Large Gold Resource in Canada
Jeff Swinoga, President & CEO of First Mining Gold Corp. talks about the company’s hopes of becoming a large gold producer in Canada.
“First Mining Gold has a very large gold resource and it’s well diversified. We’ve got four great properties in Ontario, a few in Quebec and one very promising one in Newfoundland. Overall, we’ve got seven million ounces of M&I indicated gold resources and we also have another five million ounces of Inferred. The Springpole Gold Project it’s one of the largest undeveloped gold projects in Canada. It’s almost 5 million ounces of gold. It’s actually in a small bay of a large lake in Northern Ontario. We’ve come up with new video showing how we’re going to develop it and where it is. What stage we are at now is that we’re actually going to an environmental process. We’re hoping to do a pre-feasibility study next year, we have a PA (a preliminary economic assessment) that showed very good results so, it’s very attractive. The Goldlund property looks very exciting, it’s got a 50 kilometer strike and what we’ve been doing is drilling the book two or three kilometres of it. So just with that small area we’ve got about 600 thousand ounces of indicated and 1.8 million of inferred. So, what we’re doing now is we’re stepping out ten kilometres away, if we see the same mineralization along that trend, then it’s going to be exciting. The vision for First Mining Gold is to become a large gold producer in Canada. Hopefully we’ll get in production in five years in Springpole, which is our largest asset, almost five million ounces. So, we have the opportunity to build a large gold company in Canada and I want to be a part of that. I want to drive that process.” – Jeff Swinoga, President & CEO of First Mining Gold
First Mining Gold Corp. is an emerging development company with a diversified portfolio of gold projects in North America. Having assembled a large resource base of 7 million ounces of gold in the Measured and Indicated categories and 5 million ounces of gold in the Inferred category in mining friendly jurisdictions of eastern Canada, First Mining is now focused on advancing its assets towards production. The Company currently holds a portfolio of 25 mineral assets in Canada, Mexico and the United States.
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