Falco Resources' genesis was from the acquisition of the remnants of one of Canada's most established VMS mining camps, the Rouyn Noranda Mining Camp, including the Horne Mine Complex area (birth place of Noranda in the 1920's) and 13 other former producers. Falco Resources has 100% ownership of over 700 square kilometres within the historic mining camp.
Falco Resources has employed a highly technical digitization and data mining strategy to move over 80 years of history into the 21st Century. The unique combination of bundling this proprietary data with modern day technology has led Falco Resources to the "Great Leap" which resulted in the rediscovery of the Horne 5 deposit and has created a path to a maiden National Instrument 43-101 compliant Inferred Mineral Resource. The Inferred Mineral Resource consists of 2.15 million oz gold (2.8 million oz gold equivalent) at: 25.3 million tonnes @ 2.64 g/t gold, 0.23% copper, 0.70% zinc (3.41 g/t gold equivalent). For complete details see Falco's March 4, 2014 press release.
The Horne 5 deposit sits adjacent to the original Horne Mine as part of the Horne Mine Complex. Horne Mine was the highest gold grade VMS deposit of its size in the world which historically produced 11 million oz of gold and 2.6 billion lbs of copper (54Mt @ 6.1 g/t gold, 2.2% copper and 16 g/t silver). For complete details see Falco's February 13, 2014 press release.
1926 Image of Horne Mine Falco Resources' focus is to de-risk and optimize the 2.8 million oz (gold equivalent) Horne 5 Deposit. As well continue to compile the remaining historic Noranda data for the Horne Mine Complex area and the rest of the 700 square kilometre Rouyn Noranda camp with the intention of remaining as one of the world's truly inexpensive alternative asset generators within one of the top stable political jurisdictions in the world (Quebec/Canada).
Falco Resources advises that the production, tonnage and grades listed above are historical in nature and have not been verified. The historical mineral estimates are not supported by a technical report.