Falco Thanks the Community for Its Participation at the BAPE Public Information Session

Falco Thanks the Community for Its Participation at the BAPE Public Information Session

 

Falco Resources Ltd. (TSX.V: FPC) (" Falco " or the " Corporation ") provides a positive assessment of the public information meeting of the Bureau d'audiences publiques sur l'environnement (" BAPE ") held on May 21 st at the Petit Théâtre du Vieux-Noranda. More than 200 people came for information and to ask questions about Falco's Horne 5 Project (" Falco's Horne 5 Project " or the " Project ") not counting webcast participants, which demonstrates the population's high level of interest in the Project for all the surrounding communities.

 

This public information session allowed the population and various organizations to obtain details on the Project and answers on subjects of concern to them. Falco's team has been engaged and listening to citizens since day one. To that effect, Falco has heard each of the concerns raised during the public information session and again invites the population to come meet the team at Espace Falco, located at 157 Avenue Principale, in Rouyn-Noranda.

 

Hélène Cartier, Vice-President, Environment, Sustainable Development and Community Relations, declared: " I would like to thank the citizens who took the time to attend the public information session. This process is essential and allows us to establish a climate of trust in complete transparency. From the very beginning, we have worked to establish an open and ongoing dialogue with the community. I invite the population to continue to learn and express themselves on Falco's Horne 5 Project in order to build a unifying and beneficial project for Rouyn-Noranda and the entire region. "

 

Falco's Horne 5 Project is an underground mining project of a world-class historic deposit. The Corporation plans to produce a copper concentrate, a zinc concentrate, gold and silver over a 15-year life of mine. Falco plans to reuse old infrastructures and restore environmental liabilities. It therefore plans to use the old Quemont 2 shaft as access infrastructure to the Horne 5 mineral zone and dispose of the tailings underground in the historic and new mining openings. Excess tailings will be deposited on the site of the former Norbec mine.

 

Luc Lessard, President and CEO declared: " The BAPE process is an important and essential step for Falco. It will demonstrate that Falco's Horne 5 Project is a high-quality project integrated into its community and that it will have major benefits beyond the city of Rouyn-Noranda. Our teams have been working for years to push technological boundaries in order to sustainably exploit this historic deposit. "

 

The BAPE public information period relating to Falco's Horne 5 Project has been held since April 24, 2024 and will end on June 10, 2024. Citizens, groups, municipalities or organizations who wish the BAPE to carry out a public examination on the social, ecological and economic aspects of the Project have until June 10, 2024 to send a request for public consultation or mediation to the Minister of the Environment, the Fight against Climate Change, Wildlife and Parks. At the end of the public information period, a report will be sent to the Minister and made public on the BAPE digital platforms.

 

On April 23, 2024, Falco wrote to the Minister of the Environment, Fight and Climate Change, Wildlife and Parks and asked that a public review be held, led by the BAPE, regarding Falco's Horne 5 Project. Falco joined its voice to that of the municipality of Rouyn-Noranda and to local organizations, reiterating to the government that holding public hearings is essential given the interest of the Project for the community and for regional development.

 

  About Falco  

 

 Falco Resources Ltd. is one of the largest mineral claim holders in the Province of Québec, with extensive land holdings in the Abitibi Greenstone Belt. Falco owns approximately 67,000 hectares of land in the Noranda Mining Camp, which represents 67% of the entire camp and includes 13 former gold and base metal mine sites. Falco's principal asset is Falco's Horne 5 Project located under the former Horne mine that was operated by Noranda from 1927 to 1976 and produced 11.6 million ounces of gold and 2.5 billion pounds of copper. Osisko Development Corp. is Falco's largest shareholder owning a 17.3% interest in the Corporation.

 

  For further information, please contact:  

 

Luc Lessard
President and Chief Executive Officer
514 261-3336
info@falcores.com  

 

  Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.  

