Falcon Gold Corp

Falcon Gold Closes $300,000 Private Placement

FALCON GOLD CORP. (FG: TSX-V), (3FA: GR), (FGLDF: OTCQB); ("Falcon" or the "Company") announces the Company has closed its non-brokered private placement previously announced August 10th, 2022. and has issued 4,000,000 common shares for proceeds of $ 300,000. Each Unit priced at 7.5 cents consists of one common share and one common share purchase warrant priced at 10 cents for a 36-month term. The shares will be subject to a standard 4 month hold period (TSX.V Policy) no finders fees have been paid. Proceeds from the offering are for general working capital purposes and exploration expenditures.

The closing of the Private Placement is subject to TSX Venture Exchange approval.

Insider Participation

Chief Executive Officer and Director Karim Rayani has subscribed for 1,000,000 Units for a total of $ 75,000, and James Farley, director of the Company, has subscribed for 400,000 Units for a total of $30,000.

About Falcon Gold Corp.

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 20km southeast 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 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.

The Company holds 14 additional projects: The Esperanza Gold/Silver/Copper mineral concessions located in La Rioja Province, Argentina, The Viernes Gold/Silver/Copper project in Antofagasta Chile, The Springpole West Property in the world-renowned Red Lake mining camp; a 49% interest in the Burton Gold property with Iamgold near Sudbury Ontario; and in B.C., the Spitfire-Sunny Boy, Gaspard Gold claims; and most recently the Great Burnt, Hope Brook, and Baie Verte acquisitions adjacent to First Mining, Matador, Benton-Sokoman's JV, and Marvel Discovery in Central Newfoundland.

CONTACT INFORMATION:

Falcon Gold Corp.

Karim Rayani

Chief Executive Officer, Director

Telephone: (604) 716-0551

Email: k@r7.capital

Cautionary Language and Forward-Looking Statements

This news release may contain forward looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, etc. Forward looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Source

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Falcon Gold (TSXV:FG)

Falcon Gold


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Falcon Hires Centreline for Great Burnt Drilling

Falcon Hires Centreline for Great Burnt Drilling

Falcon Gold Corp. (FG:TSXV)(3FA:GR)(FGLDF:OTCQB); ("Falcon" or the "Company") is pleased to announce that the Company has awarded a drilling contract to CentreLine Drilling of Newfoundland to conduct a diamond drilling program at its 100% owned Great Burnt Copper Project in Central Newfoundland. The Company initially plans to test up to ten geophysical anomalies with a maximum of 1100 metres of drilling. Falcon will provide further guidance on an estimated drill start date once logistics for the program are determined and remaining service providers are confirmed

Falcon holds 2,275 hectares in the Great Burnt camp, with licenses located north of, and contiguous to, Benton Resources Inc. - Spruce Ridge Resources Ltd. Great Burnt Copper-Gold joint venture (see Figure 1). Benton Resources Inc. ("Benton") recently optioned the Great Burnt Copper-Gold Project from Spruce Ridge Resources Ltd. ("Spruce Ridge") in an agreement that allows Benton to earn a 70% interest in the property (see press release dated August 17, 2023). The Benton-Spruce Ridge property is host to the Great Burnt Copper Zone, a deposit with an indicated resource of 381,300 tonnes at 2.68% Cu and inferred resources of 663,100 tonnes at 2.10% Cu (https://www.spruceridgeresources.com/great-burnt.php). Recent drilling by Benton at the Great Burnt Copper Deposit reported drill results that returned 7.20% Cu, 7.12 g/t Ag, and 0.05% Co over 12.30 metres (see press release dated December 5, 2023). Previous drilling in 2020 by Spruce Ridge reported 8.06% Cu over 27.2 m (TSXV: SHL press release dated March 18, 2021). The Great Burnt Greenstone Belt is prospective for copper and gold, and further hosts the South Pond A and South Pond B copper-gold zones, and the End Zone copper prospect along a 14 km mineralized corridor. The mineralized corridor occurs along a conductive trend, and this conductive trend continues into Falcon's Great Burnt Copper Property (see right-hand-side image in Figure 2). The presence of mineral occurrences within ground adjacent to Falcon's Great Burnt Copper Property cannot be used as an indication of mineralization within Falcon's property itself.

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CORRECTION BY SOURCE: Falcon Receives Drill Permit Approval at Great Burnt Copper Project Adjacent to Benton, Central Newfoundland

CORRECTION BY SOURCE: Falcon Receives Drill Permit Approval at Great Burnt Copper Project Adjacent to Benton, Central Newfoundland

The release issued this morning has been corrected and replaced due to an update.

Falcon Gold Corp. (TSX-V:FG)(GR:3FA)(OTCQB:FGLDF); ("Falcon" or the "Company") is pleased to announce that the Company has received drill permit approval to conduct a diamond drilling program at its Great Burnt Copper Project in central Newfoundland. The Company initially plans to test up to ten geophysical anomalies with a maximum of 1100 metres of drilling. The Company will provide further guidance on an estimated drill start date once logistics for the program are determined and service providers are confirmed

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Falcon Recieves Drill Permit Approval at Great Burnt Copper Project Adjacent to Benton, Central Newfoundland

Falcon Recieves Drill Permit Approval at Great Burnt Copper Project Adjacent to Benton, Central Newfoundland

Falcon Gold Corp. (FG:TSX-V)(3FA:GR)(FGLDF:OTCQB); ("Falcon" or the "Company") is pleased to announce the company has received drill permit approval to commence diamond drilling at its Great Burnt Copper Project in Central Newfoundland. The Company will be reporting back in the coming week once drill contractors have been finalized. Falcon initially plans to test up to 10 geophysical anomalies with a maximum of 1100 meters of drilling

