Foran is pleased to announce the appointment of David M. Petroff to the Company's Board of Directors, effective April 20. Mr. Petroff has over 30 years' experience in the mining and investment industry, including the role of President, CEO, and Director of zinc producer Breakwater Resources Ltd. from early 2009 until its acquisition by Nyrstar NV [...]
Foran Mining today announced its financial results for the three month period ended December 31, 2011, which was Foran's first quarter prepared in accordance with International Financial Reporting Standards. The Company recorded a net loss of $677,083 or $0.01 per share (basic and diluted). This compares to a net loss of $407,283 or $0.01 per share [...]
Foran Mining is pleased to provide an update on its 100% owned McIlvenna Bay project in Saskatchewan, including an update on drilling, engineering studies and environmental work. Infill and exploration drilling on the McIlvenna Bay deposit recommenced in early February, 2012, with a total of 13 holes (3,252 metres) completed to date. This work [...]
Foran today announced financial results for the year ended September 30, 2011, as well as a summary of key developments. Patrick Soares, President and CEO of Foran commented: "Foran's new management team has accomplished a great deal and added substantial value to the Company in a short period. Recent work at our 100% owned McIlvenna Bay deposit [...]
Foran Mining Corporation today announced that it has granted 1,025,000 incentive stock options to Directors, Officers and Employees of the Company. The options are set for a period of five years, expiring on January 24, 2017, and will allow the holder to purchase a share in the Company at a price of $0.80.
Foran Mining is pleased to announce the commencement of metallurgical testwork and new assay results from drilling at the Company's 100% owned McIlvenna Bay deposit. Drilling at McIlvenna Bay between August and December, 2011 was designed to collect material for metallurgical testwork, complete infill holes to upgrade the existing resource and to [...]
Foran has today filed on SEDAR a National Instrument 43-101 compliant technical report entitled "Technical Report on the McIlvenna Bay Project, Saskatchewan, Canada", dated December 9, 2011, and prepared by Mr. David W. Rennie, P.Eng., of Roscoe Postle Associates. Mr. Rennie is a Qualified Person as defined in National Instrument 43-101 and both [...]
Foran Mining is pleased to provide an update on regional exploration and property ownership of its landholdings surrounding the Company's McIlvenna Bay deposit, in east central Saskatchewan. On November 2, 2011, Foran announced a significant new resource at McIlvenna Bay, the results of which are summarized below. The landholdings surrounding the [...]
Foran is pleased to announce an 85% increase in the global tonnage of mineral resources in the indicated category and a 60% increase in the inferred category at the McIlvenna Bay Deposit. This increase represents the first comprehensive, independent, National Instrument 43-101 compliant mineral resource estimate for the Copper Stockwork Zone at the [...]
