First Legacy Mining Corp. Completes Geophysical Interpretation
FIRST LEGACY MINING CORP. COMPLETES GEOPHYSICAL INTERPRETATION
Vancouver, British Columbia – June 1, 2018: First Legacy Mining Corp. (the “Company”)
(TSX-V: FLM) is pleased to announce that it has completed a geophysical interpretation of its
recently completed magnetic/VLF-EM (Very Low Frequency Electro -Magnetic) program at its
Lac Burge Gold Project, located in central Quebec, approximately 27 km SW of the Lac Bachelor
Gold Mine. The interpretation was completed by Jean Hubert P. Eng.
An interpretation of the magnetic dataset successfully defined a series of northeast trending
structures, supporting the 2016 geologic mapping. In addition, VLF-EM interpretation identified
multiple northwest trending conductors, oblique to regional magnetic trend, that improve the
Company’s understanding of the structural geologic context of the north zone mineralization,
where in 2016 rock grab samples from the northern survey grid returned 0.3% and 0.69% copper
(samples #24057 and #24059) and anomalous copper, gold and silver values in shallow backpack
drill holes (see below, and the Company’s March 29, 2018 News Release).
In early 2018, a total of 64 line-kms of survey with a spacing of 100m were completed on three
zones of interest that were identified in the 2016 soil sampling and backpack drilling program.
In the northern block, a total of 23.8 -line kilometers survey were completed. The target in the
northern black is a Beep Mat EM conductor that was tested with backpack drilling and returned
0.475% copper, 1.0 g/t silver (drill hole #100419) and a gold value of 107ppb (drill hole #100425).
In the northwestern block, a total of 24-line kilometers of survey was completed designed to cover
an area of prospective geology and structures where rock gab samples collected during 2016
returned anomalous copper values ranging from 114 to 196 parts-per-million (ppm).
In the southwestern block, 14.7-line kilometers of survey were completed to further map a possibly
fertile regional structure and improve the Company’s existing geologic interpretation.
Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of
Edmonton, AB, is a qualified person for the project as defined by National Instrument 43-101. Mr.
Raffle has reviewed the portion of the technical content of this news release as it relates to the Lac
Burge Gold property.
About First Legacy Mining Corp.
First Legacy Mining Corp. is a mineral exploration company focused on the acquisition,
exploration and development of mineral resource properties. The Company has an option to
acquire a 100% interest and title to the Lac Burge Property located in the Township of Duplessis,
approximately 215km north-east of Val-d’Or, Québec.
Contact Information - For more information, please contact:
Max Sali, Chief Executive Officer
Tel: (604) 367-8117
Email: [email protected]
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Cautionary Statement Regarding “Forward-Looking” Information.
This news release includes certain statements that constitute “forward -looking information” within the meaning of
applicable securities law, including without limitation, statements that addre ss the Lac Burge property, comments
regarding the timing and content of upcoming work programs, and other statements relating to the business prospects
of the Company.
Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates
and assumptions. These statements relate to analyses and other information that are based on forecasts of future results,
estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve
discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future
events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is
expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating that certain actions,
events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved), and variations of such
words, and similar expressions are not statements of historical fact and may be forward-looking statements. Forward-
looking statement are necessarily based upon a number of factors that, if untrue, could cause the actual results,
performances or achievements of the Company to be materially d ifferent from future results, performances or
achievements express or implied by such statements. Such statements and information are based on numerous
assumptions regarding present and future business strategies and the environment in which the Company will operate
in the future, including the price of metals, anticipated costs and the ability to achieve goals, that general business and
economic conditions will not change in a material adverse manner, that financing will be available if and when needed
and on reasonable terms, and that third party contractors, equipment and supplies and governmental and other
approvals required to conduct the Company’s planned exploration activities will be available on reasonable terms and
in a timely manner . While such es timates and assumptions are considered reasonable by the management of the
Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and
risks.
Forward-looking statements are subject to a variety of risks and uncertainties, which could cause actual events, level
of activity, performance or results to differ materially from those reflected in the forward -looking statements,
including, without limitation: (i) risks related to gold , copper and other commodity price fluctuations; (ii) risks and
uncertainties relating to the interpretation of exploration results; (iii) risks related to the inherent uncertainty of
exploration and cost estimates and the potential for unexpected costs and expenses; (iv) that resource exploration and
development is a speculative business; (v) that the Company may lose or abandon its property interests or may fail to
receive necessary licences and permits; (vi) that environmental laws and regulations may become more onerous; (vii)
that the Company may not be able to raise additional funds when necessary; (viii) the possibility that future
exploration, development or mining results will not be consistent with the Company’s expectations; (ix) exploration
and development risks, inc luding risks related to accidents, equipment breakdowns, labour disputes or other
unanticipated difficulties with or interruptions in exploration and development; (x) competition; (xi) the potential for
delays in exploration or development activities or th e completion of geologic reports or studies; (xii) the uncertainty
of profitability based upon the Company’s history of losses; (xiii) risks related to environmental regulation and
liability; (xiv) risks associated with failure to maintain community acceptance, agreements and permissions (generally
referred to as “social licence”) , including local First Nations; (xv) risks relating to obtaining and maintaining all
necessary government permits, approvals and authorizations relating to the continued exploration and development of
the Company’s projects; (xvi) risks related to the outcome of legal actions; (xvii) p olitical and regulatory risks
associated with mining and exploration; (xix) risks related to current global financial conditions; and (xx) other risks
and uncertainties related to the Company’s prospects, properties and business strategy. These risks, as w ell as others,
could cause actual results and events to vary significantly.
There can be no assurance that economic resources will be discovered or developed at the Lac Burge property.
Accordingly, actual results may differ materially from those currently anticipated in such statements.
Factors that could cause actual results to differ materially from those in forward looking statements include, but are
not limited to, continued availability of capital and financing and general economic, market or busin ess conditions,
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the loss of key directors, employees, advisors or consultants, adverse weather conditions, equipment failures, failure
of counterparties to perform their contractual obligations and fees charged by service providers. Investors are
cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are
cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements.
The forward -looking statements in cluded in this news release are made as of the date hereof and the Company
disclaims any intention or obligation to update or revise any forward -looking statements, whether as a result of new
information, future events or otherwise, except as expressly required by applicable securities legislation.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.