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.

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Foran Mining Corp

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Post by Betteryear2on Sep 04, 2024 8:31am

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Post# 36207641

Foran Announces Assay Results

Highlight intersection 22m at 5.6% CuEq

New Gold and Silver-Rich Zone Identified at Tesla, Potentially Strengthening at Depth

Tesla Zone now Measures 1,200m Along Strike and up to 700m Down Dip and Remains Open in All Directions

Summer Drill Campaign Ongoing, Testing High Priority Regional Targets and Further Definition at Tesla

VANCOUVER, BC, Sept. 4, 2024 /CNW/ - Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) ("Foran" or the "Company") is pleased to announce assay results from new step-out holes drilled to expand the Tesla Zone, part of Foran's 100%-owned McIlvenna Bay Property in Saskatchewan. Several holes intersected wide zones of high-grade mineralization and confirm the extensions of the Tesla Zone down-dip, which was interpreted from borehole EM modelling. In addition, several assay results also contain significant gold-rich intersections adjacent to the lower sulphide lenses, which may represent a previously unrecognized mineralization style at Tesla. Following our release of the Tesla Exploration Target on July 15, 2024, these new intersections suggest that the Tesla Zone remains open for potential expansion with further drilling.

Foran Announces Assay Results from Tesla Expansion Drilling and Newly Identified Gold Zone (newswire.ca)