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Falco Resources Ltd V.FPC

Alternate Symbol(s):  FPRGF

Falco Resources Ltd. is a Canada-based company, which is in the business of exploring, evaluating and developing mineral properties in Canada. The Company is focused on developing its mineral properties in the Rouyn-Noranda region of the Province of Quebec for base and precious metals, primarily on its wholly owned Horne 5 polymetallic deposit (the Horne 5 Project). The Horne 5 Project is located adjacent to Glencore Canada’s operations. It owns mining claims and contractual rights in or in relation to mining concessions in the Rouyn-Noranda mining camp (the Mining Camp).


TSXV:FPC - Post by User

Bullboard Posts
Post by Management1ston Nov 23, 2017 8:42am
186 Views
Post# 27017477

From the MDA

From the MDALoan (May 30, 2016)
By November 30, 2017, Falco and Osisko shall negotiate in good faith the terms, conditions and form of a silver and/or gold stream agreement, which shall be substantially in the form typical for such transaction in the industry, whereby Osisko may provide Falco with a portion of the development capital required to build the Horne 5 Project.

The 2017 Campaign
As of November 9, 2017, the Company has completed approximately 76% of the 50,000 metres of the drilling forecasted as part of the 2017 Campaign. The Company intends to complete the drilling for the 2017 Campaign by the end of December 2017 and the analysis will be completed in January 2018.
Bullboard Posts