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Indicated resource grows at McIlvenna Bay site, now over 39 million tonnes: Foran

Foran Mining appears to have found a much bigger resource at McIlvenna Bay than initially thought.

Foran Mining Announces Completion of Strategic C$100 Million Private Placement by Fairfax

Foran Mining Announces Completion of Strategic C$100 Million Private Placement by Fairfax
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McIlvenna Bay Becomes the World s First Carbon Neutral Copper Development Project Following Completion of Carbon Offset Purchases

McIlvenna Bay Becomes the World s First Carbon Neutral Copper Development Project Following Completion of Carbon Offset Purchases News provided by Share this article Share this article VANCOUVER, BC, May 18, 2021 /CNW/ - Foran Mining Corporation (TSXV: FOM) (OTCQX: FMCXF) ( Foran or the Company ) is delighted to announce that its 100% owned McIlvenna Bay project ( McIlvenna Bay or the Project ) is now the world s first carbon neutral copper development project following the completion of carbon offset purchases to offset emissions from exploration activities undertaken at the Deposit over the past 10 years.  A copy of the Company s GHG Inventory Report can be found on our website.

Today s Market View - Empire Metals; Bushveld Minerals; IronRidge Resources; Scotgold Resources; Vast Resources and more

Today s Market View - Empire Metals; Bushveld Minerals; IronRidge Resources; Scotgold Resources; Vast Resources and more
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McIlvenna Bay set to become first carbon neutral copper development project

Advertisement Foran Mining Corp. has announced that its 100% owned McIlvenna Bay deposit will become the world’s first carbon neutral copper development project. The company has partnered with leading carbon measurement firm and sustainability advisory firms, Carbonzero and Synergy Enterprises, to accurately record its emissions and purchase verified offsets for the carbon emitted from all exploration activities over the past 10 years at the deposit. The move underscores Foran’s commitment to building the world’s first fully carbon-neutral copper mine and is part of its broader mission to create a blueprint for responsible mining that causes the least possible harm from day one through the innovative use of technology, renewable energy and fleets of electric vehicles and equipment. By offsetting the carbon emitted in the exploration phase, Foran aims to ensure that it accounts for the entire impact of the project from development, through to operations, to eventual closure.

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