First Mining Commences Exploration Drilling at Goldlund Gold Project
First Mining Commences Exploration Drilling at Goldlund Gold Project
VANCOUVER, British Columbia, June 20, 2018 -- First Mining Gold Corp. (“First Mining” or the “Company”) (TSX:FF)
(OTCQX:FFMGF) (FRANKFURT:FMG) is pleased to announce the commencement of a regional exploration diamond drilling
campaign at the Company’s wholly-owned Goldlund Gold Project (“Goldlund” or the “Project”) in northwestern Ontario.
The drill program is designed to test the extension of the known mineralized trend approximately 10 kilometres northeast of
the mineralized material of the current resource area (see Figure 1). The drilling program will focus on showings at the Miller
and Eaglelund targets and will include approximately 13 holes totaling 1,850 metres. The primary objective for this summer’s
program is to verify historical sampling and drilling results, outline new resources and demonstrate the potential of the
northeastern section of the Goldlund land package.
Jeff Swinoga, President & CEO of First Mining stated, “We are very excited to commence this regional drilling of our large land
package at Goldlund as historic showings indicate the potential for additional gold discoveries at the property. The recent
successful drilling campaigns at Goldlund focused on only 2 to 3 kilometres of the property and provided us with invaluable
insight and knowledge that we expect will prove beneficial when drilling these two highly prospective areas along the estimated
50 kilometre strike length of the property.”
The Company completed regional mapping and surface grab sampling on the property prior to this drilling program. The grab
samples collected from the Miller showing returned assays from 0.3 grams per tonne gold to 4.9 grams per tonne gold.
Photos accompanying this announcement are available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/daec2a03-574d-4211-9a5b-6ad1a2bfdb0f
http://www.globenewswire.com/NewsRoom/AttachmentNg/dccf2c28-244e-4407-8f07-9e6d96ffcff7
ABOUT FIRST MINING GOLD CORP.
First Mining Gold Corp. is an emerging development company with a diversified portfolio of gold projects in North America.
Having assembled a large resource base of 7 million ounces of gold in the Measured and Indicated categories and 5
million ounces of gold in the Inferred category in mining friendly jurisdictions of eastern Canada, First Mining is now
focused on advancing its assets towards production. The Company currently holds a portfolio of 25 mineral assets in Canada,
Mexico and the United States.
For further information, please contact Jeff Swinoga, President and CEO, at 416-816-0424, or Derek Iwanaka, Vice President
of Investor Relations, at 604-639-8824, or visit our website at www.firstmininggold.com.
ON BEHALF OF FIRST MINING GOLD CORP.
“Keith Neumeyer”
Keith Neumeyer
Chairman
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain "forward-looking information” and "forward-looking statements” (collectively "forward-looking
statements”) within the meaning of applicable Canadian and United States securities legislation including the United States
Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this news
release. Forward-looking statements are frequently, but not always, identified by words such as "expects”, "anticipates”,
"believes”, “plans”, “projects”, "intends”, "estimates”, “envisages”, "potential”, "possible”, “strategy”, “goals”, “objectives”, or
variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or
be achieved, or the negative of any of these terms and similar expressions.
Forward-looking statements in this news release relate to future events or future performance and reflect current estimates,
predictions, expectations or beliefs regarding future events and include, but are not limited to, statements with respect to the
Company’s focus on advancing its assets towards production. All forward-looking statements are based on First Mining's or
its consultants' current beliefs as well as various assumptions made by them and information currently available to them.
There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ
materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections
on the date the statements are made and are based upon a number of assumptions and estimates that, while considered
reasonable by the respective parties, are inherently subject to significant business, economic, competitive, political and
social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or
achievements to be materially different from the results, performance or achievements that are or may be expressed or
implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to
many of these factors. Such factors include, without limitation; fluctuations in the spot and forward price of gold, silver, base
metals or certain other commodities; fluctuations in the currency markets (such as the Canadian dollar versus the U.S.
dollar); changes in national and local government, legislation, taxation, controls, regulations and political or economic
developments; risks and hazards associated with the business of mineral exploration, development and mining (including
environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins and flooding); the
presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by
local communities, indigenous populations and other stakeholders; availability and increasing costs associated with mining
inputs and labour; the speculative nature of mineral exploration and development; title to properties; and the additional risks
described in the Company’s Annual Information Form for the year ended December 31, 2017 filed with the Canadian securities
regulatory authorities under the Company’s SEDAR profile at www.sedar.com, and in the Company’s Annual Report on Form 40
-F filed with the SEC on EDGAR.
First Mining cautions that the foregoing list of factors that may affect future results is not exhaustive. When relying on our
forward-looking statements to make decisions with respect to First Mining, investors and others should carefully consider the
foregoing factors and other uncertainties and potential events, and should not place undue reliance on the forward-looking
statements and information contained in this news release. First Mining does not undertake to update any forward-looking
statement, whether written or oral, that may be made from time to time by the Company or on our behalf, except as required
by law.
Cautionary Note to United States Investors
This news release has been prepared in accordance with the requirements of the securities laws in effect in Canada, which
differ from the requirements of U.S. securities laws. Unless otherwise indicated, all resource and reserve estimates included
in this news release have been prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral
Projects ("NI 43-101”) and the Canadian Institute of Mining, Metallurgy, and Petroleum 2014 Definition Standards on Mineral
Resources and Mineral Reserves. NI 43-101 is a rule developed by the Canadian Securities Administrators which establishes
standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects.
Canadian standards, including NI 43-101, differ significantly from the requirements of the United States Securities and
Exchange Commission ("SEC”), and mineral resource and reserve information contained herein may not be comparable to
similar information disclosed by U.S. companies. In particular, and without limiting the generality of the foregoing, the term
"resource” does not equate to the term "reserves”. Under U.S. standards, mineralization may not be classified as a "reserve”
unless the determination has been made that the mineralization could be economically and legally produced or extracted at
the time the reserve determination is made. The SEC's disclosure standards normally do not permit the inclusion of
information concerning "measured mineral resources”, "indicated mineral resources” or "inferred mineral resources” or other
descriptions of the amount of mineralization in mineral deposits that do not constitute "reserves” by U.S. standards in
documents filed with the SEC. Investors are cautioned not to assume that any part or all of mineral deposits in these
categories will ever be converted into reserves. U.S. investors should also understand that "inferred mineral resources” have a
great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. It cannot be
assumed that all or any part of an "inferred mineral resource” will ever be upgraded to a higher category. Under Canadian
rules, estimated "inferred mineral resources” may not form the basis of feasibility or pre-feasibility studies except in rare
cases. Investors are cautioned not to assume that all or any part of an "inferred mineral resource” exists or is economically or
legally mineable. Disclosure of "contained ounces” in a resource is permitted disclosure under Canadian regulations; however,
the SEC normally only permits issuers to report mineralization that does not constitute "reserves” by SEC standards as in-
place tonnage and grade without reference to unit measures. The requirements of NI 43-101 for identification of "reserves” are
also not the same as those of the SEC, and reserves reported by the Company in compliance with NI 43-101 may not qualify
as "reserves” under SEC standards. Accordingly, information concerning mineral deposits set forth herein may not be
comparable with information made public by companies that report in accordance with U.S. standards.