23 June 2023drilling progress report● Neutral
Identified new targets in the Birch-Uchi belt around Springpole.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
20 Apr 2023drilling progress report● Neutral
Started the first exploration drilling program at Duparquet since acquiring it.
12 Apr 2023drilling result▲ Good
Completed development drilling at Springpole and identified a southwest extension zone that could add mineralisation beyond the current pit.
17 Jan 2023drilling result▲ Good
District exploration around Springpole in the Birch-Uchi belt returned high-grade gold in rock sampling.
7 Oct 2022resource reserve update● Neutral
Filed the technical report for the updated Duparquet resource estimate.
12 Sept 2022resource reserve update▲ GoodMajor
Updated resource for Duparquet: 69.0 million tonnes measured and indicated at 1.55 g/t for about 3.43 million ounces of gold, with roughly 1.6 million more inferred, drawn from a database of 904 holes and 270,119 metres. A multi-million ounce project acquired rather than discovered.
28 July 2021drilling result▲ Good
Full drill results table for Auteco's 2020 and 2021 campaigns at Pickle Crow, the project First Mining no longer operates but retains an interest in.
5 Mar 2021resource reserve update● Neutral
Filed the technical report behind the January prefeasibility study for Springpole, with the same headline figures.
21 Jan 2021resource reserve update▲ GoodMajor
Springpole's first prefeasibility study: a 30,000 tonne-a-day open pit worth US$995 million after tax at a 5% discount with a 29% return, producing an average 335,000 ounces of gold a year at all-in sustaining costs of US$577 an ounce in years one to nine. The first study-grade number on the asset First Mining has held since its early days.
29 Sept 2020drilling result▲ Good
First drill results reported from Pickle Crow under the Auteco earn-in.
4 Sept 2020drilling progress report▲ Good
Auteco expanded its drill program at Pickle Crow.
4 Aug 2020drilling result▲ Good
A one-metre intercept of 173.8 g/t gold at Goldlund, from the 2019-2020 program.
7 July 2020drilling result▲ Good
Goldlund returned 5.46 g/t gold over 9.6 metres and 2.51 g/t over 22.0 metres - results that now belong to a project First Mining has agreed to sell.
6 May 2020drilling result▲ Good
More Goldlund results from zones 2 and 3 of the main zone.
30 Mar 2020drilling progress report▲ Good
Auteco identified multiple walk-up drill targets at Pickle Crow with a campaign due to start in late March.
2 Mar 2020drilling result▲ Good
First results from the Goldlund main zone: 5.36 g/t gold over 21.0 metres, in the existing resource area.
11 Feb 2020drilling result▲ Good
Finished drilling at Goldlund's Miller prospect with 2.23 g/t gold over 33.0 metres, moved the rigs to the Goldlund main zone, and reported a director's resignation in the same release.
19 Nov 2019drilling result▲ Good
Goldlund's Miller prospect returned 7.27 g/t gold over 14.0 metres and the drill program there was expanded to 32 holes.
25 Sept 2019drilling result▲ Good
Goldlund drilling returned 4.17 g/t gold over 41 metres.
24 June 2019drilling progress report● Neutral
Started the 2019 drill program at Goldlund.
12 June 2019drilling progress report● Neutral
Put the money from the May placement to work: update the Springpole economic study and advance its permitting, and drill Goldlund to follow up the 2018 programme. Springpole and Goldlund are named as the two priority assets in a much larger portfolio.
27 Mar 2019resource reserve update● NeutralMajor
Rebuilt two of Goldlund's seven resource domains with the 2018 infill drilling: Zone 1 indicated resources gained 37,950 ounces as tonnage fell and grade rose from 1.65 to 2.16 g/t, while Zone 1 inferred resources lost 219,800 ounces, tonnage dropping from 17.8 to 11.3 million tonnes. Infill drilling firmed up what was there and deleted a chunk of what had only been inferred.
19 Feb 2019resource reserve update▲ Good
Interim metallurgical testing at Springpole, the flagship northwestern Ontario project, pointed to materially better gold and silver recoveries than previously assumed.
20 Sept 2018drilling result▲ Good
Drilling at the wholly owned Goldlund project in northwestern Ontario cut 5.34 g/t gold over 21.5 metres, part of the 40,000 metre 2018 infill campaign there.