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Foran Mining Corp.
Summary
| Project: | McIlvenna Bay | |
|---|---|---|
| Deposit: | McIlvenna Bay | |
| Location: | Canada | |
| Commodities: | Copper-Zinc-Gold-Silver | |
| Date: | 5/23/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 23-5-2018: Foran Mining Corp. announces an Exploration/Drilling Update report for its McIlvenna Bay deposit at the McIlvenna Bay project. Drilling results incl. 8.12m @ 0.21g/t Au, 29.52g/t Ag, 0.24% Cu, 9.63% Zn from 1042.69m. Vancouver, BC (May 23, 2018 | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Roger March (Internal) | |
| ABSTRACT: | Vancouver, BC (May 23, 2018) - Foran Mining Corporation (TSX.V: FOM) (“Foran” or the “Company”) is pleased to announce results of the final four holes from phase I of its resource definition and expansion drill program at its 100% owned McIlvenna Bay zinc-copper deposit (“McIlvenna Bay”) in Saskatchewan. McIlvenna Bay is the largest undeveloped Volcanogenic Massive Sulphide (“VMS”) deposit along the 225 kilometre Flin Flon Greenstone Belt. This world class metallogenic belt is host to 29 past and present producing mines, including Hudbay Minerals Inc.’s 777 and Lalor operations. Highlights: These remaining holes were focused on the deeper portions of the McIlvenna Bay Deposit, in areas sparsely drilled during previous drilling campaigns. The holes returned significant intersections of massive sulphide and stockwork style mineralization from the underlying Copper Stockwork Zone (“CSZ”). These results are highlighted by MB-18-206w1, one of the deepest intersections of the campaign, which returned a thick high-grade massive sulphide intersection near the downdip edge of the currently defined deposit: | |
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