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. 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 (TSX: FF) (OTCQX: FFMGF) has announced final drilling results from its 2024 East Extension Phase 1 diamond drilling program at the Springpole Gold Project in northwestern Ontario. The five-hole, 2,293m exploration campaign revealed significant mineralization expansion opportunities.
Key highlights include drill hole SP24-011, which returned two broad mineralization intervals: 0.75 g/t Au and 3.30 g/t Ag over 134.2m, and 0.67 g/t Au and 12.79 g/t Ag over 105.4m. The program successfully demonstrated potential to convert current 'waste' material into 'ore' within the existing Pre-Feasibility Study open-pit design, potentially reducing strip ratio and increasing processed ore tonnes.
The Springpole Project currently holds an Indicated Resource of 151 Mt at 0.94 g/t Au and 5.0 g/t Ag (4.6M oz gold, 24.3M oz silver) and Probable Reserves of 121.6 Mt at 0.97 g/t Au and 5.23 g/t Ag (3.8M oz gold, 20.5M oz silver).
First Mining Gold Corp. (FFMGF) has announced two new gold discoveries at its Duparquet Gold Project in Quebec, Canada from the 2024 Phase 3 diamond drilling program. The Miroir Zone discovery returned 3.12 g/t Au over 19.35 m, while the Aiguille Zone yielded 8.99 g/t Au over 3.1 m.
The drilling program identified 142 mineralized intercepts in 16 drill holes, demonstrating strong continuity between the Central Duparquet and Dumico target areas. The project currently has a mineral resource base of 3.44 Moz Measured & Indicated and 2.64 Moz Inferred resources.
The discoveries expand the CVD target area to a gold mineralization footprint extending 1,700 m east-west in a corridor approximately 500 m wide, with significant depth potential remaining underexplored.
First Mining Gold Corp. (TSX: FF) (OTCQX: FFMGF) has received a positive conformity determination from the Impact Assessment Agency of Canada (IAAC) for its Springpole Gold Project's Final Environmental Impact Statement (Final EIS). This milestone confirms that First Mining's work meets federal EIS guidelines requirements. The Final EIS, submitted on November 4, 2024, has now entered the technical review phase, which is expected to conclude in Q4 2025. The company will collaborate with Indigenous communities, regulators, municipalities, businesses, and the public throughout the review process to address questions and comments.
First Mining Gold Corp. (FFMGF) has announced new drilling results from its 2024 Phase 3 diamond drilling program at the Duparquet Gold Project in Quebec. The company completed 4,194 meters of drilling across six holes at the Buzz Zone and North Zone targets. Notable results include:
Buzz Zone: 1.55 g/t Au over 15.4 m (including 3.08 g/t Au over 5.3 m) and 1.19 g/t Au over 35.3 m. North Zone: 4.00 g/t Au over 5.70 m (including 6.65 g/t Au over 2.0 m). The drilling has extended the North Zone by 130m eastward and demonstrated potential resource growth at both targets.
First Mining Gold Corp. (FFMGF) announces significant drilling results from the Springpole Gold Project's East Extension program in northwestern Ontario. Key intercepts from drill hole SP24-007 include 0.83 g/t Au and 8.02 g/t Ag over 52.50m, and 0.61 g/t Au and 4.66 g/t Ag over 46.50m. The program demonstrates potential resource growth near the current proposed eastern pit wall.
The Phase 1 drill program, initiated in September 2024, has completed five drillholes totaling 2,293m, with assays pending for four holes. The Project currently holds an Indicated Resource of 4.6 Moz gold and 24.3 Moz silver, plus an Inferred Resource of 300 koz gold and 1.4 Moz silver.
First Mining Gold Corp. (TSX: FF) (OTCQX: FFMGF) has established an Independent Geotechnical and Tailings Review Board (IGTRB) for its Springpole Gold Project. The IGTRB, consisting of three world-class experts with over 40 years of experience each, will provide independent expert advice on key engineering components, including the Project's Co-Disposal Facility (CDF) for tailings and mine rock management. The board has reviewed and supported the design advancements made since the Pre-Feasibility Study, noting favorable geotechnical foundation conditions at the CDF location. The IGTRB will continue to inform all aspects of the CDF throughout the project's life cycle.
First Mining Gold Corp. (FFMGF) reported its Q3 2024 financial results, highlighting successful fundraising of over $15 million through brokered and non-brokered offerings. The company's cash and investments balance stood at $13.8 million, with an equity interest in PC Gold Inc. valued at $21.5 million. Key developments include the submission of the final Environmental Impact Statement for the Springpole Project, new gold discoveries at the Challenger Target with samples grading up to 26.6 g/t Au, and completion of Phase 3 drilling at Duparquet comprising 24 holes over 9,564 m. The company also entered into a Process Agreement with First Nations for an Anishinaabe-Led Impact Assessment.
First Mining Gold Corp (TSX: FF) (OTCQX: FFMGF) has submitted its Final Environmental Impact Statement/Environmental Assessment (Final EIS/EA) for the Springpole Gold Project in northwestern Ontario. The submission incorporates over 14 years of research and data collection, assessing more than 20 environmental and socio-economic factors. The project is expected to create over 43,000 person-years of employment and generate over $2 billion in government revenue. The Final EIS/EA demonstrates that the project will meet all regulatory requirements, including fish habitat offsetting and Canadian Water Quality Guidelines. The EIS/EA process is anticipated to conclude in Q4 2025, with a public comment period expected to close in Q1 2025.
First Mining Gold Corp. (TSX: FF) (OTCQX: FFMGF) has signed a Process Agreement with Cat Lake First Nation and Lac Seul First Nation to implement a community-based Anishinaabe-Led Impact Assessment (ALIA) for the Springpole Gold Project. The agreement provides capacity support and establishes a framework for meaningful participation in the project review through the Anishinaabe cultural perspective. The company aims to deliver significant infrastructure and economic benefits to Northwestern Ontario while ensuring respect and protection for the environment.
First Mining Gold Corp. (TSX:FF)(OTCQX:FFMGF) has announced new high-grade gold discoveries at its Birch-Uchi Greenstone Belt Exploration Project in Ontario, Canada. The 2024 follow-up field program at the Challenger target, located 12 km southwest of the company's Springpole Gold Project, has yielded four new gold occurrences with visible gold in grab and channel samples. Highlights include:
- Channel samples grading up to 6.53 g/t Au over 3 m (including 57.8 g/t Au over 0.3 m)
- Grab samples assaying up to 26.6 g/t Au, 20.3 g/t Au, and 7.73 g/t Au
- Expansion of the mineralization footprint from the original 2023 discovery area
- Identification of a new parallel trend called 'Charger'
The company believes these results demonstrate the district-scale potential around its flagship Springpole Gold Project, which is currently in the environmental assessment process.