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First Mining Gold Corp.
Summary
| Project: | Goldlund | |
|---|---|---|
| Deposit: | Goldlund | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/2/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 2-5-2017: First Mining Gold Corp. announces an Exploration/Drilling Update report for its Goldlund deposit at the Goldlund project. Drilling results incl. 34m @ 4.3g/t Au from 54m. Vancouver, British Columbia – First Mining Finance Corp. (“First Mining” o | |
| Resources: | (Resource): 9.3Mt @ 1.87g/t Au (Ind.) and 40.9Mt @ 1.33g/t Au (Inf.) at Goldlund | |
| CP/QP: | [Overall Report]: Chris Osterman (Internal) | |
| ABSTRACT: | Vancouver, British Columbia – First Mining Finance Corp. (“First Mining” or the “Company”) is pleased to announce the second set of assay results from its 106 hole, 28,500 metre diamond drill infill program on its 100% owned Goldlund Gold Project (“Goldlund”), located near the town of Sioux Lookout in northwestern Ontario, Canada. The goal of the 2017 drilling campaign at Goldlund is to upgrade Inferred resources into the Measured and Indicated categories with the majority of the drilling focused on Zone 7 and Zone 1 (See Figure 1). The drilling program comprises a total of 28,500 metres within 106 drill holes using HQ sized (63.5 mm) core. So far 76% of the planned drill holes have been completed and the Company is awaiting additional drilling assay results. On April 25, 2017, the Company announced the results from the first 12 drill holes from the Goldlund Project. Table 1 below shows the results of drilling from an additional 11 holes and Table 2 provides additional drill hole information. Commenting on the results, Patrick Donnelly, President of First Mining stated, “I’m very pleased with the second set of drilling results in that 10 of the 11 holes intersected significant gold mineralization. With this second set of drilling results, we have now received assay results on 23 drill holes of which 22 intersected gold mineralization. Based on these results, we are becoming very optimistic that the Goldlund Project could become one of our flagship gold assets.” | |
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