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Falcon Gold (TSXV:FG) acquires 10,150 hectares in Gander North

Mining, Sponsored, The Watchlist
TSXV:FG
19 January 2022 12:30 (EDT)

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Falcon Gold (FG) has staked 406 claims totalling 10,150 hectares in Newfoundland’s Gander North area.

The company will begin high-resolution magnetic surveys upon approval of exploration permits.

The claims are located 25 km east of New Found Gold’s Queensway Project and are contiguous to Sassy Resources’ Gander North Project, which recently sampled 1,432 ppb gold.

The company interprets northeast-trending structural lineaments first recognized by Sassy to the east to continue onto the property, whose regional setting is similar to the highly prospective eastern Exploits Subzone.

CEO Karim Rayani joined Dave Jackson to discuss the new claims.

Falcon Gold is focused on generating and acquiring mineral exploration opportunities in the Americas.

Falcon Gold (FG) is up by 7.14 per cent trading at $0.075 per share as of 9:49 am EST.

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