Posted on 4672
FALCON GOLD CORP. (OTC: FGLDF) (TSX-V: FG) (3FA: GR); (“Falcon” or the “Company”) is pleased to report the TSX Venture Exchange has accepted and approved the option to acquire up to a 100% interest in the Esperanza Gold, Silver, Copper minerals concessions located in La Rioja Province, Argentina.
The New Option Agreement
Under the Agreement to earn its initial 80% interest, the Company has agreed to make payments to the Vendors over a four-year option period totalling 500,000 Falcon common shares and 500,000 share purchase warrants. Each Warrant will entitle the Vendor to purchase one Falcon common share for a period of 12 months for a purchase price set on each date of issue at 125% of the closing price for Falcon shares traded on the Toronto Venture Exchange. During the four-year option period, Falcon is to make minimum expenditures on the Property amounting to US$350,000.
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Posted on 3792
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 h
Investors Keep an Eye on Gold as Governments Worldwide Take Action
- FinancialBuzz.com News Commentary
NEW YORK, Feb. 19, 2021 /PRNewswire/ Gold prices were stable on Thursday. However, the economic landscape is becoming more complex and Bitcoin now competes with the yellow metal for a safe-haven status. Furthermore, the road ahead in 2021 remains unclear in terms of where the economy is headed. Nevertheless, gold is expected to bounce back. According to a report by Kitco, the U.S. government continues to move forward with its proposed USD 1.9 Trillion stimulus package to support the U.S. economy further after the fallout from the pandemic. The U.S. is not unique in that regards, as central banks around the world are maintaining very supportive monetary policies and growing their balance sheets to record levels. The threat of global currency debasement is real and continues to increase the longer the pandemic restriction remains in effect. Therefore, the issue may not be which is
Falcon Gold Corp: Falcon Reports on Its 2020 Central Canada Drill Program Hitting Grades as High as 20.5 g/t from the Visible Gold Intercept
FALCON GOLD CORP.
(TSXV:FG)(GR:3FA)(OTC PINK:FGLDF); ( Falcon or the Company ) is pleased to provide an update on its fall 2020 drilling program at the Central Canada gold mine. The Company has received the preliminary analyses for holes, CC 20-10, CC20-11 and the upper half of CC20-12. There remains outstanding in addition to the balance of CC20-12, the analyses for the final 5 holes of the program. Falcon has presently 264 core samples submitted for analyses and anticipates in the order of 250 more samples to be taken from the last three drill holes core. A surface plan of Falcon s 2020 drilling and that of TerraX Minerals (2012) and Anjamin Mines (1966 & 1967) may be found below in Figure One.
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