First Mining Provides Update on 2025 Exploration Program at Duparquet Gold Project, Mobilizes First Drilling Rig

First Mining Gold Corp. has announced its 2025 exploration programs at the Duparquet Gold Project (“Duparquet Project” or the “Project”) located in the Abitibi region of Quebec. The 2025 program at the Duparquet Project will be the largest exploration drill program undertaken by the Company since acquiring full ownership of the Project in 2022. First Mining will aim to complete an approximate 18,000 m of exploration drilling this year, focusing on advancing priority targets that are aligned to resource growth potential which will further unlock an important regional gold endowment supportive of future development optionality at the Duparquet Project. The program is built upon key target centres that the Company has previously identified and significantly de-risked, for an expansion of internal successes and recent discoveries while also pursuing new regional exploration opportunities.

The Company commenced its maiden drill program at the Duparquet Project in May 2023.  Over the last two years, First Mining has completed approximately 20,000 m of exploration drilling combined with significant updated geoscience modelling and targeting. The exploration strategy continues to be guided by further advancing resource confidence, as well as developing extension and discovery-level targets spanning the approximately 5,800 hectare mineral tenure which covers a 19 km strike length of the highly prospective Destor-Porcupine Fault Zone (“DPFZ”). Initial drill rig mobilization to the property will commence during the first week of March 2025.  

“We are excited to embark on a new exploration program that will almost double the amount of drilling completed to date since First Mining acquired the Duparquet Project in 2022,” stated Dan Wilton, CEO of First Mining. “In addition to the 20,000 m of drilling First Mining has completed, the Company inherited 270,000 m of historical drilling at the Project that provides a strong foundation for our understanding of the deposit.  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.” 

Highlights from the last three phases of drilling programs include the unlocking of new discovery zones at Miroir, Aiguille (2024) and Buzz (2023), successfully demonstrating resource extensional targets along strike and at depth (Valentre, North Zone, DCD and East Extension), as well as delineating higher-grade zones within key mineralization areas (CDHG, Valentre and North Zone) (see Figure 1, Figure 2 and Table 1 for assay results). In addition, new favourable host lithologies and structures were identified, with significant results returned within mafic volcanic units to the north of the main resource at the North Zone and Miroir targets, and similarly from the south at the Buzz and Aiguille targets, which are hosted in brecciated units in contact with sediments. 

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