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FireFox Gold acquires 984 square km in Kierinki Schist Belt - An emerging gold region in Finland

FireFox Gold acquires 984 square km in Kierinki Schist Belt - An emerging gold region in F...

articleFirefox Gold Corp.August 19, 20194/company/firefox-gold-corp/news/firefox-gold-acquires-984-square-km-in-kierinki-schist-belt-an-emerging-gold-region-in-finland
FireFox Gold acquires 984 square km in Kierinki Schist Belt - An emerging gold region in Finland

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[{"type":"text","content":"\n\n\n\nFireFox Gold acquires 984 square km in Kierinki Schist Belt - An emerging gold region in Finland\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Aug. 19, 2019\n\n\n\nVANCOUVER, Aug. 19, 2019 /CNW/ - FireFox Gold Corp. (\"FireFox\" or the \"Company\") is pleased to report that it has incorporated two new tenement blocks, collectively called the Kierinki Project (\"Kierinki\" or \"the Project\") into its gold exploration portfolio in central Lapland, Finland. The Project covers 983.9 km2 (98,390 hectares) in the Kierinki Schist Belt and demonstrates geologic potential to host orogenic gold deposits but has never been the focus of detailed exploration.  The Project blocks are situated less than 30 km from the Company's portfolio of over 500 km2 of gold projects in the Central Lapland Greenstone Belt.    \n\"The addition of these two new large tenement blocks gives FireFox a dominant foothold in the Kierinki Schist Belt,\" commented Carl Löfberg, CEO of FireFox. \"Not only does this region host several prominent gold anomalies, but the Kierinki Schist Belt also exhibits similarities to other schist belts that host high-grade gold occurrences. Despite this, the region has been totally over-looked with respect to gold exploration.  We are very excited to begin prospecting the tenements later this field season,\" added Mr. Löfberg.\nFireFox also wishes to report that the Company will initiate a Phase 2 drill campaign at its Mustajärvi Gold Project in September 2019.  The campaign will consist of 5 to 7 drill holes, each of 200-300 metres depth.   Drilling will target the continuation of the high-grade zone that was discovered during the Phase 1 drill campaign in 2018, as highlighted by a 2 metre interval that assayed 45.1 g/t gold, including 0.5 metres grading 73.7 g/t gold (see FF press release dated January 21, 2019). In addition, numerous IP (Induced Polarization) targets identified in the 2018 field season will be targeted in the Phase 2 drill campaign (see FireFox pr...

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