Falco Resources Establishes New Technical and Strategic Committees
Falco Resources Ltd. (TSX.V: FPC) is excited to announce the formation of Technical and Strategic Committees, as required by the Operating Licence and Indemnity Agreement finalized with Glencore Canada Corporation.
Committees' Purpose
The creation of these committees underscores the importance of collaboration for the successful development and operation of the Horne 5 Project. Effective coordination and communication between Falco and Glencore are crucial to maintaining operational safety and integrity.
Focus of the Technical Committee
The Technical Committee will monitor various operational parameters that are essential to the Horne 5 Project. Its goal is to prevent any interference with the Horne Smelter while implementing strategies to reduce risks associated with its operations.
Key responsibilities of the Technical Committee include:
- Evaluating ongoing operational parameters
- Implementing necessary mitigation measures
- Conducting additional monitoring and studies
- Addressing potential risks stemming from Falco’s operations
This committee will consist of four members, ensuring a diverse range 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
Objectives of the Strategic Committee
The Strategic Committee is tasked with addressing strategic issues that influence the project's developmental phases. Discussions will focus on identifying synergies and engaging stakeholders.
This committee will include 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
Committee Members' Expertise
All committee members bring substantial experience in relevant fields such as environmental management, construction, development, and production. Their collaborative efforts over the years have established a solid foundation for this initiative.
Future Goals
Luc Lessard, President and CEO of Falco, expressed his enthusiasm for the establishment of the committees, emphasizing their vital role in preparing for the next phase of the Horne 5 project. Collaboration with Glencore’s team is essential for the project's advancement.
As part of ongoing efforts, public hearings will soon begin concerning the Horne 5 Project. These sessions aim to promote transparency and effectively engage the community.
About Falco Resources Ltd.
Falco Resources Ltd. is recognized for its extensive mineral claims in the Québec region, particularly within the Abitibi Greenstone Belt. The company holds approximately 67,000 hectares in the Noranda Mining Camp, representing a significant portion of the area. The Falco Horne 5 Project is situated beneath the historic Horne mine, which has a legacy of producing millions of ounces of gold and considerable amounts of copper, underscoring Falco’s important role in the mining industry.
Contact Information
For more information, please contact:
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 are intended to enhance collaboration between Falco and Glencore, ensuring the successful development and operation of the Horne 5 Project.
Who are the members of the Technical Committee?
The Technical Committee is made up 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 discussing operational strategies, engaging stakeholders, and identifying synergies for the project.
How significant is the Horne 5 Project to Falco?
The Horne 5 Project is crucial for Falco, as it is located beneath a historically productive mine and constitutes a major part of the company's assets.
What impact will the public hearings have on the project?
The public hearings are designed to improve transparency and provide a platform for community engagement regarding the progress of the Horne 5 Project.
