FireFox Gold Drills High-Grade and Visible Gold, including 7m @ 11.36 g/t Gold, in Northeast Zone Step-out Hole and Finds New Extensions at the Central Zone, Mustajärvi Project, Lapland, Finland
High-grade intercepts at Mustajärvi extend the Northeast and Central Zones, while several step-out holes between them returned only minor or no gold.
Rhea-AI Summary
FireFox Gold (FFOXF) reported new drill results from seven holes at its 100%-owned Mustajärvi gold project in Lapland, Finland.
Step-out hole 26MJ030 extended the high-grade core of the Northeast Zone more than 50 metres west, returning 2.0 metres at 44.65 g/t gold from 118.6 metres and 7.0 metres at 11.36 g/t gold from 199.0 metres, including 1.0 metre at 57.9 g/t gold with visible gold. The hole also cut 11.5 metres at 1.11 g/t gold from 125.6 metres.
At the Central Zone, new western extensions include 3.95 metres at 6.57 g/t gold from 68.5 metres in hole 26MJ026 and 3.1 metres at 2.22 g/t gold from 115.0 metres in hole 26MJ027. Other holes in the Central–Northeast gap returned only low-grade or no significant gold. All intervals are core lengths; true widths are not yet estimated.
Positive
- High-grade Northeast Zone step-out: Hole 26MJ030 hit 7.0m @ 11.36 g/t Au from 199m, including 1.0m @ 57.9 g/t Au with visible gold.
- Additional strong interval in 26MJ030: 2.0m @ 44.65 g/t Au from 118.6m, plus 11.5m @ 1.11 g/t Au from 125.6m.
- Central Zone western extension: Hole 26MJ026 returned 3.95m @ 6.57 g/t Au from 68.5m, including 1.0m @ 14.9 g/t Au.
- Further Central Zone mineralization: Hole 26MJ027 cut 3.1m @ 2.22 g/t Au from 115.0m, including 0.95m @ 6.02 g/t Au.
Negative
- Unsuccessful holes: 26MJ025 and 26MJ028 reported no significant gold mineralization.
- Only weak mineralization in some gap tests: 26MJ024 and 26MJ029 returned narrow low-grade intervals near the 0.3 g/t Au cut-off.
- Geometric uncertainty: All reported intercepts are core lengths; true widths have not yet been estimated.
- Key follow-up data pending: Assays from fence hole 26MJ042, designed to undercut 26MJ030, are still outstanding.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SODANKYLÄ, FI / ACCESS Newswire / September 14, 2026 / FireFox Gold Corp. (TSX.V:FFOX)(OTCQB:FFOXF)("FireFox" or the "Company") is pleased to report assay results from seven additional drill holes completed at its
Hole 26MJ030 has successfully extended the high-grade core of the Northeast Zone over 50 metres to the west. Highlights of the hole are shown below:
- 26MJ030: 2.0 metres at 44.65 g/t gold from 118.6 metres depth and 7.0 metres at 11.36 g/t gold (with visible gold) from 199.0 metres depth, including 1.0 metre at 57.9 g/t gold, and 11.5 metres at 1.11 g/t gold from 125.6 metres depth.
These new intercepts from the west side of the Central Zone, where alteration along the Mustajärvi Shear Zone appears to be very intense, include high gold grades over good widths at shallow depth:
- 26MJ026: 3.95 metres yielding 6.57 g/t gold from 68.5 metres depth, including 1.0 metre at 14.9 g/t gold from 71.45 metres depth and 0.75 metres at 14.45 g/t gold from 68.5 metres depth (including 1.15m of core loss); and
- 26MJ027: 3.1 metres averaging 2.22 g/t gold, including 0.95 metres at 6.02 g/t gold from 117.15 metres depth.
Carl Löfberg, FireFox's CEO, commented "These latest results from the ongoing Mustajärvi drilling bring significant extensions at both the Northeast and Central Zones. The stacked intercepts in drill hole 26MJ030 are important because they appear to define a southwest continuation from the high-grade core of the Northeast Zone. Our geologists see well developed shearing, brecciated veins hosting visible gold, and broad intervals of intense alteration in this hole, and results are still pending from another hole in the same drill fence. These are the types of learnings that led to the rapid growth of the East Zone in 2022. We took some of this more recent knowledge and experience back to the Central Zone and these new intercepts are really encouraging, as we grow that zone to the west. Given all the excitement at the East and Northeast Zones, it is easy to forget the outlying targets at Mustajärvi that offer so much promise. The drill has recently been at the Gabbro Target (west of Central Zone), the Triangle Target (north of the Northeast Zone), and the geologists have developed a new target called Lammas on what appears to be a parallel shear zone to the east. Our team is at peak productivity now. These are all reasons to stay tuned for our expected continuous news flow."
