Falco Resources completes feasibility study for Horne 5, C$3.35B NPV5% at US$3,600/oz gold

(All dollar amounts are expressed in Canadian Dollars ($) unless otherwise stated) MONTREAL, June 17, 2026 (GLOBE NEWSWIRE) -- Falco Resources Ltd. (FPC: TSX-V) (“ Falco ” or the “ Corporation ”) is pleased to announce the results of an updated feasibility study (the “ 2026 Feasibility Study ” or the “ 2026 FS ” ), prepared in accordance with National Instrument 43-101 Respecting Standards of Disclosure for Mineral Projects (“ NI 43-101 ”) for the Corporation’s 100%-owned Horne 5 Gold Project (the “ Horne 5 Project ” or the “ Project ”) located in Rouyn-Noranda, Québec, Canada. HIGHLIGHTS Robust returns with base case after-tax NPV 5% of $3.35 billion (increase of 244% from 2021 FS), unlevered after-tax IRR of 28.2% and after-tax payback of 3.3 years; Using spot case , after-tax NPV 5% improves to $5.1 billion (53% increase), after-tax IRR of 37.2% and payback of 2.6 years; Generates projected life-of-mine after-tax cash flow of $6.4 billion and average annual after-tax cash flow of $542.5 million Average annual gold production of 220,300 payable ounces annually over the 15-year LOM; Low average all-in sustaining costs (“ AISC ”) of US$782/oz and the Project is poised to be a 1 st quartile low-cost gold producer worldwide; $61.74 per tonne processed operating cost;         Forward capital and pre-production costs of $1.75 billion, including 10.9% contingency; LOM of 15 years with the potential for further underground development; Contributes more than $4.4 billion in taxes and mining duties over its LOM; Strong support for local employment with up to 900 direct jobs created during peak construction a