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Crestview Exploration Options TO Purchase the Falcon Project
Crestview Exploration Options TO Purchase the Falcon Project
CALGARY – Crestview Exploration Inc. has entered into an option agreement with the Falcon Mine Group (FMG), whereby Crestview has optioned to purchase 100% of the Falcon Project. The Falcon project comprises eighty-seven (87) unpatented lode claim and six (6) patented claims associated with the historic Falcon mine. According to “in house†historical reports, “[t]he Falcon Mine was discovered in 1876 and produced high-grade ore, averaging 100 opt (ounces per ton) silver, until 1891†(Brian Bond, 2010 – Preliminary Geological Report, Falcon Claim Block). The property is situated just 2 km’s south of Crestview’s flagship Rock Creek prospect and a similar distance southwest of Crestview’s Divide prospect, placing all three properties in close proximity for a total of 189 claims.
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