Mustajärvi Project and Details of Drill Results
The Mustajärvi Project lies along the highway between the cities of Kittilä and Sodankylä, approximately 17 kilometres east of Kittilä. FireFox and predecessor companies drilled approximately 15,752 metres prior to commencement of the current program and delineated three different lodes of gold mineralization along more than two kilometres of strike. Inclusive of these drill holes, the total drilling on the project is now 29,697 metres.
Northeast Zone
Drill hole 26MJ030 is part of a north-westerly directed fence of drilling west from previous high-grade intercepts in the Northeast Zone. Results are pending for 26MJ042, which was collared farther south and undercut the new intervals reported here (see Table 1). Hole 26MJ030 was collared 56 metres west-northwest from hole 26MJ005 (reported on May 5, 2026).
The hole passed through thin glacial sediments, approximately 8.3 metres deep, before entering ultramafic volcanic rocks. The sheared contact with intensely albite- and silica-altered metasedimentary rocks was intercepted at 119.5 metres depth, where strong quartz-carbonate-tourmaline veining hosts 2.0 metres at 44.65 g/t Au. This high-grade intercept in the sheared contact sits atop approximately 15 metres of extremely albitized, sericitized, and veined metasedimentary rock that is cut by a fault at 135.1 metres depth. Much of this altered interval, including the fault, is mineralized with 11.1 metres that averages 1.11 g/t Au.
Over the next sixty metres, the drill bit passed through albite-altered and variably-veined metasedimentary rocks and tuffites. Where quartz-carbonate-tourmaline veining intensifies or the rock is faulted or brecciated, there are narrow intervals of lower grade gold, such as 5.0 metres at 0.59 g/t Au at 169.0 metres depth.
At 199.6 metres depth, there is an interval of quartz-carbonate veins with clots and disseminations of pyrite (7.0 metres at 11.36 g/t Au). The top three metres of this interval is highly brecciated and chaotic, suggesting multiple generations of veining with very high-grade gold, including 1.0 metre at 57.9 g/t Au with visible gold (Figure 2). While pyrite content is often not high, where quartz, carbonate, and tourmaline increase, this long zone of alteration hosts other lower grade intercepts, such as 3.0 metres at 1.14 g/t Au at 210 metres depth. The hole continues through albite-sericite altered metasediments of varying intensity until approximately 300 metres depth, where alteration fades.
Central Zone
Mustajärvi was discovered in the 1990s by Outokumpu with very limited drilling (approximately 12 drill holes for 700 total metres) in the target now known as the Central Zone. A local prospector subsequently extracted a small amount of gold from surface workings in the area. After its first drill program on the property in 2018, FireFox announced a drill intercept of 5.0 metres averaging 18.09 g/t gold, including 2.0 metres of 45.05 g/t gold (See Company news release dated January 21, 2019). Follow-up drilling failed to encounter more encouraging results before the Northeast Zone and East Zone discoveries were made in 2021 and 2022. Since that time, FireFox geologists have utilized oriented drill core, geochemistry, geophysics, and rigorous core logging to develop a more complete geological and structural model for Mustajärvi. The alteration, paragenesis of the mineralization, and structural controls are now much better understood.
Drill holes 26MJ026, 26MJ027, and 26MJ028 were designed as exploration holes to test the westward continuation of the Central Zone along the Mustajärvi Shear Zone. Farther west from this point, Company geologists have identified a large gabbro body that is also cut by large structures exhibiting strong alteration, but gold intercepts have so far been modest. The 2026-2027 drill campaign is prompting re-evaluation of these earlier targets that yielded only moderate success in earlier drilling.
Hole 26MJ026 was collared 58 metres north-northwest of hole 22MJ016 and 59 metres west of hole 21MJ009. The hole passed through approximately 5.6 metres of thin glacial sediments directly into albite-altered metasedimentary rocks. The first mineralized interval was encountered from 64.1 metres depth, returning 1.0 metre at 0.44 g/t Au. This was followed by a thin section of waste before the drill passed into an interval that yielded the most significant result from the hole: 3.95 metres yielding 6.57 g/t Au from 68.5 metres depth, including 1.0 metre at 14.9 g/t Au from 71.45 metres depth and 0.75 metres at 14.45 g/t Au from 68.5 metres depth (including 1.15 metres of core loss). Based on the fragmented drill core and core loss, the gold here is likely associated with a significant fault zone that includes brecciated quartz-carbonate veins and intervals of semi-massive and clots of pyrite.
