First Mining Stock Price, News & Analysis

First Mining Gold Corp. (OTCQX: FFMGF) reported significant Q2 2025 developments and financial results. The company successfully raised over $36 million through public offerings and private placements, with the marketed public offering closing at $12 million and the non-brokered offering at $24.4 million.

Key operational highlights include positive exploration results at the Duparquet Gold Project, featuring the discovery of the new "Minuit" zone with notable intersections of 2.25 g/t Au over 12.8m. The company also signed a crucial Long-Term Relationship Agreement with Mishkeegogamang First Nation for the Springpole Gold Project and sold its remaining 20% stake in the Hope Brook Gold Project for $3 million in cash and 7 million shares of Big Ridge.

As of June 30, 2025, First Mining maintained a cash and marketable securities balance of $5.8 million, with an equity interest in PC Gold Inc. valued at $21.5 million.

First Mining Gold (OTCQX: FFMGF) has successfully closed an upsized non-brokered private placement, raising $24.4 million. Combined with their July 22 public offering of $12.0 million, the company has secured total funding of $36.4 million.

The private placement consisted of 95 million units at $0.18 per unit ($17.1M) and 33.35 million flow-through units at $0.22 per unit ($7.337M). Each unit includes one common share and half a warrant, with warrants exercisable at $0.27 per share for 36 months.

Proceeds will fund the advancement of First Mining's Springpole and Duparquet gold projects, with flow-through funds specifically allocated for Canadian exploration expenses to be renounced by December 31, 2025.

First Mining Gold (OTCQX:FFMGF) has completed the sale of its 20% interest in the Hope Brook Gold Project, located in Newfoundland, to Big Ridge Gold Corp. (TSXV:BRAU). The transaction consideration includes C$3,000,000 in cash and 7,000,000 common shares of Big Ridge.

First Mining Gold (OTCQX:FFMGF) has successfully closed its over-subscribed public offering, raising gross proceeds of $12,000,600 through the issuance of 66,670,000 units at $0.18 per unit. Each unit consists of one common share and half a warrant, with each full warrant exercisable at $0.27 per share for 36 months.

The offering was conducted across Canadian provinces and territories (excluding Quebec) through a prospectus supplement. The proceeds will be used to advance the company's Springpole and Duparquet gold projects and for general working capital purposes.

CEO.CA, a leading investor social network for venture stocks, featured an exclusive interview with Dan Wilton, CEO of First Mining Gold (OTCQX: FFMGF) on their 'Inside the Boardroom' series. The interview focused on First Mining's significant long-term relationship agreement with Mishkeegogamang First Nation at the Springpole project.

The interview, available on CEO.CA's platform and YouTube channel, provides insights into the company's strategy and progress as Springpole advances toward production. CEO.CA, a subsidiary of EarthLabs, Inc., continues to serve as a prominent platform for investor engagement and mining industry updates.

First Mining Gold (OTCQX:FFMGF) has announced significant drilling results from its Duparquet Gold Project in Quebec's Abitibi region, including the discovery of a new gold zone named "Minuit". The key highlight is drill hole DUP25-059, which returned 2.25 g/t Au over 12.8 m, including 4.08 g/t Au over 4.0 m in the Minuit zone, located 75 m north of the historical Donchester Mine.

The same drill hole also intersected 1.21 g/t Au over 60.2 m in Zone 3, including 4.1 g/t Au over 4.3 m, confirming the continuity of gold mineralization. The company has completed approximately 9,300 meters of its planned 18,000-meter drilling program for 2025, utilizing two drill rigs since March 2025.

The Minuit discovery represents significant upside potential, aligning with previous drill results from hole DUP23-003 (3.47 g/t Au over 7.75 m) located 315 m to the west, suggesting an extensive new mineralized zone open for exploration.

First Mining Gold Corp. (OTCQX: FFMGF) has announced the sale of its remaining 20% interest in the Hope Brook Gold Project to Big Ridge Gold Corp. (TSXV: BRAU). The transaction, valued at C$3,000,000 in cash and 7,000,000 common shares of Big Ridge, will allow Big Ridge to consolidate 100% ownership of the project.

The deal is expected to close in Q3 2025 and aligns with First Mining's strategy to generate value from non-core assets while maintaining focus on their flagship projects at Springpole and Duparquet. First Mining will maintain exposure to Hope Brook's potential through its shareholding in Big Ridge.

First Mining Gold (OTCQX:FFMGF) has signed a significant Long Term Relationship Agreement (LTRA) with Mishkeegogamang First Nation for the development of the Springpole Gold Project in northwestern Ontario, one of Canada's largest gold resources.

The agreement, resulting from a five-year process of technical review and traditional knowledge study, establishes a framework for collaboration throughout the project's construction, operations, and closure phases. Key components include environmental management, training programs, employment opportunities, business partnerships, and financial benefits sharing.

The LTRA follows a 2021 process agreement and includes provisions for environmental monitoring, preferential training measures, economic participation, and the integration of Anishnaabe cultural safety measures.

First Mining Gold Corp. (FFMGF) has announced promising drilling results from its 2025 drilling program at the Duparquet Gold Project in Quebec. The program revealed significant gold intercepts at two key targets: At the Miroir discovery: - DUP25-052: 2.77 g/t Au over 11.1m (including 4.36 g/t Au over 6.5m) - DUP25-054: 1.41 g/t Au over 11.9m (including 2.52 g/t Au over 5.25m) At the Valentre target: - DUP25-054: 3.96 g/t Au over 9.3m (including 5.71 g/t Au over 5.8m) The company is executing an 18,000m drilling campaign with two drill rigs, focusing on expanding the resource at one of Quebec's largest gold development projects. The program has confirmed mineralization continuity both near surface and at depth, with the Valentre target showing promising results at 335m depth.