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Falcon Initiates Second Round 2,000 Meter Drill Program, Central Canada Gold Mine, Atikokan, Ontario
Vancouver, British Columbia--(Newsfile Corp. - November 9, 2020) - FALCON GOLD CORP. (TSXV:...
About this update from Falcon Gold Corp.
[{"type":"text","content":"Falcon Initiates Second Round 2,000 Meter Drill Program, Central Canada Gold Mine, Atikokan, OntarioVancouver, British Columbia--(Newsfile Corp. - November 9, 2020) - FALCON GOLD CORP. (TSXV: FG) (FSE: 3FA) (OTC PINK: FGLDF) (\"Falcon\" or the \"Company\") is pleased to report the Company has mobilized the diamond drill and crews for its 2020 Stage Two drilling program at the Central Canada Gold mine near Atikokan, northwestern Ontario.Since concluding the first-round summer drill program comprising seven holes and totaling 1,055 meters (\"m\") of core at the Central Canada Gold Mine, the Company has evaluated the new geological and analytical data achieved by the drilling. The gold-mineralized mine zone that hosts the Central Canada gold mineralization is clearly a significant structure of highly schistose and altered rock that appears to cross numerous lithologies commonly containing multiple quartz veins and stringers variably mineralized with gold, sulphide minerals and tourmaline. The gold-mineralized mine zone strikes east-north-east and extends well beyond the area drilled by Falcon. The width of the zone is also quite noteworthy. As seen in Falcon's hole, CC 20-01, the structure occupies more than 60m of core length and contains a number of mineralized intervals. The gold mineralization in CC20-01 commenced at 67m with an interval of 10.17 g/t Au over 3m within the broader zone of 1.21 grams per tonne gold (\"g/t Au\") over 19m. The drill also intersected additional high-grade quartz vein at 104m, which sampled 18.6 g/t Au over 1m. The Company has determined that the continuity and strength of the Central Canada mine gold mineralization are suitable for progression into definition drilling and has laid out plans for its second 2020 drill program. The program is budgeted for 2,000m of core drilling with 9 holes planned. The objective of the drilling is to complement Falcon's previous seven holes plus the three holes done in 2012 by TerraX Minerals Inc. (\"TerraX\") in order to undertake an inaugural mineral resource calculation. The Stage Two drill program work has commenced and drilling can be expected to be completed before the December holidays.Falcon's Chief Executive Officer, Mr. Karim Rayani stated, \"We are very pleased with the progress and milestones achieved in a such a short time, not only h...