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Falcon Applies, Exploration Permit - Bruce Lake Gold Project
Vancouver, British Columbia--(Newsfile Corp. - May 20, 2020) - FALCON GOLD CORP. (TSXV: FG)...
About this update from Falcon Gold Corp.
[{"type":"text","content":"Falcon Applies, Exploration Permit - Bruce Lake Gold ProjectVancouver, British Columbia--(Newsfile Corp. - May 20, 2020) - FALCON GOLD CORP. (TSXV: FG), (FSE: 3FA); (\"Falcon\" or \"the Company\") is pleased to announce it has applied for an exploration permit on its Bruce Lake Gold Project in the Red Lake Mining Camp. The permit will allow the company to perform overburden trenching, line cutting, and diamond drilling to follow-up on gold targets identified by past operators.The 1,400 hectare property is contained within the Birch-Uchi-Confederation Lakes greenstone belt which hosts the world-renowned Red Lake gold deposits and includes the Dixie project currently being drilled by Great Bear Resources Ltd. (\"GBR\"). The project lies along the Longlegged-Pakwash fault zone, a major regional structure, which continues into the LP Fault Zone, hosting Great Bear Resources Ltd.'s (\"GBR\") Dixie Project. GBR has recently reported exciting drill results with mineralized intersections commonly returning bonanza gold grades in association with coarse visible gold grains. Falcon's Bruce Lake property is located approximately 16 km east of GBR's claims. For maps of the location please see following link: https://falcongold.ca/bruce-camping-lake/Map 1To view an enhanced version of Map 1, please visit:https://orders.newsfilecorp.com/files/4151/56212_0359a17de4f4ab46_003full.jpgKarim Rayani Chief Executive Officer states, \"The Bruce Lake Gold Project has very encouraging geochemical anomalies similar to the recent developments by Great Bear Resources. We are looking forward to starting work right away along the same regional structure.\" The property is also within 12 km of BTU Metals Corp. (\"BTU\"). BTU reported recent drilling success including an assay result of 44.3 meters of 1.14% copper equivalent with intervals containing as much as 5.56% copper, 99.6 grams per tonne (\"g/t\") silver and 2 g/t gold.The Bruce Lake Gold project contains excellent targets for both Red Lake-style gold mineralization as well as gold bearing base metal prospects. Historical work on the claims included prospecting, sampling, and airborne magnetic geophysical surveys. Past soil and lake sediment sampling by Laurentian Goldfield Ltd. in 2011 indicated gold and alteration mineral anomalies along the eastern shoreline of Bruce Lake. Further to the announceme...