Gold

FireFox Gold Corp. ("FireFox" or the "Company") announces, effective November 15, 2022 that, subject to regulatory acceptance, it has completed the second and final tranche of the non-brokered private placement (the "Private Placement") announced on September 21, 2022.

FireFox has raised gross proceeds of $506,000 by issuing 5,060,000 units of the Company at a purchase price of $0.10 per unit. Each unit consists of one common share of the Company and one-half common share purchase warrant, with each whole warrant being exercisable to acquire one additional common share of the Company at an exercise price of $0.18 per share for a term of two years from the date of issuance. The Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation.

The Company intends to use the proceeds of the Private Placement for general corporate purposes, working capital and exploration activities on FireFox's gold exploration properties in Finland.

FireFox paid to qualified finders $1,800 in cash finders fees and issued 18,000 finders warrants exercisable at $0.18 for 2 years from the date of issuance in association with the first tranche of the Private Placement.

About FireFox Gold Corp.

FireFox Gold Corp is listed on the TSX Venture Stock Exchange under the ticker symbol FFOX. FireFox also trades on the OTCQB Venture Market Exchange in the US under the ticker symbol FFOXF. The Company has been exploring for gold in Finland since 2017 where it holds a huge portfolio of prospective ground.

Finland is one of the top mining investment jurisdictions in the world as indicated by its multiple top-10 rankings in recent Fraser Institute Surveys of Mining Companies. Having a strong mining law and long mining tradition, Finland remains underexplored for gold. Recent exploration results in the country have highlighted its prospectivity, and FireFox is proud to have a Finland based CEO and technical team.

For more information, please refer to the Company's website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

"Carl Löfberg"
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: carl@firefoxgold.com
Telephone: 778-938-1994

Forward Looking Statements

The information herein contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, the extent of work stoppage and economic impacts that may result from the COVID 19 virus, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry.

Forward-looking statements in this release may include statements regarding: the expected total financing amounts, terms, and timeframe; and the current and future work program, including the extent and nature of exploration to be conducted in 2020. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

Source

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Firefox Gold Follows-Up High-Grade Gold with Drill Program at Mustajärvi Gold Project, Finland

Firefox Gold Follows-Up High-Grade Gold with Drill Program at Mustajärvi Gold Project, Finland

FireFox Gold Corp. (TSXV:FFOX)(OTCQB:FFOXF) ("FireFox" or the "Company") is pleased to announce that it has completed a small drilling program aimed primarily at offsetting the newly discovered high-grade zone in the East Target at its Mustajärvi Project in Finland. The Company drilled 6 shallow diamond core holes at Mustajärvi totaling 977 metres

FireFox announced on July 13, 2022, that its May drill program at Mustajärvi had returned the best drillhole yet on the project (22MJ006: 13.85m at 14.39 g/t gold), and that the mineralization encountered in this new zone occurs very near surface (less than 20.0m vertical). Subsequent screen fire assays identified significant coarse gold in one of the samples. The results from the more rigorous screen fire assays returned a calculated total gold for one of the samples of approximately 227.4 g/t gold. All other high-grade (>10.0 g/t) samples within the interval were confirmed by multiple 50-gram fire assays with gravimetric finish and by the 1,000-gram screen fire assays. The resulting new weighted average for the interval in drill hole 22MJ006 was 13.85m at 28.74 g/t gold (See Company news release dated September 6, 2022).

