VANCOUVER, BC -- (Marketwired - July 16, 2014) - Falco Pacific Resource Group Inc. (TSX VENTURE: FPC) announced today that its Board of Directors has approved a change in the name of the Company to Falco Resources Ltd.
"The new corporate name is intended to better reflect our roots within the Abitibi region of Quebec, where we own 70% of the Rouyn-Noranda mining camp," said Trent Mell, President & CEO. "The rebranding coincides with a transition from data compilation to a company that now also has a significant mineral resource at Horne 5 and a very active exploration program."
The change of name is subject to TSX Venture Exchange acceptance.
About Falco
Falco is a resource exploration company and owner of mineral rights to 14 former mines within a 700 km2 land package in the Abitibi region of Quebec, Canada. Falco's principal property is the Horne mine complex, which was operated by Noranda from 1927 to 1976 and produced 11.6 million ounces of gold and 2.5 billion pounds of copper. A maiden 43-101 mineral resource estimate for the Horne 5 deposit delineated an initial inferred resource totaling 25.3 million tonnes grading 2.64 g/t Au, 0.23% Cu and 0.7% Zn, for 2.2 Moz Au contained (see Falco press release dated March 4, 2014 for more details).
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
For further information contact:
Mr. Dean Linden, Senior Vice President Business Development Ph: 1.425.449.9442 dlinden@falcopacific.com
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VANCOUVER, BC -- (Marketwired - July 16, 2014) - Falco Pacific Resource Group Inc. (TSX VENTURE: FPC) announced today that its Board of Directors has approved a change in the name of the Company to Falco Resources Ltd.
