Foran's Target A Exploration to Resume After Spring Thaw

Foran Mining Corp.

VANCOUVER, BC--(Marketwired - April 17, 2017) - Foran Mining Corporation (TSX VENTURE: FOM) ("Foran" or the "Company") reports that an early onset of spring break up has postponed the conclusion of the winter 2017 exploration program at Target A. Drill hole MR-17-09 was stopped short of the interpreted depth of the Target A electromagnetic (EM) conductor. Excessive melting and run-off degraded the drill set up and access road to the point that it was not safe to continue drilling. A borehole electromagnetic survey (BHEM) will be conducted to better ascertain the location and characteristics of the deep conductor. Foran will assess its options to extend this drill hole after spring thaw.