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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. announces the completion of the second tranche of its non-brokered private placement, raising $978,500 by issuing 9,785,000 units at $0.10 each.

Each unit consists of a common share and a warrant, exercisable at $0.15 for two years. The funds will support general corporate purposes and exploration activities in Finland.

Additionally, the Company is seeking to extend the expiry date of 8.33 million warrants issued in April 2021 to April 2024, along with a re-pricing initiative for 2.53 million warrants from $0.18 to $0.12.

FireFox Gold continues to explore its properties in Finland, leveraging the country's favorable mining conditions.

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FireFox Gold Corp (TSXV:FFOX, OTCQB:FFOXF) completed the first tranche of its non-brokered private placement, raising $623,500 by issuing 6,235,000 units at $0.10 per unit. Each unit consists of one common share and a warrant exercisable at $0.15 for two years. The funds will be utilized for general corporate purposes, working capital, and exploration in Finland. Additionally, insiders acquired 500,000 units under the placement, deemed a related party transaction. FireFox will also pay $2,700 in cash finder's fees and issue 27,000 warrants.

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FireFox Gold Corp. has announced plans to raise up to $2,500,000 through a non-brokered private placement of up to 25,000,000 units at $0.10 per unit. Each unit comprises one common share and a warrant allowing purchase of additional shares at $0.15 for two years. Proceeds will support a spring drilling program and exploration on its Mustajärvi project and other properties in Finland. The financing closes around March 23, 2023, subject to a four-month hold period. FireFox, listed as FFOX on the TSX Venture, has significant gold exploration prospects in Finland.

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FireFox Gold Corp. has appointed Alexander Davidson as a Special Advisor to its board, effective immediately. Davidson brings over 40 years of experience, notably with Barrick Gold, where he led global exploration initiatives. He aims to provide strategic insights to enhance FireFox's exploration efforts in Finland, which holds one of the largest gold tenements in the region. Concurrently, the company approved the issuance of 800,000 stock options to staff and consultants at a 9% premium to the market price. FireFox remains committed to maximizing shareholder value through its gold exploration projects.

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FireFox Gold Corp. (TSXV:FFOX) (OTCQB:FFOXF) announced results from its fall 2022 drilling campaign at the Mustajärvi Gold Project in Finland. Drill holes 22MJ024 and 22MJ025 revealed significant high-grade gold, extending mineralization at the East Target. Highlights include:

  • 22MJ024: 13.05m at 15.04 g/t Au from 29.6m depth
  • 22MJ025: 12.55m at 14.34 g/t Au from 14.3m depth

CEO Carl Löfberg emphasized the project's strong growth potential, planning further drilling by April and trench excavation for metallurgical testing in summer 2023.

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FireFox Gold Corp. (OTCQB: FFOXF) provided exploration updates on its Jeesiö, Sarvi, Lehto, and Kolho gold properties in Finland, reporting significant results from the 2022 exploration program. Notably, a grab sample from the Katajavaara Hill prospect returned 33.60 g/t Au, while other samples revealed multiple gold anomalies. The company plans further mapping and sampling at the Katajavaara prospects and additional exploration at Sarvi and Lehto in 2023. FireFox aims to transform strong early indications into viable drill targets by late 2023. The firm continues its commitment to advancing its extensive portfolio across Finland.

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FireFox Gold Corp. (TSXV:FFOX)(OTCQB:FFOXF) announced promising results from its recent drilling at the Mustajärvi Gold Project in Finland. The first three drill holes from the fall 2022 campaign tested a new near-surface high-grade gold zone at the East Target, uncovering significant intercepts, including 15.5m at 13.09 g/t gold. All three holes confirmed the mineralization's expansion, showing improved grade and thickness compared to earlier drilling. The company anticipates results from two additional drill holes shortly. These developments are crucial for assessing the project's potential and enhancing shareholder value in the growing gold market.

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FireFox Gold Corp. has appointed Dr. Andor Lips to its board of directors, bringing extensive geological expertise and strategic insights. Dr. Lips has held significant roles in various organizations and previously served as VP of European Strategy at Eldorado Gold. His appointment follows the resignation of Mr. Timo Mäki, to whom the company expressed appreciation. FireFox also announced the issuance of 3,900,000 incentive stock options, exercisable at $0.12 per share, to reward contributions from its team. As a leading gold exploration company in Finland, FireFox aims for continued success through strategic board enhancements.

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FireFox Gold Corp. announces successful completion of a non-brokered private placement, raising $1,068,480 with an oversubscription from the initially targeted $0.5M. The first tranche closed on December 9, raising $773,480, while the second tranche is expected to close on December 19, raising an additional $295,000. Proceeds will support general corporate purposes, working capital, and exploration activities in Finland, a top mining jurisdiction. Related party transactions were disclosed, and finder's fees and warrants are allocated as part of the financing.

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FireFox Gold Corp. has completed a drilling program at its Mustajärvi Project in Finland, comprising 6 shallow diamond core holes totaling 977 meters. This follows a previous drill that yielded a high-grade discovery of 13.85m at 14.39 g/t gold. The latest program aims to explore new mineralization directions and increase the high-grade zone discovered earlier. CEO Carl Löfberg emphasized the importance of the newly identified cross structures, which may enhance mineralization depth and thickness. Further results are anticipated in the upcoming weeks.

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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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