Foran Mining Corporation has announced assay results from three additional holes from its winter drill program at the new Tesla discovery. It is 300 meters north of their McIlvenna Bay Deposit 65 kilometers west of Flin Flon.  One highlight intercept shows 4.11 percent copper equivalent over 34.3 meters.

Foran’s Executive Chair and CEO Dan Myerson noted their high success rate to date in intercepting robust zones at such an early stage of discovery. He explained assay results continue to demonstrate the sizable near mine opportunity at the Tesla Zone with recent results including some of the highest zinc intersections they’ve encountered to date.  He says mineralization encountered in holes with assays yet to be released have now extended Tesla’s strike a further 150 to 350 meters and it remains open in all directions.

The winter exploration program is nearing conclusion as ice conditions wane but they are planning directional drilling from land during the remainder of the year.  Planning is also underway for the summer exploration program proximal to McIlvenna Bay and on their Bigstone Project 25 kilometers to the west.