First Mining Gold Corp. reports developments for a Canadian gold-development portfolio led by the Springpole Gold Project in northwestern Ontario and the Duparquet Gold Project in Quebec's Abitibi region. Company updates commonly address Springpole permitting, environmental assessment materials, feasibility-study work and socio-economic analysis, as well as Duparquet exploration drilling, environmental baseline work and the PEA-stage development profile on the Destor-Porcupine Fault Zone.
News also covers First Mining's project interests and capital actions, including its 20% interest in the Pickle Crow Gold Project through PC Gold, its equity interest in Seva Mining following the completed Cameron Gold Project sale, and shelf prospectus or registration-statement activity tied to financing flexibility.
First Mining Gold Corp. (TSX:FF)(OTCQX:FFMGF) announced that Auteco Minerals Ltd has successfully met the initial $750,000 exploration expenditure requirement for the Pickle Crow Gold Project in Ontario. This milestone was reached just four months after starting the exploration program, which includes a total of 10,000 metres of drilling. Auteco must spend an additional $4.25 million over two years to earn a 51% interest in the project. With A$4.8 million in cash and additional fundraising, Auteco is well-positioned for further exploration.