Highlight Intercepts include 8.4m at 3.7% CuEq and 6.8m at 3.2% CuEq New Copper-Zinc Lens Identified in Tesla Footwall Foran Mining Corp. is pleased to announce further copper-rich assay results from two new holes drilled into the Tesla Zone, part of Foran's 100%-owned McIlvenna Bay Property in Saskatchewan. These holes were designed to infill two [...]
Foran Mining Corp. is pleased provide a construction update on its 100% owned McIlvenna Bay project in Saskatchewan, Canada. As of the quarter ending September 30, 2024, the project continues to advance steadily, with significant progress made across key areas of development. Key Achievements as of September 30, 2024: Safety performance remains [...]
Highlight intercepts include 31.2m at 2.7% CuEq and 3.4m at 6.6% CuEq Results Further Demonstrate the Robust Nature of Mineralization at Tesla Assays Pending from Six Additional Holes, with Further Results Expected Soon Foran Mining Corp. is pleased to announce additional assay results from the summer drill program at the Tesla Zone, part of [...]
Foran Mining Corp. is pleased to announce the execution of an amended and restated credit agreement and closing of its upsized US$250 million senior secured project credit facility with a fund managed by Sprott Resource Lending Corp. . Funds from the Credit Facility will be used towards construction of the McIlvenna Bay project in east-central [...]
Foran Mining Corp. is pleased to share a progress update on the construction of its 100% owned McIlvenna Bay project in Saskatchewan, Canada, alongside new photos showcasing ongoing development. The images offer a detailed look at key milestones reached during August 2024 and can be viewed in the image gallery on our website at [...]
Geophysics and Structural Geoscience Methodically Driving Future Growth Prospects Advancements Reveal a Significant Number of Untapped Regional Opportunities Airborne Electromagnetic Survey Set to Launch Over New Denare West Property Foran Mining Corp. is pleased to provide an update on its Regional Exploration Strategy across its properties in [...]
All amounts are in Canadian dollars unless stated otherwise Foran Mining Corp. is pleased to announce that following the receipt of all requisite shareholder approvals at the special meeting of shareholders held on Monday, September 16, 2024, it has now completed the second tranche of its previously announced $360 million private placement [...]
Second Tranche for Gross Proceeds of $71M Expected to Close on or about September 17, 2024 All amounts are in Canadian dollars unless stated otherwise Foran Mining Corp. is pleased to announce that at a special meeting of shareholders of the Company held today , the shareholders approved the resolutions required in connection with completing the [...]
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 [...]
Second Tranche for Gross Proceeds of $71M Expected to Close Following Special Shareholders Meeting All amounts are in Canadian dollars unless stated otherwise Foran Mining Corp. is pleased to announce that it has completed the first tranche of its previously announced $360 million private placement financings , for aggregate gross proceeds of [...]
Foran Mining Corp. is pleased to announce that in connection with the proposed brokered private placement announced on July 15, 2024, the Company has entered into an amending agreement with Eight Capital, as co-lead agent and joint bookrunner with BMO Capital Markets and National Bank Financial, on behalf of a syndicate of agents , to increase the [...]
Strategic Investment by Cornerstone Investors supports McIlvenna Bay's Development and Future Upside Opportunities Project Finance Credit Facility to be Expanded to US$250 Million Board of Directors Formally Approves Construction, led by G Mining Services, with Commercial Production Expected in H1 2026 Initial Tesla Exploration Target of 28-45Mt at [...]
