Falco Resources appoints Claude Dufresne to its Board of Directors

– CANADA, Montreal –  Falco Resources Ltd. (TSX: FPC) today announced the election of new nominee Claude Dufresne to its Board of Directors during the annual meeting of shareholders held on December 20, 2021.

About Claude Dufresne

Mr. Dufresne has 30 years of experience in the mining industry. Until this fall, he was President, CEO, and Director of Niobay Metals inc., a position held since June 2014. Mr. Dufresne was a manager at IAMGOLD and worked for 10 years as a metallurgist and plant superintendent for Cambior in Québec and Guyana. He was also responsible for the sale and marketing of ferroniobium produced by the Niobec mine in Québec for over 10 years. In 2007, Mr. Dufresne founded Camet Metallurgy Inc., a company specializing in the sale and marketing of various metals. He has participated in economic studies on several rare earth, niobium, manganese, and bauxite projects and has acted as a supplier of various raw materials for the steel industry.

Mr. Dufresne obtained a diploma in mining engineering with a specialty in mineral processing from Université Laval in 1991 and is a member of the Ordre des ingénieurs du Québec.

About Falco

Falco Resources Ltd. is one of the largest mineral claim holders in the Province of Québec, with extensive landholdings in the Abitibi Greenstone Belt. Falco owns approximately 70,000 hectares of land in the Rouyn-Noranda mining camp, which represents 70% of the entire camp and includes 13 former gold and base metal mine sites. Falco’s principal asset is the Horne 5 Project located in the former Horne mine that was operated by Noranda from 1927 to 1976 and produced 11.6 million ounces of gold and 2.5 billion pounds of copper. Osisko Gold Royalties Ltd.’s subsidiary, Osisko Development Corp., is Falco’s largest shareholder owning a 17.3% interest in the Company.

For more information: https://www.falcores.com

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