FORAN MINING

The Company is focused on zinc and copper resource development in the Hanson Lake VMS Camp in east-central Saskatchewan, in an area of excellent infrastructure, an hour’s drive from the world class Flin Flon Mining Camp. The Hanson Lake Camp is an emerging zinc-copper base metal district similar to nearby Flin Flon and Snow Lake. The formation of clusters of massive sulphide deposits is a common characteristic of VMS belts worldwide, which make them attractive target areas for exploration and development. The Company’s long-term strategy is to develop and build a new Canadian zinc-copper base metal mining camp centered on Foran’s 100% owned McIlvenna Bay deposit.