Falcon Gold Corp (TSX-V:FG, OTC:FGLDF) CEO Karim Rayani said the company is well positioned for a remarkably busy summer as it has acquired projects of merit in the Americas.
In a letter to shareholders, Rayani said the company had acquired and holds more than 140,000 hectares of ground in Central Newfoundland tied on to major structures, putting it in the top 8% for landholders.
“Most of our assets in Central Newfoundland we control 100% with no property payments or net smelter royalties,” he said. “This makes us uniquely positioned for greater success as new discoveries are potentially made.”
READ: Falcon Gold bolsters portfolio with two 'green metal' projects in Canada
Rayani said crews were currently mobilized on multiple projects in Central Newfoundland, and that it has completed the first phase of exploration at Gander North, including baseline prospecting, soil sampling, and trenching.
He also noted the company’s expansion into Latin America with its acquisition of the “highly prospective” Viernes project in Northern Chile. The company has also acquired two battery metal-focused projects in Ontario and Quebec.
Alongside the shareholder letter, Falcon said that its annual general meeting would be held on August 10, 2022.
The full shareholder letter can be found here.
Falcon is a Canadian mineral exploration company focused on generating, acquiring, and exploring opportunities in the Americas.
Contact the author at emily.jarvie@proactiveinvestors.com
Follow her on Twitter @emilyjjarvie