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

ROUYN-NORANDA, Quebec, May 21, 2024 (GLOBE NEWSWIRE) -- 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.”