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Falco’s Horne 5 Project: The Government of Québec confirms the project’s progress within its environmental authorization process
16 June 2026
Highlights
• Falco has received written confirmation from the Québec government regarding the progress of the environmental assessment for the Horne 5 Project.
• The Ministry of the Environment indicated that the environmental acceptability analysis is nearing completion.
• Information provided by Falco has helped identify solutions to many of the key environmental issues.
• The Ministry of the Environment indicated that the environmental assessment should be completed in the fall of 2026, subject to the receipt of additional information.
• The Horne 5 Project is recognized by the government as a significant project that contributes to Québec’s objectives for critical and strategic minerals.
(Montréal, Québec, June 16, 2026) – Falco Resources Ltd. (FPC: TSX-V) (“Falco” or the “Corporation”) is pleased to announce that it has received official confirmation from the Ministry of the Environment, the Fight Against Climate Change, Wildlife and Parks (the “Ministry”) that the environmental assessment process for Falco’s Horne 5 Project (the “Horne 5 Project” or the “Project”), located in Rouyn-Noranda, Québec, Canada, is progressing toward its conclusion. The Ministry anticipates completing the environmental acceptability analysis in the fall of 2026.
As part of its ongoing discussions with the Ministry, Falco received confirmation that the government analysis is progressing well and that the information provided to date has led to concrete solutions for many of the identified environmental issues. Specifically, the Ministry confirmed that the planned mitigation measures could allow mining operations to proceed without compromising the activities of the Regional Radiation Oncology Centre. This concern raised by the Regional Public Health Department was the subject of a thorough analysis by a committee of independent experts.
Similarly, during a meeting, the Premier’s office stated that it was fully committed to the economic development of the regions and wanted Québec to become a leader in the production and processing of critical and strategic minerals.
Luc Lessard, President and Chief Executive Officer, commented: “The correspondence received from the Government of Québec represents an important step forward for the Horne 5 Project. We are encouraged by the Ministry’s assessment that the environmental analysis is progressing well and by its confidence that the process can be completed after the submission of additional information. Horne 5 is a responsible and transformative project for Abitibi-Témiscamingue and for Québec. Our team remains fully committed to working closely with regulatory bodies and stakeholders to advance the Project toward obtaining a government decree.”
Falco is working closely with the Ministry’s teams to produce the additional information required to finalize the environmental analysis, particularly regarding the groundwater lowering process. Following the Environmental Impact Assessment and Review Procedure (“EIA”), and after the Minister’s recommendation, the Council of Ministers will be responsible for authorizing the Project to proceed.
Hélène Cartier, Vice-President, Environment, Sustainable Development and Community Relations, summarized: “This project represents major investments, over 500 sustainable jobs, and significant socio-economic benefits for the community. We are collaborating constructively with the Ministry and remain confident that we can move to the next stage.”
The Horne 5 Project involves developing a polymetallic deposit of copper, zinc, gold, and silver located deep beneath the city of Rouyn-Noranda in the Abitibi-Témiscamingue region. It is one of the largest deposits in North America, with a production potential of over 15 years and the creation of several hundred direct and indirect jobs.
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www.falcores.com/en/news/...ironmental-authorization-process/
16 June 2026
Highlights
• Falco has received written confirmation from the Québec government regarding the progress of the environmental assessment for the Horne 5 Project.
• The Ministry of the Environment indicated that the environmental acceptability analysis is nearing completion.
• Information provided by Falco has helped identify solutions to many of the key environmental issues.
• The Ministry of the Environment indicated that the environmental assessment should be completed in the fall of 2026, subject to the receipt of additional information.
• The Horne 5 Project is recognized by the government as a significant project that contributes to Québec’s objectives for critical and strategic minerals.
(Montréal, Québec, June 16, 2026) – Falco Resources Ltd. (FPC: TSX-V) (“Falco” or the “Corporation”) is pleased to announce that it has received official confirmation from the Ministry of the Environment, the Fight Against Climate Change, Wildlife and Parks (the “Ministry”) that the environmental assessment process for Falco’s Horne 5 Project (the “Horne 5 Project” or the “Project”), located in Rouyn-Noranda, Québec, Canada, is progressing toward its conclusion. The Ministry anticipates completing the environmental acceptability analysis in the fall of 2026.
As part of its ongoing discussions with the Ministry, Falco received confirmation that the government analysis is progressing well and that the information provided to date has led to concrete solutions for many of the identified environmental issues. Specifically, the Ministry confirmed that the planned mitigation measures could allow mining operations to proceed without compromising the activities of the Regional Radiation Oncology Centre. This concern raised by the Regional Public Health Department was the subject of a thorough analysis by a committee of independent experts.
Similarly, during a meeting, the Premier’s office stated that it was fully committed to the economic development of the regions and wanted Québec to become a leader in the production and processing of critical and strategic minerals.
Luc Lessard, President and Chief Executive Officer, commented: “The correspondence received from the Government of Québec represents an important step forward for the Horne 5 Project. We are encouraged by the Ministry’s assessment that the environmental analysis is progressing well and by its confidence that the process can be completed after the submission of additional information. Horne 5 is a responsible and transformative project for Abitibi-Témiscamingue and for Québec. Our team remains fully committed to working closely with regulatory bodies and stakeholders to advance the Project toward obtaining a government decree.”
Falco is working closely with the Ministry’s teams to produce the additional information required to finalize the environmental analysis, particularly regarding the groundwater lowering process. Following the Environmental Impact Assessment and Review Procedure (“EIA”), and after the Minister’s recommendation, the Council of Ministers will be responsible for authorizing the Project to proceed.
Hélène Cartier, Vice-President, Environment, Sustainable Development and Community Relations, summarized: “This project represents major investments, over 500 sustainable jobs, and significant socio-economic benefits for the community. We are collaborating constructively with the Ministry and remain confident that we can move to the next stage.”
The Horne 5 Project involves developing a polymetallic deposit of copper, zinc, gold, and silver located deep beneath the city of Rouyn-Noranda in the Abitibi-Témiscamingue region. It is one of the largest deposits in North America, with a production potential of over 15 years and the creation of several hundred direct and indirect jobs.
...
www.falcores.com/en/news/...ironmental-authorization-process/
