Business

FireFox Advances New Targets with Trenching and Geophysics at the Mustajärvi Gold Project in Lapland, Finland

SODANKYLÄ, FI / ACCESS Newswire / January 16, 2025 / FireFox Gold Corp. (TSXV:FFOX)(OTCQB...

articleFirefox Gold Corp.January 16, 20254/company/firefox-gold-corp/news/firefox-advances-new-targets-with-trenching-and-geophysics-at-the-mustajandxe4rvi-gold-project-in-lapland-finland
FireFox Advances New Targets with Trenching and Geophysics at the Mustajärvi Gold Project in Lapland, Finland

About this update from Firefox Gold Corp.

[{"type":"text","content":"FireFox Advances New Targets with Trenching and Geophysics at the Mustajärvi Gold Project in Lapland, FinlandSODANKYLÄ, FI / ACCESS Newswire / January 16, 2025 / FireFox Gold Corp. (TSXV:FFOX)(OTCQB:FFOXF) (\"FireFox\" or the \"Company\") is pleased to announce details from two new targets at its 100%-controlled Mustajärvi Project. FireFox has been growing the land position at the project over the last three years, and Company geologists have identified several structural targets in new areas that are hundreds of metres from previous drilling. In addition to strongly mineralized grab samples, the Triangle Target has benefitted from a modest trenching program that revealed highlights of 1.83 g/t and 1.425 g/t gold over one metre diamond saw cuts. The second new target is called Pikkulehto, and it is located approximately four kilometres east of the main Mustajärvi permit. Pikkulehto is ideally situated among splays of the important Venejoki Shear Zone (VSZ), but glacial sediment cover obscures outcrop.The Triangle Target lies approximately 700 metres northwest from the high-grade gold mineralization of the East Target (Figure 1). During the fall exploration program, the team excavated a single thirteen-by-six-metre exploration trench near the location of several grab samples that returned 4.82 and 4.41 g/t gold, as previously reported (see Company news release September 17, 2024). The target was discovered by prospecting along an interpreted fault zone that follows a topographic depression that strikes NNW-SSE. The new trench exposed altered bedrock, but deeper overburden in the drainage prevented a full test of the interpreted structure.Pikkulehto is the easternmost of several new permits that comprise the Mustajärvi Project. Regional magnetics suggests a favourable setting in the area as faults appear to juxtapose magnetic highs and lows, similar to the Mustajärvi Shear Zone, from which FireFox has been reporting high-grade gold since 2019. During the fall of 2024, Company geologists completed detailed ground magnetics surveys over the Pikkulehto permit. A subsequent interpretation of the detailed data suggests the presence of hydrothermal alteration and possible dilatancies related to through-going faults, including splays of the crustal-scale Venejoki Shear Zone. Since there is little or no outcr...

More updates from Firefox Gold Corp.