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Foran Mining Corp T.FOM

Alternate Symbol(s):  FMCXF

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.


TSX:FOM - Post by User

Comment by dienekeson Jun 02, 2021 8:50am
231 Views
Post# 33309593

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

RE:RE:RE:RE:RE: ImagineAR The next big banger
honestly I know nothing about CNX. Foran is looking good, but need a mill and more copper. I just look at similar ore bodies such as bull river which is fully developed and ready to go with a crusher, concentrator underground mine fully developed, and nothing is happening. I've been at both sites . My opinion. Hudbay has set there sites on the USA, hell or high water. You could find a solid block of zinc near Flin Flon and they won't be interested. They want that Zinc plant gone. It's expensive, their power costs are doubling, and it requires massive manpower to run and maintain. The acid has gotten under the cell house so the foundation is rotting out and turning to powder. They just want to crush, concentrate and ship it out. Takes very few people to do that
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