First Mining Signs Process Agreement with CAT Lake First Nation and LAC Seul First Nation Supporting Anishinaabe-Led Impact Assessment
T SX: FF
OTCQX: FFMGF
FRANKFURT: FMG
- 1 -
NEWS RELEASE
FIRST MINING SIGNS PROCESS AGREEMENT WITH CAT LAKE FIRST NATION AND
LAC SEUL FIRST NATION SUPPORTING ANISHINAABE-LED IMPACT ASSESSMENT
October 31, 2024 – Sioux Lookout, Canada – First Mining Gold Corp. (“First Mining” or the “Company”)
(TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) is pleased to announce that it has entered into a Process
Agreement with Cat Lake First Nation (“ Cat Lake”) and Lac Seul First Nation (“ Lac Seul”) which provides
important capacity support for the implementation of a community -based Anishinaabe -Led Impact
Assessment (“ALIA”).
The Process Agreement represents a significant commitment for First Mining and provides the framework
for First Mining, Cat Lake and Lac Seul to have procedural clarity and meaningful participation in the
review of the Springpole Gold Project (“Springpole Project” or the “Project”) through the unique cultural
perspective of the Anishinaabe people.
“We are very pleased to support this leading-edge work on community-based Indigenous engagement for
the Springpole Project with Cat Lake and Lac Seul” stated Dan Wilton, CEO of First Mining. “First Mining is
privileged to be working in the traditional territories of the Nations and we understand and appreciate
the significant commitment of time and resources that Cat Lake and Lac Seul are contributing and we look
forward to working with the Nations and leadership to continue to advance meaningful dialogue.
Springpole has the potential to deliver significant infrastructure and economic benefits to an
underserviced area of Northwestern Ontario and we believe that the Project, properly delivered with
respect and protection for the land, air and water, can have a lasting positive impact for generations to
come”.
First Mining continues to meet and work with Indigenous communities and community leaders around
the Springpole Project to support awareness, address questions and comments, and invite participation
towards Project improvement and planning.
About First Mining Gold Corp.
First Mining is a gold developer advancing two of the largest gold projects in Canada, the Springpole Gold
Project in northwestern Ontario, where we have commenced a Feasibility Study and permitting activities
are on-going with a draft Environmental Impact Statement (“EIS”) for the project published in June 2022,
and the Duparquet Project in Quebec, a PEA-stage development project located on the Destor-Porcupine
Fault Zone in the prolific Abitibi region. First Mining also owns the Cameron Gold Project in Ontario and a
portfolio of gold project interests including the Pickle Crow Gold Project (being advanced in partnership
with Firefly Metals Ltd.) and the Hope Brook Gold Project (being advanced in partnership with Big Ridge
Gold Corp.).
First Mining was established in 2015 by Mr. Keith Neumeyer, founding President and CEO of First Majestic
Silver Corp.
TSX: FF
OTCQX: FFMGF
FRANKFURT: FMG
- 2 -
ON BEHALF OF FIRST MINING GOLD CORP.
Daniel W. Wilton
Chief Executive Officer and Director
For further information, please contact:
Toll Free: 1 844 306 8827 | Email: [email protected]
Paul Morris | Director, Investor Relations | Email: [email protected]
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 n ews 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”, “opportunities”, “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 event s. 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 t hose 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. Such
factors include, without limitation, the Company’s business, operations and financial condition potentially being
materially adversely affected by the outbreak of epidemics, pandemics or other health crises, and by reactions by
government and private actors to such outbreaks; risks to employee health and safety as a result of the outbreak of
epidemics, pandemics or other health crises, that may result in a slowdown or temporary suspension of operations
at some or all of the Company's mineral properties as well as its head office; fluctuations in the spot and forward
price of gold, silver, base metals or certain other commo dities; 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 w ith 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 o n
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, 202 3 filed with the Canadian securities regulatory authorities
under the Company’s SEDAR+ profile at www.sedarplus.ca.
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. 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.