Falco Commences Broad Exploration Program Across the Noranda Camp

Core Viewpoint - Falco Resources Ltd. is initiating a major exploration initiative in the Noranda Mining Camp, utilizing an Airborne Gravity Gradiometry survey to identify new Volcanogenic Massive Sulfide deposits, marking a significant opportunity for new discoveries in the region [1][2]. Group 1: Exploration Initiative - The exploration initiative will commence with an Airborne Gravity Gradiometry survey over the next month, which is the first of its kind in the region [1]. - The survey will cover 280 square kilometers, including 13 former mining sites, and aims to identify new near-surface VMS type deposits [2][4]. - The survey will be conducted by Xcalibur MPH (Canada) Ltd. using their advanced Falcon system, providing high-resolution mapping with a 100-meter line spacing [2]. Group 2: Historical Context and Potential - Falco is the largest claim holder in the Noranda Camp, which has historically produced over 19.0 million ounces of gold equivalent [1]. - The combination of modern exploration technology and extensive historical data compilation presents a compelling opportunity to discover more VMS type deposits around the Horne 5 Project Complex [2][4]. - The majority of the rhyolitic units in the area remain untested, indicating significant potential for new discoveries [4]. Group 3: Survey Results and Future Plans - Results from the survey are expected to be analyzed in December 2025, which will complement existing geological data and help define priority exploration targets [5]. - The integration of high-precision topographic data from a government-managed LIDAR survey will assist in understanding the structural controls of high-grade mineralization [5]. Group 4: Company Overview - Falco holds rights to approximately 63,000 hectares in the Noranda Camp, representing 63% of the camp, and includes 13 former mining sites for gold and base metals [9]. - The main asset of the company is the Horne 5 project, located beneath the former Horne mine, which produced 11.6 million ounces of gold and 2.5 billion pounds of copper from 1927 to 1976 [9]. - Osisko Development Corp. is the largest shareholder of Falco, holding approximately 16% of the corporation [9].