Foran Mining Corp. is pleased to report various wide and high-grade intercepts from an additional four holes drilled during its recently concluded infill program at its 100% owned McIlvenna Bay deposit. Three holes in this release were drilled in the lower portion of the deposit and intersected significant zinc grades in the Massive Sulphide, while [...]
Foran Mining Corp. is pleased to announce the completion of the strategic C$100 million private placement by certain entities controlled by Fairfax Financing Holdings. The Financing consisted of the following: C$50 million gross proceeds through the issuance of 27,777,778 units at a price of C$1.80 per Common Share Unit. Each Common Share Unit is [...]
Foran Mining Corp. is pleased to announce the voting results from the Company's annual general & special meeting of shareholders held on August 4th, 2021 . A total of 72,088,947 common shares of the Company were represented at the 2021 AGSM, representing 39.91% of the Company's outstanding common shares as at the record date of June 30th, 2021 [...]
Foran Mining Corp. is pleased to announce that its infill drill program at its 100% owned McIlvenna Bay deposit is now complete, with results from four holes contained in this release. The remaining results from the now concluded program will be disseminated over the coming weeks as they are received. Two of the holes contained within this release [...]
Foran Mining Corp. is pleased to announce that it has executed definitive subscription agreements pursuant to which certain entities controlled by Fairfax Financial Holdings Limited will complete the strategic C$100 million investment in the Company , as announced on May 25, 2021, in an effort to create a global carbon neutral mining company and [...]
Foran Mining Corp. is pleased to announce the appointment of James Steels, CPA, CFA as Chief Financial Officer, effective immediately. Mr. Steels is a corporate finance and capital markets professional in the metals and mining sector and specializes in valuations, risk management, financings, strategic initiatives, transaction structuring and [...]
Foran Mining Corp. is pleased to announce the discovery of six new high priority targets on its extensive land package at its McIlvenna Bay Project and plans to commence exploration drilling on these targets in July 2021. The regional program will be focused on realizing the camp-scale potential of its flagship, 100% owned McIlvenna Bay Deposit in [...]
Hole Encountered 40m of Mineralization Over 45m; Including 29m of Continuous Mineralization Grading 2.05% CuEq Expansion to Drilling Campaign Following C$100M Fairfax Financing Planned Foran Mining Corp. is pleased to announce that its latest infill drill hole has delivered one of the widest intercepts of continuous high grade copper mineralization [...]
Investment will provide foundation for a sustainable company within the new era for mining and a global move towards green electrification Foran Mining Corp. is pleased to announce that it has entered into a letter agreement pursuant to which Fairfax Financial Holdings Limited, through certain of its subsidiaries , will make a strategic CAD$100 [...]
Foran Mining Corp. is delighted to announce that its 100% owned McIlvenna Bay project is now the world's first carbon neutral copper development project following the completion of carbon offset purchases to offset emissions from exploration activities undertaken at the Deposit over the past 10 years. A copy of the Company's GHG Inventory Report [...]
Infill drilling confirms and supports resource and mine life expansion potential First step out hole delivers 7% copper intercept and near-surface updip extension Foran adds an additional drill rig to follow up positive results to date Foran Mining Corp. is pleased to announce that its 30,000m winter drill program at its 100% owned McIlvenna Bay [...]
Foran Mining Corp. , is delighted to announce that its 100% owned McIlvenna Bay deposit will become the world's first carbon neutral copper development project. The Company has partnered with leading carbon measurement firm and sustainability advisory firms, Carbonzero and Synergy Enterprises, to accurately record its emissions and purchase [...]
