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Falco Resources Ltd.
Summary
| Project: | Horne 5 | |
|---|---|---|
| Deposit: | Horne 5 | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper-Zinc | |
| Date: | 9/13/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-9-2016: Falco Resources Ltd. announces an Exploration/Drilling Update report for its Horne 5 deposit at the Horne 5 project. Drilling results incl. 177.2m @ 1.16g/t Au, 12.20g/t Ag, 0.07% Cu, 0.50% Zn from 1125.8m. (Montreal, Québec, September 13, 2016 | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Claude Bernier (Internal) | |
| ABSTRACT: | (Montreal, Québec, September 13, 2016) – Falco Resources Ltd. (FPC: TSX-V) (“Falco” or the “Company”) is pleased to report the three (3) initial drill results from its 2016 exploration and development program at its 100% owned Horne 5 project located in Rouyn-Noranda, Québec. The two (2) initial holes were drilled in the existing Horne 5 mineralized envelope. The third hole was drilled in the Horne 5 West Extension Target. Luc Lessard, President and CEO, comments: “We are very pleased with the initial result from the Horne 5 West drilling, this first result demonstrates the potential for further resource definition to the west of the currently defined Horne 5 deposit”. The first two (2) drill holes were completed within the existing Horne 5 deposit envelope. The drill holes tested specific areas of the Horne 5 deposit in order to increase the geological and metallurgical understanding of the Horne 5 deposit. Highlights from new drill holes include 43.2 metres at 2.73 g/t AuEq in drill hole H5-16-17 and 177.2 metres at 1.71 g/t AuEq in drill hole H5-16-18. Details of the new results are outlined in the attached table. | |
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