Foran Mining ( (TSE:FOM) ) has provided an announcement.
Foran Mining Corporation has announced significant results from its 2025 winter drill program at the McIlvenna Bay Project, revealing a substantial down-plunge expansion of the McIlvenna Bay Deposit. The initial drill hole, BZ-25-01, successfully extended the deposit by 200 meters and expanded the Bridge Zone mineralization, indicating potential for further growth. The results suggest that mineralization may continue at depth, enhancing the project’s expansion prospects. This development is part of Foran’s largest winter drill program, which aims to advance the Tesla resource estimation and delineate the Bridge Zone, potentially strengthening the company’s position in the mining sector.
More about Foran Mining
Foran Mining Corporation is a mining company focused on the exploration and development of mineral deposits. The company operates primarily in the mining industry, with a focus on copper and zinc deposits, and is currently advancing its McIlvenna Bay Project in Saskatchewan, Canada.
YTD Price Performance: -1.25%
Average Trading Volume: 375,989
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$1.67B
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