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Investor Presentaiton

Ironbark Prospect Ironbark East Cross Section Ironbark East aircore hole PHAC1030 returned: . • 40m @ 2.8 g/t Au from 50m¹; including 26m @ 4.2 g/t Au from 51m; that includes . 766300mE 766400mE 766500mE 766600mE 766700mE PHIRDD006 PHAC1009 PA953 PHAC102 PA952 PHAC1030 ○ 2m @ 15.4 g/t Au from 51m, 100mRL 44m @68ppb Au O 1m @ 17.1 g/t Au from 62m, 66m 1m @ 10.1 g/t Au from 70m and 100m OmRL 12m @209ppb Au 126m о 1m @ 12.0 g/t Au from 76m Mineralised zone included 2m quartz gravel with coarse & nuggety gold at the top (potential for smearing) • Evidence of primary gold and likely proximal source for alluvial gold -100mRL 200m 300m -200mRL 400m Diamond drill hole completed May 2022 (before receipt of assays for PHAC1030) • Diamond drilling program to be finalised once results received, expected March 2023 Falcon Metals Ironbark East Prospect Schematic Cross Section of 5,963,800N Looking North 400mRL 1 Refer ASX Announcement 15 July 2022 - Falcon Metals (ASX Code: FAL) - Falcon Intersects High Grade Gold at Ironbark East (Amended) PA951 PA955 4m @ 754ppb Au 8m @ 130ppb Au 67mm 93m 98m 99m 4m @111ppb Au 4m @112ppb Au 2m @370ppb Au 29m @0.8g/t Au incl. 13m @1.5g/t Au 1m @ 1.1g/t Au 1m @ 1.1g/t Au 0.4m @ 5.9g/t Au 0.66m @ 1.1g/t Au 0.7m @ 1.3g/t Au 40m @ 2.8g/t Au incl. 26m @ 4.2g/t Au incl. 2m @15.4g/t Au and 1m @17.1g/t Au and 1m @ 10.1g/t Au and Im @ 12.0g/t Au 483.1m Geology 100 metres Murray Basin Cover Castlemaine Group Diorite 10
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