FireFox Gold Provides an Exploration Update for the Jeesiö and Northern Group Projects, Finland.
FireFox Gold Provides an Exploration Update for the Jeesiö and
Northern Group Projects, Finland.
SODANKYLA , FINLAND – (January 25, 2023) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox”
or the “Company”) is pleased to provide a summary of results from the 2022 exploration programs at its
100% held Jeesio , Sarvi, Lehto and Kolho gold properties in Lapland, Finland (see Figure 1).
Trenching and bedrock sampling in the southern part of the huge Jeesio Project returned anomalous gold
over a large area, including 33.60 g/t Au from a bedrock grab sample at the Katajavaara Hill prospect. Nearly
a kilometre away, FireFox geologists collected a rock chip channel sample at the Kataja South prospect that
averaged 1.33 g/t Au over 0.8 metres. Another sample in the area contained 1.43 g/t Au, and numerous other
samples in the area were highly anomalous in gold . These are the latest sampling results from the first
excavations in the area, which was first identified by FireFox reconnaissance sampling late in 2019. The
extent of gold mineralization at both prospects is not known, as the gold anomalies remain open along strike
and at depth.
Bedrock mapping at the Sarvi property identified several new locations exhibiting strong alteration in
metavolcanic and metasedimentary rocks, as well as mineralized chert with disseminate sulfide and gold
values of 0.31 g/t in s urface rock samples. The team noted s imilar geology farther north while mapping at
the Company’s Lehto Property. During the 2022 field campaign, geologists collected a grab sample at Lehto
that contained 0.97 g/t gold. At the Kolho property, the field team completed preliminary reconnaissance
bedrock mapping in preparation for the first round of mechanized base -of-till (BoT) sampling expected
during the spring of 2023.
Carl Lo fberg, FireFox CEO, commented about these results “At FireFox, we continue to advance several projects
at various stages among our large portfolio of properties. We are always excited to see more than 10 g/t gold
from early-stage exploration, and this is something we often observe on gold projects in Lapland. We have been
heavily focused at Mustajärvi, but these results from Katajavaara, Sarvi, and Lehto warrant more work. We are
confident the team will transform these strong early indications into viable drill targets by late this year.”
In 2023, FireFox plans additional mapping and sampling at the Katajavaara prospects in order refine the
targets for follow-up drilling. At Sarvi, the FireFox team will conduct more follow-up work from the 2022 BoT
sampling to include mapping, sampling, ground geophysics, and core drilling. Initial exploration permits are
expected before the end of the second quarter at Kolho, so the Company e xpects to continue with its target
development at Lehto and Kolho and to add a BoT drill rig in that area during Q2. This work is in addition to
the ongoing program at the Company’s 100% -held Mustaja rvi gold project, from which results for the first
three holes of the Q4 2022 drilling campaign were recently reported, including 15.5m of 13.09 g/t gold (see
Company news release dated January 18, 2023 ). The final results from that drill program are expected in
February.
Jeesiö Project Program Details
The 100%-controlled Jeesio Gold Project covers approximately 75.8 km2 along the Sirkka Shear Zone, a trans-
crustal structure that controls the emplacement of most of the known orogenic gold deposits in Lapland. The
main Jeesio targets include the Utsamo and Kataja Belt areas. From south to north, the Kataja Belt consists of
three gold prospects: Saittavaara, Katajavaara South (KJ South) and Katajavaara Hill (KJ Hill). The prospects
span at least 3 kilometres, apparently related to en echelon northerly striking younger (“D3” or “D4” )
structures. The recent ly acquired high-resolution airborne magnetics data reveal multiple generations of
folding and faulting across the entire Jeesio Project area. Younger asymmetric folding west of the Kataja Belt
shows evidence of disruption by right-lateral shearing broadly parallel with northeast trending axial planes.
These shears appear to be associated with the gold showings in the Kataja Belt.
