Foran Mining agrees to potentially acquire Saskatchewan's Hanson Lake property from Voyageur for up to C$11M.
Foran Mining Corporation has entered into an agreement with Voyageur Mineral Explorers Corp. to potentially acquire the Hanson Lake property in Saskatchewan. Foran will pay C$1 million initially and has five years to decide on a C$10 million payment to own 100% of the property, with Voyageur retaining a 2.0% royalty. The deal strengthens Foran's position in a geologically promising area.
November 26, 2024
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