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Falco Initiates an Update to its Horne 5 Project's 2021 Feasibility Study
MONTREAL, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Falco Resources Ltd. (TSX-V:FPC) (“ Falco ...
About this update from Falco Resources Ltd.
[{"type":"text","content":"Falco Initiates an Update to its Horne 5 Project’s 2021 Feasibility Study \n\n\n\n MONTREAL, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Falco Resources Ltd. (TSX-V:FPC) (“\n \n Falco\n \n ” or the “\n \n Corporation”\n \n ) is pleased to announce that it has initiated an update of the feasibility study for its flagship Horne 5 Project located in Rouyn-Noranda, Québec (the “\n \n Horne 5 Project\n \n ” or the “\n \n Project\n \n ”). Falco anticipates that this study will be completed in the second quarter of 2026 and that it will reflect the considerable potential of the Project considering the significant changes in commodity prices since the release of the feasibility study for the Project in 2021 (the “\n \n 2021 Feasibility Study\n \n ”). Having completed the public hearing process with the Office of Public Hearings on the Environment (Québec) last year, the Corporation continues to work toward receiving the necessary ministerial decree authorizing the Project in the coming months.\n \n\n Luc Lessard, President and CEO of Falco, commented:\n \n “Updating the Horne 5 Project’s 2021 Feasibility Study with current long-term commodity pricing and project cost assumptions is exciting. The 2021 Feasibility Study, while describing significant potential economic returns, does not capture the rapidly changing gold, silver, copper and zinc pricing environment. The current metal values are expected to enhance the Horne 5 Project’s potential economic returns. In addition, recent acquisitions of major projects in Québec, such as the Windfall project by Gold Fields Limited and the Croinor project by Fresnillo plc, help investors understand the value of our Project.”\n \n\n\n Sean Roosen, Special Advisor to Falco and Chairman and CEO of Osisko Development Corp., Falco’s largest shareholder, added:\n \n “We believe that once a decree is in hand, it will put Falco in the enviable position of having one of the few large-scale polymetallic gold projects to be developed in North America. With this there could be continued re-rate potential through additional milestones such as financing and project development execution strategies.”\n \n\n\n The Horne 5 Project is an exceptional project in Québec and is on...