Asset Report

Horne 5 gold mine project

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The Horne 5 deposit is located beneath the working Horne copper smelter. Glencore owns the mineral rights on the first 200m beneath the surface while Falco owns all the mineral rights from 200m downwards. Falco completed a feasibility report on the project in 2017. A 15-year operation is expected to start in 2022 after an initial pre-production investment of C$1027million. The Horne 5 deposit will be mined by transverse longhole stoping with the ore treated in a 15kt/d capacity plant. Final product will be zinc and copper concentrates and a gold-silver dore.

Table of contents

  • Summary
  • Key Issues
  • Mining
  • Process

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