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First Mining Gold Corp.
Summary
| Project: | Goldlund | |
|---|---|---|
| Deposit: | Goldlund | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/25/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-4-2017: First Mining Gold Corp. announces an Exploration/Drilling Update report for its Goldlund deposit at the Goldlund project. Drilling results incl. 210m @ 0.85g/t Au from 155.0m. First Mining Finance Corp. (“First Mining” or the “Company”) is plea | |
| 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: | First Mining Finance Corp. (“First Mining” or the “Company”) is pleased to announce the first assay results from the first 12 holes of a 106 hole, 28,500 metre diamond drill in-fill 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 (Figure 1). The total budgeted amount of drilling is 28,500 metres within 106 drill holes using HQ sized (63.5 mm) core. Table 1 shows the results of drilling the first 12 holes for the 2017 Goldlund drilling campaign and Table 2 provides additional drill hole information. Commenting on the results, Patrick Donnelly, President of First Mining stated, “We are extremely pleased with the first assay results from Goldund in which 12 out of 12 drill holes contain significant intercepts of gold mineralization, including a number of high grade intercepts. We expect that additional results from Goldlund will continue to increase our confidence in the resource. The current drilling program is 60% complete and we expect to complete the program in early summer. Once the drilling campaign is completed, the results will be compiled in order to make plans for a much larger drill campaign which will be announced once definitive plans are completed.” | |
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