Deeper in the hole, an additional narrow interval was intercepted from 95.0 metres depth, returning 1.0 metre at 1.07 g/t Au. Gold is associated with pyrite veins as fracture infill in strongly albite- and silica-altered metasediments. This drill hole also encountered seven weakly anomalous intervals associated with quartz-carbonate-tourmaline veins and veinlets containing disseminated pyrite, with grades up to 0.2 g/t Au.
Drill holes 26MJ027 and 26MJ028 are in a north-directed drill fence, along with hole 18MJ007, approximately 40 metres west of 26MJ026. 26MJ027 was collared 77 metres south-southwest of hole 26 and was designed to cut through the overlying ultramafic volcanic rocks to test the sheared contact, which 26MJ026 missed.The hole passed through approximately 6.0 metres of thin glacial sediments before entering bedrock. The drill hole successfully hit the contact between ultramafic volcanic rocks and altered metasediments at 28.85 metres downhole. The first mineralized interval was intercepted at 115.0 metres depth, yielding 3.1 metres averaging 2.22 g/t Au, including 0.95 metre at 6.02 g/t Au from 117.15 metres depth. Gold is associated with replacement-style and fracture-infill pyrite veins and veinlets, together with semi-massive pyrite hosted in fractured, intensely albite- and silica-altered metasedimentary rocks. Another gold-mineralized interval was encountered from 124.0 metres downhole, returning 2.0 metres averaging 1.2 g/t Au hosted in quartz-carbonate-tourmaline-pyrite (QCTP) veining with patchy pyrite.
In the deeper parts of the hole, two additional narrow mineralized intervals occurred between 154.8 and 169.0 metres depth: 1.2 metres at 0.56 g/t Au and 1.0 metre at 0.98 g/t Au.
Drill hole 26MJ028 was collared 41 metres west of 26MJ026 as the middle hole in the drill fence with holes 26MJ027 and 18MJ007. The hole passed through approximately 7.0 metres of thin glacial sediments and entered directly into albite-altered metasediments, just missing the sheared contact. The hole did not return significant gold mineralization, although it did encounter five weakly anomalous intervals associated with strongly deformed and altered intervals. In one interesting interval at depth, anomalous gold is associated with intensely altered and brecciated mafic intrusive rocks.
Northeast to Central Zone Gap
Drill holes 26MJ024, 26MJ025 and 26MJ029 tested various geophysical and structural targets in the gap between the Central and Northeast Zones.
Approximately 200 metres to the west-southwest of hole 26MJ030, drill hole 26MJ024 tested the continuation of mineralization west from the Northeast Zone at an apparent break in the Mustajärvi Shear Zone. The hole is a step-out 42 metres west of hole 19MJ005, which contained some narrow low-grade mineralization. The drill passed through approximately 4.5 metres of thin glacial sediments into the ultramafic volcanic rocks before hitting the contact with the metasedimentary rocks at 21.7 metres downhole. However, the host rocks were only weakly to moderately albite-altered without well-developed veining, so there were only two gold-mineralized intervals: 1.0 metre at 0.61 g/t Au from 29.0 metres depth and 1.0 metre at 0.31 g/t Au from 42.0 metres depth.
Drill hole 26MJ025 was collared 225 metres southwest of 26MJ024 in an area with no previous drilling. The hole passed through approximately 6.5 metres of thin glacial sediments and intersected the contact between ultramafic volcanic rocks and metasediments at 41.1 metres downhole. The hole did not return significant gold mineralization.
Drill hole 26MJ029 was a shallow 50-metre hole to test for potential near-surface continuation of deeper Central Zone intercepts farther west. The hole was collared 111.0 metres southwest of hole 26MJ025 and passed through approximately 9.3 metres of thin glacial sediments before entering bedrock. The drill hole encountered the contact between ultramafic volcanic rocks and intensely altered metasediments at 14.75 metres downhole. There was only one interval of QCTP veinlets with disseminated pyrite that ran above the Company's cut-off grade, starting from 28.0 metres depth and returning 1.0 metre at 0.39 g/t Au.
