Mr. Luc Lessard reports

FALCO FILES UPDATED FEASIBILITY STUDY FOR ITS HORNE 5 PROJECT

Falco Resources Ltd. has filed an updated feasibility study report prepared in accordance with National Instrument 43-101 respecting standards of disclosure for mineral projects for the corporation's Horne 5 gold project located in Rouyn-Noranda, Que., Canada. The report has an effective date of June 11, 2026, and its highlights were previously announced in the corporation's June 17, 2026, news release. The report is available under Falco's profile on SEDAR+.

About Falco Resources Ltd.

Falco is one of the largest mineral claim holders in the province of Quebec, with an extensive portfolio of properties in the Abitibi-Temiscamingue greenstone belt. Falco holds rights to approximately 60,000 hectares of land in the Noranda camp and includes 13 former gold and base metal mine sites. Falco's main asset is the Horne 5 project located beneath the former Horne mine, which was operated by Noranda from 1927 to 1976 and produced 11.6 million ounces of gold and 2.5 billion pounds of copper. Osisko Gold Group Inc. (formerly Osisko Development Corp.) is Falco's largest shareholder, with a 16.0-per-cent interest in the corporation.