• Data Access
  • Your Email  
  • Your Email  
Keep me signed in.
Forgot your password?
Close
  • Forgot Your Password?
  • Enter the email you signed up with and we'll email it to you.
  • Your Email  
Close
Back
MDO
Mining Data Solutions
  • Home
  • Database
  • Subscribe
  • Sign In
  • Sign In
Canada
Horne 5 Project

This page is not tailored to
devices with screen width under 750 px.
 Location:
1 Km NE from Rouyn-Noranda, Quebec, Canada

  Project Contacts:
161, Avenue Murdoch
Rouyn-Noranda
Quebec, Canada
J9X 1E3
Phone  ...  Subscription required
EmailEmail
WebsiteWeb
Additional Resources for Suppliers & Investors
Drill results over 30 g/t Au
Stay on top of recent discoveries.
Search drill results by commodity and grade.
Largest mines in the Americas
Mining and mill throughput capaciites.
Full profiles of select mines and projects.
Deepest underground mines
Shaft depth and mill throughput data.
Full profiles of select mines and projects.
Heavy mobile equipment
HME type, model, size and quantity.
Full profiles of select mines and projects.
Permitting and construction projects
Projects at the permitting or construction stage. Full profiles of select projects.
Mines with remote camps
Camp size, mine location and contacts.
Full profiles of select mines and projects.
Mines & projects in Canada
A list of country's mines and projects.
Full profiles of select mines and projects.
  • Overview
  • Owners
  • Geology
  • Mining
  • Processing
  • Production
  • Reserves
  • Costs & Financials
  • Fleet
  • Personnel
  • Filings & News

Thank you for browsing through mine profiles compiled by the Mining Data Online team.

Would you like to subcribe or schedule a Demo?
  • Name:
     
  • Company:
     
  • Position:
     
  • Phone:
  • Email:
  • Message:

Overview

StagePermitting
Mine TypeUnderground
Commodities
  • Gold
  • Silver
  • Copper
  • Zinc
Mining Method
  • Longhole stoping
  • Transverse stoping
  • Longitudinal retreat
  • Paste backfill
Mine Life15 years (as of Jan 1, 2021)
Following completion of the relevant field work and studies, Falco has filed the documentation responding to questions raised by the Ministère de l'Environnement et de la Lutte contre les changements climatiques in light of the acceptability analysis of the Corporation’s Environmental impact assessment study


Owners

Source: p. 72,135
CompanyInterestOwnership
Falco Resources Ltd. 100 % Direct
Falco owns rights to the minerals located below 200 metres from the surface of Concession 156PTB, where the Horne 5 deposit is located. Falco also owns certain surface rights surrounding the Quemont No. 2 shaft located on Concession 243. Under the agreement, ownership of the Concession 156PTB and Concession 243 remains with the Third Party.

Contractors

Subscription required - Subscription is required.


Deposit Type

  • VMS


Summary:

VMS deposits are also known as volcanic associated, volcanic-hosted, and volcano sedimentaryhosted massive sulphide deposits. They typically occur as lenses of polymetallic massive sulphide that form at or near the seafloor in submarine volcanic environments, and are classified according to base metal content, gold content, or host-rock lithology.

The Horne deposit is the largest Canadian Au rich VMS deposits in the Noranda district (331 tonnes of Au produced historically from 54.3 Mt of ore at 6.1 g/t Au; Kerr and Gibson, 1993).

The typical morphology of Au-rich VMS deposits consists of a lenticular massive sulphide body with associated underlying discordant stockwork-stringer feeders and replacement zones. At Horne, zones of auriferous sulphide veinlets with Fe-chlorite selvages account for some of the Aurich mineralization (Kerr and Mason, 1990), however, the deposit lacks a well-defined stringer zone (Poulsen et al., 2000).

The vertical extent of the stockwork is typically larger than its lateral extent. The lateral extent of the deposit is typically a few hundred metres, but in some cases where the deposits are overturned, the mineralization has more than 2 km of known vertical extent (Horne and LaRonde Penna deposits). The thickness of the massive sulphide lenses is highly variable, especially when subjected to deformation (shortening), but is commonly on the order of a few tens of metres.

Mineralization is typically hosted b ........


