FALCON’s stage 2 at Spitfire– Warm Kid has actually begun

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FALCON’s stage 2 at Spitfire– Warm Kid has actually begun

FALCON GOLD CORP.[FG-TSXV; 3FA-GR; FGLDF-OTCQB]; (” Falcon” or the “Business”) is delighted to reveal an expedition team have actually been sent out to the state-of-the-art Spitfire-Sunny Kid Job (the “Residential Or Commercial Property”) near Merritt, B.C.. The Business’s very first stage revealed September 2020 succeeded in determining gold mineralization over a 300 m strike length. The Business’s 2nd stage is a more aggressive follow up making use of pack-sack drilling along the Master Vein and parallel mineralized horizons. Emphasizes of the September 2020 tasting program was a 2.2 m channel sample that balanced 598 g/t Au that included a 1m channel sample that assayed 122 g/t Au on the Master Vein. Extra highlights are tabled listed below.

Table of picked assay arise from the Spitfire & Sunny Kid Claims 2020 tasting program.

The Bright Young boy Task includes parallel low sulphidation epithermal gold bearing veins. A brand-new possible vein structure, the Cliff Vein, was found down slope from the Master Vein, roughly 25 meters lower in elevation. A grab sample of the Cliff vein assayed as much as 228 g/t Au. To date 5 parallel vein systems have actually been tape-recorded on the Home. Get samples are chosen samples and not always representative of the mineralization hosted on the residential or commercial property.

Karim Rayani, President commented, “ We are enjoyed lastly send out expedition teams to act on our initial findings from in 2015. Our company believe the nature of the veining complies with a low sulfidation epithermal deposit type design that might host world class gold grades. Our preliminary stage verified the capacity of gold mine type gold mineralization. The 2nd stage is a more aggressive follow up checking the vein systems along strike, near surface area utilizing shallow drilling. Numerous veins were determined in 2020 and we intend to confirm and validate their top-quality nature along exposed strike lengths.”

The Spitfire and Sunny Young Boy Task

The very first taped discoveries were made on the Spitfire & Sunny Kid declares in 1908, which is presently found in the north-east part of the home claim block. The majority of the early expedition concentrated on quartz veins that hosted gold, copper and silver. High grade gold worths have actually been reported as much as 127 g/t Au and 309 to 514 g/t silver (” Ag”) in quartz vein product from underground operations by Quilchena Mining and Advancement Business Ltd.. The top-quality veins have actually been trenched, pitted, blasted, and drilled however have actually never ever been commercially mined. The primary proving, Master Vein and hosts state-of-the-art gold mineralization as much as 50.53 oz/t as tested by Ken Sanders, P. Eng in1974 To the south-west of the Sunny Kid Zone in a location described as the “AL” revealing soil geochemistry, geophysics (magnetometer/VLF), trenching, tasting and diamond drilling have actually been carried out on the mineralized veins. The very best drill outcome was supposedly 3.77 g/t Au, 0.24 %copper, and 329 g/t Ag over 13.4 meters.

The Spitfire & Sunny Kid discovery has actually been described as an epithermal gold deposit by previous operators. The gold zones are hosted within the Quesnellia terrane, defined by submarine volcanic and volcaniclastic rocks of the Nicola group to the south and the Takla group in the north. The gold mineralization and geological setting of the job bear strong resemblances to other industrialized tasks in the area such as the epithermal gold deposits, Possibility Valley and Shovelnose, presently being checked out by Westhaven Ventures Inc. (Figure 1).

Figure 1. Regional place of the Spitfire-Sunny Kid Job.

Certified Individual

The technical material of this press release has actually been evaluated and authorized by Mike Kilbourne, P.Geo., who is a Certified Individual as specified by National Instrument 43-101, Standards of Disclosure for Mineral Projects. The QP and the Business has actually not finished adequate work to validate the historical details on the homes consisting of the Spitfire-Sunny Young boy Home, especially relating to historic expedition, neighbouring business, and federal government geological work.

About Falcon Gold Corp.

Falcon is a Canadian mineral expedition business concentrated on producing, obtaining, and checking out chances in the Americas. Falcon’s flagship task, the Central Canada Cash Cow, is roughly 20 km southeast of Agnico Eagle’s Hammond Reef Gold Deposit which has actually presently approximated 3.32 million ounces of gold (1235 million tonnes grading 0.84 g/t gold) mineral reserves, and 2.3 million ounces of determined and shown mineral resources (1334 million tonnes grading 0.54 g/t gold). The Hammond Reef gold residential or commercial property pushes the Hammond shear zone, which is a northeast-trending splay off of the Quetico Fault Zone (” QFZ”) and might be the control for the gold deposit. The Central Gold residential or commercial property rests on a comparable significant northeast-trending splay of the QFZ.

The Business holds 7 extra jobs. The Springpole West Home in the world-renowned Red Lake mining camp; a 49%interest in the Burton Gold home with Iamgold near Sudbury Ontario; and in B.C., the Spitfire-Sunny Young Boy, Gaspard Gold declares; and most just recently the Great Burnt, Hope Brook, and Baie Verte acquisitions surrounding to First Mining, Sokoman-Benton’s JV, and Marvel Discovery in Central Newfoundland.

CONTACT DETAILS:

Falcon Gold Corp.

” Karim Rayani”

Karim Rayani


Ceo, Director

Telephone: (604) 716-0551

Email: info@falcongold.ca

Cautionary Language and Positive Declarations

This press release might include forward looking declarations consisting of however not restricted to remarks relating to the timing and material of upcoming work programs, geological analyses, invoice of home titles, and so on. Forward looking declarations resolve future occasions and conditions and for that reason, include fundamental threats and unpredictabilities. Real outcomes might vary materially from those presently prepared for in such declarations.

This press release might include forward looking declarations consisting of however not restricted to remarks concerning the timing and material of upcoming work programs, geological analyses, invoice of residential or commercial property titles, and so on. Forward looking declarations attend to future occasions and conditions and for that reason, include fundamental dangers and unpredictabilities. Real outcomes might vary materially from those presently expected in such declarations.

Neither TSX Endeavor Exchange nor its Guideline Solutions Company (as that term is specified in the policies of the TSX Endeavor Exchange) accepts obligation for the adequacy or precision of this release.


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