VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 25, 2015) - Foran Mining Corporation (TSX VENTURE:FOM) - Follow-up drilling intersects additional massive sulphide mineralization, including 5.0% Cu, 2.1% Zn, 0.84g/t Au and 41g/t Ag over 2.62m in an ~12m thick sulphide-rich interval in BA-15-80 & 2.0% Cu, 3.5% Zn, 0.37g/t Au and 12g/t Ag over 3.46m [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 21, 2015) - Foran Mining Corporation (TSX VENTURE:FOM) ("Foran" or the "Company") announces that the Company has filed on SEDAR an amended technical report (the "Amended Report") dated January 21, 2015 with an effective date of November 12, 2014 for the preliminary economic assessment ("PEA") of the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 20, 2015) - Foran Mining Corporation (TSX VENTURE:FOM) ("Foran" or the "Company") today announced that it has granted 975,000 incentive stock options (the "Options") to Directors, Officers, Employees and Consultants of the Company. The Options are set for a period of five years, expiring on January [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 15, 2015) - Foran Mining Corporation (TSX VENTURE:FOM) ("Foran" or the "Company") is pleased to announce the Company has commenced a winter exploration program (the "Program") focused on the Bigstone and Balsam properties in the Company's 100% owned Hanson Lake Camp. The Hanson Lake Camp covers over [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 22, 2014) - Foran Mining Corporation (TSX VENTURE:FOM) ("Foran" or the "Company") is pleased to announce that it has closed the previously announced non-brokered private placement (the "Placement"; see the Foran news release dated December 12, 2014). The Placement was fully allocated and the Company [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 12, 2014) - Foran Mining Corporation (TSX VENTURE:FOM) ("Foran" or the "Company") has negotiated a non-brokered private placement (the "Offering") of up to 6,400,000 common shares in the capital stock of the Company (the "Shares") at a price of $0.25 per Share for aggregate gross proceeds of up to [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 26, 2014) - Foran Mining Corporation (TSX VENTURE:FOM) ("Foran" or the "Company") today announced its financial results for the nine month period ended September 30, 2014. The Company recorded a net loss of $1.07 million or $0.01 per share (basic and diluted). This compares to a net loss of $1.46 [...]
- Estimated pre-tax NPV7% of $382M ($263M after-tax) & 22% IRR (19% after-tax) - The PEA contemplates a 5,000 tonne per day underground mine and concentrator with a 14 year mine life; estimated costs and design are in-line with existing mining operations in the region - The Deposit is open to depth, with potential to increase mine life [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 6, 2014) - Foran Mining Corporation (TSX VENTURE:FOM) ("Foran" or the "Company") is pleased to announce that it has reached an agreement (the "Agreement") with Teck Resources Ltd. ("Teck") to extinguish Teck's back-in rights on Foran's Bigstone, Balsam and Hanson properties (the "Properties") located [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 10, 2014) - PEA is fully funded by current cash reserves All on-site work, including site visits, has been completed Anticipated completion in Q4/2014 Foran Mining Corp. (TSX VENTURE:FOM) ("Foran" or the "Company") is pleased to announce that a Preliminary Economic Assessment ("PEA") is underway [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 13, 2014) - Foran Mining Corporation (TSX VENTURE:FOM) ("Foran" or the "Company") today announced its financial results for the six month period ended June 30, 2014. The Company recorded a net loss of $752,372 or $0.01 per share (basic and diluted). This compares to a net loss of $1,039,511 or $0.01 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 1, 2014) - Foran Mining Corporation (TSX VENTURE:FOM) ("Foran" or the "Company") wishes to announce that Darren Morcombe, Chairman of the Board of Directors of Foran, has recently increased his share ownership interest to 12.5% of the Company's issued and outstanding common shares ("Shares"), or 13.4 [...]