FireFox Gold Provides a Summary of Upcoming Work at its Mustajärvi, Sarvi and Jeesiö Projects along with a Corporate Update
FireFox Gold Provides a Summary of Upcoming Work at its Mustajärvi, Sarvi and Jeesiö Projects
along with a Corporate Update
SODANKYLA , FINLAND – (September 8, 2025 – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox”
or the “Company”) is pleased to provide an update on the exploration program for the Company’s 100%-held
Mustaja rvi, Sarvi and Jeesio gold projects in the Lapland Greenstone Belt of northern Finland.
The Company also reports that geologist John Robins has joined the company in an advisory capacity. John’s
outstanding strategic guidance, technical expertise, strong industry relationships, and steadfast adherence
to ethical practices, underpin his status as a leading steward of the junior mining industry. He joins other key
advisors to the Company, such as Dr. Richard Golfarb, to assist the board and management with technical and
strategic planning and decision-making.
Field work is ramping up rapidly, and the technical team of staff and consultants is expanding to support the
work. In addition to the ongoing drilling at Mustaja rvi, FireFox has commenced the first phase of detailed
fixed loop electro-magnetic (FLEM) geophysical surveys at the East Zone of the Mustaja rvi Project. The
Company is also building towards winter drilling at the Sarvi and Jeesio Projects. The next phase of work at
Sarvi and Jeesio will involve detailed ground magnetics, base -of-till (BoT) sampling, and other surface
exploration.
Carl L o fberg, FireFox’s CEO, commented, “Our team is executing on several fronts at the moment, focused
primarily on drilling support and geophysics. The new FLEM work at the East Zone will facilitate step out drilling
eastward from the known high-grade zone, a key part of the 10,000-metre drill program. Our Sarvi Project is at
an early stage, so we are looking forward to completing additional drilling on this prospective property situated
immediately north of Rupert Resources’ Lapland Project and Ikkari Deposit. At the large Jeesiö Project, our near-
term goal is to refine new drilling targets associated with a northwest trending fault that is associated with
high-grade gold in rock chips in the southern part of the property.”
The Company’s chairman, Patrick Highsmith, discussed the new addition to the FireFox team, “ We are
delighted to have John Robins join our panel of advisors . John has already made an impact at FireFox with his
encouragement and commitment to geology and drilling, but perhaps the biggest benefit of working with John
is our shared interest in recruiting and developing young geoscientists. Our team continues to benefit from the
mentorship and guidance from senior technical advisors like John.”
Program Details
The purpose of the detailed FLEM survey at Mustaja rvi is to identify new drill targets for high-grade gold that
may be associated with highly conductive rocks continuing towards the northeast from the East Zone near-
surface high-grade occurrence (see Figure 1).
The FLEM survey at the East Zone will blanket-cover most of the eastern part of the Mustaja rvi permit with
20-metre-spaced stations along 60-metre-spaced lines, for a total of 108 surveyed stations (Figure 1). The
FLEM method utilizes a n electrical source loop to induce current into the ground, and three directional
components of the electromagnetic field are measured during data collection. FireFox has confirmed by
diamond drilling that the conductor targets identified by a previous FLEM survey correlate well with
intersected sulphide mineralized zones (see Company’s news release dated February 20, 2025 ). Finnish
geophysics provider GRM-services Oy is conducting this survey with data interpretation being provided by
Markku Montonen, senior geophysicist at Magnus Minerals Oy (“Magnus”). Magnus is a Finnish prospect
generator company with strong expertise in the Lapland Greenstone Belt, who is also a long-term partner of
FireFox. The results of this first phase FLEM survey are expected by mid-September.
The team is planning a dditional FLEM-surveys at the Mustaja rvi East and Pikkulehto target areas later this
autumn and early winter season.
