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Foran Mining Corp T.FOM

Alternate Symbol(s):  FMCXF

Metals & Mining Industrial Metals & Minerals
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

Foran Mining Corp
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Post by PressReleaseon Jul 15, 2024 8:37am
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Post# 36132618

New Press Release - Foran Announces Strategic Investments by Fairfax Financial, Agnico Eagle and other Cornerstone Investors, Formal Construction Decision for Phase 1 at McIlvenna Bay and Advances Planning for Phase 2

New Press Release - Foran Announces Strategic Investments by Fairfax Financial, Agnico Eagle and other Cornerstone Investors, Formal Construction Decision for Phase 1 at McIlvenna Bay and Advances Planning for Phase 2
Strategic Investment by Cornerstone Investors supports McIlvenna Bay’s Development and Future Upside Opportunities Project Finance Credit Facility to be Expanded to US$250 MillionBoard of Directors Formally Approves Construction, led by G Mining Services, with Commercial Production Expected in...read article.
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