Foran Mining Corporation (TSX VENTURE:FOM) ("Foran" or the "Company") is pleased
to announce the appointment of Mr. Marian (Mike) Koziol, P.Geo., as a Technical
Consultant to the Company. 


Mr. Koziol is an experienced and highly successful geologist, with over 30 years
in the mining and exploration industry and a number of Canadian base and
precious metal discoveries to his credit, including the McIlvenna Bay deposit
("McIlvenna Bay" or the "Deposit"). Mr. Koziol is a member of the Association of
Professional Geoscientists of Ontario and the Association of Professional
Engineers of Ontario and has served as the President and a Director of Alto
Ventures Ltd. since 2004. Previously, he held technical positions with the
Saskatchewan Mining Development Corporation and subsequently Cameco Gold Inc.
from 1978 to 2002. 


Patrick Soares, President and CEO of Foran commented: "We are happy to have Mike
join Foran as a Technical Consultant. He brings a depth of geological experience
to the Company, including a detailed knowledge of the discovery of McIlvenna
Bay, the geology and exploration history of the area and known mineral
occurrences around the Deposit." Mr. Soares continued, "We look forward to
having Mike as part of our technical team, in particular at this exciting time
as we begin the winter 2013 exploration drilling of our highly prospective
landholdings around McIlvenna Bay." 


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 property is located
in east central Saskatchewan, 65 km west of Flin Flon, Manitoba and contains
McIlvenna Bay, one of the largest undeveloped volcanogenic massive sulphide
("VMS") deposits in Canada. 


For additional information on McIlvenna Bay, see the report entitled "Technical
Report on the McIlvenna Bay Project, Saskatchewan, Canada" dated December 9,
2011 at www.sedar.com or www.foranmining.com. Roger March, VP Project
Exploration for Foran and a Qualified Person within the meaning of National
Instrument 43-101 has reviewed and approved the technical information in this
release. 


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Foran Mining Corporation
Patrick Soares
President & CEO
416-847-7310


Foran Mining Corporation
Fiona Childe
VP, Corporate Development
416-847-7310
ir@foranmining.com
www.foranmining.com
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