September 2015 Corporate Presentation

TSXV: FPC | WWW.FALCORES.COM | 1TSXV: FPC | WWW.FALCORES.COM
REDISCOVERING THE ROUYN-NORANDA MINING DISTRICT
REBIRTH OF THE HORNE MINE
SEPTEMBER 30, 2015

TSXV: FPC | WWW.FALCORES.COM | 2
Disclaimer
This presentation contains a review of the Company’s properties in Canada. Viewers are cautioned that the projects are at an early stage of exploration and that estimates and
projections contained herein are based on limited and incomplete data. More work is required before the mineralization on the projects and their economic aspects can be
confidentially modeled. Therefore, the work results and estimates herein may be considered to be generally indicative only of the nature and quality of the projects. No representation
or prediction is intended as to the results of future work, nor can there be any promise that the estimates herein will be confirmed by future exploration or analysis, or that the
projects will otherwise prove to be economic.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this presentation, which has been prepared by management. There can
be no assurance that any of the assumptions in the resource estimates will be supported by a Pre-feasibility or Feasibility Study or that any forward looking event will come to pass. The
data is incomplete and considerable additional work will be required to complete further evaluation, including but not limited to drilling, engineering and socio-economic studies and
investment.
This presentation contains information with respect to adjacent or similar mineral properties in respect of which the Company has no interest or rights to explore or mine. Readers are
cautioned that the Company 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 the Company’s properties. Past performance is no guarantee of future performance and all investors are urged to consult their investment professionals before
making an investment decision. Investors are further cautioned that past performance is no guarantee of future performance
Forward-Looking Statements
Certain information included in this presentation constitutes forward-looking statements, including any information as to our projects, plans and future performance. All statements,
other than statements of historical fact, are forward-looking statements. The words “expect”, “believe”, “anticipate”, “will”, “intend”, “estimate”, “forecast”, “budget”, “schedule” and
similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered
reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual
results to differ materially from those projected in the forward-looking statements.
Such factors include, but are not limited to: changes to current estimates of mineral reserves and resources; labour availability; litigation; availability of and increased costs associated
with contractors and exploration equipment; the speculative nature of mineral exploration and development, including the risks of obtaining necessary licenses and permits; contests
over title to properties; uncertainty with the Company’s ability to secure capital to execute its business plans; changes in national and local government legislation in Canada; risk of
loss due to sabotage and civil disturbances; risks arising from holding derivative instruments; and business opportunities that may be pursued by the company. Many of these
uncertainties and contingencies can affect our actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements
made by, or on behalf of, us. Readers are cautioned that forward-looking statements are not guarantees of future performance.
The company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as
required by applicable law.
Cautionary Note to U.S Investors Concerning Measured, Indicated and Inferred Resources
This presentation uses the terms “measured,” “indicated” and “inferred resources. We advise investors that while those terms are recognized and required by Canadian regulations,
the United States Securities and Exchange commission does not recognize them. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or
other economic studies. United States investors are cautioned not to assume that all or any part of measured or indicated mineral resources will ever be converted into mineral
reserves. United States investors are also cautioned not to assume that all or any part of an inferred mineral resource exists, or is economically or legally mineable.
CAUTIONARY STATEMENT

2.8 MILLION GOLD EQUIVALENT OUNCES
OF INFERRED RESOURCES (43-101)*
ROUYN-NORANDA, QUEBEC
* SEE APRIL 17, 2014 FALCO PRESS RELEASE

FALCO – A QUALITY CANADIAN GOLD DEVELOPER
INVESTMENT THESIS
ROBUST INITIAL ASSET
IN HORNE 5
DESIRABLE & STRONG
LAND POSITION IN
THE ABITIBI
EXPLORATION TARGETS
TO DRIVE FURTHER
VALUE
GOOD CONSOLIDATION
PROSPECTS
LOW POLITICAL RISK
FLEXIBLE BALANCE
SHEET
EXPERIENCED
MANAGEMENT WITH
TECHNICAL EXPERTISE
STRONG
SHAREHOLDER
BASE

