VANCOUVER, British Columbia, May 07, 2018 -- Foran Mining Corporation announces results of two additional drill holes from its resource definition and expansion drill program at its 100% owned McIlvenna Bay zinc-copper deposit in Saskatchewan. McIlvenna Bay is the largest undeveloped Volcanogenic Massive Sulphide deposit along the 225 kilometre Flin Flon Greenstone Belt. This world class metallogenic belt is host to 29 [...]
Exceptional thicknesses and base metal grades also encountered at McIlvenna Bay McIlvenna Bay Feasibility Drill Plan McIlvenna Bay Long Section VANCOUVER, British Columbia, April 25, 2018 -- Foran Mining Corporation announces results of four additional drill holes from its resource definition and expansion drill program at its 100% owned McIlvenna Bay zinc-copper deposit in Saskatchewan. McIlvenna Bay is the largest [...]
VANCOUVER, British Columbia, April 20, 2018 -- Foran Mining Corporation is pleased to announce results of an additional five holes from its resource definition and expansion drill program at its 100% owned McIlvenna Bay zinc-copper property in Saskatchewan. McIlvenna Bay is the largest undeveloped Volcanogenic Massive Sulphide deposit along the 225 kilometre Flin Flon greenstone belt. McIlvenna Bay Feasibility Drill Plan [...]
VANCOUVER, British Columbia, April 12, 2018 -- Foran Mining Corporation has extended and increased the Phase I resource definition and infill drilling program at its 100% owned McIlvenna Bay zinc-copper property in Saskatchewan. McIlvenna Bay Deposit Drill Plan Patrick Soares, President & CEO of Foran noted, “Winter weather is holding at the project site, enabling our technical team to extend the drill program. This [...]
VANCOUVER, British Columbia, March 16, 2018 -- Foran Mining Corporation today announced its financial results for the year ended December 31, 2017. The Company recorded a net loss of $939,939 or $0.01 per share . This compares to a net loss of $1.0 million or $0.01 per share for the year ended December 31, 2016. As at December 31, 2017, the Company had a total of $5.3 million in cash and cash equivalents . Working capital [...]
VANCOUVER, British Columbia, March 02, 2018 -- Foran Mining Corporation is pleased to report additional high-grade zinc intervals from the Phase I resource definition and infill drilling program at its 100% owned McIlvenna Bay zinc-copper property in Saskatchewan. Drilling has also confirmed the presence of high-grade zinc and elevated precious metals grades in the Hanging Wall lens, 200 metres above the currently defined [...]
VANCOUVER, British Columbia, Feb. 20, 2018 -- Foran Mining Corporation is pleased to announce the results for the first two holes from the Phase I resource definition and infill drilling program at its 100% owned McIlvenna Bay Project. Highlights Both holes yielded high grade zinc-rich massive sulphide intersections over significant widths, including: 14.35% Zn, 21.12 g/t Ag, 0.08% Cu and 0.12 g/t Au over 4.48m in [...]
VANCOUVER, British Columbia, Feb. 08, 2018 -- Foran Mining Corporation provides an update on its activities at the McIlvenna Bay zinc-copper property in Saskatchewan. McIlvenna Bay, located within the Hanson Lake District, is part of a world class VMS belt that extends from Snow Lake, Manitoba, through Flin Flon to Foran’s ground in Saskatchewan, a distance of over 200 kilometres. The McIlvenna Bay deposit is the [...]
VANCOUVER, British Columbia, Jan. 31, 2018 -- Foran Mining Corporation today announced that in addition to the 100,000 stock options exercised by the Company’s Executive Chairman announced on January 30, 2018, management and directors of the Company have exercised stock options to acquire a further 805,000 common shares of the Company at a price of $0.59 for proceeds to the Company of $474,950, bringing the total [...]
VANCOUVER, British Columbia, Jan. 30, 2018 -- Foran Mining Corporation is pleased to announce that Darren Morcombe, Foran’s Executive Chairman, has exercised stock options to acquire 100,000 common shares of the Company at a price of $0.59 per common share for total proceeds of $59,000. These options were set to expire on February 9, 2018. As a result of the exercise of the stock options, Mr. Morcombe has increased [...]
Vancouver, B.C., Jan. 25, 2018 -- Foran Mining Corporation is pleased to announce that preliminary analysis undertaken with Glencore Canada Corporation has been completed and Foran will now be moving its McIlvenna Bay Project towards a Feasibility Study. The analysis was undertaken pursuant to the previously announced Technical Services Agreement, executed between Foran and Glencore in December 2017 . Patrick Soares [...]
VANCOUVER, British Columbia, Jan. 22, 2018 -- Foran Mining Corporation has initiated its 2018 exploration and infill drilling program on the McIlvenna Bay Property in Saskatchewan. Management has planned a 10,000 metre program with a dual focus: to deepen drill hole MR-17-09 at Target A, and to conduct infill and resource definition drilling in order to upgrade the existing resource for the Company’s flagship [...]