VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/26/14 — Foran Mining Corporation (TSX VENTURE: FOM) ("Foran" or the "Company") today announced its financial results for the nine month period ended September 30, 2014. The Company recorded a net loss of $1.07 million or $0.01 per share (basic and diluted). This compares to a net loss of $1.46 million or $0.02 per share (basic and diluted) for the nine month period ended September 30, 2013.As at September 30, 2014 Foran ha
– Estimated pre-tax NPV7% of $382M ($263M after-tax) & 22% IRR (19% after-tax) – The PEA contemplates a 5,000 tonne per day underground mine and concentrator with a 14 year mine life; estimated costs and design are in-line with existing mining operations in the region – The Deposit is open to depth, with potential to increase mine life – Pre-production CapEx of $249M & sustaining capital of $150M (including a 20% contingency) – Average annual production of 58.9 Mlbs of payable zinc, 37.6
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/06/14 — Foran Mining Corporation (TSX VENTURE: FOM) ("Foran" or the "Company") is pleased to announce that it has reached an agreement (the "Agreement") with Teck Resources Limited ("Teck") to extinguish Teck–s back-in rights on Foran–s Bigstone, Balsam and Hanson properties (the "Properties") located in east-central Saskatchewan, as defined in the November 11, 2003 Purchase and Sale Agreeme
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/21/13 — Foran Mining Corporation (TSX VENTURE: FOM) ("Foran" or the "Company") today announced its financial results for the twelve month period ended Sept. 30, 2013. The Company recorded a net loss of $1,881,240 or $0.02 per share (basic and diluted). This compares to a net loss of $1,409,729 or $0.02 per share (basic and diluted) for the twelve months ended September 30, 2012.As announced by Foran on April 19, 2013, the
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/31/13 — Foran Mining Corporation (TSX VENTURE: FOM) ("Foran" or the "Company") is pleased to announce the Company has received the results of a deep-penetrating time-domain electromagnetic geophysical survey (the "DEEP-EM Survey") on its McIlvenna Bay, Balsam, and Hanson properties. The DEEP-EM Survey outlined numerous conductors, including two high-priority targets:Patrick Soares, President and CEO of Foran comm
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/24/13 — Foran Mining Corporation (TSX VENTURE: FOM) ("Foran" or the "Company") is pleased to announce that President and CEO Patrick Soares recently updated the Chief and Council of the Peter Ballantyne Cree Nation ("PBCN") on activities at the Company-s McIlvenna Bay Project ("McIlvenna Bay" or the "Project"). Also presented were the results of a Traditional Land Use Study and Knowledge Inven
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/18/13 — Foran Mining Corporation (TSX VENTURE: FOM) ("Foran" or the "Company") is pleased to announce the completion of a summer exploration program (the "Program") on the Company-s landholdings surrounding its 100% owned McIlvenna Bay Deposit ("McIlvenna Bay" or the "Deposit"). The Program focused on geological mapping and the collection of surface and drill core samples for lithogeochemical
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/21/13 — Foran Mining Corporation (TSX VENTURE: FOM) ("Foran" or the "Company") today announced its financial results for the nine month period ended June 30, 2013. The Company recorded a net loss of $1,461,268 or $0.02 per share (basic and diluted). This compares to a net loss of $941,617 or $0.01 per share (basic and diluted) for the nine months ended June 30, 2012.As at June 30, 2013, the Company had a total of $5.2 mill
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/04/13 — Foran Mining Corporation (TSX VENTURE: FOM) ("Foran" or the "Company") is pleased to announce assay results for winter 2013 diamond drilling on the Company-s McIlvenna Bay Deposit ("McIlvenna Bay" or the "Deposit").A total of four holes (2,243 m) were drilled into the Deposit. Highlights include:The primary objective of the program was to continue to conduct infill drilling within the inferred p
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/23/13 — Foran Mining Corporation (TSX VENTURE: FOM) ("Foran" or the "Company") is pleased to announce that all resolutions were approved by shareholders of the Company at its May 22, 2013 Annual and Special Meeting of Shareholders. This included the election of directors, appointment of auditors, and approval of the Company-s stock option plan. The Information Circular with respect to the meeting is available at .The share