Table 1. Selected Drill Intercepts in Drill holes 26MJ024 - 26MJ030
(Cut-off Grade 0.3 g/t Au)
Drill Hole | From | To | Interval | Au Grade | |
26MJ024 | 29.0 | 30.0 | 1.0 | 0.61 | |
42.0 | 43.0 | 1.0 | 0.31 | ||
26MJ025 | No significant results | ||||
26MJ026 | 64.1 | 65.1 | 1.0 | 0.44 | |
68.5 | 72.45 | 3.95 | 6.57* | ||
Including | 68.5 | 69.25 | 0.75 | 14.45 | |
Including | 71.45 | 72.45 | 1.0 | 14.9 | |
95.0 | 96.0 | 1.0 | 1.07 | ||
26MJ027 | 115.0 | 118.1 | 3.1 | 2.22 | |
Including | 117.15 | 118.1 | 0.95 | 6.02 | |
124.0 | 126.0 | 2.0 | 1.2 | ||
154.8 | 156.0 | 1.2 | 0.56 | ||
168.0 | 169.0 | 1.0 | 0.98 | ||
26MJ028 | No significant results | ||||
26MJ029 | 28.0 | 29.0 | 1.0 | 0.39 | |
26MJ030 | 118.6 | 120.6 | 2.0 | 44.65 | |
125.6 | 137.1 | 11.5 | 1.11 | ||
169.0 | 174.0 | 5.0 | 0.59 | ||
199.0 | 206.0 | 7.0 | 11.36 | ||
Including | 199.0 | 200.0 | 1.0 | 57.9 | |
210.0 | 213.0 | 3.0 | 1.14 | ||
* Interval includes 1.15 metre of core loss calculated as 0.0 g/t Au. | |||||
All intervals are expressed as core width; true width has not yet been estimated. | |||||
Table 2. Drill Collar Information (coordinates presented in EPSG:3067)
Drill Hole | Easting | Northing | Azimuth (°) | Dip (°) | Depth (m) |
26MJ024 | 428188.1 | 7500495.8 | 340 | 45 | 138.9 |
26MJ025 | 428017.7 | 7500349.2 | 345 | 45 | 193.6 |
26MJ026 | 427657.8 | 7500183.8 | 340 | 45 | 172.6 |
26MJ027 | 427641 | 7500108.9 | 340 | 45 | 190.6 |
26MJ028 | 427617.9 | 7500172.6 | 340 | 45 | 166.8 |
26MJ029 | 427915.3 | 7500306.4 | 340 | 45 | 49.8 |
26MJ030 | 428438.4 | 7500585.8 | 340 | 50 | 325.8 |
Methodology & Quality Assurance
The core was transported from the rig to the Company's core storage facility in Sodankylä, where FireFox's exploration team conducted the geological and geotechnical logging and selected the assay intervals. Assay intervals were generally 1 metre but, in some circumstances, were modified according to lithological boundaries and other factors. FireFox geologists maintained chain of custody and sampling procedures according to best industry practice and with due attention to quality assurance and quality control, including ¼ core duplicates, crush-stage duplicates, and insertion of certified standard and blank samples.
FireFox team members transported the samples to an ALS sample preparation lab in Sodankylä. The samples were sawed then crushed to -2 mm, split, and pulverized into 1 kg pulps before being shipped to the ALS facility in Roșia Montană, Romania, for gold analysis by fire assay of 50 g aliquots with AAS finish (method Au-AA26). All samples exceeding 50.0 g/t Au were re-assayed with a gravimetric finish (method Au-GRA22). Other elements, 48 in total, were measured after four-acid digestion by ICP-AES and ICP-MS (method ME-MS61) at the ALS facility located in Loughrea, Ireland.
ALS Laboratories is a leading international provider of assay and analytical data to the mining industry. All ALS geochemical hub laboratories, including the Irish facility, are accredited to ISO/IEC 17025:2017 for specific analytical procedures. The FireFox QA/QC program consists of inserting certified standard material and blanks into the analytical batches. These materials did not show deviations from recommended values. No QA/QC issues were identified from a review of the analytical data discussed herein.
Patrick Highsmith, Certified Professional Geologist (AIPG CPG # 11702) and director of the Company, is a qualified person as defined by National Instrument 43-101. Mr. Highsmith has helped prepare, reviewed, and approved the technical information in this news release.
About FireFox Gold Corp.
