First Mining Stock Price, News & Analysis

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.

First Mining Gold (OTCQX:FFMGF) has announced significant drilling results from its Duparquet Gold Project in Quebec's Abitibi region. The company has completed ~16,000 meters of drilling in 2025, focusing on resource expansion targets.

Key highlights include the expansion of the Aiguille Zone, now delineated over a 100-meter strike length, with drill hole DUP25-058 returning 1.43 g/t Au over 24.1 meters, including 4.56 g/t Au over 4.0 meters. The Valentre target drilling yielded 2.80 g/t Au over 3.25 meters, including 4.93 g/t Au over 1.75 meters in hole DUP25-057.

The company has identified a favorable area with gold mineralization spanning 1.5 km by 0.5 km, encompassing the Central Duparquet-Valentre-Dumico (CVD), Aiguille, and Miroir targets.

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.