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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.
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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