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Foran Mining Corp.
Summary
| Project: | McIlvenna Bay | |
|---|---|---|
| Deposit: | McIlvenna Bay | |
| Location: | Canada | |
| Commodities: | Copper-Zinc-Gold-Silver | |
| Date: | 10/11/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 11-10-2018: Foran Mining Corp. announces an Exploration/Drilling Update report for its McIlvenna Bay deposit at the McIlvenna Bay project. Drilling results incl. 29.45m @ 2.76% CuEq. Vancouver, BC (October 11, 2018) - Foran Mining Corporation (TSX.V: FOM) | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Roger March (Internal) | |
| ABSTRACT: | Vancouver, BC (October 11, 2018) - Foran Mining Corporation (TSX.V: FOM) (“Foran” or the “Company”) is pleased to announce a summary of results from three additional holes from the summer resource definition drill program at its 100% owned McIlvenna Bay copper-zinc deposit (“McIlvenna Bay” or the “Deposit”) in Saskatchewan. Highlights: Hole MB-18-216 intersected three contiguous zones of copper-rich sulphide mineralization with a combined core length of 29.45 metres (“m”) grading 2.76% copper equivalent. This intersection consists of both massive to semi-massive sulphides and stockwork styles of mineralization, including Patrick Soares, President & CEO of Foran commented, “The three holes included in this release all targeted the copper and zinc-rich Upper West Zone massive sulphide lens and underlying copper stockwork zone. Drilling continues to intersect significant grades and widths of mineralization as we infill drill the deposit. Of particular interest is the thick sequence of high-grade copper intersected in MB-18-216. This hole was drilled in the deeper part of the deposit in an area where a large, high conductance plate was modelled from a program of borehole EM surveying completed this spring. The thick interval of sulphide mineralization encountered speaks to the expansion potential that still exists as we continue to explore McIlvenna Bay.” | |
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