Falco Resources Update – Further Insights On The Horne 5 Project Advancing Towards Production
Falco Resources is a Company we have been following throughout the exploration and now development of the Horne 5 Project. I have long been a fan of Falco thanks in large part to its close relationship with the Osisko group.
In this segment the CFO of Falco Vincent Metcalfe joined me to recap some of the recent news regarding the advancement of the project towards production. We discuss the resource make up of the deposit which is not a gold only play – there is zinc and copper as well. We also look at the exploration at its adjacent Donalda Property that could help drive the stock and growth the resource.
Click here to visit the Falco website to read the recent news.
Click download link to listen on this device: Download Show
Here is a video to accompany the interview that shows images of the properties and some of the key slides. This video was produced by our friends at the Junior Mining Network. It is the best site in my opinion for recapping all the news from the junior sector all in one place. Click here to visit the website.
Novo completes farm-in exploration, JV now official
2017-11-30 11:14 ET – News Release
Mr. Quinton Hennigh reports
NOVO COMPLETES EARN-IN WITH ARTEMIS RESOURCES
Novo Resources Corp. has satisfied its farm-in exploration expenditure commitment on 38 tenements and tenement applications which comprise the land package subject to the farm-in and joint venture agreements signed with Artemis Resources Ltd. (see the company’s news releases dated Aug. 15 and May 26, 2017). As a result, the 50/50 joint venture between Novo and Artemis is now live. Artemis and Novo, through their various subsidiaries, will contribute to further exploration on a 50/50 basis. The joint ventures shall be governed and managed collectively as one joint venture, and the management committee for each of the separate joint ventures may meet and make decisions as a single body. Novo is to be appointed as manager of the joint ventures, and shall manage the joint venture operations.
“We are excited to continue progressing exploration efforts in the Karratha region of Western Australia,” commented Dr. Quinton Hennigh, chairman, president, and a director of Novo Resources. “We look forward to partnering with our new joint venture partner, Artemis Resources, in order to advance the Karratha gold project.”