- CEO
- Timothy Markwell
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 350 Collins Street Melbourne VIC Australia 3000
- IPO Date
- Dec 20, 2021
- Business
- Falcon Metals Limited (ASX: FAL) is an Australian mineral exploration company focused on the discovery and development of gold, mineral sands, and rare earth element deposits. The company holds interests in the Pyramid Hill Gold project covering approximately 7,000 square kilometers in the Bendigo region of Victoria; the Farrelly Mineral Sands project near Bendigo; the Mount Jackson project near Perth; and a 51% interest in the Viking project near Norseman, Western Australia. Founded in 2021 and headquartered in Melbourne, Australia, Falcon operates exclusively in Australia targeting high-grade gold systems akin to the nearby Fosterville Gold Mine. In August 2025, the company completed a A$20 million placement to institutional investors to accelerate diamond drilling at the Blue Moon gold target within Pyramid Hill, resulting in post-placement cash of over A$27.8 million and plans for 30,000 meters of drilling; recent drilling highlights include a sixth wedge hole intersecting 6.5 meters at 33 g/t gold in October 2025, a third wedge hole with 0.3 meters at 185 g/t gold in September 2025, and a first wedge hole of 1.2 meters at 543 g/t gold in July 2025, prompting mobilization of a second drill rig.