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Falcon Increases Drill Program Up to 2,000 Meters at Central Canada Site, Atikokan Ontario

VANCOUVER, BC / ACCESSWIRE / April 6, 2022 / FALCON GOLD CORP. (TSX-V:FG)(FRA:3FA)(OTCQB:FG...

articleFalcon Gold Corp.April 6, 20225/company/falcon-gold-corp/news/falcon-increases-drill-program-up-to-2000-meters-at-central-canada-site-atikokan-ontario
Falcon Increases Drill Program Up to 2,000 Meters at Central Canada Site, Atikokan Ontario

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[{"type":"text","content":"Falcon Increases Drill Program Up to 2,000 Meters at Central Canada Site, Atikokan OntarioVANCOUVER, BC / ACCESSWIRE / April 6, 2022 / FALCON GOLD CORP. (TSX-V:FG)(FRA:3FA)(OTCQB:FGLDF); (\"Falcon\" or the \"Company\") reports its upcoming Phase III drill program will be increased from 1,000 meters (m) to 2,000m at the historic Central Canada Mine Project in the Atikokan mining camp of northwestern Ontario (see press release February 22, 2022). Drill contractor delays and drill rig availability is the reason for the postponement. The Company in anticipation of the Phase III program has also filed an additional drill permit to target the J.J. Walshe mine trend where recent sampling of a new zone returned results from 11.2 grams per tonne gold to 79.7 g/t Au. Assay results also highlight several gold-bearing zones across the property previously undocumented including the Sugar shear (22.9 g/t Au), Monte (3.63 g/t Au), Honey (1.04 g/t Au) and Hoist zone (1.12 g/t Au).To date, Falcon has completed 17 diamond drill holes totaling 2942.5m since 2020. A portion of the Phase III drilling will include 3 holes totaling approximately 1,000m targeting the J.J Walshe Zone (Central Canada Mine Trend) (Figure 1) at vertical depths between 200 and 300m. This will potentially extend the gold bearing zones beyond the current drilled depth of 160m.Fifteen drill holes of Falcon's 2020 programs intersected the J.J. Walshe Zone, and parallel mineralization within the Central Canada Mine trend (Figure 2). Highlights include 10.1 g/t Au over 3.0m starting at 67.0m and 18.6 g/t Au over 1.0m (with visible gold) from 104m in CC20-01; 3.1 g/t Au over 2.5m from 33m in CC20-02; 0.6 g/t Au over 10m from 93.0m and 7.2 g/t Au over 1m from 114.0m in CC20-07; 2.8 g/t Au over 7.5m from 158.1m in CC20-09; 0.9 g/t Au over 6.8m from 44.1m in CC20-14; 1.35 g/t Au over 4.1m starting at 59.5m downhole in CC20-15; 0.5 g/t Au over 12.4m from 9.8m in CC20-17 and 1.57 g/t Au over 14.8m starting at 89. m downhole in CC20-12. This interval contained visible gold which assayed 20.50 g/t Au over 30cm. Hole CC20-12 also contained 10.8 g/t Au over 30cm starting at 112.4m downhole.The Central Canada Mine Trend has now been traced for 275m in strike length and to a depth of 160m (Hole CC20-09). The J.J. Walshe zone is open at depth along strike with potential for parallel mineraliz...

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