#Canada #Vancouver #gold exploration #Falcon Gold #West Hammond

Falcon Gold Initiates Field Program at West Hammond

Falcon Gold Corp., trading under TSXV: FG, FSE: 3FA, and OTC-Pink: FGLDF, is excited to announce the launch of a significant exploration field program at its West Hammond Contact Property in northwestern Ontario. This move is a crucial element of Falcon's strategy aimed at capitalizing on prospective gold exploration opportunities within the esteemed Atikokan–Hammond Reef Gold District.

Advancing Exploration Efforts

The West Hammond program signifies progress in Falcon Gold’s objective to build a comprehensive exploration portfolio around its flagship Central Canada Gold Project. The company is currently concentrating on pinpointing satellite targets and additional gold-bearing systems within the regional geological framework.

Karim Rayani, CEO of Falcon Gold, emphasized the strategic positioning of the company in an emerging gold district anchored by the notable Hammond Reef deposit – recognized as one of Canada’s significant undeveloped gold assets. He stated, “Our strategy revolves around securing ground in established gold-bearing districts, assessing historical occurrences, and systematically pursuing opportunities that may have been previously overlooked. The West Hammond project is an integral part of this vision.”

A District Rich in History

The Atikokan–Hammond Reef district boasts over a century of mining history, with gold being discovered in the area since 1895. Following initial underground developments, the site has seen explorations conducted by both major and junior mining enterprises. Notably, the project has undergone extensive drilling and technical analysis by Brett Resources and Osisko, ultimately transitioning into Agnico Eagle's portfolio. As of December 31, 2025, Hammond Reef reportedly hosts around 3.3 million ounces of probable gold reserves and an additional 2.3 million ounces classified as measured and indicated resources. Although federal and provincial environmental approvals have been secured, the project still requires further permits and a development decision before construction can commence.

Falcon believes that the impressive scale and historical significance of Hammond Reef highlight the considerable potential of the broader district while supporting ongoing explorations for additional gold-bearing systems. It is essential to note that mineralization at Hammond Reef does not necessarily indicate similar results on Falcon's lands.

Exploring West Hammond

The West Hammond Contact Property encompasses 156 mining claims, spanning approximately 3,068 hectares, and is strategically located within the promising Finlayson Greenstone Belt amid regional structural corridors, including what are believed to be extensions of the Marmion Shear Zone. Historical explorations have uncovered gold occurrences, geochemical anomalies, and favorable geological contacts throughout the site.

Falcon's initial field program focuses on prospecting and conducting geological evaluations of priority areas to refine exploration targets for subsequent investigations. Rayani added, “Instead of depending on a single project, we are assembling a diverse portfolio of exploration opportunities within a district that has already proven its capacity to host substantial gold mineralization.”

Moreover, the company is committed to acquiring strategically located ground, applying disciplined exploration methods, and advancing the most promising targets as the geological picture continues to evolve.

The company is keenly awaiting the completion of the sampling program and the identification of key targets for follow-up exploration. An update will be shared in the coming weeks to provide details on these developments.

Technical Oversight

The technical content of this announcement has been meticulously reviewed and approved by Mike Kilbourne, P. Geo., who qualifies as a Qualified Person under the National Instrument 43-101 standards for the disclosure of mineral projects, operating independently from Falcon Gold Corp.

Conclusion

Falcon Gold Corp. stands at the forefront of exploration in Canada, with aspirations to uncover and advance precious and battery metal opportunities across the Americas. With a strong focus on the Central Canada Gold Project and potential prospects across the country, Falcon continues to solidify its role as a key player in the mining exploration sector.