Welcome to our dedicated page for Falcon Gold news (Ticker: FGLDF), a resource for investors and traders seeking the latest updates and insights on Falcon Gold stock.
Falcon Gold Corp. (FGLDF) is a Canadian mineral exploration company advancing copper, gold, and base metal projects across the Americas. This page provides investors and industry observers with centralized access to all official announcements, drilling updates, and strategic developments.
Our news hub delivers timely updates on Falcon Gold's exploration programs, including progress at the Great Burnt Copper Project in Newfoundland and other high-potential sites. Track key activities such as geophysical surveys, drilling campaigns, and capital-raising initiatives through verified press releases and regulatory filings.
Key focus areas include copper-dominant VMS deposit exploration, strategic partnerships, and financial updates related to non-brokered private placements. Users will find essential information on resource estimates, permit approvals, and technical milestones without speculative commentary.
Bookmark this page for direct access to Falcon Gold's evolving exploration narrative. Check regularly for updates on new project acquisitions, drilling results from magnetic anomaly targets, and operational strategies addressing logistical challenges in remote regions.
Falcon Gold Corp (TSXV: FG) (OTC: FGLDF) has completed its third drill hole and is finalizing the fourth at the Great Burnt Copper-Gold Project in Newfoundland. The company is preparing to move to Pad #5, targeting a high-priority airborne electromagnetic anomaly coincident with a strong magnetic response.
Recent drilling has revealed increased sulphide mineralization, including blebby to stringer sulphides, pyritic vuggy smoky quartz veins, and pyrite, pyrrhotite, and chalcopyrite mineralization. These findings suggest proximity to a larger mineralized body with potential for higher-grade copper and gold mineralization.
Despite challenging weather conditions, Falcon has established an on-site base camp to accelerate drilling operations. Core samples are being sent to IOS-accredited Eastern Analytical Laboratory in Springdale, Newfoundland for priority processing.
Falcon Gold Corp (TSXV: FG) (OTC Pink: FGLDF) has released high-resolution images from the first two drill holes of its late 2024 exploration program at the Great Burnt Copper-Gold Project in Central Newfoundland. The images showcase detailed core recovery and geological features from the initial drilling phase.
The visual documentation includes three core images displaying:
- Black shale with sulfide mineralization
- Close-up view of sulfide mineralization in shale
- Sulfide mineralization in quartz veins
CEO Karim Rayani indicated that while it's early in the first phase of exploration, the findings suggest evidence of an extensive mineralized system. The company aims to provide further updates once additional results become available.
Falcon Gold (TSXV: FG) (OTC Pink: FGLDF) has announced the appointment of Victor A. French, a distinguished Newfoundland-based geologist, to lead the Company's Great Burnt Copper-Gold Project in Central Newfoundland. French will oversee the project's drilling operations.
Falcon Gold Corp. (FGLDF) has successfully completed road plowing and access improvements at its Great Burnt Copper-Gold Project in Central Newfoundland, overcoming challenges from heavy snowfall. The company has mobilized drill equipment to camp and is set to commence drilling this weekend.
The planned drilling program will target up to ten high-priority geophysical anomalies over 1,100 metres of drilling. The company has secured unrestricted access to the site through primary road clearance and additional improvements necessitated by unseasonably high snowfall.
Falcon Gold Corp (TSXV: FG) has engaged Warrior Drilling to conduct exploration operations at its Great Burnt Project in Newfoundland's Central Belt. The company plans to initiate a 10-hole drill program targeting areas identified through geophysics and historical drilling.
The decision follows recent successful discoveries in the region, notably by Benton Resources, which reported 7.47% Cu over 22m including 8.0m of 11.93% Cu at its Great Burnt Main Zone. Falcon Gold believes the mineralized structure extends northward through its project area.
The company is currently preparing its exploration camp and mobilizing equipment. Additionally, Falcon Gold has signed a 4-month service agreement with Empire Market Ventures for digital marketing services, with a fee of $30,000 USD, pending TSX Venture approval.
Falcon Gold Corp. (TSXV:FG) has successfully closed the third tranche of its non-brokered private placement, raising $380,025.20 through the issuance of 6,666,660 Quebec flow-through units at $0.045 per unit and 2,286,442 non-flow-through units at $0.035 per unit.
Across all three tranches, the company has raised a total of $975,025.17, issuing 14,000,000 FT Units, 6,666,660 QFT Units, and 3,286,442 NFT Units. The flow-through proceeds will fund Canadian exploration expenses in Newfoundland, Ontario, and Quebec, while non-flow-through funds will support working capital needs.
The company paid $20,999.98 in finder's fees and issued 465,666 finder's warrants. All securities are subject to a statutory hold period and TSX Venture Exchange approval.
Falcon Gold (TSX-V:FG, OTCQB:FGLDF) has terminated its drilling contract with CentreLine Drilling for the Great Burnt Copper-Gold Project in Central Newfoundland due to significant delays. The company has engaged a new drilling contractor, whose details will be announced later, citing the need for better operational and technical capabilities. CEO Karim Rayani emphasized that the change was necessary to maintain project efficiency. All operations have been temporarily paused and will resume after the Christmas break.
Falcon Gold has completed the second tranche of its non-brokered private placement, raising $360,000 through the issuance of 9,000,000 flow-through units at $0.04 per unit. Each unit includes one flow-through share and half a warrant, with each whole warrant exercisable at $0.08 for two years. The proceeds will fund Canadian exploration expenses in Newfoundland, Ontario, and Quebec properties. The company paid $25,200 in finder's fees and issued 630,000 finder's warrants exercisable at $0.08 for two years.
Falcon Gold has closed the first tranche of its non-brokered private placement, raising $235,000 through the issuance of 5,000,000 flow-through units at $0.04 per unit and 1,000,000 non flow-through units at $0.035 per unit. The flow-through proceeds will fund Canadian exploration expenses in Newfoundland, while non flow-through funds will be used for working capital. The company paid $16,450 in finder's fees and issued 420,000 finder's warrants. Company insiders Karim Rayani and Brian Crawford subscribed for 1,142,858 NFT Units.
Falcon Gold Corp. (TSXV:FG, OTCQB:FGLDF) has commenced drilling at its Great Burnt Copper Project in Central Newfoundland. The company has completed 8km of additional road to the drill site. Falcon holds 2,275 hectares in the Great Burnt camp, adjacent to Benton Resources Inc. - Homeland Nickel's joint venture property. The area is known for its copper and gold potential, with Benton recently reporting drill results of 7.20% Cu, 7.12 g/t Ag, and 0.05% Co over 12.30 metres. Falcon plans to initially test ten geophysical anomalies and may extend the program pending government approvals. The Great Burnt Greenstone Belt hosts several copper-gold zones along a 14 km mineralized corridor, with a conductive trend extending into Falcon's property.
FAQ
What is the current stock price of Falcon Gold (FGLDF)?
What is the market cap of Falcon Gold (FGLDF)?
