Falcon Gold launches exploration program in Ontario’s Red Lake District
Falcon Gold (TSXV: FG) launched this week an exploration sampling program on its Wabunk Bay gold and base metal property located in the Red Lake District of northwestern Ontario.
In a press release, the Vancouver-based miner said the objective of this initial program is to follow-up on historical trenching and drilling activity and entails prospecting and sampling showings that historically have produced encouraging surface and drill core assay values.
The claims to be explored cover an area of approximately 304 hectares and are contained within the Birch-Uchi-Confederation Lakes greenstone belt which hosts the Red Lake gold deposits as well as Great Bear Resources’ Dixie project.
“The Wabunk property appears to be hosted within a similar geological structure to the Dixie Lake project,” Falcon said in a media brief. “The Red Lake mining district has produced over 30,000,000 ounces of gold and is one of the premier mining districts in Canada, benefitting from major active mining operations including the Red Lake Gold Mine of Goldcorp.”