First Mining Gold

First Mining is a mineral property holding company whose principal business activity is to acquire high quality mineral assets with a focus in the Americas. The Company currently holds a portfolio of 21 mineral assets in Canada, Mexico and the U.S.A.

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Message: Got a reply from IR today

I heard back form IR regarding my question on how much do we need to redrill to include the historical drill results in a new 43-101. Here is the answer.

As you know, there was quite a bit of historic drilling in need of
verification. We were told that replicating 5% might suffice. Then, to
our surprise, the drilling we are doing is producing much better
recoveries and resulting grade and continuity. Therefore, we have decided
to do a lot more drilling than just the 5%. In other words, the thing
looked like a moth-eaten blanket with previous drilling. Now, we are
trying to fill all the weak spots so we have a better indication of actual
grades, widths, etc.

So not only are going to be able to include the historic drill results in a 43-101, the verification holes are better then the historic drill results...

Good news all around!!

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