Falcon Gold Advances Sunny Boy- Spitfire Project, Files Notice of Work for Inaugural Drill Program, BC

Core Insights - Falcon Gold Corp. has filed a Notice of Work Permit for the Sunny Boy - Spitfire project, allowing for an aggressive exploration program including trenching, diamond drilling, and geophysical surveys to test high-grade structures and expand the known gold system [1][2] Exploration and Development - The Merritt area has a rich history of gold exploration, with past operators focusing on narrow high-grade veins, while Falcon aims to explore broader geological frameworks for larger mining widths [2] - Falcon's field team is preparing a 25-hole drilling program to test surface mineralization along the Master Zone, indicating confidence in the district's potential as a significant gold camp in British Columbia [2] - Previous work in August 2020 highlighted a sample from the Master Vein averaging 59.8 g/t Au over 2.2 meters, with a notable interval of 122 g/t Au [3][4] Assay Results - Selected assay results from the 2020 sampling program show high-grade gold values, including a channel sample from the Master Vein at 122 g/t Au and a grab sample from the Cliff Vein at 22.8 g/t Au [4][5] - The Master Vein has reported high-grade gold mineralization up to 50.53 oz/t, with historical exploration indicating significant potential [5][8] Geological Context - The Sunny Boy & Spitfire project is characterized as an epithermal gold deposit, with geological similarities to other developed projects in the region, such as Prospect Valley and Shovelnose [8] - Falcon's due diligence work confirmed gold mineralization along the Master Vein over a 300-meter strike length, with samples ranging from 0.33 to 2.74 oz/t Au [9] Future Plans - The company plans to confirm the extent of gold mineralization at depth and has recently acquired new claims, adding 500 meters of strike length to enhance exploration potential [9]