Mining Methods

  • Longhole stoping
  • Transverse stoping
  • Longitudinal retreat
  • Paste backfill


Summary:

The main mining methods selected for Horne 5 Project are transverse long hole stoping with primary and secondary sequence. This selection is based on the geometry of the mineralized zones, their vertical dip and the competency of the rockmass to allow high production rate. Some sectors are also mined using longitudinal long hole retreat and pillarless sequences.

This mining method involves accessing stopes using two transverse draw points: one above the stope for drilling and loading of bulk explosives, and one below for extracting blasted material. The empty stope is then backfilled to allow mining of the adjacent stopes. Stopes will be mined according to a primary/secondary sequence, thus increasing flexibility and productivity while ensuring rock stability. For levels L1310 to L1030, the thickness of the ore zones (approximately 100 m) permits the haulage drifts to be excavated inside the ore zone thus reducing waste and initial capital cost, and accelerate the mining schedule. So, a longitudinal retreat mining sequence will be used for the last stope of each draw point on these levels.

Stope dimensions will vary with depth to reduce the potential dilution and the risk of seismicity.

The transverse long hole mining method allows for a high degree of mechanization and automation and is amenable to tele-operation. Production technicians will be able to operate LHDs from a control room at surface, resulting in higher equipment usage rates, be ........


Crushing and Grinding
Source: Subscription required

- subscription is required.


Processing

Flow Sheet: Subscription required

Summary:

- subscription is required.


Projected Production:

CommodityProductUnitsAvg. AnnualLOM
Gold Payable metal koz 2203,304
Gold Metal in conc./ doré koz 2273,401
Silver Payable metal koz  ......  Subscription required
Silver Metal in conc./ doré koz  ......  Subscription required
Copper Payable metal M lbs  ......  Subscription required
Copper Metal in concentrate M lbs  ......  Subscription required
Zinc Payable metal M lbs  ......  Subscription required
Zinc Metal in concentrate M lbs  ......  Subscription required
Gold Equivalent Payable metal oz  ......  Subscription required

Operational Metrics:

Metrics
Daily milling capacity  ......  Subscription required
Daily ore mining rate  ......  Subscription required
Ore tonnes mined, LOM  ......  Subscription required
Tonnes milled, LOM  ......  Subscription required
* According to 2021 study.
Subscription required - Subscription is required.

Reserves at February 24, 2021:
The resources NSR cut-off grade of CAD55/t is based on mining costs of CAD12.39/t, milling costs of CAD20.63/t and G&A of CAD21.98/t.

CategoryTonnage CommodityGradeContained Metal
Proven 8.4 Mt Gold 1.41 g/t 384 koz
Proven 8.4 Mt Silver 15.75 g/t 4,272 koz
Proven 8.4 Mt Copper 0.17 % 31.4 M lbs
Proven 8.4 Mt Zinc 0.75 % 139.6 M lbs
Proven 8.4 Mt Gold Equivalent 2.34 g/t 636 koz
Probable 72.5 Mt Gold 1.44 g/t 3,359 koz
Probable 72.5 Mt Silver 13.98 g/t 32,557 koz
Probable 72.5 Mt Copper 0.17 % 270.9 M lbs
Probable 72.5 Mt Zinc 0.78 % 1,242 M lbs
Probable 72.5 Mt Gold Equivalent 2.36 g/t 5,503 koz
Proven & Probable 80.9 Mt Gold 1.44 g/t 3,740 koz
Proven & Probable 80.9 Mt Silver 14.17 g/t 36,829 koz
Proven & Probable 80.9 Mt Copper 0.17 % 302.3 M lbs
Proven & Probable 80.9 Mt Zinc 0.78 % 1,382 M lbs
Proven & Probable 80.9 Mt Gold Equivalent 2.36 g/t 6,139 koz
Measured 10.839 Mt Gold 1.45 g/t 0.504 M oz
Measured 10.839 Mt Silver 15.7 g/t 5.47 M oz
Measured 10.839 Mt Copper 0.17 % 40.123 M lbs
Measured 10.839 Mt Zinc 0.74 % 177.753 M lbs
Measured 10.839 Mt Gold Equivalent 2.26 g/t 0.786 M oz
Indicated 94.767 Mt Gold 1.44 g/t 4.382 M oz
Indicated 94.767 Mt Silver 14.16 g/t 43.155 M oz
Indicated 94.767 Mt Copper 0.17 % 348.704 M lbs
Indicated 94.767 Mt Zinc 0.8 % 1,672 M lbs
Indicated 94.767 Mt Gold Equivalent 2.25 g/t 6.854 M oz
Measured & Indicated 105.606 Mt Gold 1.44 g/t 4.886 M oz
Measured & Indicated 105.606 Mt Silver 14.32 g/t 48.625 M oz
Measured & Indicated 105.606 Mt Copper 0.17 % 389.827 M lbs
Measured & Indicated 105.606 Mt Zinc 0.79 % 1,850 M lbs
Measured & Indicated 105.606 Mt Gold Equivalent 2.25 g/t 7.64 M oz
Inferred 24.311 Mt Gold 1.35 g/t 1.058 M oz
Inferred 24.311 Mt Silver 21.4 g/t 16.73 M oz
Inferred 24.311 Mt Copper 0.19 % 103.666 M lbs
Inferred 24.311 Mt Zinc 0.67 % 357.931 M lbs
Inferred 24.311 Mt Gold Equivalent 2.22 g/t 1.74 M oz

