After the big news of Falco’s milestone Agreement-in-Principle with Glencore, Falco announced on June 30th that it has entered into an Option Agreement with First Quantum Minerals for its future tailings management facility site for the Horne 5 Project.
The Option Agreement grants Falco the right to acquire 100% ownership in the Norbec and Millenbach sites owned by First Quantum. These properties will serve as Falco’s tailings management facilities and are located at a former tailings facility, approximately 11 km from the Horne 5 Project’s site. The use of this previously impacted site is consistent with Falco’s environmental, social and governance strategies (Sustainability Report dated May 31, 2021).
The full press release can be found here.
It was a busy week for Falco! Please contact me to learn more about Falco’s recent announcements.
R. Jeffrey White, LL.B., MBA
Director, Investor Relations
Falco Resources | TSX-V: FPC
rjwhite@hingemarkets.com
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