Capital Structure
Shareholder Registry
Osisko Gold Royalties 12.0%
Goodman & Company 8.2%
Raymond James 7.0%
Quebec Funds 6.6%
Pate Capital 3.7%
Sentry 2.5%
Tocqueville 2.3%
US Global 2.3%
Insiders (D&O) 3.5%
Shares Outstanding (basic) 99,730,657
Stock Options 7,383,890
Warrants 9,547,583
Shares Outstanding (fully diluted} 116,662,130
Cash (March 31, 2015) C$7,436,098
CORPORATE SUMMARY
A NEW DEVELOPMENT VEHICLE IN THE ABITIBI
Share Price Performance
0
400
800
1,200
1,600
2,000
2,400
2,800
$0.20
$0.30
$0.40
$0.50
$0.60
$0.70
$0.80
9-Sep-14 9-Dec-14 9-Mar-15 9-Jun-15 9-Sep-15
VOLUME(IN000'S)
PRICE(C$)
FT Hold period expiry
Closes Financing

 2nd LARGEST GOLD PRODUCER IN CANADA
 ONE OF THE LOWEST FISCAL POLICY IN CANADA
 6TH SPOT IN THE 2014 FRASER RANKING FOR INVESTMENT ATTRACTIVNESS
 HEALTHY & EXISTING MINING CULTURE
 STRONG & EXPERIENCED LABOUR POOL
 GOVERNMENT SUPPORT AND ESTABLISHED PERMITTING PROCESS
LOW POLITICAL RISK
QUEBEC’S COMPETITIVE ADVANTAGE

Larder Lake
13 Moz Au
Kirkland Lake
24 Moz Au
Timmins
71 Moz Au
Rouyn-Noranda
19 Moz Au
Malartic
14 Moz Au
Bousquet
21 Moz Au
Lennox Creek Fault Zone
Porcupine Destor Fault Zone
Cadillac
Fault Zone
ONTARIO
QUEBEC
Rouyn-Noranda
Timiskaming Sediments
Cobalt Plate
Felsic Intrusive
Kap High
Mafic/Ultramafic Volcanics
Geology
Val d’Or
14 Moz Au
Major gold mining camp
 50 current and former gold and base metal mines in the Rouyn-Noranda camp
 Rouyn-Noranda camp has produced 19 Moz of gold and 2.9 Blbs of copper, but
underexplored for gold
0 25 50 75 100
Kilometres
SOUTHERN ABITIBI GREENSTONE BELT
OVER 100 YEARS OF MINING HISTORY

Initial production
End of Mining
(2.5 Blbs Cu &
11.5 Moz Au)
Falco acquires
properties
(Sep 2012)
Discovery of
Horne Mine
Digitization & compilation of
Horne historical drill results
(Aug 2013)
NI 43-101 Horne 5
resource estimate
(Mar 2014)
1923 1927 1976 1985 2012 2013 2014
Remnant mining
(102,000 oz Au)
$2.2M Regional
Exploration
(Jun 2014)
HORNE PROJECT
38 YEARS LATER

City of
Rouyn-Noranda
Glencore
Smelter
Horne Mine
Quemont Mine
Falco Surface
Rights
Horne West
Horne project located in an Industrial Park
HORNE PROJECT
LOCATED NORTH OF THE CITY

 Inferred resource estimate from
historic drilling
 Open at depth and along
strike
 Discovery costs of <$0.25/oz
Au
 1km strike length; 40-120m thick;
1,700m vertical extent
 En echelon stacked tabular body;
well defined metal zonation
(gold, copper, zinc)
 Extensively developed (1930s to
1960s)
 4,386 drill holes at 15m
spacing (305,000m)
 40 working levels & 55km of
underground development
HORNE PROJECT
MAIDEN RESOURCE ESTIMATE

ENV_B
ENV_C
ENV_D
NSR Assumptions and Parameters  Maiden resource of 2.8 Moz AuEq at 3.4 g/t
 Opportunity to increase the resource:
 Conservative NSR & base metal payabilities
 Silver content not considered
Commodity Payable
Metal
Metal Price
($US)
Gold 87% $1,300.00
Copper 65% $3.30
Zinc 37% $0.95
Resource
Class
Cut-off
(NSR $C)
Tonnes
(Millions)
AuEq
(g/t)
Au
(g/t)
Cu
(%)
Zn
(%)
Contained
AuEq (Moz)
Contained
Au (Moz)
Contained
Cu (Mlbs)
Contained
Zn (Mlbs)
Inferred
>50 67.6 2.48 1.8 0.17 0.72 5.4 4.0 261 1,073
>60 50.4 2.75 2.1 0.19 0.73 4.5 3.3 214 814
>70 35.9 3.07 2.3 0.21 0.72 3.5 2.7 168 573
>80 25.3 3.41 2.6 0.23 0.70 2.8 2.2 131 393
>90 17.9 3.77 3.0 0.26 0.69 2.2 1.7 102 272
>100 12.8 4.17 3.4 0.28 0.67 1.7 1.4 79 190
>110 9.5 4.57 3.7 0.30 0.66 1.4 1.1 63 138
Exchange Rate: CAD/USD = 1.05
HORNE PROJECT
RESOURCE ESTIMATE – UPSIDE OPPORTUNITIES

