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.

TSXV:FPC - Post by User

Falco Resources Ltd

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Post by BSCasinoon Oct 17, 2017 5:11pm

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Post# 26823208

Osisko has skin in the game

From Stockwatch. If I had to guess, a big chunk of this is going toward Horne 5

2017-10-17 12:26 ET - News Release

Mr. Joseph de la Plante reports

OSISKO INCREASES PREVIOUSLY ANNOUNCED BOUGHT DEAL OF CONVERTIBLE SENIOR UNSECURED DEBENTURES TO C$284 MILLION

....

The net proceeds from the upsized offering will be used to fund the acquisition of precious-metal royalties and streams, working capital, and general corporate purposes.

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