First Mining Gold (FF) - NEW Acquisition Adds 5Moz Gold at $5/oz

First Mining Gold Corp. is a project developer with a portfolio of projects in Canada. The company’s flagship project, the Springpole gold project is one of the largest undeveloped open-pit gold deposits in Canada. The project hosts 3.8 million ounces of gold as well as 20.5 million ounces of silver. The pre-feasibility study of the project shows positive economics with an 11-year life of mine, a post-tax NPV5% of CAD$ 995 million and a post-tax internal rate of return (IRR) of 29%.