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Strong Public Support for Falco’s Horne 5 Project

Story Highlights
  • Falco Resources holds significant mineral claims in Quebec, focusing on the Horne 5 Project.
  • The Horne 5 Project has strong local support, promising economic growth and job creation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Strong Public Support for Falco’s Horne 5 Project

Falco Resources ( (TSE:FPC) ) has provided an announcement.

Falco Resources announced the results of an independent survey showing strong public support for its Horne 5 underground mine project in Rouyn-Noranda and Abitibi-Témiscamingue. The survey revealed that approximately 74% of the local population supports the project, recognizing its potential for economic growth and job creation. Despite environmental concerns, a majority trust Falco to implement the project responsibly. The company continues to engage with the Québec government to gain project compliance recognition, highlighting the project’s significant economic contributions and its role in the energy transition.

More about Falco Resources

Falco Resources is a major mineral claim holder in Quebec, with a vast portfolio in the Abitibi Greenstone Belt. It controls about 67,000 hectares of land in the Noranda Mining Camp, which includes 13 former mining sites. The company’s primary asset is the Horne 5 Project, located beneath the former Horne mine, known for its historical gold and copper production.

YTD Price Performance: -41.67%

Average Trading Volume: 194,105

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$54.74M

For detailed information about FPC stock, go to TipRanks’ Stock Analysis page.

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