A rendering of the surface facilities at the Horne 5 gold project. (Image: Falco Resources)
QUEBEC – Falco Resources of Montreal has signed a $60-million agreement to purchase the mining fleet for the Horne 5 underground gold project from Sandvik Mining and Rock Technology. The project, located in Rouyn-Noranda, could produce its first gold in late 2021.
Sandvik will supply five 21-tonne load-haul-dumpers, four 50-tonne underground trucks (plus two more trucks for phase three development), four two-boom automated jumbos, five bolters, five automated production drills, two cable bolters, and two wet shotcrete sprayers. Sandvik will also supply, install and start up its AutoMine loading system to allow the operation of several loaders in several headings from a single operator station.
The recent corporate presentation contains details of the Horne 5 feasibility study. Read it at www.FalcoRes.com.