TSXV:FG - Post Discussion
Post by
tickerhit on Oct 01, 2020 2:48pm
Falcon Mobilizes Airborne Magnetics Survey For
| Central Canada Gold Project, Ontario | | 2020-10-01 02:45:34 PM ET (MT Newswires) | | | |
| | | | 02:45 PM EDT, 10/01/2020 (MT Newswires) -- Falcon Gold (FG.V) reports that it has contracted ProspectAir of Gatineau, Quebec to complete an airborne geophysics survey of the 10,000-hectare Central Canada Gold Project in Northwestern Ontario. The survey will consist of high-resolution airborne magnetics and time-domain electromagnetic data collection over 1510-line kilometers at 100m spacing. The high-resolution data will also assist in determining drill targets at the Central Canada Mine in which gold mineralization is open in both the east and west directions. The company has also discovered new data in the vendors' paper archives from 1966 where an article in the Northern Miner on December 15th, 1966 listed a map with four high-grade zones (outlining grab and channel samples ranging 0.5 oz/t gold or higher) outside of the current drilling area. The company intends to examine and ground-truth these areas before finalizing the second stage of drilling. Price: 0.16, Change: -0.01, Percent Change: -3.12 | |
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