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FIRST MINING GOLD CORP - FFMGF STOCK NEWS

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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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First Mining Gold Corp. (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) files preliminary short form base shelf prospectus and registration statement with the SEC and Canadian securities regulatory authorities
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First Mining Gold Corp. (FF) has announced the discovery of new gold occurrences confirmed from rock sampling assay results from its 2023 exploration program at its Birch-Uchi Greenstone Belt Project. The discovery includes two new mineralized occurrences with samples grading up to 25.60 g/t Au, located 375 metres from the recently drill tested Saddle target. First Mining's CEO, Dan Wilton, expressed excitement about the new zone of outcropping gold mineralization, which represents a significant advancement in the regional exploration efforts for the project.
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First Mining Gold Corp. (FF) Reports Positive Q3 2023 Results and Achievements
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First Mining Gold Corp. has filed a Preliminary Economic Assessment (PEA) technical report for its Duparquet Gold Project in Quebec, Canada. The report shows positive results, including a pre-tax NPV of C$1.07 billion and a pre-tax IRR of 24.9% at a gold price of US$1,800/oz.
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First Mining Gold Corp. hosted a collaborative community information sharing session in Duparquet regarding the Duparquet Gold Project. The session included updates on exploration, land management, environmental stewardship planning, and the Preliminary Economic Assessment (PEA) results. The PEA announced positive economic potential for the project. The company is committed to collaborating with the municipality for a sustainable project that benefits the local area and Quebec.
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First Mining Gold Corp. announces positive results of a Preliminary Economic Assessment for its Duparquet Gold Project in Quebec, Canada. The assessment shows a pre-tax NPV5% of C$1.07 billion and an after-tax NPV5% of C$588 million, with a pre-tax IRR of 24.9% and an after-tax IRR of 18.0%. The project has an average LOM annual gold production of 233 koz with AISC of US$976/oz over an 11-year mine life.
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First Mining Gold Corp. confirms new gold zone at the Duparquet Gold Project in Quebec, Canada. Initial drilling results show significant gold intercepts, validating wireframes for the existing resource.
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FAQ

What is the current stock price of FIRST MINING GOLD (FFMGF)?

The current stock price of FIRST MINING GOLD (FFMGF) is $0.085 as of December 23, 2024.

What is the market cap of FIRST MINING GOLD (FFMGF)?

The market cap of FIRST MINING GOLD (FFMGF) is approximately 97.2M.

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 GOLD CORP

OTC:FFMGF

FFMGF Rankings

FFMGF Stock Data

97.19M
780.23M
4.53%
7.28%
Gold
Basic Materials
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United States of America
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