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- Falcon Metals (FAL) and Metal Hawk (MHK) prepare to launch a drill program at the Viking gold project in Western Australia
- A total of 1600 metres of reverse circulation drilling will be completed to follow up on previous high-grade gold intercepts at depth
- In preparation for the program, Falcon has secured a drill rig and completed the heritage survey
- Falcon has the right to earn a 70 per cent interest in Metal Hawk’s project by funding exploration costs
- FAL shares are trading 6.41 per cent higher today at 20.8 cents at 2:56 pm AEST
Falcon Metals (FAL) and Metal Hawk (MHK) have prepared to launch a drill program at the Viking gold project in Western Australia.
A total of 1600 metres of reverse circulation drilling will be completed to follow up on previous high-grade gold intercepts at depth.
The program is targeting down dip and potential down-plunge extensions to these intercepts.
In preparation for the program, Falcon has secured a drill rig and completed the heritage survey.
Falcon has the right to earn a 70 per cent interest in Metal Hawk’s Viking project by funding exploration costs.
Falcon Managing Director Tim Markwell said he was looking forward to further expanding the company’s work program in WA.
“The Albany-Fraser province is highly prospective and the high-grade results from previous drilling at Viking present priority walk up drill targets in the same belt that hosts the multimillion-ounce Tropicana gold mine,” he said.
Drilling is expected to commence at the end of this month and will take two weeks, with assays expected in three months.
FAL shares were trading 6.41 per cent higher today at 20.8 cents at 2:56 pm AEST.
