FinancialBuzz.com’s latest Buzz on the Street Show: Featuring Our Corporate News Recap on “Falcon Reports Gold Intersections in Holes CC 20 – 12, – 13 and – 14, and Provides Outline for 2021 Exploration at the Central Canada Mine Property, NW Ontario.”
Falcon Gold Corp. (OTC: FGLDF) (TSX-V: FG) (GR:3FA); (“Falcon” or the “Company”) reports the Company has received the preliminary gold analyses for the balance of drill hole CC 20 – 12 and for all of holes CC 20 – 13 and – 14. The Company has recently delivered an additional 308 samples from drill holes CC 20 – 15, – 16 and – 17. In addition, Falcon’s geological team is re-examining the core from holes CC 20 – 04 to – 07 and sampling several intervals of mineralized and altered felsic porphyries that may contain important gold zones previously not recognized. For example, at 114m, drill hole, CC 20 – 07, intersected 1m grading 7.23 grams/tonne gold (“g/t Au”). Upon re-examination, this vein was found to contain fine visible grains of gold that prompted the geologists to sample intervals above and below the vein and to extend in fill sampling of the core to the end of the hole at 200.8m.
Falcon is a Canadian mineral exploration company focused on generating, acquiring, and exploring opportunities in the Americas. Falcon’s flagship project, the Central Canada Gold Mine, is approximately 20 km south east of Agnico Eagle’s Hammond Reef Gold Deposit which has currently estimated 3.32 million ounces of gold (123.5 million tonnes grading 0.84 g/t gold) mineral reserves, and 2.3 million ounces of measured and indicated mineral resources (133.4 million tonnes grading 0.54 g/t gold). The Hammond Reef gold property lies on the Hammond shear zone, which is a northeast-trending splay off of the Quetico Fault Zone (“QFZ”) and may be the control for the gold deposit. The Central Gold property lies on a similar major northeast-trending splay of the QFZ.
For more information, please visit: Falcon Gold Corp.
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