Foran Mining Corp T.FOM

Alternate Symbol(s): FMCXF

Metals & Mining Industrial Metals & Minerals

Foran Mining Corporation is a Canada-based copper-zinc-gold-silver exploration and development company. The Company's high-priority properties include the McIlvenna Bay Property, which contains the McIlvenna Bay Deposit and the Tesla Zone, and three adjacent properties - Hanson, Balsam and Bigstone, all of which occur at the western limit of the Flin Flon Greenstone Belt. The Company, through its wholly owned subsidiary McIlvenna Bay Operating Ltd., has a 100% interest in the McIlvenna Bay Property, which consists of over 44 claims covering a total of 29,418 hectares (ha) and is located in east central Saskatchewan. It holds a 100% interest in the Bigstone property, which consists of around 22 claims totaling 24,578 ha and is located 85 km west of Flin Flon, Manitoba. It holds approximately seven properties comprising a total of 92 mining claims covering 103,336 ha and also holds the Denare West property title in trust, which consists of 10 mining claims and covers over 21,066 ha.

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Foran Mining Corp > ImagineAR The next big banger

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Comment by dienekeson May 07, 2021 7:35am

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Post# 33150483

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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