Foran Announces Additional Drill Results from Tesla
Highlight Intercept 4.11% CuEq over 34.3m Strike Length Extended by 150m and Remains Open in All Directions Borehole EM Surveys Underway to Better Define Additional Tesla Potential Foran Mining Corporation (TSXV: FOM) (OTCQX: …
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READ MOREMarch 30, 2023
Foran Announces Closing of C$100 Million Brokered Private Placement
Foran Mining Corp. (TSX-V: FOM) (OTCQX: FMCXF) is pleased to announce the successful completion of its previously announced C$100.0 million private placement. The Offering consisted of (i) 20,270,300 common shares of the Company at an …
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READ MOREMarch 27, 2023
Foran Announces Additional Drill Results from Tesla
Highlight Intercepts Include 3.58% CuEq over 16.9m and 2.61% CuEq over 32.1m Strike Length Now 400m and Remains Open in All Directions New Lower Zone Discovered in Footwall with Notable Gold Assays Fourth Drill Rig Deployed To …
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READ MOREMarch 6, 2023
Foran Announces Initial Drill Results from 2023 Winter Program at Tesla
Highlight Intercepts Include 4.04% Copper Equivalent over 17.4 Metres Tesla Strike Length Now Extended to 300m, Remains Open in All Directions Assays Pending for Two Holes Intersecting Sulphides Three Drill Rigs Now at Tesla Foran …
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READ MOREFebruary 16, 2023
Foran Obtains US$150M Project Finance Credit Facility in Significant De-Risking Milestone
Foran Mining Corporation (TSX-V: FOM) (OTCQX: FMCXF) is pleased to announce the closing of a US$150 million senior secured project credit facility with a fund managed by Sprott Resource Lending Corp. Funds from the Credit …
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READ MOREDecember 21, 2022
Foran Announces C$33.4M of Warrant Exercises by Fairfax
Foran Mining Corporation (TSX-V: FOM) (OTCQX: FMCXF) is pleased to announce that certain entities controlled by Fairfax Financial Holdings Limited have exercised its Warrants (as defined below) in advance of the expiration date. As part of a C$100 million private …
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READ MOREOctober 24, 2022
Foran Announces Follow-Up Drill Results from the Tesla Zone
Wedge Hole Intercepts 6.2% Copper Equivalent over 11.9 metres Step-out Hole 200m Along Strike Appears to Intersect Tesla Zone – Assays Pending Foran Mining Corporation (TSX-V: FOM) (OTCQX: FMCXF) is pleased to announce …
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READ MOREAugust 16, 2022
Foran Announces New Near-Mine Discovery
Drilling at newly discovered Tesla Zone encountered 200m of continuous massive and disseminated sulphides Assays received to-date highlight significant copper-zinc-gold mineralization Geophysical modelling suggests zone could reach to ~300m from Foran’s McIlvenna Bay …
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READ MOREJune 9, 2022
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