First Mining Reports High-Grade Gold Intercepts at Duparquet's Miroir Discovery
FFMGF has more than doubled off its 52-week low of $0.161.
Summary
High-grade drill results from the Miroir target at the Duparquet Gold Project extend the discovery's strike length and trigger a resource model update.
Key Events · Product Development and Regulatory · FFMGF
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High-Grade Miroir Drill Results
DUP26-093 returned 5.26 g/t Au over 19.55 m, including 7.58 g/t over 12.95 m and 21.80 g/t over 1.0 m; DUP26-096 returned 3.43 g/t Au over 28.0 m, including 10.36 g/t over 7.2 m.
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Discovery Strike Length Extended
The Miroir target's known strike length increased from 150 m to approximately 220 m, with mineralization remaining open in all directions.
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Resource Model Update Initiated
First Mining began updating the Duparquet resource model to incorporate 48,000 m of drilling completed since the September 12, 2022 Mineral Resource Estimate.
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2026 Drill Program Ongoing
The 15,000 m 2026 drill program at Duparquet continues into Q4 2026, with additional assay results pending, including the final 12 samples from DUP26-096.
Analysis · FFMGF · Energy & Transportation
Initial 2026 drill results from the Miroir target at the Duparquet Gold Project in Quebec delivered a headline intercept of 5.26 g/t gold over 19.55 meters and a broader 28-meter interval grading 3.43 g/t. These results extend the known strike length of the Miroir discovery from 150 meters to approximately 220 meters, with mineralization remaining open in all directions. An update to the Duparquet resource model has also been initiated to incorporate 48,000 meters of drilling completed since the 2022 estimate. The new intercepts build on a series of high-grade results disclosed over the past year and support the potential for resource growth at a project that already hosts 3.44 million ounces in the Measured & Indicated category.
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At the time of this filing, FFMGF was trading at $0.66 on OTC in the Energy & Transportation sector, with a market capitalization of approximately $948.2M. The 52-week trading range was $0.16 to $0.71. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.