FPC Falco Resources Ltd

Falco Pacific Resource Group Inc., soon to be Falco Resources Ltd., ("Falco")
(TSX VENTURE: FPC) announced commencement of drilling on its Rivière Mouilleuse
("Rimo") copper-zinc-gold property, located 25 kilometres northwest of the city
of Rouyn-Noranda (see Figure 1). 


The Rimo property covers the only regionally extensive volcanic sequence in the
Rouyn-Noranda camp featuring the same distinct geochemical characteristics as
Falco's Horne Complex which hosts the Horne-Quemont high-grade, Cu-Au VMS system
and Falco's Horne 5 deposit. Recent work by Falco has identified numerous
near-surface conductive features within this sequence of "Horne-type" altered
volcanic rocks which will be the focus of a multi-phase exploration program
beginning with the testing of three targets in the current drill campaign. 


"We believe Rimo has the potential to quickly become one of the most significant
VMS properties, outside the Horne Complex, in the entire Rouyn-Noranda Camp,"
said Dr. Mike Byron, Vice President Exploration. "With a clearly defined
"Horne-type" signature and limited historic access this large property has
remained relatively underexplored. Our exploration team is to be commended for
their innovative approach, which has led to the identification of a remarkable
new opportunity within an historic mining camp." 


Rimo Highlights



--  Largest underexplored VMS setting in the Rouyn-Noranda mining camp and
    lithogeochemical similarities to the Horne Complex. 
--  Numerous shallow, recently identified and untested EM conductors.
--  2+ km long exhalative sequence, commonly associated with productive VMS
    horizons throughout the camp, that has never been drill tested.
--  Presence of alteration typically associated with VMS deposits.
--  Numerous zinc-rich showings - consistent with lateral placement to VMS
    mineralization.



Rimo and the Duprat Rhyolite 

Rimo is underlain by a northeast-southwest striking package of felsic volcanic
rocks distinct from any other sequence within the Noranda Camp as being most
similar to the felsic volcanic rocks that host the Horne, Quemont and Horne 5
deposits. 


A study of more than 75,000 surface lithogeochemical samples from throughout the
Rouyn-Noranda camp establishes an excellent correlation between the Horne
Complex and rhyolite sequence in the Rimo area, which was found to host the
greatest number of "Horne-type" samples in the study (see Figures 2&3) (see
Figure 4). 


Historically, geophysical surveys in the Camp have been optimized for steeply
dipping targets, similar to Horne 5. However, recent mapping has confirmed
shallow dipping stratigraphy in association with a laterally extensive
exhalative sequence on the Rimo property which would have been poorly tested by
historic work. Surface EM geophysical surveys by Falco in 2013, configured to
identify shallow dipping conductors have led to the identification of numerous
shallow dipping and strongly conductive bodies in the Rimo area. None of these
newly identified VMS targets have been drilled. 


Three targets have been selected for initial drill testing while additional EM
surveys are being completed on the property. 


Qualified Person 

Stéphane Poitras, Senior Exploration Geologist, (P.Geo.) is the qualified
person for this release as defined by National Instrument 43-101 - Standards of
Disclosure for Mineral Projects and has supervised the recent work programs on
the Property, reviewed and verified the technical information contained herein.
Mr. Poitras is an employee of Falco and is non-independent. 


About Falco 

Falco is a resource exploration company and owner of mineral rights to 14 former
mines within a 700 km2 land package in the Abitibi region of Quebec, Canada.
Falco's principal property is the Horne mine complex, which 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 totaling 25.3 million
tonnes grading 2.64 g/t Au, 0.23% Cu and 0.7% Zn, for 2.2 Moz Au contained (see
Falco press release dated March 4, 2014 for more details). 


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this press release. 


Cautionary Note Regarding Forward-Looking Statements 

This news release contains forward-looking statements and forward-looking
information (together, "forward-looking statements") within the meaning of
applicable securities laws and the United States Private Securities Litigation
Reform Act of 1995. All statements, other than statements of historical facts,
are forward-looking statements. Generally, forward-looking statements can be
identified by the use of terminology such as "plans", "expects', "estimates",
"intends", "anticipates", "believes" or variations of such words, or statements
that certain actions, events or results "may", "could", "would", "might", "will
be taken", "occur" or "be achieved". Forward-looking statements involve risks,
uncertainties and other factors that could cause actual results, performance,
prospects and opportunities to differ materially from those expressed or implied
by such forward-looking statements. Factors that could cause actual results to
differ materially from these forward-looking statements include the reliability
of the historical data referenced in this press release and those risks set out
in Falco's public documents, including in each management discussion and
analysis, filed on SEDAR at www.sedar.com. Although Falco believes that the
assumptions and factors used in preparing the forward-looking statements are
reasonable, undue reliance should not be placed on these statements, which only
apply as of the date of this news release, and no assurance can be given that
such events will occur in the disclosed times frames or at all. Except where
required by applicable law, Falco disclaims any intention or obligation to
update or revise any forward-looking statement, whether as a result of new
information, future events or otherwise. 


Cautionary Note Concerning Mineral Resources 

This press release uses the term "Inferred Resources". We advise investors that
although this term is recognized and required by Canadian regulations (under
National Instrument 43-101 Standards of Disclosure for Mineral Projects), the
U.S. Securities and Exchange Commission does not recognize this term. Investors
are cautioned not to assume that any part or all of the mineral deposits in this
category will ever be converted into reserves. In addition, "Inferred Resources"
have a great amount of uncertainty as to their existence, and economic and legal
feasibility. It cannot be assumed that all or any part of an Inferred Mineral
Resource will ever be upgraded to a higher category. Under Canadian rules,
estimates of Inferred Mineral Resources may not form the basis of feasibility or
pre-feasibility studies, or economic studies except for Preliminary Assessment
as defined under Canadian National Instrument 43-101. Investors are cautioned
not to assume that part or all of an Inferred Resource exists, or is
economically or legally mineable. 


Caution Regarding Adjacent or Similar Mineral Properties 

This news release contains information with respect to adjacent or similar
mineral properties in respect of which Falco has no interest or rights to
explore or mine. Readers are cautioned that Falco has no interest in or right to
acquire any interest in any such properties, and that mineral deposits on
adjacent or similar properties are not indicative of mineral deposits on Falco's
properties.



FOR FURTHER INFORMATION PLEASE CONTACT: 

For further information contact:
Mr. Dean Linden                                 
Senior Vice President                          
Business Development                         
Ph: 1.425.449.9442                            
dlinden@falcopacific.com                     

Ms. Deanna Kress
Corporate Communications
Ph: 1.604.336.6346
Toll Free: 1.855.238.4671
dkress@falcopacific.com

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