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The City of Duparquet and First Mining Gold Sign Historic Memorandum of Understanding for Community Development and Collaboration on the Duparquet Gold Project

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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) ha firmato un significativo Protocollo d'Intesa (MOU) con la Città di Duparquet per lo sviluppo del Duparquet Gold Project in Quebec. L'accordo, ratificato il 15 settembre 2025, stabilisce un quadro di sviluppo collaborativo tra la città e il progetto minerario.

Gli elementi chiave dell'MOU includono lo sviluppo di un piano di coabitazione, meccanismi di relocazione delle proprietà residenziali, la riconfigurazione del campo da golf di Duparquet e, in particolare, l'impegno di First Mining a trasferire oltre 100 acri di terreno alla Città per lo sviluppo municipale. L'azienda trasferirà anche lotti residenziali detenuti sotto contratti di enfiteusi storici situati all'interno della Città ma al di fuori dell'area del progetto.

First Mining Gold (OTCQX:FFMGF) ha firmado un Memorando de Entendimiento (MOU) significativo con la ciudad de Duparquet para el desarrollo del Duparquet Gold Project en Quebec. El acuerdo, ratificado el 15 de septiembre de 2025, establece un marco de desarrollo colaborativo entre la ciudad y el proyecto minero.

Los elementos clave del MOU incluyen el desarrollo de un plan de convivencia, mecanismos para la reubicación de propiedades residenciales, la reconfiguración del campo de golf de Duparquet y, destacadamente, el compromiso de First Mining de transferir más de 100 acres de terreno a la ciudad para el desarrollo municipal. La empresa también transferirá lotes residenciales obtenidos bajo leases históricos de enfiteusis situados dentro de la ciudad pero fuera del área del proyecto.

First Mining Gold (OTCQX:FFMGF)가 퀘벡 주 듀파르케 시와 듀파르케 골드 프로젝트 개발을 위한 중요한 양해각서(MOU)를 체결했습니다. 2025년 9월 15일 비준된 이 합의는 도시와 광산 프로젝트 간의 협력 개발 프레임워크를 수립합니다.

MOU의 핵심 요소로는 공동 거주(plan of cohabitation) 개발, 주거 재산 이전 메커니즘, 듀파르켄 골프장 재구성, 그리고 특히 First Mining의 100에이커 이상 토지 시에 대한 양도 약속이 도시의 시정 개발을 위한 기초가 됩니다. 또한 회사는 프로젝트 구역 밖에 위치한 도시 내의 역사적 에뎃투스( enfiteusi ) 계약으로 보유한 주거용 부지를 양도합니다.

First Mining Gold (OTCQX:FFMGF) a signé un protocole d'accord important (MOU) avec la ville de Duparquet pour le développement du Duparquet Gold Project au Québec. L'accord, ratifié le 15 septembre 2025, établit un cadre de développement collaboratif entre la ville et le projet minier.

Les éléments clés du MOU comprennent l'élaboration d'un plan de cohabitation, des mécanismes de relocalisation des propriétés résidentielles, la réorganisation du parcours de golf de Duparquet et, notamment, l'engagement de First Mining à transférer plus de 100 acres de terrain à la Ville pour le développement municipal. L'entreprise transférera également des parcelles résidentielles détenues sous des baux emphytéotiques historiques situées dans la Ville mais à l'extérieur de la zone du projet.

First Mining Gold (OTCQX:FFMGF) hat eine bedeutende Vereinbarung über ein Memorandum of Understanding (MOU) mit der Stadt Duparquet zum Ausbau des Duparquet Gold Project in Quebec unterzeichnet. Die Vereinbarung, am 15. September 2025 ratifiziert, schafft einen Rahmen für eine kooperative Entwicklung zwischen der Stadt und dem Bergbauprojekt.

Zu den Schlüsselelementen des MOU gehören die Entwicklung eines Zusammenlebensplans, Mechanismen zur Relokation von Wohneigentum, die Umgestaltung des Duparquet-Golfplatzes und vor allem das Engagement von First Mining, mehr als 100 Morgen Land an die Stadt zu übertragen für die städtische Entwicklung. Das Unternehmen wird zudem Wohnbaugrundstücke, die unter historischen Erbverträgen innerhalb der Stadt liegen, aber außerhalb des Projektgebiets, übertragen.

First Mining Gold (OTCQX:FFMGF) قد وقّعت مذكرة تفاهم مهمة مع مدينة دوباركيه لتطوير مشروع دوباركي للذهب في كيبيك. تم اعتماد الاتفاق في 15 سبتمبر 2025، وهو يضع إطاراً للتطوير التعاوني بين المدينة والمشروع التعدينى.

