Falcon Gold Corp. , ; is pleased to announce it has commenced field work on its Spitfire-Sonny Boy project near Merritt, B.C. The company will be conducting prospecting, field reconnaissance mapping, and channel sampling near the historic Master Vein which sampled up to 50.53 oz/t Au. The goal of the project will be to delineate and constrain the [...]
Falcon Gold is pleased to announce it has acquired additional ground along the Spitfire-Sunny Boy trend. The claim is positioned 525 meters east along strike of the Master Vein, which historically sampled up 50.33 oz/t Au. The recent acquisition adds more than 500 meters of contiguous strike length, increasing the company's coverage to over 1.1 [...]
Falcon Gold is pleased to announce it has received the assay results from it's recent drilling on the company's Central Canada Gold Project near Atikokan, ON. The results have confirmed the presence of gold mineralization to a depth of 83 metres below surface of the historic Central Canada Gold Mine. Gold mineralization has been noted in a strongly [...]
Falcon Gold announces that Great Lakes Exploration Inc. has extended the due diligence period for up to 21 days to June 22, 2020 to formalize the definitive agreement. Falcon entered into a Memorandum of understanding dated April 23, 2020 to acquire the 2 large patented claim blocks from GLE. The transaction includes 476 hectares of patented mining [...]
Falcon Gold is pleased to announce it has applied for an exploration permit on its Bruce Lake Gold Project in the Red Lake Mining Camp. The permit will allow the company to perform overburden trenching, line cutting, and diamond drilling to follow-up on gold targets identified by past operators. The 1,400 hectare property is contained within the [...]
Falcon Gold announces that it has fully subscribed its non brokered private placement announced May 12th 2020, then further increased on May 13th 2020. The company has received a total of $157,247.50 in subscriptions pending TSX Venture Exchange approval. The Company has also received an additional $167,250 from the exercise of common share [...]
Falcon Gold announces that it has applied to the TSX Venture Exchange to extend the term of 4,420,000 common share purchase warrants originally set to expire on May 18, 2020. The warrants were originally issued pursuant to a private placement dated April 6th2018. The exercise price will remain the same at $ 0.10 cents per common unit. The warrants [...]
Falcon Gold is pleased to announce that due to investor demand the company is increasing its previously announced non-brokered placement. Falcon now plans to raise up to $130,000 from the issuance of 1,733,333 units at a purchase price of $0.075 cents up from the $100,000 target. Each unit will consist of one common share and one transferable [...]
Falcon Gold will proceed with a private placement financing for up to $100,000 priced at $ 0.075 cents per common unit. Each unit will consist of one common share and one transferable purchase warrant. Each warrant shall have a term of 24 months commencing on the closing date at a deemed price of $ 0.10 cents. Proceeds will be used for general [...]
Falcon Gold is pleased to announce it has completed 3 drill holes totalling 468 metres along the Central Canada Mineralized Zone, a continuation of the initial mineralized zone defined by Terra-X in 2012. The 3 holes successfully intersected a highly altered felsic intrusive rock unit with significant pyrite, arsenopyrite, lead telluride, and [...]
Falcon Gold is pleased to announce it has entered into a MOU to acquire 2 large patented claim blocks from Great Lakes Exploration Inc. The transaction includes 476 hectares of patented mining claims including patented surface rights. The patented lands lie along strike of Falcon's Central Canada Project. The claims cover 8,400 meters of strike [...]
Falcon Gold Corp. is pleased to announce completion of drill hole CC-20-01 at the Central Canada Project. The hole was drilled to a depth of 201 metres and targeted the Central Canada Mineralized Zone along strike from the historical Central Canada Mine. The hole is the first of a series of planned holes in a 1,000 meter program. Hole CC-20-01 has [...]