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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 starboy101on Nov 11, 2021 3:47pm
170 Views
Post# 34116644

RE:RE:Its a shame

RE:RE:Its a shame
Ya I think Glencore could end up with the entire company in the end they are a very smart company bit of a shady past but very good at what they do. Your points are all correct jurisdiction is very important and they couldn't be in a better place in Canada and probably only behind Nevada as far as North America goes.

As you know this is a VMS my favourite type of deposits and with VMS deposits they are typically found in clusters. Where theres one there are usually more and we all know theres at least one more ie. the Bigstone. As you know previous drilling as returned some of the best drill holes anywhere. I mean 105 metres of 2% copper I mean thats spectacular.

So with 40 million tonnes theres already more than enough to go into production with. But the kicker is there is still lots of potential for more reserves. The company announced the results of geophysics which show six potential targets including a Bigstone south targer. I don't think I have seen any results from Bigstone on this current drill program as yet but I await with baited breath.


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