Falcon Mobilizes Drill Crews At Great Burnt Copper Project In Central Newfoundland
Falcon Gold Corp. (TSXV:FG, OTCQB:FGLDF) has mobilized drill crews and equipment to its Great Burnt Copper Project in Central Newfoundland. The company plans to test up to ten geophysical anomalies with an initial 1,100 meters of drilling. Falcon has completed 3 km of additional road to access the drill site and is applying for a secondary permit for an additional 2,000-3,000 meters of drilling.
The Great Burnt Copper Property covers 2,275 hectares in the Great Burnt camp, adjacent to the Benton Resources Inc. - Homeland Nickel joint venture. The area is known for high-grade copper deposits, with recent drilling by Benton reporting 7.20% Cu over 12.30 metres. Falcon's property is located along a conductive trend that continues from the neighboring joint venture's mineralized corridor.
Falcon Gold Corp. (TSXV:FG, OTCQB:FGLDF) ha mobilitato squadre di perforazione e attrezzature per il suo Progetto di Rame Great Burnt nel Newfoundland Centrale. L'azienda prevede di testare fino a dieci anomalie geofisiche con un'iniziale perforazione di 1.100 metri. Falcon ha completato 3 km di strada aggiuntiva per accedere al sito di perforazione e sta presentando domanda per un permesso secondario per ulteriori 2.000-3.000 metri di perforazione.
La Proprietà Great Burnt Copper copre 2.275 ettari nel campo Great Burnt, adiacente alla joint venture Benton Resources Inc. - Homeland Nickel. L'area è nota per i depositi di rame ad alta legge, con recenti perforazioni da parte di Benton che riportano 7,20% Cu su 12,30 metri. La proprietà di Falcon si trova lungo una tendenza conduttiva che continua dal corridoio mineralizzato della joint venture vicina.
Falcon Gold Corp. (TSXV:FG, OTCQB:FGLDF) ha movilizado equipos y equipos de perforación para su Proyecto de Cobre Great Burnt en el Centro de Terranova. La compañía planea probar hasta diez anomalías geofísicas con una perforación inicial de 1.100 metros. Falcon ha completado 3 km de carretera adicional para acceder al sitio de perforación y está solicitando un permiso secundario para otros 2.000-3.000 metros de perforación.
La Propiedad Great Burnt Copper abarca 2.275 hectáreas en el campamento Great Burnt, adyacente a la joint venture Benton Resources Inc. - Homeland Nickel. La zona es conocida por sus depósitos de cobre de alta ley, con perforaciones recientes de Benton que informan 7.20% Cu sobre 12.30 metros. La propiedad de Falcon se encuentra a lo largo de una tendencia conductiva que continúa desde el corredor mineralizado de la joint venture vecina.
팔콘 골드 Corp. (TSXV:FG, OTCQB:FGLDF)는 중앙 뉴펀들랜드에 있는 그레이트 번트 구리 프로젝트에 드릴 팀과 장비를 배치했습니다. 회사는 초기 1,100 미터의 드릴링으로 최대 열 가지 지구 물리학적 이상 현상을 테스트할 계획입니다. 팔콘은 드릴 사이트 접근을 위해 추가로 3km의 도로를 완공했으며, 추가로 2,000-3,000 미터의 드릴링을 위한 보조 허가를 신청하고 있습니다.
그레이트 번트 구리 소유지는 2,275 헥타르를 차지하며, 벤턴 리소스 Inc. - 홈랜드 니켈 조인트 벤처에 인접해 있습니다. 이 지역은 고품질 구리 매장지로 유명하며, 벤턴의 최근 드릴링에서는 12.30미터에서 7.20% Cu가 보고되었습니다. 팔콘의 소유지는 인근 합작 투자 회사의 광물화된 통로에서 계속되는 전도성 트렌드를 따라 위치해 있습니다.
Falcon Gold Corp. (TSXV:FG, OTCQB:FGLDF) a mobilisé des équipes de forage et des équipements pour son projet de cuivre Great Burnt au centre de Terre-Neuve. L'entreprise prévoit de tester jusqu'à dix anomalies géophysiques avec un forage initial de 1.100 mètres. Falcon a complété 3 km de route supplémentaire pour accéder au site de forage et demande un permis secondaire pour un forage supplémentaire de 2.000 à 3.000 mètres.
La propriété Great Burnt Copper couvre 2.275 hectares dans le camp de Great Burnt, adjacent à la coentreprise Benton Resources Inc. - Homeland Nickel. La zone est connue pour ses dépôts de cuivre de haute qualité, avec des forages récents de Benton rapportant 7,20 % Cu sur 12,30 mètres. La propriété de Falcon est située le long d'une tendance conductrice qui se poursuit depuis le corridor minéralisé de la coentreprise voisine.
