Mr. Karim Rayani reports

FALCON GOLD INTERSECTS BROAD SULPHIDE AND ALTERATION ZONES AT GREAT BURNT; COMPLETES FIRST HALF OF DRILL PROGRAM WITH EXPANDED DEPTH TARGETING

Falcon Gold Corp. has successfully completed the first five drill holes at its Great Burnt project in southern Newfoundland. Representing 50 per cent of the planned drill program, these initial holes were designed to test prominent magnetic and electromagnetic anomalies -- and even at this very early stage, the emerging data have significantly boosted the company's confidence. Drilling paused during spring break and will resume shortly.

The five completed holes -- totalling 730 metres of NQ core -- tested a 400-metre strike along a 6,000-metre-long anomaly corridor. Encouraged by robust sulphide intersections and intense alteration -- along with promising electromagnetic responses -- the company not only deepened each of these first five holes, but also expanded the permit footprint to allow up to 3,000 metres of additional drilling.

Key observations include:

• Robust sulphide mineralization -- predominantly pyrite and pyrrhotite with minor chalcopyrite, appearing as disseminations, clots and stringers in both sedimentary and volcanic units;
• Significant quartz veining -- well-developed quartz stockwork -- occasionally exceeding 50 per cent quartz -- indicative of vigorous hydrothermal fluid flow;
• Intense alteration -- core exhibits silica, chlorite, epidote, carbonate and iron carbonate -- hallmarks of a substantial mineralizing event.

The Great Burnt project lies within a prolific sulphide corridor, flanked to the south by Benton Resources and to the north by FirstAtlantic, both of which have recently delivered compelling drill results. This regional success further underscores the prospectivity of Falcon's targets.

"While exploration is still in its infancy, the vectoring markers we are seeing -- the sulphide textures, veining intensity and alteration halo -- suggest we are very close to zeroing in on a discovery," stated Karim Rayani chief executive officer. "With half our holes complete, deeper drilling under way and a 3,000-metre permit secured, we're poised to accelerate and advance toward a significant sulphide system."

Falcon Gold will continue to update shareholders as the expanded drill program progresses and assay results are received and logged.

Qualified person

Victor French, PGeo, an independent qualified person as defined in National Instrument 43-101, has reviewed and approved the technical contents of this news release on behalf of the company.

About Falcon Gold Corp.

Falcon is a Canadian mineral exploration company focused on generating, acquiring and exploring opportunities in the Americas. Falcon's flagship project, the Central Canada gold mine, is approximately 20 kilometres southeast of Agnico Eagle's Hammond Reef gold deposit, which currently has an estimated 3.32 million ounces of gold (123.5 million tonnes grading 0.84 gram per tonne gold) mineral reserves and 2.3 million ounces of measured and indicated mineral resources (133.4 million tonnes grading 0.54 g/t gold). The Hammond Reef gold property lies on the Hammond shear zone, which is a northeast-trending splay off the Quetico fault zone (QFZ) and may be the control for the gold deposit. The Central Gold property lies on a similar, major, northeast-trending splay of the QFZ. The neighbouring properties' results do not necessarily apply to the current project or property being disclosed.

The company holds multiple additional projects: the Viernes gold-silver-copper project in the world-class copper cluster located in Antofagasta, Chile; the Springpole West property in the world-renowned Red Lake mining camp; a 49-per-cent interest in the Burton gold property with Iamgold near Sudbury, Ont.; the Spitfire-Sunny Boy claims in British Columbia; the Great Burnt copper project in central Newfoundland; and, most recently, battery metals projects, including the Timmins West nickel-copper-cobalt property in Ontario, the Outarde nickel-copper-cobalt property, the HSP nickel-copper property in northern Quebec, and the Havre St. Pierre anorthosite complex.

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