VMS Vortex Metals Inc

Foran Mining Corporation (TSX VENTURE:FOM) ("Foran" or the "Company") is pleased
to announce the Company has commissioned a ground-based, deep-penetrating
time-domain electromagnetic ("DEEP EM") geophysical survey on its McIlvenna Bay,
Hanson and Balsam properties, in proximity to Foran's 100% owned McIlvenna Bay
deposit ("McIlvenna Bay" or the "Deposit"). 


The DEEP EM survey will be conducted by Koop Geotechnical Services Inc.
("KGSI"). Previously, KGSI was involved in the identification of the geophysical
target associated with the Lalor volcanogenic massive sulphide ("VMS") deposit
of HudBay Minerals Inc. in the Snow Lake area. In concert with KGSI, overall
technical guidance will be provided by Foran's geophysical consultant in3D
Geoscience Inc. 


Patrick Soares, President and CEO of Foran commented: "VMS deposits typically
form in clusters, as evidenced by the many VMS deposits discovered in the nearby
Flin Flon mining camp, with 16 deposits and the Snow Lake mining camp with 9
deposits. To the west of Flin Flon, in and around Foran's 43,000 hectare
landholdings, we already know of our large McIlvenna Bay deposit, a small
high-grade past producer, several zones with historic mineral resource estimates
and numerous showings and occurrences, thereby demonstrating the clustering of
VMS mineralization in the McIlvenna Bay area." Mr. Soares continued, "The DEEP
EM survey will focus on identifying conductive targets within the highly
prospective volcanic stratigraphy that hosts the McIlvenna Bay deposit, with the
objective of identifying new zones or lenses of VMS mineralization under cover".



Work on the DEEP EM survey will commence immediately and is anticipated to take
four to six weeks to complete, allowing for the potential to test high priority
targets in the later part of the winter 2013 drill program, which commenced in
mid-January (see Foran news release dated January 14, 2013). The DEEP EM survey
will cover eleven kilometres of strike extent, including 7 kilometres of the
stratigraphic package that hosts the McIlvenna Bay deposit ("McIlvenna Bay" or
"the "Deposit") and an additional 4 kilometres to the southeast around Foran's
Balsam zone. 


The McIlvenna Bay, Balsam and Hanson properties are owned 100% by Foran; Teck
Resources Limited holds back-in rights on the Balsam and Hanson properties. 


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 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 law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Foran Mining Corporation
Patrick Soares
President & CEO
409 Granville Street, Suite 904
Vancouver, BC, Canada, V6C 1T2


Foran Mining Corporation
Fiona Childe, VP, Corporate Development
120 Adelaide Street West, Suite 2500
Toronto, ON, Canada, M5H 1T1
416-847-7310
ir@foranmining.com

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