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First Mining Gold releases positive Pre-Feasibility Study on their Springpole Gold Project

First Mining Gold (TSE: FF- OTCQX: FFMGF) CEO Dan Wilton joined Steve Darling from Proactive to shares news the company has released a Pre-Feasibility Study on their 100% owned Springpole Gold Project in northwestern Ontario, Canada. Wilton telling Proactive shows a 36.4 percent IRR, 29.4 percent after-tax IRR.

The project is expected annual production greater than 300,000oz with a CAPEX of less than a 1Billion. He also noted the after-tax payback will be 2.4 years.

Quick facts: First Mining Gold Corp.

Price: 0.37 CAD

TSX:FF
Market: TSX
Market Cap: $257.37 m
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First Mining Gold to acquire East Cedartree claims to bolster its Cameron...

First Mining Gold Corp (TSE:FF) (OTCQX:FFMGF) CEO Dan Wilton tells Proactive the group has added more resource ounces and consolidated its ground at the Cameron Gold project in northwest Ontario, by purchasing the East Cedartree claims from Metalore Resources (CVE:MET). Wilton says the...

on 12/03/2020

2 min read