Local News

Exploration Continues to Provide Good Results West of Flin Flon.

Foran Mining Corporation has announced an updated mineral resource estimate for its McIlvenna Bay Deposit 65 kilometers west of Flin Flon. The estimate outlines significant changes to the resource compared to the previous resource estimate published in 2019 with over 25 thousand meters of infill and expansion drilling in 36 holes completed since the prior estimate.  Indicated resources increased by 70 percent to 39.1 million tonnes from 23 million tonnes.  Indicated resources now grade 1.2 percent copper, 2.16 percent zinc, 0.41 grams per tonne gold and 14 grams per tonne silver.  Mineralization begins 25 meters below surface and extends down plunge approximately two kilometers where it remains open in all directions.

             

CEO and Executive Chair Dan Myerson says they are now integrating the data from this resource estimate into their coming feasibility study and are planning for an aggressive and exciting exploration program next year.

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