Business
FireFox Identifies Promising New Drill Targets at Mustajärvi Gold Project, Lapland, Finland
SODANKYLÄ, FINLAND / ACCESS Newswire / January 12, 2026 / FireFox Gold Corp. (TSX.V:FFOX)...
About this update from Firefox Gold Corp.
[{"type":"text","content":"FireFox Identifies Promising New Drill Targets at Mustajärvi Gold Project, Lapland, FinlandSODANKYLÄ, FINLAND / ACCESS Newswire / January 12, 2026 / FireFox Gold Corp. (TSX.V:FFOX)(OTCQB:FFOXF)(\"FireFox\" or the \"Company\") is pleased to share an exploration update from its 100%-held Mustajärvi Gold Project in Lapland, Finland. New drill targets have emerged well away from previously reported high-grade drill results in the Northeast and East Zones. The new targets are based on new gold anomalies in base-of-till (BoT) sampling and geophysical anomalies, both of which correlate with attractive structural settings and other favourable indicators. Perhaps most significant, one new BoT sample returned more than 100 g/t gold in an undrilled area near a major structural intersection two kilometres southwest from any previous drilling. FireFox will be targeting this area and the new geophysical anomalies with new drilling as part of its ongoing Mustajärvi drill program.In addition, the Finnish mining authority (Tukes) has granted Firefox Gold an exploration reservation area \"Vuoma\", covering 4.32 km2, on the southern side of, and contiguous with the main Mustajärvi exploration permits (Figure 1). An exploration reservation grants the exclusive right to apply for an exploration permit within the designated area. The reservation area is valid for two years, during which the application for an exploration permit must be prepared.Carl Löfberg, FireFox's CEO, commented \"As our 10,000+ metre drill campaign continues at Mustajärvi, these new targets, which are in some cases kilometres away from any previous drilling, continue to show the potential large scale of the system. The latest high gold BoT sample (> 100 g/t) at Mustajärvi West is one of the highest-grade surface samples we have seen, but the East Zone discovery also yielded similarly high gold in BoT samples. Having high gold in till sampling so close to a major interpreted structural intersection makes this target particularly exciting. We will be testing this new target in the current phase of drilling. After confirming the efficacy of our approach to electrical geophysics with recent high-grade drill intercepts, we also look forward to drill testing the latest geophysical anomalies, which are well to the east of any previous drilling...