Falcon Adds 41 More Claim Units to Coomer Lake Vanadium- Titanium Project, Northern Ontario
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NEWS RELEASE FG: TSX-V
FALCON ADDS 41 MORE CLAIM UNITS TO COOMER LAKE VANADIUM-
TITANIUM PROJECT, NORTHERN ONTARIO
HIGHLIGHTS:
• Coomer Lake property increased from 144 to 800 hectares;
• Property encompasses a continuous strike length of 7 kilometres of favorable
stratigraphy;
• Historical diamond drilling high-grade intercept of 4.90 meters of 0.75% V2O5, 7.56% TiO2;
Vancouver, B.C., September 18, 2018. FALCON GOLD CORP. (FG: TSX-V) (“Falcon” or the “Company”) is
pleased to report it has acquired through staking, a further 41 mining claim units that are contiguous
with its Coomer Lake Vanadium-Titanium property in the James Bay Lowlands in the Porcupine Mining
Division of northern Ontario. As announced on September 5th, 2018, Falcon has the right to earn a 100%
interest in the Coomer Lake property that now comprises an area of approximately 800 hectares (“ha”).
Stephen Wilkinson, Falcon’s CEO stated; “The Vanadium-Titanium mineralization on Coomer Lake
property may not be exposed at surface but is associated with a strong, arcuate magnetic anomaly. This
geophysical signature has been mapped for several kilometers and our new ground covers what we
consider to be the best part of a potentially high-value asset.”
The Coomer Lake V-Ti Property
The Property is located within numbered township BMA 524861 of the Porcupine Mining Division,
District of Cochrane, 250 kilometres (“km”) north of the town of Nakina, Ontario, and approximately 40
km south of Noront Resources Ltd. mining leases at the Ring of Fire deve lopments. Noront’s proposed
north-south access corridor is 12 km east of the Property. The Property is accessible only by floatplane
and boat. The Attawapiskat River is the main waterway and is less than 1,000 m east of the boundary of
the Property.
The Coomer Lake area occurs within the Archean-age Sachigo Subprovince of Northwestern Superior
Province. The Fishtrap Intrusive Complex underlies the Property and is a differentiated mafic intrusive
body which for the most part doe s not outcrop and is cover ed by glacial till. A high resolution airborne
magnetic survey completed in 2003 defined the banded and folded complex reflecting the fractionated
lithologies of the layered intrusion.
The vanadium and titanium mineralization occurs within a magnetite -rich band within the Fishtrap
intrusion. The band shows a strong geophysical anomaly that has an arcuate signature with an overall
26 km strike length. In a news release dated February 12, 2007, Northern Shield Resources Inc. reported
diamond drill hole, 06HB-04, intersected massive magnetite over a width of 4.9 m that averaged 0.75%
FALCON GOLD CORP.
520- 470 Granville St.
Vancouver, BC V6C1V5
+1 604-683-1991
+1 604 683-8544
www.falcongold.ca
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V2O5 and 7.56% TiO 2. Another 13 drill holes were completed by Northern Shield on other locations of
the intrusion with the objective of discovering platinum group metals and ch romium mineralization. No
follow-up on the vanadium and titanium occurrence have been reported despite the encouraging
geophysical anomaly.
Qualified Person
The technical content of this news release has been reviewed and approved by Mr. Bob Chataway , P.
Geo., who is a Qualified Person as defined by National Instrument 43 -101, Standards of Disclosure for
Mineral Projects.
About Falcon Gold Corp.
Falcon is a Canadian mineral exploration company focused on generating, acquiring, and exploring
opportunities in the Americas. Its Canadian projects include; the Central Canada cobalt, gold project
and the Wabunk cobalt, copper project in N.W. Ontario, and the Burton gold property located near
Sudbury, Ontario. Falcon also has an agreement to acquire seven (7) co ntiguous mineral concessions
covering an aggregate area of 20,461 ha located within the Sierra de Las Minas District, Argentina which
is known to be host to several past producing gold, copper and silver mines. The Company has 32.9
million common shares outstanding and is listed on the TSX Venture exchange with the trading symbol:
"FG". For information on the Company, please visit our website: www.falcongold.ca.
CONTACT INFORMATION:
Falcon Gold Corp.
David Tafel Stephen Wilkinson
Chairman CEO & Director
Telephone: 604-683-1991
Email: [email protected]
Cautionary Language and Forward-Looking Statements
This news release may contain forward looking statements including but not limited to comments regar ding the
timing and content of upcoming work programs, geological interpretations, receipt of property titles, etc. Forward
looking statements address future events and conditions and therefore, 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.