Welcome to our dedicated page for Firefox Gold news (Ticker: FFOXF), a resource for investors and traders seeking the latest updates and insights on Firefox Gold stock.
Firefox Gold Corp (FFOXF) is a mineral exploration company focused on discovering high-grade gold deposits in Finland's proven mining districts. This page serves as the definitive source for Firefox Gold news, providing investors with essential updates about corporate developments and exploration progress.
Access official press releases, project updates, and financial announcements in one centralized location. Our coverage includes drilling results, strategic partnerships, technical reports, and regulatory filings – all critical for informed decision-making. You'll find updates on key initiatives like the Mustajärvi trenching campaigns and Jeesiö geophysical surveys.
All content is curated to meet investor needs, featuring earnings reports, leadership changes, and exploration methodology updates. Bookmark this page to stay current with Firefox Gold's progress in Finland's mineral-rich terrains, where advanced base-of-till sampling and structural analysis drive their systematic exploration approach.
FireFox Gold Corp. (FFOXF) has reported progress on its Kolho Property exploration in Finland, operated by Agnico Eagle Mines under an earn-in agreement. The 2024 exploration campaign, with expenditures of US$765,000, focused on the Nuttio permit area and yielded promising results.
Key findings include:
- 1,619 base-of-till (BoT) samples collected, with 1,325 samples analyzed
- Highest gold value of 0.116 g/t Au, with anomalous copper at 0.27% Cu
- 1,892 gravity survey stations measured at 125-metre spacing
- Discovery of significant chromium values up to 1,482 ppm across a 1.1 km by 500m area
Two additional exploration permits (Rova and Hilla) were granted in 2024, covering approximately 51 km². Plans for 2025 include expanded gravity surveys and increased BoT sampling with additional drilling capacity.
FireFox Gold Corp. (FFOXF) reports results from borehole (BHEM) and fixed loop (FLEM) electromagnetic geophysical surveys at the Mustajärvi Gold Project's East Target in Finland. The surveys aimed to identify new high-grade gold drill targets associated with conductive rocks rich in pyrite.
Key findings include:
- Zones of semi-massive to massive pyrite extending north and along strike beyond current drilling
- A conductive horizon parallel to Mustajärvi Shear Zone, 400 metres south of southernmost drillholes
- Two new strong drill targets near previously drilled holes
The surveys identified multiple conductive plates striking northeast and dipping south, consistent with the stratabound nature of gold mineralization. Previous drilling has yielded significant results, including intercepts of 13.85m at 28.74 g/t gold and 6.87m at 59.12 g/t gold. FireFox controls over 3 kilometers of the Mustajärvi Shear Zone, with significant gold found along 1.7 kilometers through widely spaced drilling.
FireFox Gold Corp. (FFOXF) has announced details from two new targets at its Mustajärvi Project in Finland. The Triangle Target, located 700 metres northwest of the East Target, revealed gold values of 1.83 g/t and 1.425 g/t gold over one-metre diamond saw cuts in trenching, with grab samples previously returning 4.82 and 4.41 g/t gold.
The second target, Pikkulehto, is situated 4 kilometres east of the main Mustajärvi permit among splays of the Venejoki Shear Zone. The company completed detailed ground magnetics surveys at Pikkulehto in fall 2024, revealing potential hydrothermal alteration and fault-related features. Due to outcrop, FireFox plans to test this target with base-of-till sampling.
The Triangle Target's trench exposed multiple zones of alteration with significant hematite content, clay alteration, and cross-cutting quartz veins. The company plans further drilling at both targets in 2025.
FireFox Gold Corp. (FFOXF) has announced significant results from its fall exploration program at the 100%-held Jeesiö Project in Lapland, Finland. The company's trenching campaign at KJ Hill prospect revealed substantial gold mineralization, with channel samples yielding 14.62 g/t gold over 2.84 metres, 2.69 g/t gold over 3.38 metres, and 1.85 g/t gold over 1.69 metres.
At the Saittavaara prospect, new surface sampling expanded the mineralized trend by 800 metres, with rock samples returning values of 3.16 g/t, 3.05 g/t, 2.61 g/t, and 2.57 g/t gold. The total gold-bearing trend now spans more than 1.6 kilometres. The discoveries are associated with NE and NW striking faults, which are important for gold control in the region.
FireFox Gold reports successful trenching results from its Mustajärvi Gold Project in Lapland, Finland. A new trench at the East Target revealed 10.1 metres averaging 13.79 g/t gold, extending surface high-grade gold mineralization. The trench, located 35 metres east-northeast from a 2023 trench, exposed multiple high-grade samples including grab samples up to 180.5 g/t gold. A second trench, stepping out 30 metres southwest, returned lower-grade results with 2.0 metres averaging 2.56 g/t gold. The East Target now shows a corridor of at least 70 metres along strike with significant near-surface gold mineralization.
FireFox Gold Corp. (TSXV:FFOX)(OTCQB:FFOXF) has announced results from its summer exploration program and plans for additional work at its Mustajärvi and Jeesiö projects in northern Finland. Key highlights include:
1. Discovery of a new gold prospect at Mustajärvi with rock chip samples of 4.82 and 4.41 g/t gold.
2. Planned trenching campaign at Mustajärvi East to follow up on last year's success.
3. Detailed ground magnetics at Jeesiö revealing potential gold-related structures.
4. Trenching and base-of-till sampling planned for prospective areas at Jeesiö.
The company aims to expand the footprint of gold mineralization at Mustajärvi and further explore promising targets at Jeesiö. Winter drilling programs are planned for both projects.
FireFox Gold Corp. (TSXV:FFOX)(OTCQB:FFOXF) has completed the second and final tranche of its non-brokered private placement, raising gross proceeds of $1,395,250 by issuing 27,905,000 units at $0.05 per unit. Each unit includes one common share and one warrant exercisable at $0.08 for three years. The proceeds will fund mineral exploration in northern Finland and working capital. Notable participants include company directors and officers (1,350,000 units), Agnico Eagle Mines (3,085,000 units), and Crescat Portfolio Management. New investors purchased 57% of the offering (15,870,000 units). FireFox will pay $19,950 in cash finders fees and issue 399,000 finders warrants.
FireFox Gold Corp. (TSX.V:FFOX)(OTCQB:FFOXF) has completed the first tranche of its non-brokered private placement, raising $456,000 by issuing 9,120,000 units at $0.05 per unit. Each unit includes one common share and one warrant exercisable at $0.08 for three years. The company plans to use the proceeds for mineral exploration in northern Finland and working capital. Insiders purchased 250,000 units, constituting a related party transaction. FireFox will pay $19,950 in finder's fees and issue 399,000 finder's warrants. A second tranche is expected to close by August 9th, 2024, with additional insider participation anticipated.
FireFox Gold Corp. (TSX.V:FFOX) (OTCQB:FFOXF) announced a non-brokered private placement aiming to raise up to $2,000,000. The placement involves issuing up to 40 million units at $0.05 per unit. Each unit includes one common share and one common share purchase warrant, exercisable at $0.08 per share for three years. Proceeds will fund exploration projects in Finland and general working capital. As of now, FireFox has 175.4 million shares, 57.1 million warrants, and 15.7 million options outstanding. The private placement is expected to close by July 12, 2024, with a four-month hold period for issued shares. Additionally, FireFox completed a shares-for-services transaction, issuing 490,851 common shares at $0.08 each to Agentis Capital Mining Partners for advisory services, valued at $39,268.08. These shares also have a four-month hold period, expiring on September 28, 2024.
