VMS Vortex Metals Inc

Foran Mining Corporation (TSX VENTURE:FOM) ("Foran" or the "Company") has today
filed on SEDAR a National Instrument 43-101 compliant technical report (the
"Report") entitled "Technical Report on the McIlvenna Bay Project, Saskatchewan,
Canada", dated December 9, 2011, and prepared by Mr. David W. Rennie, P.Eng., of
Roscoe Postle Associates Inc. ("RPA"). Mr. Rennie is a Qualified Person as
defined in National Instrument 43-101 and both Mr. Rennie and RPA are
independent of Foran. The Report is in support of a new mineral resource that
includes the Copper Stockwork Zone at Foran's 100% owned McIlvenna Bay Project
in east central Saskatchewan, as outlined in the Company's news release dated
November 2, 2011. The Report can be found on the Company's SEDAR profile at
www.sedar.com or at www.foranmining.com. 


As announced by the Company in the Foran news release dated November 24, 2010,
Mr. Patrick Soares, President and CEO of Foran, subscribed to a private
placement financing of 2,000,000 Units, with each Unit consisting of one common
share of Foran and one-half of one common share purchase warrant (a "Warrant").
Each whole Warrant entitles the holder to acquire one common share of Foran for
$0.70 for a period of five years from closing and the Warrants are subject to
certain conditions to vest. Subject to approval of Foran's Board of Directors, a
third tranche of 250,000 warrants will vest, as Foran has completed an updated
technical report in accordance with National Instrument 43-101 which includes
the Copper Stockwork Zone.


About Foran Mining 

Foran is a diversified exploration and development company with projects in the
Flin Flon Mining Belt. The Company's flagship McIlvenna Bay Project is a large
volcanogenic massive sulphide ("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
total indicated resources of over 12 million tonnes ("Mt") and total inferred
resources of almost 10 Mt. This is comprised of a 2011 Resource in the Copper
Stockwork Zone of 5.56 million tonnes ("Mt") at a grade of 1.55% Copper ("Cu"),
11 grams of silver per tonne ("g/t Ag"), 0.53 grams of gold per tonne ("g/t Au")
and 0.27% Zinc ("Zn") (or 1.91% CuEq) in the indicated category and a further
inferred resource of 3.57 Mt at a grade of 1.48% Cu, 10 g/t Ag, 0.35 g/t Au and
0.43% Zn (or 1.81% CuEq), using a 1.1% CuEq cutoff. An additional 2006 Resource
for the massive and semi-massive sulphides includes 6.51 Mt at a grade of 6.60%
Zn, 26 g/t Ag, and 0.82% Cu in the indicated category and a further inferred
resource of 6.00 Mt at a grade of 5.89% Zn, 25 g/t Ag and 0.83% Cu, using a
$50/t NSR cutoff. For additional information see the Foran news release dated
November 2, 2011 at www.sedar.com or 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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