EXPLORATION & DEVELOPMENT

Horne 5 tipped as significant mine

Falco Resources (CN:FPC) says its feasibility study shows Horne 5 could be Quebec’s next significant gold mine, with a high level of automation.

Staff reporter
 Falco wants to start production at the former mine in 2022

Falco wants to start production at the former mine in 2022

The feasibility study outlined an after-tax NPV (5% discount) of US$602 million and an IRR of 15.3%, with all-in sustaining costs, net of by-product credits, in the top quartile at $399/oz over the life...

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