Falco Pacific is pleased to announce a non-brokered private placement of up to 5,000,000 units of the Company at a price of $0.25 per unit. Each Unit consists of one common share and one half common share purchase warrant in the Company. Each warrant entitles the holder thereof to purchase one additional common share at a price of $0.45 per common share for a period of 18 months from the closing of the private placement [...]
Falco Pacific Resource is pleased to announce that it has arranged and placed a non-brokered private placement of an aggregate of 2,670,500 flow-through common shares at a price of $0.40 per flow-through common share with 8 placees for total gross proceeds of $1,068,200. Closing of the Offering is subject to receipt of regulatory approvals, including the final approval of the TSX Venture Exchange. A cash finders fee in [...]
Falco Pacific is pleased to provide an update on its advanced computer modeling of the Horne 5 gold/silver/copper/zinc deposit. The Horne 5 Deposit hosts a non-43-101 compliant historic resource of 167.83 million tonnes deposit, grading 1.25 g/t gold, 17.14 g/t silver, 0.10% copper and 0.57% zinc1 (NR 13-02 - February 13, 2013) and is located 100 metres north of the former producing Horne Mine (Historic Production of 54 [...]
Falco Pacific is pleased to provide the following update regarding its on-going review and compilation of exploration targets on its wholly owned Rouyn-Noranda Project in Quebec. The initial focus for the Company has been on evaluating a number of historic and remnant resources in the area surrounding the Horne and several other nearby formerly producing mines - the Horne Mine Complex.
Falco Pacific is pleased to announce that it has entered into consulting agreements with Contact Financial and First Canadian Capital to provide investor relations and communication services, subject to TSX Venture Exchange approval. The Company has selected the IR Firms as experienced arm's length firms that will generate value by sharing Falco Pacific's compelling story to brokers, analysts and portfolio managers [...]
Falco Pacific is pleased to announce that it has commenced a 2,000 metre diamond drill program on its Flavrian Central gold prospect located 15 km northwest of the city of Rouyn-Noranda, Quebec within the West Rouyn-Noranda Camp's Flavrian gold district. Drilling recently began with one rig and is expected to be completed in the early first quarter of 2013. The 6 drill-hole program will test multiple shallow gold targets [...]
Falco Pacific is pleased to announce that it has entered into a letter of intent with Vior to acquire 100% of the 22 claim (800 hectare) Beauchastel Gold property located in the Flavrian gold district which forms part of the West Rouyn-Noranda Camp.
Falco Pacific is pleased to announce that it has made the following appointments to the new technical advisory board. The members of the technical advisory board can be labeled as pioneers with respect to geological study of the Noranda VMS District and the Abitibi Greenstone Belt. The advisory board consists of: Jim Franklin, Harold Gibson, and Howard Poulsen.
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