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[BUSINESS] · Australia, Côte d’Ivoire · 2 sources

Falcon Metals and Dalaroo Metals commence large-scale gold drilling programmes

Falcon Metals (ASX:FAL) has secured all regulatory approvals for its maiden drilling at the Olsen Well target within the Errabiddy Gold Project in Western Australia. The company plans a roughly 3,500‑metre reverse‑circulation program that could earn it a 70 % interest in exploration licence E09/2457, with up to $180,000 of co‑funding from the Western Australian Government’s Exploration Incentive Scheme. Drilling is expected to start this quarter and run for about four weeks.

Dalaroo Metals announced a 20,000‑metre maiden drilling campaign at its Gold Ridge prospect in the Bondoukou project, Côte d’Ivoire. The first phase comprises 10,000 metres of reverse‑circulation drilling focused on the Wilfred target, the largest of three priority zones along a seven‑kilometre gold‑in‑soil corridor. Results will guide a subsequent 10,000‑metre diamond‑drilling phase covering the Wilfred, Mag and Ali targets. The programme is slated to begin drill‑pad preparation next week with drilling expected in early August.

Entities: Dalaroo Metals · Falcon Metals · Gold Ridge · Olsen Well · Wilfred target

Sources

about 22 hours ago