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)