-- FireFox Gold (FFOX.V) on Thursday reported the results from the remaining three holes of the 2025 reconnaissance drill program at the company's 100%-held Sarvi gold project in Lapland, Finland.
The company said that the target concept for this small reconnaissance drill program was to examine interpreted regional scale structures cutting through discrete magnetic highs and magnetic gradients in the Keulakko permit on the western side of the project area.
The company further said that drill hole 25SA002 was drilled as part of a northeast-southwest oriented fence testing a structural-magnetic corridor located 250 to 500m east of the GTK holes. It stated that the drill hole 25SA002 encountered a narrow gold mineralized interval yielding 1.0 metre at 2.68 g/t Au from 51.5 metres downhole depth.
It added that the drill holes 25SA004 and 25SA005 were collared approximately 480 metres east from drill hole 25SA003. These holes were drilled in a fence towards the southwest direction and targeted interpreted regional scale structures, said the company and added that hole 25SA005 returned a single interval of low-grade gold.
The company plans to follow up this scouting drill program with additional surface sampling, detailed geophysical surveying and drilling later this year.
The company's shares were last seen unchanged at $0.64 on the TSX Venture Exchange.