What drilling method will Falcon Metals (ASX:FAL) use at Olsen Well?

Falcon Metals (ASX:FAL) plans to test the Olsen Well target using a reverse circulation drilling programme scheduled to commence during the current quarter.

Where is the Errabiddy Gold Project located?

The joint venture area for Falcon Metals (ASX:FAL) is situated approximately 220km northwest of Meekatharra in Western Australia.

What partnership agreement supports Falcon Metals (ASX:FAL) at the site?

West Coast Silver (ASX:WCE) previously entered an agreement granting Falcon Metals (ASX:FAL) the right to earn up to a 70% interest in exploration licence E09/2457.

How did the market respond to Falcon Metals (ASX:FAL)?

Following the recent corporate updates, the Falcon Metals (ASX:FAL) share price was down at $0.46.

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Falcon Metals wins approvals for Errabiddy Project drilling

Written by Heidi Cuthbert Published Jul 28, 2026, 6:19 AM

Falcon Metals secured all regulatory approvals to conduct the first-ever drill programme at the Errabiddy Gold Project.
Falcon Metals (ASX:FAL) share price was down 7.41% following recent market updates.
The companies plan to test the Olsen Well target using reverse circulation drilling.

Falcon Metals (ASX:FAL) secured all regulatory approvals to conduct the first-ever maiden drill programme at the Errabiddy Gold Project in Western Australia.

The project covers a strike extent along the Errabiddy Shear Zone where previous systematic exploration had identified gold-in-soil anomalies without any prior drilling.

"Regulatory approvals were secured for first ever drilling of the Olsen Well target after the heritage survey was completed," said the Falcon Metals Managing Director.

The upcoming reverse circulation drilling programme is scheduled to commence during the current quarter following an advanced tender process.

Following the announcement, the Falcon Metals share price was down at $0.46.

West Coast Silver (ASX:WCE) previously entered an agreement granting Falcon the right to earn up to a 70% interest in exploration licence E09/2457.

The joint venture area is situated approximately 220km northwest of Meekatharra and spans a regional geological setting prospective for orogenic gold.