Member Company Profile

First Mining Gold

FF:CN|Last Price: USD 0.45|Market Cap: USD 250.86 M

USD 0.12        USD 0.47


Gold Price: $1,775.30|Silver Price: $18.02|Platinum Price: $811.00|Palladium Price: $1,920.00|Gold:Silver: 98.5


World Gold Forum 2020

  Webcast|Presentation: April 20, 2020, 7:50 AM (EDT)|Presenter: Dan Wilton, CEO


Status: Developer|Primary Mineral: Gold|Primary Country of Operation: Canada


Last Updated: April 4, 2020

  Print Profile

IR Contact

Spiros Cacos
1-844-306-8827
[email protected]
www.firstmininggold.com

Address

1188 West Georgia Street, Suite 2070
Vancouver, BC V6E 4A2
Canada

Cautionary Information

© Copyright 2020, Denver Gold Group & First Mining Gold.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Safe Harbor Statement

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Information is qualified - read footnotes

First Mining Gold Corp. (FF: TSX and FFMGF: OTCQX) is a Canadian-focused gold exploration and development company advancing a large resource base of 7.4 million ounces of gold in the Measured and Indicated categories and 3.8 million ounces of gold in the Inferred category*. First Mining’s primary focus is the development and permitting of its Springpole Gold Project and the advanced exploration of its Goldlund Gold Project, both located in northwestern Ontario. First Mining’s eastern Canadian property portfolio also includes Cameron, Pickle Crow, Hope Brook, Duparquet, Duquesne, and Pitt.

Springpole is one of the largest undeveloped gold assets in Canada, with permitting and a Pre-Feasibility Study underway. The project hosts 4.67 million ounces gold in the Indicated category and 0.23 million ounces gold in the Inferred category**. First Mining has begun consultation efforts with local Indigenous communities within the Springpole Gold Project area to support the federal Environmental Assessment (EA) process which was initiated in March 2018. These consultation efforts will be ongoing throughout the EA process.

Goldlund is an advanced exploration stage asset where drilling in 2020 is planned to define both the extension of the existing resource area and to better define the regional scale potential. The project hosts 0.81 million ounces gold in the Indicated category and 0.88 million ounces gold in the Inferred category***.

First Mining was created in 2015 by Mr. Keith Neumeyer, founding President and CEO of First Majestic Silver Corp. and a co-founder of First Quantum Minerals Ltd.

Corporate Materials
Value Drivers
  • First Mining is advancing one of the largest gold resource bases in Canada. Founded by Mr. Keith Neumeyer who co-founded First Quantum Minerals and created First Majestic Silver Corp., where is he is the CEO and President.
  • First Mining is advancing its Springpole Gold Project through PFS and permitting. It is one of the largest undeveloped gold assets in Canada, located in northwestern Ontario. Results of the PFS are anticipated in Q1 2021.
  • First Mining is advancing its Goldlund Gold Project located in northwestern Ontario, Canada. Drilling is planned in 2020, with a focus on continuing to define the regional district potential of the property.
Top Shareholders
  • Management/Directors (~3.1%)
  • First Majestic Silver Corp. (~2.3%)
  • Retail (~90%)
Management
Chairman: Keith Neumeyer
CEO: Dan Wilton
CFO: Andy Marshall
COO: Ken Engquist
VP, Corporate Development: Mal Karwowska
General Counsel & Corporate Secretary: Samir Patel
VP, Environment & Sustainable Development: David Mchaina
VP, Investor Relations: Spiros Cacos
Director, Data Management & Technical Services: Hazel Mullin
More Detail
Capital Structure
Common Shares Outstanding: 632,619,453
Float (%): 90.00
Warrants Outstanding: 34,583,157
Options Outstanding: 55,277,500
Fully Diluted Shares: 722,480,110

IR Contact

Spiros Cacos
1-844-306-8827
[email protected]
www.firstmininggold.com

Address

1188 West Georgia Street, Suite 2070
Vancouver, BC V6E 4A2
Canada

Cautionary Information

© Copyright 2020, Denver Gold Group & First Mining Gold.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Safe Harbor Statement

Read



Notes

*Note: Mineral resource based on NI 43-101 technical reports filed on SEDAR by First Mining Gold Corp. and Clifton Star Resources Inc. Further details available at: https://firstmininggold.com/projects/mineral-resources/
**Based on the technical report titled "Preliminary Economic Assessment Update for the Springpole Gold Project, Ontario, Canada", dated November 5, 2019, which was prepared for First Mining by SRK Consulting (Canada) Inc. in accordance with NI 43-101, and which is available under First Mining's SEDAR profile at www.sedar.com.
***Based on the technical report titled "Technical Report and Resource Estimation Update, Goldlund Gold Project, Sioux Lookout, Ontario" with an effective date of March 15, 2019, which was prepared for First Mining by WSP Canada Inc. in accordance with NI 43-101, and which is available under First Mining's SEDAR profile at www.sedar.com.