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.

TSX:FOM - Post by User

Foran Mining Corp

<< Previous

Bullboard Posts

Next >>

Post by Betteryear2on Dec 14, 2023 12:38pm

181 Views

Post# 35784772

Tesla Step-Out Intercept Reveals Growing Expansion Potential

200m Down-Dip Extension Significantly Expands Mineralized Footprint

Highlight Intercepts Include 4.5m at 4.0% CuEq and 24.3m at 2.6% CuEq

Tesla Zone Remains Open in All Directions

Bridge Zone Results Strengthen the Connection Between Tesla Zone and McIlvenna Bay

Largest Winter Exploration Program in Foran's History to Begin in 2024 Designed to Unlock the Growing Potential of the District

VANCOUVER, BC, Dec. 14, 2023 /CNW/ - Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) ("Foran" or the "Company") is pleased to report additional assay results from the 2023 drilling program at the Tesla Zone, part of the 100%-owned McIlvenna Bay Complex (the "Project") in Saskatchewan. Results have significantly expanded the footprint of the Tesla Zone with a 200 metre ("m") down-dip extension, intersecting thick zones of mineralization at depth. Assays continue to demonstrate the growing potential at Tesla, which remains open in all directions. The company currently plans to conduct the largest winter exploration program in its history in 2024 with seven drill rigs and up to 22,000m of drilling.

Tesla Step-Out Intercept Reveals Growing Expansion Potential (newswire.ca)