Falcon Gold Announces Appointment of Interim President and CEO

SUDBURY, ONTARIO -- (Marketwire) -- 01/14/13 -- Falcon Gold Corp. (TSX VENTURE: FG), ("Falcon" or the "Company") announces that Mr. Ed Stringer has resigned as President and CEO of the Company effective immediately and the board of directors has appointed current director, Mr. Jamie Lavigne, P.Geo. as interim President and Chief Executive Officer. Mr. Stringer is resigning due to health reasons and the Board of Directors wishes Mr. Stringer well and a speedy recovery. The Company will be considering alternatives for a full time CEO. Mr. Stringer will remain a Director of Falcon.

About Falcon Gold Corp.

Falcon Gold Corp. is a Canadian mineral exploration company focused on generating, acquiring, and exploring mining opportunities in the Americas.

On Behalf of the Board of Directors

FALCON GOLD CORP.

Jamie Lavigne, P.Geo President, CEO and 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, native issues, etc. Forward looking statements address future events and conditions and therefor, 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.

Contacts:

Falcon Gold Corp.

Jamie Lavigne

President, CEO and Director

Sudbury Office: 705-524-3777
jamie.lavigne@falcongold.ca
www.falcongold.ca