Falcon Gold Corp. (TSXV: FG: | GR: 3FA | OTCQB: FGLDF) has expanded its HSP south project by staking an additional 290 claims. This has increased the company’s total claims to 703, covering 37,962ha in the Havre St. Pierre Anorthosite Complex by 70%.
The HSP South Project area is in the Havre St. Pierre anorthosite complex, a newly recognized nickel source in southern Quebec. Since the original acquisition, which ties directly onto Go Metals (CNSX: GOCO) new discovery – Falcon has expanded its holding in the camp by 70% covering over 135km of contact. Falcon is now one of the largest mineral claim holders in the HSP area.
The company has planned Airborne EM surveys to cover the entire land position including claims contiguous to Go Metals HSP discovery project.
Karim Rayani, CEO of Falcon, noted, “With the recent work being completed in the area by our neighbour 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.”
On October 5th, the company previously announced the acquisition of 413 claims covering 22,302ha of strategic ground through an option agreement and staking contiguous and proximal to Go Metals Corp, HSP Nickel Copper PGE Project 130km north of Havre St. Pierre, Quebec. The staking covers approximately 135km 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”. 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 2.2km from prominent airborne TDEM anomalies identified by Go Metals and host to the nickel-copper mineralization.
To find out more please visit www.falcongold.ca
