Published: 03 September 2013

Falcon Gold Zimbabwe Limited, a junior gold mining company, with all of its operations in Zimbabwe, announced that it had shut down its 100% owned Dalny Mine located in the Kadoma region, effective from 30th August, 2013.

Dalny Mine employs approximately 900 people, produced 3,816 ounces of gold in the six months ended 31 March 2013, resulting in revenue of $7,004,723 during that period and was projected to generate approximately $13,720,680 for the twelve months period ending 30 September 2013. In 2012 Dalny Mine contributed significantly generating $17,317,061 or 50% of the Falcon Gold Group's revenue.

FALG Notice to Shareholders.pdf

- FALG

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