Falcon Gold Corp. (TSXV:FG, OTCQB:FGLDF) hat Bohrteams und Ausrüstung mobilisiert für sein Great Burnt Copper Projekt in Zentral-Neufundland. Das Unternehmen plant, bis zu zehn geophysikalische Anomalien zu testen mit einer anfänglichen Bohrtiefe von 1.100 Metern. Falcon hat 3 km zusätzliche Straße gebaut, um den Bohrstandort zu erreichen, und beantragt eine sekundäre Genehmigung für weitere 2.000-3.000 Meter Bohrungen.
Die Great Burnt Copper Liegenschaft umfasst 2.275 Hektar im Great Burnt Camp, angrenzend an das Joint Venture Benton Resources Inc. - Homeland Nickel. Die Gegend ist bekannt für hochgradige Kupferablagerungen, wobei die aktuellen Bohrungen von Benton 7,20% Cu über 12,30 Meter berichten. Die Liegenschaft von Falcon liegt entlang eines leitfähigen Trend, der sich vom mineralisierten Korridor des angrenzenden Joint Ventures fortsetzt.
- Initiation of drilling program at the Great Burnt Copper Project
- Strategic location in a high-grade copper district in Newfoundland
- Completed 3 km of additional road access to the drill site
- Planning to test up to ten geophysical anomalies
- Application for secondary permit to expand drilling program by 2,000-3,000 meters
- Previous delays in accessing the property due to high water levels
VANCOUVER, BC / ACCESSWIRE / September 9, 2024 / Falcon Gold Corp. (TSXV:FG)(GR:3FA)(OTCQB:FGLDF) ("Falcon" or the "Company") is pleased to report drill crews and equipment are now being mobilized to our Great Burnt Copper Project (the "Property") located in Central Newfoundland. The Company previously encountered delays earlier this spring due to high water levels in accessing the Property. The Company has now completed 3 km of additional road to the drill site from the government access road which we share with Benton Resources.
Karim Rayani, Chief Executive Officer and director stated: "We are very excited to have mobilized drill crews and equipment for inaugural drill campaign at our Great Burnt Project. Falcon is perfectly situated in what is shaping up to be Newfoundland's highest-grade copper district. Drilling is set for testing up to ten geophysical anomalies initially with 1100 metres of drilling. An application for a secondary permit for an additional 2000m to 3000m is now ongoing."
The Great Burnt Copper Property
Falcon holds 2,275 hectares in the Great Burnt camp, with licenses located north of, and contiguous to, Benton Resources Inc. - Homeland Nickel (previously known as Spruce Ridge Resources Ltd.) Great Burnt Copper-Gold joint venture (see Figure 1). Benton Resources Inc. ("Benton") optioned the Great Burnt Copper-Gold Project from Spruce Ridge Resources Ltd. (now known as Homeland Nickel) in an agreement that allowed Benton to earn a
The Great Burnt Greenstone Belt is prospective for copper and gold and further hosts the South Pond A and South Pond B copper-gold zones and the End Zone copper prospect along a 14 km mineralized corridor. The mineralized corridor occurs along a conductive trend, and this conductive trend continues into Falcon's Great Burnt Copper Property (see right-hand-side image in Figure 1).
Figure 1. Drill Target Location Map at Great Burnt Copper Project with Falcon Claims in Red and Benton - Homeland Nickel (previously Spruce Ridge) Great Burnt Copper-Gold joint venture in Green.
Figure 2. Great Burnt Copper Project area with Falcon claims in orange and Benton - Homeland Nickel (previously Spruce Ridge) Great Burnt Copper-Gold joint venture in blue. New claims cover conductive trends hosting copper and gold mineralization.
Qualified Person
The technical content of this news release has been reviewed and approved by Mike Kilbourne, P.Geo., 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
Falcon Gold Corp.
"Karim Rayani"
CONTACT INFORMATION:
Karim Rayani
Chief Executive Officer, Director
Telephone: (604) 716-0551
Email: info@falcongold.ca
CHF Capital Markets
Cathy Hume
Telephone: (416) 868-1079 x 251
Email: cathy@chfir.com
Website: www.falcongold.ca
Twitter: @FalconGoldCorp
Facebook: @FalconGoldCorp
LinkedIn: @FalconGoldCorp
Instagram: @FalconGoldCorp
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.
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.
SOURCE: Falcon Gold Corp.
View the original press release on accesswire.com
FAQ
What is Falcon Gold's (FGLDF) initial drilling plan for the Great Burnt Copper Project?
How many hectares does Falcon Gold (FGLDF) hold in the Great Burnt camp?
What recent drilling results were reported by Benton Resources near Falcon Gold's (FGLDF) property?
Has Falcon Gold (FGLDF) applied for additional drilling permits at the Great Burnt Copper Project?
