FALCON GOLD: Aggressive Phase 1 Exploration Kicks Off in Central Newfoundland, Establishing New Gold Camp

Falcon Gold Advances Exploration on Valentine Lake Fault Land Package

TORONTO, November 25, 2025 – Falcon Gold Corp. (TSXV: FG, FSE: 3FA, OTC-Pinks: FGLDF) is ramping up exploration efforts in central Newfoundland, announcing the engagement of GeoXplore Surveys Inc. to conduct Phase 1 exploration on its newly consolidated 17,225-hectare land package. This strategic move positions Falcon Gold within Newfoundland’s burgeoning gold district, along the prolific Valentine Lake Fault System.

The Valentine Lake Fault System has become a focal point for gold exploration in recent years, drawing significant investment and generating considerable excitement. Falcon Gold’s consolidated land position places them in proximity to Sokoman Minerals’ Crippleback Lake Trend to the west and Benton Resources’ Stony Lake Caldera Corridor to the east. Crucially, the corridor aligns with the Valentine Lake Fault System, the geological engine driving Equinox Gold’s Valentine Gold Mine, Newfoundland’s largest gold mine and a rising star among Canadian gold producers. The Valentine Gold Mine boasts substantial reserves, underscoring the significant gold potential of this geological corridor.

“This land package gives Falcon control over one of the most overlooked segments of the Valentine Lake structural trend,” said Karim Rayani, CEO. “We are moving aggressively to define targets and establish this area as Newfoundland’s newest emerging gold camp.”

Strategic Foundation

Falcon’s district-scale land package bridges two active exploration fronts, strategically positioning the company to potentially capitalize on discoveries along this highly prospective trend.

• Sokoman Minerals’ Crippleback Lake Trend to the west
• Benton Resources’ Stony Lake Caldera Corridor to the east

The Valentine Lake Fault System, characterized by crustal-scale deformation, offers key fluid pathways conducive to gold mineralization. Its proven continuity over a significant strike length (+200 km) supports the potential for significant discoveries.

Phase 1 Exploration Program

Falcon Gold is wasting no time in initiating its exploration program. GeoXplore Surveys Inc. is mobilizing to conduct a comprehensive, discovery-focused campaign. The program components includes:

1. Regional scale till geochemistry.
2. Prospecting and detailed geological mapping.
3. High-resolution magnetic reinterpretation and 3D structural modelling.
4. IP-Resistivity surveying across priority targets.
5. Trenching across target areas.

The integration of till geochemistry, detailed geological mapping, and high-resolution geophysics represents a systematic approach to identifying and prioritizing potential drill targets. The 3D structural modeling will be particularly important in understanding the complex geological architecture of the area and its influence on gold mineralization.

Mike Kilbourne, P.Geo., a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical content of this release.

About Falcon Gold Corp.

Falcon Gold Corp. is a Canadian mineral exploration company focused on generating, acquiring, and exploring opportunities in the Americas. Falcon’s flagship project is the Central Canada Gold Mine, approximately 20 km southeast of Agnico Eagle’s Hammond Reef Gold Deposit. The Company also holds interests in the Burton Gold property near Sudbury Ontario; Spitfire-Sunny Boy claims in B.C.; Great Burnt Copper-Gold Project in Central Newfoundland; and battery metals projects, Timmins West Nickel-Copper-Cobalt Property Ontario, Outarde Nickel-Copper-Cobalt Property, and the Nickel North property in Quebec.

Forward-Looking Statements

This news release may contain forward looking statements. Actual results may differ materially from those currently anticipated in such statements.

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