Falco Resources – Project Overview And Development Update Of The Horne 5 Deposit

Jeffery White, VP of Investor Relations for Falco Resources (TSX.V:FPC – OTC:FPRGF), joins us to outline the Project economics, resources, mix of metals, and projected production profile of the Company’s Horne 5 Deposit, in the Abitibi region of Quebec.


We start off by looking at how the project economics improved from 2017 to the updated Feasibility Study released in 2021, and then also detailed how robust the economics are with sensitivities to current metals prices.  The Horne 5 Deposit has 6.1 million gold equivalent ounces in reserves, and over 9 million gold equivalent ounces in all categories.  The mix of metals represented in the project is 68% gold, 7.4% silver, 9.4% copper, and 14.9% zinc.  The Project is estimated to produce 220,000 ounces of gold annually, with a total of 320,000 ounces of gold equivalent ounces annually over a 15 year mine life.


Next we shift over to the key milestones for 2022 and 2023 for investors to keep tabs on and get a breakdown from Jeff on the Capex needed for various parts of the development process.  We also discuss the large company partners that all have an interest in this asset and will help with various parts of the Project financing.  These partners include Osisko Gold Royalties, Osisko Development, the Province of Quebec, and Glencore.


Please email us with any follow up questions you have for Jeff regarding Falco and the Horne 5 Deposit. Our email addresses are and



Click here to read over the Falco Corporate Presentation.