First Mining Gold Corp. · TSX:FF

First Mining Gold — Technical Presentation (November 2024)

24 slides from First Mining Gold's technical presentation, November 2024

  1. Slide 1: Springpole Gold Project: Final Environmental Impact Statement / Environmental Assessment

    TSX: FF OTCQX: FFMGF FRANKFURT: FMG www.firstmininggold.com Springpole Gold Project: Final Environmental Impact Statement / Environmental Assessment November 2024

  2. Slide 2: Agenda

    Agenda • Final EIS/EA Submission & Process • Final EIS/EA Overview • Project Site Plan • Key Optimizations to the Project since the draft EIS/EA • Next Steps • Questions TSX: FF | OTCQX: FFMGF | FRANKFURT: FMG | www.firstmininggold.com | 1

  3. Slide 3: Project Location

    Project Location TSX: FF | OTCQX: FFMGF | FRANKFURT: FMG | www.firstmininggold.com | 2

  4. Slide 4: Project Overview

    Project Overview • FMG is proposing to develop the Springpole Project, which is one of the largest undeveloped gold deposits in Canada. • The Project has an estimated mineral resource of 4.6 million ounces of gold and 24.3 million ounces of silver that will be mined over an approximate 10- year mine

  5. Slide 5: Final EIS/EA Submission & Process

    Final EIS/EA Submission & Process • Final EIS/EA was distributed to government agencies, Indigenous communities and the Project contact list during the week of Nov. 4 • Provincial comment period is Nov. 8 – Jan. 17 • Reminder for provincial reviewers to return acknowledgement of receipt form • Feder

  6. Slide 6: Final EIS/EA Overview

    Final EIS/EA Overview • Similar table of contents to draft EIS/EA o Alternatives Assessment is now Section 4, and Project description Section 5 o Effects assessment of Valued Components is in Section 6 o Each VC section includes an Influence of Consultation subsection TSX: FF | OTCQX: FFMGF | FRANKF

  7. Slide 7: Final EIS/EA Overview

    Final EIS/EA Overview • Each VC has technical support documents (baseline, modelling reports etc.) in appendices TSX: FF | OTCQX: FFMGF | FRANKFURT: FMG | www.firstmininggold.com | 6

  8. Slide 8: Final EIS/EA Overview

    Final EIS/EA Overview • Each VC has technical support documents (baseline, modelling reports etc.) in appendices TSX: FF | OTCQX: FFMGF | FRANKFURT: FMG | www.firstmininggold.com | 7

  9. Slide 9: Final EIS/EA Overview

    Final EIS/EA Overview • Appendix B includes tables of concordance for the ToR and EIS Guidelines • Appendix C includes a copy of all comments previously responded to, and a reference to where they have been addressed in the EIS/EA TSX: FF | OTCQX: FFMGF | FRANKFURT: FMG | www.firstmininggold.com | 8

  10. Slide 10: Project Overview

    Project Overview Small mine footprint located at the very north end of Springpole Lake 18-km all-weather mine access road from end of the Wenasaga forestry road Transmission line connecting to the existing Watay line required to power the mine TSX: FF | OTCQX: FFMGF | FRANKFURT: FMG | www.firstminin

  11. Slide 11: Project Overview – Draft EIS/EA Site Plan

    Project Overview – Draft EIS/EA Site Plan Through careful design work, the mine footprint is very small compared to other similar mines operating in Canada. TSX: FF | OTCQX: FFMGF | FRANKFURT: FMG | www.firstmininggold.com | 10

  12. Slide 12: Project Overview – Final EIS/EA Site Plan

    Project Overview – Final EIS/EA Site Plan Based on the assessment of alternatives and consultation input received on the draft EIS/EA, an updated site plan has been prepared. TSX: FF | OTCQX: FFMGF | FRANKFURT: FMG | www.firstmininggold.com | 11

  13. Slide 13: Project Overview – Site Restoration Plan

    Project Overview – Site Restoration Plan Focus on revegetation and aquatic habitat development TSX: FF | OTCQX: FFMGF | FRANKFURT: FMG | www.firstmininggold.com | 12

  14. Slide 14: Key Optimizations to the Project Design since the draft EIS/EA

    Key Optimizations to the Project Design since the draft EIS/EA • Co-disposal Facility (CDF) Tailings Disposal Methods: Thickened tailings have been proposed rather than the original filtered tailings in order to deposit the them hydraulically, resulting in several environmental benefits. o The CDF i

  15. Slide 15: Key Optimizations to the Project Design since the draft EIS/EA

    Key Optimizations to the Project Design since the draft EIS/EA Transmission Line Route: The transmission line has been optimized based on feedback from Indigenous communities and government agencies to follow the existing E1C transmission line corridor for 58 km. This will provide opportunities for

  16. Slide 16: Key Optimizations to the Project Design since the draft EIS/EA

    Key Optimizations to the Project Design since the draft EIS/EA Revised Fish Habitat Offsetting and Compensation Plan (FHOCP; Appendix F): The revised FHOCP has been updated based on feedback received from government, Indigenous communities and the public. Some of the measures outlined in the revised

  17. Slide 17: Key Optimizations to the Project Design since the draft EIS/EA

    Key Optimizations to the Project Design since the draft EIS/EA On-site Fish Habitat Offset and Compensation Features TSX: FF | OTCQX: FFMGF | FRANKFURT: FMG | www.firstmininggold.com | 16

  18. Slide 18: Key Optimizations to the Project since the draft EIS/EA

    Key Optimizations to the Project since the draft EIS/EA • Receipt of Traditional Knowledge and Traditional Land Use (TK/TLU) Studies: o Since issuing the draft EIS/EA, FMG has received Project- specific TK/TLU Studies from Cat Lake First Nation, Lac Seul First Nation, Slate Falls Nation, Mishkeegoga

  19. Slide 19: Key Optimizations to the Project since the draft EIS/EA

    Key Optimizations to the Project since the draft EIS/EA • Draft Employee Health & Wellness Strategy (Appendix Q-3 of EIS/EA) o Development of this Strategy is a key component in following up on the feedback FMG has heard during engagement. o Northern-focused health & wellness supports are crucial to

  20. Slide 20: Key Optimizations to the Project since the draft EIS/EA

    Key Optimizations to the Project since the draft EIS/EA Wolverine Baseline Study: • A dedicated winter camera trap and run pole program was established in 2023 and 2024. • The intent of the program was to inform demographics (including sex, age, structure), occupancy / population density, habitat us

  21. Slide 21: Key Optimizations to the Project since the draft EIS/EA

    Key Optimizations to the Project since the draft EIS/EA Caribou Baseline Study & Modelling • A Boreal Caribou satellite telemetry study was initiated in February 2023 which included the deployment of 50 satellite collars in order to provide better understanding of habitat use. Program currently plan

  22. Slide 22: Key Optimizations to the Project since the draft EIS/EA

    Key Optimizations to the Project since the draft EIS/EA • Net Zero Strategy: details FMG’s commitment and plan for a net-zero project with the purpose of embedding a climate- positive approach to all aspects of the Project. o Strategy supports the target of reducing net GHG emissions to zero over th

  23. Slide 23: Next Steps

    Next Steps • Public and Indigenous community meetings being planned for early in the new year. • Final EIS/EA intro/overview meetings offered to Indigenous communities throughout November. Contacts: • Meghan Bertenshaw, Project Manager, First Mining Gold Meghan@firstmininggold.com • Jenny Archibald,

  24. Slide 24: For more information

    For more information: Community relations@firstmininggold.com TF: 1 844 306 8827 www.firstmininggold.com

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