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FG: TSXV
3FA: FRA
Falcon Gold Corp. (TSXV: FG,OTC:FGLDF) (FSE: 3FA) (OTC-Pinks: FGLDF) (“Falcon” or the “Firm”) is happy to announce the staking and acquisition of 689 mineral claims totaling 17,225 hectares in Central Newfoundland. This acquisition secures a district-scale land place throughout a extremely potential hall inside the Victoria Lake Shear Zone, a structural system recognized to host high-grade gold mineralization.
The hall bridges Sokoman Minerals’ Crippleback Lake Pattern to the west and Benton Sources Stony Lake Caldera to the east, giving Falcon a commanding place over a largely underexplored part of the Central Newfoundland gold belt.
“Falcon now controls the important thing structural hall between two lively gold tendencies. The geology and magnetic signatures counsel a number of high-priority targets, making this probably the most compelling underexplored areas in Central Newfoundland,”
— Karim Rayani, Chief Govt Officer
Investor Highlights – Strategic Hall Overview
- 17,225 hectares managed by Falcon, bridging two main gold tendencies.
- Three lively gamers within the hall:
- Sokoman Minerals – Crippleback Lake Pattern to the west.
- Benton Sources – Stony Lake Caldera hall to the east.
- Falcon Gold – bridging the structural and geophysical hole within the center.
- Hall lies alongside the Valentine Lake Fault system, a confirmed gold-bearing pattern internet hosting the Valentine Gold Mine (Equinox Gold).
- A number of high-priority targets recognized by way of structural and geophysical evaluation.
- Quick exploration program consists of magnetic reinterpretation, geochemical sampling, IP-Resistivity surveying, trenching, and Section I scout drilling.
- Venture management consists of Mike Kilbourne, P.Geo., a veteran geoscientist with 40+ years of expertise.
- Falcon’s place permits the Firm to seize structural and geochemical continuity throughout a largely untested part of the belt.
Quick Work Program
Falcon will mobilize a high-velocity exploration marketing campaign, together with:
- Excessive-resolution magnetic reinterpretation and 3D structural modeling
- In depth geochemical sampling and mapping
- IP-Resistivity surveying throughout precedence targets
- Trenching adopted by Section I scout drilling
“We’re shifting shortly to get boots on the bottom and advance exploration throughout the hall. Our fast work program is designed to generate targets that would result in important discoveries,”
— Karim Rayani, Chief Govt Officer
Venture Management
Falcon is happy to nominate Mike Kilbourne, BSc (Hons), P.Geo., as Venture Supervisor for the Central Newfoundland portfolio. Mr. Kilbourne brings over 40 years of exploration expertise, having overseen greater than 100,000 metres of drilling and generated over 700 targets throughout North America and Mexico. He’s a registered Skilled Geoscientist in Ontario, Québec, and Newfoundland and has served as a Certified Individual beneath NI 43-101 for a number of publicly listed firms.
Falcon Gold’s expanded land place locations the Firm on the middle of a extremely potential and underexplored gold hall, offering a district-scale platform for systematic exploration and potential discovery.
Certified Individual
The technical content material of this information launch has been reviewed and permitted by Mike Kilbourne, P. Geo, an unbiased Certified Individual as outlined in Nationwide Instrument 43-101, Requirements of Disclosure for Mineral Tasks.
About Falcon Gold Corp.
Falcon is a Canadian mineral exploration firm centered on producing, buying, and exploring alternatives within the Americas. Falcon’s flagship venture, the Central Canada Gold Mine, is roughly 20 km southeast of Agnico Eagle’s Hammond Reef Gold Deposit which at the moment has an estimated 3.32 million ounces of gold (123.5 million tonnes grading 0.84 g/t gold) mineral reserves and a couple of.3 million ounces of measured and indicated mineral assets (133.4 million tonnes grading 0.54 g/t gold). Ref: https://www.agnicoeagle.com/English/exploration/exploration-projects/Hammond-Reef/default.aspx The Hammond Reef gold property lies on the Hammond shear zone, which is a northeast-trending splay off the Quetico Fault Zone (“QFZ”) and would be the management for the gold deposit. The Central Gold property lies on an identical main northeast-trending splay of the QFZ. The neighboring properties outcomes don’t essentially apply to the present venture or property being disclosed
The Firm holds a number of further initiatives: a 49% curiosity within the Burton Gold property with Iamgold close to Sudbury Ontario; Spitfire-Sunny Boy, claims in B.C.; Nice Burnt Copper-Gold Venture in Central Newfoundland, and most not too long ago battery metals initiatives, Timmins West Nickel-Copper-Cobalt Property Ontario, Outarde Nickel-Copper-Cobalt Property, and the Nickel North property in Quebec.
Cautionary Language and Ahead-Trying Statements
This information launch could comprise ahead wanting statements together with however not restricted to feedback concerning the timing and content material of upcoming work applications, geological interpretations, receipt of property titles, and so forth. Ahead wanting statements tackle future occasions and situations and due to this fact, contain inherent dangers and uncertainties. Precise outcomes could differ materially from these at the moment anticipated in such statements.
Neither TSX Enterprise Change nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts accountability for the adequacy or accuracy of this launch.
View unique content material to obtain multimedia:https://www.prnewswire.com/news-releases/falcon-gold-expands-district-scale-land-position-bridging-the-crippleback-trend-and-stony-lake-caldera-302608849.html
SOURCE Falcon Gold Corp.
View unique content material to obtain multimedia: http://www.newswire.ca/en/releases/archive/November2025/07/c2435.html
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