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Foran Mining Corp.
Summary
| Project: | McIlvenna Bay | |
|---|---|---|
| Deposit: | McIlvenna Bay | |
| Location: | Canada | |
| Commodities: | Copper-Zinc-Gold-Silver | |
| Date: | 11/15/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 15-11-2018: Foran Mining Corp. announces an Exploration/Drilling Update report for its McIlvenna Bay deposit at the McIlvenna Bay project. Drilling results incl. 11.98m @ 0.55g/t Au, 19.78g/t Ag, 1.15% Cu, 3.98% Zn from 579.50m. Vancouver, BC (November 15 | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Roger March (Internal) | |
| ABSTRACT: | Vancouver, BC (November 15, 2018) - Foran Mining Corporation (TSX.V: FOM) (“Foran” or the “Company”) is pleased to announce results from five 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. The intersections include three holes drilled along plunge in the deeper part of the Deposit along with two wedge cuts which were drilled to obtain additional material for metallurgical sampling. The holes all demonstrate the thick zones of contiguous mineralization contained within the Deposit over multiple zones, as highlighted below “Increasing the drill density of the Upper West Zone from a depth of 450 metres to 1,000 metres below the surface has confirmed the continuity and thickness of the McIlvenna Bay deposit at depth. The substantial width of the mineralization in this central portion of the deposit could allow for lower cost bulk mining methods to be used. We are pleased with the results we have seen so far and believe they will contribute positively to the forthcoming resource estimate, expected later this year,” commented, Patrick Soares, President & CEO of Foran. | |
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