Another Round Of Drilling At Mustajärvi Project Completed

SODANKYLÄ, FINLAND - FireFox Gold Corp. reported testing up to four of the gold properties in Finland's Central Lapland Greenstone Belt. It has completed the first pass of the phase 5 drilling program at its 100%-held Mustajärvi Gold Project, including 1,664 meters in four holes. Drilling was primarily focused at the Northeast Target where the Company previously reported a high-grade gold zone including 93.88 g/t gold over 1.35 meters in hole 21MJ001 and 7.69 g/t gold over 16.45 meters in hole 21MJ010. A fourth hole was drilled to probe for the heart of the new East Target, located approximately 750 meters east from 21MJ001. All results are pending as these four holes are at various stages of logging, cutting, and sampling or are newly arrived at the laboratory for sample preparation and analysis.

Carl Löfberg, President and CEO, said, "The main strategy for this round of drilling at Mustajärvi was to add closely spaced step-out holes around the high-grade zone to gain a better understanding of its dimensions and controls. We have further tested the overall size of the mineralized system by adding another hole in the East Zone, one hundred meters from the encouraging results from earlier in 2021. While the Mustajärvi core is being processed and analyzed, we are moving ahead to evaluate the exciting new targets at Utsamo. We shall return to Mustajärvi for more drilling later in this drill program."

The drill rig has now mobilized to the Utsamo Prospect at the Jeesiö Gold Project, where base-of-till (BOT) sampling from 2020 and 2021 identified strong gold and multi-element anomalies, likely associated with multiple interpreted splays of the Sirkka Shear Zone. Drilling will commence immediately with up to six holes planned, for a total of approximately 1,300 meters in two areas.

The priority is the group of holes aimed at the prominent multi-line BOT anomaly near the northwest limits of the sampling, which is comprised of associated gold and pathfinder elements along the margin of a magnetic low. The second group will include a few drill holes farther south and east aimed at structural and geophysical targets with associated BOT anomalies. The Utsamo Corridor includes more than 5 kilometers along the inferred path of the Sirkka Shear Zone as it bends through the project area. FireFox's gold targets have resulted from an integrated interpretation of geological, geophysical, and geochemical data. The drill campaign is expected to continue through January 2022 with two additional target areas likely to see drilling