COPPER-GOLD: Falco moving Horne 5 toward 2022 start

QUEBEC – Falco Resources of Montreal continues to move its Horne 5 copper-gold project toward a 2022 start up. The project, that represents an investment of $1.3 billion for both pre-production and sustaining costs, is located at Rouyn-Noranda. [caption id="attachment_1003721584" align="alignleft" width="300"] Construction of the hoist building at the Horne 5 copper-gold project. (Image: Falco Resources)[/caption] Construction of the hoist building began last December, and is to be finished in Q2 2018. Key components for the auxiliary and service hoists have been shipped, and will be assembled when the hoist building is complete. Falco has ordered the major equipment for the water treatment facility and pumping system. The treatment and pumping system will have a capacity of 600 m³/h. The province is still reviewing the dewatering permit application, and other authorizations are required from a third party. Detailed engineering work has begun with priority given to the water treatment plant, electrical sub-station and hoist. Horne 5 does not require a federal environmental assessment. In the community, Falco continues its outreach program. Besides consultations, the company is building a new school. The $22.5-million facility will be turned over to the local school authority in September 2018. Readers may enjoy the 3D animation and other details about the Horne 5 project by going to www.FalcoRes.com.