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Falco Resources Ltd.
Summary
| Project: | Horne 5 | |
|---|---|---|
| Deposit: | Horne 5 | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper-Zinc | |
| Date: | 9/4/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-9-2018: Falco Resources Ltd. announces an Exploration/Drilling Update report for its Horne 5 deposit at the Horne 5 project. Drilling results incl. 15.5m @ 4.25g/t Au. MONTRÉAL, Sept. 04, 2018 -- Falco Resources Ltd. (FPC: TSX-V) (“Falco” or the “Compan | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Claude Bernier (Internal) | |
| ABSTRACT: | MONTRÉAL, Sept. 04, 2018 -- Falco Resources Ltd. (FPC: TSX-V) (“Falco” or the “Company”) is pleased to announce an update on the drilling program initiated in February 2018. The program consists in 25,000 metres of core drilling conducted mostly on three main properties. The principal objectives of the program was to test the Volcanogenic Massive Sulfide (VMS) potential of the Quemont and Horne felsic sequences as well as the lateral extensions of the known Donalda gold-bearing vein system (see figure 1) . All targets were located close to existing Horne and Quemont underground infrastructures (see figure 2). The targeted felsic sequences occur between 600 metres and 1,400 metres vertical depth and included large underexplored areas with high potential for discovery of new VMS lenses. To date the Company has received about 50% of the 2018 assays. Luc Lessard commented: “The Horne West, Quemont and Donalda are highly prospective properties contiguous to Horne 5 project. The 2018 results on the Horne West zone, the Quemont and the western extension of the high grade gold bearing Donalda quartz vein require more work. The compilation of all the data produced during the recent work will help to better understand the Horne area, which remains one of the best environments to find VMS mineralization.” HORNE WEST DRILLING: Two holes were drilled in the Horne West Zone extensions. They id | |
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