Foran Mining Corp. , is pleased to announce the appointment of Jean Rogers, PhD, PE, to its board of directors as Non-Executive Director. Dr. Rogers brings a wealth of experience to the board with almost 20 years of experience at the forefront of the development of ESG standards and principles. Dr. Rogers is the founder and former CEO of the Sustainability Accounting Standards Board , an independent non-profit [...]
Over 16m of continuous high-grade mineralization in each hole Quality of results are value accretive with indication of further resource upgrade as well as size expansion of overall resource base Hanson Lake District is fast becoming one of the world's next great mining camps Foran Mining Corp. , which is planning to build the world's first copper mine designed to be carbon neutral from day one, is pleased to announce [...]
5 Metres of 8% CuEq, including one of the highest composite gold intercepts to date: 5.4 g/t Gold Over 1.6 Metres The high-grade results reinforce the existing value at McIlvenna Bay and demonstrate that McIlvenna Bay and the Hanson Lake District is a truly world-class discovery, in a world-class mining jurisdiction. Foran Mining Corp. , which is planning to build the world's first copper mine designed to be carbon [...]
30,000 metre drill program designed to upgrade and expand McIlvenna Bay Foran Mining Corp. , which is planning to build the first mine in Canada designed to be carbon neutral from day one, announces that it has commenced its largest drill program to date at its 100% owned McIlvenna Bay deposit , in Saskatchewan, Canada - one of the world's premier mining jurisdictions. Foran's 30,000 metre winter 2021 diamond drilling [...]
Feb. 2, 2021 /CNW/ - Foran Mining Corp. is pleased to announce the closing of its previously announced marketed best efforts private placement, which was upsized from C$20.0 million to C$25.0 million, due to significant demand which resulted in the initial Offering being four times over-subscribed. Dan Myerson, Executive Chairman of Foran commented, "We are very grateful to our investors for their strong support and look [...]
Foran Mining Corp. is pleased to announce that further to its news release issued December 7, 2020, it has filed an independent National Instrument 43-101 - Standards of Disclosure for Mineral Projects technical report for the first Resource Estimate on the Company's Bigstone deposit . Bigstone is located in east-central Saskatchewan, approximately 25km west of the Company's flagship McIlvenna Bay project where work [...]
Foran Mining Corp. is pleased to announce that due to significant demand, it has entered into an agreement with PI Financial Corp. as sole bookrunner, with Eight Capital and BMO Capital Markets as co-lead agents on behalf of a syndicate of agents, to increase the size of the previously announced marketed best efforts private placement from C$20.0 million to up to C$25.0 million . Pursuant to the amended terms, the [...]
Foran Mining Corp. is pleased to announce that the Company has entered into an agreement with PI Financial Corp. as sole bookrunner , with Eight Capital and BMO Capital Markets , on behalf of a syndicate of agents , in connection with a marketed best efforts private placement of up to C$20.0 million . The Offering will consist of up to 7,693,000 common shares at a price of C$0.65 per Share for gross proceeds of up to [...]
Follow up on 105m at 2.03% copper intersection from last program Initial Resources - 2 Mt of Indicated Resources grading 2.22% CuEq - Plus 2 Mt of Inferred Resources grading 2.14% CuEq Potential for additional high-grade feed for McIlvenna Bay Mill VANCOUVER, British Columbia, Dec. 07, 2020 -- Foran Mining Corp. is pleased to announce an initial resource for its 100% owned Bigstone deposit located in east-central [...]
Foran Mining Corp. is pleased to announce that it has completed the non-brokered private placement previously announced on November 9, 2020. The Company raised gross proceeds of CAD $1,000,000 by issuing 5,714,285 units at a price of CAD $0.175 per unit . Each Unit consisted of one common share of the Company and one common share purchase warrant with each warrant entitling the holder to acquire an additional common share [...]
Foran Mining Corp. is delighted to announce the appointment of Dan Myerson as Executive Chairman, effective immediately, ushering in a new era for the Company, as it moves to the next stage of advancing its belt of outstanding deposits towards production, in mining friendly Saskatchewan, Canada. Mr. Myerson commented, “I feel incredibly energised by the opportunity that lies ahead for Foran and I’m grateful to assume this [...]
Foran Mining Corp. is delighted to announce it intends to complete a non-brokered private placement of up to 5,714,285 Units of the Company, at a price of $CAD 0.175 per Unit for gross proceeds of CAD $1,000,000 subject to regulatory approval. Each Unit consists of one common share and one common share purchase warrant of the Company. Each whole Warrant, for a period of 60 months from the date of issuance, is exercisable [...]
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