Falcon Reports on Annual General Meeting

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 2, 2014) - Falcon Gold Corp. (TSX VENTURE:FG) ("Falcon", "the Company") wishes to update its shareholders on the results of its Annual General Meeting held on October 2, 2014 in Vancouver. Shareholders voted overwhelmingly in favour of all management resolutions proposed in the Management Proxy Circular and as listed below:

1. The members elected to the Board of Directors include: Mr. David G. Tafel, Mr. Stephen Wilkinson, Mr. James Lavigne, Mr. Brian Crawford and Mr. James Farley.
2. Grant Thornton LLP, Chartered Accountants, was re-appointed as auditor of the Company for the ensuing year.
3. The Company's Stock Option Plan was ratified.

Subsequent to the AGM, the Board of Directors appointed the following officers:

Mr. David Tafel - Chairman

Mr. Stephen Wilkinson - Chief Executive Officer

Mr. James Lavigne - Chief Geologist

Mr. Brian Crawford - Chief Financial Officer

Mr. Kenneth Cawkell - Secretary

About Falcon Gold Corp.

Falcon Gold Corp. is a Canadian mineral exploration company focused on acquiring, exploring and advancing quality mining projects in North America. Falcon can earn up to an 80% interest in the New York Canyon Property which hosts an advanced-stage copper project, located in the Santa Fe Mining District, Mineral County, Nevada.

Falcon also holds a 100% interest in the Washington Silver Bell property, which includes the historic Silver Bell Mine, located in the Republic Mining District, northeastern Washington, USA. Falcon's drill results demonstrate the high grade potential of this silver and gold project with an intersection of 167 g/t Ag over 36.5 m (including a high grade intercept of 511.57 g/t Ag and 0.83 g/t Au over 9.14 m).

Falcon's Burton Gold Property is located in the Swayze Greenstone Belt, Northeastern Ontario, approximately 38 kms northwest of IAMGold Corp.'s Côté Gold Deposit. Drilling completed by Falcon includes: 3.74 g/t Au over an intersection length of 9.96 m and 3.25 g/t Au over 10.35 m. IAMGold Corp. has earned a 51% interest in the Burton Property pursuant to an Option agreement with Falcon.

On Behalf of the Board of Directors

Falcon Gold Corp.

David Tafel, Director

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.