Falcon Gold Announces Appointment of Interim Presid Ent and CEO

FALCON GOLD CORP. 3171 Kingsway, Unit 1 Sudbury, ON, Canada P3B 2G5 (705) 524-3777 www.falcongold.ca [email protected]

FALCON GOLD ANNOUNCES APPOINTMENT OF INTERIM PRESIDENT AND CEO

Sudbury, ON. January 14, 2013. Falcon Gold Corp. (FG: TSX-V), (“Falcon” or the “Company”) announces that Mr. Ed Stringer has resigned as President and CEO of the Company effective immediately and the board of directors has appointed current director, Mr. Jamie Lavigne, P.Geo. as interim President and Chief Executive Officer. Mr. Stringer is resigning due to health reasons and the Board of Directors wishes Mr. Stringer well and a speedy recovery. The Company will be considering alternatives for a full time CEO. Mr. Stringer will remain a Director of Falcon.

About Falcon Gold Corp.

Falcon Gold Corp. is a Canadian mineral exploration company focused on generating, acquiring, and exploring mining opportunities in the Americas.

On Behalf of the Board of Directors

FALCON GOLD CORP.

“Jamie Lavigne”

Jamie Lavigne, P.Geo President, CEO and Director

For Further Information:

Jamie Lavigne President, CEO and Director [email protected] Sudbury Office: 705-524-3777

This news release may contain forward looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, native issues, etc. Forward looking statements address future events and conditions and therefor, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.