Falco Resources (FPC.V) has released the results of the feasibility study it has completed on the Horne 5 polymetallic project in Rouyn-Noranda, Québec. There were no huge surprises compared to the Preliminary Economic Assessment as the FS confirms a mine life of 15 years with an average gold production of […]
Falco Resources (FPC.V) has entered into an agreement with the ABB Group (ABB) which includes the EPCM contract for the hoisting systems which will be used at the underground polymetallic Horne 5 mine in Rouyn-Noranda, Québec. The deal includes three hoists, and the service and auxiliary hoists will be installed […]
Since we published our first full report on Falco Resources (FPC.V) less than a year ago, the company’s share price has increased by approximately 150%. A lot has happened in the past 12 months as Falco released a Preliminary Economic Assessment on the Horne 5 property confirming the economics of […]
It has already been a great year for Falco Resources (FPC.V) so far as the company’s share price has tripled since we published our first report. Meanwhile, Falco has continued to work on the Horne 5 Deposit, released a positive Preliminary Economic Assessment (which we already discussed in a previous […]
Preliminary Economic Assessments exist in all shapes and forms and definitely haven’t been created equal. When we first talked to the Falco Resources (FPC.V) management team, it became quite obvious the new management team (ex-Osisko people) wanted to advance this project as fast as possible, but they also wanted to […]
Falco Resources (FPC.V) has released the preliminary economic assessment on the Horne 5 project located at its Rouyn Noranda mine camp, in Canada’s Québec province. As expected, the company will be able Horne 5 as a bulk tonnage underground mine and as Falco intends to install a Ball mill and […]
Falco Resources (FPC.V) has been quiet for a while, but earlier this week the company announced it was mobilizing two drill rigs to start a new surface drill program at the Horne 5 mine in Québec, Canada. Falco is planning to drill a total of 20,000 meters, divided in 10,000 […]
We would like to introduce you to Falco Resources (FPC), an advanced stage exploration company with the past-producing Horne 5 mine as its main asset. This company ticks all our boxes as Horne 5 is located in a mining-friendly region, is a past-producing producer and has now reached the critical […]
Falco Resources (FPC.V) has released an updated resource estimate at the Horne 5 mine, located in Rouyn-Noranda, Québec. As we explained in some previous blog posts, we were quite excited to see a junior mining company getting its hands on a past-producing mine right at the city limits of Rouyn. […]
Falco Resources (FPC.V) has announced three new people have been nominated for a director’s position at the company. It looks like chairman Sean Roosen played an important role in selecting the new nominees as they could all be considered to be heavy-weights in the mining industry. First up is Claude […]
Falco Resources (FPC.V) has closed its earlier announced private placement. The company issued 5.55M new common shares at C$0.45 as well as 14.4 million flow through units at C$0.52 per unit. This means that you’re now able to buy shares on the market cheaper than the people and institutions which […]
Falco Resources (FPC.V) has announced its intention to raise C$10M in a private placement to advance the Horne 5 project in Québec and to continue its exploration efforts on other prospective zones. It will offer 5.55 million shares at C$0.45/share and 14.4 million flow-through shares at C$0.52/share through Scotia Capital, […]