Falcon's CEO Issues Corporate Update Letter To Shareholders - Seite 2

Further acquisition and expansion in the Hope Brook camp covering over 40,000 hectares solidifies our aggressive launch in the Central Newfoundland. What makes us unique is most if not all property acquisitions are done through staking costs with no NSR's (Net Smelter Royalties), Our Golden Brook project is surround by Matador Mining and Big Ridge Exploration million-ounce deposits. Our successful exploration program within this expansive area, particularly in the Kraken Zone, revealed a wealth of critical and rare earth metals. Notable highlights include lithium, lanthanum, tantalum, niobium, beryllium, zirconium, tungsten, molybdenite, bismuth, silver, and gold. Falcon's ground is strategically adjacent to Benton-Sokoman's pioneering lithium discovery in South-Central Newfoundland. The recent $20 million investment by Piedmont Lithium underscores the immense potential of our project. 2024 will be a promising year for action and growth.

Karim Rayani Chief Executive Officer, Commented, "I'm pleased to share our progress amidst a challenging market landscape. Falcon is opportunistically positioned, we have strategically acquired key assets in world-class districts across Canada and South America with a focus on copper, gold, and nickel. We are making preparations for immediate drilling at Great Burnt upon drill permit approvals.

• Immediate Drilling: We're poised for action. Our Great Burnt project is primed for an immediate drill program. The geology beckons, and we're ready to test the geological model.
• Flagship Asset: Central Canada awaits. Our flagship asset holds great promise building on the historic data. We're planning a return, armed with data and determination.
• Northern Quebec Exploration: HSP South calls. We're laying the groundwork for a drill-ready program, in what is shaping up to be one of the newest areas for a new Nickel Discovery.

Falcon amasses one of largest land positions in Quebec's Havre Saint Pierre Anorthosite Complex covering over 135kms of prospective contact where Go Metals Corp., announced wide intervals of Nickel, Copper Sulphides (Press Release Go Metals September 13,2022).