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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. (FGLDF) has initiated its 2021 work programs at the Central Canada Gold Project in Ontario. The geological team will conduct detailed mapping along the 275m strike of the Central Canada mine trend and expand focus to other high-priority gold targets. Aiming to complete up to 20 diamond drill holes over 2,000m, the program will target mineralization in the shaft area and additional promising zones. Falcon plans to utilize AI for analyzing geological surveys to identify complex structures, enhancing drilling success rates.

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Falcon Gold Corp. has established Falcon Gold LatamARG S.A. to oversee operations at its newly acquired Esperanza project in Argentina. Country manager Juan Carlos Navas Diaz, with 25 years of experience, will lead the local team. The company seeks to streamline operations and prepare for initial exploration phases. Falcon's flagship project, the Central Canada Gold Mine, is strategically located near significant gold deposits, with historical mining yielding notable gold grades.

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Falcon Gold Corp. (FGLDF) announced positive preliminary gold analyses from holes CC 20-15, -16, and -17 at its Central Canada property, drilled in December 2020. CEO Karim Rayani expressed satisfaction with the results, noting robust mineralization and plans to further investigate geological controls. Significant gold intervals were reported, including 0.75 g/t and 1.35 g/t grades, indicating continuity of mineralization. A total of 168 additional samples are being assayed to assess broader resource potential. The company aims to incorporate findings into future resource estimations.

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Falcon Gold Corp. (FGLDF) has obtained approval from the TSX Venture Exchange for an option to acquire a 100% interest in the Esperanza Gold, Silver, Copper concessions in La Rioja Province, Argentina. The agreement entails payments totaling 500,000 common shares and warrants over four years, along with a minimum expenditure of US$350,000. The ERSA Property covers 11,768 hectares, located near historical mining sites. Encouraging previous drilling results indicate significant gold and silver mineralization, marking a potential growth avenue for Falcon Gold.

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Falcon Gold Corp. (FGLDF) has received regulatory approval from the TSX Venture Exchange for the purchase of the Gaspard Gold Claims in British Columbia. The acquisition involves a total payment of $15,000, issuance of 200,000 shares, and 200,000 warrants at $0.20 per share. Falcon plans to invest $34,000 in exploration activities on the property this year. The Gaspard Property spans 3,955 hectares and has historical gold geochemical anomalies, necessitating further exploration, including a budget of approximately $250,000 for initial surveys.

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Falcon Gold Corp. (OTC PINK:FGLDF) announced preliminary gold analyses from its drill holes CC 20 - 12, - 13, and - 14, revealing significant intersections such as 10.80 g/t Au over 30 cm in CC 20 - 12. The company has also sent 308 samples from holes CC 20 - 15, - 16, and - 17 for analysis and is reevaluating core from previous holes. The Central Canada property, where Falcon aims to drill up to 20 new holes in 2021, has shown promise for high-grade gold and copper-cobalt sulphides, with a potential for resource estimation. The preliminary results from geophysical surveys confirm significant anomalies in the area.

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Falcon Gold Corp. announced an update on its fall 2020 drilling program at the Central Canada gold mine. Preliminary analyses of drill holes CC20-10, CC20-11, and CC20-12 indicate significant gold mineralization, with CC20-12 showing a weighted average grade of 1.57 g/t Au. Notable intersections from CC20-12 include a meter sampling at 5.68 g/t Au and visible gold at 20.5 g/t Au. The drilling program highlights the mine's potential, with additional assay results pending from 264 samples.

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Falcon Gold Corp (FGLDF) announced a restated agreement to acquire up to a 100% interest in the ERSA mineral concessions in La Rioja, Argentina, currently owned by Esperanza Resources S.A. The property, covering 11,072 hectares, is near historical gold and silver mines. Under the new option agreement, Falcon will initially earn 80% interest by making payments of 500,000 shares and warrants over four years, along with a minimum expenditure of $350,000. Following completion, Falcon can acquire the remaining 20% for an additional 2 million shares and $1.5 million.

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Falcon Gold Corp. has signed a renegotiated agreement to acquire up to 100% interest in the ERSA mineral concessions in La Rioja Province, Argentina. The agreement is pending TSX Venture Exchange approval. The ERSA Property covers 11,072 hectares and is well-located near historical mining sites. The company plans to make total payments of 500,000 shares and 500,000 warrants over four years, alongside minimum expenditures of $350,000. Upon completion, Falcon will own 80%, with an option to acquire the remaining 20% for 2 million shares and $1.5 million.

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Falcon Gold Corp. (FGLDF) has announced its agreement to acquire the Gaspard Claims in central British Columbia, covering 3,955 hectares. This property may extend the Spences Bridge Gold Belt, known for significant gold deposits. CEO Karim Rayani noted the potential of high-grade soil and stream sediment samples. The acquisition involves a payment of $15,000, issuance of 200,000 common shares, and 200,000 warrants. Falcon will also invest $34,000 in exploration during the 2021 season. Historical data indicates promising gold anomalies, suggesting further exploration is warranted.

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FAQ

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

The current stock price of FALCON GOLD (FGLDF) is $0.0164 as of December 20, 2024.

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

The market cap of FALCON GOLD (FGLDF) is approximately 2.8M.

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

2.82M
150.29M
7.68%
Gold
Basic Materials
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United States of America
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