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Falco Resources (TSXV:FPC) President & CEO, Luc Lessard and CFO, Vincent Metcalfe, were interviewed by Financial Post about the company’s Horne 5 project in the Abitibi Greenstone Belt in Quebec. As quoted in the article: “We’ve done this before,” said Metcalfe referring to the fact that most of the management at Falco are alumni of …
Falco Resources (TSXV:FPC) President & CEO, Luc Lessard and CFO, Vincent Metcalfe, were interviewed by Financial Post about the company’s Horne 5 project in the Abitibi Greenstone Belt in Quebec.
As quoted in the article:
“We’ve done this before,” said Metcalfe referring to the fact that most of the management at Falco are alumni of Osisko’s Canadian Malartic gold mine. Another billion dollar CAPEX, which Lessard was in charge of building.
“We are completing our feasibility study and expect to release it during the summer,” said Lessard. “Think July. So now we have to finance the project and permit it. The Quebec government has recently invested $10 million dollars and usually, when they make that sort of commitment, down the road, they take a substantial portion of the overall project financing” said Metcalfe.
“Having Bryan Coates, who is the President of Osisko Gold Royalties, come on the Board is very important. Bryan has extensive project financing experience worldwide and he is in Quebec City a couple of times a month. He knows the people in the Quebec government and he’ll be helping introduce Falco’s project.” said Lessard.
Click here for the full interview.
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