Rimo

The RIMO project includes the Rivière Mouilleuse and Ruisseau St-Pierre properties. The following description is on the Rivière Mouilleuse property.

Property and Project Type

The RIMO property is a Greenfield exploration project and consists of 87 claims covering an area of 3,623 ha. It is 100% owned by Falco Resources.

Location

The RIMO property is located in Duprat Township, about 25 km North West of the city of Rouyn-Noranda.

Target minerals

Copper-Zinc-Gold

Geology

The property is underlain by a gently dipping bimodal sequence of felsic and intermediate volcanic rocks bearing the same geochemical signature as the wall rocks of the Horne Mine Complex. The presence of angular breccia facies and exhalative horizons suggests the proximity of paleo exhalative vents and their associated sulfide mineralisation.

GeologyMap IconClick to view Geology map GeologyMap IconClick to see the location of the Horne 5 deposit in Quebec

Historic Workings

Several companies have done exploration work on the property. Since 1951, 25 geophysical surveys including 6 mags, 12 EM, 5 IP, 1 VLF and 1 Turam were carried out, as well as 26 campaigns of mapping, prospecting and sampling, and 73 drill holes.

In 2013, Falco carried out an In Loop TDEM survey and drilled three holes on the best anomalies for a total of 1044 metres.

Economic Geology

Several showings are known on the property:

  • Montbray 113-GX7886:

    0.8% Cu and 9.0 g/t Ag in a grab sample

  • Montbray-8:

    4.04% Zn, 0.4% Cu and 1.37 g/t Au in a grab sample

    1.29% Zn and 0.6% Cu in a grab sample

  • DUP-10-12:

    9.78 g/t Au over 0.5 metres in an andesite with 4% quartz-carbonate-pyrite veins

  • DUP-04-11:

    1.08 g/t Au over 3.2 metres and 1.3 g/t Au over 1.5 metres in a rhyolitic breccia

  • NW_63-3:

    1.7 g/t Au over 0.3 metres in a silicified andesite

  • NW_XIV_6:

    1.4 g/t Au over 0.3 metres in a sulfide bearing rhyolitic breccia

  • Sample 173773 (SOQUEM):

    4.18% Cu in a grab sample

One drill hole (17906-14-03) done by Falco in 2014 intersected a 0.3 metre thick exhalative horizon on top of a 5 metre rhyolitic breccia. The exhalative horizon assayed 0.47% Zn and 4.6 g/t Ag.

Falco Resources Ltd.

1100, avenue des Canadiens-de-Montréal, Suite 300
Montréal, QC H3B 2S2

Tel: +1.514.905.3162

info@falcores.com

+1.514.940.0670
+1.514.940.0669
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