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First Mining - FFMGF STOCK NEWS

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. (symbol: FFMGF) is a mineral bank and resource project incubator. The company focuses on acquiring mineral assets at low valuations, waiting for commodity and mining project markets to improve. They plan to enter agreements with other parties to move projects forward, holding residual interests. These interests may include royalties, metal streams, minority interests, or equity positions. The goal is to have projects generating cash flow for shareholders, distributed as dividends.

Highlights from 2023 drilling program at the Duparquet Gold Project in Quebec include positive results, defining new gold zones, extending mineralization, and exploring significant discovery and follow-up targets. The 2024 drilling program aims to build on success, targeting growth opportunities within the mineral resource and potential higher-grade settings.

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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.

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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.

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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.

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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+.

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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.

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First Mining announced significant drilling results from its Duparquet Gold Project in Quebec. The 2024 Phase 2B winter diamond drilling program revealed multiple high-grade gold zones, notably 10.67 g/t Au over 5.3 m, 6.63 g/t Au over 9.0 m, and 3.04 g/t Au over 33.5 m. These zones are hosted in newly identified mafic volcanic units. The drilling underscores Duparquet's exploration growth potential. CEO Dan Wilton emphasized the value of the systematic, data-driven approach used by the exploration team. The program concluded in April 2024, covering seven holes over 2,856 m. The latest results validate the potential for resource growth within the North Zone, with further exploration planned for Phase 3.

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First Mining Gold has announced initial 2024 drilling results from its Duparquet Gold Project in Quebec. The Phase 2B winter drill program targeted North Zone and Rex Target areas. Highlights include hole DUP24-018 returning 3.11 g/t gold over 13.16m and 3.07 g/t gold over 10.32m. CEO Dan Wilton emphasized the upside potential and continuity of higher-grade mineralization at Duparquet. The winter program commenced in February 2024, involving seven holes over 2,856m. Further assay results are pending. The company aims to extend deeper mineralization trends and enhance resource and exploration confidence.

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First Mining Gold Corp. announces its first quarter financial results for the quarter ended March 31, 2024. The company showcased a successful start to the fiscal year by generating non-dilutive proceeds through the monetization of marketable securities. CEO Dan Wilton highlighted progress at Springpole and Duparquet, emphasizing the potential in the gold market. Key highlights include environmental assessment work at Springpole, completion of a 3-year option agreement at Swain Post property in Birch-Uchi, advancement of the drill program at Duparquet, and financial flexibility initiatives through a Final Shelf Prospectus filing. The company also saw positive developments with Big Ridge Gold Corp. and reported a cash and current investments balance of $7.7 million as of March 31, 2024.

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First Mining Gold Corp. reports its 2023 financial results, highlighting progress on flagship projects and successful financings. The company completed a positive PEA at the Duparquet Project, advanced environmental assessments at Springpole, and announced encouraging drilling results in Birch-Uchi. First Mining also completed asset sales, equity financings, and ESG initiatives, showcasing a strong balance sheet and shareholder support.
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First Mining Gold Corp. receives permits for a temporary winter road at Springpole Gold Project exploration camp site. Cat Lake First Nation challenges the permits, leading to a stay order. CEO Dan Wilton emphasizes safety and environmental responsibility. The company has been operating the camp since 2015, with a history of winter re-supply via ice roads.
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FAQ

What is the current stock price of First Mining (FFMGF)?

The current stock price of First Mining (FFMGF) is $0.0918 as of February 21, 2025.

What is the market cap of First Mining (FFMGF)?

The market cap of First Mining (FFMGF) is approximately 97.4M.

What is First Mining Gold Corp.'s business model?

First Mining Gold Corp. focuses on acquiring mineral assets at low valuations, holding them until commodity and mining project markets improve, and then partnering with other parties to advance the projects.

What are the forms of residual interest that First Mining Gold Corp. holds in projects?

The residual interest may include royalties, metal streams, minority interests, or equity positions in the counterparty advancing the projects.

What are the highlights of the 2023 drilling program at the Duparquet Gold Project?

Highlights include defining new gold zones, extending mineralization, and finding several significant discovery and follow-up targets.

What is the focus of First Mining Gold Corp.'s 2024 drilling program?

The 2024 program aims to build on success from 2023, with a focus on growth opportunities within the current mineral resource, targeting additional Abitibi mineralization styles, and favoring regional processing synergies.

What is the overall goal of First Mining Gold Corp.?

The company's goal is to have projects that generate cash flow for shareholders, which will be distributed as dividends.
First Mining

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97.40M
780.23M
4.55%
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