- Falcon Metals (FAL) begins a reverse circulation (RC) drilling program at its Viking gold project in Western Australia
- Drilling will be undertaken by WA-based contractor Strike Drilling with 1600 metres initially planned
- Strike arrived at the project last week and began drilling on the weekend with work targeting the down dip and potential down-plunge extensions to the previous intercepts
- Drilling is planned to take several weeks to complete with results expected within two to three months
- Falcon has ended the day 2.56 per cent in the green at 20 cents
Falcon Metals (FAL) has begun a reverse circulation (RC) drilling program at its Viking gold project in Western Australia.
Drilling will be undertaken by WA-based contractor Strike Drilling with 1600 metres initially planned.
Strike arrived at the project last week and began drilling on the weekend with work targeting the down dip and potential down-plunge extensions to the previous intercepts.
Previous drilling returned results of five metres at 44.5 grams per tonne (g/t) gold from 50 metres, four metres at 15.4 g/t gold from 40 metres and three metres at 15.3 g/t gold from 28 metres.
Drilling is planned to take several weeks to complete with results expected within two to three months.
“Commencing drilling at the Viking gold project is a significant milestone in the short history of Falcon Metals as a listed entity on the ASX,” Managing Director Tim Markwell said.
“We are also delighted to have Strike Drilling on site undertaking this program as our drilling contractor and are confident this campaign will improve our understanding of the geology at the Viking Project.
“With the program at Viking expected to last several weeks, we look forward to receiving results in the coming months with these initial results to drive future exploration plans.”
Falcon has ended the day 2.56 per cent in the green at 20 cents.