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FireFox Gold Corp.
Summary
| Project: | Mustajarvi | |
|---|---|---|
| Deposit: | Mustajarvi | |
| Location: | Finland | |
| Commodities: | Gold | |
| Date: | 1/21/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 21-1-2019: FireFox Gold Corp. announces an Exploration/Drilling Update report for its Mustajarvi deposit at the Mustajarvi project. Drilling results incl. 5.0m @ 18.09g/t Au from 124.0m. VANCOUVER, BC – (Jan 21, 2019) – FireFox Gold Corp. (TSX-V: FFOX) (“ | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Petri Peltonen (Internal) | |
| ABSTRACT: | VANCOUVER, BC – (Jan 21, 2019) – FireFox Gold Corp. (TSX-V: FFOX) (“FireFox” or the “Company”) is pleased to provide initial drill results for its 1,094.5 metre phase 1 drilling program on its 100%-owned Mustajärvi gold exploration project in the Central Lapland Greenstone Belt, Finland. These first results confirm that gold mineralization at Mustajärvi occurs to a vertical depth of at least 100 metres. Historic drill results only went as deep as 40 metres vertically. The results indicate that both the grade and apparent width of the gold mineralization is greater at depth. True widths are not yet known but will be confirmed with additional drilling and geological modeling following the program. The results from the first four holes of the program are summarized in Table 1, below. “Intersecting a significant interval of high-grade gold at depth on our very first drill program corroborates our new geologic interpretation at Mustajärvi,” commented Carl Löfberg, CEO of FireFox Gold. “We intend to continue directly into a second phase of drilling as part of our overall strategy to explore the gold potential of the highly prospective Central Lapland Greenstone Belt.” Drill Program Details The recently completed 1,094.5-metre phase-1 diamond core drilling program was designed to: 1) verify the quality of historical drilling and assays; 2) drill test extensions of known gold mineralization at depth and along strike, and; 3) to drill test the recently identified geophysical (IP and magnetics) anomalies associated with the Mustajärvi shear zone (see FireFox news release dated 25 September, 2018). The assay results for the first four drill holes 18MJ001, 18MJ002, 18MJ007, and 18MJ010, totaling 410.25 metres, are summarized in Table 1. Assay Results from the remaining 4 drill holes are pending. | |
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