Canadian Mining Journal


Falco to move from PEA straight to feasibility at Horne 5

Luc Lessard has worked on eleven open pit and underground mine builds over the course of his career as a mining engineer, including the Canadian Malartic gold mine, but he isn’t finished yet.

The president and CEO of Falco Resources (TSXV: FPC) believes the junior’s Horne 5 deposit in Rouyn-Noranda, QC, could become Canada’s next significant new gold mine.

Horne 5 sits immediately below the former producing Horne mine, which was operated by Noranda from 1926 to 1976 and produced about 2.5 billion lb of copper and 11.6 million oz of gold.

Since acquiring the project for $5 million in 2012, Falco has defined a prospective large bulk tonnage resource of 6.6 million gold equivalent ounces.

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