HORNE PROJECT
HORNE 5 PRELIMINARY ECONOMIC ASSESMENT TEAM
 Luc Lessard, Eng.,
 Former COO, Vice-President of Engineering & Construction for Osisko , IAMGOLD and Cambior
 Francois Vezina, Eng., MBA, Mine Development
 Former Mine Manager Osisko and Agnico-Eagle; Technical Services Manager for Agnico-Eagle (LaRonde II, Pinos Altos, Kittilä)
 Director – Mining, Osisko Mining Group
 Christian Laroche, Eng., Processing & Metallurgy
 Metallurgical engineer with 15 years experience in plant design, engineering, feasibility, construction and commissioning
 Director – Metallurgy, Osisko Mining Group
 InnovExplo, Mineral Resource Evaluation, Modelling and Mine Development
 Est. 2003, Independent Canadian mining consulting firm
 SGS Lakefield, Metallurgy
 Est. 1941, recognized world-wide as a premier testing and consulting facility
 BBA, Mill Design
 Est. 1979, Independent Canadian consulting engineering firm
 Golder, Tailings Management
 WSP, Surface infrastructure and Environment

Goldex
(Agnico-Eagle)
Young-Davidson
(AuRico)
LaRonde
(Agnico-Eagle)
Horne 5 **
(Falco)
Resource Grade
(g/t AuEq) 1.8 2.8 5.1 3.4
Mining Method Long hole Transverse long hole
Longitudinal Retreat /
Transverse Open
Stoping
Transverse long hole **
Depth (m) 800 - 1,500 750 - 1,500 2,000-3,000 600 - 2,300
Stope Size 15-38 x 30 x 50 20-25 x 20 x 30 5-25 x 15 x 30 38 x 15 x 15 **
Mining Rate 5,100 tpd 8,000 tpd * 7,200 tpd >10,000 tpd **
Operating Cost/NSR $41/t * $53.50/t * $95/t Under review
Annual Production (koz) 71,000 * 200,000 * 230,000 * Under review
* Projected life-of-mine (LOM)
** Horne 5 tonnes and grades per 43-101 report; balance is conceptual
Horne 5 $80 NSR Cutoff in Maiden 43-101 Resource Estimate Under Review
Source: Company website and filings
COMPARABLE MINE ANALYSIS
HIGH MARGIN POTENTIAL

 16,000m surface drill program
 9 holes, 9 wedge holes
 Metallurgical testing
 Updated NI 43-101
 Primary objectives of confirmation drilling:
 Upgrade resource category from Inferred to
Indicated
 Confirm metallurgical parameters (improve
payability)
 Confirm historic silver grades of >15 g/t
 Targeted Results
 Increase tonnes by >30%
 Increase AuEq to >3.5 Moz
 $3.7M cost; Completion by H2 2015
N S
HORNE PROJECT
CONFIRMATORY DRILL PROGRAM – HORNE 5