 

   Cautionary Note Regarding Forward-Looking Statements   

 

  This news release contains forward-looking statements and forward-looking information (together, "    forward-looking statements    ") within the meaning of applicable securities laws, in particular Falco's ability to complete the BAPE, to obtain receipt of permits and approvals required to develop Falco's Horne 5 Project and the ability of Falco to efficiently develop and operate Falco's Horne 5 Project based on the terms of the Operating License and Indemnity Agreement ("    OLIA    ")concluded with Glencore Canada Corporation ("    Glencore Canada    "). These statements are based on information currently available to the Corporation and the Corporation provides no assurance that actual results will meet management's expectations. The occurrence of such events or the realization of such statements is subject to a number of risk factors, including, without limitation, the ability of Falco to provide the financial assurance guarantees required by the OLIA and the exercise by Glencore Canada of rights under the OLIA which could affect the development and operation of Falco's Horne 5 Project, together with the other risk factors identified in Falco's continuous disclosure documents available at    www.sedarplus.com    . Although Falco believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by applicable law, Falco disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.  

 

 

 

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Canadian explorer in the Rouyn-Noranda mining camp

Falco Files Requested Documentation for the Horne 5 Project's Environmental Authorization Process

Falco Files Requested Documentation for the Horne 5 Project's Environmental Authorization Process

 

Falco Resources Ltd. (TSX.V: FPC) (" Falco " or the " Corporation ") is pleased to announce that it has responded to all questions and comments requested by the Direction de l'évaluation environnementale (" DEE ") des projets industriels et miniers on February 27, 2025 (the " Correspondence "), as more fully described in Falco's press release dated March 3, 2025.

 

The responses, commitments, and explanatory letter submitted (the " Responses ") follow the meetings and clarifications obtained from representatives of the Ministère de l'Environnement, de la Lutte contre les changements climatiques, de la Faune et des Parcs (the " Ministry ") and other ministries, regarding the principal issues raised by the Horne 5 project (the " Project "), in the Correspondence. The Responses will allow the Ministry to complete its analysis in accordance with the standard evaluation process.

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Horne 5 Project Update

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Falco Resources Ltd. (TSX.V: FPC) (" Falco " or the " Corporation ") announced today that since its March 3 rd press release (the " March 3 rd Press Release "), the Corporation has received complementary correspondence (the " Complementary Correspondence ") from the Direction de l'évaluation environnementale des projets industriels et minières, at the Ministère de l'Environnement, de la Lutte contre les changements climatiques, de la Faune et des Parcs (the " Ministry "), which aims to clarify the Ministry's position regarding the ongoing process regarding the Horne 5 Project (the " Project ").

 

The Complementary Correspondence confirms, among other things, that the list of comments and questions previously received and discussed in the March 3 rd Press Release (the " Additional Questions ") is part of the standard process and that at this stage of the process, as with any other project, no conclusions can be drawn, whether regarding the acceptability or otherwise of the Project or the recommendation that may subsequently be made to the Minister.

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REPEAT -- Independent Survey Confirms Public Support for Falco Horne 5 Project

REPEAT -- Independent Survey Confirms Public Support for Falco Horne 5 Project

 

Falco Resources Ltd. (TSX.V: FPC) (" Falco" or the " Company" ) is pleased to publish the results of an independent survey of the population of Rouyn-Noranda and Abitibi-Témiscamingue conducted by Léger regarding the understanding and social acceptability of the Falco Horne 5 underground mine project (the " Project" ).

 

  Three out of four people support the Project  

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Independent Survey Confirms Public Support for Falco Horne 5 Project

Independent Survey Confirms Public Support for Falco Horne 5 Project

 

Falco Resources Ltd. (TSX.V: FPC) (" Falco" or the " Company" ) is pleased to publish the results of an independent survey of the population of Rouyn-Noranda and Abitibi-Témiscamingue conducted by Léger regarding the understanding and social acceptability of the Falco Horne 5 underground mine project (the " Project" ).

 

  Three out of four people support the Project  

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Falco Receives Additional Comments and Questions From the Ministry of the Environment on the Horne 5 Project

Falco Receives Additional Comments and Questions From the Ministry of the Environment on the Horne 5 Project

 

Falco Resources Ltd. (TSX.V: FPC) (" Falco " or the " Company ") announces today that it has received a letter from the Direction de l'évaluation environnementale des projets industriels et minières at the Ministère de l'Environnement, de la Lutte contre les changements climatiques, de la Faune et des Parcs (the " Ministry ") regarding the Horne 5 Project (the " Project ").

 

This letter includes observations regarding the application of section 197 of the Clean Air Regulations (" CAR "), and identifies certain issues related to the Project further to the analysis of the environmental acceptability of the Project. A comprehensive list of comments, questions and requests for additional technical studies is also attached to the letter.

