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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. 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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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.

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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.

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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.

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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.

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FireFox Gold Corp. (TSXV:FFOX, OTCQB:FFOXF) has reported on its winter drilling program, successfully completing approximately 3,800 metres across three projects. They are set to commence diamond drilling at the Sarvi Project, adjacent to Rupert Resources' Area 1, by the end of January. Preliminary trenching and base-of-till (BOT) sampling have identified several gold anomalies. Ongoing sampling has yielded significant results in gold and other elements, indicating potential mineralization. The company's efforts aim to enhance their understanding of the geology in the region.

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FireFox Gold Corp. (TSXV:FFOX, OTCQB:FFOXF) has completed phase 5 of its diamond drilling at the 100%-held Mustajärvi Gold Project, drilling 1,664 meters in four holes. Previous high-grade results included 93.88 g/t gold. Currently, results from these new holes are pending analysis. The drill is now mobilized to the Utsamo Prospect, planning six additional holes over 1,300 meters targeting multi-line anomalies. The campaign will continue through January 2022, with potential drilling at the Sarvi Project and Saittavaara Prospect. Stock options for 2.5 million shares were also approved.

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FireFox Gold Corp. (TSXV:FFOX)(OTCQB:FFOXF) announced promising results from its base-of-till sampling program at the Utsamo Prospect within the Jeesiö Gold Project. The program identified multiple gold anomalies, with the maximum gold value reaching nearly 0.919 ppm. Significant multielement pathfinder associations were found, indicating potential geological structures favorable for gold deposits. The company is preparing for upcoming drilling in November, aiming to leverage these findings to explore further the prospective areas in the region.

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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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