Falcon Metals (ASX:FAL) has started a reverse circulation (RC) drilling program at the company’s Viking Gold Project in Western Australia, with the campaign expected to be completed in October.
Western Australian-based contractor Strike Drilling was appointed to undertake the RC drilling campaign, which will initially comprise of about 1,600m.
Strike was mobilised to Viking last week and started drilling on the weekend. 
Falcon has the right to earn a 70% interest in the Viking Project from ASX-listed Metal Hawk (ASX:MHK). Upon completion of the earn in period, a joint venture will be formed to fund exploration on an ongoing basis.
The current drilling is targeting the down dip and potential down-plunge extensions to the previous ‘high-grade’ intercepts.
Significant historic results that have yet to be effectively followed up include:
- 5m @ 44.5g/t from 50m
- 4m @ 15.4g/t from 40m
- 3m @ 8.2g/t from 40m
- 3m @ 15.3g/t from 28m
The project is located 30km southeast of Norseman in the Northern Foreland of the Albany Fraser Province where historical exploration by previous owners returned numerous high-grade shallow intercepts in air core and limited reverse circulation / diamond drilling which is awaiting follow-up work.
Addressing the drilling program, Falcon Metals Managing Director Tim Markwell said: “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.
The company is now progressing exploration activities in Victoria as well as Western Australia for the first time, having already completed highly encouraging aircore and diamond drilling programs at our Victorian Pyramid Hill Gold Project.
“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”
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 Metals controls the largest exploration licence holding (more than 5,000km-square) of any company in the Bendigo Zone of Victoria, a region which hosts the ‘world-class’ Fosterville Gold Mine (>8Moz Au)1 and historic Bendigo Goldfield (>22Moz Au).
Falcon’s portfolio is further enhanced by 2 other early stage but ‘highly prospective’ gold projects in Western Australia, the Viking Project, and the Mt Jackson Project.
Write to Adam Orlando at Mining.com.au
Images: Falcon Metals Limited
