In this video, First Mining Gold (TSX: FF / WKN: A2JBPS) presents two of its leading projects: the Springpole Gold Project in Northwestern Ontario and the Duparquet Gold Project in Québec.
An updated Pre-Feasibility Study (PFS) was presented in November 2025 for the Springpole Project, one of Canada’s largest undeveloped gold projects. At a gold price of USD 3,100/oz, the project has an after-tax net present value (NPV 5%) of approximately USD 2.1 billion and an internal rate of return (IRR) of approximately 41%. In the spot scenario at USD 4,200/oz, the NPV increases to approximately USD 3.8 billion and the IRR to approximately 63%. The planned annual gold production is approximately 330,000 ounces in the first five years, with all-in sustaining costs of only approximately USD 877/oz.
The Duparquet Project in the Abitibi region of Québec is at the PEA (Preliminary Economic Assessment) stage and will be further advanced in 2025 with an extensive drilling program. According to CEO Dan Wilton, up to 20,000 meters of drilling are planned for this year.
The video provides a clear overview of the current development stages, key economic data, and next steps for both projects. It is aimed at investors seeking well-founded information about the progress of First Mining Gold.
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