Foran Mining Corporation

Foran Mining Corporation

March 30, 2005 12:17 ET

Foran Announces Director and Management Changes


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: FORAN MINING CORPORATION

TSX VENTURE SYMBOL: FOM

MARCH 30, 2005 - 12:17 ET

Foran Announces Director and Management Changes

SASKATOON, SASKATCHEWAN--(CCNMatthews - March 30, 2005) - Foran Mining
Corporation (TSX VENTURE:FOM) wishes to announce changes to its Board of
Directors and management team.

The management of the North Star exploration program currently in
progress has been assumed by Ernie Guiboche. Mr. Guiboche has worked in
the Greenstone and Nickel Belts of Northern Manitoba for the past 49
years. He has held progressively senior positions, most recently with
the New Britannia mine at Snow Lake as the Senior Exploration Geologist.
The aggressive exploration program at the North Star Lake site
continues, with a goal of extending the reserves prior to mining start
up.

Steve Davies has resigned as manager of the North Star mining and
milling operation, effective March 31, 2005.

At the Shareholders meeting held March 29 Steve Masson resigned his
Directorship. The shareholders determined that the Board of Directors
shall be comprised of Terry Summach, Donald Kennedy, Wayne Clifton, Ron
Dearman, and Brad Summach. David Kennedy and Laara Shaffer are not
returning to the Board, and the company thanks them for their past
service as directors.

The Directors confirmed that the officers will be Terry Summach,
President and CEO, Brad Summach, Vice-President, Bob Nylen, General
Manager, and Allyson Stephens, Corporate Secretary. The corporate office
will be located in Saskatoon.

The company wishes Steve Masson well in his ongoing endeavours.

On behalf of the Board of Directors of

FORAN MINING CORPORATION

Terry Summach

Chairman

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Foran Mining Corporation
    Terry Summach
    Chairman
    (306) 956-0157
    (306) 956-0158 (FAX)
    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this news release.