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 (FFMGF) operates as a mineral bank and project incubator focused on strategic gold asset development across Canada. This page serves as the definitive source for official updates across all corporate activities, from exploration breakthroughs to partnership announcements.
Investors and researchers will find curated news about resource expansion at key projects like Duparquet and Springpole, plus updates on value-sharing agreements with development partners. Content spans drilling results, technical reports compliant with NI 43-101 standards, and strategic moves in asset portfolio management.
Our news collection enables efficient tracking of First Mining's unique business model – acquiring undervalued mineral rights, advancing them through systematic exploration, and securing residual interests through partnerships. Regular updates cover geoscience innovations, project milestones, and corporate developments essential for assessing long-term value creation.
Bookmark this page for real-time access to verified information about First Mining's gold exploration strategies and mineral banking progress. Check back frequently for essential updates from one of Canada's most innovative resource incubators.
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.
First Mining Gold Corp. (TSX: FF) (OTCQX: FFMGF) reported its Q2 2024 financial results, highlighting key developments across its projects. At Springpole, the company advanced environmental assessment work, aiming to submit the final EIS/EA in 2024. In the Birch-Uchi area, First Mining completed a 3-year option agreement on the Swain Lake property and initiated mapping and prospecting programs. At Duparquet, the company completed a Phase 2 winter drilling program and commenced a 9,000-metre Phase 3 program, reporting multiple high-grade gold zones. Notably, First Mining closed an upsized flow-through financing of approximately $7 million to fund exploration in Ontario and Quebec. As of June 30, 2024, the company's cash and current investments balance stood at $13.2 million, with an additional $21.5 million in equity interest in PC Gold Inc.
First Mining Gold Corp. (TSX: FF, OTCQX: FFMGF, FRANKFURT: FMG) has released its third annual Environmental, Social, and Governance (ESG) Report for the year 2023. The report adheres to the Sustainability Accounting Standards Board (SASB) guidelines, highlighting the company's commitment to sustainable practices, ethical conduct, and transparent governance.
Key achievements include zero recordable injury cases, 174 hours of health and safety training, 43% of full-time employees being female, and 19% identifying as Indigenous. The company also completed local Caribou and Wolverine habitat assessments and invested over $4.7 million in local goods and services, including $1.3 million in support for Indigenous communities.
CEO Dan Wilton emphasized collaborative efforts at the Springpole and Duparquet Gold Projects, focusing on community engagement and environmental assessments. The full ESG Report can be accessed at the company's website.
First Mining Gold Corp. announced the voting results from its 2024 annual general meeting held on June 20, 2024. A total of 255,213,257 common shares, representing 27.79% of the outstanding shares, were represented at the AGM. All resolutions proposed were approved, including the election of all five director nominees. Keith Neumeyer received 98.11% votes in favor, Raymond Polman 98.12%, Daniel W. Wilton 97.82%, Richard Lock 97.88%, and Leanne Hall 97.40%. Additionally, the appointment of the auditor was confirmed with 98.82% votes in favor. Detailed results are available on SEDAR+.
First Mining Gold Corp. (TSX: FF, OTCQX: FFMGF) has reached a settlement with Cat Lake First Nation (CLFN) concerning the judicial review filed by CLFN against the temporary winter road permits for the Springpole exploration camp. These permits were initially issued on February 9, 2024, by the Ontario Ministry of Natural Resources and Forestry (MNRF) but faced immediate legal challenges from CLFN. An interim order had paused the permits on February 23, 2024. After discussions, a settlement was accepted by CLFN on June 17, 2024, which resolved the judicial review. First Mining emphasizes its commitment to ongoing dialogue with CLFN and local communities to ensure environmental stewardship and foster long-term relationships.
