Mr. Vincent Metcalfe reports

FALCO FILES PRELIMINARY ECONOMIC ASSESSMENT TECHNICAL REPORT FOR HORNE 5 PROJECT

Falco Resources Ltd. has filed today on SEDAR a National Instrument 43-101 technical report for its wholly owned Horne 5 gold project located in Rouyn-Noranda, Que. Falco's news release dated May 9, 2016, summarizes the assumptions and key results contained in the technical report. There are no material differences between the assumptions and estimates contained in Falco's news release dated May 9, 2016, pertaining to this property, from those contained in the technical report filed today.