07:08 AM EST, 11/17/2025 (MT Newswires) -- Foran Mining ( FMCXF ) on Monday provided an update on construction activities in October at the McIlvenna Bay project in Saskatchewan, with the project now about 72% complete.

McIlvenna Bay remains on schedule for commercial production in mid-2026 and continues to track on budget.

Key surface construction milestones included commencement of the installation of tower structures for the 110-kilovolt transmission line, progress on the main on-site electrical substation and near completion of the assay lab.

Underground development advanced 568 meters in October, in line with performance in the previous months. Ore stockpile growth continued with 15,000 tonnes of ore reporting to stockpiles in October and total ore inventory of about 138,000 tonnes at the end of the month.