Last C$0.15 CAD
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As of 12:31 PM 10/20/14 All times are local (Market data is delayed by at least 15 minutes).

falcon gold corp (FG) Snapshot

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09/17/14 - C$0.25
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falcon gold corp (FG) Details

Falcon Gold Corp., an exploration stage company, is engaged in the acquisition, exploration, and dealing in mineral properties in North America. The company’s principal property includes the Washington Silver property that coves an area of 880 acres and is located in the Wauconda and Eureka Mining districts of Ferry and Okanogan counties, north central Washington state. It also holds interests in the Burton gold property, which consists of 6 patented claims and 16 unpatented claims covering approximately 350 hectares and is located in Esther Township, Porcupine Mining District, Ontario, Canada; and the Fenton property that covers an area of 512 hectares and is located in Fenton Township, northern Ontario, Canada. The company was formerly known as Chesstown Capital Inc. and changed its name to Falcon Gold Corp. in July 2011. Falcon Gold Corp. was incorporated in 2006 and is based in Vancouver, Canada.

falcon gold corp (FG) Top Compensated Officers

Interim President, Chief Geologist, Director ...
Total Annual Compensation: C$25.0K
Chief Financial Officer, Director and Member ...
Total Annual Compensation: C$36.0K
Compensation as of Fiscal Year 2014.

falcon gold corp (FG) Key Developments

Falcon Gold Corp. Announces Management Appointments

Falcon Gold Corp. announced that at its AGM held on October 02, 2014, shareholders approved the appointment of David Tafel as chairman, Mr. Stephen Wilkinson as chief executive officer, Mr. James Lavigne as chief geologist and Mr. Kenneth Cawkell as secretary.

Falcon Gold Corp. Initiates Exploration in Nevada and Washington

Falcon Gold Corp. announced that it has finalized plans for exploration programs on the New York Canyon Copper property located in the Santa Fe Mining District, Mineral County, western Nevada and the Washington Silver property located in the historical Republic Mining District, northern Washington. On August 20, 2014, the company announced the acquisition of the New York Canyon property. During June 2014, the Company visited the property to confirm and evaluate the occurrence and distribution of Copper mineralization. The assay results of grab samples collected during the site visit include high values of 19.2% Copper and 10.9% Zinc. The Company plans to complete approximately 12 kilometers of Induced Polarization surveys on the Washington Silver property in Republic, Washington this fall. During the 2012 exploration program, the Company collected a number of anomalous to very well mineralized grab samples from outcrops on the property which include three samples that returned assay values of 559 grams per tonne Ag and 0.90 g/t Au; 458 g/t Ag and 0.39 g/t Au; and 232 g/t Ag and 0.50 g/t Au. These samples form a north-northeast linear trend which, including the Silver Bell Mine Pit, has a strike length of approximately 1.7 km. The IP survey is being designed to test this potentially mineralized trend. The results of the IP survey will be evaluated and integrated with previous exploration results which will form the basis of continued exploration activities.

Falcon Gold Corp. Auditor Raises 'Going Concern' Doubt

Falcon Gold Corp. filed its Annual on Aug 29, 2014 for the period ending Jun 30, 2014. In this report its auditor, Grant Thornton, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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