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FIREFOX GOLD CORP - FFOXF STOCK NEWS

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FireFox Gold Corp (TSXV:FFOX)(OTCQB:FFOXF) is a leading gold exploration company focused on exploring and developing high-potential gold projects in Finland. The company has been actively exploring for gold in Finland since 2017, where it holds a diverse portfolio of prospective ground. With a strong mining law and a long mining tradition, Finland is known to be an underexplored region for gold, making it an attractive investment jurisdiction. FireFox Gold Corp aims to leverage its technical expertise and strategic partnerships to unlock the full potential of its gold exploration properties in Finland.

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FireFox Gold Corp. (TSXV:FFOX)(OTCQB:FFOXF) closed a non-brokered private placement of 22,507,840 units at $0.075 per unit, generating $1,688,088. The company entered into an earn-in agreement with Agnico Eagle Mines Limited for the Kolho Property in Finland. Agnico will own 10.9% of the company's common shares on a non-diluted basis and 19.6% on a partially-diluted basis. Crescat Portfolio Management LLC also participated in the private placement, owning 17.8% of the company's common shares on a non-diluted basis and 21.5% on a partially-diluted basis.
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FireFox Gold Corp. completes first tranche of Private Placement, raising $323,499.
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FireFox Gold Corp. (TSXV:FFOX)(OTCQB:FFOXF) reports significant gold mineralization in the first four holes of the spring 2023 core drilling campaign at the Mustajärvi Gold Project in Lapland, Finland. Assays above 10.0 g/t gold were obtained in each hole, with selected intervals yielding high-grade gold. The results extend the mineralization to multiple directions, showcasing the project's potential.
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FireFox Gold Corp. reports results from its second reconnaissance diamond drilling campaign at its Sarvi Gold Project in Finland. The drilling did not identify high-grade gold, but encountered quartz-carbonate veining with sulphides and sulphide-bearing carbonaceous sediments. The mudstones and black shales at Sarvi are likely the best hosts for gold, silver, and base metal mineralization. The company plans to continue exploration at Sarvi and focus on the upcoming drill results from its Mustajärvi project.
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FireFox Gold Corp. has engaged Independent Trading Group (ITG) for market-making services. ITG will trade shares of the Company to improve liquidity. The agreement is for an initial term of three months and can be terminated with a 30 days' notice.
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FireFox Gold Corp. (TSXV:FFOX, OTCQB:FFOXF) announced the approval of a new exploration permit covering nearly 20 km² in the Kolho Trend of Finland's Central Lapland Greenstone Belt. This permit allows mechanized work, including diamond drilling and exploration trenching. Since gaining control in 2020, FireFox applied for six exploration permits covering 122.60 km², with the Nuttio permit being the first to be approved. CEO Carl Löfberg expressed optimism about the Kolho Trend's potential for orogenic gold deposits, stating that the company has mobilized a drill rig for immediate sampling. The area shows promise due to its geological similarities with nearby significant deposits, although FireFox cautions that proximity does not guarantee mineralization. The company is focused on advancing its exploration initiatives in an underexplored region of Finland.

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FAQ

What is the current stock price of FIREFOX GOLD (FFOXF)?

The current stock price of FIREFOX GOLD (FFOXF) is $0.0209 as of December 20, 2024.

What is the market cap of FIREFOX GOLD (FFOXF)?

The market cap of FIREFOX GOLD (FFOXF) is approximately 5.8M.

Where is FireFox Gold Corp focused on exploring for gold?

FireFox Gold Corp is primarily focused on exploring for gold in Finland since 2017, where it holds a diverse portfolio of prospective ground.

What makes Finland an attractive investment jurisdiction for gold exploration?

Finland is known for having a strong mining law and a long mining tradition, making it an underexplored region for gold with high prospectivity.

What is FireFox Gold Corp's strategic approach to unlocking the potential of its gold exploration properties?

FireFox Gold Corp aims to leverage its technical expertise and strategic partnerships to maximize the value of its gold exploration properties in Finland.

What can investors expect from FireFox Gold Corp's presence at the PDAC 2024 conference?

Investors and stakeholders can meet FireFox's management and technical team at Booth No. 2932 in the Investors Exchange at PDAC 2024. The company will also have a Core Shack display at Booth 3107B showcasing drill core from its Mustajärvi gold project.

FIREFOX GOLD CORP

OTC:FFOXF

FFOXF Rankings

FFOXF Stock Data

5.80M
165.78M
18.18%
35.15%
Gold
Basic Materials
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United States of America
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