VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/27/13 -- Foran Mining Corporation (TSX VENTURE: FOM) ("Foran" or the "Company") is pleased to announce an increased mineral resource estimate (the "2013 Resource") for the Company's 100%-owned McIlvenna Bay Deposit ("McIlvenna Bay" or the "Deposit"). Highlights include:
-- An indicated resource of 13.9 million tonnes ("Mt") grading 1.96% copper equivalent ("CuEq [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/22/13 -- Foran Mining Corporation (TSX VENTURE: FOM) ("Foran" or the "Company") today announced its financial results for the three month period ended December 31, 2012. The Company recorded a net loss of $421,757 or $0.01 per share (basic and diluted). This compares to a net loss of $677,083 or $0.01 per share (basic and diluted) for the three months ended December 31 [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/19/13 -- Foran Mining Corporation (TSX VENTURE: FOM) ("Foran" or the "Company") is pleased to announce the Company has commissioned a ground-based, deep-penetrating time-domain electromagnetic ("DEEP EM") geophysical survey on its McIlvenna Bay, Hanson and Balsam properties, in proximity to Foran's 100% owned McIlvenna Bay deposit ("McIlvenna Bay" or the "Deposit").
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/07/13 -- Foran Mining Corporation (TSX VENTURE: FOM) ("Foran" or the "Company") is pleased to announce the appointment of Mr. Marian (Mike) Koziol, P.Geo., as a Technical Consultant to the Company.
Mr. Koziol is an experienced and highly successful geologist, with over 30 years in the mining and exploration industry and a number of Canadian base and precious metal [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/25/13 -- Foran Mining Corporation (TSX VENTURE: FOM) ("Foran" or the "Company") today announced financial results and a summary of highlights and key developments for the year ended September 30, 2012.
Chronological Summary of Highlights & Key Developments:
-- In October 2011, the Company completed a 1,587 line kilometre versatile time-domain electromagnetic [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/14/13 -- Foran Mining Corporation (TSX VENTURE: FOM) ("Foran" or the "Company") is pleased to announce the Company's winter 2013 drill program has commenced, with two drill rigs currently active on the McIlvenna Bay deposit ("McIlvenna Bay" or "the "Deposit").
As announced on October 1, 2012, Foran plans to drill approximately 7,000 metres ("m"), with approximately [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/21/12 -- Editors Note: There are two photos associated with this press release.
Foran Mining Corporation (TSX VENTURE: FOM) ("Foran" or the "Company") is pleased to announce that the Company has engaged Roscoe Postle Associates Inc. ("RPA") to complete an updated mineral resource estimate (the "Updated Resource") on its 100% owned McIlvenna Bay Deposit ("McIlvenna Bay [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/09/12 -- Foran Mining Corporation (TSX VENTURE: FOM) ("Foran" or the "Company") is pleased to announce that it has retained Questrade, Inc. ("Questrade") to provide market-making services in accordance with TSX Venture Exchange ("TSX.V") policies. Questrade will trade shares of the Company on the TSX.V for the purposes of maintaining an orderly market and improving the [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/01/12 -- Foran Mining Corporation (TSX VENTURE: FOM) ("Foran" or the "Company") is pleased to announce a $5M exploration and development program for the Company's 100%-owned McIlvenna Bay deposit ("McIlvenna Bay" or the "Deposit") and surrounding landholdings in east central Saskatchewan.
The budget for the program has been approved by the Company's Board of Directors [...]
Foran is pleased to announce that it has closed the previously announced brokered private placement (see Foran news release dated August 20, 2012). The private placement was over-subscribed and upon exercise of the over-allotment option, the Company raised aggregate gross proceeds of $5.04 million, which included 5,719,769 units at a price of $0.58 per Unit for gross proceeds of $3.32 million (the "Unit Offering") and [...]
Foran Mining is pleased to announce it has increased the size of its previously announced best efforts brokered private placement offering to up to 5,172,414 units at a price of $0.58 per Unit for gross proceeds of up to $3.0 million and up to 2,307,693 flow-through shares at a price of $0.65 per share for gross proceeds of up to $1.5 million. The Unit Offering and FT Offering are fully subscribed and all allocations have [...]
Foran is pleased to announce a best efforts brokered private placement offering, consisting of up to 3,793,103 units at a price of $0.58 per Unit for gross proceeds of up to $2.2 million and up to 2,000,000 flow-through shares at a unit price of $0.65 per share for gross proceeds of up to $1.3 million. Each Unit will consist of one common share and one-half of one share purchase warrant, with each whole warrant entitling [...]
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