Horne 5 Project
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Falco Horne 5: Marked by Strengthened Collaboration with the Community
Globenewswire· 2026-01-29 13:30
Core Insights - Falco Resources Ltd. reported positive outcomes from the Advisory Committee for the Horne 5 Project in 2025, highlighting strengthened community collaboration [1][6] Group 1: Advisory Committee and Community Engagement - The Advisory Committee, established in 2019 and renewed in January 2025, includes citizen representatives and serves as a key forum for dialogue to support the Horne 5 Project [2] - The Committee consists of 26 representatives and 7 observers from 8 sectors, addressing issues such as seismicity, air quality, and community benefits [3] - A subcommittee was formed to develop the Integrity Program for Residences and Infrastructure, aimed at protecting local residences and managing complaints [4] Group 2: Frameworks and Future Plans - The Committee established a Reference Framework for Community Interactions and is working on a Good Neighbour Guide to enhance community engagement [5] - In 2026, the company plans to continue dialogue with the community, focusing on training, employment, and housing [7] - A joint working group with the City of Rouyn-Noranda will ensure the Project's integration and deliver social benefits [8] Group 3: Company Overview - Falco Resources Ltd. is advancing the Horne 5 Project, one of Canada's most advanced undeveloped polymetallic assets, supported by established infrastructure and a strong technical team [9]
Falco Sets the Stage for a Pivotal 2026 as the Horne 5 Project Advances Toward Government Decree
Globenewswire· 2026-01-21 12:00
Core Viewpoint - Falco Resources Ltd. is advancing its Horne 5 Project in Québec, focusing on execution and permitting to position the project for its next stage while ensuring market awareness of its scale and value [2][3]. Project Overview - The Horne 5 Project is recognized as one of the most advanced undeveloped polymetallic projects in Canada, featuring a gold-led underground deposit in the historic Noranda mining camp [2][7]. - The project benefits from strong community support, advanced project acceptability, existing regional infrastructure, and a development plan for a long-life, low-cost operation with significant contributions from critical minerals like copper and zinc [2]. 2026 Strategic Plan - Falco is updating its 2021 Feasibility Study to reflect current metal prices and cost assumptions, which will aid in strategic engagement and financing discussions as the project approaches execution readiness [3]. - Key priorities for 2026 include advancing the Horne 5 Project towards the Québec ministerial decree, completing the feasibility study update, and maintaining transparent communication with shareholders [8]. Management and Advisory Engagement - Falco has engaged Achievers' Unlimited Inc. for management services, including corporate development and strategic advisory, and has approved the grant of stock options to Achievers for 400,000 common shares at an exercise price of $0.495 [6].