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#FalconGold Corp. (TSXV:FG,FWB:3FA,OTCQB:FGLDF) CEO Karim Rayani shared that its Central Canada #Gold Project located near Atikokan, Ontario returned five grab samples ranging from 11.2 gt Au to 79.7 gt Au.
“The central Canada project is tied with #AgnicoEagle, that has one of the larger defined deposits in Canada. We’ve done three successful programs, tested the mineralization, and we’re hitting consistent grades. We have to do some further rounds of drilling and define some more ounces. We can be sitting on one or two million ounces,” said Rayani.
The Central Canada Mine has a mineralized strike length of 140 meters as defined by drilling intercepts and consists of parallel zones that strike east-northeast and dip steeply to the north-northwest.
“We’ve got a multi-million-ounce potential prospect of Central Canada tied on to one of Canada’s largest gold deposits. We’ve got a high grade system in BC, a number of assets acquired in Newfoundland and it’d be hard pressed to find another deal like ours.”
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
