FALCON GOLD CORP - FGLDF STOCK NEWS

Falcon Gold Corp (TSXV:FG)(FRA:3FA)(OTCQB:FGLDF) has expanded its Gaspard Property land position in British Columbia from 3,955 hectares to 7,969 hectares. This area is geopolitically significant, covering geology similar to the Spences Bridge Gold Belt, home to prominent gold projects. Recent heavy mineral concentrate results indicate gold anomalies extend over 5km. CEO Karim Rayani emphasizes the potential of the newly acquired land. Falcon has chosen not to pursue an option agreement for the McCaul Hutchinson property in Ontario.

Falcon Gold Corp. (FGLDF) announces a Phase III drill program for March 2022 on its Central Canada Gold Project in Ontario, following 26 completed diamond drill holes. This phase will include 3 holes, totaling around 1,000m, targeting depths of 200 to 300m to extend gold zones beyond 160m. Previous highlights include gold assays of 1.35 g/t Au over 4.1m and 1.57 g/t Au over 14.8m. CEO Karim Rayani expressed eagerness to explore deeper, potentially uncovering high-grade domains.

Falcon Gold Corp. (TSXV:FG)(FRA:3FA)(OTCQB:FGLDF) reported promising results from its 2022 field program on the Gaspard Gold Claims in central BC. Stream sediment samples revealed gold grades of 0.236 g/t, 1.097 g/t, and 0.525 g/t Au, indicating a potential gold source across a 5 km anomaly. The Gaspard Property spans 3,955 hectares in the Clinton Mining District, showcasing geology similar to other productive areas. CEO Karim Rayani expressed excitement about the results and plans for further exploration in 2022.

Falcon Gold Corp (FGLDF) announced the appointment of Michelle Suzuki to its board of directors, bringing over 25 years of experience in publishing and media relations. Previously associated with Stockhouse.com, Suzuki has managed investor communication campaigns for numerous prominent companies across various sectors. CEO Karim Rayani expressed enthusiasm about her joining, highlighting her extensive industry experience. The announcement also includes the resignation of John Bossio from the board, with Suzuki filling the resulting vacancy, potentially signaling a strategic shift in Falcon's governance.

Falcon Gold Corp. has received final approval from TSX Venture to proceed with its acquisition of the Viernes project in Chile, located 122 km southeast of Antofagasta City. The project spans 3,300 hectares and is adjacent to Yamana Gold's El-Peñón mine. Falcon plans to invest US $250,000 over four years, providing share payments totaling 500,000 shares and warrants. Upon completion, Falcon will hold an 80% interest and can acquire the remaining 20% for US $1.5 million. The region is known for its rich mineral endowment, including significant copper and gold resources.

Falcon Gold Corp. (FGLDF) provided a corporate update from CEO Karim Rayani, highlighting significant achievements and future objectives as the new year begins. Key developments include progress at the Central Canada gold project, where drilling has confirmed and extended the mineralization with samples showing over 23 g/t Au. Additionally, Falcon has made strategic acquisitions in Newfoundland, targeting several high-potential zones for exploration. A notable joint venture with Marvel Discovery enhances landholdings significantly. The company remains optimistic about its exploration endeavors in 2022, as it aims to create shareholder value.

Falcon Gold Corp. has signed a Definitive Agreement to acquire the Viernes project in Chile, adjacent to Yamana Gold's El-Penon mine. The project spans 3,300 Ha and is in a well-known copper and gold region. Falcon will pay 500,000 shares and $250,000 in expenditures over four years for an 80% interest. The area has significant production history, with notable mineral reserves. The acquisition enhances Falcon's exploration potential in a competitive mining area.

Falcon Gold Corp. has formed a strategic 50-50 joint venture with Marvel Discovery Corp. to explore 115,175 hectares in the Hope Brook and Baie Verte Brompton Districts. This collaboration aims to optimize exploration efforts and reduce costs while targeting a Tier 1 discovery. The combined land package includes significant geological features linked to historical gold mining, notably the Hope Brook mine which produced 752,163 ounces of gold. The venture also holds potential for lithium exploration and is strategically located near existing gold production sites.