Firefox Gold Stock Price, News & Analysis

FireFox Gold Corp. (TSXV:FFOX, OTCQB:FFOXF) announced the approval of a new exploration permit covering nearly 20 km² in the Kolho Trend of Finland's Central Lapland Greenstone Belt. This permit allows mechanized work, including diamond drilling and exploration trenching. Since gaining control in 2020, FireFox applied for six exploration permits covering 122.60 km², with the Nuttio permit being the first to be approved. CEO Carl Löfberg expressed optimism about the Kolho Trend's potential for orogenic gold deposits, stating that the company has mobilized a drill rig for immediate sampling. The area shows promise due to its geological similarities with nearby significant deposits, although FireFox cautions that proximity does not guarantee mineralization. The company is focused on advancing its exploration initiatives in an underexplored region of Finland.

FireFox Gold Corp. announces the completion of the second tranche of its non-brokered private placement, raising $978,500 by issuing 9,785,000 units at $0.10 each.

Each unit consists of a common share and a warrant, exercisable at $0.15 for two years. The funds will support general corporate purposes and exploration activities in Finland.

Additionally, the Company is seeking to extend the expiry date of 8.33 million warrants issued in April 2021 to April 2024, along with a re-pricing initiative for 2.53 million warrants from $0.18 to $0.12.

FireFox Gold continues to explore its properties in Finland, leveraging the country's favorable mining conditions.

FireFox Gold Corp (TSXV:FFOX, OTCQB:FFOXF) completed the first tranche of its non-brokered private placement, raising $623,500 by issuing 6,235,000 units at $0.10 per unit. Each unit consists of one common share and a warrant exercisable at $0.15 for two years. The funds will be utilized for general corporate purposes, working capital, and exploration in Finland. Additionally, insiders acquired 500,000 units under the placement, deemed a related party transaction. FireFox will also pay $2,700 in cash finder's fees and issue 27,000 warrants.

FireFox Gold Corp. has announced plans to raise up to $2,500,000 through a non-brokered private placement of up to 25,000,000 units at $0.10 per unit. Each unit comprises one common share and a warrant allowing purchase of additional shares at $0.15 for two years. Proceeds will support a spring drilling program and exploration on its Mustajärvi project and other properties in Finland. The financing closes around March 23, 2023, subject to a four-month hold period. FireFox, listed as FFOX on the TSX Venture, has significant gold exploration prospects in Finland.

FireFox Gold Corp. has appointed Alexander Davidson as a Special Advisor to its board, effective immediately. Davidson brings over 40 years of experience, notably with Barrick Gold, where he led global exploration initiatives. He aims to provide strategic insights to enhance FireFox's exploration efforts in Finland, which holds one of the largest gold tenements in the region. Concurrently, the company approved the issuance of 800,000 stock options to staff and consultants at a 9% premium to the market price. FireFox remains committed to maximizing shareholder value through its gold exploration projects.

FireFox Gold Corp. (TSXV:FFOX) (OTCQB:FFOXF) announced results from its fall 2022 drilling campaign at the Mustajärvi Gold Project in Finland. Drill holes 22MJ024 and 22MJ025 revealed significant high-grade gold, extending mineralization at the East Target. Highlights include:

• 22MJ024: 13.05m at 15.04 g/t Au from 29.6m depth
• 22MJ025: 12.55m at 14.34 g/t Au from 14.3m depth

CEO Carl Löfberg emphasized the project's strong growth potential, planning further drilling by April and trench excavation for metallurgical testing in summer 2023.

FireFox Gold Corp. (OTCQB: FFOXF) provided exploration updates on its Jeesiö, Sarvi, Lehto, and Kolho gold properties in Finland, reporting significant results from the 2022 exploration program. Notably, a grab sample from the Katajavaara Hill prospect returned 33.60 g/t Au, while other samples revealed multiple gold anomalies. The company plans further mapping and sampling at the Katajavaara prospects and additional exploration at Sarvi and Lehto in 2023. FireFox aims to transform strong early indications into viable drill targets by late 2023. The firm continues its commitment to advancing its extensive portfolio across Finland.

FireFox Gold Corp. (TSXV:FFOX)(OTCQB:FFOXF) announced promising results from its recent drilling at the Mustajärvi Gold Project in Finland. The first three drill holes from the fall 2022 campaign tested a new near-surface high-grade gold zone at the East Target, uncovering significant intercepts, including 15.5m at 13.09 g/t gold. All three holes confirmed the mineralization's expansion, showing improved grade and thickness compared to earlier drilling. The company anticipates results from two additional drill holes shortly. These developments are crucial for assessing the project's potential and enhancing shareholder value in the growing gold market.