Falcon Gold Corp. (FG: TSX-V | 3FA: GR | FGLDF: OTCQB) has reported the expansion of its previously announced, phase III 1,000m drill programme at its Central Canada Mine Project, Ontario, to 2,000m following a temporary postponement caused by contractor delays and rig availability issues. In anticipation of the phase III programme, Falcon 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 11.2g/t 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 totalling 2942.5m since 2020. A portion of the phase III drilling will include three holes totalling approximately 1,000m targeting its J.J Walshe Zone 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 programmes intersected the J.J. Walshe Zone, and parallel mineralization within the Central Canada Mine trend.
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 mineralized zones. The March 2022 drill programme will add understanding to the structural controls on mineralization in addition to exploring for a down dip extension of the mineralization. The remaining 1,000m of drilling will be focused on the Monte Zone and the No. 2 Vein.
Mr. Karim Rayani, Falcon’s Chief Executive Officer, commented, “Our drilling campaigns have now intersected gold mineralization at the Central Canada Mine Trend (CCMT) to 200m vertically. We look forward to extending this trend at depth below any historical drilling by previous operators. Falcon has been successful in intersecting 4 parallel zones along the CCMT adding almost 200m of strike length. We are also pleased to be expanding the drill programme to the Monte Zone and the No. 2 Vein where our 2021 mapping and prospecting program confirmed gold-bearing structures and lithologies that have yet to be drilled.”
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