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Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) ("Foran" or the "Company") is pleased to announce the selection of G Mining Services ("GMS") as its partner in the formation of the integrated project management team ("IPMT") for construction of its 100%-owned McIlvenna Bay Complex (the "Project") in Saskatchewan.
Bluestone Resources Inc.: Bluestone Increases NPV of Cerro Blanco by over 275% to $907 Million and Peak Gold Production to over 300 koz per Year 7.5:1 0.78:1 277,000 ounces 231,000 ounces Mine life G&A - $2.28/tonne milled Total operating costs $570/oz Au $642/oz Au $173 M $272 M per year (years 1-4) Total production after-tax free cash flow $2.0 B IRR (after-tax) 28.5% (base case), 36% ($1,800/oz gold) *all in sustaining cash costs (net credits) = (operating costs + offsite costs + royalties + sustaining and closure capital - value of payable silver ounces) / payable gold ounces Table 2 - Ec...