Falco Resources Ltd V.FPC

Alternate Symbol(s): FPRGF

Metals & Mining Industrial Metals & Minerals

Falco Resources Ltd. is a Canada-based company, which is engaged in exploring, evaluating, and developing its mineral properties in the Rouyn-Noranda district of the Province of Quebec for base and precious metals. It is mineral claim holder in the Province of Quebec, with a land holdings in the Abitibi Greenstone Belt. It owns approximately 67,000 hectares of land in the Noranda Mining Camp, which represents 67% of the entire camp and includes 13 former gold and base metal mine sites. Its principal asset is the Falco Horne 5 Project, which is located beneath the Horne copper smelter, operated by Glencore, in Rouyn-Noranda, below the old Horne Mine. It treats both copper concentrates and precious metal-bearing recyclable materials as its feedstock to produce 99.1% copper anodes. The gold-rich polymetallic sulfide mineralization at the Horne 5 deposit forms a large subvertical tabular body that measures close to two km in length, 500 to 850 m across and between 20 to 130 m in thickness.

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Falco Resources Ltd

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Post by angel334on Jun 23, 2014 11:18am

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Post# 22685822

Q&A with Dean Linden

Found an interesting Q&A with Dean on Caesars Report. Date: May, 22. Title: Falco Pacific: A fresh look at an old mine.
Some highlights:
- Updated resource estimate expected before end of year
- Higher recovery rates for copper and zinc as well as additition of silver component will very likely grow the resource estimate "substantially". This estimate "will remove any doubts" about the grade of the Horne deposit.
- They are de-watering the Horne mine. At time of interview at 300 meters. So far no problems requiring treatment of water before disposing of it.
DYOR.

Anybody has any news/rumors on the CEO succession?

GLTA.
Angel

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