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First Mining Gold Corp.
Summary
| Project: | Goldlund | |
|---|---|---|
| Deposit: | Goldlund | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/15/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-5-2018: First Mining Gold Corp. announces an Exploration/Drilling Update report for its Goldlund deposit at the Goldlund project. Drilling results incl. 142.1m @ 1.90g/t Au from 0.4m. VANCOUVER, BC, CANADA – First Mining Gold Corp. (“First Mining” or t | |
| 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, BC, CANADA – First Mining Gold Corp. (“First Mining” or the “Company”) is pleased to announce this fourth set of Phase 2 infill drilling results, comprising 11 drill holes, from its diamond drill program within Zone 1 (see Tables 1 and 2) at First Mining’s 100% owned Goldlund Gold Project (“Goldlund”), located near the town of Sioux Lookout in northwestern Ontario, Canada. The Company is now planning to move forward with the next phase of its 2018 exploration programs, which will include mapping, sampling and drilling of the northeastern and southwestern extents of the known strike length on the Goldlund property. This summer, First Mining plans to conduct an exploration drill campaign in these areas of approximately 14 holes for 2,000 metres of diamond drilling. Jeff Swinoga, President and Chief Executive Officer of First Mining, stated, “These latest drill holes complete the 16,000 metre Phase 2 infill drilling campaign designed to provide greater confidence in the gold mineralization within Zone 1 at Goldlund. During this phase, 33 of 38 holes intersected gold mineralization and the drilling was confined to a strike length of only 2 to 3 kilometres, whereas the total strike length of the Goldlund property is estimated to be approximately 50 kilometres. We are very excited to proceed with our next phase of exploration drilling on several highly prospective and underexplored areas along the strike length of the Goldlund property and outside of the known resource area.” The 11 drill hole results (Figure 1) presented in this news release represent the final round of infill holes which targeted gold mineralization in Zone 1. All 11 holes encountered gold mineralization. As with some of the other previously reported holes targeting Zone 1, these holes were positioned to avoid intersecting several levels of historic underground workings from previously mined areas of Zone 1. Accordingly, we believe some of the holes may not have reached the key mineralized zones which occur closer to the footwall of the zone. | |
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