Falco Pacific Resources Group Inc. (
TSX: V.FPC,
Stock Forum) said Wednesday it has appointed Paul-Henri Gerard to its board of directors.
Girard joined Falco Pacific earlier this year in the role of Senior Mining Advisor to oversee the advancement of the next phase of the Horne Mine Complex project near Rouyn Noranda, Quebec.
Prior to joining Falco Pacific, Girard was vice-president, Canadian Operations at
Agnico-Eagle Mines Ltd., (
TSX: T.AEM,
Stock Forum) where he was instrumental in the development of Agnico’s flagship LaRonde polymetallic mine.
Falco Pacific has 100% ownership of over 700 square kilometers of ground in the fabled Rouyn Noranda mining camp. Its holdings include the Horne Mine Complex area, where Falco Pacific is focused on developing the Horne 5 project.
The company recently filed a technical report containing an initial resource estimate for the upper portion of the Horne 5 project. The estimate is based on data compiled between 1924 and 1976 by a company previously known as Noranda. The data includes 4,384 underground diamond drill holes.
Girard’s appointment to the Falco Pacific board comes as the company not only looks to continue to de-risk the opportunities in an around the Horne 5 project, but also begins to ramp up exploration on high priority targets throughout the Rouyn-Noranda project area.
Falco Pacific shares rose 2.3% to 45 cents Wednesday, leaving the company with a market cap of $32 million, based on 71.1 million shares outstanding. The 52-week range is 87 cents and 17 cents.
Disclosure: Falco Pacific is a Stockhouse client.