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Former Osisko COO becomes Falco president, CEO

18th February 2015

By: Henry Lazenby

Creamer Media Deputy Editor: North America

  

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TORONTO (miningweekly.com) – TSX-V-listed gold explorer Falco Resources has further strengthened its senior management team by appointing another former Osisko Mining employee.

Following the appointment of former Osisko and current Osisko Gold Royalties CEO Sean Roosen as director and chairperson of the board in September, Falco announced on Tuesday that it had appointed former Osisko COO Luc Lessard Falco president and CEO, following the departure of Trent Mell.

Lessard would work closely with Falco’s board and management to advance Falco's Horne project, in Quebec’s Abitibi region.

With more than 25 years' experience as a mining engineer designing, building and operating mines, he was previously employed as the COO of the Canadian Malartic Partnership (owned jointly by Agnico Eagle and Yamana), and before that as the COO and VP of engineering and construction for Osisko Mining, where Lessard was responsible for designing, constructing and commissioning the Canadian Malartic gold mine.

During his career, Lessard had worked on 11 openpit and underground mine builds and before Osisko, was VP of engineering and construction for Iamgold and GM of projects for Cambior.

Falco currently held one of the largest gold camps in Quebec’s Abitibi and owned mineral rights to 14 former mines within a 700 km2 land package.

Its main property, the Horne mine complex, was operated by Noranda from 1927 to 1976 and produced 11.6-million ounces of gold and 2.5-billion pounds of copper. A maiden 43-101 mineral resource estimate for the Horne 5 deposit delineated an initial inferred resource of 25.3-million tonnes, grading 2.64 g/t gold, 0.23% copper and 0.7% zinc, for 2.2-million ounces of contained gold.

Edited by Tracy Hancock
Creamer Media Contributing Editor

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