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CHAMPION IRON REPORTS RECORD PRODUCTION IN ITS FY2024 THIRD QUARTER, APPROVES THE DRPF PROJECT AND ANNOUNCES THE RESULTS OF THE KAMI PROJECT STUDY

First Mining Files Technical Report for the Positive Preliminary Economic Assessment for the Duparquet Gold Project, Quebec, Canada

VANCOUVER, BC, Oct. 23, 2023 /PRNewswire/ - First Mining Gold Corp. is pleased to announce that the Company has filed on SEDAR+ an independent Preliminary Economic Assessment technical report .

First Mining Announces Positive Preliminary Economic Assessment for the Duparquet Gold Project, Quebec, Canada

Pre-Tax NPV5% of C$1.07 billion, After-Tax NPV5% of C$588 millionPre-Tax IRR of 24.9%, After-Tax IRR of 18.0%Average LOM Annual Gold Production of 233 koz with AISC of US$976/oz over 11-year.

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