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Foran receives approval to operate permit for advanced exploration decline programme

Published by , Editor
Global Mining Review,

Foran Mining Corp. has announced the receipt of its initial approval to operate permit for its advanced exploration decline programme at its 100%-owned McIlvenna Bay project in Saskatchewan.

The approval to operate permit allows the company to operate pollutant control facilities for water and waste rock. Water pumped out of the decline will be placed into a lined containment pond on site, and waste rock will be placed on the now-completed lined waste rock pad.

As part of the advanced exploration decline programme, the company has completed the box-cut, initial underground excavation, jet grouting of the sandstone layer from surface, rock pad lining, and roadways. Foran has also completed construction of the containment pond, the ore and waste pad, and the establishment of mine services infrastructure for ventilation, air, and water to support decline development.

Dan Myerson, Foran’s Executive Chairman and CEO, commented: “The receipt of the approval to operate permit is another milestone for the company as we advance McIlvenna Bay through our ongoing pre-development programme, in line with our three-pillared strategy:

  1. Advance and build McIlvenna Bay.
  2. Explore and discover additional near-mine deposits across our significant and highly prospective land package.
  3. Deliver superior returns in relation to our Net Positive business.

“We look forward to sharing further updates and results from these exciting initiatives throughout 2022.”

Exploration decline technical overview

McIlvenna Bay’s exploration decline is expected to be ~1475 m in length down to a depth of ~90 m below surface. Approximately 850 m of ramp development is required to access the deposit where a single 100 m cross-cut will be developed into the hanging wall to facilitate bulk sample collection. The remaining development metres are attributable to a planned exploration drift. The company expects to mine a 4400 t bulk sample that will be used to confirm metallurgical test-work and further optimise processing design.

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