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 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.
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.
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.
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.
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.
FireFox Gold Corp (TSXV:FFOX, OTCQB:FFOXF) announced updates on exploration at its Sarvi and Mustajärvi gold projects in Finland, having drilled approximately 8,319m in the 2021-2022 program. First results from the Sarvi target area include 17.0m at 0.134 g/t Au, indicating low-grade gold and silver mineralization. The Mustajärvi project also shows promise, with ongoing drilling at new targets. The campaign aims to enhance the extent of known mineralization, with further assay results expected in summer. The methodology meets best industry practices.
FireFox Gold Corp. (TSX.V:FFOX)(OTCQB:FFOXF) announces the completion of its winter exploration program at the Sarvi Gold Project in Finland, culminating in a robust base-of-till sampling campaign and a maiden 12-hole diamond drilling program. The Company will exercise its option to acquire a 100% interest in Sarvi ahead of schedule. Key commitments, including the issuance of 1.5 million shares and C$1.5M in exploration expenditures, have been met. Results from the drilling are expected in the coming months, informing future drilling in Q4 2022.
FireFox Gold Corp. (TSX.V:FFOX)(OTCQB:FFOXF) reports promising results from its recent drilling programs at the Mustajärvi and Jeesiö Projects in Finland. The latest results include significant gold intercepts: 4.4m at 6.35 g/t Au and multiple high-grade intervals up to 15.92 g/t Au. Total drilling at Mustajärvi reached 2,337m, confirming continuity of mineralization. Although early-stage drilling at Jeesiö did not yield significant gold, it indicated potential for future exploration. FireFox plans further drilling at both projects.
FireFox Gold Corp. (TSXV:FFOX)(OTCQB:FFOXF) announced significant results from its phase 5 drilling program at the Mustajärvi Gold Project. Four diamond core holes returned impressive gold assays, with some intercepts exceeding 3.0 g/t. Notably, drill hole 21MJ014 confirmed a bonanza-grade zone with 1.5m at 45.85 g/t Au, while drill hole 21MJ015 identified 1.0m at 11.04 g/t Au at the East Target. The ongoing exploration is expected to enhance understanding of the mineralization and the project’s potential, extending the mineral system to over 1.6 kilometers. Results from two additional holes are forthcoming.