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Foran Mining Corp.
Summary
| Project: | McIlvenna Bay | |
|---|---|---|
| Deposit: | McIlvenna Bay | |
| Location: | Canada | |
| Commodities: | Copper-Zinc-Gold-Silver | |
| Date: | 4/20/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 20-4-2018: Foran Mining Corp. announces an Exploration/Drilling Update report for its McIlvenna Bay deposit at the McIlvenna Bay project. Drilling results incl. 5.23m @ 6.74% Zn, 12.64g/t Ag, 0.13% Cu, 0.11g/t Au from 422.0m. Vancouver, BC (April 20, 2018 | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Roger March (Internal) | |
| ABSTRACT: | Vancouver, BC (April 20, 2018) - Foran Mining Corporation (TSX.V: FOM) (“Foran” or the “Company”) is pleased to announce results of an additional five holes from its resource definition and expansion drill program at its 100% owned McIlvenna Bay zinc-copper property (“McIlvenna Bay” or “Property”) in Saskatchewan. McIlvenna Bay is the largest undeveloped Volcanogenic Massive Sulphide (“VMS”) deposit along the 225 kilometre Flin Flon greenstone belt. Patrick Soares, President & CEO of Foran noted, “McIlvenna Bay infill drill results continue to impress us with their consistency. Geotechnical core logging and metallurgical sampling in support of the Feasibility Study has been placed as a priority, and as a result, slowed the delivery of samples to the analytical lab. We now expect to receive a stream of additional drill results from a number of holes at depth in the deposit over the next few weeks.” This release provides the results from five holes of the 2018 winter drill program at McIlvenna Bay. All holes originally planned for the program have been completed. The technical team laid out four wedges, resulting in four additional mineralized intercepts. This year, 30 holes and over 14,000m have been completed. | |
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