Firefox Gold Stock Price, News & Analysis

FireFox Gold Corp. has appointed Dr. Andor Lips to its board of directors, bringing extensive geological expertise and strategic insights. Dr. Lips has held significant roles in various organizations and previously served as VP of European Strategy at Eldorado Gold. His appointment follows the resignation of Mr. Timo Mäki, to whom the company expressed appreciation. FireFox also announced the issuance of 3,900,000 incentive stock options, exercisable at $0.12 per share, to reward contributions from its team. As a leading gold exploration company in Finland, FireFox aims for continued success through strategic board enhancements.

FireFox Gold Corp. announces successful completion of a non-brokered private placement, raising $1,068,480 with an oversubscription from the initially targeted $0.5M. The first tranche closed on December 9, raising $773,480, while the second tranche is expected to close on December 19, raising an additional $295,000. Proceeds will support general corporate purposes, working capital, and exploration activities in Finland, a top mining jurisdiction. Related party transactions were disclosed, and finder's fees and warrants are allocated as part of the financing.

FireFox Gold Corp. has completed a drilling program at its Mustajärvi Project in Finland, comprising 6 shallow diamond core holes totaling 977 meters. This follows a previous drill that yielded a high-grade discovery of 13.85m at 14.39 g/t gold. The latest program aims to explore new mineralization directions and increase the high-grade zone discovered earlier. CEO Carl Löfberg emphasized the importance of the newly identified cross structures, which may enhance mineralization depth and thickness. Further results are anticipated in the upcoming weeks.

FireFox Gold Corp. has successfully completed the second and final tranche of its non-brokered private placement, raising $506,000 by issuing 5,060,000 units at $0.10 per unit. Each unit consists of one common share and one-half warrant, with a full warrant exercisable at $0.18 for two years. Proceeds will support general corporate purposes and exploration activities in Finland. The company has a strong position in a highly prospective gold exploration region, backed by a knowledgeable local team.

FireFox Gold Corp. has successfully completed the first tranche of a non-brokered private placement, raising $486,000 by issuing 4,860,000 units at $0.10 per unit. Each unit includes one common share and one-half warrant, with full warrants exercisable at $0.18 for two years. Proceeds will fund general working capital and drilling on the Mustajärvi project. A second tranche is expected to be completed by October 21, 2022.

Directors and insiders purchased 250,000 units, relying on exemptions from minority shareholder approval.

FireFox Gold Corp. (TSX.V:FFOX)(OTCQB:FFOXF) plans to raise up to $1,000,000 through a non-brokered private placement, offering up to 10,000,000 units at $0.10 each. Each unit comprises one common share and one-half warrant, exercisable at $0.18 for two years. Proceeds will fund exploration at the Mustajärvi project and other properties in Finland. The private placement is expected to close around September 30, 2022, and shares will have a four-month hold period.

FireFox Gold Corp. (FFOXF) has reported significant findings from its recent drill program at the Mustajärvi Gold Project in Finland. Notably, drill hole 22MJ006 revealed a 13.85-meter high-grade interval with an impressive average of 14.39 g/t gold, peaking at 439 g/t in one sample. The presence of coarse gold was confirmed, highlighting the project's potential. Quality assurance protocols have yielded consistent assay results, supporting the reliability of the findings. The company is eager to continue exploring this promising mineralization and understands the geological complexities involved.

FireFox Gold Corp. announced final results from its 2021-2022 drilling program at the Mustajärvi Gold Project in Finland, revealing significant gold mineralization in the last two drill holes (22MJ017 and 22MJ018). Hole 22MJ018 returned multiple notable intercepts, including 11.6m at 5.06 g/t gold. Overall, six holes have intersected over 90 gram-metres of gold mineralization across various target areas. The successful program has strengthened the understanding of the mineralization's structure, prompting plans for more drilling in Q4 2022.

FireFox Gold Corp. has reported promising results from its 2022 core drilling program at the Mustajärvi Gold Project in Finland. Notably, drill hole 22MJ015 encountered 1 metre averaging 46.93 g/t gold, while 22MJ016 recorded 1.15 metres at 4.4 g/t gold. Additional encouraging results were found in the Gabbro Target with elevated gold grades. The drilling program comprised 23 diamond drill holes totaling 4,624 metres. FireFox continues to explore its expansive mineral system, which has potential beyond 2.0 km.