Falcon Reports the Status of Drill Program at Great Burnt Copper Project, Newfoundland
Falcon Gold Corp. (TSXV:FG, OTCQB:FGLDF) reports on the status of its inaugural drill program at the 100%-owned Great Burnt Copper Project in Central Newfoundland. The company faced delays due to high water levels and had to apply for additional permits to build 8 km of road to access the drill site. Drilling is expected to commence soon, testing up to ten geophysical anomalies with a maximum of 1100 metres of drilling.
Falcon holds 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 the nearby Great Burnt Copper Zone reporting indicated resources of 381,300 tonnes at 2.68% Cu and inferred resources of 663,100 tonnes at 2.10% Cu. Recent drilling in the area has yielded impressive results, including 7.20% Cu over 12.30 metres.
Falcon Gold Corp. (TSXV:FG, OTCQB:FGLDF) riferisce sullo stato del suo programma di perforazione inaugural al 100%-possesso Great Burnt Copper Project nel Centro di Terranova. La società ha affrontato ritardi a causa di livelli elevati d'acqua e ha dovuto richiedere permessi aggiuntivi per costruire 8 km di strada per accedere al sito di perforazione. Le perforazioni dovrebbero iniziare presto, testando fino a dieci anomalie geofisiche con un massimo di 1100 metri di perforazione.
Falcon detiene 2.275 ettari nel campo di Great Burnt, adiacente alla joint venture Benton Resources Inc. - Homeland Nickel. L'area è nota per depositi di rame ad alta legge, con la vicina Great Burnt Copper Zone che riporta risorse indicate di 381.300 tonnellate al 2,68% Cu e risorse inferite di 663.100 tonnellate al 2,10% Cu. Recenti perforazioni nell'area hanno prodotto risultati impressionanti, tra cui 7,20% Cu su 12,30 metri.
Falcon Gold Corp. (TSXV:FG, OTCQB:FGLDF) informa sobre el estado de su programa de perforación inaugural en el Proyecto Great Burnt Copper, de propiedad al 100% en el centro de Terranova. La compañía enfrentó retrasos debido a altos niveles de agua y tuvo que solicitar permisos adicionales para construir 8 km de carretera para acceder al sitio de perforación. Se espera que la perforación comience pronto, probando hasta diez anomalías geofísicas con un máximo de 1100 metros de perforación.
Falcon posee 2.275 hectáreas en el campo Great Burnt, adyacente a la empresa conjunta Benton Resources Inc. - Homeland Nickel. La zona es conocida por depósitos de cobre de alta ley, con la cercana Great Burnt Copper Zone reportando recursos indicados de 381.300 toneladas al 2,68% Cu y recursos inferidos de 663.100 toneladas al 2,10% Cu. Las perforaciones recientes en la zona han arrojado resultados impresionantes, incluyendo 7,20% Cu en 12,30 metros.
팔콘 골드 코퍼레이션 (TSXV:FG, OTCQB:FGLDF)은 센트럴 뉴펀들랜드에 위치한 100% 소유의 그레이트 번트 구리 프로젝트에서 첫 번째 시추 프로그램의 진행 상황을 보고합니다. 회사는 수위가 높아 지연을 겪었습니다 그리고 시추 사이트에 접근하기 위한 8km 도로 건설을 위해 추가 허가를 요청해야 했습니다. 시추는 곧 시작될 예정입니다, 최대 1100미터의 시추로 최대 10개의 지구물리적 이상을 시험할 것입니다.
팔콘은 벤튼 자원 주식회사 - 홈랜드 니켈 합작 투자와 인접한 그레이트 번트 캠프에서 2,275 헥타르를 보유하고 있습니다. 이 지역은 고급 구리 매장량으로 알려져 있으며, 인근의 그레이트 번트 구리존에서는 2.68% Cu의 381,300 톤의 표시 자원과 2.10% Cu의 663,100 톤의 추정 자원을 보고하고 있습니다. 최근 지역에서의 시추 결과는 인상적인 결과를 보여주었으며, 그 중 12.30미터에 걸쳐 7.20% Cu가 포함되어 있습니다.
Falcon Gold Corp. (TSXV:FG, OTCQB:FGLDF) fait rapport sur l'état de son programme de forage inaugural au Projet de cuivre Great Burnt, dont il détient 100 % des droits, situé au centre de Terre-Neuve. L'entreprise a rencontré des retards en raison de niveaux d'eau élevés et a dû demander des permis supplémentaires pour construire 8 km de route afin d'accéder au site de forage. Le forage devrait commencer bientôt, testant jusqu'à dix anomalies géophysiques avec un maximum de 1100 mètres de forage.
Falcon détient 2 275 hectares dans le camp Great Burnt, adjacent au partenariat Benton Resources Inc. - Homeland Nickel. La région est connue pour ses dépôts de cuivre de haute qualité, avec la zone de cuivre Great Burnt à proximité qui fait état de ressources indiquées de 381 300 tonnes à 2,68 % Cu et de ressources inférées de 663 100 tonnes à 2,10 % Cu. Récemment, des forages dans la région ont donné des résultats impressionnants, notamment 7,20 % Cu sur 12,30 mètres.
Falcon Gold Corp. (TSXV:FG, OTCQB:FGLDF) berichtet über den Stand seines ersten Bohrprogramms im 100%-eigenen Great Burnt Copper Project in Zentral-Neufundland. Das Unternehmen hatte Verzögerungen aufgrund von hohen Wasserständen und musste zusätzliche Genehmigungen beantragen, um 8 km Straße zum Bohrstandort zu bauen. Das Bohren soll bald beginnen und bis zu zehn geophysikalische Anomalien mit maximal 1100 Metern Bohren testen.
Falcon hält 2.275 Hektar im Great Burnt Camp, angrenzend an das Joint Venture Benton Resources Inc. - Homeland Nickel. Die Gegend ist bekannt für hochgradige Kupfervorkommen, mit der nahegelegenen Great Burnt Copper Zone, die angegebene Ressourcen von 381.300 Tonnen bei 2,68% Cu und vermutete Ressourcen von 663.100 Tonnen bei 2,10% Cu meldet. Jüngste Bohrungen in der Gegend haben beeindruckende Ergebnisse hervorgebracht, darunter 7,20% Cu über 12,30 Meter.
- Falcon Gold Corp. owns 100% of the Great Burnt Copper Project in a promising copper district
- The company is preparing to commence drilling, testing up to ten geophysical anomalies
- The project is located in an area known for high-grade copper deposits
- Adjacent properties have reported significant copper resources and high-grade drill results
- The company encountered delays in accessing the property due to high water levels
- Additional permits were required to build 8 km of road, causing further delays
VANCOUVER, BC / ACCESSWIRE / August 20, 2024 / Falcon Gold Corp. (TSXV:FG)(GR:3FA)(OTCQB:FGLDF); ("Falcon" or the "Company") is pleased to report on the status of our inaugural drill program at its
Karim Rayani, Chief Executive Officer and director stated: "Falcon is opportunistically positioned in what is shaping up to be Newfoundland's highest-grade copper district. After a small setback in timing, we are nearly ready to commence operations at our
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).
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 and Area 51 Gold/Silver/Copper projects 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 caused delays in Falcon Gold's (FGLDF) Great Burnt Copper Project drilling program?
How many geophysical anomalies will Falcon Gold (FGLDF) test in its Great Burnt Copper Project?
What are the copper resources reported in the adjacent Great Burnt Copper Zone?
What was the highest copper grade reported in recent drilling near Falcon Gold's (FGLDF) property?