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FireFox Gold Reports More Shallow High-Grade Gold from the East Target at the Mustajärvi Project, Finland

FireFox Gold Reports More Shallow High-Grade Gold from the East Target at the Mustajärvi Project, Finland

FireFox Gold Corp. (TSXV:FFOX)(OTCQB:FFOXF) ("FireFox" or the "Company") is pleased to report the final results from its 2021 - 2022 drilling program at the Company's 100%-held Mustajärvi Gold Project in Lapland, Finland. The last two core holes (22MJ017 and 22MJ018) tested the East Target (see Figure 1), which hosts the best drill hole to date from the project: 13.85 metres averaging 14.39 gt gold in 22MJ006 (see Company news release dated July 13, 2022). Both of these drill holes encountered significant gold mineralization, sometimes coming to surface beneath thin glacial sediments

Hole 22MJ018 returned multiple significant gold intervals starting near-surface and continuing to depths of approximately 80 metres, an extension of nearly 50 metres down-plunge from previous drilling at this location. The intercepts are summarized below, but in aggregate, the grade-thickness of gold mineralization in this hole is more than 110 gram-metres. FireFox has now drilled six holes into three different target areas at Mustajärvi with > 90 gram-metres of gold mineralization. These intercepts occur along more than 1.5km strike of the shear zone.

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FireFox Gold Extends Mineralized Zone at Central Zone on Mustajärvi Project, Finland

FireFox Gold Extends Mineralized Zone at Central Zone on Mustajärvi Project, Finland

FireFox Gold Corp. (TSXV:FFOX)(OTCQB:FFOXF)("FireFox" or the "Company") is pleased to report additional results from its 2022 core drilling program at the Company's 100%-held Mustajärvi Gold Project in Lapland, Finland. Of particular note are results from drill hole 22MJ015, which intersected 1 metre averaging 46.93 gt gold from 33.5 metres down-hole. This hole was collared approximately 40 metres northeast of the easternmost drill hole at the Central Zone. Drill hole 22MJ016 also encountered 1.15 metres averaging 4.4 gt gold from 94.4m depth on the western end of the Central Zone

In addition, drilling intersected elevated gold grades within the Gabbro Target in drill holes 22MJ004 and 22MJ013. The Gabbro Target lies farther west at Mustajärvi and has seen very limited drill testing (see Figure 1). These new narrow low grade gold intercepts associated with veining and alteration are considered encouraging for the future potential of this part of the property.

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Firefox Gold Announces Completion of Shares for Debt Transaction

Firefox Gold Announces Completion of Shares for Debt Transaction

FireFox Gold Corp. ("FireFox" or the "Company") (TSXV:FFOX) announces that the Company has completed the previously announced issuance of shares in exchange for drilling services. FireFox entered into an agreement for services with Oy Kati Ab Kalajoki ("Kati"), an arm's length party, pursuant to which the Company has now issued common shares of the Company in full satisfaction of drilling services provided by Kati in Northern Finland (the "Shares for Services

The Company has received invoices from Kati for work performed to March 31, 2022 and under the Agreement has issued 1,056,997 common shares to Kati with a value of $0.15 per share in settlement of invoices totaling $158,549.

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FireFox Gold Announces Agreement with Kati Drilling for Shares for Debt

FireFox Gold Announces Agreement with Kati Drilling for Shares for Debt

FireFox Gold Corp. ("FireFox" or the "Company") (TSXV:FFOX) announces that the Company has entered into an agreement with Oy Kati Ab Kalajoki ("Kati"), an arm's length party, pursuant to which the Company will issue common shares of the Company in full satisfaction of drilling services (the "Services") provided by Kati in Northern Finland

The Company has received invoices from Kati for work performed to March 31, 2022 and under the Agreement will issue 1,056,997 common shares to Kati with a value of $0.15 per share in settlement of invoices totaling $158,549.

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Prime Mining Corp.

Prime Drills Multiple Bonanza and High-Grade Intercepts at Guadalupe Including 33.2 gpt Au and 1,072 gpt Ag over 2.0 Metres

Prime Mining Corp. (“Prime” or the “Company”) (TSX-V: PRYM, OTCQB: PRMNF, Frankfurt: 04V3) announces additional assay results from its recently completed Phase 2 drill program. Today’s results are from the Guadalupe area where Prime continues to delineate and expand the multi-million-ounce Los Reyes high-grade gold-silver deposit. Los Reyes and its three known gold-silver deposit areas (Guadalupe, Z-T and Central), has a mineralized footprint of over 15 square kilometres and is located in a highly prospective, 500-year old mining-friendly district of Sinaloa, Mexico.

