Falco Resource Ltd. reported that its 2014 field exploration program has made four new gold and base metal discoveries within its 740 square kilometer land package in Quebec's Rouyn-Noranda mining camp. Newbec ­ Surface sampling extended known mineralization (up to 15.7% copper) and discovered a new copper, nickel and platinum group metals (PGEs) showing Flavrian ­ Surface samples extended historic gold showings, revealing an abundance of near surface opportunities and expansion potential Lac Laynes ­ Drilling intersected 2 new zones returning 1.2 g/t gold over 3.8m from 51.2 to 55m downhole and 0.79 g/t gold over 14m from 91 to 105m downholeTromac ­ Outcrop sampling returned high-grade assays, including 25.9 g/t and 20.7 g/t gold. The $2.2 million 2014 regional exploration program tested 25 different projects within the Rouyn-Noranda mining camp and outside the Horne Project properties.

Falco completed 180 line kilometers of geophysics (IP and EM) and 28 drill holes totaling 7,457 meters. Results from work on the Lac Fieldwork was designed to test early stage prospects and satisfy land assessment obligations. Prospecting, outcrop stripping, establishing exploration grids, ground geophysics and diamond drilling were part of the program.

Many of the drillholes were subsequently surveyed by borehole EM systems. Newbec (Cu-Ni-Au-PGE). The Newbec property is 13 kilometres north of Rouyn-Noranda and includes a former mine that produced 278 tons of high-grade (6.83%) copper in 1930. Initial field activities consisted of prospecting, outcrop stripping and sampling.

Outcrop sampling defined the copper-gold mineralisation as being more laterally extensive around the old mine workings than previously known and warrant follow up. Grab samples returned several highly anomalous assays of up to 15.7% copper, 0.4% zinc and 2.1 g/t gold. Flavrian District, Falco believes that the Flavrian district is a primary area for gold exploration in the Rouyn-Noranda camp, given the region's unique underexplored nature relative to the rest of the mining camp.

Located approximately 15 kilometres northwest of Rouyn-Noranda, this extensive property covers most of the Flavrian synvolcanic intrusion and bordering volcanic stratigraphy to the west. Several gold and base metal prospects and four former gold producers lie within the district including Silidor (3 Mt @ 5.08 g/t gold), Elder (2 Mt @ 5.33 g/t gold), Beauchemin (1.7 Mt @ 4.82 g/t gold) and Quesabe (90,000 tons at an average grade of 10 g/t gold). Falco is the first company to have consolidated the land position and is assessing the district's potential for near-surface, large tonnage (bulk mineable) opportunities.

Despite some production history, the district has lacked exploration activity commensurate with the number of regional gold bearing structures and broad distribution of gold showings and deposits. In 2014, two holes were drilled at Lac Laynes in a previously unexplored area testing two airborne EM anomalies. One of the holes intersected 2 zones within a fault bounded brecciated andesite returning 1.2 g/t gold over 3.8 m in the upper zone and a second lower zone intersection of 0.79 g/t gold over 14.0 m, including 1.47 g/t gold over 6.45 m, and including 3.25 g/t gold over 1.2 m. Lac Laynes is an important gold discovery for the company and further demonstrates that the western camp is well deserving of its status as a true gold domain.

Tromac is about 10 kilometres northeast of Rouyn-Noranda and lies along the contact zone separating the Lac Dufault intrusion from felsic volcanic rocks to the east. Field work concentrated on locating surface showings of mineralized zones described in historical drilling (1946-47) with reported intersections over 1 ounce per ton gold. Prospecting was successful in locating mineralized outcrops related to surface projections of the historical intersections.

Of the 58 grab samples collected, 9 have values greater than 100 ppb gold including 25.9 g/t gold and 20.7 g/t gold. Mineralization is associated with quartz veins that cut the intrusion.