Foran Mining is pleased to announce additional results from the 2025 drill program at Tesla and the Bridge Zone where approximately 28,500 metres of drilling was completed in 32 drill holes and wedges, mostly focused on infill and increased definition of the mineralized lenses of the Tesla Zone. The Telsa and Bridge zones are part of the Company's 100%-owned McIlvenna Bay Project. The results from ten drill holes and [...]
Full Site Return Expected by June 13th for Safe, Efficient Construction Ramp-Up Foran Mining Corp. is pleased to announce that, following consultation with the Saskatchewan Public Safety Agency and internal subject matter experts, it has been determined that the McIlvenna Bay Project site is no longer under threat from regional wildfires. As a result, Foran has begun a staged and controlled repatriation of personnel to [...]
Wildfire Conditions Improving Near Project Site No Damage Reported to McIlvenna Bay Infrastructure All Onsite Staff Safe and Accounted For Foran Mining Corp. is pleased to provide an update regarding the regional wildfires near its McIlvenna Bay Project . Following the safe and orderly evacuation of approximately 540 non-essential personnel on May 22, 2025, a team of 44 employees and specialized wildfire contractors [...]
Second Tranche for Gross Proceeds of $54M Expected to Close Following Special Shareholders Meeting All amounts are in Canadian dollars unless stated otherwise Foran Mining Corp. is pleased to announce that it has completed the first tranche of its previously announced $350 million private placement financing , for aggregate gross proceeds of approximately $296 million . The First Tranche Offering involved the issuance of [...]
Foran Mining Corp. announces that it has responded to a regional wildfire evacuation order that includes its McIlvenna Bay Project site . All non-essential personnel and contractors are being demobilized from site as a precautionary measure, with completion anticipated by the end of today. The evacuation has been undertaken out of an abundance of caution and in close coordination with local emergency services and fire [...]
Foran Mining is pleased to announce pricing of the previously announced non-brokered private placement of common shares of the Company for gross proceeds of $350 million. The Private Placement will consist of the issuance of 116,666,667 Common Shares at a price of $3.00 per Common Share for gross proceeds of $350 million. The Private Placement will consist of a subscription for approximately $156 million from Canada [...]
Foran Mining is pleased to announce a proposed non-brokered private placement of common shares of the Company for gross proceeds of $350 million. The Company is also providing a capital cost update for development of Phase 1 production at its 100%-owned McIlvenna Bay Project. Dan Myerson, Executive Chairman & CEO of Foran, commented: "Advancing a scalable project like McIlvenna Bay takes tenacity, adaptability, and a [...]
Foran Mining is pleased to announce the voting results from the Company's annual general meeting of shareholders of the Company held on May 8th, 2025. A total of 197,931,933 common shares of the Company were represented at the Meeting, representing 50.3% of the Company's outstanding common shares as at the record date of March 24, 2025. Shareholders voted in favour of all matters brought before them at the Meeting, which [...]
Foran Mining is pleased to announce additional results from the Winter 2025 drill program which consisted of approximately 32,435m of drilling focused on the Tesla and Bridge Zones and several regional targets in close proximity to the McIlvenna Bay Deposit. These target areas are all part of the Company's 100%-owned McIlvenna Bay Project in east-central Saskatchewan. The 2025 drill holes targeted a series of larger gaps [...]
Foran Mining is pleased to provide a construction update on its 100% owned McIlvenna Bay project. As of the quarter ending March 31, 2025, the project continues to advance steadily, with significant progress made across key areas of development. All updates are dated as of March 31, 2025 unless otherwise stated. The third video in our construction video series is now available here with a focus on our ongoing regional [...]
Foran Mining has filed its annual financial results for the year ended Dec 31, 2024. The Company's consolidated financial statements, management's discussion and analysis and annual information form for the year ended Dec 31, 2024 are available on SEDAR+ under the Company's profile and on the Company's website. About Foran Mining Foran Mining is a copper-zinc-gold-silver exploration and development company, committed to [...]
Foran Mining is pleased to announce additional results from the ongoing 2025 winter drill program at the Company's 100%-owned McIlvenna Bay Project in east-central Saskatchewan. Click Here to Watch Erin Carswell, Foran's VP Exploration, discuss the Company's latest exploration results. The first infill drill hole of the winter drill program at Tesla has returned robust intervals from the central part of the Tesla Zone [...]