First Mining Options Additional Land Package Near Springpole Gold Project
News provided by
Share this article
VANCOUVER, BC, April 29, 2021 /PRNewswire/ -
First Mining Gold Corp. ( First Mining or the Company ) (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) is pleased to announce that the Company has entered into an earn-in agreement with Whitefish Exploration Inc. ( Whitefish ) pursuant to which First Mining may earn, over the course of two stages and over a period of five years, up to a 100% interest in Whitefish s Swain Lake property (the Swain Lake Property ) located in northwestern Ontario. First Mining will have the option to earn an initial 70% interest in the Swain Lake Property by making cash payments totaling $200,000, and share payments totaling $425,000, to Whitefish, and by incurring at least $500,000 worth of expenditures on the Swain Lake Property during the first 3 years of the earn-in term. Upon completing the first stage of the earn-in, First Mining will hol
7 Questions with Oxygen Capital’s Mark O’Dea
Mark O’Dea. Credit: Oxygen Capital
Canadian Mining Journal’s new “Seven Questions” series features informal interviews with accomplished leaders in the mining industry.
CMJ’s first instalment highlights Mark O’Dea, chair and founder of Oxygen Capital, who received the PDAC’s Viola R. MacMillan Award at the virtual convention earlier this week. The award, for demonstrating leadership in management and financing for the exploration and development of mineral resources, recognizes O’Dea’s success as a serial company builder.
Sign Up for the Copper Digest
Sign Up
The Oxygen group has created 10 companies since 2001, five of which have been acquired, including Fronteer Gold, which was sold to Newmont for $2.3 billion in 2011. Among other honours he has received, O’Dea was named EY’s Entrepreneur of the Year for 2014 in the Pacific mining and metals category, and was the 2011 recipient of the Association for Miner
7 Questions with Oxygen Capital s Mark O Dea: There are no shortcuts - Canadian Mining Journal canadianminingjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from canadianminingjournal.com Daily Mail and Mail on Sunday newspapers.