Falcon Gold Corp. Completes Road Plowing, Mobilizes Drill Equipment
Falcon Gold Corp. (FGLDF) has successfully completed road plowing and access improvements at its Great Burnt Copper-Gold Project in Central Newfoundland, overcoming challenges from heavy snowfall. The company has mobilized drill equipment to camp and is set to commence drilling this weekend.
The planned drilling program will target up to ten high-priority geophysical anomalies over 1,100 metres of drilling. The company has secured unrestricted access to the site through primary road clearance and additional improvements necessitated by unseasonably high snowfall.
Falcon Gold Corp. (FGLDF) ha completato con successo il livellamento delle strade e i miglioramenti degli accessi al suo progetto Great Burnt Copper-Gold nel centro di Terranova, superando le sfide dovute a forti nevicate. L'azienda ha mobilitato le attrezzature per la perforazione al campo e prevede di iniziare le operazioni di perforazione questo fine settimana.
Il programma di perforazione pianificato mirerà a fino a dieci anomalie geofisiche di alta priorità su 1.100 metri di perforazione. L'azienda ha garantito un accesso illimitato al sito attraverso la pulizia delle strade principali e ulteriori miglioramenti necessari a causa delle nevicate eccezionalmente abbondanti.
Falcon Gold Corp. (FGLDF) ha completado con éxito el desmalezado de caminos y mejoras de acceso en su proyecto Great Burnt Copper-Gold en el centro de Terranova, superando los desafíos de las fuertes nevadas. La empresa ha movilizado el equipo de perforación al campamento y está lista para comenzar la perforación este fin de semana.
El programa de perforación planificado se centrará en hasta diez anomalías geofísicas de alta prioridad a lo largo de 1,100 metros de perforación. La empresa ha asegurado acceso sin restricciones al sitio a través de la limpieza de caminos principales y mejoras adicionales necesarias debido a las nevadas inusualmente altas.
Falcon Gold Corp. (FGLDF)는 중앙 뉴펀들랜드의 Great Burnt Copper-Gold 프로젝트에서 도로 제설 및 접근 개선 작업을 성공적으로 완료하였으며, 폭설로 인한 도전 과제를 극복하였습니다. 회사는 캠프로 드릴 장비를 이동시켰으며 이번 주말에 드릴링을 시작할 예정입니다.
계획된 드릴링 프로그램은 최대 10개의 고우선 geophysical anomalies를 1,100미터에 걸쳐 목표로 할 것입니다. 이 회사는 주 도로 청소 및 비정상적으로 많은 눈으로 인해 필요한 추가 개선을 통해 현장에 대한 제한 없는 접근을 확보하였습니다.
Falcon Gold Corp. (FGLDF) a terminé avec succès le déneigement des routes et les améliorations d'accès à son projet Great Burnt Copper-Gold au centre de Terre-Neuve, surmontant les défis posés par de fortes chutes de neige. L'entreprise a mobilisé l'équipement de forage au camp et s'apprête à commencer le forage ce week-end.
Le programme de forage prévu ciblera jusqu'à dix anomalies géophysiques de haute priorité sur 1 100 mètres de forage. L'entreprise a sécurisé un accès illimité au site grâce au déneigement de la route principale et aux améliorations supplémentaires nécessaires en raison des chutes de neige exceptionnellement élevées.
Falcon Gold Corp. (FGLDF) hat erfolgreich Straßenräumung und Zugangsverbesserungen an ihrem Great Burnt Copper-Gold-Projekt in Zentral-Neufundland abgeschlossen und dabei Herausforderungen durch starken Schneefall überwunden. Das Unternehmen hat Bohrgeräte ins Camp mobilisiert und plant, an diesem Wochenende mit dem Bohren zu beginnen.
Das geplante Bohrprogramm wird sich auf bis zu zehn hochpriorisierte geophysikalische Anomalien über 1.100 Meter Bohrtiefe konzentrieren. Das Unternehmen hat uneingeschränkten Zugang zur Baustelle durch die Freigabe der Hauptstraße und zusätzliche Verbesserungen, die durch den ungewöhnlich hohen Schneefall erforderlich wurden, sichergestellt.
