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FALCON GOLD CORP - FGLDF STOCK NEWS

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FALCON GOLD CORP (FGLDF) is a Canadian mineral exploration company focused on generating, acquiring, and exploring opportunities. The company's core project, the Great Burnt Copper Project in Central Newfoundland, is strategically located in a high potential area for copper and gold mineralization. Falcon aims to capitalize on the untapped VMS potential of the region, with plans to conduct extensive drilling and exploration to unlock the mineral wealth of the Great Burnt Greenstone Belt. The company's commitment to delivering value to shareholders is evident through its strategic acquisitions and exploration efforts in key jurisdictions known for significant mineral resources.

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Falcon Gold Corp. closes final tranche of private placement, raising $159,455.01. Proceeds to be used for general working capital and exploration. Company issues 5,315,167 units at $0.03 per unit.
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Falcon Gold Corp. (FG:TSX-V)(3FA:GR)(FGLDF:OTCQB) has filed a drill permit application for its Great Burnt Copper Project in central Newfoundland, planning to conduct diamond drilling in Q1 2024. The project aims to test up to 10 geophysical anomalies with a maximum of 1100 meters of drilling. Falcon holds 2,275 hectares in the Great Burnt Camp, with licenses located north of, and contiguous to the Benton-Spruce Ridge Great Burnt Copper-Gold joint venture, which hosts the Great Burnt Copper Zone, a deposit with an indicated resource of 381,300 tonnes at 2.68% Cu and inferred resources of 663,100 tonnes at 2.10% Cu. Recent drilling by Benton Resources Inc. over the Great Burnt Copper Deposit reported drill results that returned 7.20% Cu, 7.12 g/t Ag and 0.05% Co over 12.30 meters. 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 Property is hosted within the Great Burnt greenstone belt (GBGB) which hosts massive sulphide deposits that have been interpreted as Besshi-type. Falcon's ground lies along the same conductive trend which hosts significant gold and copper mineralization held by Benton Resources Joint Venture, yet have never been drill tested or subjected to any systematic exploration programs. Falcon is setting up for a very busy 2024, we will be reporting back on the commencement of drilling once final approvals are received.
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Falcon Gold Corp. (FG) completed the option and work requirements on the Central Canada project to earn its 100% interest in the project located in Atikokan, Ontario. Falcon renegotiated the annual pre-production payments and plans to return to the project in 2024. The company is also focusing on its Newfoundland property portfolio. Phase III drilling will be up to 2,000 meters at the historic Central Canada Mine Project, targeting the J.J Walshe Zone and the Monte Zone.
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Falcon Gold Corp. has acquired 91 claims totaling 2,275 hectares in the Great Burnt base-metal rich greenstone belt in central Newfoundland. The Great Burnt greenstone belt hosts the Great Burnt Copper Zone with indicated resources of 381,300 tonnes at 2.68% Cu and inferred resources of 663,100 tonnes at 2.10% Cu. Recent drilling reported 8.06% Cu over 27.2m. The Property is located 4km west of the Crest Resources-Exploits Discovery joint venture project.
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Marvel Discovery Corp. and Falcon Gold Corp. have received assay results from the Kraken project in Southern Newfoundland. Multiple critical and rare earth element anomalies have been identified, including high levels of lithium, lanthanum, cerium, tantalum, niobium, and beryllium. The companies are reviewing the significance of these anomalies and plan to develop an exploration program for further follow-up.
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Falcon Gold Corp. has received assay results from the Kraken project in Southern Newfoundland, revealing multiple anomalies including gold-silver-copper-lead-arsenic, tungsten, molybdenite, and critical and rare elements. The company collected 178 rock samples and identified high levels of lithium, lanthanum, cerium, tantalum, niobium, and beryllium. The potential for pegmatites in the area suggests significant potential for further discovery.
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Falcon Gold Corp. receives assay results from exploration program in Newfoundland, identifying multiple anomalies including critical and rare earth elements. Highest results include 22.1% anomalous Lithium, 20.8% anomalous Lanthanum, and 34.2% anomalous Cerium. Company plans further review and exploration program.
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Falcon Gold Corp. announces assay results from Gun Flap Hill project in Southern Newfoundland. Multiple anomalies including Copper-Tantalum-Vanadium, Gold, Nickel-Chromium, and Critical and Rare Elements identified. Potential for new discoveries highlighted. Gold values considered anomalous. Highly prospective land position. Close proximity to known gold deposits. Financial assistance applied for through JEA Program.
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Marvel Discovery Corp. and Falcon Gold Corp. have announced that Falcon Gold has applied for drill permits to carry out activities on their Golden Brook prospects within the Hope Brook Property in southern Newfoundland. The permit applications include portable drilling across the property and diamond drill testing of prospects within the Kraken-Hydra trend. The drill program aims to test for potential lithium, tantalum, and cesium-bearing pegmatites. Marvel JV Partner, Falcon Gold, has also applied for financial assistance for the project through Newfoundland's Junior Exploration Assistance Program.
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FAQ

What is the current stock price of FALCON GOLD (FGLDF)?

The current stock price of FALCON GOLD (FGLDF) is $0.0235 as of November 22, 2024.

What is the market cap of FALCON GOLD (FGLDF)?

The market cap of FALCON GOLD (FGLDF) is approximately 3.9M.

What is FALCON GOLD CORP (FGLDF) focused on?

FALCON GOLD CORP is focused on generating, acquiring, and exploring mineral exploration opportunities in the Americas.

Where is the core project of FALCON GOLD CORP located?

The core project of FALCON GOLD CORP is the Great Burnt Copper Project in Central Newfoundland.

What is the strategic significance of the Great Burnt Copper Project?

The Great Burnt Copper Project is located in a high potential area for copper and gold mineralization, with untapped VMS potential.

What are Falcon's plans for the Great Burnt Greenstone Belt?

Falcon plans to conduct extensive drilling and exploration to unlock the mineral wealth of the Great Burnt Greenstone Belt.

How does Falcon demonstrate its commitment to shareholders?

Falcon demonstrates its commitment through strategic acquisitions, exploration efforts, and delivering value to shareholders.

FALCON GOLD CORP

OTC:FGLDF

FGLDF Rankings

FGLDF Stock Data

3.93M
135.29M
8.43%
Gold
Basic Materials
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United States of America
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