Falcon Initiates Exploration in Nevada and Washington - Seite 2

The Washington Silver Property

The Company plans to complete approximately 12 kilometers ("km") of Induced Polarization ("IP") surveys on the Washington Silver property in Republic, Washington this fall. During the 2012 exploration program, the Company collected a number of anomalous to very well mineralized grab samples from outcrops on the property which include three samples that returned assay values of 559 grams per tonne ("g/t") Ag and 0.90 g/t Au; 458 g/t Ag and 0.39 g/t Au; and 232 g/t Ag and 0.50 g/t Au. These samples form a north-northeast linear trend which, including the Silver Bell Mine Pit, has a strike length of approximately 1.7 km. The IP survey is being designed to test this potentially mineralized trend. The results of the IP survey will be evaluated and integrated with previous exploration results which will form the basis of continued exploration activities.

Qualified Person and NI 43-101 Disclosure

Jamie Lavigne, P.Geo is the Qualified Person as defined in National Instrument 43-101 who has reviewed and approved this news release and is responsible for the technical information reported herein. Analyses of samples from the New York Canyon Copper property were completed at American Assay Laboratories located in Reno, Nevada and analyses of samples from the Washington Silver property were completed at ALS Minerals located in Vancouver, BC. Both laboratories are certified and accredited. All analytical results reported herein are from grab samples. While the Company considers the results of the grab samples to be significant and indicative of mineralization potential, they may not be representative of the grade and tonnage of mineralization on the respective properties.

About Falcon Gold Corp.

Falcon Gold Corp. is a Canadian mineral exploration company focused on generating, acquiring, and exploring opportunities in North America. Falcon can earn up to an 80% interest in the New York Canyon Property which hosts an advanced-stage copper project, located in the Santa Fe Mining District, Mineral County, Nevada.

Falcon also holds a 100% interest in the Washington Silver property, which includes the historic Silver Bell Mine, located in the Republic Mining District, northeastern Washington, USA. Falcon's previous drill results demonstrate the high grade potential of this project with an intersection of 167 g/t Ag over 36.5 m including a high grade intercept of 511.57 g/t Ag and including 0.83 g/t Au over 9.14 m.

Falcon's Burton Gold Property is located in the Swayze Greenstone Belt, Northeastern Ontario, and is approximately 38 kms northwest of IAMGOLD Corporation's Côté Gold Deposit. Drilling completed by Falcon included 3.74 g/t Au over an intersection length of 9.96 m (including 10.98 g/t Au over 2.17 m) and 3.25 g/t Au over an intersection length of 10.35 m (including 5.65 g/t Au over 2.85 m). IAMGOLD Corporation has earned a 51% interest in the Burton Property pursuant to an Option agreement with Falcon.

On Behalf of the Board of Directors

FALCON GOLD CORP.

David Tafel, Director

This news release may contain forward looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, etc. Forward looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Falcon Gold Corp.
David Tafel
Director
604-683-1991
[e-mail]
www.falcongold.ca

IR PRO COMMUNICATIONS INC.
Nancy Massicotte
Investor Relations Consultant
604-507-3377 direct
1-866-503-3377 toll free