Tag: T.FF

First Mining Gold: Pre-Feasibility at Springpole Lake, Ontario

JayCurrie
T.FF, First Mining Gold, gold, Ontario

First Mining Gold (T.FF) has just released a Pre-Feasibility Study on its Springpole Lake project in Ontario. The headline numbers tell the story, Pre-Tax NPV5% of US$1.5 billion, Pre-Tax IRR of 36%, Average Annual Gold Production of 335,000 ounces and AISC of US$577/oz in Years 1 through 9. Proven and Probable Reserves of 3.8 Moz Au, 20.5 Moz silver (“Ag”). These are big, profitable, numbers and First Mining Gold is pressing ahead to permitting its Springpole Lake project. read more

First Mining Finance Provides Update on Permitting Activities for its Springpole Gold Project

MotherlodeTV
First Mining Finance

First Mining Finance Corp. (TSX:FF) (OTCQX:FFMGF) (FRANKFURT:FMG) (“First Mining” or the “Company”) is pleased to provide an update on the current and proposed future permitting activities at its 100%-owned Springpole Gold Project (“Springpole”) which is located approximately 110 kilometres east of Red Lake in northwestern Ontario.  On September 21, 2017, the Company released the results of an updated Preliminary Economic Assessment (“PEA”) on Springpole.  The PEA describes the potential technical and economic viability of establishing a conventional open-pit gold mine-and-mill complex for the project. read more

First Mining Finance Announces Positive Preliminary Economic Assessment for its Springpole Gold Project

Estimated after-tax NPV5% of US$792 million and 26.2% IRR for the Springpole Gold Project at base case long-term precious metal prices
MotherlodeTV
First Mining Finance
First Mining Finance 9 21 2017

First Mining Finance Corp. (TSX:FF) (OTCQX:FFMGF) (FRANKFURT:FMG) (“First Mining” or the “Company”) is pleased to announce the positive results of an independent Preliminary Economic Assessment (“PEA”) for its Springpole Gold Project (the “Project”) in northwestern Ontario, Canada.  The PEA was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) by SRK Consulting (Canada) Inc. of Vancouver, Canada.  The PEA describes the potential technical and economic viability of establishing a conventional open-pit gold mine-and-mill complex for the Project.  The base case scenario utilizes long-term metal prices of $1,300 per ounce (“oz”) of gold (“Au”) and $20 per oz of silver (“Ag”). read more