Foran Mining taps investors for McIlvenna Bay initial phase funding
McIlvenna Bay is currently host to the largest undeveloped VMS deposit in the Flin Flon region in Saskatchewan.
It looks like the silver price just won’t be stopped. Yesterday it surged by more than a dollar and breached the $42 an ounce mark to “a fresh 31-year high”, a phrase that may finally be replaced with simply “a record high” in another week or two based on the 1980 high for the silver price of about $48 an ounce and its current trajectory (click to enlarge image):