- Successfully completed site access preparations despite challenging weather conditions
- Ready to commence 1,100-meter drilling program targeting 10 high-priority anomalies
- Drill equipment successfully mobilized to camp
- Weather-related delays and additional work required due to heavy snowfall
Announces Drilling to Commence This Weekend at Great Burnt Project
Toronto, Ontario--(Newsfile Corp. - February 19, 2025) - Falcon Gold Corp. (TSXV: FG) (OTC Pink: FGLDF) (FSE: 3FA) ("Falcon" or the "Company") is pleased to announce that it has successfully completed road plowing and access improvements at its Great Burnt Copper-Gold Project in Central Newfoundland. Despite challenges posed by heavy snowfall, the Company has ensured full accessibility to the drill site and has now mobilized its drill equipment to camp. With all logistics in place, drilling is set to commence by this weekend.
Key Highlights:
Road Plowing & Site Access Secured: The primary access road has been cleared, ensuring unrestricted movement of personnel and equipment.
Additional Improvements Due to Heavy Snowfall: Unseasonably high snowfall required further access enhancements, which were swiftly addressed to maintain project timelines.
Drill Equipment Mobilized: With all access challenges resolved, Falcon Gold has successfully transported its drill equipment to camp, allowing for an efficient transition into the drilling phase.
Drilling to Begin This Weekend: The Company is now fully prepared to commence drilling at Great Burnt, targeting up to ten high-priority geophysical anomalies over a planned 1,100 metres of drilling.
CEO Commentary:
"Our team has worked diligently to overcome the logistical challenges caused by heavy snowfall, ensuring seamless access to our drill site," said Karim Rayani, CEO of Falcon Gold Corp. "With the road now fully optimized and our drill equipment mobilized to camp, we are well-positioned to begin drilling at the Great Burnt Copper-Gold Project by this weekend. This is a key milestone in advancing our exploration efforts, and we look forward to providing further updates as work progresses."
Looking Ahead:
Falcon Gold will continue to provide updates as drilling gets underway and exploration advances at Great Burnt. The Company remains committed to overcoming operational challenges and maximizing the project's potential.
Qualified Person
The technical content of this news release has been reviewed and approved by Mike Kilbourne, P.Geo., who is a Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.
About Falcon Gold Corp
Falcon Gold Corp. is a Canadian mineral exploration company focused on acquiring, exploring, and developing high-potential properties across the Americas. The Company's flagship project, the Central Canada Gold Mine, is located near Agnico Eagle's Hammond Reef Gold Deposit, which currently hosts an estimated 3.32 million ounces of gold in mineral reserves (123.5 million tonnes grading 0.84 g/t gold) and 2.3 million ounces of measured and indicated mineral resources (133.4 million tonnes grading 0.54 g/t gold). The Hammond Reef gold property lies on the Hammond shear zone, a northeast-trending splay off the Quetico Fault Zone ("QFZ"), which may be a key control for the gold deposit. Falcon Gold's Central Gold property is situated on a similar major northeast-trending splay of the QFZ.
The Company holds multiple additional projects: the Viernes Gold/Silver/Copper project in the world-class copper cluster located in Antofagasta, Chile; the Springpole West Property in the world-renowned Red Lake mining camp; a
Contact Information:
Falcon Gold Corp.
Karim Rayani
Chief Executive Officer, Directo
Telephone: (604) 716-0551
Email: k@r7.capital
Cautionary Language and Forward-Looking Statements
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241464
FAQ
When will Falcon Gold (FGLDF) start drilling at the Great Burnt Project?
How many meters of drilling is planned for FGLDF's Great Burnt Project?
How many geophysical anomalies will FGLDF target in its Great Burnt drilling program?
What challenges did FGLDF face in preparing the Great Burnt Project site?
