Overall Construction Reached 72%, Reflecting Strong and Efficient Execution Project Remains on Schedule for Mid 2026 Commercial Production and On Budget Foran Mining Corp. is pleased to report on construction activities completed during the month of October 2025 at its 100% owned McIlvenna Bay project in Saskatchewan. With the project now approximately 72% complete, McIlvenna Bay remains on schedule for commercial [...]
Highlight Intercepts include 33.4m grading 1.98% Cu, 3.07% Zn, 19.6 g/t Ag and 0.47 g/t Au Results Strengthen Additional Growth Potential with Northern and Down-Dip Extensions of Mineralization Maiden Tesla Zone Resource Estimate Expected for H2 2026 Foran Mining Corp. is pleased to announce exploration results from the H2 2025 drill program at the Tesla Zone, part of the Company's 100%-owned McIlvenna Bay Project located [...]
Foran Mining Corp. welcomes the expanded policy announcement of the Clean Technology Manufacturing Investment Tax Credit as part of the Canadian Federal Budget announcement on November 4, 2025. The introduction of this measure aims to expand the eligibility of the CTM ITC to support polymetallic extraction and processing and reflects Canada's growing leadership in the global energy transition. The proposed expansion of [...]
Foran Mining is pleased to report on construction activities completed during another productive month at its 100% owned McIlvenna Bay project. The project is approximately 56% complete, remains on schedule for commercial production in mid-2026, and continues to track on budget. "The McIlvenna Bay project is a great example of how Canada is accelerating the development of responsibly sourced critical minerals - and [...]
Foran Mining is pleased to announce it has been approved to earn up to $70 million in transferable royalty tax credits through the Government of Saskatchewan's Critical Minerals Processing Investment Incentive, administered by the Ministry of Energy and Resources. Launched on August 8, 2024 as part of Saskatchewan's Critical Minerals Strategy, the CMPII is one of two new government programs aimed at increasing provincial [...]
Foran Mining is pleased to announce results from the final 15 holes drilled as part of its 2025 winter-spring drill program at the Tesla and Bridge Zones, part of the Company's 100%-owned McIlvenna Bay Projec. Key Highlights: Drilling confirms mineralization across multiple areas of the Tesla Zone. Foran completed almost 28,500 metres of drilling across 32 holes at the Tesla and Bridge Zones during the winter-spring drill [...]
Foran Mining is pleased to report that construction progress at its 100% owned McIlvenna Bay project in Saskatchewan has surpassed the 50% completion milestone. The project remains on budget, aligned with the revised capital estimate disclosed in the May 13, 2025 press release and on schedule with commercial production, targeted for mid-2026. We outline key achievements and highlights from the month of July, 2025 below [...]
Foran Mining is pleased to announce the appointment of John Munro to its Board of Directors as an Independent Director. Mr. Munro brings more than 30 years of global metals and mining experience, including senior executive and board roles across multiple jurisdictions and commodities such as copper, gold, uranium and platinum group metals. He has a proven track record in financing, developing and growing resource [...]
Foran Mining is pleased to provide a construction update on its 100% owned McIlvenna Bay project in Saskatchewan, Canada. Following the safe return to site after a temporary evacuation due to regional wildfires, construction activities returned to full pace advancing key milestones. Despite the brief interruption, the Company remains confident in its timeline and reiterates its target of achieving commercial production by [...]
Foran Mining is pleased to announce that following the receipt of all requisite shareholder approvals at the special meeting of shareholders held on Thursday, July 10, 2025, it has now closed the second tranche of its previously announced $350 million private placement financing, for gross proceeds of approximately $54 million. The first tranche of the Offering closed on May 28, 2025, resulting in gross proceeds of [...]
Foran Mining 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 second tranche of the Company's previously announced $350 million offering. A total of 213,580,000 common shares of the Company were cast, representing 54.2% of the total issued and outstanding voting common shares of the Company as at [...]
Foran Mining is pleased to announce additional results from the 2025 drill program at Tesla and the Bridge Zone where approximately 28,500 metres of drilling was completed in 32 drill holes and wedges, mostly focused on infill and increased definition of the mineralized lenses of the Tesla Zone. The Telsa and Bridge zones are part of the Company's 100%-owned McIlvenna Bay Project. The results from ten drill holes and [...]
