FL

Falco Resources Ltd

FPC.V
TSXVMaterials
$0.46
USD
-0.01(-1.09%)
At close: Apr 30, 00:00 UTC
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Market Snapshot

Market Cap

$57.79M

P/E Ratio

574.6

EPS

-0.01

Why FPC.V moved

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About

Falco Resources Ltd. is an exploration company, which engages in the acquisition, evaluation, and development of mineral properties. The company is headquartered in Montreal, Quebec. The company went IPO on 2010-09-06. The company is mineral claim holder in the Province of Quebec, with a land holdings in the Abitibi Greenstone Belt. The company owns approximately 67,000 hectares of land in the Noranda Mining Camp, which represents 67% of the entire camp and includes 13 former gold and base metal mine sites. Its principal asset is the Falco Horne 5 Project, which is located beneath the Horne copper smelter, operated by Glencore, in Rouyn-Noranda, below the old Horne Mine. The company treats both copper concentrates and precious metal-bearing recyclable materials as its feedstock to produce 99.1% copper anodes. The gold-rich polymetallic sulfide mineralization at the Horne 5 deposit forms a large subvertical tabular body that measures close to two km in length, 500 to 850 m across and between 20 to 130 m in thickness.

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