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First Mining Gold Corp T.FF

Alternate Symbol(s):  FFMGF

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.


TSX:FF - Post by User

Comment by Macclyde12on Mar 21, 2024 12:16pm
107 Views
Post# 35945227

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

RE:RE:RE:RE:RE:Big Ridge Gold Announces Amendment To Hope Brook AgreementAll that was already in play. I may be wrong, but it seems Big Ridge avoided a cash payment to FF by issuing shares. FF needs cash for their permitting runway. Of course more shares of Big Ridge will be fine, especially with a price spike down the road, but FF is in need of cash in '24, and '25, with more dilution not that far away. Everybody knows it's a race for nearly all of the mining companies who are mired in the sector downturn, and praying for price rises in their share price, to get a change in sentiment before more dilution, (or worse!)
At least we have really good volume today!!!
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