The 2022 trenching campaign was focused on the KJ South and KJ Hill prospects, which emerged from FireFox
reconnaissance work in 2019 and 2020 . The team excavated 9 small exploration trenches and collected 68
chip/channel and 34 grab samples from bedrock. In summary, approximately 68% of the total samples
exceeded the detection limit for the method (0.005 g/t gold), and 15% of the samples contained anomalous
levels of gold more than 0.100 g/t gold. Channel samples were taken perpendicular to observed mineralized
veins and structures to represent true width. Most anomalous gold samples were hosted within quartz veins
and lenses. The team recorded detailed information on the geology, alteration, veining, and structures from
the trenches that will guide future work and drilling on these emerging targets.
Figure 1- FireFox Land Position with Jeesiö and Northern Properties Highlighted (Click here to enlarge)
Katajavaara South
At KJ South, FireFox geologists identified high gold in the area (10.5 g/t Au) from quartz-magnetite-sulphide
vein samples from outcrop in 2019 and 2020 (see Company news release dated October 6, 2020 ). These
anomalous samples are associated with the southwest margin of a magnetic body believed to represent mafic
intrusives or volcanic rocks. This outcrop area was the target of the 2022 exploration trenching campaign,
the results of which are summarized in Figure 2 and Table 1.
Figure 2 - Kataja Permit Area with Rock Sample Results (Click here to enlarge)
The trenches exposed the intensely sheared contact between siliciclastic metasedimentary and mafic
intrusive rocks, revealing several mineralized quartz-sulphide veins and lenses within both units. In addition
to pyrite and magnetite, geologists also noted the presence of chalcopyrite and copper ox ides in these
samples. The gabbro in the area is likely attributable to mafic sills that are related to a younger c ontinental
rift setting (Haaskalehto-type), which are common at the Jeesio Project.
The mineralization encountered in the trenches is clearl y controlled by shearing , as it crosscuts both
lithologies and the contact between them. Among several samples in the area containing strongly anomalous
gold, one chip channel sample averaged 1.33 g/t gold over 0.8 metres. Another grab sample contained 1.4 3
g/t gold. When considered in concert with the high gold values previously reported in the area (Figure 2), it
is clear that this gold target is open and unconstrained in all directions and undrilled.
Katajavaara Hill
KJ Hill is located approximately 900 metres to the north of KJ South along the trend of a N-S oriented magnetic
feature. Along the eastern slope of the hill, there are fields of locally derived boulders displaying abundant
mineralized quartz veins intruding metasedimentary (arkose and quartzite) and mafic rocks. FireFox teams
collected grab samples from boulders of these quartz veins in 2020, including one sample with 4.73 g/t Au
(see Company news release dated October 6, 2020). This trend of anomalous samples is approximately 400
metres long and appears to be associated with a younger structure that crosscuts the north -trending
magnetic anomaly in a northeasterly direction. This outcrop area was another focus of the 2022 exploration
trenching campaign; and the geology and gold values are summarized in Figure 2 and Table 1.
At KJ Hill, the team cut t hree trenches that exposed several quartz lenses and veins hosted in siliciclastic
metasedimentary rocks. The mineralization exposed in the trenches was relatively simple, quartz with
chlorite and minor sulfides (partially oxidized). The highest-grade sample was 33.60 g/t Au from a bedrock
grab sample of quartz vein. The extent of this system is not known, and it is undrilled.
FireFox had intended to continue the trenching at this prospect but the 2022 program was cut short due to
weather. The majority of the Kataja Belt is on high ground and accessible year-round, so the team will return
during 2023 for follow-up work.
Table 1. Selected highlights of the 2022 Katajavaara sampling campaign.
