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Falco Sets the Stage for a Pivotal 2026 as the Horne 5 Project Advances Toward Government Decree
MONTRÉAL, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Falco Resources Ltd. (TSX.V: FPC) (“ Falc...
About this update from Falco Resources Ltd.
[{"type":"text","content":"Falco Sets the Stage for a Pivotal 2026 as the Horne 5 Project Advances Toward Government Decree\nMONTRÉAL, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Falco Resources Ltd. (TSX.V: FPC) (“Falco” or the “Corporation”) is pleased to provide shareholders with an outlook for 2026 as the Corporation advances its flagship Horne 5 Project located in Rouyn-Noranda, Québec (the “Horne 5 Project” or “Project”) through the final stages of project environmental acceptability and towards the receipt of the Québec ministerial decree. “The Horne 5 Project is one of the most advanced undeveloped polymetallic projects in Canada, and our focus in 2026 is execution,” said Luc Lessard, President and Chief Executive Officer of Falco. “With permitting advancing and a feasibility study update underway, we are working to position the Project for its next stage while ensuring the market fully understands its scale, quality, and value.” The Horne 5 Project is a large, gold-led underground polymetallic deposit located in Québec’s historic Noranda mining camp. In addition to strong community support, the Project benefits from advanced project acceptability and permitting progression, existing regional infrastructure, and a development plan outlining a long-life, low-cost operation supported by meaningful critical mineral (copper and zinc) contributions. The Environmental Impact Assessment has been deemed admissible, public hearings have been completed, and the Project continues to progress towards the Québec ministerial decree. As part of its 2026 plan, Falco is updating its 2021 Feasibility Study to reflect current metal prices, updated cost assumptions, and refined development planning. This updated study is expected to support strategic engagement and future financing discussions as the Project moves closer to execution readiness. “Our fundamentals are strong, and 2026 is about aligning execution with clear, consistent communication,” continued Mr. Lessard. “We believe this approach will help close the valuation gap and position Falco as a leading, construction-ready polymetallic development story in Canada.” 2026 priorities include: Advancing the Horne 5 Project toward receipt of the Québec ministerial dec...