VMS Vortex Metals Inc

Foran Mining Corporation (TSX VENTURE:FOM) ("Foran" or the "Company") is pleased
to announce that the Company has engaged Roscoe Postle Associates Inc. ("RPA")
to complete an updated mineral resource estimate on its 100% owned McIlvenna Bay
Project ("McIlvenna Bay" or the "Project"), located in east central
Saskatchewan, 60 kilometres west of Flin Flon, Manitoba. A National Instrument
43-101 ("NI 43-101") compliant technical report will be prepared to support the
updated mineral resource estimate. It is anticipated that the updated mineral
resource estimate will be completed in the 4th quarter of 2011.


In the spring of 2011, the new management team at Foran completed a first-phase
drill program (the "Phase One Program") at McIlvenna Bay, with 5,081 metres
drilled in ten diamond drill holes. The primary objective of the Phase One
Program was to test the Copper Stockwork Zone (the "CSZ"), with the first nine
holes of the program outlining excellent continuity, grade and width of
copper-gold mineralization in the CSZ on three 50 metre spaced lines in the
central part of the deposit. The final hole of the Phase One Program was
successful in testing potential increased thickness of the down plunge extent of
the main zinc-rich massive sulphide horizon (Lens 2), and returned a broad
interval of zinc-silver-rich massive sulphides. For a summary of the results of
the Phase One Program see the Foran news release dated June 15, 2011 or visit
www.foranmining.com.


Patrick Soares, President and CEO of Foran commented: "I am excited to announce
today that work on an updated mineral resource estimate for McIlvenna Bay is
underway, with completion expected this fall. The results of our highly
successful Phase One Program exceeded our expectations; this new resource will
incorporate these results with the primary objective of beginning to bring the
extensive CSZ into the NI 43-101 compliant resource."


RPA is a global geological and mining consultancy with offices in North America
and the United Kingdom. RPA has extensive experience in the mineral resource
estimation of base metal projects, including Volcanogenic Massive Sulphide
("VMS") deposits. Its predecessor company, Scott Wilson Roscoe Postle Associates
Inc. ("Scott Wilson RPA"), prepared the current NI 43-101 compliant mineral
resource estimate for McIlvenna Bay (see below). RPA and Scott Wilson RPA are
independent of Foran.


About Foran Mining 

Foran is a diversified exploration and development company with projects in the
Flin Flon mining belt. The Company's flagship project is McIlvenna Bay, a VMS
deposit located in east central Saskatchewan, 60 kilometres west of Flin Flon,
Manitoba.


McIlvenna Bay is one of the largest undeveloped VMS deposits in Canada, with a
current NI 43-101 indicated mineral resource of 6.7 million tonnes grading 0.87%
copper, 6.51% zinc and 26.0 g/t silver and a further 6.0 million tonnes grading
0.83% copper, 5.89% zinc and 24.8 g/t silver in the inferred category, based on
copper and zinc prices of US$1.50/lb. and US$0.70/lb., respectively, and
recoveries of 81% for copper and 72% for zinc. The resource estimate calculated
NSR values based on projected mining and milling costs and used an NSR cut-off
of $50/tonne. Cut-off grades of 1.5% copper and 4.0% zinc were used for the
massive and semi-massive sulphide zones. For the CSZ, the cut-off was based on
geological boundaries, entire intersections, and a minimum width of three
metres, rather than on a specific cut-off grade. This resource estimate is
presented in an independent NI 43-101 technical report, dated November 27, 2006
and authored by Scott Wilson RPA. The report is available on SEDAR at
www.sedar.com or on the Company's website at www.foranmining.com. 


Foran trades on the TSX.V under the symbol "FOM".

Forward Looking Statements

This news release contains forward-looking statements. These statements are
based on information currently available to the Company and the Company provides
no assurance that actual results will meet management's expectations.
Forward-looking statements include estimates and statements that describe the
Company's future plans, objectives or goals, including words to the effect that
the Company or management expects a stated condition or result to occur.
Forward-looking statements may be identified by such terms as "believes",
"anticipates", "expects", "estimates", "may", "could", "would", "will", or
"plan". Since forward-looking statements are based on assumptions and address
future events and conditions, by their very nature they involve inherent risks
and uncertainties. Actual results relating to, among other things, results of
exploration, project development, reclamation and capital costs of the Company's
mineral properties, and the Company's financial condition and prospects, could
differ materially from those currently anticipated in such statements for many
reasons such as: changes in general economic conditions and conditions in the
financial markets; changes in demand and prices for minerals; litigation,
legislative, environmental and other judicial, regulatory, political and
competitive developments; technological and operational difficulties encountered
in connection with the activities of the Company; and other matters discussed in
this news release. This list is not exhaustive of the factors that may affect
any of the Company's forward-looking statements. These and other factors should
be considered carefully and readers should not place undue reliance on the
Company's forward-looking statements. The Company does not undertake to update
any forward-looking statement that may be made from time to time by the Company
or on its behalf, except in accordance with applicable securities laws.

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