First Mining Stock Price, News & Analysis

First Mining Gold (TSX: FF / OTCQX: FFMGF) was named to the 2026 OTCQX Best 50, a ranking of the top 50 U.S. and international companies traded on the OTCQX market based on 2025 performance. The ranking uses an equal weighting of one-year total return and average daily dollar volume growth for the prior calendar year. Inclusion reflects the company’s 2025 market performance under OTCQX criteria, which emphasize transparent trading, financial standards, corporate governance, and securities law compliance. For the full 2026 OTCQX Best 50 list, refer to the OTC Markets ranking.

First Mining (OTCQX:FFMGF) released an updated socio-economic analysis for its 100% owned Springpole Gold Project in Ontario, Canada based on the updated PFS and the EA/EIS submitted in Nov 2024. The analysis estimates the Project can deliver 3,340 jobs per year during construction, 5,910 jobs per year during operations, and a total of over 67,000 person-years of employment.

The Updated Analysis projects the Project will generate over $7 billion in government tax revenue and contribute $15 billion to Canadian GDP. The company says the Project is nearing the end of provincial and federal EA/EIS processes and highlights contracting and Indigenous opportunities and regional infrastructure benefits.

First Mining Gold (OTCQX:FFMGF) filed a NI 43-101 Pre-Feasibility Study for its 100%‑owned Springpole Gold Project in Ontario with an effective date of Dec 1, 2025. The 2025 PFS supports a 30,000 tpd open‑pit mine and reports a pre‑tax NPV5% of US$3.2B at US$3,100/oz Au (US$5.6B at US$4,200/oz) and an after‑tax NPV5% of US$2.1B at US$3,100/oz (US$3.8B at US$4,200/oz).

Key metrics include a 9.4‑year LOM, average payable production of 330 koz/year (Years 1–5), initial capex of US$1,104M, LOM AISC of US$938/oz, after‑tax payback of 1.8 years, and after‑tax IRR of 41% at US$3,100/oz.

First Mining (OTCQX:FFMGF) announced receipt of total proceeds of C$6,410,045 following the exercise of 32,050,228 common share purchase warrants by First Majestic Silver on Dec 16, 2025 at $0.20 per warrant.

The Warrants were issued in connection with amended terms of a prior silver purchase agreement. First Mining said it intends to use the proceeds to advance its Springpole and Duparquet gold projects and for general working capital and corporate purposes.

After the exercise, First Majestic's stake increased to 47,379,944 common shares, representing 3.5% of First Mining's outstanding common shares.

First Mining (OTCQX:FFMGF) released an updated 2025 Pre-Feasibility Study for the 100%‑owned Springpole gold project in Ontario dated Nov 18, 2025. Key economics at a base gold price of US$3,100/oz: Pre-tax NPV5% US$3.2B and after-tax NPV5% US$2.1B; pre-tax IRR 54% and after-tax IRR 41%. The study models a 30,000 tpd open pit, LOM 9.4 years, initial capex US$1,104M, sustaining capex US$323M, and average annual production of 330 koz Au (Years 1–5) with AISC US$877/oz (Years 1–5) and US$938/oz LOM.

Updated MRE: Indicated 191 Mt @ 0.78 g/t Au = 4.8 Moz; Inferred 64 Mt @ 0.38 g/t Au = 0.8 Moz. The study highlights flotation + regrind + leach flowsheet, tailings co-disposal design, and sensitivity to gold price (NPV rising to US$5.6B at US$4,200/oz).

First Mining (OTCQX: FFMGF, TSX: FF) reported Q3 2025 results and operating highlights for the quarter ended September 30, 2025. Key items include a signed Long-Term Relationship Agreement with Mishkeegogamang First Nation for Springpole, an upsized public and non-brokered financing totaling $36,437,600, and the sale of the remaining 20% interest in Hope Brook for $3 million cash plus 7 million Big Ridge shares.

Exploration advances at Duparquet included multiple drill intercepts (e.g., 3.23 g/t Au over 25.9m and 1.43 g/t Au over 24.1m). Cash and marketable securities totaled $37.6 million and equity in PC Gold was $21.5 million. CFO Lisa Peterson resumes Nov 14, 2025; Director of Projects Vincy Benjamin joins Nov 24, 2025.

First Mining (OTCQX: FFMGF) reported additional 2025 drill results from the Miroir discovery at the Duparquet Project (Nov 10, 2025). The Company completed 16,577 m across the 2025 program and has drilled 22 holes at Miroir to date, with assays disclosed from 14 holes.

Key intersections include DUP25-078: 2.01 g/t Au over 29.8 m (incl. 15.70 g/t Au over 0.75 m and 18.20 g/t Au over 1.0 m), DUP25-077: 3.20 g/t Au over 15.75 m (incl. 22.50 g/t Au over 0.7 m), and DUP25-079: 1.76 g/t Au over 16.25 m. The Miroir zone is traced ~100 m along strike and ~100 m depth and remains open for expansion.

First Mining Gold Corp. (OTCQX: FFMGF) has announced significant drilling results from its Duparquet Gold Project in Quebec's Abitibi region. The highlight comes from the newly discovered Miroir target, where drill hole DUP25-064 returned 3.23 g/t Au over 25.9 m, including high-grade sections of 11.20 g/t Au over 2.0 m and 10.16 g/t Au over 1.4 m.

The Company has completed 20 holes totaling ~4,450 m at the Miroir target, which is located 225 m north of the Central Duparquet-Valentre-Dumico (CVD) target. The mineralization has been extended to a vertical depth of 100 m and a strike length of 140 m. The target remains open both up-dip toward surface and at depth. The broader 2025 drilling program has completed over 16,000 m to date, focusing on resource expansion across multiple zones.

First Mining Gold (OTCQX:FFMGF) has signed a significant Memorandum of Understanding (MOU) with the City of Duparquet for the development of the Duparquet Gold Project in Quebec. The agreement, ratified on September 15, 2025, establishes a framework for collaborative development between the city and the mining project.

Key elements of the MOU include the development of a co-habitation plan, mechanisms for residential property relocation, reconfiguration of the Duparquet golf course, and notably, First Mining's commitment to transfer over 100 acres of land to the City for municipal development. The company will also transfer residential lots held under historical emphyteutic leases located within the City but outside the project area.