Additional Shallow High-Grade Gold At Mustajarvi East Target

FINLAND - FireFox Gold Corp. reported on the successful fall 2022 core drilling campaign at the Mustajarvi Gold Project in Lapland, Finland. Drill holes 22MJ024 and 22MJ025 at the East Target both encountered significant near-surface high-grade gold and extended the East Target mineralization to the northwest, southeast, and downdip. These holes were drilled along two different sections separated by 25m. Drill hole 22MJ024 further delineated a western lobe of shallow high-grade gold first discovered in 22MJ022. Whereas 22MJ025 further defined the eastern lobe of surface high grade defined by 22MJ006.

CEO, Carl Löfberg, commented, "Our drill program in late 2022 has provided the best evidence yet that Mustajarvi hosts replacement style gold mineralization with the potential for bulk tonnage at excellent grades. These most recent holes extend the outstanding results from 22MJ006 and 22MJ021 for at least 20m to the southwest and 15m to the north, while also revealing narrower high-grade structures with vertical continuity. There is plenty of room to grow the East Target in all directions, and our structural model strongly suggests that there is more of this style of mineralization to be found along the +2km strike of the system. We expect to be drilling again at Mustajarvi by April, and we intend to excavate trenches during the summer for initial metallurgical test work."