Mr. Patrick Soares reports
FORAN BIGSTONE DEPOSIT UPDATE
Foran Mining Corp. is providing an update on advancements at the company's 100-per-cent-owned Bigstone copper-zinc deposit, located 25 kilometres southwest of Foran's McIlvenna Bay deposit in the Hanson Lake camp of east-central Saskatchewan.
Foran has now completed a summer program, which included the relogging/verification of select historic drill holes, petrographic studies of sulphide mineralization by an independent consultant, sampling of 2015 drill core for metallurgical testwork and the collection of detailed specific gravity data through the mineralized intervals from the 2015 winter drill program, in anticipation of completing a mineral resource estimate. Further compilation and geological interpretation of historic data to identify additional targets for subsequent exploration programs throughout Foran's 11,126-hectare Bigstone property are in progress.
Foran has awarded the contract for metallurgical testwork to Base Met Labs of Kamloops, B.C. This work is well under way, and a report is expected to be received by the company in early fourth quarter 2015.
Pending positive metallurgical results, Foran intends to proceed with a mineral resource estimate for Bigstone.
Roger March, vice-president, project exploration, for Foran and a qualified person within the meaning of National Instrument 43-101, has reviewed and approved the technical information in this release.
We seek Safe Harbor.
© 2024 Canjex Publishing Ltd. All rights reserved.