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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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