Mining & Metals
FireFox Gold Adds Deeper Mineralization at the Northeast Zone and Extends the East Zone at the Mustajarvi Project, Finland
FireFox Gold (FFOX.V) reported additional assay results and observations from the ongoing drill program at the company's 100%-held Mustajarvi Gold Project in Lapland, Finland, on Tuesday.Drill hole 26MJ005 at the Northeast Zone tested for deeper extensions of a high-grade gold zone (first reported in 2021) and intersected 11.0 metres at 4.9 g/t gold from 301.5 metres downhole, said the company and added that the hole also hit several other lower grade intervals, opening the southern and deeper parts of the Northeast Zone for more follow-up drilling.In step-out drilling at the East Zone, drill hole 26MJ004 extended the zone by 50 metres to the northeast with intercepts such as 3.0 metres at 1.51 g/t gold, 4.3 metres at 1.5 g/t gold, and 3.2 metres at 1.12 g/t gold - all from less than 100 metres depth, it further noted. The company added three more holes with narrow lower grade intercepts from grid drilling on the south side of the East Zone, it said."FireFox drilling has also moved into the gap between the East and Northeast Zones, where two holes have just been logged, sampled, and sent for assay," said the company. "Company geologists have documented the presence of visible gold at a depth of 112.3 metres in one of these holes (26MJ012)."In 26MJ010, the drill encountered semi-massive to massive pyrite mineralized quartz breccia over 6.0 metres beginning immediately below thin glacial overburden, the company said and added that such quartz-pyrite breccias commonly contain significant gold at the Mustajarvi project."The Company cautions, however, that assays are not yet available for these intervals, so there can be no assurance of significant gold mineralization in these two drill holes," it stated."Our team is doing an incredible job moving the drill around the Mustajarvi property, both filling in the grid around the discovery zones and testing far flung exploration targets," said Carl Lofberg, FireFox's Chief Executive Officer.This work is part of the ongoing diamond drill program at Mustajarvi, which is expected to exceed 10,000 metres before the end of spring 2026, said the company and added that the program mixes infill and step-out drilling at existing mineralized zones and tests some new targets both proximal and distal to the main mineralized structures.
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