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copper investing

Foran Intersects Over 28 Metres of Copper Mineralization

Written by Scott Tibballs
|
May. 07, 2018 08:29AM PST

Foran Mining has announced results from two additional drill holes from its resource definition and expansion drill program at its McIlvenna Bay zinc-copper deposit in Saskatchewan.

Foran Mining (TSXV:FOM) has announced results from two additional drill holes from its resource definition and expansion drill program at its McIlvenna Bay zinc-copper deposit in Saskatchewan.

As highlighted in the press release:

These latest two holes targeted deeper parts of the McIlvenna Bay deposit, with intersections into each of the Upper West and Zone 2 massive sulfide zones.

Upper West: MB-18-199

  • 1.87 percent copper, 2.72 percent zinc, 27.26 grams per tonne (g/t) silver, and 1.35g/t gold over 4.46 metres, and
  • 1.38 percent copper, 0.13 percent zinc, 8.00 g/t silver, and 0.44 g/t gold over 28.17m in the copper stockwork zone.

Zone 2: MB-18-202

  • 4.45 percent zinc, 0.67 percent copper, 21.37 g/t silver, and 0.34 g/t gold over 6.70m, including 17.60 percent zinc, 0.90 percent copper, 32.16 g/t silver, and 0.25 g/t gold over 1.47m.

As quoted in the press release, president and chief executive officer of Foran Mining, Patrick Soares said:

“The mineralized zones of the McIlvenna Bay Deposit have been notably consistent and our understanding of the geological model has evolved during this latest program. We are encouraged by the results received to date and we believe McIlvenna Bay, while already a sizeable deposit, has potential to expand at depth.”

Click here to view the full Foran Mining Corporation (TSXV:FOM) press release.

copper investing drill program tsxv:fom
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