 0.4-metre intersection grading 7.5 grams per tonne gold. Falcon continues to advance exploration with three diamond rigs operating around the clock, targeting extensions of the northern Bendigo Goldfield. With additional drilling planned across multiple reef lines and AU$15.4 million in cash, the company remains well positioned to continue testing the significant exploration potential of Blue Moon.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au