First Mining Gold Corp: New Gold Mineralization Discovered in Canada

2023-06-20

First Mining Gold Corp, a gold developer founded in 2015 by Keith Neumeyer, is advancing two of the largest gold projects in Canada: the Springpole Gold Project in northwestern Ontario and the Duparquet, Pitt Gold, Duquesne, and Porcupine East Gold Project in Quebec. The company also owns the Cameron Gold Project in Ontario and has a portfolio of gold project interests, including the Pickle Crow Gold Project, the Hope Brook Gold Project, and a large equity interest in Treasury Metals Inc.

Recently, First Mining Gold Corp used diamond drilling programs as one of the techniques for exploring the Swain and Sol d'Or properties in the Birch-Uchi Greenstone Belt Project located in northwestern Ontario, Canada. The company also used other exploration techniques such as soil geochemistry, prospecting and mapping, and airborne geophysics to identify new gold mineralization in favourable geologic settings with a potential for unlocking new discoveries.

The drilling of five priority holes at the Swain property validated a geologic setting of favourable host rocks including notable alteration and mineralization, and including drill intersects of up to 0.64 g/t Au over 5.6 m, and 0.34 g/t Au over 14.9 m. First Mining Gold Corp plans to conduct various exploration programs in 2023 to further explore the Swain and Sol d'Or properties in the Birch-Uchi Greenstone Belt Project. These programs include soil geochemistry, prospecting and mapping, airborne geophysics, and diamond drilling.

The company has identified new gold mineralization in favourable geologic settings and has discovered a new gold-in-soil anomaly. They have also completed a 150-line km airborne geophysical survey and drilled five priority holes at the Swain property, validating a geologic setting of favourable host rocks. The company has over 80 current targets in its consolidated district, providing tremendous upside to its already robust Springpole Project.

The CEO of First Mining, Dan Wilton, believes that the additional targets and potential mineral discovery in their district-scale Birch-Uchi land package provides tremendous upside to their already robust Springpole Project. The expectations of management concerning the Swain and Sol d'Or properties in the Birch-Uchi Greenstone Belt Project are that the exploration will lead to the discovery of new gold mineralization and contribute to the growth of their prospectivity pipeline.

The news release provides general information about First Mining Gold Corp, a gold developer with a focus on advancing two of the largest gold projects in Canada. The company was established in 2015 by Keith Neumeyer, the founding President and CEO of First Majestic Silver Corp. First Mining also owns the Cameron Gold Project in Ontario and a portfolio of gold project interests. The release also mentions that First Mining has commenced a feasibility study for the Springpole Gold Project and that permitting activities are ongoing with a draft Environmental Impact Statement for the project published in June 2022.

With the identification of new gold mineralization in their properties, First Mining Gold Corp has significant profit potential and growth potential. The company has over 80 current targets in its consolidated district, providing tremendous upside to its already robust Springpole Project. The CEO of First Mining, Dan Wilton, stated that they are encouraged by the results of their initial exploration phases and that the additional targets and potential mineral discovery in their district-scale Birch-Uchi land package provides tremendous upside to their already robust Springpole Project.

In conclusion, First Mining Gold Corp is a promising gold developer with a strong focus on advancing its gold projects in Canada. With the identification of new gold mineralization in their properties, the company has significant profit potential and growth potential. The exploration of the Swain and Sol d'Or properties in the Birch-Uchi Greenstone Belt Project is expected to lead to the discovery of new gold mineralization and contribute to the growth of their prospectivity pipeline.