SODANKYLÄ, FINLAND / ACCESSWIRE / September 17, 2024 / FireFox Gold Corp. (TSXV:FFOX)(OTCQB:FFOXF) (“FireFox” or the “Company”) is pleased to announce results from its summer exploration program and plans for additional work before winter. The Company focused its summer work on two of its 100%-controlled projects in northern Finland: Mustajärvi and Jeesiö.
The effort at Mustajärvi is aimed at expanding the footprint of gold mineralization beyond the three zones already identified in drilling and trenching over the last several years. The project has yielded numerous strongly mineralized intervals from drilling, including 13.85m at 28.74 g/t gold from 24m down hole (22MJ006) and 15.5m at 13.09 g/t gold from 11m down hole (22MJ021). The first trench from Mustajärvi East in the summer of 2023 also included outstanding results of 6.87m of 59.12 g/t gold.
Outcrop at Mustajärvi is rare, as most of the property is covered by variable deposits of glacial sediments. However, recent prospecting has discovered a new prospect with outcropping gold mineralization, including rock chip samples of 4.82 and 4.41 g/t gold. The new target is approximately 500 meters away from the nearest drilling. Fill-in base-of-till (BoT) sampling also continues to highlight structures and aid in the interpretation of the deposit. Company geologists are preparing a small trenching campaign to follow-up on last year’s success at Mustajärvi East and increase the exposure around the new prospect. The team also aims to conduct some magnetics and electromagnetic surveys ahead of a planned winter drill program.
Insight:
It’s crucial for mining companies like FireFox Gold Corp. to continuously explore and expand on known mineralized zones while also prospecting for new targets to ensure a sustainable pipeline of resources for future development.
Jeesiö is a large project with numerous targets across different settings. Since 2021, FireFox has enjoyed modest success in the south of the property from very limited work. This summer and fall, Company geologists are adding detailed ground magnetics in areas of encouraging rock sampling. The new magnetics data suggest that gold in rock samples in the Kataja and Saittavaara areas may be related to trending structures that intersect magnetic lows. Trenching and BoT sampling are planned in the prospective areas. The first drilling in this part of Jeesiö may also come during the winter.
Carl Lofberg’s Comments:
Carl Lofberg, FireFox’s CEO, highlighted the continuous growth of the gold system at Mustajärvi and the discovery of a new prospect with strong grade at the surface. He also emphasized the importance of a well-rounded exploration toolkit including detailed magnetics, structural interpretation, mapping, and sampling for successful discoveries.
The potential grades noted above and discussed are conceptual in nature, and it is uncertain if further exploration will result in these targets being delineated as a mineral resource.
Mustajärvi Update
The Mustajärvi Project lies along the highway between the cities of Kittilä and Sodankylä, approximately 17 kilometers east of Kittilä. Drilling to date has delineated three different lodes of gold mineralization along more than 1.5 kilometers of strike. Due to its near-surface high-grade nature, the Company has been focusing most recently on the East Target.
Jeesiö Project Update
The 100%-controlled Jeesiö Project covers approximately 74.6 km2 along one of the major trans-crustal structures that control the emplacement of numerous orogenic gold deposits in Lapland. The main Jeesiö targets include the Utsamo and Kataja Belt areas. From south to north, the Kataja Belt consists of three gold prospects: Saittavaara, Katajavaara South (KJ South) and Katajavaara Hill (KJ Hill).
Methodology & Quality Assurance
Samples reported in this news release were collected by FireFox geologists and processed with detailed procedures to ensure data accuracy. The Company works with accredited laboratories to conduct analyses of the samples and follows industry standard quality assurance practices.
Patrick Highsmith, a Certified Professional Geologist, is the qualified person responsible for overseeing the technical information in this news release.
FireFox Gold Corp. continues to hold a strong position in the mining industry in Finland, leveraging its experienced team and innovative exploration techniques to uncover new mineral resources.
View the original press release on accesswire.com.
