Foran Mining (TSXV:FOM) CEO Patrick Soares provided an update on the McIlvenna Bay Deposit near Flin Flon, Saskatchewan. The Company recently secured an agreement to end back-in rights at its Bigstone, Balsam and Hanson properties with Teck Resources. Mr. Soares says, “it’s a win for them, a win for us; it allows our shareholders to find other partners to spend their money on exploring without diluting us.” Mr. Soares adds that Foran Mining is currently working on a Preliminary Economic Assessment to give shareholders a “true valuation of the company.”