Falcon Metals (ASX:FAL) started a maiden drilling program at the Mt Jackson gold and base metals project in Western Australia to test a gold-in-soil anomaly, according to a Friday filing with the Australian Securities Exchange.
The program is anticipated to be completed within three weeks, with results expected in the fourth quarter, the filing said.
Shares fell 3% in midday trade.
Price (AUD): $0.18, Change: $-0.0050, Percent Change: -2.70%