FireFox Gold Completes Step-out Drill Program and Reports Strong Cobalt Intercept at Mustajärvi Gold Project, Finland

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FireFox Gold Completes Step-out Drill Program and Reports Strong Cobalt Intercept at Mustajärvi Gold Project, FinlandSODANKYLÄ, FINLAND / ACCESSWIRE / June 14, 2023 / FireFox Gold Corp. (TSX.V:FFOX)(OTCQB:FFOXF)("FireFox" or the "Company") is pleased to announce that it has completed a drilling program at the newly discovered high-grade zone in the East Target of the Mustajärvi Project. The Company drilled nine (9) diamond core holes totalling 1540.6 metres during the short spring 2023 program. These drill holes were designed to infill gaps in the modelled near-surface gold shapes and test for significant extensions to the west and southwest (see Figure 1). The new holes included close offsets and downdip tests of the replacement style gold mineralization drilled in the East Target, but the drilling also included major step-outs of 80m and 220m along strike to the southwest. Assays of the drill core are in progress.The Company has also received multielement geochemical analyses on the drill core from the fall 2022 drilling campaign. The most recent data are consistent with previous results from Mustajärvi drilling; the gold mineralization is consistently enriched in bismuth (Bi), tellurium (Te), molybdenum (Mo), selenium (Se), nickel (Ni), and cobalt (Co). Silver (Ag), arsenic (As), and copper (Cu) occur at relatively low levels at Mustajärvi. Cobalt is quite enriched at the East target, reaching maximum values of 0.497% and 0.461% over separate 1 metre samples in the 2022 drilling. Drill hole 22MJ021 recorded the strongest cobalt interval yet drilled, along with one of the best gold results as well (see Company news release dated January 18, 2023):22MJ021: 15.5m at 13.09 g/t Au, 0.15% Co, and 143 ppm Te from 11.0m depth, including6.5m at 19.18 g/t Au, 0.27% Co, and 247 ppm Te from 20.0m depth.FireFox's CEO, Carl Löfberg, commented about the drilling at Mustajärvi, "This drill program is meant to reveal the potential scale of the gold system we have been drilling at Mustajärvi. The combination of careful structural measurements and detailed interpretation of geophysics directed the team to focus the step-out drilling along a northeast-southwest corridor. Our preliminary impressions are that the new drilling has been successful in extending the mineralized corridor to the southwest. The elevated cobalt that is associ...

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