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Falcon Gold Corp. V.FG

Alternate Symbol(s):  FGLDF

Metals & Mining Gold
Falcon Gold Corp. is a Canada-based mineral exploration company focused on generating, acquiring, and exploring opportunities in the Americas. Its flagship project, the Central Canada Gold Mine, is approximately 20 kilometers (km) southeast of Agnico Eagle’s Hammond Reef Gold Deposit. The Hammond Reef gold property lies on the Hammond shear zone, which is a northeast-trending splay off the Quetico Fault Zone (QFZ). It holds multiple additional projects: the Viernes and Area 51 Gold/Silver/Copper projects are located in Antofagasta, Chile; the Springpole West Property in Red Lake mining camp; a 49% interest in the Burton Gold property with Iamgold near Sudbury Ontario; the Spitfire-Sunny Boy; the Great Burnt Copper Project, and Golden Brook projects in Central Newfoundland; and battery metals projects, Timmins West Nickel-Copper-Cobalt Property Ontario, Outarde Nickel-Copper-Cobalt Property, HSP Nickel-Copper property in northern Quebec and the Havre St. Pierre Anorthosite complex.


TSXV:FG - Post by User

Falcon Gold Corp.
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Post by tickerhiton Oct 01, 2020 2:48pm
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Post# 31652307

Falcon Mobilizes Airborne Magnetics Survey For

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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