The company hoping to develop a mine west of Flin Flon lost $1.07 million in the first nine months of 2014.
Foran Mining Corp., which owns the McIlvenna Bay deposit, reported the loss on Wednesday.
The loss compared to a $1.46-million loss for the first nine months of 2013, the Vancouver-based Foran said.
As of Sept. 30, 2014, Foran said it had a treasury of $3.36 million in cash and cash equivalents.