Foran Mining Corp.: Further Thick Intervals of Mineralization Bolster Central Tesla Zone
Press Release
Tesla Zone Expansion Potential Highlighted with New Borehole EM Survey Tesla Zone Copper Lens 2 Extended by 80m Along Strike Further Extension of McIlvenna Bay Mineralization Achieved Down Plunge
Vancouver, BC (June 17, 2025) – Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) (“Foran” or the “Company”) is pleased to announce additional results from the 2025 drill program at Tesla and the Bridge Zone where approximately 28,500 metres (“m”) of drilling was completed in 32 drill holes and wedges, mostly focused on infill and increased definition of the mineralized lenses of the Tesla Zone. The Telsa and Bridge zones are part of the Company’s 100%-owned McIlvenna Bay Project located in east-central Saskatchewan.
Click Here to Watch Erin Carswell, Foran’s VP Exploration, discuss the Company’s latest exploration results
The results from ten drill holes and wedges are provided in this release, which all intersected multiple lenses of copper and/or zinc-rich mineralization. The infill drill program continues to confirm the continuity of robust lenses of mineralization across both the Tesla Zone and the Bridge Zone, and provides another significant extension of the mineralized horizons at the McIlvenna Bay Deposit. The 2025 drill holes targeted a series of larger gaps (+200m) in the current drill hole spacing across Tesla and the tenor of the results returned to date should have a positive impact as the Company continues to work towards the completion of a maiden resource estimate for the Tesla Zone. The results from an additional 14 drill holes completed at the Tesla and Bridge zones during the 2025 winter program remain pending at this time.
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