Business
Falco’s Horne 5 Project: The Government of Québec confirms the project's progress within its environmental authorization process
Highlights Falco has received written confirmation from the Québec government regarding the progress of the environmental assessment for the Horne 5 Project.
About this update from Falco Resources Ltd.
[{"type":"text","content":"\n \nHighlights\n\nFalco has received written confirmation from the Québec government regarding the progress of the environmental assessment for the Horne 5 Project.\nThe Ministry of the Environment indicated that the environmental acceptability analysis is nearing completion.\nInformation provided by Falco has helped identify solutions to many of the key environmental issues.\nThe Ministry of the Environment indicated that the environmental assessment should be completed in the fall of 2026, subject to the receipt of additional information.\nThe Horne 5 Project is recognized by the government as a significant project that contributes to Québec’s objectives for critical and strategic minerals.\n\nMONTREAL, June 16, 2026 (GLOBE NEWSWIRE) -- Falco Resources Ltd. (FPC: TSX-V) (“Falco” or the “Corporation”) is pleased to announce that it has received official confirmation from the Ministry of the Environment, the Fight Against Climate Change, Wildlife and Parks (the “Ministry”) that the environmental assessment process for Falco’s Horne 5 Project (the “Horne 5 Project” or the “Project”), located in Rouyn-Noranda, Québec, Canada, is progressing toward its conclusion. The Ministry anticipates completing the environmental acceptability analysis in the fall of 2026.\nAs part of its ongoing discussions with the Ministry, Falco received confirmation that the government analysis is progressing well and that the information provided to date has led to concrete solutions for many of the identified environmental issues. Specifically, the Ministry confirmed that the planned mitigation measures could allow mining operations to proceed without compromising the activities of the Regional Radiation Oncology Centre. This concern raised by the Regional Public Health Department was the subject of a thorough analysis by a committee of independent experts.\nSimilarly, during a meeting, the Premier’s office stated that it was fully committed to the economic development of the regions and wanted Québec to become a leader in the production and processing of critical and strategic minerals.\nLuc Lessard, President and Chief Executive Officer, commented: “The correspondence received from the Government of Québec represents an important step forward for the Horne 5 Project. We are encouraged by the Ministry’s assessment that the environmental analysis i...