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First Mining Gold Corp.

US:FFMGFTSX:FFLSE:0P07
US$0.477Close 7 Oct 2026 · delayed

Past year: ▲ 100%(34.0c – 88.0c CAD)

Market cap
A$907m
Shares on issue
1.34bn
Story beats
45 since 2018
Last event
1 July 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

21 May 2026drilling progress report▲ Good

Began the 2026 Duparquet campaign and signed a drilling partnership with Forage Anicinape, an Indigenous-owned contractor.

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19 May 2026drilling result▲ Good

New high-grade intercepts from the North Zone, South Zone and Minuit targets at Duparquet.

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9 Mar 2026drilling result▲ Good

Duparquet hole DUP25-085 returned 3.74 g/t gold over 15.5 metres and 7.18 g/t over 8 metres at the Miroir target.

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29 Dec 2025resource reserve update● Neutral

The Springpole prefeasibility technical report itself, effective 1 December 2025.

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23 Dec 2025resource reserve update● Neutral

Filed the technical report for the updated Springpole prefeasibility study announced in November.

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22 Dec 2025resource reserve update● Neutral

The Duparquet economic assessment technical report as filed.

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18 Nov 2025resource reserve update▲ GoodMajor

The updated Springpole study more than doubled the project's value: after-tax US$2.1 billion at a 5% discount with a 41% return, against US$995 million and 29% in the 2021 version, on the same 30,000 tonne-a-day pit. Average annual production of 330,000 ounces at US$877 an ounce in the first five years, against US$577 in 2021. The base-case gold price moved from US$1,600 an ounce in 2021 to US$3,100 here, which is where most of the extra value comes from.

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10 Nov 2025drilling result▲ Good

Miroir kept growing with 2.01 g/t gold over 29.8 metres and 3.20 g/t over 15.75 metres.

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24 Sept 2025drilling result▲ Good

Hole DUP25-064 returned 3.23 g/t gold over 25.9 metres, expanding the Miroir target near surface.

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8 Sept 2025drilling result▲ Good

Expanded the Aiguille zone at Duparquet to more than 100 metres of strike.

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14 July 2025drilling result▲ GoodMajor

Discovered another new zone at Duparquet, Minuit, positioned for immediate expansion drilling.

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28 May 2025drilling result▲ Good

More near-surface drilling strengthened the Miroir discovery at Duparquet and extended the Valentre zone at depth.

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28 Apr 2025drilling progress report● Neutral

Added a second rig at Duparquet and gave a corporate update.

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5 Mar 2025drilling progress report● Neutral

Mobilised the first rig of the 2025 Duparquet exploration program.

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12 Feb 2025drilling result▲ Good

Confirmed mineralisation that could be added inside the existing Springpole pit design at the East Extension target.

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21 Jan 2025drilling result▲ GoodMajor

Two new gold discoveries at Duparquet, led by the Miroir discovery at 3.12 g/t gold over 19.35 metres - the expansion drilling is finding new zones rather than just infilling the acquired resource.

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21 Nov 2024drilling result▲ Good

Duparquet's Buzz Zone returned 1.55 g/t gold over 15.4 metres as expansion targets were defined around the existing resource.

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19 Nov 2024drilling result▲ Good

Springpole hole SP24-007 pointed to an eastern extension that could add resources next to the planned pit.

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9 Sept 2024drilling result▲ Good

Expanded the high-grade gold discovery in the Birch-Uchi belt near Springpole.

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28 Aug 2024drilling result▲ Good

Drilling at Duparquet's Valentre target returned 3.98 g/t gold over 8.7 metres and a second rig was added.

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18 June 2024drilling result▲ GoodMajor

Duparquet hole DUP24-024 returned several gold zones - 10.67 g/t over 5.3 m, 6.63 g/t over 9.0 m, 3.04 g/t over 33.5 m and 5.97 g/t over 33.0 m - in mafic volcanic units that had never been modelled at Duparquet, so the acquired resource model was missing rock that carries gold.

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21 May 2024drilling result▲ Good

First 2024 Duparquet results, including the first drilling ever aimed at the North Zone.

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1 May 2024drilling progress report● Neutral

Phase three drilling and regional data capture under way at Duparquet.

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23 Feb 2024drilling result▲ Good

Final 2023 Duparquet drill results, including a new zone, and the start of the 2024 program.

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9 Jan 2024drilling result▲ Good

Confirmed a new area of mineralisation between Central Duparquet and the Dumico resource area, and announced management changes in the same release.

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5 Dec 2023drilling result▲ Good

Found new high-grade gold occurrences in the Birch-Uchi belt around Springpole.

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26 Oct 2023resource reserve update● Neutral

Filed the technical report for the Duparquet economic assessment.

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7 Sept 2023resource reserve update▲ GoodMajor

Duparquet's first economic study under First Mining: a 15,000 tonne-a-day operation worth C$588 million after tax at a 5% discount with an 18.0% return, averaging 233,000 ounces of gold a year at all-in sustaining costs of US$976 an ounce over an eleven-year life. A preliminary assessment, so no reserves.

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6 Sept 2023drilling result▲ GoodMajor

First drilling at Duparquet under First Mining defined a new gold zone with 6.52 g/t over 4.6 metres.

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6 July 2023drilling result▲ Good

The Saddle target in the Birch-Uchi belt returned 0.92 g/t gold over 114 metres and 0.75 g/t over 58 metres.

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