Falcon, Farm-in Partner, Secures Approval to Drill Errabiddy

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Stock WCE.ASX (WCE.ASX)
Release Time 28 Jul 2026, 2:18 p.m.
Price Sensitive Yes
 Falcon Metals Secures Approval for Errabiddy Gold Project Drilling
Key Points
  • Falcon Metals has received regulatory approvals for drilling at the Errabiddy Gold Project.
  • Rock chip sampling confirmed gold mineralization up to 6.42 g/t.
  • Drilling to commence this quarter, funded by Falcon.
Full Summary

Falcon Metals, a partner of West Coast Silver, has received all necessary regulatory and heritage approvals to commence drilling at the Olsen Well gold target within the Errabiddy Gold Project in Western Australia. This marks the first-ever drilling of the target, where Falcon can earn up to a 70% interest in the project. Rock chip sampling has confirmed gold mineralization up to 6.42 g/t, associated with highly deformed gneiss. The project has also been awarded $180,000 in competitive Western Australian Government Exploration Incentive Scheme (EIS) funding. Drilling is planned to commence in September, funded by Falcon as part of its earn-in obligations, at no cost to West Coast Silver.

Outlook

Falcon Metals is optimistic about the prospectivity of the Errabiddy Gold Project, with potential for significant discovery.