Falcon Gold Corp Progress and Objectives for 2024

Falcon Gold Corp., led by CEO Karim Rayani, announced its progress and goals for the coming year in a letter to shareholders. Amid a favorable macroeconomic backdrop for precious metals, the company remains focused on delivering value for its investors. 2023 saw Falcon Gold strengthened with strategic acquisitions, notably at Great Burnt in Newfoundland where significant showings of high quality copper were identified. Additionally, the Area 51 project in Chile shows potential for copper and gold mineralization.

Falcon's action plan includes immediate drilling at Great Burnt, following approval of drilling permits. This initiative aims to exploit the geological potential of the site to discover new ore horizons. Furthermore, the company has also acquired a considerable land position in Hadre-Saint-Pierre in Quebec, thus increasing its potential in nickel. Falcon also initiated a spin-out of Latamark Resources Corp., with the aim of a future IPO.

Falcon is distinguished by acquisitions made at staking costs without net merger royalties (NSR), and by strategic positioning alongside significant discoveries. Shareholders can look forward to a promising 2024 marked by advanced exploration and the development of its portfolios in Canada and South America.