Falco Resources Forms New Technical and Strategic Committees
Falco Resources Forms New Technical and Strategic Committees
Falco Resources Ltd. (TSX.V: FPC) is pleased to announce the creation of Technical and Strategic Committees, as mandated by the Operating Licence and Indemnity Agreement concluded with Glencore Canada Corporation.
Purpose of the Committees
The formation of these committees highlights the collaboration necessary for the successful development and operation of the Horne 5 Project. Coordination and effective communication between Falco and Glencore are essential to ensure operational safety and integrity.
Technical Committee Focus
The Technical Committee will oversee various operational parameters vital to the Horne 5 Project. It aims to avoid interference with the Horne Smelter and will implement strategies to minimize risks associated with the smelter's operations.
Key responsibilities of the Technical Committee include:
- Assessing ongoing operational parameters
- Implementing mitigation measures as necessary
- Conducting further monitoring and studies
- Addressing potential risks from Falco’s operations
This committee will comprise four members, ensuring a diverse set of expertise:
- Mr. Wouter Vanaarde, Engineering Manager - Glencore
- Ms. Marie-Élise Viger, Environmental Manager - Glencore
- Mr. Luc Lessard, President and CEO - Falco
- Ms. Hélène Cartier, Vice President, Environment, Sustainable Development and Community Relations – Falco
Strategic Committee Objectives
The Strategic Committee is designed for discussions around strategic issues that impact the project’s developmental stages. Topics will include synergy identification and stakeholder engagement.
This committee is to consist of three members:
- Mr. Danny Tremblay, Manager for Commercial & Recycling Sites Operations - Glencore
- Mr. Luc Lessard, President and CEO - Falco
- Ms. Hélène Cartier, Vice President, Environment, Sustainable Development and Community Relations - Falco
Expertise of Committee Members
All members of the committees possess significant experience in relevant fields such as environment, construction, development, and production. Their collaborative efforts over the years have laid a solid foundation for this initiative.
Goals for the Future
Luc Lessard, President and CEO of Falco, expressed enthusiasm about the committees' creation, noting their essential role in preparing for the Horne 5 project’s next phase. The engagement of Glencore’s team is vital for the project’s development.
As part of ongoing efforts, public hearings will commence regarding the Horne 5 Project. These sessions aim to provide transparency and engage the community effectively.
About Falco Resources Ltd.
Falco Resources Ltd. is known for its extensive mineral claims in the Québec region, especially within the Abitibi Greenstone Belt. The company holds around 67,000 hectares in the Noranda Mining Camp, accounting for a significant portion of the area. The Falco Horne 5 Project is located under the historical Horne mine, which has a legacy of producing millions of ounces of gold and significant quantities of copper, establishing Falco’s vital role in the mining sector.
Contact Information
For further details, reach out to:
Luc Lessard
President and Chief Executive Officer
514 261-3336
info@falcores.com
Frequently Asked Questions
What is the purpose of the newly formed committees at Falco?
The committees aim to facilitate collaboration between Falco and Glencore for the successful development and operation of the Horne 5 Project.
Who are the members of the Technical Committee?
The Technical Committee consists of experts from both Glencore and Falco, including engineering and environmental managers.
What are the main responsibilities of the Strategic Committee?
The Strategic Committee focuses on discussions regarding operational strategies, stakeholder engagement, and identifying synergies for the project.
How significant is the Horne 5 Project to Falco?
The Horne 5 Project is critical for Falco, as it is positioned under a historically productive mine and represents a substantial portion of the company's assets.
What impact will the public hearings have on the project?
Public hearings are intended to enhance transparency and provide a platform for community engagement regarding the Horne 5 Project's progress.
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