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Foran Mining (TSXV:FOM) announced it has filed an amended technical report for the preliminary economic assessment of the McIlvenna Bay project. There have been no changes to the preliminary economic parameters with the changes focusing on improving readability, an inferred resources warning to the economic results paragraph, a mineral tenure table and correcting the average thickness of the deposit.
According to the press release, the changes include:
- Added one merged appendix reference in TOC: Block Model Cross Sections and Level Plans;
- Added inferred resources warning to Economic Results paragraph in Executive Summary — p. 1-15 and Section 22.3 Economic Results;
- Added a mineral tenure table — p. 4-2;
- Added a Cash Flow Model — p. 22-7;
- Corrected the average thickness of the deposit — p. 16-1;
- NSR values removed from the resource tables — p. 1-7, 14-2 and 14-16; and
- Updated QP certificates in Appendix A.
Click here to read the Foran Mining (TSXV:FOM) press release
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