Falco Resources Faces Environmental Compliance Challenges for Horne 5 Project

The latest announcement is out from Falco Resources ( (TSE:FPC) ).

Falco Resources Ltd. has received feedback from the Ministry of the Environment regarding its Horne 5 Project, highlighting concerns about air quality in Rouyn-Noranda. The Ministry’s letter questions the project’s compliance with section 197 of the Clean Air Regulations, suggesting that the atmospheric dispersion modeling does not meet regulatory standards, potentially increasing contaminant levels. Falco argues that their modeling shows negligible contributions to air pollution, asserting compliance with environmental standards.

More about Falco Resources

Falco Resources Ltd. operates in the mining industry, focusing on the development and exploration of mineral projects. The company is primarily involved in the extraction and processing of metals, with a significant market focus on projects like the Horne 5 Project.

YTD Price Performance: -32.79%

Average Trading Volume: 170,986

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$62.35M

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