FireFox Gold Corp. is listed on the TSX Venture Stock Exchange under the ticker symbol FFOX. FireFox also trades on the OTCQB Venture Market Exchange in the U.S. under the ticker symbol FFOXF. The Company has been exploring for gold in Finland since 2017 on a large portfolio of ground prospective for high-grade gold deposits. The delineation of multiple gold zones at the Company's
Having a strong mining law and long mining tradition, Finland remains underexplored for gold. Recent exploration results in the country have highlighted its prospectivity, and FireFox is proud to have a Finland-based CEO and technical team.
For more information, please refer to the Company's website and profile on the SEDAR+ website at www.sedarplus.ca.
On behalf of the Board of Directors,
"Carl Löfberg"
Chief Executive Officer
CONTACT:
FireFox Gold Corp.
Email: info@firefoxgold.com
Telephone: +1-778-938-1994
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accept responsibility for the adequacy or accuracy of the content of this release.
Forward Looking Statements
The information herein contains forward-looking statements that are subject to a number of known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include changes in world commodity markets, equity markets, the extent of work stoppages and economic impacts that may result from illness, extreme weather, changes in government, and changes to regulations affecting the mining industry.
Forward-looking statements in this release may include statements regarding the intent to conduct additional exploration; the belief as to the location of the most prospective gold targets; the location of targets for future exploration programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2026. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.
The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.
SOURCE: FireFox Gold Corp.
View the original press release on ACCESS Newswire
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What are the most important new intercepts from hole 26MJ030 at the Northeast Zone?
Hole 26MJ030 extended the high-grade core of the Northeast Zone more than 50 metres to the west. Key intercepts include 2.0 metres at 44.65 g/t gold from 118.6 metres depth, 11.5 metres at 1.11 g/t gold from 125.6 metres, 5.0 metres at 0.59 g/t gold from 169.0 metres, 7.0 metres at 11.36 g/t gold from 199.0 metres (including 1.0 metre at 57.9 g/t gold with visible gold), and 3.0 metres at 1.14 g/t gold from 210.0 metres.
What new results were reported from the Central Zone drill holes?
At the Central Zone, hole 26MJ026 returned 3.95 metres at 6.57 g/t gold from 68.5 metres, including 0.75 metres at 14.45 g/t gold and 1.0 metre at 14.9 g/t gold, plus 1.0 metre at 1.07 g/t gold from 95.0 metres. Hole 26MJ027 yielded 3.1 metres at 2.22 g/t gold from 115.0 metres, including 0.95 metres at 6.02 g/t gold, as well as 2.0 metres at 1.2 g/t gold from 124.0 metres and two narrower intervals grading 0.56 and 0.98 g/t gold.
How many metres have been drilled at the Mustajärvi project to date?
Prior to the current program, FireFox and predecessor companies had drilled approximately 15,752 metres at Mustajärvi. Including the holes discussed in this update, total drilling on the project is now 29,697 metres.
What cut-off grade did FireFox use to report the drill intervals?
The selected drill intercepts in Table 1 are reported using a 0.3 g/t gold cut-off grade. Intervals above this threshold are listed, and some holes are described as having no significant results when they did not meet this cut-off.
Which areas between the Central and Northeast Zones were tested, and what were the outcomes?
Drill holes 26MJ024, 26MJ025, and 26MJ029 targeted geophysical and structural features in the gap between the Central and Northeast Zones. Hole 26MJ024, a step-out 42 metres west of 19MJ005, encountered weakly to moderately altered rocks and returned 1.0 metre at 0.61 g/t gold and 1.0 metre at 0.31 g/t gold. Holes 26MJ025 and 26MJ029 reported no significant gold mineralization apart from a 1.0 metre interval at 0.39 g/t gold in 26MJ029.
How were samples prepared and analyzed, and what quality controls were used?
Core was logged and sampled by FireFox staff in Sodankylä. Samples, generally in 1 metre intervals adjusted for geology, were transported under chain-of-custody to ALS in Sodankylä for preparation (crushing to -2 mm, splitting, and pulverizing to 1 kg pulps). Gold was analyzed at ALS Roșia Montană by 50 g fire assay with AAS finish (Au-AA26), with samples above 50.0 g/t gold re-assayed by gravimetric finish (Au-GRA22). A 48-element suite was analyzed by four-acid digestion and ICP-AES/ICP-MS (ME-MS61) in Loughrea, Ireland. FireFox inserted certified standards, blanks, and duplicates, and reported no QA/QC issues in the data discussed.