Local News

Expansion Drilling Supports the Potential for Further Mineral Resource Growth West of Flin Flon.

Foran Mining Corporation has reported results from five step-out holes drilled at its McIlvenna Bay Deposit located in the Hanson Lake District 65 kilometers west of Flin Flon.  The five holes were drilled either near the edge or outside of the existing resource line at McIlvenna Bay. One hole intersected 6.2 meters grading 3.4 percent copper equivalent within 24.5 meters of continuous mineralization.

             

Executive Chair Dan Myerson says these step-out intercepts highlight the opportunity they have to add value and ultimately grow the resource at McIlvenna Bay adding the significant widths they continue to achieve strengthen their confidence that they will be able to increase the tonnage and upgrade the resource classification in their pending estimate.  At the same time he notes they are equally if not more excited to advance their regional exploration campaign and uncover the mineral and economic potential of the district.  It is anticipated their ongoing programs will continue until the late fall.

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