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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. (TSX.V:FFOX)(OTCQB:FFOXF) plans to raise up to $1,000,000 through a non-brokered private placement, offering up to 10,000,000 units at $0.10 each. Each unit comprises one common share and one-half warrant, exercisable at $0.18 for two years. Proceeds will fund exploration at the Mustajärvi project and other properties in Finland. The private placement is expected to close around September 30, 2022, and shares will have a four-month hold period.

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FireFox Gold Corp. (FFOXF) has reported significant findings from its recent drill program at the Mustajärvi Gold Project in Finland. Notably, drill hole 22MJ006 revealed a 13.85-meter high-grade interval with an impressive average of 14.39 g/t gold, peaking at 439 g/t in one sample. The presence of coarse gold was confirmed, highlighting the project's potential. Quality assurance protocols have yielded consistent assay results, supporting the reliability of the findings. The company is eager to continue exploring this promising mineralization and understands the geological complexities involved.

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FireFox Gold Corp. announced final results from its 2021-2022 drilling program at the Mustajärvi Gold Project in Finland, revealing significant gold mineralization in the last two drill holes (22MJ017 and 22MJ018). Hole 22MJ018 returned multiple notable intercepts, including 11.6m at 5.06 g/t gold. Overall, six holes have intersected over 90 gram-metres of gold mineralization across various target areas. The successful program has strengthened the understanding of the mineralization's structure, prompting plans for more drilling in Q4 2022.

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FireFox Gold Corp. has reported promising results from its 2022 core drilling program at the Mustajärvi Gold Project in Finland. Notably, drill hole 22MJ015 encountered 1 metre averaging 46.93 g/t gold, while 22MJ016 recorded 1.15 metres at 4.4 g/t gold. Additional encouraging results were found in the Gabbro Target with elevated gold grades. The drilling program comprised 23 diamond drill holes totaling 4,624 metres. FireFox continues to explore its expansive mineral system, which has potential beyond 2.0 km.

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FireFox Gold Corp. (FFOXF) has completed a share issuance in exchange for drilling services rendered by Oy Kati Ab Kalajoki. A total of 1,056,997 common shares were issued at a value of $0.15 per share, settling invoices worth $158,549. The shares are subject to a four-month hold period ending on November 19, 2022, pending final acceptance from the TSX Venture Exchange. FireFox continues to explore gold in Finland, a top mining jurisdiction, since 2017.

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FireFox Gold reported significant results from its 2022 drilling program at the Mustajärvi Gold Project in Finland. Notably, hole 22MJ006 revealed a 13.85-meter interval averaging 14.39 g/t gold, marking the highest grade yet at the site. Overall, 19 diamond drill holes totaling 2,930 meters have been completed. The East Target continues to demonstrate high-grade gold potential, with results pending from additional holes. Meanwhile, no significant gold was found in seven drill holes at the Sarvi Project. FireFox emphasizes that mineralization remains open along strike at Mustajärvi.

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FireFox Gold Corp. has completed the second tranche of its non-brokered private placement, raising an additional $50,000 to total gross proceeds of $502,010. The final tranche involved issuing 357,143 units at <$0.14 each, with warrants exercisable at $0.21 for two years. Proceeds will be used for general corporate purposes, working capital, and exploration in Finland, a top mining jurisdiction. Additionally, $2,520 will be paid in finders fees, along with 15,000 finders warrants.

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FireFox Gold Corp. announced the completion of the first tranche of its non-brokered private placement, raising $452,010 by issuing 3,228,643 units at $0.14 per unit. Each unit comprises one common share and a warrant exercisable at $0.21 for two years. The funds will support general corporate purposes and exploration in Finland, a prime mining jurisdiction. Related party transactions involved insiders acquiring 387,143 units. The second tranche is expected to close before July 14, 2022.

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FireFox Gold Corp. plans to raise up to $1,000,000 through a non-brokered private placement, offering 7,142,857 units at $0.14 per unit. Each unit includes one common share and one warrant, with a two-year exercise price of $0.21 for the warrants. Funds will be allocated for general working capital and exploration in Finland, where the company holds significant gold exploration properties. The placement is expected to close by June 28, 2022, and shares will be subject to a four-month hold period.

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FireFox Gold Corp. (FFOX) has entered into a shares-for-debt agreement with Oy Kati Ab Kalajoki for drilling services in Northern Finland. The company will issue 1,056,997 common shares at a value of $0.15 per share, totaling $158,549 in settlement for invoices received up to March 31, 2022. The shares will be subject to a four-month hold period and require TSX Venture Exchange approval. FireFox continues to explore gold in Finland, a top mining investment jurisdiction.

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FAQ

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

The current stock price of FIREFOX GOLD (FFOXF) is $0.02631 as of October 15, 2024.

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

The market cap of FIREFOX GOLD (FFOXF) is approximately 7.4M.

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

7.36M
138.60M
16.33%
34.24%
Gold
Basic Materials
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United States of America
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