Welcome to our dedicated page for First Mining news (Ticker: FFMGF), a resource for investors and traders seeking the latest updates and insights on First Mining stock.
First Mining Gold Corp. (OTCQX: FFMGF) generates frequent news related to its Canadian gold development portfolio, with a focus on the Springpole Gold Project in northwestern Ontario and the Duparquet Gold Project in Quebec. Company news releases, many of which are furnished to the SEC on Form 6-K, provide detailed updates on technical studies, exploration results, financings and community agreements.
News about Springpole includes announcements of an updated Pre-Feasibility Study and the filing of an NI 43-101 technical report that supports a 30,000 tonnes-per-day open pit operation. The company also reports on socio-economic analyses tied to the project’s updated PFS, describing potential employment, tax and gross domestic product contributions during construction, operations and closure phases. Updates on the Environmental Assessment process and a final Environmental Impact Statement/Environmental Assessment submission are also covered in its releases.
Coverage of the Duparquet Gold Project features regular exploration and drilling results from targets such as the Miroir, Aiguille, Central Duparquet–Valentre–Dumico, North Zone, South Zone and Minuit Zone. These articles summarize drill intercepts, discuss continuity of mineralization and outline how results are being integrated into geological and exploration models. Additional news highlights agreements with the City of Duparquet and other stakeholders.
Investors following FFMGF news can also expect updates on quarterly financial results, public and private offerings, project interest sales, and the company’s relationships with Indigenous communities, such as the Long-Term Relationship Agreement with Mishkeegogamang First Nation for Springpole. This news page brings together these disclosures so readers can review the company’s project development and corporate activities over time.
First Mining Gold (OTCQX: FFMGF) reported audited 2025 results and operating highlights on March 31, 2026. The company closed the Cameron sale, holds a $45.3M cash balance and a $21.5M equity interest in PC Gold as of Dec 31, 2025.
Notable 2025 activity includes a 16,577 m Duparquet drill program with high-grade intercepts, a positive Springpole pre-feasibility study (NI 43-101, Dec 1, 2025), and filing of a Canadian base shelf prospectus and Form F-10 in Feb 2026.
First Mining Gold (OTCQX:FFMGF) closed the sale of the Cameron Gold Project to Seva Mining on March 10, 2026.
First Mining received C$5,000,000 in cash and 80,000,000 Seva common shares representing approximately 48% of Seva, and appointed two directors to Seva's board.
First Mining (OTCQX: FFMGF) reported results from its 2025 Duparquet drilling and an update on project work. The company completed 16,577 m of drilling in 2025 and extended the Miroir target to a vertical depth of 250 m. Key intercepts include 3.74 g/t Au over 15.5 m, 7.18 g/t over 8.0 m (incl. 30.58 g/t over 1.65 m), and 1.56 g/t over 33.15 m. First Mining also commenced a comprehensive environmental baseline program to support regulatory progress and plans further 2026 drilling focused on resource growth targets.
First Mining (OTCQX:FFMGF) filed a final short form base shelf prospectus and a Form F-10 registration statement on Feb 24, 2026, replacing its Jan 23, 2024 shelf. The filings permit offerings of securities up to C$500 million over a 25-month effective period.
The company has not authorized or offered any securities yet; specific offering terms and use of proceeds will be disclosed in future shelf prospectus supplements.
First Mining (OTCQX:FFMGF) disclosed that joint‑venture partner FireFly Metals agreed to sell its 70% interest in PC Gold (Pickle Crow Project) to Bellavista Resources (ASX:BVR) for 60 million Bellavista shares (A$45 million value) plus A$37.5 million in Bellavista performance rights.
Bellavista is raising A$25 million at A$0.75 per share and intends to increase its PC Gold stake to 80% by exercising a buydown right (C$3 million cash), reducing First Mining's interest from 30% to 20%; closing is expected in Q2 2026.
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).