Investor Presentaiton
DUPARQUET - AN ADVANCED STAGE ASSET
•
Released Positive PEA in September 2023
Revitalizes a historical past-producing Quebec gold district
Located on the Destor-Porcupine Fault Zone - only 50 km from Rouyn-
Noranda
• 233 koz Au annual LOM recovered at AISC less than US$1,000 over 11-year
mine life
•
C$588M after-tax NPV at 5% and 18% IRR at US$1,800/oz
Updated mineral resource estimate in August 2023 meaningfully enhances
resource profile of First Mining and Quebec presence
• 3.4 Moz gold in the Measured & Indicated category, plus 2.6 Moz gold in the
Inferred category at Duparquet
.
Includes two previously 100% owned deposits, Pitt Gold and Duquesne
Significant historical drilling with exploration upside
.
Mineralized zones open along strike and at depth to complement more than
270,000 m of historical drilling completed between 2008 and 2013
Completed new 5,000m exploration drill program confirming a new modeled
zone with significant drill intercepts; Phase II program now commenced
Highly experienced and accomplished Quebec-based environmental team in
place
• Direct previous experience with large scale mining reclamation development,
including most recently at the Hardrock project
TSX: FF | OTCQX: FFMGF | FRANKFURT: FMG | www.firstmininggold.com
0000/$$
BEATTIE
610000
620000
630000
Property Name
Rapide
Danseur
Town of Duparquet
Duparquet
Porcupine East
Duquesne
Pitt
Historical Mine
Amtfield
DONCHESTER
CENTRAL
DUPARQUET
LAMGOLD
DUMICO
4
5 km
IAMGOLD
640000
Duparquet Gold Project
Abi-Ouest
Pitt Gold
G
FIRST MINING
GOLD
650000
660000
670000
Duquesne
D'Alembert
QUEBEC
Rouyn-Noranda
Rouyn-Noranda
PITT GOLD
McWatters
Airport
0
Kilometres
20
DUQUESNE
N
5360000
5350000
Consolidated Tenure
| 22View entire presentation