SODANKYLÄ, FINLAND / ACCESSWIRE / September 17, 2024 / FireFox Gold Corp. (TSXV:FFOX)(OTCQB:FFOXF) (“FireFox” or the “Company”) is pleased to announce results from its summer exploration program and plans for additional work before winter. The Company focused its summer work on two of its 100%-controlled projects in northern Finland: Mustajärvi and Jeesiö.
The effort at Mustajärvi is aimed at expanding the footprint of gold mineralization beyond the three zones already identified in drilling and trenching over the last several years. The project has yielded numerous strongly mineralized intervals from drilling, including 13.85m at 28.74 g/t gold from 24m down hole (22MJ006) and 15.5m at 13.09 g/t gold from 11m down hole (22MJ021). The first trench from Mustajärvi East in the summer of 2023 also included outstanding results of 6.87m of 59.12 g/t gold.
Outcrop at Mustajärvi is rare, as most of the property is covered by variable deposits of glacial sediments. However, recent prospecting has discovered a new prospect with outcropping gold mineralization, including rock chip samples of 4.82 and 4.41 g/t gold. The new target is approximately 500 meters away from the nearest drilling. Fill-in base-of-till (BoT) sampling also continues to highlight structures and aid in the interpretation of the deposit. Company geologists are preparing a small trenching campaign to follow-up on last year’s success at Mustajärvi East and increase the exposure around the new prospect. The team also aims to conduct some magnetics and electromagnetic surveys ahead of a planned winter drill program.
Insight:
It’s crucial for mining companies like FireFox Gold Corp. to continuously explore and expand on known mineralized zones while also prospecting for new targets to ensure a sustainable pipeline of resources for future development.
Jeesiö is a large project with numerous targets across different settings. Since 2021, FireFox has enjoyed modest success in the south of the property from very limited work. This summer and fall, Company geologists are adding detailed ground magnetics in areas of encouraging rock sampling. The new magnetics data suggest that gold in rock samples in the Kataja and Saittavaara areas may be related to trending structures that intersect magnetic lows. Trenching and BoT sampling are planned in the prospective areas. The first drilling in this part of Jeesiö may also come during the winter.
Carl Lofberg’s Comments:
Carl Lofberg, FireFox’s CEO, highlighted the continuous growth of the gold system at Mustajärvi and the discovery of a new prospect with strong grade at the surface. He also emphasized the importance of a well-rounded exploration toolkit including detailed magnetics, structural interpretation, mapping, and sampling for successful discoveries.
The potential grades noted above and discussed are conceptual in nature, and it is uncertain if further exploration will result in these targets being delineated as a mineral resource.
Mustajärvi Update
The Mustajärvi Project lies along the highway between the cities of Kittilä and Sodankylä, approximately 17 kilometers east of Kittilä. Drilling to date has delineated three different lodes of gold mineralization along more than 1.5 kilometers of strike. Due to its near-surface high-grade nature, the Company has been focusing most recently on the East Target.
Jeesiö Project Update
The 100%-controlled Jeesiö Project covers approximately 74.6 km2 along one of the major trans-crustal structures that control the emplacement of numerous orogenic gold deposits in Lapland. The main Jeesiö targets include the Utsamo and Kataja Belt areas. From south to north, the Kataja Belt consists of three gold prospects: Saittavaara, Katajavaara South (KJ South) and Katajavaara Hill (KJ Hill).
Methodology & Quality Assurance
Samples reported in this news release were collected by FireFox geologists and processed with detailed procedures to ensure data accuracy. The Company works with accredited laboratories to conduct analyses of the samples and follows industry standard quality assurance practices.
Patrick Highsmith, a Certified Professional Geologist, is the qualified person responsible for overseeing the technical information in this news release.
FireFox Gold Corp. continues to hold a strong position in the mining industry in Finland, leveraging its experienced team and innovative exploration techniques to uncover new mineral resources.
View the original press release on accesswire.com.
