Exciting New Drill Results Indicate Growth for Foran Mining
All 2025 Tesla Drill Holes Successfully Hit Mineralization
Foran Mining Corporation (TSX:FOM) is pleased to share significant findings from the recent drilling operations at its Tesla and Bridge Zones. Every drill hole executed in their 2025 winter-spring project has successfully intersected mineralization, confirming the presence of valuable mineral deposits. This outcome indicates a substantial opportunity within the precious metals sector for the company.
Growing Precious Metals Opportunity
The current drilling campaign has resulted in the confirmation of mineralization across various locations in the Tesla Zone. All 32 holes drilled during this program, amounting to nearly 28,500 meters, showcased rich intersections of copper, zinc, and in some cases, promising gold and silver grades.
Key Highlights from Tesla Zone
The Tesla Zone is demonstrating considerable growth potential, with drill intersections illustrating additional strong mineralization over 1.35km and remaining open down-dip and along strike. A focused drilling program this summer aims to expand the zone’s footprint.
Notable Intercepts from Recent Drilling
Among the highlights released are:
- 6.9m at 2.16% Cu, 3.72% Zn, 29.3 g/t Ag, and 0.62 g/t Au from drill TS-25-38w2.
- 16.5m at 2.20% Cu, 1.39% Zn, and 11.5 g/t Ag from BZ-25-02w1.
- Noteworthy gold and silver grades have surfaced, particularly in the central sections of the Tesla Zone.
Exciting Future Drilling Plans
With the encouraging results from the winter-spring program, Foran Mining has ramped up its drilling efforts for the summer season. Two drill rigs are currently targeting the down-dip extension of the Lower Lens while also rotating the focus to maintain high-grade mineralization continuity in the northern area of the Main Lens.
Plans for a Maiden Resource Estimate
The data collected from this drilling program is poised to contribute positively towards preparing a maiden resource estimate for the Tesla Zone. The ongoing drilling aims to affirm the discovery of a larger and vertically extensive deposit.
Mineralization Details Across the Tesla Zone
The extensive drilling has outlined multiple lenses rich in copper and zinc throughout the Tesla Zone. The results not only provide a glimpse into the company’s potential but also solidify its position in resource exploration, paving the way for future development projects.
Expert Insights from Foran's Vice President
Erin Carswell, Foran's VP Exploration, remarked: "With the results from the 15 recently drilled holes, we have achieved excellent coverage and improved our understanding of the mineralization. Copper and gold grades are increasing down-dip, while thick intervals of mineralization continue southward. Our targeted summer drilling program is designed to further advance resource planning and highlight the Tesla Zone’s substantial growth potential.”
Quality Control and Assurance Measures
Foran Mining exercises stringent quality control and assurance measures in its drilling activities. All samples are assessed through the Saskatchewan Research Council's accredited laboratory, ensuring reliable and accurate assay results. Each batch includes quality check references to maintain data integrity throughout the drilling program.
About Foran Mining
Foran Mining Corporation is committed to responsible exploration and development of mineral resources, contributing positively to the communities it operates within. The company has taken a lead role in developing new sustainable mining practices while aiming to create long-term value for stakeholders.
Frequently Asked Questions
What recent drilling results has Foran Mining announced?
Foran Mining has announced that all holes drilled in its 2025 program positively hit mineralization with notable copper and zinc readings.
How is Foran Mining expanding its drilling program?
The company has activated two drill rigs focusing on further exploring the Tesla Zone for additional mineralization and resource estimates.
What does the summer drilling program entail?
The summer program will test down-dip expansion potential and focus on high-grade continuity in the northern section of the Tesla Zone.
What are the future plans for the Tesla Zone?
Foran Mining aims to undertake resource estimation projects based on the promising results of ongoing drilling efforts, solidifying the mineralization potential of the Tesla Zone.
How does Foran Mining ensure assay quality?
The company uses accredited laboratories to conduct assays, incorporating rigorous quality assurance and control processes throughout its drilling operations.
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