تشمل العناصر الأساسية للمذكرة وضع خطة للعيش المشترك، وآليات لإعادة توطين الامتلاكيات السكنية، وإعادة تركيب ملعب غولف دوباركي، وخصوصاً التزام First Mining بنقل أكثر من 100 فدان من الأرض إلى المدينة للتطوير البلدي. كما ستقوم الشركة بنقل قطع سكنية مملوكة بموجب عقود امتياز تاريخية داخل المدينة لكنها خارج منطقة المشروع.

First Mining Gold (OTCQX:FFMGF) 已与杜帕尔卡市签署重要的谅解备忘录(MOU),以在魁北克开发杜帕尔卡黄金项目。该协议于2025年9月15日正式生效,确立了市政府与矿业项目之间的协同开发框架。

MOU的关键要素包括制定共处计划、住宅财产迁移机制、杜帕尔卡高尔夫球场的重新规划,以及特别指出的First Mining承诺向市政府移交超过100英亩土地用于市政开发。公司还将转让位于市内但不在项目区内、由历史租契持有的住宅用地。

Positive
  • Transfer of over 100 acres of land to the City for municipal development
  • Establishment of formal framework for project development with community support
  • Strategic land acquisition arrangement that benefits both the company and municipality
Negative
  • Potential disruption to existing residential properties requiring relocation
  • Need for golf course reconfiguration indicating impact on existing recreational facilities

DUPARQUET, QC, Sept. 18, 2025 /PRNewswire/ - The City of Duparquet (the "City") and First Mining Gold Corp. ("First Mining") (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) are pleased to announce the signing of a Memorandum of Understanding ("MOU") aimed at formalizing a mutually beneficial and collaborative relationship towards the development of the Duparquet Gold Project (the "Project") hand in hand with addressing important community development needs. This MOU, ratified by the municipal council on September 15, 2025, represents a significant milestone as it notably delivers to the City land to support sustainable community development in harmony with potential future mine development.

Since acquiring the project in 2022, First Mining has expressed its commitment to working closely with the City and citizens of Duparquet. As early as 2023, constructive dialogue began to find sustainable solutions related to future development synergies between the City and the Project. These discussions have resulted in a common framework for advancing the Project and municipal development, now formalized by the signing of this MOU.

Key Measures in the MOU include:

  • The development of a co-habitation plan for the development of the Project and the updating of the City's urban development plan in consideration of the Project
  • A mechanism to address the relocation of certain residential properties required for the development of the Project
  • The development of a design plan for the reconfiguration of the Duparquet golf course as required for the development of the Project
  • The provision by First Mining to transfer over 100 acres of land to the City for near-term municipal development needs and potential additional lands in the future
  • The transfer by First Mining of the residential lots held under historical emphyteutic leases located within the City and outside of the Project development area

A Milestone for the Community and First Mining

"This agreement demonstrates First Mining's commitment to working with the City and citizens supporting the City's sustainable development in concrete ways as we advance the Duparquet Gold Project. We want to build a mining project rooted in respect, transparency, and mutual benefit aligned with Duparquet's own development objectives," said Dan Wilton, CEO of First Mining.

Denis Blais, Mayor of the City of Duparquet, commented, "The signing of this MOU is a historic moment for our municipality. It illustrates our determination to advance the interests of our community while creating the conditions for harmonious economic development, prosperity and well-being for current and future generations. First Mining's approach in working collaboratively with the City from the beginning as the new Project owner and its on-going commitment through the agreement is both positive and meaningful."

About the Duparquet Gold Project 

The Duparquet Project is geologically situated in the southern part of the Abitibi Greenstone Belt and is geographically located approximately 50 km north of the city of Rouyn-Noranda within the municipality of Duparquet. The Project benefits from easy access and proximity to an existing workforce and infrastructure, including road, rail and hydroelectric grid power. The Duparquet Project currently hosts an NI 43-101 compliant gold resource of 3.44 million ounces in the Measured & Indicated category, grading 1.55 g/t Au, and an additional 2.64 million ounces in the Inferred category, grading 1.62 g/t Au. First Mining completed a Preliminary Economic Assessment1 ("PEA") on the Project in 2023.

