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Foran Mining Announces Positive Pre-Feasibility Study Results for McIlvenna Bay-2020 China(Guangzhou)Int’l Non-Ferrous Metal（Copper）Exhibition
3/16/2020 - Copper exhibition -non-ferrous metals expo |
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Foran Mining Corporation announced the results of a positive Pre-Feasibility Study for Foran’s 100% owned McIlvenna Bay zinc-copper volcanogenic massive sulphide deposit in east-central Saskatchewan. President & CEO Patrick Soares said “We assembled a project team that has deep experience with projects similar to McIlvenna Bay to prepare this pre-feasibility study. We are proposing a modern underground mine supported by surface infrastructure designed to take into account feedback we have received from local communities. We are committed to taking the project through feasibility and into production in a safe, responsible manner that will provide economic benefits to the region for years to come. We are now in a position to advance discussions with potential investors with experience developing similar mines as we explore the best way to credibly and safely build and operate McIlvenna Bay. Our goal, as always, is to maximize value per share.”
McIlvenna Bay is currently the largest undeveloped deposit in the Flin Flon Greenstone Belt and the second largest deposit discovered in the region. The Project is located in a top mining jurisdiction within a producing district, with known geology and a limited physical footprint. All results in this release are reported in Canadian dollars, unless otherwise indicated.
有色金属展-铜材展-2020年广州国际有色金属工业（铜业）展览会
-2020 China(Guangzhou)Int’l Non-Ferrous Metal（Copper）Exhibition
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