The Reminder is making its archives back to 2003 available on our website. Please note that, due to technical limitations, archive articles are presented without the usual formatting.
Jonathon Naylor Editor Impressive drill results continue to emanate from a large ore body west of Flin Flon, a junior miner announced Tuesday. Foran Mining Corp. said assay results from four recent holes at its McIlvenna Bay Project are as encouraging as those that preceded them. "These most recent holes...continue to return robust copper grades and widths," Patrick Soares, president and CEO of the Saskatoon-based company, said in a news release. Also revealed, he said, is "good continuity" in a previously identified copper stringer zone, the primary target of the drilling. Soares said drills are also entering "zones of high-grade massive sulphide mineralization" on which a mineral resource estimate for the ore body is based. The four holes were part of a phase one drill program recently completed at McIlvenna Bay, located in Saskatchewan 60 km west of Flin Flon. Assay data Results from nine holes have now been publicized. Foran said data from the 10th hole will be released once assay data becomes available. Foran called McIlvenna Bay, its flagship project, "one of the largest undeveloped VMS (volcanogenic massive sulphide) deposits in Canada." Foran said the deposit contains an indicated mineral resource of 6.7 million tonnes and a further six million tonnes in the less reliable "inferred" category. Neither the TSX Venture Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of information supplied by Foran.