1 Further details on the Duparquet PEA can be found in the technical report entitled "NI 43-101 Technical Report: Preliminary Economic Assessment, Duparquet Gold Project, Quebec, Canada" dated October 20, 2023, which was prepared for First Mining by G Mining Services Inc. in accordance with NI 43-101 and is available under First Mining's SEDAR+ profile at www.sedarplus.ca 

About First Mining Gold Corp. 
First Mining is a gold developer advancing two of the largest gold projects in Canada, the Springpole Gold Project in northwestern Ontario, where we have commenced a Feasibility Study and permitting activities are on-going with a final Environmental Impact Statement / Environmental Assessment for the project submitted in November 2024, and the Duparquet Gold Project in Quebec, a PEA-stage development project located on the Destor-Porcupine Fault Zone in the prolific Abitibi region. First Mining also owns the Cameron Gold Project in Ontario and a 30% project interest in the Pickle Crow Gold Project.

First Mining was established in 2015 by Mr. Keith Neumeyer, founding President and CEO of First Majestic Silver Corp.

About the City of Duparquet
About 700 residents live in the City of Duparquet, located in the Abitibi-Témiscamingue administrative region, on a territory spanning more than 157 square kilometers. Duparquet lies at the southern edge of the Abitibi-Ouest Regional County Municipality, near the city of Rouyn-Noranda. It obtained its city charter in 1933, becoming the first municipality officially incorporated in Abitibi-Ouest. The city was founded in the early 1930s, when mining activities began to develop the region's rich underground resources. In 1933, with the opening of the Beattie Gold Mine, dozens of houses were built and the community grew rapidly. The city was named in honor of a captain of the grenadiers of the Régiment de la Sarre, who was wounded at the Battle of Sainte-Foy. The mine's opening sparked a significant demographic and architectural boom, traces of which remain today in the "Boomtown"-style façades still visible on some of the town's buildings.

ON BEHALF OF FIRST MINING GOLD CORP.

Daniel W. Wilton
Chief Executive Officer and Director

Cautionary Note Regarding Forward-Looking Statements
This news release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this news release. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "plans", "projects", "intends", "estimates", "envisages", "potential", "possible", "strategy", "goals", "opportunities", "objectives", or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions.

Forward-looking statements in this news release relate to future events or future performance and reflect current estimates, predictions, expectations or beliefs regarding future events.  All forward-looking statements are based on First Mining's or its consultants' current beliefs as well as various assumptions made by them and information currently available to them. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Such factors include, without limitation the Company's business, operations and financial condition potentially being materially adversely affected by the outbreak of epidemics, pandemics or other health crises, and by reactions by government and private actors to such outbreaks; risks to employee health and safety as a result of the outbreak of epidemics, pandemics or other health crises, that may result in a slowdown or temporary suspension of operations at some or all of the Company's mineral properties as well as its head office; fluctuations in the spot and forward price of gold, silver, base metals or certain other commodities; fluctuations in the currency markets (such as the Canadian dollar versus the U.S. dollar); changes in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins and flooding); the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities, indigenous populations and other stakeholders; availability and increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development; title to properties.; and the additional risks described in the Company's Annual Information Form for the year ended December 31, 2024 filed with the Canadian securities regulatory authorities under the Company's SEDAR+ profile at www.sedarplus.ca, and in the Company's Annual Report on Form 40-F filed with the SEC on EDGAR.

First Mining cautions that the foregoing list of factors that may affect future results is not exhaustive. When relying on our forward-looking statements to make decisions with respect to First Mining, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. First Mining does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by the Company or on our behalf, except as required by law. 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/the-city-of-duparquet-and-first-mining-gold-sign-historic-memorandum-of-understanding-for-community-development-and-collaboration-on-the-duparquet-gold-project-302559887.html

SOURCE First Mining Gold Corp.

FAQ

What are the key terms of First Mining Gold's (FFMGF) MOU with the City of Duparquet?

The MOU includes transfer of over 100 acres of land to the City, development of a co-habitation plan, mechanisms for residential property relocation, and reconfiguration of the Duparquet golf course.

How much land will First Mining Gold (FFMGF) transfer to the City of Duparquet?

First Mining Gold will transfer over 100 acres of land to the City for near-term municipal development needs, with potential additional lands in the future.

When was the Duparquet Gold Project MOU ratified?

The MOU was ratified by the municipal council on September 15, 2025.

What impact will the Duparquet Gold Project have on local residents?

The project will require the relocation of certain residential properties and reconfiguration of the local golf course, with specific mechanisms outlined in the MOU to address these changes.

When did First Mining acquire the Duparquet Gold Project?

First Mining acquired the Duparquet Gold Project in 2022 and began constructive dialogue with the City in 2023.
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