Falco Resources ( (TSE:FPC) ) has issued an update.
Falco Resources Ltd. has received further comments and questions from the Ministry of the Environment regarding its Horne 5 Project, particularly concerning air quality standards in Rouyn-Noranda. The Ministry’s letter highlights that the project’s atmospheric dispersion modeling does not conform to section 197 of the Clean Air Regulations, as it suggests an increase in contaminant concentration. Despite this, Falco argues that their modeling, conducted by experts, shows negligible contributions to air pollution, asserting compliance with regulatory standards.
More about Falco Resources
Falco Resources Ltd. operates in the mining industry, focusing on the development of mineral resources. The company is primarily engaged in the exploration and development of its Horne 5 Project, which is a significant mining initiative in Rouyn-Noranda, Canada.
YTD Price Performance: -32.79%
Average Trading Volume: 170,986
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$62.35M
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