Falcon Gold Corp, Engages Warrior Drilling at Its Great Burnt Copper - Gold Project
Falcon Gold Corp (TSXV: FG) has engaged Warrior Drilling to conduct exploration operations at its Great Burnt Project in Newfoundland's Central Belt. The company plans to initiate a 10-hole drill program targeting areas identified through geophysics and historical drilling.
The decision follows recent successful discoveries in the region, notably by Benton Resources, which reported 7.47% Cu over 22m including 8.0m of 11.93% Cu at its Great Burnt Main Zone. Falcon Gold believes the mineralized structure extends northward through its project area.
The company is currently preparing its exploration camp and mobilizing equipment. Additionally, Falcon Gold has signed a 4-month service agreement with Empire Market Ventures for digital marketing services, with a fee of $30,000 USD, pending TSX Venture approval.
Falcon Gold Corp (TSXV: FG) ha ingaggiato Warrior Drilling per condurre operazioni di esplorazione presso il suo Great Burnt Project nella Central Belt del Newfoundland. L'azienda prevede di avviare un programma di perforazione di 10 pozzi mirato a aree identificate attraverso geofisica e perforazioni storiche.
Questa decisione segue recenti scoperte di successo nella regione, in particolare da parte di Benton Resources, che ha riportato 7.47% Cu su 22m, inclusi 8.0m di 11.93% Cu nella sua Great Burnt Main Zone. Falcon Gold crede che la struttura mineralizzata si estenda verso nord attraverso la sua area di progetto.
L'azienda sta attualmente preparando il suo campo di esplorazione e mobilitando le attrezzature. Inoltre, Falcon Gold ha firmato un contratto di servizio di 4 mesi con Empire Market Ventures per servizi di marketing digitale, con una commissione di $30,000 USD, in attesa di approvazione da parte della TSX Venture.
Falcon Gold Corp (TSXV: FG) ha contratado a Warrior Drilling para realizar operaciones de exploración en su Great Burnt Project en la Central Belt de Newfoundland. La empresa planea iniciar un programa de perforación de 10 pozos dirigido a áreas identificadas a través de geofísica y perforaciones históricas.
La decisión sigue a recientes descubrimientos exitosos en la región, notablemente por Benton Resources, que reportó 7.47% Cu sobre 22m, incluyendo 8.0m de 11.93% Cu en su Great Burnt Main Zone. Falcon Gold cree que la estructura mineralizada se extiende hacia el norte a través de su área de proyecto.
La empresa está actualmente preparando su campamento de exploración y movilizando equipos. Además, Falcon Gold ha firmado un contrato de servicio de 4 meses con Empire Market Ventures para servicios de marketing digital, con una tarifa de $30,000 USD, pendiente de aprobación por parte de TSX Venture.
팔콘 골드 주식회사 (TSXV: FG)는 뉴펀들랜드 중앙 벨트에 위치한 그레이트 번트 프로젝트에서 탐사 작업을 수행하기 위해 워리어 드릴링을 고용했습니다. 회사는 지구물리학 및 역사적 드릴링을 통해 확인된 지역을 목표로 하는 10개 구멍 드릴 프로그램을 시작할 계획입니다.
이 결정은 최근 벤튼 리소스에 의해 성공적인 발견이 있었던 지역을 따릅니다. 벤튼 리소스는 그레이트 번트 메인 존에서 22m에 걸쳐 7.47% Cu, 11.93% Cu의 8.0m 포함을 보고했습니다. 팔콘 골드는 광물화된 구조가 프로젝트 지역을 통해 북쪽으로 확장된다고 믿고 있습니다.
회사는 현재 탐사 캠프를 준비하고 장비를 이동 중입니다. 또한, 팔콘 골드는 Empire Market Ventures와 디지털 마케팅 서비스에 대한 4개월 서비스 계약을 체결했으며, 수수료는 $30,000 USD이며, TSX 벤처의 승인을 기다리고 있습니다.
Falcon Gold Corp (TSXV: FG) a engagé Warrior Drilling pour réaliser des opérations d'exploration sur son projet Great Burnt dans la Central Belt de Terre-Neuve. L'entreprise prévoit de lancer un programme de forage de 10 trous ciblant des zones identifiées grâce à la géophysique et aux forages historiques.
Cette décision fait suite à des découvertes récentes réussies dans la région, notamment par Benton Resources, qui a rapporté 7,47% Cu sur 22m, incluant 8,0m de 11,93% Cu dans sa Great Burnt Main Zone. Falcon Gold pense que la structure minéralisée s'étend vers le nord à travers son aire de projet.
