McIlvenna Bay Project Wildfire Update
Press Release
Vancouver, BC (June 2, 2025) – Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) (“Foran” or the “Company”) is pleased to provide an update regarding the regional wildfires near its McIlvenna Bay Project (the “Project”). Following the safe and orderly evacuation of approximately 540 non-essential personnel on May 22, 2025, a team of 44 employees and specialized wildfire contractors remained on site to implement a strategic asset protection plan. As conditions evolved, the wildfire advanced in several directions, including westward towards the McIlvenna Bay site. During this period, Foran installed additional fire attenuation systems, reinforced firebreaks, and worked in close coordination with on-site personnel and wildfire specialists to ensure the continued protection of critical infrastructure.
Favourable weather conditions in recent days have played a key role in slowing the fire’s advance. Additionally, constructed firebreaks, and natural barriers such as marshes and wetlands have helped contain the active fire edge, which has not advanced beyond approximately one kilometre from the tailings storage facility and approximately three kilometres from main site infrastructure. While the regional wildfire is still categorized as not contained, conditions at site are stabilizing, with no present need to deploy fire attenuation systems and no damage sustained to any project infrastructure.
The safety of our people has remained our highest priority throughout this event, and we are pleased to confirm that all employees and contractors are safe and accounted for. We commend the outstanding dedication and professionalism of the team under challenging conditions and look forward to providing a further update on our plans to return to site and resume construction operations in due course.
Gilbert Lamarche, Foran’s Chief Operating Officer, commented, “Having worked closely alongside the team throughout this wildfire, I’ve witnessed onsite the incredible commitment of our dedicated employees who chose to remain on site to protect McIlvenna Bay. Together, they’ve done exceptional work safeguarding our people and infrastructure during this event. I’m extremely proud of the resilience and unity shown by everyone here, and I look forward to resuming regular construction operations soon.”
Foran Executive Chairman & CEO, Dan Myerson, stated, “I cannot begin to express how proud I am of our team, both on and off site, who have acted with unwavering focus and courage to protect, first and foremost, our people. Their efforts in safeguarding McIlvenna Bay have been nothing short of outstanding, and we look forward to resuming our work with pride and forward momentum. More importantly, we must take a moment to reflect on the broader and ongoing wildfire threat affecting communities, families, and colleagues across Saskatchewan and Manitoba, including many local Indigenous communities with whom we share deep ties. At Foran, our thoughts are with everyone impacted, and we remain steadfast in our hope for safety, strength, and support for all during this challenging time.”
Wildfire Map – note natural barriers such as marshes and wetlands helping contain active fire edge near site. Also to note significant fire breaks around the site perimeter
Sprinkler Systems Installed Across Site Infrastructure for Fire & Ember Protection
Core Farm – Increased Firebreaks Surrounding Key Assets
Foran Employees and Contractors on Site
For Additional Information & Media Enquiries:
Foran:
Jonathan French, CFA
VP, Capital Markets & External Affairs
409 Granville Street, Suite 904
Vancouver, BC, Canada, V6C 1T2
ir@foranmining.com
+1 (604) 488-0008
ILR5
