Patrick Highsmith

Firefox Gold - Mustajärvi Exploration Update: High-Grade Hits at East Zone, Path to Maiden Resource

• Top takeaway Patrick argues the 26MJ021 intercept (1m at 124 g/t Au, ~4 oz/ton) reflects gold-bearing fluids focused into a tight portion of the Mustajärvi Shear Zone rather than a wider lower-grade zone — evidence the East Zone remains in the heart of a strong system.
• He frames the maiden resource (~January 2027) as pit-constrained and likely to include both the East and Northeast Zones, but explicitly leaves the gap zone for a later update pending permit issuance on an exploration reservation.
• He is staging a winter drill program to step out to ~800m depths along the shear zone, presenting deeper drilling as the primary growth vector for the eventual resource estimate.
• He emphasizes systematic ~50m-spaced drilling to capture pinch-and-swell variability before resource modeling, rather than relying on wider step-outs, and notes ~30 holes already drilled are feeding regular, near-weekly news flow.
• He positions Firefox as running multiple parallel growth pipelines — resource-area drilling plus first-pass exploration at Triangle, Lammas, and a return to Central Zone — to demonstrate district-scale upside beyond the maiden resource.

Hole 26MJ021 cut 1m at 124 g/t gold (~4 oz/ton) in a down-dip step-out from the East Zone's known high-grade core. Firefox plans a maiden pit-constrained (open-pit-extractable) mineral resource estimate for early 2027, covering the East and likely Northeast zones. Winter drilling will test the orogenic (mountain-building) gold system to ~800m depth, mirroring Agnico Eagle's Kittilä mine just 25km away. Roughly 1.5 drill rigs are now running, with weekly assay (lab test) news flow from East, Northeast, Triangle, Central, and Lammas targets. The 'gap zone' between East and Northeast remains permit-pending and is likely excluded from the first resource, but signals growth potential.

Firefox Gold - Mustajärvi Drilling Update: Results From The East & Northeast Zones & New Targets

Firefox Gold reports high-grade intercepts at Northeast Zone, including 11.0m at 4.9 g/t gold, indicating substantial mineralized body growth at depth. Company targeting undrilled Gap Zone between East and Northeast zones, representing significant exploration upside potential for resource expansion. Second drill rig planned to accelerate maiden mineral resource estimate timeline, signaling strong commitment to advancing Mustajärvi Project in Finland.

Firefox Gold - Gold Exploration In Finland: JV With Agnico Eagle, Multiple Project Updates

Agnico Eagle's $3 billion regional consolidation validates Firefox Gold's strategic land position in Finland's highly prospective Lapland Greenstone Belt. The Kolho Joint Venture with Agnico Eagle is advancing, with nearly $3 million already invested by the major partner towards an earn-in agreement. Firefox Gold plans systematic exploration at the Sarvi Project and continuous drilling at its flagship Mustajärvi Project throughout the upcoming seasons.

FireFox Gold - Mustajärvi Drill Results: Expanding the East Zone & Connecting High-Grade Discoveries

FireFox Gold's systematic fence drilling at Mustajärvi is successfully expanding the East Zone with high-grade intercepts, de-risking the project ahead of a resource estimate. The company is strategically drilling a 1.1-kilometer gap between the East and Northeast zones to test the highly prospective Triangle Target for potential resource expansion. With new board member Martin Ripp adding financial expertise, FireFox Gold is preparing to test deep targets beyond 300 meters to unlock further scale potential. Significant drill results including 13m at 6.29 g/t and 10m at 3.5 g/t gold demonstrate strong continuity and high-grade potential in the East Zone.