In anticipation of the public examination (public hearings) of the Bureau d’audiences publiques sur l’environnement (“BAPE”), Falco invites the population to an information meeting organized by the BAPE as part of the public information period. This information meeting will be held on Tuesday, May 21 at 7:30 p.m. at the Petit Théâtre du Vieux-Noranda (112, 7e rue, Rouyn-Noranda, QC, J9X 1Z9) and will allow the community to learn and ask questions about the Falco Horne 5 Project.
Hélène Cartier, Vice-President, Environment, Sustainable Development and Community Relations, said: “We look forward to continuing our collaborative approach with host communities and the launch of the BAPE process will open up more consultations and transparent and direct discussions with stakeholders, as well as allowing the advancement of the environmental permit process towards obtaining a ministerial decree authorizing the Falco Horne 5 Project.”
FALCO HORNE 5 PROJECT: A WORLD-CLASS HISTORICAL DEPOSIT
Environment
Production
Luc Lessard, President and CEO declared: “In light of the significant progress recently achieved including the signing of the OLIA and confirmation of admissibility of the environmental impact assessment, as well as the ongoing BAPE process, the Falco Horne 5 Project has entered a new, proactive phase, which brings us closer to its execution phase. In addition, during the second half of 2024, Falco will update the feasibility study (2021), particularly in the financial sections, so that it reflects current assumptions, including the increase in the long-term prices of commodities.”
About Falco
Falco Resources Ltd. is one of the largest mineral claim holders in the Province of Québec, with extensive land holdings in the Abitibi Greenstone Belt. Falco owns approximately 67,000 hectares of land in the Noranda Mining Camp, which represents 67% of the entire camp and includes 13 former gold and base metal mine sites. Falco’s principal asset is the Horne 5 Project located under the former Horne mine that was operated by Noranda from 1927 to 1976 and produced 11.6 million ounces of gold and 2.5 billion pounds of copper. Osisko Development Corp. is Falco’s largest shareholder owning a 17.3% interest in the Corporation.
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