Lundin Mining Corporation press release
Foran Mining's President & CEO Patrick Soares is Interviewed by David Morgan, Publisher of the Morgan Report - Video Available on Investmentpitch.com
TSX - Toronto Stock Exchange · Copper · Gold · Silver · Iron · Molybdenum · Nickel · Canada
Vancouver, British Columbia--(Newsfile Corp. - February 5, 2018) - Foran Mining Corporation's (TSXV: FOM), president & CEO, Patrick Soares, is Interviewed by David Morgan, Publisher of the Morgan Report.
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Foran has initiated its 2018 exploration and infill drilling program on the McIlvenna Bay Property in Saskatchewan. Management has planned a 10,000 metre program with a dual focus: to deepen drill hole MR-17-09 at Target A, and to conduct infill and resource definition drilling in order to upgrade the existing resource for the Company's flagship McIlvenna Bay deposit.
Patrick Soares, President & CEO of Foran stated, "_We are excited to be back on site and advancing our McIlvenna Bay assets, including Target A. In December 2017, we executed a Technical Services Agreement with Glencore Canada Corporation, who in return for delivering a feasibility study on the Deposit will receive the concentrate off-take rights. We also completed a $5 million non-brokered flow-through private placement and these recent developments have triggered renewed interest in our company and we are aggressively advancing our projects in order to capitalize on rising commodity prices_."
The McIlvenna Bay Property is located within the Hanson Lake District which is part of a world class VMS belt that extends from Snow Lake, Manitoba, through Flin Flon to Foran's ground in Saskatchewan, a distance of over 200 kilometres. McIlvenna Bay is the largest undeveloped VMS deposit within this trend.
For more information, please visit the company's website at www.foranmining.com, contact Patrick Soares, President & CEO, at 604-488-0008 or email ir@foranmining.com.
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