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Vertex Minerals Limited  Reward Gold Mine Project Update

Vertex Minerals Limited Reward Gold Mine Project Update

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX,VTXXF) (OTCMKTS:VTXXF) is pleased to announce that the underground mining operation is on track to be producing high grade gold feed to the recently commissioned gravity gold plant in the coming weeks.

HIGHLIGHTS:

- Operational Milestones

o VTX remains firmly on track to commence production of high-grade ore from the underground mine in the forthcoming weeks.

o Transformer and cabling for the installation of 11kV high voltage underground power system on site with installation commenced.

o Preparations for the underground mine startup up progressing as planned and stripping of the main access is completed.

o New Aramine L350D has departed France for the journey to Hill End. Arrival in Orange NSW expected in by 26th August where it will be fitted with an RCT remote control system for open stoping operations.

o Mining the Reward Gold Mine - Resource 225kozs at 16.7g/t (VTX ASX Announcement 21 June 2023).

o Weekly Gold production Oz's from Stockpiles improving with depth in the stockpiles, with coarser particle size and better process throughput experienced.

- Mine start up

o Fan chambers have been excavated to provide secondary ventilation for production activities, exploration drilling and the future southern access toward the Fosters' exploration target.

o Primary ventilation fan has been installed and bulkhead completed.

o High voltage surface substation has been installed.

o High voltage cabling installation commences next week, with power up of the system scheduled for 28 July 2025.

o Stripping of the main accessis completed with the final elements of ground support (approx. 30m) to be completed before power cable installation starts next week.

o Cable bolts installed for the intersection of Lady Belmore exploration drive with first cut drilled out and ready to charge.

o Development Jumbo #1 (Epiroc T1D) is exceeding performance expectations.

o Dewatered of declines well underway.

o Mine schedule for FY26 finalised.

o First airleg stope secondary vent installed and specialty equipment on site to start first air leg stope.

o First long hole stope planned for August. High grade from airleg and longhole stopes to complement larger tonnage from development ore headings.

- People that have been onboarded

o 2x Drill Fitters and Heavy diesel fitter.

o Process superintendent commences next week.

o Full Tech team started including mine surveyor this week.

o Have back-to-back airleg miners for stoping.

o Full underground and mill crews.

- Improvements to plant

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o Gemini table improvements with new tabletop and gearbox improving final concentrate grade to over 20% gold (suitable for direct smelting to Dore on site).

o Process water pump upgrade improving ore washing and Tomra performance.

- Revised mine plan and schedule completed and ready to implement

- Updated Reward Gold mine mining plan and mine schedule completed.

- Adding a high-grade long hole stope upfront to be mined concurrently with the high grade airleg stope.

Vertex Director Declan Franzmann commented: "It is great to see all the elements of re-developing the underground mine and processing facility coming together so rapidly. The most pleasing aspect is our success in employing an incredible team of people to run the operation and all credit to management for developing great "esprit de corps" and a single sense of purpose as we push to full production."

As previously announced, the startup mine schedule includes mining 2,075 tonnes at 17.8 g/t Au from a developed airleg stope block. The planned stope width is the same as the interpretation of the mineralisation. (Refer to Table 1 in Appendices 1) (VTX ASX announcement 26/06/23).

Given this stope will take some time to extract, the Vertex geology and Mining Team have additionally brought forward a very high-grade long hole stope to commence mining in August as well. Further optimisations to the mining schedule will continue to be made.

This stope can be exploited as soon as services have been established. The mining crews have done a great job in the access drive to make room for the services (11kV cable, water and air lines) while improving accessibility for the mobile mining equipment selected for the Project.

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/OUQP5Z21

 

About Vertex Minerals Limited:  

Vertex Minerals Limited (ASX:VTX,VTXXF) is an Australian based gold exploration company developing its advanced Hargraves and Hill End gold projects located in the highly prospective Eastern Lachlan Fold Belt of Central West NSW. Other Company assets include the Pride of Elvire gold project and Taylors Rock gold/nickel/lithium project both located in the Eastern Goldfields of WA. The focus of Vertex Minerals is to advance the commercial production of gold from its NSW projects embracing an ethical and environmentally sustainable approach.

 

 

Source:
Vertex Minerals Limited

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