Foran Mining Corp. is pleased to announce the appointment of Marie Inkster to its Board of Directors as an Independent Director. Ms. Inkster brings extensive mining executive experience to Foran's Board, developed over 20 years working in the mining industry. Marie Inkster, Director of Foran commented "In addition to being an exciting emerging producer of critical minerals, Foran prioritizes responsible mining, with [...]
Significant Intervals Identified in Step-Out Holes Down-Dip Tesla Zone Mineralization & Continuity Confirmed Along Strike and at Depth Electromagnetic Surveys Outline a Further Potential +50m Up-Dip and +200m Down-Dip Continuation of Mineralization Tesla Zone Continues to Remain Open in All Directions Foran Mining Corp. is pleased to report additional assay results from the ongoing 2024 exploration program at the Tesla [...]
Foran Mining Corp. today proudly announces the release of its inaugural Sustainability Report , marking a significant milestone in the Company's commitment to environmental stewardship and responsible business practices. Dan Myerson, Executive Chairman & CEO, commented: "As we navigate the growing demand for low-carbon energy solutions, with copper serving as the essential link supporting artificial intelligence [...]
Foran Mining Corp. is pleased to announce the voting results from the Company's annual and special meeting of shareholders of the Company held on May 9th, 2024 . A total of 171,528,263 common shares of the Company were represented at the Meeting, representing 56.2% of the Company's outstanding common shares as at the record date of March 25, 2024. Shareholders voted in favour of all matters brought before them at the [...]
Core Scanning Technology Transforming the Exploration and Mining Landscape Integrating Artificial Intelligence for Real-Time Insights and Predictive Modeling Foran Mining Corp. is pleased to celebrate our continued partnership with Veracio and its innovative TruScan real-time X-Ray Fluorescence drill core scanning technology . TruScan has been deployed onsite with the Foran team since 2022, when Foran partnered with [...]
Strike Extent Now Exceeds the Parameters of the Modelled Conductor Assays Pending on Intersections Outlining Shallower Mineralized Potential Tesla Zone Continues to Remain Open in All Directions Foran Mining Corp. is pleased to report initial assay results from the 2024 winter program at the Tesla and Bridge Zones, part of its 100%-owned McIlvenna Bay Project in Saskatchewan. Initial results from recent Tesla Zone [...]
200m Down-Dip Extension Significantly Expands Mineralized Footprint Highlight Intercepts Include 4.5m at 4.0% CuEq and 24.3m at 2.6% CuEq Tesla Zone Remains Open in All Directions Bridge Zone Results Strengthen the Connection Between Tesla Zone and McIlvenna Bay Largest Winter Exploration Program in Foran's History to Begin in 2024 Designed to Unlock the Growing Potential of the District Foran Mining Corp. is pleased to [...]
Dec. 12, 2023 /CNW/ - Foran Mining Corp. is pleased to announce the successful completion of its previously announced C$200 million financing which consisted of: a brokered private placement comprised of the sale of 36,594,000 common shares of the Company at an issue price of C$4.10 per Common Share, for gross proceeds of C$150,035,400; and 1,563,000 Common Shares with each such Common Share to be issued as a [...]
Foran Mining Corp. is pleased to announce that in connection with the previously announced private placement on November 27, 2023 , the Company together with BMO Capital Markets as sole bookrunner and co-lead agent together with Eight Capital and National Bank Financial as co-lead agents, on behalf of a syndicate of agents , have sized the Offering at C$200 million. The Offering will consist of 46,350,000 common shares of [...]
Foran Mining Corp. is pleased to announce that it has entered into an agreement with BMO Capital Markets as sole bookrunner and co-lead agent together with Eight Capital and National Bank Financial as co-lead agents, on behalf of a syndicate of agents pursuant to which the Company has launched a proposed private placement for aggregate gross proceeds of up to approximately C$200 million. The Offering will consist of up to [...]
Tesla highlight intercepts include 44m at 2.9% CuEq Bridge Zone's New Mineralized Intercepts Affirm Expansion Opportunity Drilling of Priority Regional Targets Ongoing Foran Mining Corp. is pleased to report additional assay results from the ongoing 2023 drill program at the 100%-owned McIlvenna Bay Complex in Saskatchewan. Drilling has confirmed multiple, wide zones of mineralization at Tesla and demonstrated continuity [...]
New Bridge Zone Identified Between McIlvenna Bay and Tesla Tesla Strike Extended to 750 metres and Remains Open in All Directions Foran Mining Corp. is pleased to report assay results from two drill holes completed as part of its 2023 summer drill program at the 100%-owned McIlvenna Bay Complex in Saskatchewan. These results have uncovered a new discovery that confirms the presence of mineralization between Tesla and [...]
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