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First Mining Gold's Springpole Gold Project Clears Federal Environmental Review

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First Mining Gold's (FF.TO) planned Springpole Gold Project in northwestern Ontario is not likely to cause significant adverse environmental effects, the federal government said in a press release on Tuesday.

The project, located about 110 kilometers northeast of Red Lake, Ontario, will include an open-pit gold and silver mine and an on-site metal mill. The project is expected to generate thousands of direct and indirect jobs and represents a capital investment of about C$957.7 million, according to the government.

"Our government is focused on building a strong, resilient economy while protecting the environment and advancing reconciliation with indigenous peoples. The Springpole Gold Project demonstrates how major projects can move forward in a responsible way - grounded in science, indigenous knowledge and meaningful consultation," said Julie Dabrusin, Minister of the Environment, Climate Change and Nature.

Six indigenous communities participated in the federal environmental assessment process.

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