11:36 AM EST, 01/21/2026 (MT Newswires) -- Falco Resources ( FPRGF ) said Wednesday the Horne 5 project in Quebec passed through the final stages of project environmental acceptability and towards the receipt of the Quebec ministerial decree.

The company is updating its 2021 feasibility study to reflect current metal prices, updated cost assumptions, and refined development planning, a statement said.

"The Horne 5 Project is one of the most advanced undeveloped polymetallic projects in Canada, and our focus in 2026 is execution," said chief executive officer Luc Lessard. "With permitting advancing and a feasibility study update underway, we are working to position the Project for its next stage while ensuring the market fully understands its scale, quality, and value."

Falco Resources ( FPRGF ) shares were last seen up $0.015 to $0.51 on the TSX Venture Exchange.

Price: 0.51, Change: +0.02, Percent Change: +3.03