HORNE PROJECT
CONFIRMATORY DRILL PROGRAM – INITIAL RESULTS
($0 NSR)
Hole_ID
From
(m)
To
(m)
Length
(m)
Au
(g/t)
Ag
(g/t)
Cu
(%)
Zn
(%)
Au_Eq_
With
Silver
(g/t)
Au_Eq_
Without
Silver
(g/t)
Au
(g/t)
Cu
(%)
Zn
(%)
Au_Eq_
Without
Silver
(g/t)
2015 vs
2014
%
H5-15-01 1,110 1,141 31.2 2.03 10.16 0.46 0.04 3.00 2.85 2.26 0.30 0.10 2.82 0.9%
H5-15-01-Atw 1,105 1,142 36.7 0.88 4.51 0.27 0.06 1.45 1.38 2.18 0.35 0.12 2.85 (51.5%)
H5-15-02 1,001 1,102 100.9 1.32 29.46 0.11 1.94 2.93 2.48 1.14 0.11 1.19 1.92 29.4%
H5-15-02-Atw 1,002 1,089 87.0 1.43 28.61 0.13 1.47 2.82 2.39 1.25 0.12 1.41 2.16 10.6%
H5-15-03B 1,248 1,365 116.7 0.50 15.51 0.06 1.00 1.34 1.11 0.79 0.06 0.67 1.23 (9.7%)
H5-15-03Dtw 1,255 1,390 134.4 0.55 15.44 0.08 1.10 1.46 1.23 0.82 0.06 0.70 1.28 (3.7%)
Total 506.9 0.96 19.39 0.13 1.17 2.05 1.76 1.14 0.12 0.83 1.76 0.4%
Grade % Difference (15.6%) 8.8% 39.8% 0.4%
2015 Diamond Drill Hole Results
Weighted Average of 2014 Raw
Assays within a 15 m radius
cylinder around DDH
New Drill Hole DataNew Drill Hole DataHistorical Raw Assay Data
Hole_ID
Length
(m)
Au_Eq_With Silver
(g/t)
Au_Eq Without
Silver
(g/t)
Au_Eq Without Silver
(g/t)
2015 Results vs
Historical Data
H5-15-01 31.2 3.00 2.85 2.82 0.9%
H5-15-01-Atw 36.7 1.45 1.38 2.85 (51.5%)
H5-15-02 100.9 2.93 2.48 1.92 29.4%
H5-15-02-Atw 87.0 2.82 2.39 2.16 10.6%
H5-15-03B 116.7 1.34 1.11 1.23 (9.7%)
H5-15-03Dtw 134.4 1.46 1.23 1.28 (3.7%)
Total 506.9 2.05 1.76 1.76 0.4%

600m
HORNE PROJECT
CONFIRMATORY DRILL PROGRAM – HORNE 5
ENV_A
Targets (Zones)
 All within the Main
Envelope (ENV_A)
 At least one in each
High Grade Zones
 Two in the two major
high grade zones
(HG_A and HG_B)
 HG_A targeted a
silver-zinc rich zone
HG_A
HG_B
HG_E
HG_C
HG_D
High Grade Zones Main Envelope
1000 ft
E
305 m
W
1000 ft
E
305 m
W
H5-15-01
H5-15-02
H5-15-03

1110.4m
Mineralized Zones Hole H5-15-01
HORNE PROJECT
2015 DRILL PROGRAM – HORNE 5

Highly Prospective Land in a Top Jurisdiction
 13 former mines on 740 km2 of Falco properties
 Over 80 years of data archives
 Great land package with several high potential green and
brown field prospects
LAND PACKAGE
DOMINANT POSITION IN ESTABLISHED CAMP
Balmoral 700 km
Lake Shore Gold 182 km
Niogold 125 km
Eastmain Resources 125 km
Eagle Hill 124 km
St. Andrews Goldfields 120 km
Integra Gold 30 km
Falco Resources 740+ km

Background
Previously Untested
 Cu-Zn-Au property, located 25km northwest of
Rouyn-Noranda
 One of the most significant VMS properties in the
Camp
Lithogeochemically similar to Horne Complex
rocks
 Falco identified near-surface conductors related to
stratigraphy with the chemical characteristics of
Horne Complex
 Over 2km of laterally extensive exhalative sequence,
akin to VMS systems
 Several Zn-rich anomalies
Consistent with lateral placement to VMS
mineralization
Distribution Map of High Probability
“Horne Type” Samples
Rimo
Horne Complex
RIVIERE MOUILLEUSE (RIMO)
SIMILAR SIGNATURE TO HORNE

RIVIERE MOUILLEUSE (RIMO)
SIMILAR SIGNATURE TO HORNE
 5,000 meter drilling program
has commenced
 2 drills
 ~10 holes

Potential to increase Mineral Resources in the Horne Complex
 11 gold targets within the shadow of the old mines
 Identified potential Horne West extension at depth
 Targeting 3 zones initially
HORNE 5 PLUS PROGRAM
ADDITIONAL TARGETS IN THE HORNE COMPLEX

Horne West
Au g/t
 Several near-surface
mineralized zones
close to Horne
 Drilled by Noranda but
smelter sought higher
copper values
 Would provide early
cash flow during
production ramp-up
 Testing extensions
Horne 5
Deposit
Horne
Mine
Possible
Extension
HORNE 5 PLUS PROGRAM
NEAR SURFACE TARGETS

