financetom
Business
financetom
/
Business
/
First Mining Gold Plans 18,000 Meters of Drilling in 2025 at Duparquet Gold Project in Quebec
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
First Mining Gold Plans 18,000 Meters of Drilling in 2025 at Duparquet Gold Project in Quebec
Mar 5, 2025 5:54 AM

08:26 AM EST, 03/05/2025 (MT Newswires) -- First Mining Gold ( FFMGF ) said Wednesday that it plans to complete 18,000 meters of exploration drilling this year at the Duparquet gold project in Quebec.

The company said this will be its largest exploration drill program since acquiring full project ownership in 2022.

First Mining said the campaign will focus on advancing priority targets that are aligned to resource growth potential.

"We are keen to further advance upon a number of significant exploration opportunities at Duparquet and are extremely excited about potential new catalysts for growth for this important project located in the heart of the Abitibi gold region," CEO Dan Wilton said.

The company plans to mobilize the initial drill rig during the first week of March, and aims to bring on a second drill rig in the second quarter.

First Mining's share price rose 4.2% on Tuesday to $0.125 on the TSX.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
--Nvidia Shares Attempt Rebound Premarket Tuesday After Closing 6.7% Lower Monday
--Nvidia Shares Attempt Rebound Premarket Tuesday After Closing 6.7% Lower Monday
Jun 25, 2024
04:47 AM EDT, 06/25/2024 (MT Newswires) -- Price: 116.57, Change: +0.93, Percent Change: +0.84 ...
BRIEF-Neoen Signs Share Purchase Agreement For The Acquisition Of A Majority Stake by Brookfield
BRIEF-Neoen Signs Share Purchase Agreement For The Acquisition Of A Majority Stake by Brookfield
Jun 25, 2024
June 25 (Reuters) - Neoen SA: * SIGNING OF SHARE PURCHASE AGREEMENT FOR ACQUISITION OF A MAJORITY STAKE IN NEOEN BY BROOKFIELD FROM IMPALA * PRICE OF 39.85 EUROS PER SHARE * EXPECTED THAT REGULATORY APPROVALS BE OBTAINED BY Q4 2024 AND THAT THE TENDER OFFER BE LAUNCHED IN Q1 2025 * AGREEMENT SIGNED BETWEEN BROOKFIELD (PURCHASER) AND IMPALA, THE...
OpenAI to cut access to tools for developers in China and other regions, Chinese state media says
OpenAI to cut access to tools for developers in China and other regions, Chinese state media says
Jun 25, 2024
BEIJING, June 25 (Reuters) - ChatGPT maker OpenAI is planning to block access to technology used to build artificial intelligence products for entities in China and some other countries, a Chinese state-owned newspaper reported on Tuesday. ChatGPT is not available in mainland China but many Chinese startups have been able to access OpenAI's application programming interface (API) platform and use...
Exxon-led Guyana oil group's net jumps in 2023, margins top Nvidia's
Exxon-led Guyana oil group's net jumps in 2023, margins top Nvidia's
Jun 25, 2024
By Kemol King and Sabrina Valle GEORGETOWN/HOUSTON (Reuters) - Guyana's lucrative agreement with an Exxon Mobil-led consortium in the South American country last year generated $6.33 billion for the partners, government data showed, yielding a net margin larger than that of chip-maker Nvidia Corp. The trio's combined net margin was 56%, greater than the 49% Nvidia earned in its most...
Copyright 2023-2026 - www.financetom.com All Rights Reserved