Falco Resources (TSX.V: FPC) has published the results of an independent survey of the population of Rouyn-Noranda and Abitibi-Témiscamingue conducted by Léger regarding the Falco Horne 5 underground mine project.
The results show Falco enjoys strong majority support in Rouyn-Noranda, where 72% of respondents are in favour of the Horne 5 project, and in Abitibi-Témiscamingue, where support reaches 74%. These results demonstrate the population’s significant support for the project, particularly given its economic spin-offs and positive impact on employment.
The survey showed that respondents recognized the benefits the project will bring to the region, emphasizing its key role in local and regional economic growth and job creation. Despite some concerns about environmental impacts, a strong majority of respondents (73%) are confident Falco will work with civil society actors to ensure responsible implementation of the project.
Falco also highlighted that the poll showed that a high proportion of respondents (74%) felt the project should proceed for the community's benefit, strengthening the legitimacy and social acceptability of the Falco Horne 5 project in the region.
Hélène Cartier, the company’s vice president of environment, sustainable development and community relations, stated: “As demonstrated by the numerous briefs submitted to BAPE, these results confirm the population’s strong support for our Project and our commitment to act responsibly. We will continue our concerted efforts with all stakeholders to ensure a mutually beneficial development. We believe this strong support justifies our request to the Québec government to deem the project acceptable.”
Falco Resources CEO Luc Lessard added: “These results are a testament to the broad support for the Project among Rouyn-Noranda residents, consistent with what we have been seeing for several years now. Falco has submitted to the authorities at the Québec government a mining development project that will be of great benefit to the city, the Abitibi-Témiscamingue region and all of Québec. It remains surprising, however, that after more than 8 years, the government has yet to recognize the Project’s conformity.”
The company will continue its discussions with the Ministère de l'Environnement, de la Lutte contre les changements climatiques, de la Faune et des Parcs to have the project’s compliance recognized and complete the environmental analysis.
The survey was conducted from February 27 to March 9, 2025, among 500 Abitibi-Témiscamingue residents aged 18 and over. The presumed margin of error is ±4.38%, 19 times out of 20. The survey can be viewed by clicking on the following link: https://bit.ly/3RfaMlZ
The Falco Horne 5 project features a state-of-the-art mining operation that maximizes the use and rehabilitation of previously disturbed sites such as Quemont and Norbec. The company has estimated that the project will generate significant economic benefits, contributing about $3.8 billion to Québec’s GDP, including $2.2 billion to the regional GDP, notably through the creation of 900 jobs during construction and 500 jobs during operations.
Falco Resources is one of the largest mineral claim holders in the province of Quebec, with an extensive portfolio of properties in the Abitibi Greenstone Belt. Falco holds rights to approximately 67,000 ha of land in the Noranda mining camp, which represents 67% of the camp and includes 13 former gold and base metal mining sites. Falco’s main asset is the Horne 5 project located beneath the former Horne mine, which was operated by Noranda from 1927 to 1976 and produced 11.6 million ounces of gold and 2.5 billion pounds of copper. Osisko Development is Falco's largest shareholder, with a 16% interest in the company.
More information is posted on www.Falcores.com.
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