First Mining Gold says JV Partner at Pickle Crow Gold completes stage one earn-in
The definitive earn-in agreement penned in March 2020, gives Auteco the opportunity to earn up to an 80% interest in First Mining’s wholly-owned subsidiary PC Gold Inc For stage two of the earn-in process Auteco must complete an additional $5 million exploration expenditure, then pay First Mining $1 million in cash within 90 days
First Mining Gold Corp (TSE:FF) (OTCQX:FFMGF) (FRA:FMG) has reported that its partner Auteco Minerals Ltd (ASX:AUT) has fulfilled the first stage of an earn-in agreement for the Pickle Crow Gold project in northwestern Ontario.
First Mining Gold (TSE: FF – OTCQX: FFMGF) CEO Dan Wilton joined Steve Darling from Proactive to share details the company has received final approval.
IRW-News: First Mining Gold Corp. : First Minings Joint-Venture-Partner meldet erfolgreichen Abschluss der ersten Earn-in-Phase für das Goldprojekt Pickle Crow in der kanadischen Provinz Ontario boersennews.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from boersennews.de Daily Mail and Mail on Sunday newspapers.
First Mining Options Additional Land Package Near Springpole Gold Project
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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
First Mining partners with Big Ridge on Newfoundland gold project
Barge drilling at Springhole. Credit: First Mining Gold
First Mining Gold (TSXV: FF; US-OTC: FFMGF) has entered into a definitive agreement with
Big Ridge Gold (TSXV: BRAU), allowing the explorer to earn up to an 80% stake in the past-producing Hope Brook gold project in southwestern Newfoundland.
Big Ridge may earn up to 80% in Hope Brook through a two-stage, five-year earn in that calls for a total of $20 million in spending on the project, the issue of 36.5 million of its shares to the vendor and a $2 million payment to First Mining at the start of commercial production. First Mining will keep a 1.5% net smelter return (NSR) royalty on the property and have its interest carried for free through to a feasibility study.