Falcon Gold Commences Drill Program at Washington Silver Project

Falcon Gold Corp. ("Falcon Gold" or "the Company") (TSX VENTURE:FG) is pleased
to announce that it has commenced a 1,000 metre diamond drill program at the
Silver Bell open pit located on its 100% owned Washington Silver Property. The
drill program is focused on testing and evaluating the potential for Silver-Gold
mineralization below and immediately adjacent to the historic Silver Bell open
pit mine.


Falcon Gold completed a summer exploration program on the Washington Silver
Property that included property wide geological mapping as well as detailed
mapping and sampling in the Silver Bell open pit area. Recent grab samples
collected by Falcon Gold (news release August 23, 2012) returned numerous high
grade silver assays including a high of 2,700 grams per tonne (g/t) silver and
5.58 g/t gold.


The Washington Silver Project

The Washington Silver property encompasses approximately 880 acres, consisting
of the Silver Bell Mining Lease and exploration claims, is located in the Ferry
and Okanogan Counties in north central Washington State, approximately 14
kilometres (km) northwest of the town of Republic and 50 km south of the
Canada-USA border.


The district has been an active precious metal mining region for over 100 years.
A number of past producing silver and gold mines collectively represent an
Epithermal Ag-Au district which extends from Northern Washington into British
Columbia. Hecla Mining operated the Knob Hill Mine near Republic, which produced
an estimated 2.4 million ounces of gold before closing, and current projects in
the region include Midway Gold's Golden Eagle deposit (discovered by Hecla
Mining in 1988) and Kinross Gold Corporation's Buckhorn Gold deposit and K1/K2
deposit. Kinross' 1,800 tpd capacity Kettle River Mill is located approximately
8 km from the Washington Silver Property. Silver was first discovered in the
area of the Washington Silver Property in 1897 and the property has had a
sporadic production history including 1907, 1940, and 1980-1983. During the
period 1980-1983 production came from the Silver Bell Open Pit located on the
Silver Bell Mining Lease. The property contains a number of Au and Ag showings
consisting of veins, vein stocks works, and siliceous breccias consistent with
the district style of epithermal mineralization.


Qualified Person

Jamie Lavigne, P.Geo, Vice President Exploration and Director of Falcon Gold has
reviewed and approved the technical contents in this press release.


About Falcon Gold Corp.

Falcon Gold Corp. is a Canadian mineral exploration company focused on
generating, acquiring, and exploring quality mining opportunities in the
Americas.


On Behalf of the Board of Directors

FALCON GOLD CORP.

Edward Stringer, President, CEO and Director

This news release may contain forward looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, etc. Forward looking
statements address future events and conditions and therefor, involve inherent
risks and uncertainties. Actual results may differ materially from those
currently anticipated in such statements.

Falcon Gold (TSXV:FG)
過去株価チャート
から 5 2024 まで 6 2024