Last C$0.62 CAD
Change Today +0.02 / 3.33%
Volume 100.7K
As of 3:52 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

falco resources ltd (FPC) Snapshot

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02/24/14 - C$0.87
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falco resources ltd (FPC) Details

Falco Resources Ltd. explores for and evaluates properties for base/precious metals in Canada. The company owns 100% interest in the Rouyn-Noranda project with a land package spanning approximately 700 square kilometers located in Quebec. It also holds 100% interest in the Beauchastel gold property, which comprises 34 claims covering 1,331 hectares located in the west central portion of the Rouyn-Noranda camp in Quebec. The company was formerly known as Falco Pacific Resource Group Inc. and changed its name to Falco Resources Ltd. in July 2014. Falco Resources Ltd. is headquartered in Vancouver, Canada.

falco resources ltd (FPC) Top Compensated Officers

Chief Financial Officer, Secretary, Director,...
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

falco resources ltd (FPC) Key Developments

Falco Announces Resignation of Darin Wagner as Chairman and as a Member of the Board of Directors

Falco Resources Ltd. announced that Mr. Darin Wagner has resigned as its Chairman and as a member of the Board of Directors so that he may focus his efforts on his duties as President and CEO of another exploration company. In addition to serving as Chairman, Mr. Wagner was a co-founder of Falco and played a key role in negotiating the acquisition of the Rouyn-Noranda properties. Falco and the Board are currently evaluating alternatives with respect to appointing a new Chairman, which is expected to form part of a broader Board rejuvenation process.

Falco Resources Ltd. Outlines Six Gold Zones Adjacent to Horne 5 Deposit

Falco Resources Ltd. announced that it has identified six gold zones with significant grade and continuity located adjacent to its Horne 5 deposit. Along with five previously disclosed zones, these 11 gold zones identified from historical drilling demonstrate the potential to add to the Horne 5 resource estimate. Falco has identified what it believes to be the down dip extension of the Horne West gold deposit. The Lower West Zone is located within a very large underexplored mineralized corridor with dimensions of 250 x 380 x 620 metres (m) at a vertical depth of 800m. The zone remains open above and below. The Lower West Zone drill results includes 14.6m of 5.53 grams per tonne gold (g/t Au) in hole HN_21-2822; 8.5m of 10.40 g/t Au, including 4.5m of 17.83 g/t Au in hole HN_9-90; and 12.2m of 4.29 g/t Au, including 6.1m of 6.69 g/t Au in hole HN_2845; 10m of 5.49 g/t Au in hole HN_09-281 (AM Zone); 21m of 2.87 g/t Au, including 3.10m of 18.22 g/t Au in hole HN_47-8676 (AA Zone); 6.10m of 6.51 g/t Au in hole HN_09-558 (K Zone).

Falco Pacific Resource Group Inc. Announces Commencement of Drilling on its Rivière Mouilleuse Copper-Zinc-Gold Property

Falco Pacific Resource Group Inc. announced commencement of drilling on its Rivière Mouilleuse ("Rimo") copper-zinc-gold property, located 25 kilometres northwest of the city of Rouyn-Noranda. The Rimo property covers the only regionally extensive volcanic sequence in the Rouyn-Noranda camp featuring the same distinct geochemical characteristics as Falco's Horne Complex which hosts the Horne-Quemont high-grade, Cu-Au VMS system and Falco's Horne 5 deposit. Recent work by Falco has identified numerous near-surface conductive features within this sequence of "Horne-type" altered volcanic rocks which will be the focus of a multi-phase exploration program beginning with the testing of three targets in the current drill campaign. Rimo Highlights; Largest underexplored VMS setting in the Rouyn-Noranda mining camp and lithogeochemical similarities to the Horne Complex; Numerous shallow, recently identified and untested EM conductors; 2+ km long exhalative sequence, commonly associated with productive VMS horizons throughout the camp, that has never been drill tested; Presence of alteration typically associated with VMS deposits; Numerous zinc-rich showings - consistent with lateral placement to VMS mineralization; Rimo and the Duprat Rhyolite: Rimo is underlain by a northeast-southwest striking package of felsic volcanic rocks distinct from any other sequence within the Noranda Camp as being most similar to the felsic volcanic rocks that host the Horne, Quemont and Horne 5 deposits.


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