Welcome to Falcon Minerals...
Falcon is a mineral exploration company listed on the Australian Stock Exchange (ASX code FCN). Its goal is to create shareholder wealth through the discovery and development of precious metal and base metal deposits. Falcon has an experienced Board and technical team with a successful track record.
The Company has two key projects in Australia with the prospectivity to deliver an important discovery. Collurabbie is an advanced nickel-copper-PGE project in Western Australia and Saxby is a lightly explored high-grade gold prospect in Queensland.
The Collurabbie Project covers a fertile nickel belt that contains the Olympia massive sulphide prospect and several lower-grade disseminated sulphide prospects. At Olympia, massive and matrix Ni-Cu-PGE sulphide mineralization up to 9m thick has been detected over a 300m strike length. The Olympia deposit is small and is currently regarded as sub-economic; however further study and drilling success may significantly improve its economics. There remains considerable potential for additional discoveries in the district.
The Saxby gold discovery was made in 2008 where drill hole SXD005 intersected 17m at 6.75g/t Au from 631m. A follow-up hole in 2010 confirmed the importance of the gold discovery and intersected 15m at 9.09 g/t Au from 701m. Deep diamond drilling by Falcon in 2012 returned some patchy gold hits with elevated copper and uraniun. The Company is seeking to JV this property.