 Glencore will retain its back-in right to acquire a 65% interest on any base metal deposit containing
more than 350,000 tonnes copper metal equivalent after presentation of a NI 43-101 compliant
resource, under the following conditions:
 paying Falco three times the project-specific exploration and development expenditures;
 paying Falco three times the Rouyn regional base metal exploration expenditures up to a maximum of $20
million;
 Glencore must complete a compliant feasibility study, within a specified period and at no cost to Falco;
 Falco will retain a 35% interest; receive a 6-month financing period subsequent to a production decision; and
will participate in a JV management committee where unanimous agreement is required on critical mining
decision
 The back-in right does not apply to any gold deposit, defined as a deposit where the value of gold and
silver are three times greater than the value of base metals, using 6-month average metal prices at
closing as defined at the date of the agreement. As such, gold deposits are solely to the Falco
account.
 Glencore retains a 1-2% NSR on all metals on mineral claims transferred to Falco. Where historic
royalties exist, the combined royalty is capped at 3 to 4%. In areas with no prior royalties, the NSR is
capped at 2%.
 Glencore has the right to explore for and exploit smelter materials (e.g. flux) in all areas. Should
smelter materials be mined from the Falco properties, Falco will receive a royalty of $0.50 per tonne
plus 50% of any gold which may be recovered
 Glencore retains their rights of first refusal for custom milling and smelting of base metal production
GLENCORE AGREEMENT
TERMS OF THE AGREEMENT

FALCO RESOURCES
VALUE PROPOSITION – EV / RESOURCES
$7 $8
$14
$28
$3 $9
$13 $13
$16
$22 $24
$5 $6
$12
$31
$8
$23
$32
$64 $65 $67
$90
$139
PureGold
Falco
Niogold
Eastmain
PilotGold
Almaden
Corvus
Integra
Kaminak
Dalradian
Continental
Lydian
Midas
WestKirkland
Pretium
TrueGold
Asanko
TMAC
GuyanaGF
Aureus
Torex
Rubicon
Roxgold
Resources
PEA
PFS / Feasibility Study - Not Yet Funded
Fully Financed and In Construction / Ramp up
PEA Average: $14
Fully Funded and in
Construction / Ramp-Up
Average: $61
Resource Average: $14 PFS / Feasibility - Not Yet
Funded Average: $13
SOURCE: BMO, FACTSET AND COMPANY FILINGS

CORPORATE TIMELINE
First Half
of 2017
•Full
Feasibility
Study
•Construction
Decision
2016
•Significant
Infill Drilling
Program
from surface
•Initiate
dewatering
program
2nd
Quarter
2016
•Initial
Preliminary
Economic
Assessment
November
-December
2015
•New 43-101
Resource
Estimate
Summer &
Fall 2015
•5,000 meter
program on
RIMO
•7,800 meter
program on
Horne 5 plus
•Metallurgy
•Hydrology
•Geotechnical
•Environment
•Engage with
community
and all
stakeholders
January to
August
2015
•16,000
meters
Confirmatory
Drilling
Program

Sean Roosen, Chairman
 Chairman & CEO of Osisko Royalties
Luc Lessard, President & CEO, Director
 Former COO of Canadian Malartic Partnership
 Former COO and Senior Vice-President of Engineering
& Construction for Osisko Mining
 Former Vice-President of Engineering & Construction
for Iamgold
 Former Executive Director of Engineering &
Construction for Cambior
Jim Davidson, Director
 Co-Founder of Falco Resources
 Former CFO of Western Minerals Group
Claude Ferron, Director
 Former COO of Xstrata Copper Canada
Paul Henri-Girard, Director
 Former Vice-President of Canadian Operations at
Agnico Eagle Mines
Luc Lessard, President & CEO, Director
Vincent Metcalfe, CFO
 Former mining investment banker
Claude Bernier, Exploration Manager
 Over 40 years of experience on various exploration projects
Claude Léveillée, Vice-President Community Relations &
Human Resources
 Former Corporate Director, Human Resources/Organizational
Development at Agnico Eagle Mines
SENIOR LEADERSHIP TEAM
Board of Directors Officers

Head Office
Falco Resources Ltd.
1100, avenue des
Canadiens-de-Montréal
Bureau 300
Montréal, QC H3B 2S2
Tél. : +1.514.905.3162
Toll Free : +1.888.915.2009
Courriel : info@falcores.com
Investor Inquiries
Vincent Metcalfe, CFO
Tel: +1.514.905.3162
Email: vmetcalfe@falcores.com
CONTACT US

September 2015 Corporate Presentation

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