Commodity Production Costs:

CommodityUnitsAverage
Credits (by-product) Gold USD  ......  Subscription required&nbs
Cash costs Gold USD  ......  Subscription required *†
All-in sustaining costs (AISC) Gold USD  ......  Subscription required *†
All-in costs Gold USD  ......  Subscription required *†
Assumed price Zinc USD  ......  Subscription required&nbs
Assumed price Copper USD  ......  Subscription required&nbs
Assumed price Silver USD  ......  Subscription required&nbs
Assumed price Gold USD  ......  Subscription required&nbs
* According to 2021 study / presentation.
† Net of By-Product.
Subscription required - Subscription is required.

Operating Costs:

Units2021
UG mining costs ($/t milled) CAD 12.3 *
Processing costs ($/t milled) CAD  ......  Subscription required
G&A ($/t milled) CAD  ......  Subscription required
Total operating costs ($/t milled) CAD  ......  Subscription required
* According to 2021 study.
Subscription required - Subscription is required.

2021 Study Costs and Valuation Metrics :

MetricsUnitsLOM Total
Pre-Production capital costs $M CAD  ......  Subscription required
Sustaining CapEx $M CAD  ......  Subscription required
Closure costs $M CAD  ......  Subscription required
Total CapEx $M CAD  ......  Subscription required
UG OpEx $M CAD  ......  Subscription required
Processing OpEx $M CAD 1,777
G&A costs $M CAD 236.5
Total OpEx $M CAD  ......  Subscription required
Mining Taxes $M CAD  ......  Subscription required
Total Taxes $M CAD  ......  Subscription required
Royalty payments $M CAD  ......  Subscription required
Gross revenue (LOM) $M CAD  ......  Subscription required
Pre-tax Cash Flow (LOM) $M CAD  ......  Subscription required
After-tax Cash Flow (LOM) $M CAD  ......  Subscription required
Pre-tax NPV @ 5% $M CAD  ......  Subscription required
After-tax NPV @ 5% $M CAD  ......  Subscription required
Pre-tax IRR, %  ......  Subscription required
After-tax IRR, %  ......  Subscription required
Pre-tax payback period, years  ......  Subscription required
After-tax payback period, years  ......  Subscription required
Subscription required - Subscription is required.

Pipelines
TypeMaterialDiameterLengthDescription


Proposed Heavy Mobile Equipment as of March 18, 2021:
HME TypeModelSizeQuantityLeased or
Contractor
ANFO Loader ....................... Subscription required
....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required Leased
Subscription required - Subscription is required.

Mine Management:

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Nov 4, 2022
....................... Subscription required ....................... Subscription required Subscription required Mar 18, 2021
....................... Subscription required ....................... Subscription required Subscription required Mar 18, 2021
....................... Subscription required ....................... Subscription required Subscription required Mar 18, 2021
....................... Subscription required ....................... Subscription required Subscription required Nov 4, 2022
Subscription required - Subscription is required.

Staff:

Total WorkforceYear
Subscription required 2021

Corporate Filings & Presentations:

DocumentYear
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2019
................................... Subscription required 2019
Corporate Presentation 2017
Feasibility Study Report 2017
Press Release 2017
Preliminary Economic Assessment 2016
Subscription required - Subscription is required.

Subscription required - Subscription is required.

Terms of Use Privacy Policy © 2017-2023 MDO Data Online Inc.