Accessibility StatementSkip Navigation FG: TSXV 3FA: FRA The newly submitted permit supports Falcon's Phase III drilling, targeting 1.6 kilometres of strike length along the historic Central Canada Mine Trend. The program will follow up on Falcon's Phase I and II drilling campaigns (2020–2021), where 15 of 17 drill holes intersected gold mineralization from surface to depth. Highlighted intercepts include: These results confirm the J.J. Walshe and parallel zones as part of a continuous gold system, open a ...

Core Insights - Falcon Gold Corp. has acquired 689 mineral claims totaling 17,225 hectares in Central Newfoundland, enhancing its position in a highly prospective gold corridor within the Victoria Lake Shear Zone [1][6] - The acquisition connects two active gold trends, namely Sokoman Minerals' Crippleback Lake Trend to the west and Benton Resources' Stony Lake Caldera to the east, positioning Falcon strategically in an underexplored section of the Central Newfoundland gold belt [2][5] Acquisition Details - The newly acquired land secures a district-scale platform for systematic exploration and potential discovery, with multiple high-priority targets identified through geological and magnetic analysis [3][6] - The corridor lies along the Valentine Lake Fault system, known for hosting the Valentine Gold Mine, indicating a proven gold-bearing trend [5] Immediate Work Program - Falcon plans to initiate a high-velocity exploration campaign, which includes magnetic reinterpretation, geochemical sampling, IP-Resistivity surveying, trenching, and Phase I scout drilling [4][5] - The company aims to generate targets that could lead to significant discoveries in the region [4] Project Leadership - Mike Kilbourne has been appointed as Project Manager for the Central Newfoundland portfolio, bringing over 40 years of exploration experience and a track record of overseeing extensive drilling and target generation [4][5] Company Overview - Falcon Gold Corp. is focused on generating, acquiring, and exploring mineral opportunities in the Americas, with its flagship project located approximately 20 km southeast of Agnico Eagle's Hammond Reef Gold Deposit, which has estimated reserves of 3.32 million ounces of gold [8]

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]

Toronto, Ontario--(Newsfile Corp. - July 24, 2025) - Falcon Gold Corp. (TSXV: FG) (FSE: 3FA) (OTC Pink: FGLDF) ("Falcon" or the "Company") is pleased to report results from its recently completed Phase I diamond drill program at its 100%-owned Great Burnt Project in South-Central Newfoundland."Despite setbacks with our initial drill contractor, the results from our last three holes confirm we are into a widespread and structurally controlled gold system," commented Karim Rayani, CEO of Falcon Gold. "While ...