Falcon Gold Corp. announces it has entered into an agreement to purchase a large, prospective gold property, the Gaspard Claims in central British Columbia. The Claims are reported to cover similar geology to and may be an extension of the Spences Bridge Gold Belt that hosts several significant developing gold deposits such as Westhaven Gold Corp.'s Shovelnose gold project. Chief Executive Officer, Karim Rayani stated [...]
Falcon Gold Corp. is pleased to make its first report of 2021 with this update on its fall drilling program at the Central Canada gold mine. The Company completed its 2020 fall drilling program at the Central Canada Gold mine near Atikokan, northwestern Ontario, with drill holes CC20-08 to CC20-17 producing a total of 1,890 meters of core. Through its two drill campaigns in 2020, Falcon has drilled seventeen drill holes [...]
Falcon Gold Corp. announces that it has oversubscribed its non brokered private placement previously announced December 2nd 2020. The company has received a total of $800,000 in total subscriptions. The company will issue 6,666,665 units with each unit consisting of one common share at a deemed price of $0.12 and one non-transferable share purchase warrant at price of $0.20 per share. Each warrant has a term of 36 months [...]
Falcon Gold Corp. is pleased to report the Company has mobilized the diamond drill and crews for its 2020 Stage Two drilling program at the Central Canada Gold mine near Atikokan. Since concluding the first-round summer drill program comprising seven holes and totaling 1,055 m of core at the Central Canada Gold Mine, the Company has evaluated the new geological and analytical data achieved by the drilling. The [...]
Falcon Gold Corp. is pleased to announce it has contracted ProspectAir of Gatineau, Québec to complete an airborne geophysics survey of the 10,000-hectare Central Canada Gold Project in Northwestern Ontario. The survey will consist of high-resolution airborne magnetics and time-domain electromagnetic data collection over 1510-line kilometers at 100m spacing. The survey has been optimized based on the local geological [...]
Falcon Gold Corp. is pleased to announce it has received fire assays for two diamond drill holes, CC20-03 and CC20-07 and partial results for holes, CC20 -04, -05 and -06 , from its Central Canada Gold Mine project, near Atikokan in north-western Ontario. The Company's holes; CC20-01, -02 and -03, plus the three historical drill holes; CC12-01, -02 and -03 completed in 2012 by TerraX Minerals Inc. were collared in the [...]
Falcon Gold is pleased to announce it has acquired 4,440 hectares of mining land 110 kilometers northeast of Red Lake in the Birch-Uchi Greenstone Belt on Springpole Lake. Falcon's new Springpole West Property comprises 197 claims containing 217 units and extends from McNaughton Township northeast for approximately 22 km where its most northeastern cells are less than 4 km from the Springpole Gold deposit. The claims [...]
Falcon Gold is pleased to announce it has received the whole rock and trace element geochemical results from surface samples collected from the various rock units within the project. To supplement the recent gold assay results averaging 59.8 g/t gold over 2.2 m which included a 1 m interval assaying 122 g/t Au Company geologists collected representative rock samples and completed geological mapping throughout the project [...]
Falcon Gold is pleased to report it has received final TSX Venture approval on the Bruce Lake assignment with Portofino Resources Inc. Portofino has issued 650,000 common shares to Falcon under the assignment agreement dated June 20th2020. Falcon retains a 0.5% Net Smelter Royalty on the Bruce Lake project. Furthermore, 13,926,000 warrants have been exercised since May 6th, 2020 for total proceeds of $818,800. Karim [...]
Falcon Gold is pleased to announce it has received fire assay results and certain check assays for its second diamond drill hole, CC20-02, from its Central Canada Gold Mine project, near Atikokan in north-western Ontario. This hole and the previously announced CC20-01 were drilled east of the historic mine shaft with the second hole confirming the high-grade mine trend for approximately 75 m of strike to west-southwest [...]
Falcon Gold is pleased to announce it has sampled and confirmed the high-grade gold mineralization on its Spitfire & Sonny Boy project near Merritt, B.C. The Company's field crew completed a preliminary geological investigation on the claims to assess the economic potential of the past producing Master Vein. The Company geologist mapped and channel sampled the Master Vein in a blasted trench and along strike. The [...]
Falcon Gold is pleased to announce it has acquired an additional 7,477 ha of mineral claims consisting of 369 units in the rapidly developing Atikokan gold camp, growing the Company's land position to 10,392 ha. and a new project total of 507 units. Falcon's staking has resulted in two new claims groups. The southern claims group parallels the Quetico Fault Zone and occupies the gap between the original Central Canada [...]
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