Falco Announces Significant Increase in Horne 5 Resources

falco, gold, v.fpc

Falco Resources (V.FPC)) is pleased to report an updated mineral resource estimate for its wholly-owned Horne 5 gold project located in Rouyn-Noranda, Qubec. Gold equivalent resources have increased significantly as a result of this update. The updated resource estimate now includes and combines the newly assembled historical underground channel sample database, new economic parameters as per the Company’s recently published preliminary economic assessment (“PEA”), including lowering of the NSR cut-off, additional 2016 drilling results and revised commodity pricing assumptions. New Measured, Indicated and Inferred Resources have been updated for the Horne 5 deposit, which now contains 6 high grade zones.read more

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