[Music] [Music] welcome to Inn CEO talks joining me today is Kim Rani the CEO of Falcon gold which trades on the TSX Venture under the s FG Falcon gold is a Canadian mineral exploration company focused on generating acquiring and exploring opportunities in the Americas primarily in Canada but also into Chile Grim welcome St always a pleasure it's been a while since we've had this conversation about Falcon gold why don't you bring us up to speed because on your Canadian projects first of all you've got central


Canada uh let's start there what what's happening what's the the current state of affairs so central Canada is located in uh Northern Ontario uh just outside or or just inside the town of Oken Rich mining history dating back to the 30s uh the central Canada project is our Flagship 230,000 ounces historic resource grading 9.99 GS wow um it's been on car and maintenance the last 12 to 18 months you ran into some weather challenges didn't weather challenges uh about a year and what happened there


extreme flooding uh forest fires and drill crew uh basically with the delays we couldn't keep the the drill crew on standby any longer so it caused about a two-year delay wow so uh we're quite excited to to be returning to central Canada we did use the time wisely we have a number of Holdings in Newland about 100,000 hectares tied onto major structures I think most of your viewers are familiar with uh Newfound gold we've got Holdings in the northern part of Newland in the southern part in


the hope uh District uh we got Mador mining attached to us on the North uh first mining's deposit which is since been optioned to Big Ridge million ounces on the top a million ounces on the bottom and we have all the ground right in the middle uh and then directly to our East we have the first or the second lithium discovery on the island benon soimon are directly tied on they've been hitting very high grades of of peg sites uh so much so that a company by the name of um uh pedmont lithium just injected 20


million into that company to earn a 70% interest so pedmont is uh is an $800 million market cap company they recently signed oft agreements with Tesla and they're kind of poised to become the next supplier of spuming really so this is already in the works this is a big project and we have one of the largest land Holdings in the center of all this action so where are you at on development of that that property we just completed a surface sampling soils uh just about a month or two back uh because of weather it's a


little it's a little tedious to get in there we have to Brook you know book Cruise you know six months to a year in advance uh so the next uh we'll probably be getting in there by about uh April May of next year and then once we have our uh drill targeting done will basically be mobilizing permits and and get Crews on the ground so what is the plan for Falcon gold as far as ownership moving forward do you see Vending in or will you stay with this project as it continues to unfold we have about 14


projects uh mainly focused in Canada uh the central Canada project is our Flagship so that you know obviously we're spending uh resources there The Hope Brook was was a goal project but now it's turning into a lithium so with pedmont kind of new in the area there's a great CH you know a greater chance that they come you may come and knock on our door they recently did a deal with Benton and soimon and we're right there on the same Trend same fault line and from our initial work that


we've done we've got lithium but we also have critical elements uh we had over 30 or 40 different elements encountered on our most recent program the thing with New Finland is because it's New Territory um a lot of discoveries are getting you know found uh you know it's kind of a you know a treasure chest you know you're going in for gold but you get lithium or our other project in the north the great burnt um has been hitting some of the highest our neighbors have been hitting some of the


highest Carper numbers across the board between 2% and 11% copper over some pretty decent intercepts so and we have again the largest land package in the great burnt Camp next door to Benton so with those two proct projects that are in Newland the pedmont and the great burnt what are your strategies going forward though like uh as you move in and prove out the resource and then move to the next stage of development will Falcon gold stay uh involved uh we're we're trying to do it all ourselves 100% control 100% interest


uh NSR net smelter royalty you know really Advance the projects to a stage then where where we can bring in an operator uh our job is or our goal is not really to put into production but to prove up a resource and then bring in someone like a pedmont who can execute and take it to the next level MH we're trading at our 52 we lows like most gold companies uh the last yes you know what uh you know I think the next you know 6 to 12 months for gold is looking strong we're back up to over 2,000


Canadian uh so I think it's just timing and interest rates and you know the the whole macro environment right now for gold is is looking better and more bullish than ever so well for investors they take a look at any uh project that's developing like this and say okay where are you at right now and how does that line up with the intersection when the market will go and your ability to go to go to market by producing where do you think that you're at in that timeline I would say the the most


advanced project we have is a central Canada just because we're going based on a 200,000 ounce resource um if you look at you know the lithium or you look at the Copper you those are a bit more earlier stage projects it's going to take a little bit of resources and time to Define them however because our neighbors are having such great success I think we can get to those stages where we do actually have a proven resource provided you know the provided that the you know the commodity Market you know you know returns that


we're able to execute on our fundraising initiatives Etc I think the next you know 12 to 24 months you know we should be able to get some drills going and and prove up some numbers so for investors what's the most important thing that you want them to understand about Falcon gold right now because as you pointed out you've got numerous projects most of them here in North America but you're also down in Chile what is the most important thing for investors to consider uh right now as they say yeah I


might be interested in putting some money into you I think if you're looking for a company that's been trading you know again 52 week lows that's uh exposed to lithium exposed to Gold exposed to Copper which is turning out to be one of the highest great copper you know projects especially in Newland if if not Canada um I don't think you can get more value on a company that's trading you know where we're currently trading at if you look at anagasta City uh where our chili projects are that is


the richest carporate producing region in the world and we've got ground tied on to baric yamana BHP uh baric paid u 1 billion cash or sorry anagasta paid 1 billion cash to baric to earn a 50% interest a 50% interest 50% interest and we're right in the center of this action mhm so you know I think uh you know as the gold markets return you we'll be able to execute on our long-term strategy uh but from a point of Canada where we're focused on right now because you know we're we're choosing very


wisely where to spend our money I think between the central Canada and the Newland projects I think there's enough there to you know to really gather or or to gain momentum here and what would you suggest investors that they look for in the next quarter uh as they go through the process of considering Falcon gold news flow will be uh priting uh drilling on on both the Hope Brook tied on to which is now pedmont which is you know very significant we've got the Benton um uh sorry the great burnt project which


just TI on to Benton soimon which is as high as 11% copper over 20 M uh so I think once we get those permits in and we're able to to execute on a drill plan um if you look at the the share price of Benton over the last you know few weeks it's up 300 400% so you know we've been in a fairly you know slow period but once drills start turning I think uh you know I'm I'm fairly optimistic that we'll be able to you know generate some some high grade material when do you anticipate


those drills are going to the ground and then by extension when will we see some results I think we're probably about 3 to four months away from permits mhm so hopefully we'll be able to start drilling by April May and and later that quarter get the results correct so it's a good time to be looking at Falcon go I think uh I think most deals if you look at any of the majors uh you look at some of the smaller producers you know with gold you know I think most people are predicting gold to be anywhere between


23 and $2,500 you know this time next year you know I think the I think uh I think this is a great opportunity wonderful thanks for your time today thanks to you