Falcon Gold Corp. (TSXV: FG | 3FA: GR | FGLDF: OTCQB) is to commence drilling at its 100% owned Great Burnt Copper Project in Central Newfoundland. The Company plans to test up to ten geophysical anomalies with a maximum of 1100m of drilling.
Falcon holds 2,275ha in the Great Burnt camp, with licences located north of, and contiguous to, Benton Resources Inc. – Spruce Ridge Resources Ltd. Great Burnt Copper-Gold joint venture. Benton Resources Inc. recently optioned the Great Burnt Copper-Gold Project from Spruce Ridge Resources Ltd. in an agreement that allows Benton to earn a 70% interest in the property.
The Benton-Spruce Ridge property is host to the Great Burnt Copper Zone, a deposit with an indicated resource of 381,300t at 2.68% Cu and inferred resources of 663,100t at 2.10% Cu. Recent drilling by Benton at the Great Burnt Copper Deposit reported drill results that returned 7.20% Cu, 7.12g/t Ag, and 0.05% Co over 12.30m. Previous drilling in 2020 by Spruce Ridge reported 8.06% Cu over 27.2m.
The Great Burnt Greenstone Belt is prospective for copper and gold, and further hosts the South Pond A and South Pond B copper-gold zones, and the End Zone copper prospect along a 14km mineralized corridor. The mineralized corridor occurs along a conductive trend, and this conductive trend continues into Falcon’s Great Burnt Copper Property.
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