Falco Resources Ltd. · TSXV:FPC
Falco Resources — Corporate Update (June 2021)
11 slides from Falco Resources's corporate update, Jun 28, 2021
Slide 1: Horne 5 Project Agreement in Principle with Glencore
HORNE 5 PROJECT AGREEMENT IN PRINCIPLE WITH GLENCORE STRENGTHENING THE GLENCORE PARTNERSHIP Investors Conference Call TSX.V: FPC June 28, 2021 www.falcores.com
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT This presentation contains forward-looking statements and forward-looking information (together, “forward-looking statements”) within the meaning of applicable securities laws. These statements are based on information currently available to the Corporation and the Corporation p
Slide 3: Falco/Glencore Agreement in Principle
FALCO/GLENCORE AGREEMENT IN PRINCIPLE Falco has entered into an Agreement In Principle (“AIP”) with Glencore Canada Corporation (“Glencore”) to facilitate the development and operation of its flagship Horne 5 Project. The AIP establishes the framework of the terms and conditions of the Principal Ope
Slide 4: A Major Milestone!
A MAJOR MILESTONE! A clear and unequivocal demonstration of Glencore’s support and alignment for the Horne 5 Project. The culmination of years of work including: • Completion of the geotechnical assessment and proposed mitigation measures for areas of interest to both Glencore and Falco including th
Slide 5: Key Developments with Glencore
KEY DEVELOPMENTS WITH GLENCORE The signing of this Agreement was made possible following: • Signing of the life of mine offtake agreements (Oct 2020) • Collaborative Work Plan design (Oct 2020) • Bridge financing with Glencore ($10M) • Updating of the 2017 Horne 5 Feasibility Study (April 2021) • Su
Slide 6: Important Implications for Falco
IMPORTANT IMPLICATIONS FOR FALCO Provides a clear path to a Principal Operating License → Expected in Q3/2021 This Agreement will govern our relationship with Glencore going forward Recognition of the strong working relationship and collaboration between the parties Validation of the technical capab
Slide 7: Key Strategic Agreements Already in Place
KEY STRATEGIC AGREEMENTS ALREADY IN PLACE Offtake agreements with Glencore • Life of mine Cu and Zn concentrate offtake agreements • 40k-60k metric tonnes per year of Cu con. (16% Cu) • 60k-90k metric tonnes per year of Zn con. (52% Zn) • Fully integrated to Québec electrification of transportation
Slide 8: Robust Project Economics
ROBUST PROJECT ECONOMICS Horne 5 Project Economic Highlights (as per April 2021 Updated Feasibility Study1): • The Horne 5 Project is a world-class deposit of over 6 Million gold equivalent ounces • Average annual gold production of 220,300 ounces over 15 years LOM • NPV5% of US$761M and an IRR of 1
Slide 9: The Falco Advantage
THE FALCO ADVANTAGE Strong partners • Glencore • Québec Government • Osisko Gold Royalties • Osisko Development Large NI 43-101 reserves and resources with potential for growth • The Horne 5 Project is a world-class deposit of over 6 Million gold equivalent ounces • Copper/Zinc base metal contained
Slide 10: Near Term Objectives
NEAR TERM OBJECTIVES Obtain Final Principal Operating License expected in Q3/2021 Complete the revised EIA submission to the Québec Ministry of Environment by the end of 2021 Work Plan completion Secure authorization from MELCC to initiate public hearing process (BAPE) in 2022 Advance financing disc
Slide 11: Contact Us
CONTACT US HEAD OFFICE 1100, Canadiens-de-Montréal Avenue, Suite 300 Montreal, QC H3B 2S2 1.514.905.3162 PROJECT OFFICE 161, Murdoch Avenue Rouyn-Noranda, QC J9X 1E3 1.819.917.3875 INVESTOR RELATIONS Luc Lessard President, CEO and Director 1.514.261.3336 info@falcores.com Jeffrey White Director, Inv