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Foran Achieves Major Milestone with Energization of McIlvenna Bay Transmission Line

Newswire.ca - Mon Mar 23, 5:00AM CDT

Completed Ahead of Schedule and on Budget, Securing Renewable
Hydroelectric Power and Supporting Future Growth

VANCOUVER, BC, March 23, 2026 /CNW/ - Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) ("Foran" or the "Company") is pleased to announce the successful energization of the dedicated power transmission line connecting the Company's 100%-owned McIlvenna Bay Project in Saskatchewan (the "Project") to the electrical grid near Saskatchewan Power Corporation's ("SaskPower") Island Falls Hydroelectric Generating Station. The newly energized line was completed ahead of schedule and on budget, representing a significant infrastructure milestone for the McIlvenna Bay Project and providing secure, reliable and sustainable power to support the operation as the Company continues commissioning.

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