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

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Post by Betteryear2on May 25, 2023 7:47pm

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Post# 35464896

Foran Announces Final Results from Tesla Winter Drilling

New Copper Lens Discovered - Highlight Intercept 9.97% CuEq over 2.1m

Additional New Precious Metals Lens Grading 208 g/t Ag over 9.4m

Up-Dip Extension Confirmed with Wedge Hole Assays

Step-Out Drilling Potentially Entering Higher-Grade Feeder System

Summer Drill Program Targeting ~20,000m to Commence Early June

VANCOUVER, BC, May 25, 2023 /CNW/ - Foran Mining Corporation (TSXV: FOM) (OTCQX: FMCXF) ("Foran" or the "Company") is pleased to announce final assay results from the 2023 winter drill program at the new Tesla target. This release includes the results from three new holes, along with additional significant new high-grade intersections from the bottom part of previously released TS-23-10. Additionally, the Company has provided an overview of the geological interpretations completed to-date, along with details for our upcoming summer drill program. The Tesla Zone is located approximately 300 metres ("m") north of Foran's McIlvenna Bay Deposit in Saskatchewan.

Foran Announces Final Results from Tesla Winter Drilling (newswire.ca)