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First Mining Gold Corp.
Summary
| Project: | Goldlund | |
|---|---|---|
| Deposit: | Goldlund | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/5/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-2-2018: First Mining Gold Corp. announces an Exploration/Drilling Update report for its Goldlund deposit at the Goldlund project. Drilling results incl. 83m @ 1.35g/t Au from 545.0m. VANCOUVER, BC, CANADA – First Mining Gold Corp. (“First Mining” or the | |
| 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 the exploration and infill drilling results, comprising 14 drill holes, from its diamond drill program within Zones 1 and 5 (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 In February 2018, First Mining will complete the remaining infill holes within Zones 1 and 5 and will then commence drilling regional exploration targets that are outside the current resource boundary. Jeff Swinoga, the Chief Executive Officer of First Mining, stated, “These latest drill holes were designed to provide greater confidence in the gold mineralization which is currently confined within a strike length of only 2 to 3 kilometres, whereas the total estimated strike length is estimated to be approximately 30 kilometres. Our next focus will be to carry out exploration drilling on several highly prospective and underexplored areas of the Goldlund property. I am very excited to see how these future drill results will support our confidence in the continued gold mineralization along strike at Goldlund.” Gold observed during the current drilling program at Goldlund occurs both as fine disseminations in quartz vein stockworks and as more discrete larger grains up to 2 mm spatially associated with pyrite in the quartz veins. Calaverite, a gold telluride mineral, has been noted occasionally in higher grade intervals on fracture surfaces in the quartz veins. Higher grade gold distribution in the granodiorite dike is often, but not always, associated with zones of more intense quartz stockworking and potassic alteration. Figure 2 below displays a cross-section of the geology and gold mineralization for drill holes GL-17-125 to GL-17-127, and GL-17-116. | |
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