L'entreprise prépare actuellement son camp d'exploration et mobilise l'équipement. De plus, Falcon Gold a signé un contrat de service de 4 mois avec Empire Market Ventures pour des services de marketing numérique, avec un tarif de 30 000 USD, en attente de l'approbation de la TSX Venture.
Falcon Gold Corp (TSXV: FG) hat Warrior Drilling beauftragt, um Erkundungsarbeiten an seinem Great Burnt Project im Central Belt von Neufundland durchzuführen. Das Unternehmen plant, ein 10-Loch-Bohrprogramm zu starten, das auf Bereiche abzielt, die durch Geophysik und historische Bohrungen identifiziert wurden.
Die Entscheidung folgt auf kürzlich erfolgreiche Entdeckungen in der Region, insbesondere von Benton Resources, die 7,47% Cu über 22m, einschließlich 8,0m von 11,93% Cu in ihrer Great Burnt Main Zone berichteten. Falcon Gold glaubt, dass sich die mineralisierte Struktur nach Norden durch sein Projektgebiet erstreckt.
Das Unternehmen bereitet derzeit sein Erkundungscamp vor und mobilisiert Ausrüstung. Darüber hinaus hat Falcon Gold einen 4-monatigen Dienstleistungsvertrag mit Empire Market Ventures für digitale Marketingdienstleistungen unterzeichnet, mit einer Gebühr von 30.000 USD, die auf die Genehmigung durch die TSX Venture wartet.
- Strategic location near Benton Resources' high-grade copper discovery (7.47% Cu over 22m)
- Immediate commencement of 10-hole drill program
- Project located in proven mineralization zone with extension potential
- Additional $30,000 USD marketing expense
- No immediate revenue generation from exploration activities
Toronto, Ontario--(Newsfile Corp. - February 14, 2025) - Falcon Gold Corp. (TSXV: FG) (FSE: 3FA) ("Falcon" or the "Company") announces that it has engaged Warrior Drilling to take over exploration operations at its Great Burnt Project in Newfoundland. This decision aligns with Falcon Gold's strategy to accelerate exploration in a district that continues to demonstrate strong potential for high-grade copper and gold mineralization.
The Great Burnt Project is located in Newfoundland's Central Belt, an area that has been the focus of significant exploration success. Recent discoveries by Benton Resources (TSXV: BEX) and other regional explorers have highlighted the potential for high-grade copper and gold mineralization. Based on structural analysis and historical data, Falcon Gold believes that the mineralized structure extends northward through its project area, presenting a compelling exploration opportunity. Benton Resources recently announced
The Company is currently preparing its exploration camp and mobilizing equipment to begin an initial 10-hole drill program. The program will focus on priority targets identified through geophysics and historical drilling, with the goal of expanding known mineralization and testing new high-potential zones along the interpreted structure.
CEO Karim Rayani, commented:
"With the success seen at Benton Resources and others in the area, we are highly encouraged by the potential at Great Burnt. Our geological team believes the mineralized structure extends north into our project, and this drill program will test that theory. We are excited to get drills turning and look forward to sharing results with our shareholders."
Once drilling commences, Falcon Gold expects to release assay results in the coming weeks, providing updates as exploration advances.
Service Agreement
The Company also notes it has signed a service agreement with Empire Market Ventures LLC., a U.S based public relations firm with a focus on digital media to enhance the Company's online presence and investor outreach. Empire will provide targeted digital marketing services, content creation, through social media campaigns, pod casts, and email outreach, all with a focus on increasing the company's visibility and engagement. Empire will be engaged for a period of 4-months and paid a fee of
About Warrior Drilling
Warrior Drilling is a leading mineral exploration contractor specializing in high-precision drilling services across Canada. With a strong track record supporting junior and senior mining companies, Warrior Drilling is dedicated to efficient and high-quality exploration programs.
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 is a Canadian mineral exploration company focused on generating, acquiring, and exploring opportunities in the Americas. Falcon's flagship project, the Central Canada Gold Mine, is approximately 20 km southeast of Agnico Eagle's Hammond Reef Gold Deposit which currently has an estimated 3.32 million ounces of gold (123.5 million tonnes grading 0.84 g/t gold) mineral reserves 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, which is a northeast-trending splay off the Quetico Fault Zone ("QFZ") and may be the control for the gold deposit. The Central Gold property lies 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"
Karim Rayani
Chief Executive Officer, Director
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/240944
FAQ
What are the recent drilling results near Falcon Gold's (FGLDF) Great Burnt Project?
How many drill holes is Falcon Gold (FGLDF) planning for its Great Burnt Project?
What is the cost of Falcon Gold's (FGLDF) new marketing agreement with Empire Market Ventures?
Where is Falcon Gold's (FGLDF) Great Burnt Project located?
