For Immediate Release
ALERT ISSUED - Watch FCYI.PK !
Falcon Energy, Inc.
F C Y I
1 week ago $ 0.88
Today $ 1.91
Up from $ 1.60 Wend
5 Day Expected $ 2.90
Market Plus Top Four Pick
There is a big PR campaign starting today and running all weekend!! This Is Going To Explode!
Is FCYI Ready To Go? If You Think So, You Know what to Do...
Review exactly what the company does and Watch This One Trade...
VANCOUVER, British Columbia, May 26, 2006 (PRIMEZONE) -- Falcon Energy, Inc. is pleased to announce that it will be initiating a detailed study for two of the properties for which it holds exploration licenses in Mongolia. The studies will be in preparation for a work program on the properties. Falcon Energy Inc. will seek to engage a geological team to study its properties and make recommendations for the commencement of a work program. Both properties hold great promise for the discovery of significant deposits of Uranium.
The first property is the Huld License Area (license 9997X)
The Huld license area is located on the territory of Dashbalbar soum of Dornot province. This property is situated 650 km NE of Ulaanbaatar and 170 km North of Choibalsan /province center/ and 50 km NE of the significant Mardai Uranium deposit. Production of Uranium ore from the Mardai deposit has ranged up to 195 tons annually.
The second property is the Har Tolgoi License Area (license 9996X)
The license area is located at the joint part of Tuvshinshiree, Monhhaan and Uubayan soums of Suhbaatar province. The Har Tolgoi license area comprises a total of 12,319 hectares.
With the current bull market for Uranium, a number of companies are currently very active in Uranium exploration. The Western Prospector's team is focused on the a uranium project located in North-Eastern Mongolia with the 2006 exploration program, budgeted at US$16 million. UGL Enterprises also has holdings and great interest in the area.
Current major Uranium discoveries in Mongolia include the Dornod Deposit which has 40,128,000 pounds grading 0.118%, 31,664,000 pounds grading 0.177% and 26,349,000 pounds grading 0.236% and the Gurvanbulag project (Western Prospector) which has a reported resource of 22,679,160 pounds grading 0.245% and an additional 19,183,616 pounds grading 0.135% (source: National Bank report February 25, 2005).
Despite uranium spot prices in 2000 that touched lows of less than US$7.00 per pound for U3O8, the spot price has since increased to over US$37.00 per pound (January 30, 2006), and the long term Uranium market outlook remains positive with increased consumption, and future downtrend of secondary uranium sources.
Uranium Deposits in Mongolia
Soviet and Mongolian geologists began exploring for uranium in Mongolia in the 1940s. From 1967 to 1988 more systematic exploration for uranium was undertaken, and four major uranium deposits were defined in Mongolia, the Priargun, Gobi-Tamtsag, Khentii-Daur, and Northern Mongolian uranium provinces. Uranium deposits of economic value were discovered in the Dornod, Gurvanbulag, and Mardai areas of eastern Mongolia and the Kharaat area of southern Mongolia. The proven Uranium resources of Mongolia in these deposits are about 62,000 metric tons,
For Immediate Release
ALERT ISSUED - Watch FCYI.PK !
Falcon Energy, Inc.
F C Y I
1 week ago $ 0.88
Today $ 1.91
Up from $ 1.60 Wend
5 Day Expected $ 2.90
Market Plus Top Four Pick
There is a big PR campaign starting today and running all weekend!! This Is Going To Explode!
Is FCYI Ready To Go? If You Think So, You Know what to Do...
Review exactly what the company does and Watch This One Trade...
VANCOUVER, British Columbia, May 26, 2006 (PRIMEZONE) -- Falcon Energy, Inc. is pleased to announce that it will be initiating a detailed study for two of the properties for which it holds exploration licenses in Mongolia. The studies will be in preparation for a work program on the properties. Falcon Energy Inc. will seek to engage a geological team to study its properties and make recommendations for the commencement of a work program. Both properties hold great promise for the discovery of significant deposits of Uranium.
The first property is the Huld License Area (license 9997X)
The Huld license area is located on the territory of Dashbalbar soum of Dornot province. This property is situated 650 km NE of Ulaanbaatar and 170 km North of Choibalsan /province center/ and 50 km NE of the significant Mardai Uranium deposit. Production of Uranium ore from the Mardai deposit has ranged up to 195 tons annually.
