FGLDF - Falcon Gold/Marvel Alliance applies for permits to start drilling at Hope Book Property in Newfoundland

(NewsDirect)

Falcon Gold/Marvel Discovery Alliance CEOKarim Rayani joined Steve Darling from Proactive to share news aboutthe company's plans for the Hope Brook Property in southernNewfoundland.

The Alliance hasapplied for drill permits to carry out activities on their GoldenBrook prospects within the Hope Brook Property. This property issituated within the Exploits subzone of the central Newfoundland goldbelt, known for its significant mineral potential. Besides gold, thecompany believes there is potential for lithium on the property aswell.

Rayani informed Proactivethat two permit applications have been submitted. The firstapplication is for portable drilling across the entire property, whichwill expand current prospecting permits and allow for portabledrill-testing of targets throughout the area. The second applicationaims to diamond drill test prospects within the Kraken-Hydra trend, a10km area of limited exploration located between Benton-Sokoman'sKraken Li-Ta discoveries and the Hydra Cesium Discovery.

The diamond drill permit applicationincludes six drill pad locations with 1,000 meters of drilling plannedfor 12 drill holes. This phase of exploration is expected to providevaluable insights into the geological potential of the area and couldpotentially lead to significant discoveries.

The company's decision to apply forthese drill permits demonstrates its commitment to unlocking the fullmineral potential of the Hope Brook Property. As exploration anddrilling activities progress, Falcon Gold/Marvel Discovery Allianceaims to enhance its understanding of the property's resourcepotential, particularly in gold and lithium, and pave the way forfurther development and growth opportunities.

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Proactive Investors

+1 604-688-8158

na-editorial@proactiveinvestors.com

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