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Falcon Increases Land Position by 70% at HSP South, Nickel-Copper-Cobalt-Project Next to Go Metals, Quebec
VANCOUVER, BC / ACCESSWIRE / October 25, 2022 / Falcon Gold Corp. (TSXV:FG)(FRA:3FA)(OTCQB:...
About this update from Falcon Gold Corp.
[{"type":"text","content":"Falcon Increases Land Position by 70% at HSP South, Nickel-Copper-Cobalt-Project Next to Go Metals, QuebecVANCOUVER, BC / ACCESSWIRE / October 25, 2022 / Falcon Gold Corp. (TSXV:FG)(FRA:3FA)(OTCQB:FGLDF); (\"Falcon\" or the \"Company\")., is pleased to report on the expansion of our HSP south project by staking an additional 290 claims. This has increased our total claims to 703, covering 37,962 hectares in the Havre St. Pierre Anorthosite Complex (HSP Property Area) by 70%.Highlights:The HSP South Project area is in the Havre St. Pierre anorthosite complex, a newly recognized nickel source in southern Quebec. Since our original acquisition, which ties directly on to Go Metals new discovery - we have expanded our holding in the camp by 70% covering over 135 kms of contact.Falcon is one of the largest mineral claim holders in the HSP area.Airborne EM surveys planned to cover the entire land position including claims contiguous to Go Metals HSP discovery project.Total area of holdings now covers 703 claims totaling 37,962 hectares covering 135kms of contact.Karim Rayani, CEO of Falcon, noted, \"With the recent work being completed in the area by our neighbor Go Metals Corp., there is great potential for a new nickel belt. Falcon is ideally situated in the heart of the action, being directly tied onto Go Metals southern property boundary where they are currently drilling. We are aggressively moving forward on Airborne surveys and have increased our holdings considerably in the HSP camp covering over 130 km's of prospective contact increasing our chances of further discovery.\"Falcon HSP South ProjectOn October 5th, the Company announced the acquisition of 413 claims covering 22,302 hectares of strategic ground through an option agreement and staking contiguous and proximal to Go Metals Corp, HSP Nickel Copper PGE Project 130 km north of Havre St. Pierre, Quebec. The staking covers approximately 135 km of prospective contact of the Havre St. Pierre Anorthositic Complex (HSP) where Go Metals Corp recently announced the discovery of \"Wide Intervals of Nickel and Copper Sulphides\". (Go Metals Press Release Dated September 13, 2022). The most westerly block of the Falcon Gold claims covers the southwest extension of the anorthositic complex, on a prospective fold nose structure and is located less than 2.2 km from prominent airborne T...