The second property is the Har Tolgoi License Area (license 9996X)
The license area is located at the joint part of Tuvshinshiree, Monhhaan and Uubayan soums of Suhbaatar province. The Har Tolgoi license area comprises a total of 12,319 hectares.
With the current bull market for Uranium, a number of companies are currently very active in Uranium exploration. The Western Prospector's team is focused on the a uranium project located in North-Eastern Mongolia with the 2006 exploration program, budgeted at US$16 million. UGL Enterprises also has holdings and great interest in the area.
Current major Uranium discoveries in Mongolia include the Dornod Deposit which has 40,128,000 pounds grading 0.118%, 31,664,000 pounds grading 0.177% and 26,349,000 pounds grading 0.236% and the Gurvanbulag project (Western Prospector) which has a reported resource of 22,679,160 pounds grading 0.245% and an additional 19,183,616 pounds grading 0.135% (source: National Bank report February 25, 2005).
Despite uranium spot prices in 2000 that touched lows of less than US$7.00 per pound for U3O8, the spot price has since increased to over US$37.00 per pound (January 30, 2006), and the long term Uranium market outlook remains positive with increased consumption, and future downtrend of secondary uranium sources.
Uranium Deposits in Mongolia
Soviet and Mongolian geologists began exploring for uranium in Mongolia in the 1940s. From 1967 to 1988 more systematic exploration for uranium was undertaken, and four major uranium deposits were defined in Mongolia, the Priargun, Gobi-Tamtsag, Khentii-Daur, and Northern Mongolian uranium provinces. Uranium deposits of economic value were discovered in the Dornod, Gurvanbulag, and Mardai areas of eastern Mongolia and the Kharaat area of southern Mongolia. The proven Uranium resources of Mongolia in these deposits are about 62,000 metric tons,
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For Immediate Release
ALERT ISSUED - Watch FCYI.PK !
Falcon Energy, Inc.
F C Y I
1 week ago $0.88
Today $ 1.87
Up from $1.60 Wend
5 Day Expected $2.90
Market Plus Top Four Pick
There is a big PR campaign starting today and running all week!! This Is Going To Explode!
Is FCYI Ready To Go? If You Think So, You Know what to Do...
Review exactly what the company does and Watch This One Trade...
VANCOUVER, British Columbia, May 19, 2006 (PRIME ZONE) --
As part of the commitment of Falcon Energy, Inc., a Nevada Corporation, to keep
investors informed of its status and activities, the company is providing this
investor update.
Gas production continues steadily from Falcon Energy's Richmount Westlock property
in Alberta, Canada. This opportunity has proven itself out as the property and
investment have benefited from the surge in natural gas prices since the well was
first tied in May of 2005. The market price (NYMEX) for natural gas at that time
was approximately $6.50 per MMBTU but in the last year prices stayed over 10.00 per
MMBTU for a 5 month period with several spikes above the $14.00 range. The company
is pleased that the investment continues to provide consistent revenue for the company
and its shareholders.
Falcon Energy Inc. has also announced that due to the confirmed addition of its mining
exploration properties in Mongolia, that it will shortly be expanding the executive team
to assist in managing this new opportunity. Details will be forthcoming.
VANCOUVER, British Columbia, May 17, 2006 (PRIME ZONE) -- Falcon Energy, Inc.
is pleased to announce that the granting of exploration licenses for five mining properties
in Mongolia has been finalized. These licenses will be held for a minimum of three years and
grant Falcon Energy, Inc. access to the mineral rights for the
licensed properties.
Falcon Energy, Inc. had recently sought the mineral rights to these significant properties
in the mineral rich region of Mongolia. Falcon Energy's interest in the region is driven in
part by the anticipation of deploying modern prospecting methods to an area that abounds in
both base and precious metals.
The five licensed areas are:
8825E - The Duhum Hujirt License Area
8454X - Tsagaan Tolgoi Copper/Gold Project
9997X - The Huld License Area
9996X - The Har Tolgoi License Area
9668X - Hutagt License Area
Exploitable mineral resources found in the area in which the licenses are held include:
Gold, base metals such as Copper, Molybdenum, Lead and Zinc as well as Fluorite and Uranium.
For Immediate Release
ALERT ISSUED - Watch FCYI.PK !
Falcon Energy, Inc.
F C Y I
1 week ago $0.88
Today $ 1.87
Up from $1.60 Wend
5 Day Expected $2.90
Market Plus Top Four Pick
There is a big PR campaign starting today and running all week!! This Is Going To Explode!