Falcon holds 2,275 hectares in the Great Burnt Camp, with licenses located north of, and contiguous to the Benton-Spruce Ridge Great Burnt Copper-Gold joint venture (see Figure 1). Benton Resources Inc. recently optioned the Great Burnt Copper Gold Project from Spruce Ridge Resources Ltd. In an agreement that allows Benton to earn a 70% interest in the property (press release dated August 17, 2023). The Benton-Spruce Ridge property is host to the Great Burnt Copper Zone, a deposit with an indicated resource of 381,300 tonnes at 2.68% Cu and inferred resources of 663,100 tonnes at 2.10% Cu. (https://www.spruceridgeresources.com/great-burnt.php). Recent drilling by Benton Resources Inc. over the Great Burnt Copper Deposit reported drill results that returned 7.20% Cu, 7.12 g/t Ag and 0.05% Co over 12.30 meters (press release dated December 5, 2023). Previous drilling in 2020 by Spruce Ridge Resources reported 8.06% Cu over 27.2m (TSXV: SHL press release dated March 18, 2021). The Great Burnt greenstone belt is prospective for copper and gold, and further hosts the South Pond A and South Pond B copper-gold zones, and the End Zone copper prospect along a 14 km mineralized corridor. The mineralized corridor occurs along a conductive trend, and this conductive trend continues into Falcon's Great Burnt Copper Property (see Figure 2).

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Falcon Gold Engages CHF Capital Markets

Falcon Gold Engages CHF Capital Markets

Falcon Gold Corp. (FG:TSX-V)(3FA:GR)(FGLDF:OTCQB); ("Falcon" or the "Company") is pleased to announce that it has retained the services of CHF Capital Markets Inc. ("CHF"), a highly respected Canadian investor relations and capital markets firm, as its representative and to provide capital markets services effective immediately

CHF Capital Markets Inc. (www.chfcapital.com) is a Toronto-based firm specializing in Investor Relations. With more than 139 years of collective IR and Capital Markets experience, CHF has been a trusted partner for many public companies in Canada and worldwide, operating in a broad range of industries, including Mining, Oil & Gas, AI Technology, Fintech, Healthcare, Biopharmaceuticals, Cannabis, and Special Situations. Its team consists of a diverse pool of talent that combines analytical and creative skills - high-profile communications and investment industry specialists, and digital media experts.

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Falcon's CEO Issues Corporate Update Letter To Shareholders

Falcon's CEO Issues Corporate Update Letter To Shareholders

Falcon Gold Corp. (TSX-V:FG)(FSE:3FA)(OTCQB:FGLDF) (the "Company") is pleased to report a corporate update letter in an address to shareholders from its Chief Executive Officer Karim Rayani

Dear Shareholders,

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In line with First Majestic's commitment to environmental and community stewardship, First Mint operates state-of-the-art machines that require less electricity and do not release gas emissions compared to traditional minting processes. The eco-friendly and high efficiency production line allows the mint to produce over 10% of the Company's current silver production coming from the Mexican operations. Plans are currently underway to expand the operation by adding additional equipment and personnel as required.

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Silvercorp Offer for OreCorp Lapsed

Trading Symbol:
TSX: SVM
NYSE AMERICAN: SVM

Silvercorp Metals Inc. (" Silvercorp " or the " Company ") (TSX: SVM) (NYSE American: SVM) announced today that, further to its off-market takeover bid (the " Offer ") for all of the ordinary shares in OreCorp Limited (" OreCorp ") (ASX:ORR), Silvercorp did not satisfy the 50.1% minimum acceptance condition prior to the close of the Offer on March 22, 2024 and elected not to exercise its "right to match" a competing offer for OreCorp. Silvercorp will remain entitled to payment of a break fee of approximately AUD$2.8 million in certain circumstances, as set out in the BID.

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MAG Silver Provides Notice of Updated Juanicipio Technical Report

MAG Silver Corp. (TSX NYSE American: MAG) (" MAG ", or the "Company ") announces that it will release results from its updated Juanicipio Technical Report (the " Report ") on Wednesday, March 27, 2024. A conference call will be held to discuss the results of the Report on Wednesday, March 27, 2024 at 8:15 a.m. Eastern Time.

Conference call dial-in numbers:

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Fortuna to present at the Gold Forum Europe 2024 in Zürich, Switzerland

Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to announce that it will be attending Gold Forum Europe 2024 which is being held at the Park Hyatt in Zürich, Switzerland, from April 8 to 10, 2024.

Jorge A. Ganoza, President, Chief Executive Officer, and co-founder of Fortuna, will be presenting on Tuesday, April 9 at 2:30 p.m. Central European Time in Ballroom 3.

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Peter Krauth, silver flakes.

Peter Krauth: Silver's Time Will Come, Why Price Hasn't Moved (Yet)

Peter Krauth, editor of Silver Stock Investor, provided his latest thoughts on the silver market, honing in on his theory for why the metal's price hasn't risen in the face of substantial deficits for the last several years.

Speaking at the Prospectors & Developers Association of Canada (PDAC) convention, he acknowledged investors' frustration with the metal's price — despite four years of consecutive supply shortfalls, it has largely gone sideways.

"You've got three aspects to this," Krauth explained. "You've got industrial ... supply — this goes to users that make solar panels, that do electronics, all sorts of things like that. You've got the investment side of it, so people who are actually buying physical coins and silver. And then you've got sort of this area where, when there is oversupply in a given year, that gets shunted into the inventories of things like the futures exchanges, exchange-traded funds (ETFs), for example."

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