Foran Mining Corp. is pleased to announce partial assay results from diamond drill hole TS-22-03 at the near-mine Tesla target, on its 100%-owned McIlvenna Bay Project in Saskatchewan. Key Highlights: ~200 m of continuous massive and disseminated sulphides intersected, including chalcopyrite and sphalerite. Initial assay results include: 12.4m at 1.8% copper equivalent including 1.2m at 8.3% CuEq; 7.71m at 1.7% CuEq [...]
Foran Mining Corp. is pleased to announce the grand opening of its Saskatchewan Head Office. The Company's office in Saskatoon will be the operating headquarters supporting all in-province initiatives at its 100%-owned McIlvenna Bay development project and surrounding properties. The company held an event at its office yesterday hosting provincial and municipal government members. Dan Myerson, Foran's Executive Chairman [...]
Foran Mining Corp. is pleased to announce the receipt of its initial Approval to Operate Permit for its advanced exploration decline program at its 100%-owned McIlvenna Bay project in Saskatchewan. The Approval to Operate Permit allows the Company to operate pollutant control facilities for water and waste rock. Water pumped out of the decline will be placed into a lined containment pond on-site and waste rock will be [...]
Foran Mining Corp. is pleased to announce the voting results from the Company's annual general & special meeting of shareholders held on May 26th, 2022. A total of 74,293,946 common shares of the Company were represented at the AGSM, representing 35.21% of the Company's outstanding common shares as at the record date of April 13th, 2022. Shareholders voted in favour of all matters brought before them at the AGSM, which [...]
Foran Mining Corp. is pleased to announce the appointment of Gilbert Lamarche as Vice President, Technical Services effective immediately. Mr. Lamarche has over 20 years of experience in the mining industry in both technical services and operational capacities. He is a seasoned leader who has managed large teams across multiple jurisdictions in Canada, including established operations and new projects. Prior to joining [...]
Foran Mining Corp. is pleased to announce it has filed a technical report for the McIlvenna Bay Feasibility Study in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects. The Report dated April 14, 2022 entitled "Technical Report on the Feasibility Study for the McIlvenna Bay Project, Saskatchewan Canada" has been prepared by Stantec Inc. with an effective date of February 28, 2022 and [...]
Foran Mining announces that, in accordance with its Long-Term Performance Incentive Plan and the policies of the TSXV has granted a total of 2,000,000 stock options, 182,500 restricted share units and 200,000 deferred share units to certain directors, officers, employees and consultants of the Company. Each Option is exercisable into one common share of the Company at an exercise price of $2.35, and will vest over a [...]
Foran Mining Corp. is pleased to announce a project update for its pre-development program at the McIlvenna Bay Project in Saskatchewan, along with the launch of a photo gallery, which will be updated regularly as activity on site continues to ramp-up. The gallery can be found on our website at www.foranmining.com. Key Highlights Boxcut is now complete and Foran has advanced the first 10 metres of development along the [...]
Foran Mining Corp. is pleased to announce results from a Feasibility Study on its expanded and re-scoped initial mine plan for its 100%-owned McIlvenna Bay project in east-central Saskatchewan. All currency figures are shown in Canadian dollars, unless otherwise noted. Highlights: Robust financial metrics in a world-class jurisdiction. At current prices, the FS defines a pre-tax NPV7% of $1.49B and IRR of 46% with an [...]
Foran Mining is pleased to announce it has received initial permits from the Environmental Protection Branch of the Ministry of Environment of Saskatchewan for a proposed exploration decline as part of its pre-development program at its 100%-owned McIlvenna Bay Project in Saskatchewan. Key Highlights: The receipt of initial permits represents a significant milestone for the Company as we continue to advance the McIlvenna [...]
Foran Mining announces the filing of two amended technical reports titled " Technical Report for the 2021 Mineral Resource Estimate on the McIlvenna Bay Project Saskatchewan Canada" dated January 31st, 2022, and " Technical Report on the Bigstone Project, East Central Saskatchewan, Canada" dated February 1st, 2022. The Amended Technical Reports do not change the mineral resource estimates, conclusions, and recommendations [...]
Foran Mining Corp. is pleased to announce the appointment of Suzanne Davis-Hall, MBA, as Vice President, Environmental, Social, and Governance effective immediately. Suzanne has over 20 years of ESG and sustainability experience within the mining industry, holding roles with a series of junior exploration and producing companies, as well as various government and engineering firm positions. Most recently, Ms. Davis-Hall [...]