tempus inc careers

Falcon Commences Work at Gaspard Gold Project - Spences Bridge BC

FG: TSX-V
  3FA: GR
  FGLDF: OTCQB

Falcon Gold Corp. (TSXV: FG), (GR: 3FA), (OTCQB: FGLDF) ; ("Falcon" or the "Company") is pleased to announce it has commenced field work on its Gaspard Gold Project (the 'Property') near Spences Bridge, BC . The Gaspard property is comprised of 3 mineral claims, covering 3,955 hectares in the Clinton Mining District of central British Columbia (Figure 1). The Property covers similar geology to the Spences Bridge Gold Belt (the "SBGB") that hosts Westhaven Gold Corp.'s (TSXV:WHN) Shovelnose gold project and the Blackdome Zone gold-silver deposit owned by Tempus Resources (ASX:TMR).

Figure 1. Regional location of the Gaspard Gold Project. (CNW Group/Falcon Gold Corp.)

The company will be conducting prospecting, field reconnaissance mapping and sampling. The objective of the exploration program will be to delineate and constrain the styles of gold mineralization and assess the geological setting. Historical exploration programs reported anomalous heavy mineral concentrate stream sediments returning grades from 94 ppb Au to 5,910 ppb Au within four adjacent streams, defining a continuous gold anomaly over an upstream distance of 1.8 kilometers ("km").  Follow-up B-horizon soil sampling across the headwaters of the four streams supported the stream sediment sampling results with a gold-in-soil anomalies over a corridor covering 1 km long with values from trace to 1127 ppb Au. Much of the claims to the southeast remain to be tested.

The Property has year-round, all-season road access with a good network of active logging roads. The City of Williams Lake located 60 kilometres northeast of the Property is a regional supply centre for mining, logging and ranching.

The Spences Bridge Gold Belt

The SBGB forms a northwest trending belt of Cretaceous-aged, volcaniclastic and sedimentary rocks 430 km long and up to 24 km wide extending in central BC (Figure 2). The relatively underexplored volcanic rocks are highly prospective for low-sulphidation epithermal gold mineralization. Recent drilling on the Shovelnose Gold Project by Westhaven Gold Corp. reported 614 g/t Au and 2,070 g/t Ag over 0.45 m within 41.55m of 8.17 g/t Au and 34.64 g/t Ag (see press Westhaven press release dated June 1, 2021 ). The Blackdome Zone located 26km to the south was a former mine having produced 225,000 of gold at an average grade of 20 g/t Au . Current 43-101 compliant resources completed by SRK in 2010 report 144,500 tonnes Indicated grading 11.29 g/t gold and 50.01 g/t silver, and 90,600 tonnes Inferred grading 8.79 g/t gold and 18.61 g/t silver, Tempus Resources.

Figure 2. Regional geological and structural setting of the Gaspard Gold Project. (CNW Group/Falcon Gold Corp.)

Commentary

Mr. Karim Rayani , Falcon's Chief Executive Officer, commented , "We are excited to initiate boots on the ground sampling and mapping at the Gaspard Gold Project. The SBGB is a highly prospective, underexplored gold belt that has proven to host high-grade gold and silver veins. Historical stream and soil sediment sampling has highlighted a large anomalous area that warrants follow-up. We look forward to receiving the results of this highly anticipated exploration program."

Qualified Person

The technical content of this news release has been reviewed and approved by Mike Kilbourne , P.Geo., who is a Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.

The QP and the Company has not completed sufficient work to verify the historic information on the properties comprising the Shaw Gold Property, particularly regarding historical exploration, neighbouring companies, and government geological work.

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 20 km south east of Agnico Eagle's Hammond Reef Gold Deposit.

The Company holds 6 additional projects.  The Camping Lake Gold property and 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 Hope Brook acquisition adjacent to First Mining, Sokoman-Benton's JV in Newfoundland .

CONTACT INFORMATION:

Falcon Gold Corp.

"Karim Rayani"

Karim Rayani
Chief Executive Officer, Director

Telephone: (604) 716-0551
Email: info@falcongold.ca

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.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/falcon-commences-work-at-gaspard-gold-project---spences-bridge-bc-301353452.html

SOURCE Falcon Gold Corp.

Cision View original content to download multimedia: https://www.newswire.ca/en/releases/archive/August2021/11/c8576.html

News Provided by Canada Newswire via QuoteMedia

The Conversation (0)
Gavel on books with "5 Top Canadian Mining Stocks This Week" text overlay.

Top 5 Canadian Mining Stocks This Week: Royalties Inc. Jumps 183 Percent on Legal Win

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.

Friday (June 20) was the last day for the spring session of Canada’s parliament before its summer break.

On the agenda for the day was a vote on bill C-5, “The One Canadian Economy Act,” which was introduced on June 5.

Keep reading...Show less
Cyprium Metals

Nifty Copper Project Virtual Site Visit

Cyprium Metals Limited (ASX: CYM, OTC: CYPMF) (Cyprium or the Company) invites shareholders to join an investor webinar and live Q&A hosted by Executive Chairman Matt Fifield on Tuesday 24th June 2025. Investors will be guided on a virtual site visit of the Nifty Copper Complex showcasing the sulphide and heap leach resources and extensive brownfield infrastructure.

Keep reading...Show less
Mining Execs Call for Clarity as Canada Eyes Faster Permitting Timelines for Critical Minerals Projects

Mining Execs Call for Clarity as Canada Eyes Faster Permitting Timelines for Critical Minerals Projects

Faster permitting timelines for critical minerals projects could be a welcome game changer for junior mining and resource development companies, but clarity will be key to any meaningful reforms.

This was the sentiment among executives from junior mining companies in a recent panel discussion on Bill C-5, the Canadian government’s new major projects bill that will essentially fast track permitting for “national-interest” projects, including those essential to the country's critical minerals strategy.

The bill proposes the establishment of a Major Projects Office meant to be the single permitting agency for qualified projects that will cut permitting timelines from the typical five years down to two years.

Keep reading...Show less
Sun Summit Commences 2025 Exploration Program at the JD Project, Toodoggone District, British Columbia

Sun Summit Commences 2025 Exploration Program at the JD Project, Toodoggone District, British Columbia

Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) ("Sun Summit" or the "Company") is pleased to announce the commencement of its $6 million 2025 project-wide exploration program at the JD Project, Toodoggone Mining District, north-central British Columbia. Over 5,000 meters of drilling together with geophysical and geochemical surveys are designed to focus on target advancement, target generation and discovery.

Highlights and Next Steps:

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Los Andes Copper (TSXV:LA)

Los Andes Copper


Keep reading...Show less

Latest Press Releases

Related News

×