TSXV:FG $0.03   OTCQB:FGLDF $0.0252  FSE:3FA 0,0125 €

Presentation

Spitfire - Sunny Boy Project

Merritt, B.C.

Spitfire & Sunny Boy Claims, Merrit, B.C. Falcon Gold Corp Spitfire & Sunny Boy Claims, Merrit, B.C. Table of selected assay results from the Spitfire & Sunny Boy Claims 2020 sampling program.

Highlights

  • Sampling as High as 168 g/t Au (Master Vein)
  • Recent Drilling hit 68.7 g/t Au near Surface
  • Historical Drilling intersected over 13.4 m, 3.77 g/t Au - 0.24% Cu - 32.9 g/t Ag

2021 - Phase 2 Results

Sampling - Backpack Drilling

Spitfire & Sunny Boy Claims, Merrit, B.C. Falcon Gold Corp Spitfire & Sunny Boy Claims, Merrit, B.C. Table of selected assay results from the Spitfire & Sunny Boy Claims 2020 sampling program.

 Highlights of the Sunny Boy prospecting and backpack sampling program, 2021.

Highlights

  • Grab samples on the Master Vein ranging from 1.09 g/t Au to 168 g/t Au, 17.5 g/t Ag and 0.7% Cu.
  • Backpack drilling from surface of 68.7 g/t Au and 11.8 g/t Ag over a drilled intersection of 0.47m.
  • A grab sample from Vein 2 reporting 1.52 g/t Au.
  • A grab sample from Vein 3 reporting 2.58 g/t Au and 1.2 g/t Ag.
  • The program was designed to test the 6 subparallel vein structures identified at Spitfire-Sunny Boy from previous exploration efforts. Results were very positive with anomalous gold values for almost every sample. Geologists and prospectors collected rock samples over 300m strike length along the Master Vein and up to a 250m strike length over other veins at Spitfire-Sunny Boy.

  • Due to visible gold noted in many of the samples, Falcon has commissioned total metallics gold analyses to determine the effect of the nuggety nature of gold may have had original fire assay method results. These values will be released once they have been obtained. Grab samples are select samples and may not necessarily be representative of the mineralization on the property. Backpack drilling is a portable drill utilizing chips of rock from a small-sized diameter hole drilled from surface.

2020 - Phase 1 Results

Sampling

Spitfire & Sunny Boy Claims, Merrit, B.C. Falcon Gold Corp Spitfire & Sunny Boy Claims, Merrit, B.C. Table of selected assay results from the Spitfire & Sunny Boy Claims 2020 sampling program.

Table of selected assay results from the Spitfire & Sunny Boy Claims 2020 sampling program.

Highlights

  • The highlight sample averaged 59.8 g/t Au (1.74 oz/ton Au) over 2.2 m which included a 1 m interval assaying 122 g/t (3.56 oz/ton) Au.
  • The Cliff Vein, was discovered down slope from the Master Vein, approximately 25 metres lower in elevation. A grab sample of the Cliff vein assayed up to 22.8 g/t Au.
  • Channel sampling 125 m southeast of the Master Vein returned 11.4 g/t over 1 m suggesting continuity along strike.

The Spitfire - Sunny Boy Structure

The Spitfire-Sunny Boy discovery has been referred to as an epithermal gold discovery by past operators and is hosted within the Quesnellia terrane, characterized by submarine volcanic and volcaniclastic rocks of the Nicola group to the south and the Takla group in the north. Two major north trending structures divide the area into three structure subdivisions. The Central and Eastern belts are separated by the Summers Creek Fault. The Central and Western belts are separated by the Allison Fault system. Locally, dacite and rhyolite flows, welded tuff and breccia and intercalated intermediate to felsic heterolithic volcaniclastic rocks are interpreted as representative of centres of felsic volcanism. The gold mineralization and geological setting of the project bears similarities to other developed projects in the region such as the epithermal gold deposits, Prospect Valley and Shovelnose, currently being explored by Westhaven Ventures Inc.

Spitfire & Sunny Boy Claims, Merrit, B.C. Falcon Gold Corp Spitfire & Sunny Boy Claims, Merrit, B.C. Table of selected assay results from the Spitfire & Sunny Boy Claims 2020 sampling program.

Spitfire - Sunny Boy News