Falcon Reports the Status of Drill Program at Great Burnt Copper Project, Newfoundland

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[{"type":"text","content":"Falcon Reports the Status of Drill Program at Great Burnt Copper Project, NewfoundlandVANCOUVER, BC / ACCESSWIRE / August 20, 2024 / Falcon Gold Corp. (TSXV:FG)(GR:3FA)(OTCQB:FGLDF); (\"Falcon\" or the \"Company\") is pleased to report on the status of our inaugural drill program at its 100%-owned Great Burnt Copper Project (the \"Property\") located in Central Newfoundland. The Company encountered delays earlier this spring due to high water levels in accessing the Property. The Company had to apply for additional permits to build 8 km of additional road to access the drill site, which is anticipated to be completed by the end of the week. The Company will report the status once equipment can be mobilized to the site.Karim Rayani, Chief Executive Officer and director stated: \"Falcon is opportunistically positioned in what is shaping up to be Newfoundland's highest-grade copper district. After a small setback in timing, we are nearly ready to commence operations at our 100%-owned Great Burnt Copper Project. We look forward to reporting back on the start date once confirmed. Scheduled drilling is testing up to ten geophysical anomalies with a maximum of 1100 metres of drilling.\"The Great Burnt Copper PropertyFalcon holds 2,275 hectares in the Great Burnt camp, with licenses located north of, and contiguous to, Benton Resources Inc. - Homeland Nickel (previously known as Spruce Ridge Resources Ltd.) Great Burnt Copper-Gold joint venture (see Figure 1). Benton Resources Inc. (\"Benton\") optioned the Great Burnt Copper-Gold Project from Spruce Ridge Resources Ltd. (now known as Homeland Nickel) in an agreement that allowed Benton to earn a 70% interest in the property (see press release dated July 17, 2024). The Benton property is host to the Great Burnt Copper Zone, a deposit with an indicated resource of 381,300 tonnes at 2.68% Cu and inferred resources of 663,100 tonnes at 2.10% Cu (Benton option - Homeland Nickel). Recent drilling by Benton at the Great Burnt Copper Deposit reported drill results that returned 7.20% Cu, 7.12 g/t Ag, and 0.05% Co over 12.30 metres (see press release dated December 5, 2023). Previous drilling in 2020 by Spruce Ridge reported 8.06% Cu over 27.2 m (see press release dated March 18, 2021).The Great Burnt Greenstone Belt is prospective for copper and gold and further hosts the South Pond A and Sout...

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