Beginning with the genesis of Falco Resources Ltd., this Canadian company specializes in the exploration and development of various precious metals including gold. Incepted in the year 2010, they ventured into the Quebec region initially, then gradually extended its operation throughout North America. The firm owns numerous properties with high potential for mining precious metals.
Falco Resources Ltd. owns a rather large portfolio of mining properties in the province of Quebec. The fascinating aspect about these properties is that they are all located in the prolific Abitibi Greenstone Belt. This belt is known to have yielded numerous precious metals over the years. The company’s primary focus at present is the Horne 5 Project, a big brownfield project with a hugely potential asset base.
The Horne 5 Project is located in Rouyn-Noranda and has an asset base, which includes 2.8 million ounces of gold equivalents stated in resources. A high-grade robust resource, indeed an asset, augments the Falco Resources’ operations. The property is located under the historic Horne mine, which was operated by Noranda from 1926-1976 and produced 11.6 million ounces of gold and 2.5 billion pounds of copper during its lifetime.
Falco Resources is also a shareholder in Osisko Metals and Osisko Mining. By owning a significant equity interest in these companies, Falco Resources has further optimized its exposure in the mining industry, leading to a diversified asset portfolio that includes gold, zinc, copper and other precious metals.
Furthermore, Falco maintains an excellent working relationship with its local communities. They have high regard for environmental preservation, a critical aspect in their operation. The company has taken numerous environmental protection initiatives to limit the impact of their mining activities on the environment.
Another integral part of Falco Resources’ business model includes its team, which incorporates a reputable board of directors and seasoned management. The management team is replete with experienced professionals who have deep knowledge of the mining industry. They have expertise ranging across various facets of the industry that includes corporate finance, geology, and environmental studies to name a few.
Beyond exploration, Falco Resources also focuses on acquisitions. Bolstering its assets through strategic acquisitions fortifies its position in the market. In addition, Falco resources have a significant number of investments in junior explorers. Investing in these entities can potentially lead to substantial returns if those explorers discover significant resources. In essence, Falco is casting a wide net for potential sources of returns.
The future looks promising for Falco Resources Ltd. With its strategic location, focus on the development of high-value properties, diversification, strategic investments, this company is well-positioned to thrive in today’s challenging environment while creating sustainable value for its stakeholders.
