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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Comment by bxjuon Jan 25, 2016 9:31pm

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Post# 24492568

RE:6m+ oz's gold in Quebec, $30m mkt cap - $100'sm in infrast..

goldmember1 wrote: Osisko major owner, etc..etc...with all the above, why is Falco trading at such a huge discount to peers? What am I missing here?

Guess we are mssing how much gold is hated. This is working out to be about $5 oz for high grade gold in a primo location. Can anyone recall a larger increase in indicated? Other than BGM's bogus 10mm+ indicated that later got reduced to 1mm ind and the former CEO and QP censored and fined? This is the report most were expecting 2 years back and it all came in as Inferred since they did not have complete data and probably well aware of the BGM 43-101 issues..

Deadlock uses $40 oz measured and indicated and $20 oz inf..which is pipe dreaming in this market.

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