Falcon Metals Starts Maiden Drilling at Western Australia Project; Shares Down 3%

MT Newswires Live
2024-09-27

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%

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