Foran Mining Corp. (TSXV: FOM) announced this morning the final drill results from the recently concluded infill and step-out program at its McIlvenna Bay deposit in its 100%-owned Hanson Lake District. The results highlighted intersecting 4.69% copper equivalent over 3.67 metres.
The assays were gathered from five step-out holes. These final results will be included in the pending resource estimate for the deposit.
Highlights of the drill results announced today include:
Sponsored · Altamira Gold Corp.
- MB-21-246d1: 4.69% CuEq (3.20% copper, 0.75 g/t gold, 2.04% zinc, and 31.0 g/t silver) over 3.67 metres
- MB-21-244aw1: 1.80% CuEq (1.43% copper, 0.18 g/t gold, 0.51% zinc, and 9.2 g/t silver) over 39.30 metres
- including 4.44% CuEq (3.46% copper, 0.31 g/t gold, 1.41% zinc, and 27.1 g/t silver) over 1.80 metres
After concluding the drilling program at the McIlvenna Bay, the mining firm is shifting its focus on testing regional exploration targets and expansion of the Bigstone deposit.
Full details of the assay results can be accessed here.
Foran Mining Corp. last traded at $2.26 on the TSX Venture.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
