Falco Resources Horne 5 Feasibility Study Shows C$3.35B NPV at US$3,600 Gold
Falco Resources released an updated feasibility study for its Horne 5 gold project in Quebec, showing a base-case after-tax NPV5% of C$3.35 billion and IRR of 28.2% at a gold price of US$3,600 per ounce.

Falco Resources announced an updated feasibility study for its Horne 5 gold project in Rouyn-Noranda, Quebec, reporting a base-case after-tax net present value (NPV5%) of C$3.35 billion and an internal rate of return (IRR) of 28.2%.
The study, prepared in accordance with NI 43-101 standards, assumes a gold price of US$3,600 per ounce and shows an unlevered after-tax cash flow of C$6.4 billion over the mine life. This represents a 244% increase in NPV compared to the 2021 feasibility study, driven by higher gold prices and optimized project economics. The Horne 5 project is 100% owned by Falco Resources and is located in a prolific mining region in Quebec.
For gold and precious metals traders, the robust economics of Horne 5 highlight the strong incentive for new mine development at current elevated gold prices. Higher gold prices directly improve project viability and can signal sustained producer profitability, which may support gold's price floor. Traders can track real-time gold price movements on NowPrice's live dashboard to gauge market sentiment around supply-side developments.
Investors will watch for next steps, including permitting, financing, and construction timelines. The project's high IRR and NPV suggest it could attract significant interest from institutional investors and strategic partners. Further updates on feasibility milestones and gold price trends will be key catalysts for Falco Resources' stock and the broader gold mining sector.