Falcon Gold Files Drill Permit, Great Burnt Copper Project Adjacent to Benton in Central Newfoundland - Seite 2

Foto: Accesswire

Figure 1. Location of the Falcon Gold acquisition proximal to the Benton -Spruce Ridge Great Burnt Copper Gold Project in central Newfoundland.

Foto: Accesswire

Figure 2. Great Burnt Bend Project Area with FG Claims in Orange and Spruce Ridge / Benton JV in Blue. New Claims Cover Conductive Trend Hosting Copper and Gold Mineralization

Commentary

Mr. Karim Rayani, Chief Executive Officer, commented, "The Great Burnt Copper District, continues to deliver high grade copper numbers. Falcon's ground lies along the same conductive trend which hosts significant gold and copper mineralization held by Benton Resources Joint Venture, yet have never been drill tested or subjected to any systematic exploration programs. Our desktop studies have identified geophysical targets that are drill ready. Falcon is setting up for a very busy 2024, we will be reporting back on the commencement of drilling once final approvals are received.

Qualified Person

The technical content of this news release has been reviewed and approved by Greg Robinson, P.Geo., who is a Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.

The QP and the Company has not completed sufficient work to verify the historic information on the properties comprising the Great Burnt property claim group particularly regarding historical exploration, neighbouring companies, and government geological work.

About Falcon Gold Corp.

Falcon is a Canadian mineral exploration company focused on generating, acquiring, and exploring opportunities in the Americas. Falcon's flagship project, the Central Canada Gold Mine, is approximately 20km southeast of Agnico Eagle's Hammond Reef Gold Deposit which has currently estimated 3.32 million ounces of gold (123.5 million tonnes grading 0.84 g/t gold) mineral reserves, and 2.3 million ounces of measured and indicated mineral resources (133.4 million tonnes grading 0.54 g/t gold). The Hammond Reef gold property lies on the Hammond shear zone, which is a northeast-trending splay off the Quetico Fault Zone ("QFZ") and may be the control for the gold deposit. The Central Gold property lies on a similar major northeast-trending splay of the QFZ.