Located 38 km northwest of IAMGOLD Corp’s Cote Lake Deposit which contains 13.55 million ounces of gold in the measured and indicated category and an additional 5.53 million ounces of gold in the inferred category. Cote Lake will be an open pit mine.
Burton Property’s historical diamond drill intercepts include 9.34 grams per tonne (g/t) over an intersection length of 7.75m at the Shaft Zone and 12.47 g/t over an intersection length of 3.13m at the East Zone.
Diamond drilling completed by Falcon Gold during 2011 included 3.74 g/t Au over 9.96 m (including 10.98 g/t Au over 2.17 m) and 3.25 g/t Au over 10.35 m (including 5.65 g/t Au over 2.85 m) at the Shaft Zone
IAMGOLD 51% - Falcon Gold 49% interest in the Burton gold property