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First Mining Identifies Multiple High-Grade Gold Zones in Duparquet Exploration Drilling

PR Newswire ·  Jun 18 19:00
  • Drill hole DUP24-024 returns multiple gold zones including 10.67 g/t Au over 5.3 m, 6.63 g/t Au over 9.0 m, 3.04 g/t Au over 33.5 m, and 5.97 g/t Au over 33.0 m
  • Gold zones hosted in newly identified mafic volcanic units not previously modelled at Duparquet
  • Demonstrates significant exploration growth potential at one of the largest gold deposits in the Abitibi Greenstone Belt

VANCOUVER, BC, June 18, 2024 /PRNewswire/ - First Mining Gold Corp. ("First Mining" or the "Company") (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) is pleased to announce new drilling results from the 2024 Phase 2B winter diamond drilling program at its Duparquet Gold Project ("Duparquet Project" or the "Project") located in Quebec, Canada. This latest drilling targeted additional exploration trends of the North Zone, assessing the potential for higher-grade areas with extensional continuity. Drill hole DUP24-024 returned multiple intervals of significant higher-grade mineralization over considerable widths that are hosted proximal to and within a newly identified mafic volcanic unit, including 10.67 g/t Au over 5.3 m, 6.63 g/t Au over 9 m, 3.04 g/t Au over 33.5 m, and 5.97 g/t Au over 33 m (including 9.63 g/t Au over 4.2 m and 14.43 g/t Au over 6 m). First Mining continues to explore mineralization trends of the Duparquet Project for extensions and new discovery zones through its ongoing Phase 3 drill program which aims to continue drill testing at the North Zone, Buzz Zone, Valentre Target and additional regional opportunities.

Figure 1: Plan view of select drill holes from the Phase 2B program within the North Zone (CNW Group/First Mining Gold Corp.)
Figure 2: North Zone Target - DUP24-022 is a step-out hole towards the east of the previously announced DUP24-018 and DUP24-019. Significant intercepts are highlighted downhole, with higher-grade zones identified along the contact of the syenite and the sheared basalt unit. The mafic unit intercepted in DUP24-022 will be refined in the upcoming geological model updates. This cross section is looking west (CNW Group/First Mining Gold Corp.)
Figure 3: North Zone Target cross section of drill hole DUP24-023, highlighting the extension of the higher-grade zone below the previously announced DUP24-019 (CNW Group/First Mining Gold Corp.)
Figure 4: North Zone Target – Drill hole DUP24-024 highlighting multiple significant intercepts downhole, with higher-grade zones identified along the contact of the syenite and the basalt units intercepted. The mafic unit intercepted in DUP24-024 will be refined in the upcoming geological model updates. This cross section is looking west. (CNW Group/First Mining Gold Corp.)
Figure 5 (A) Close-up photo of pyrite mineralization in the mafic volcanics and higher-grade mineralization from drill hole DUP24-024 at 518.5 m which was targeting the North Zone. (B) Close- up photo of mineralized quartz carbonate veining from drill hole DUP24-024 at 449 m which was targeting the North Zone and has higher grade mineralisation associated with it. (CNW Group/First Mining Gold Corp.)
Figure 6: Section through DUP24-022 and DUP24-024 highlighting the downhole lithologies and significant intercepts. Upcoming geological model updates will focus on increasing the resolution of the mafic volcanic units in the North Zone target area. (CNW Group/First Mining Gold Corp.)

Figure 7: Representative long section through the North Zone, highlighting the multiple significant intercepts returned in the Phase 2B program as well as the upcoming drill hole targets aimed at unlocking exploration opportunities (CNW Group/First Mining Gold Corp.)
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