Is FCYI Ready To Go? If You Think So, You Know what to Do...
Review exactly what the company does and Watch This One Trade...
VANCOUVER, British Columbia, May 19, 2006 (PRIME ZONE) --
As part of the commitment of Falcon Energy, Inc., a Nevada Corporation, to keep
investors informed of its status and activities, the company is providing this
investor update.
Gas production continues steadily from Falcon Energy's Richmount Westlock property
in Alberta, Canada. This opportunity has proven itself out as the property and
investment have benefited from the surge in natural gas prices since the well was
first tied in May of 2005. The market price (NYMEX) for natural gas at that time
was approximately $6.50 per MMBTU but in the last year prices stayed over 10.00 per
MMBTU for a 5 month period with several spikes above the $14.00 range. The company
is pleased that the investment continues to provide consistent revenue for the company
and its shareholders.
Falcon Energy Inc. has also announced that due to the confirmed addition of its mining
exploration properties in Mongolia, that it will shortly be expanding the executive team
to assist in managing this new opportunity. Details will be forthcoming.
VANCOUVER, British Columbia, May 17, 2006 (PRIME ZONE) -- Falcon Energy, Inc.
is pleased to announce that the granting of exploration licenses for five mining properties
in Mongolia has been finalized. These licenses will be held for a minimum of three years and
grant Falcon Energy, Inc. access to the mineral rights for the
licensed properties.
Falcon Energy, Inc. had recently sought the mineral rights to these significant properties
in the mineral rich region of Mongolia. Falcon Energy's interest in the region is driven in
part by the anticipation of deploying modern prospecting methods to an area that abounds in
both base and precious metals.
The five licensed areas are:
8825E - The Duhum Hujirt License Area
8454X - Tsagaan Tolgoi Copper/Gold Project
9997X - The Huld License Area
9996X - The Har Tolgoi License Area
9668X - Hutagt License Area
Exploitable mineral resources found in the area in which the licenses are held include:
Gold, base metals such as Copper, Molybdenum, Lead and Zinc as well as Fluorite and Uranium.
For Immediate Release
ALERT ISSUED - Watch FCYI.PK !
Falcon Energy, Inc.
F C Y I
1 week ago $0.88
Today $ 1.87
Up from $1.60 Wend
5 Day Expected $2.90
Market Plus Top Four Pick
There is a big PR campaign starting today and running all week!! This Is Going To Explode!
Is FCYI Ready To Go? If You Think So, You Know what to Do...
Review exactly what the company does and Watch This One Trade...
VANCOUVER, British Columbia, May 19, 2006 (PRIME ZONE) --
As part of the commitment of Falcon Energy, Inc., a Nevada Corporation, to keep
investors informed of its status and activities, the company is providing this
investor update.
Gas production continues steadily from Falcon Energy's Richmount Westlock property
in Alberta, Canada. This opportunity has proven itself out as the property and
investment have benefited from the surge in natural gas prices since the well was
first tied in May of 2005. The market price (NYMEX) for natural gas at that time
was approximately $6.50 per MMBTU but in the last year prices stayed over 10.00 per
MMBTU for a 5 month period with several spikes above the $14.00 range. The company
is pleased that the investment continues to provide consistent revenue for the company
and its shareholders.
Falcon Energy Inc. has also announced that due to the confirmed addition of its mining
exploration properties in Mongolia, that it will shortly be expanding the executive team
to assist in managing this new opportunity. Details will be forthcoming.
VANCOUVER, British Columbia, May 17, 2006 (PRIME ZONE) -- Falcon Energy, Inc.
is pleased to announce that the granting of exploration licenses for five mining properties
in Mongolia has been finalized. These licenses will be held for a minimum of three years and
grant Falcon Energy, Inc. access to the mineral rights for the
licensed properties.
Falcon Energy, Inc. had recently sought the mineral rights to these significant properties
in the mineral rich region of Mongolia. Falcon Energy's interest in the region is driven in
part by the anticipation of deploying modern prospecting methods to an area that abounds in
both base and precious metals.
The five licensed areas are:
8825E - The Duhum Hujirt License Area
8454X - Tsagaan Tolgoi Copper/Gold Project
9997X - The Huld License Area
9996X - The Har Tolgoi License Area
9668X - Hutagt License Area
Exploitable mineral resources found in the area in which the licenses are held include:
Gold, base metals such as Copper, Molybdenum, Lead and Zinc as well as Fluorite and Uranium.