Today’s results are from seven drill holes in the main Guadalupe deposit.

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Sarama Resources Intersects 21m @ 7.57g/t Gold at MM Prospect

Extensional Targets Deliver Shallow, High-Grade Intersections

Sarama Resources Ltd. ("Sarama" or the "Company") (ASX:SRR)(TSX-V:SWA) is pleased to announce that exploration drilling at its 100%-owned(4) Sanutura Project (the "Project") has intersected new high-grade mineralisation and identified extensions to selected lodes at the MM Prospect within the Tankoro Deposit. The new mineralisation is located near-surface in oxide material outside the current Mineral Resource and has potential to enhance open pit stripping ratios in any eventual mine development. Sarama intends to pursue these types of targets in upcoming drill programs

The reported drilling totals 2,200m and represents the fifth discovery of new mineralisation in the ongoing +50,000m program, which was designed to increase the oxide component of the Project's 0.6Moz Au (Indicated) plus 2.3Moz Au (Inferred)(1) Mineral Resource.

Highlights

  • New, high-grade mineralisation intersected from surface and outside the modelled Mineral Resource at the MM Prospect
  • Highlighted downhole intersections from new assays include:
    • 21m @ 7.57g/t Au from surface in TAA359;
    • 15m @ 2.48g/t Au from 15m in TAR041;
    • 13m @ 1.41g/t Au from 21m in TAR042;
    • 13m @ 1.36g/t Au from 29m in TAR040; and
    • 30m @ 0.84g/t Au from 8m in TAA411
  • Intersections are in shallow, oxide material with high potential to add to the oxide and transition component of the Mineral Resource, currently standing at 0.2Moz Au (Indicated) plus 0.8Moz Au (Inferred)(2)
  • Identification of new mineralisation proximal to the existing Mineral Resource will enhance project economics
  • Results continue to support the thesis that potential remains for significant new discoveries close to known mineralisation
  • Results from the final suite of assays in the Q2/Q3 2022 program will be announced later this quarter
  • Follow-up drilling, including greenfields exploration drilling, expected to commence in 2023

Sarama's President, CEO & MD, Andrew Dinning commented:

"We are very pleased with the quality of results from the Q2/Q3 2022 exploration program. As per previous releases, these most recent results continue to illustrate the potential for new discoveries within the Tankoro Deposit's very large and prospective mineralised corridor. We look forward to completing the current drill program and following-up the multitude of exciting discoveries made so far."

Sarama Resources Ltd., Monday, November 28, 2022, Press release picture

Figure 1 - Tankoro Deposit Location Plan - Continued Exploration Success for Oxide Targets

A Growth-Oriented Drill Program in Oxide Material

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AGNICO EAGLE PUBLISHES FIRST CLIMATE ACTION REPORT

Stock Symbol: AEM (NYSE and TSX)

Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle" or the "Company") reports that it has released its first Climate Action Report (the "Report"), aligned with the Task Force on Climate-related Financial Disclosures recommendations.  The Company is committed to be Net-Zero by 2050 in absolute Scope 1 and Scope 2 carbon emissions and, to this end, it has set an interim carbon reduction target of 30% of 2021 Scope 1 and Scope 2 greenhouse gas emissions by 2030.  This inaugural Report outlines the Company's proposed plan to meet its climate targets and to remain among the lowest greenhouse gas emitters of the industry's senior gold companies, as well as the strategies of the Company to adapt to and mitigate the impacts of climate change.  With the contribution from the sustainability, energy and innovation teams at each mining operation, the Company believes it has established a credible pathway to decarbonization and is committed to continuously assess and adapt technological advances.

News Provided by Canada Newswire via QuoteMedia

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