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Falcon Acquires Strategic Mining Claim, Meritt B.C.
Vancouver, British Columbia--(Newsfile Corp. - June 4, 2020) - FALCON GOLD CORP. (TSXV: FG)...
About this update from Falcon Gold Corp.
[{"type":"text","content":"Falcon Acquires Strategic Mining Claim, Meritt B.C.Vancouver, British Columbia--(Newsfile Corp. - June 4, 2020) - FALCON GOLD CORP. (TSXV: FG) (FSE: 3FA); (\"Falcon\" or the Company\") is pleased to announce it has acquired additional ground along the Spitfire-Sunny Boy trend. The claim is positioned 525 meters east along strike of the Master Vein, which historically sampled up 50.33 oz/t Au. The recent acquisition adds more than 500 meters of contiguous strike length, increasing the company's coverage to over 1.1 kilometers of strike along the Master Vein gold zone.Figure 1To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/4151/57270_905bf66114efbba6_003full.jpgThe first recorded discoveries were made on the Nicola Lake Property in 1908, which is currently represented by the north east portion of the Sunny Boy property claim block. Most of the early exploration focused on quartz veins that hosted gold, copper and silver. High grade gold values have been reported at 124 to 127 grams per tonne gold (Au) and 309 to 514 grams per tonne silver (Ag) in quartz vein material from underground workings by Quilchena Mining and Development Company Ltd. The narrow but high-grade veins have been trenched, pitted, blasted, and drilled but have never been commercially mined. The main showing, Master Vein, boasts high-grade gold mineralization up to 50.53 oz/t as sampled by Ken Sanders, P. Eng in 1974. To the south-west of the Sunny Boy Zone in an area referred to as the \"AL\" showing soil geochemistry, geophysics (magnetometer/VLF), trenching, sampling and diamond drilling have been performed on the mineralized veins. The best drill result was 3.77 grams per tonne gold, 0.24 % copper, and 32.9 grams per tonne silver over 13.4 meters (AR #8494, AR# 15572 AR#1582, AR#18887).The Spitfire-Sunny Boy discovery has been referred to as an epithermal gold discovery by past operators and is hosted within the Quesnellia terrane, characterized by submarine volcanic and volcaniclastic rocks of the Nicola group to the south and the Takla group in the north. Two major north trending structures divide the area into three structure subdivisions. The Central and Eastern belts are separated by the Summers Creek Fault. The Central and Western belts are separated by the Allison Fault system. Locally, dacite and rhyolit...