Target Sample Type Rock Type Sample Weight
(kg)
Gold
(g/t)
KJ Hill Grab Quartz vein with minor chlorite, slightly weathered 1.53 33.60
KJ Hill Chip - channel Quartz vein with mica and chlorite, minor
weathering, 2.52 0.72
KJ Hill Grab Quartz lens-vein, rusty surface, with weathered
sulphides 2.65 0.59
KJ South Grab Quartz vein pieces with red staining, vuggy texture 5.02 1.43
KJ South Chip - channel Mafic intrusive. Silicified matrix with pyrite nest 1.49 1.33
KJ South Chip - channel Quartz lens with pyrite, chalcopyrite, magnetite, and
Cu and Fe-oxides 1.8 0.65
KJ South Grab Quartz lens with pyrite, chalcopyrite, and minor Cu
and Fe-oxides 3.64 0.64
KJ South Chip - channel Quartz lens with pyrite, chalcopyrite, and minor Cu
and Fe-oxides 7.11 0.49
KJ South Chip - channel Quartz lens with chlorite and traces of disseminated
pyrite 1.71 0.48
KJ South Grab Quartz vein with pyrite, malachite, goethite, and
magnetite stringers 2.09 0.46
Kolho and Northern Properties Program
FireFox also conducted limited reconnaissance bedrock mapping on its vast Kolho Property during the field
season of 2022. M uch of the Kolho area is situated within low-lying areas and swamps, where winter
conditions are needed to conduct mechanized exploration. FireFox has several permit applications at Kolho
and expects at least one expedited permit to be granted in the first half of 2023.
Reconnaissance bedrock mapping was also conducted on the Company’s Sarvi and Lehto properties , which
have valid permits in place. At Sarvi, Company geologists identified several locations of intensely carbonate-
altered metavolcanics, massive carbonate units, and sulphide-bearing chert formations. These samples from
the chert unit with disseminated sulphides contained anomalous gold, including one sample with 0.31 g/t.
The FireFox team considers such intense alteration and polymetallic anomalies associated with mafic
metavolcanics and major crosscutting structures (D2 and D3) as key elements for hosting an orogenic gold
deposit at the Sarvi Project.
Similar sulphide-rich sedimentary and volcano -sedimentary rock units in close proximity to high-volume
mafic volcanism are also often seen at the nearby Lehto Property. A limited samplin g campaign at Lehto in
2022 also resulted in anomalous gold samples, including one sample containing 0.97 g/t Au.
Methodology & Quality Assurance
Channel samples were sawed by a diamond saw in solid exposed bedrock and taken out by chisel and
hammer . Geologists took the chip-channel samples with chisel and hammer from exposed bedrock, which
was sometimes strongly weathered. Both types of channel samples were approximately 10 cm wide and
taken perpendicular to observed mineralized veins and stru ctures to represent true width. In some areas
where continuous channel sampling was not possible, geologists collected grab samples . The grab samples
discussed in this release are believed to be from in situ bedrock. FireFox geologists maintained chain of
custody and sampling procedures according to best industry practice and with due attention to quality
assurance and quality control, including sampling field duplicates and insertion of certified standard and
blank samples.
FireFox team members transported the samples to an ALS sample prep lab in Sodankyla . The samples were
then crushed to -2 mm, split and pulverized into 1kg pulps, before being shipped to the ALS facility in Rosia
Montana, Romania for gold by fire assay of 50 gm aliquots with AAS finish (method Au-AA24).
ALS Laboratories is a leading international provider of assay and analytical data to the mining industry. All
ALS geochemical hub laboratories, including the Irish facility, are accredited to ISO/IEC 17025:2017 for
specific anal ytical procedures. The Firefox QA/QC program consists of insertion of certificated standard
material and blanks inserted by Firefox into the analytical batches did not show deviations from
recommended values.
Patrick Highsmith, Certified Professional Geolo gist (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.
Dr. Sven Ho nig, Certified European Geologist (EFG EurGeol Title # 1789) and General Manager of Exploration
for the Company, is a qualified person as defined by National Instrument 43 -101. Dr. Ho nig has supervised
the field work reported herein and has helped to prepare and approves, 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 huge portfolio of prospective ground.
Finland is one of the top mining investm ent 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.sedar.com.
On behalf of the Board of Directors,
“Carl Löfberg”
Chief Executive Officer
CONTACT:
FireFox Gold Corp.
Email: [email protected]
Telephone: +1 778-938-1994
Forward Looking Statements
The information herein contains forward looking statements that are subject to a number of known and unknown
risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in
our forward-looking statements. Factors that could cause such differences include changes in world commodity
markets, equity markets, the extent of work stoppage and economic impacts that may result from the COVID 19
virus, costs and supply of materials relevant to the mining industry, change 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
exploration and drilling; the likelihood of exploration permits being granted, 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 explorat ion to be conducted in 2023. 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 should 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.