Issue link: http://resourceworld.uberflip.com/i/261649
www.resourceworld.com 29 F E B R U A R Y / M A R C H 2 0 1 4 MINING +,*+/,*+7667$5',6&29(5< • ''+6&XJW$X29(5P • ''+6&XJW$X29(5P • ''+6&XJW$X29(5P • ''+6&XJW$X29(5P • ''+6&XJW$X29(5P • ''+6&XJW$X29(5P EXPLORATION • DISCOVERY •WEALTH 76;93*; 3URVSHU*ROG&RUSFRP ,QIR#3URVSHU*ROG&RUSFRP 6+(6/$<3253+<5<&233(5*2/'352-(&7–1257+:(67(51%& 35263(5*2/'+2/'67+(237,2172($51$1,17(5(67,1&21),50('&233(5*2/'3253+<5,(6 3/$16,1&/8'( • (;7(1'67$57$5*(772'(37+ • ),567'5,//7(672)1(:3253+<5< ',6&29(5,(6$1'*(23+<6,&$/7$5*(76 ,'(17,),(',1 • &203/,$175(6285&((67,0$7( • 07211(&233(5*2/'3253+<5<7$5*(7 staggering. Between 1930 and 1960 Noranda drilled the Horne 5 every day – down to a depth of 2,100 metres, placing no less than 4,300 drill holes into the giant mineral deposit. When it was all said and done, the engineers had digitized 370 level plans, 620 cross sections, 99 long sections and 300,000 metres of drilling. Remarkably, not a single drill hole was required by the engineers for confirmation. The story of how a small exploration company was able to leverage the work of Noranda into a huge opportunity in just over one year for less than $1 million that was spent on consultants, engineers, 3D imaging, digitizing and the NI 43 -101 report is remarkable; however, that does not even scratch the surface of the real opportunity. A byproduct of the work that has been undertaken at Horne 5 is that Falco Pacific geologists are now seeing one of the largest volcanic massive sulphide deposits in a way they could have never imagined before. With the wealth of past geological information, they are now able to predict the behavior of the deposit in a manner traditional explora - tion companies can only dream about. "The work that our team has done in this camp is akin to mapping the genome of a human being. It changes the way you look at everything and from that opportunities abound," said Dean Linden, a former biotech executive who now heads up Falco's business development. In fact, the genome comparison was able to pay enormous dividends for Falco Pacific because, in addition to the Horne Mine and the surrounding ground, it also owns the mineral rights to an additional 12 former producers encompassing over 728 km 2 in the area. Most of these deposits share much of the same geological environment. "Ten years ago we simply would not have had the technology in order to execute such a massive undertaking" said Byron. "This data base will produce opportunities where previ - ous generations would never have thought to look." The rediscovery of Horne 5 is a compel- ling story of the work of the past meeting the technology of the future; however; the future appears to start all over again. To think it started by opening a box. n