Foran Mining Corp. is pleased to announce that it has executed definitive subscription agreements pursuant to which certain entities controlled by Fairfax Financial Holdings Limited will complete the strategic C$100 million investment in the Company , as announced on May 25, 2021, in an effort to create a global carbon neutral mining company and advance McIlvenna Bay as Canada's first carbon neutral copper mine. The [...]
Foran Mining Corp. is pleased to announce the appointment of James Steels, CPA, CFA as Chief Financial Officer, effective immediately. Mr. Steels is a corporate finance and capital markets professional in the metals and mining sector and specializes in valuations, risk management, financings, strategic initiatives, transaction structuring and equity investments. Mr. Steels was most recently a Metals & Mining Specialist in [...]
Foran Mining Corp. is pleased to announce the discovery of six new high priority targets on its extensive land package at its McIlvenna Bay Project and plans to commence exploration drilling on these targets in July 2021. The regional program will be focused on realizing the camp-scale potential of its flagship, 100% owned McIlvenna Bay Deposit in Saskatchewan, Canada, and is in addition to the ongoing infill and step-out [...]
Hole Encountered 40m of Mineralization Over 45m; Including 29m of Continuous Mineralization Grading 2.05% CuEq Expansion to Drilling Campaign Following C$100M Fairfax Financing Planned Foran Mining Corp. is pleased to announce that its latest infill drill hole has delivered one of the widest intercepts of continuous high grade copper mineralization to date during its ongoing 30,000m drill program and continues to define a [...]
Investment will provide foundation for a sustainable company within the new era for mining and a global move towards green electrification Foran Mining Corp. is pleased to announce that it has entered into a letter agreement pursuant to which Fairfax Financial Holdings Limited, through certain of its subsidiaries , will make a strategic CAD$100 million investment in the Company in exchange for the issuance by the Company [...]
Foran Mining Corp. is delighted to announce that its 100% owned McIlvenna Bay project is now the world's first carbon neutral copper development project following the completion of carbon offset purchases to offset emissions from exploration activities undertaken at the Deposit over the past 10 years. A copy of the Company's GHG Inventory Report can be found on our website. The total emissions for exploration over 10 [...]
Infill drilling confirms and supports resource and mine life expansion potential First step out hole delivers 7% copper intercept and near-surface updip extension Foran adds an additional drill rig to follow up positive results to date Foran Mining Corp. is pleased to announce that its 30,000m winter drill program at its 100% owned McIlvenna Bay deposit continues to deliver stellar results. The latest five holes, which [...]
Foran Mining Corp. , is delighted to announce that its 100% owned McIlvenna Bay deposit will become the world's first carbon neutral copper development project. The Company has partnered with leading carbon measurement firm and sustainability advisory firms, Carbonzero and Synergy Enterprises, to accurately record its emissions and purchase verified offsets for the carbon emitted from all exploration activities over the [...]
Foran Mining Corp. announces that in accordance with its Long-Term Performance Incentive Plan and the policies of the TSX Venture Exchange, the Company has granted a total of 1,725,000 incentive stock options to Directors, Officers, employees and consultants of the Company. Each stock option is exercisable into one common share of Foran at an exercise price of $1.05 per share, subject to certain vesting requirements. The [...]
Foran Mining Corp. is pleased to announce that its common shares are now trading on the OTCQX under the ticker symbol "FMCXF". Foran will continue to trade on the TSX Venture Exchange in Canada as its primary listing under the symbol "FOM". Dan Myerson, Executive Chair of Foran, commented: "We are delighted to commence trading on OTCQX. Investors in the USA now have the ability to directly participate in the evolution of [...]
Drilling continues to define a high-grade copper and gold trend More grade, more length, more width… more value accretion! Foran Mining Corp. ,) continues to deliver high grade copper and gold results over significant widths. Five holes have now been completed and today's results from an additional two holes drilled as part of the current drilling campaign, which is designed to expand the Indicated resources in the [...]
Foran Mining Corp. , is pleased to announce that it has bolstered the design team for its ongoing definitive feasibility study at its 100% owned McIlvenna Bay deposit , in Saskatchewan, Canada - one of the world's premier mining jurisdictions. The appointments, outlined in further detail below, will provide the Company with technical expertise from some of the world's leading environmental and engineering specialists to [...]
+65,00 %
-38,46 %
