First Mining Gold Corp FFMGF

Primary Symbol: T.FF

Metals & Mining Gold

First Mining Gold Corp. is a Canada-based gold developer advancing two of its largest gold projects in Canada, the Springpole Gold Project in northwestern Ontario and the Duparquet Project in Quebec. The Company also owns the Cameron Gold Project in Ontario and a portfolio of gold project interests, including the Pickle Crow Gold Project (being advanced in partnership with FireFly Metals Ltd), the Hope Brook Gold Project (being advanced in partnership with Big Ridge Gold Corp.), and an equity interest in Treasury Metals Inc. The Springpole Gold Project covers an area of about 41,943 hectares (ha) in northwestern Ontario, and consists of 30 patented mining claims, 282 mining claims and thirteen mining leases. The Duparquet Gold Project is located immediately north of the town of Duparquet, which is approximately 50 kilometers (km) northwest of Rouyn-Noranda, Quebec. The Pickle Crow Gold Project is located in the mining jurisdiction of northwestern Ontario, Canada.

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First Mining Gold Corp > Big Ridge Gold Announces Amendment To Hope Brook Agreement

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Comment by masah88919on Mar 21, 2024 11:55am

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Post# 35945149

RE:RE:RE:Big Ridge Gold Announces Amendment To Hope Brook Agreement

I think it's good for both companies. Big Ridge spent about 6m on exploration and got 420k more ounces to show for it which is very nice. I dont think First Mining or Big Ridge for that matter would have benefited that much more from an additional 3m of drilling. They can now agree on the final earn in to 80/20 and First Mining gets 10m shares which will bring the total ownership to 36,5, shares. This can be a great source of liquidity to FF if Big Ridge can manage to rally some more and the sector turns.

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