Nov 16 2016
First Mining Finance Corp.("First Mining" or the "Company") is pleased to announce that it has commenced a diamond drilling program at its 100%-owned Pickle Crow Gold Project ("Pickle Crow"), located in northwestern Ontario, Canada.
The drill program at Pickle Crow will be comprised of up to eight drill holes totaling approximately 1,100 metres. This drilling campaign will target both the Core Mine trend and the western extension of the Core Mine trend. The program will cover a wide area of the property and will focus on identifying new high-grade vein gold mineralization.
Patrick Donnelly, President of First Mining stated, "We are excited to have initiated our first drill program at Pickle Crow as we expect it will provide us with a greater understanding of the extent of mineralization at the project. We believe the western extension of the Core Mine trend at Pickle Crow has a high likelihood of hosting high-grade, vein-type gold mineralization outside of the Core Mine trend. With drilling at our Springpole Gold Project well underway, and with drill programs planned for our other mineral properties in the coming months, this is an exciting time for First Mining as we take the initial steps toward enhancing the value of the assets we have accumulated over the past year and a half."
ABOUT PICKLE CROW
The Pickle Crow Gold Project was a high-grade operating gold mine until the 1960s. First Mining acquired the project through its acquisition of PC Gold Inc. in November 2015. The project, which covers an area of over 14,700 hectares, is located in northwestern Ontario, approximately 400 kilometres north of Thunder Bay and approximately 11 kilometres east of the Township of Pickle Lake. It hosts an NI 43-101 compliant Inferred Resource of 10.15 Mt grading 3.9 g/t Au and containing 1.26 million ounces of gold (Au).
Dr. Chris Osterman, P.Geo., CEO of First Mining, is the "qualified person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects and has reviewed and approved the technical disclosure contained in this press release.
Source: https://www.firstminingfinance.com/