Figure 1. Mustajärvi FLEM Survey Location at East Zone
Preliminary targets for reconnaissance drilling at the west end of the Sarvi permit are based on historical
drilling reports from the Geological Survey of Finland (GTK). In 2009, the GTK drilled two holes on the
western part of the Sarvi project (see Figure 2). Assays from the two historical holes reportedly include 1.6
metres averaging 1.1 g/t Au from 26.4 metres depth (drill hole M371209R5) and 0.5 metres averaging 3.57
g/t Au from 69.5 metres depth (drill hole M371209R8). FireFox believes this data to be reliable, but the drilling
was carried out by previous operators and has not been independently verified by the Company’s Qualified
Person. The reported intervals are core lengths and true thickness has not been estimated at this time.
Figure 2. Sarvi Project
Figure 3. Jeesiö Project Planned Detailed Ground Magnetic Survey Location
The Sarvi property has seen limited BoT sampling, mapping, and geophysics, and the technical team is
evaluating next steps on this new target, which is to the west of all previous sampling and drilling. It is
important to understand the context for these h istorical intercepts, so the team may conduct additional
sampling or target validation work in the area or proceed with limited reconnaissance drilling, which will
depend on drill rig availability.
The Jeesio project will be the site of a detailed ground magnetic survey and BoT sampling campaign later in
the year (Figure 3). The interpreted northwest trending fault cutting across the southern and western parts
of the property is potentially significant. The fault cuts through apparently deformed magnetic rocks, as well
as a large area of magnetic lows. FireFox plans to execute a detailed ground magnetic survey over the western
portion of the property where the fault cuts through magnetic rocks. FireFox geologists are also planning a
program of BoT sampling and reconnaissance drilling in the area that ties together the Katajavaara and
Saittavaara prospects.
Corporate Update
In association with a new advisor and consultants joining the team, FireFox also announces that it has granted
2,080,000 stock options on September 1, 2025 to officers, directors, employees, advisors, and consultants of
the Company at an exercise price of $0.60. The options were issued at a premium to the closing share price
on the trading day preceding the stock option grant ($0.58). The stock options have been granted pursuant
to Company’s stock option plan and will expire five years from the date of grant.
Qualified Person
Patrick Highsmith, Certified Professional Geologist (AIPG CPG # 11702) and director of the Company, is a
qualified person as defined by National Instrument 43-101. Mr. Highsmith has helped prepare, reviewed, and
approved the technical information in this news release.
About FireFox Gold Corp.
FireFox Gold Corp is listed on the TSX Venture Stock Exchange under the ticker symbol FFOX. FireFox also
trades on the OTCQB Venture Market Exchange in the US under the ticker symbol FFOXF. The Company has
been exploring for gold in Finland since 2017 where it holds a large portfolio of prospective ground.
Finland is one of the top mining investment jurisdictions in the world as indicated by its multiple top -10
rankings in recent Fraser Institute Surveys of Mining Companies. Having a strong mining law and long mining
tradition, Finland remains underexplored for gold. Recent exploration results in the country have highlighted
its prospectivity, and FireFox is proud to have a Finland based CEO and technical team.
For more information, please refer to the Company’s website and profile on the SEDAR + website at
www.sedarplus.ca.
On behalf of the Board of Directors,
“Carl Löfberg”
Chief Executive Officer
CONTACT:
FireFox Gold Corp.
Email: [email protected]
Telephone: +1-778-244-8439
Forward Looking Statements
Although management of the Company believes that the assumptions made and the expectations represented by such
statements or information are reasonable, there can be no assurance that forward -looking statements or information
herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions
and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or
achievements, or industry results, to be materially different from any future results, performance or achievements
expressed or implied by such forward -looking statements or information. Factors that could cause such differences
include changes in the Company’s exploration plans, world commodity markets, equity markets, the extent of work
stoppage and economic impacts that may result from illness, extreme weather, changes in government and changes to
regulations affecting the mining industry.
Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling;
the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and
the current and future work program, including the extent and nature of exploration to be conducted in 2025. Although
we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.
The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination
and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking
statements and shoul d not rely upon this information as of any other date. FireFox does not undertake to update this
information at any particular time except as required in accordance with applicable laws.
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