Foran Mining Corporation is pleased to announce the final results from the 2018 summer resource definition drill program at its 100% owned McIlvenna Bay copper-zinc deposit in Saskatchewan. McIlvenna Bay Drill Plan McIlvenna Bay Long Section “The 2018 McIlvenna Bay infill drill program has been an unqualified success. Tighter drill spacing in the deeper parts of the deposit should upgrade a significant portion of [...]
Foran Mining Corporation is pleased to announce results from five additional holes from the summer resource definition drill program at its 100% owned McIlvenna Bay copper-zinc deposit in Saskatchewan. The intersections include three holes drilled along plunge in the deeper part of the Deposit along with two wedge cuts which were drilled to obtain additional material for metallurgical sampling. The holes all demonstrate [...]
Foran Mining Corporation is pleased to announce a summary of results from six additional holes from the summer resource definition drill program at its 100% owned McIlvenna Bay copper-zinc deposit in Saskatchewan. McIlvenna Bay Drill Plan McIlvenna Bay Long Section Highlights: The results from this batch of holes is highlighted by MB-18-217 which intersected 27.84 metres of contiguous mineralization from both the [...]
Foran Mining Corporation is pleased to announce a summary of results from three additional holes from the summer resource definition drill program at its 100% owned McIlvenna Bay copper-zinc deposit in Saskatchewan. McIlvenna Bay Drill Plan McIlvenna Bay Long Section Highlights: Hole MB-18-216 intersected three contiguous zones of copper-rich sulphide mineralization with a combined core length of 29.45 metres grading [...]
Foran Mining Corporation is pleased to announce results from an additional three holes of the summer resource definition 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 past and present producing mines [...]
Foran Mining Corporation is pleased to announce initial results from four holes of the ongoing summer resource definition 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 past and present producing mines [...]
Foran Mining Corporation today announced that it has granted a total of 350,000 incentive stock options to employees and consultants of the Company. Each stock option will allow the holder to purchase a common share of Foran at a price of $0.41, with an expiry of August 23, 2023, pursuant to certain vesting requirements. About Foran Mining Foran is a copper-zinc exploration and development company with projects in the [...]
VANCOUVER, British Columbia, July 26, 2018 -- Foran Mining Corporation has launched the summer program for resource definition and infill drilling on the Company’s flagship McIlvenna Bay zinc-copper deposit in Saskatchewan. Four drills and over 30 employees and contractors are now on site to complete the planned 11,000 metre program. Patrick Soares, President & CEO of Foran, stated, “2018 is a landmark year [...]
VANCOUVER, British Columbia, July 05, 2018 -- Foran Mining Corporation is pleased to announce that it has completed the second and final tranche of its non-brokered private placement . The final tranche consisted of the Company issuing 4,527,500 common shares on a flow-through basis at a price of $0.66 per FT Share for gross proceeds of $2,988,150, bringing the total of the two tranches to $9,381,642. In total, the [...]
VANCOUVER, British Columbia, June 29, 2018 -- Foran Mining Corporation is pleased to announce the closing of its first tranche in relation to its non-brokered private placement previously announced on June 11, 2018, and increased in our news release of June 21, 2018 . The First Tranche consisted of the Company issuing 1,749,000 common shares on a flow-through basis at a price of $0.66 per FT Share for gross proceeds of [...]
VANCOUVER, British Columbia, June 21, 2018 -- Foran Mining Corporation wishes to update shareholders on its activities at its 100% owned McIlvenna Bay zinc-copper deposit in eastern Saskatchewan. McIlvenna Bay is the largest known undeveloped Volcanogenic Massive Sulphide deposit along the 225 kilometre Flin Flon Greenstone Belt. This world class metallogenic belt is host to 29 past and present producing mines, including [...]
VANCOUVER, British Columbia, June 11, 2018 -- Foran Mining Corporation has negotiated a non-brokered private placement of up to 12,878,788 common shares in the capital stock of the Company comprising of 4,545,455 common shares issued on a flow through basis at a price of $0.66 per Share for aggregate gross proceeds of up to $3,000,000 and 8,333,333 common shares issued on a non-flow through basis at a price of $0.48 per [...]