SODANKYL, FINLAND / ACCESSWIRE / September 9, 2021 / FireFox Gold Corp. (TSXV:FFOX)(OTCQB:FFOXF) ("FireFox" or the "Company") is pleased to announce the results of the final four holes of the Phase 4 diamond drilling program at its 100%-owned Mustajrvi Project. These results confirm a considerable down dip extension of previously drilled high-grade gold. Drill hole 21MJ010 intersected multiple significant gold intervals, the highlight of which was 7.69g/t gold over 16.45 metres, including 42.47 g/t gold over 0.9 metres.
Modeling of 21MJ010 appears to confirm the down-dip continuation and thickening of the bonanza-grade zone intercepted by drill hole 21MJ001, which yielded 1.35 metres at 93.88 g/t gold as reported by FireFox on June 17, 2021 (see Figure 1: https://bit.ly/3niVgrx).
In addition, drilling encountered several new intervals of alteration and gold mineralization at depth that may suggest growing potential with depth.
Carl Lfberg, President and CEO of FireFox, commented about the latest encouraging results, "This extension of high-grade gold to depth at Mustajrvi is a real breakthrough for FireFox. Not only has our team been able to predict, test, and intercept new high-grade gold occurrences along strike for more than a kilometre, but we can also now visualize and model a strong mineral system growing in thickness with depth. A core rig will arrive back on site in early October, and we will proceed with a pattern of closely spaced step out holes to fully evaluate this high-grade zone. We shall also be testing new targets at depth and farther to the northeast."
Table 1: Summary of Significant (>1.0 g/t Au) Drill Intercepts
| Drill Hole | From (m) | To (m) | Interval* (m) | Gold (g/t) |
| 21MJ009 | 66.3 | 67.0 | 0.7 | 2.21 |
| 21MJ010 | 100.8 | 101.9 | 1.10 | 4.44 |
| | 154.15 | 170.60 | 16.45 | 7.69 |
| including | 155.30 | 155.95 | 0.65 | 28.57 |
| and | 157.4 | 158.0 | 0.60 | 24.70 |
| and | 159.90 | 160.85 | 0.95 | 12.70 |
| and | 162.0 | 167.0 | 5.00 | 5.56 |
| and | 168.4 | 170.6 | 2.20 | 22.34 |
| including | 168.4 | 169.3 | 0.90** | 42.47 |
| | 323.0 | 324.0 | 1.0 | 9.10 |
| | 345.0 | 347.0 | 2.0 | 3.92 |
| * Drilling is believed to be perpendicular to the dip of the mineralization, however true widths are not yet known and will be confirmed with additional drilling and geological modeling. **Including 0.4m of core loss |