Bigstone

The Bigstone deposit is located within the Northern Lights Property, which lies west of McIlvenna Bay. Bigstone is Foran’s second NI 43-101 compliant deposit within the Hanson Lake District. Its initial resource estimate was announced in December 2020 and the Technical Report on the Bigstone Project (Amended) was filed on February 1, 2022 (2020 Resource Estimate), which was overridden in its entirety by the 2025 Technical Report on the McIlvenna Bay Project.

Key Stats

Grading 2.46% Copper Equivalent:

1.83%

Copper

0.98%

Zinc

0.28g/t

Gold

10.82g/t

Silver

Containing:

95 million lbs Cu

51 million lbs Zn

22,000 oz Au

820,000 oz Ag


Grading 2.28% Copper Equivalent:

1.44%

Copper

1.65%

Zinc

0.45g/t

Gold

11.45g/t

Silver

Containing:

63 million lbs Cu

72 million lbs Zn

29,000 oz Au

726,000 oz Ag


Foran drilled one of the longest mineralized intercepts in the region during its program in 2015, which returned 105m of 2.03% copper.

Location and Infrastructure

Bigstone is accessible via helicopter, boat or winter road.

Winter road access is 103 km from Flin Flon along Saskatchewan Provincial Highway 106 and 17 km south on a winter access trail. The Bigstone deposit lies approximately 25 kilometres west of Foran’s McIlvenna Bay deposit and is accessible in winter from Foran’s Hanson Lake exploration camp via a 51 km gravel road, highway 106 and winter roads.

Bigstone location legend
Bigstone location

Ownership

Foran owns a 100% interest in the Bigstone Property. Some of the claims that make up the property are subject to a 2% NSR.