Horne 5 Feasibility Study: C$3.35B NPV, 28.2% IRR
Falco Resources Ltd.'s Horne 5 in Canada, Quebec (Rouyn-Noranda) has a Feasibility Study outlining an after-tax NPV of C$3.35B, an after-tax IRR of 28.2%, and initial capital of C$1.75B. The mine plan runs 15 years at about 220300 oz Au payable per year.
Falco Resources Ltd.'s Horne 5 has reported Feasibility Study results for the gold project in Canada, Quebec (Rouyn-Noranda). The study headlines an after-tax net present value of C$3.35B at a 5% discount rate. It reflects Falco Resources Ltd.'s (FPC.V) latest disclosed economics for the asset.
Economics. The after-tax NPV is C$3.35B using a 5% discount rate. After-tax IRR is 28.2%. Initial capital expenditure is estimated at C$1.75B. The study models a payback period of 3.3 years. All-in sustaining costs are pegged at 782 USD/oz. Economics are based on Gold $3,600/oz, Silver $50.00/oz, Copper $4.80/lb, Zinc $1.35/lb, FX 1.34 CAD/USD (base case).
Production and mine plan. The project envisions an underground operation. Life of mine is 15 years. Average annual production is approximately 220300 oz Au payable.
Resources and ownership. Mineral reserves: P&P: 80.9 Mt at 1.44 g/t Au, 14.1 g/t Ag, 0.17% Cu, 0.77% Zn. Mineral resources: M&I: 122.452 Mt at 1.81 g/t Au Eq; Inferred: 30.071 Mt at 1.74 g/t Au Eq.
These figures are extracted from Falco Resources Ltd.'s technical disclosures and reflect the most recent Feasibility Study on file. Compare this project against other developers and producers in our project economics database, and always verify the numbers against the original technical report before making any investment decision.