Foran Mining Recovers 93% Copper in Bigstone Testing

Foran Mining Corporation (TSXV:FOM) announced positive results for initial metallurgical testwork on the company’s 100-per-cent-owned Bigstone deposit. Bigstone is located in the Hanson Lake Camp in east-central Saskatchewan, approximately 25km southwest of the Company’s McIlvenna Bay deposit and 85km west of Flin Flon, Manitoba. As quoted from the press release:

The Program was conducted on composite drill core samples from each of the three main styles of mineralization at Bigstone, namely the Main Zone (Copper), Main Zone (Zinc) and Massive Sulphides (Zinc). The Main Zone (Copper) is the most significant of the three styles of mineralization. The program was designed to test the amenability of these styles of mineralization to produce copper and zinc concentrates. All styles of mineralization produced high-grade concentrates with good recoveries.
Highlights of the Program included:

• Recoveries of 93% Cu, 52% Au and 82% Ag to a copper concentrate grading 29.2% Cu, 1.9 g/t Au and 118 g/t Ag from the Main Zone (Copper),
• Recovery of 90% Zn to a zinc concentrate grading 55.3% Zn and recoveries of 43% Cu, 48% Au and 38% Ag to a copper concentrate grading 29.4% Cu, 7.7g/t Au and 238 g/t Ag from the Main Zone (Zinc),
• Recoveries of 90% Zn and 73% Ag to a zinc concentrate grading 54.1% Zn and 471g/t Ag from the Massive Sulphides (Zinc),
• Mineralization is amenable to conventional flotation processes to recover the base and precious metals to saleable concentrates, and
• Grindability testwork indicates moderate hardness for the three styles of mineralization.

Foran Mining President and CEO Patrick Soares stated:

Our winter 2015 infill drill program at Bigstone exceeded our expectations, with broad intercepts of high-grade copper and/or zinc mineralization in all holes drilled. The positive metallurgical results released today demonstrate that mineralization at Bigstone is amenable to the production of saleable copper and zinc concentrates using a conventional flotation circuit. Based on these results, Foran will review next steps to maximize the value of the Bigstone deposit.

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