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Foran weighs drill program expansion for McIlvenna Bay on results, $100M investment - Canadian Mining Journal


Foran weighs drill program expansion for McIlvenna Bay on results, $100M investment
June 1, 2021
Commodities
McIlvenna Bay. Credit: Foran Mining
Foran Mining (TSXV: FOM) is considering expanding the 30,000-metre drill program under way at its McIlvenna Bay project in Saskatchewan after receiving encouraging results and a deal with Fairfax Financial Holdings for a $100-million investment.
Drilling at McIlvenna Bay continues to define a band of thick, copper-rich mineralization in the Massive Sulphide (MS) and underlying Copper Stockwork zones (CSZ) at the project, including in Hole 216w1, which hit one of the widest high-grade copper intercepts to date.
The infill hole encountered all four zones of the VMS deposit with 40 metres of mineralization reported over a 45-metre length. That included 28.7 metres of continuous mineralization grading 2.05% copper equivalent crossing both the MS and CSZ. The bulk of the intercept, 25.3 metr ....

Hanson Lake , Dan Myerson , Fairfax Financial Holdings , Foran Mining , Mcilvenna Bay , Massive Sulphide , Copper Stockwork , Stringer Zone , Hanson Lake District , Flin Fon , ஹான்சன் ஏரி , டான் ம்யேர்சோன் , ஃபேர்ஃபாக்ஸ் நிதி ஹோல்டிங்ஸ் , ஃபோரன் சுரங்க , ஸ்ட்ரிங்கர் ஸோந் , ஹான்சன் ஏரி மாவட்டம் ,

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
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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. ....

Zimbabwe General , Flin Flon , British Columbia , Pierre Lassonde , Dan Myerson , Phil Elwood , Regulation Services Provider , Foran Mining Corporation , Mcilvenna Bay , Kariba Forest Protection , Ecosystems Conservancy Project , Executive Chair , Ilvenna Bay , Flin Flon Greenstone Belt , Snow Lake , Mcilvenna Bay Deposit , Bigstone Deposit , Mcilvenna Bay Project , Executive Chairman , Media Contact , ஸிஂபாப்வே ஜநரல் , ப்லிங் ப்ளொங் , பிரிட்டிஷ் கொலம்பியா , பியர் லஸ்ஸொந்தே , டான் ம்யேர்சோன் , ஒழுங்குமுறை சேவைகள் வழங்குநர் ,