Falcon Gold is pleased to announce it has successfully completed its expanded summer drill campaign to test the strike extensions of the historic Central Canada Gold Mine. The 7 holes, totaling 1,055 meters were drilled for this program with the final two holes totaling 363 m. Each of the program's 7 core holes successfully intersected the historical mine trend with mineralized quartz veins intersected to a depth of 175 m [...]
Falcon Gold Corp. and International Montoro Resources Inc. are pleased to announce a significant increase in the Camping Lake Gold Property with the staking of an additional 57 mining claims. The new claims add approximately 1,200 hectares to the Camping Lake Project that is located near the Red Lake gold camp in northwestern Ontario and increases the project size to 3,400 ha of contiguous mining units. The Property [...]
Falcon Gold Corp. ; is pleased to announce it has completed 2 additional holes totaling 221 meters along strike of the historical Central Canada Gold Mine. A total of 5 holes have been drilled in this current program and with the intersection of mineralized and potentially gold-bearing zones another 2 drill holes are being planned. Each of the initial 5 holes successfully intersected the historical mine trend to a depth [...]
Falcon Gold Corp. , ; is pleased to announce it has commenced field work on its Spitfire-Sonny Boy project near Merritt, B.C. The company will be conducting prospecting, field reconnaissance mapping, and channel sampling near the historic Master Vein which sampled up to 50.53 oz/t Au. The goal of the project will be to delineate and constrain the styles of gold mineralization on the project and assess the geological [...]
Falcon Gold is pleased to announce it has acquired additional ground along the Spitfire-Sunny Boy trend. The claim is positioned 525 meters east along strike of the Master Vein, which historically sampled up 50.33 oz/t Au. The recent acquisition adds more than 500 meters of contiguous strike length, increasing the company's coverage to over 1.1 kilometers of strike along the Master Vein gold zone. Figure 1 To view an [...]
Falcon Gold is pleased to announce it has received the assay results from it's recent drilling on the company's Central Canada Gold Project near Atikokan, ON. The results have confirmed the presence of gold mineralization to a depth of 83 metres below surface of the historic Central Canada Gold Mine. Gold mineralization has been noted in a strongly deformed granite along strike of the past producing mine trend. Drill hole [...]
Falcon Gold announces that Great Lakes Exploration Inc. has extended the due diligence period for up to 21 days to June 22, 2020 to formalize the definitive agreement. Falcon entered into a Memorandum of understanding dated April 23, 2020 to acquire the 2 large patented claim blocks from GLE. The transaction includes 476 hectares of patented mining claims including patented surface rights. The patented lands lie along [...]
Falcon Gold is pleased to announce it has applied for an exploration permit on its Bruce Lake Gold Project in the Red Lake Mining Camp. The permit will allow the company to perform overburden trenching, line cutting, and diamond drilling to follow-up on gold targets identified by past operators. The 1,400 hectare property is contained within the Birch-Uchi-Confederation Lakes greenstone belt which hosts the world-renowned [...]
Falcon Gold announces that it has fully subscribed its non brokered private placement announced May 12th 2020, then further increased on May 13th 2020. The company has received a total of $157,247.50 in subscriptions pending TSX Venture Exchange approval. The Company has also received an additional $167,250 from the exercise of common share purchase warrants since April 17th2020. In connection with the current offering [...]
Falcon Gold announces that it has applied to the TSX Venture Exchange to extend the term of 4,420,000 common share purchase warrants originally set to expire on May 18, 2020. The warrants were originally issued pursuant to a private placement dated April 6th2018. The exercise price will remain the same at $ 0.10 cents per common unit. The warrants will hold a forced acceleration in the event the common shares close at or [...]
Falcon Gold is pleased to announce that due to investor demand the company is increasing its previously announced non-brokered placement. Falcon now plans to raise up to $130,000 from the issuance of 1,733,333 units at a purchase price of $0.075 cents up from the $100,000 target. Each unit will consist of one common share and one transferable purchase warrant. Each warrant shall have a term of 24 months commencing on the [...]
Falcon Gold will proceed with a private placement financing for up to $100,000 priced at $ 0.075 cents per common unit. Each unit will consist of one common share and one transferable purchase warrant. Each warrant shall have a term of 24 months commencing on the closing date at a deemed price of $ 0.10 cents. Proceeds will be used for general working capital and further exploration activities on its Central Canada Gold [...]
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