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Foran Mining Corp T.FOM

Alternate Symbol(s):  FMCXF

Foran Mining Corporation is a Canada-based company, which is engaged in copper-zinc-gold-silver exploration and development. The Company holds eight properties encompassing over 140,000 hectares within the Hanson Lake District of eastern Saskatchewan, Canada along the deposit rich Flin Flon Greenstone Belt. Its projects include the development of the McIlvenna Bay deposit, evaluation of the Bigstone deposit, and near mine exploration of several promising targets. McIlvenna Bay is a copper-zinc-gold-silver rich VHMS deposit, which is located 65 kilometers (km) West of Flin Flon, Manitoba and is part of the Flin Flon Greenstone Belt that extends from Snow Lake, Manitoba, through Flin Flon to its ground in eastern Saskatchewan, a distance of over 225 km. Its exploration camp is road-accessible, located 17 km south on the Hanson Lake all-weather gravel road. The Bigstone deposit is located within the Northern Lights Property, which lies west of McIlvenna Bay.


TSX:FOM - Post by User

Comment by dienekeson May 07, 2021 7:35am
301 Views
Post# 33150483

RE:RE:RE:RE: ImagineAR The next big banger

RE:RE:RE:RE: ImagineAR The next big banger
Foran McIlvanna is 85km from Flin Flon, not 65km. Read the 43-101. Double the tonnage of rock to process to get the same amount of ore as 777 and no gold. And the ore body is open at 2km deep. What is Foran going to do, truck 25,000,000tons of raw rock to Flin Flon for processing? Your dreaming. McIlvanna is not feasible without a mill onsite, if at all. Foran uses its "proximity" to Hudbay to help pump the deposit. But in the end, Hudbay might as well be on the moon as they are zero benefit to McIlvanna development.
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