Falcon Gold Begins West Hammond Field Programme

Falcon Gold Corp. has commenced field exploration at its West Hammond Contact Property in northwestern Ontario, expanding its district-scale strategy around the Central Canada Gold Project. The 156-claim property covers approximately 3,068 hectares within the Atikokan-Hammond Reef Gold District. Falcon’s initial programme will assess priority areas through prospecting and geological evaluation, with the aim of defining targets for follow-up work. The property sits within the Finlayson Greenstone Belt and regional structural corridors that include interpreted extensions of the Marmion Shear Zone.

Building A District Portfolio

West Hammond is intended to add prospective satellite targets and potential gold-bearing systems to Falcon’s wider exploration portfolio in the district. Historical exploration on the property has identified gold occurrences, geochemical anomalies and favourable geological contacts.

Karim Rayani, Chief Executive Officer at Falcon Gold, said:

“Falcon is strategically positioned in an emerging gold district anchored by the Hammond Reef deposit, one of Canada's significant undeveloped gold deposits. Our strategy is to acquire prospective ground in established gold-bearing districts, evaluate historical occurrences and structural targets, and systematically advance opportunities that may have been overlooked. West Hammond is an important part of that strategy, and we are pleased to begin evaluating the property on the ground.”

Hammond Reef Setting

The Atikokan-Hammond Reef district has a gold exploration and development history extending more than a century, with gold discovered at Hammond Reef in 1895. The project was advanced through drilling and technical studies by Brett Resources and Osisko before joining Agnico Eagle’s portfolio.

According to Agnico Eagle’s public disclosure, Hammond Reef hosts approximately 3.3 million ounces of probable gold reserves and a further 2.3 million ounces of measured and indicated gold resources as at 31 December 2025. The project has received federal and provincial environmental approvals, although further permits and a development decision would be required before construction.

Falcon noted that mineralisation at Hammond Reef is not necessarily indicative of mineralisation on its properties, and that information about the nearby project has not been independently verified by the company.

Next Exploration Steps

Following the sampling programme, Falcon plans to define priority targets for follow-up exploration and provide an update in the coming weeks. The technical content of the release was reviewed and approved by Mike Kilbourne, P. Geo., an independent Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Karim Rayani, Chief Executive Officer at Falcon Gold, added:

“Rather than relying on a single project, we are building a portfolio of prospective exploration opportunities within a district that has already demonstrated its ability to host significant gold mineralization. Our approach is to acquire strategically located ground, apply disciplined exploration and advance the most compelling targets as the geological picture develops.”