Falcon Gold Corp. (TSXV: FG | 3FA:GR | OTCQB: FGLDF) and Marvel Discovery (TSXV: MARV | O4T: GR | OTCQB: MARVF) has announced the commencement of exploration on their combined Golden Brook Projects in Central Newfoundland, Canada.
“We’re thrilled to have mobilized crews on multiple projects in Central Newfoundland. The Golden Brook is one of the most exciting prospects in our portfolio for Battery Metals in Central Newfoundland, being tied on to the Kraken Pegmatite Field adjacent to Benton-Sokoman’s discovery ground.” Stated Karim Rayani chief executive officer.
The Golden Brook Property is strategically located contiguous to Benton-Sokoman’s Golden Hope Project covering the Kraken Pegmatite Field. In addition, the property is situated approximately 7km from the past producing Hope Brook Gold Mine, the project is interpreted to cover approximately 25km of the Cape Ray Fault east of Matador’s Cape Ray Gold Project.
A recent geophysical review and structural interpretation over the Golden Brook project area, initially reported 23 September 2022, identified kilometre-scale shear zone corridors, and a major fold closure, interpreted from the magnetics within the Alliance’s Golden Brook property area.
The two companies had originally planned to complete high resolution magnetic gradiometer surveys over the project area, a proven method to distinguish structural complexities in geological terranes. The survey work was delayed due to a state of emergency being issued from forest fires in Central Newfoundland. Crews have since been mobilized to commence work on the project, with prospecting and till sampling to be completed to verify the target structures and determine their mineralization potential in advance of drilling, which Falcon and Marvel have planned for early 2023.
“We are completing an aggressive prospecting and till sampling programme to verify the targeted areas and test the mineralized zones in advance of our next phase of exploration- drilling planned for early 2023.” Continued Karim.
To find out more, please visit www.falcongold.ca