First Mining Announces Springpole Project Authorization from Cat Lake First Nation and Lac Seul First Nation Following the Completion of the Anishnaabe Led Impact Assessment

About this update from First Mining Gold Corp.

Cat Lake First Nation and Lac Seul First Nation have completed their groundbreaking Anishnaabe Led Impact Assessment Process and authorize the Springpole Gold Project subject to 35 negotiated termsFirst Mining, Cat Lake First Nation and Lac Seul First Nation have finalized a Term Sheet Agreement regarding the key benefits, environmental protection measures and conditionsVANCOUVER, BC, June 16, 2026 /PRNewswire/ - First Mining Gold Corp. ("First Mining" or the "Company") (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) announces that following the completion of the Anishnaabe Led Impact Assessment ("ALIA") Process for the Springpole Gold Project (the "Springpole Project", or the "Project") undertaken by Cat Lake First Nation ("Cat Lake", or "CLFN") and Lac Seul First Nation ("Lac Seul", or "LSFN"), First Mining has been informed by Chiefs and Councils of Cat Lake and Lac Seul that the Nations authorize the Springpole Project subject to important terms that have been captured in an agreement between First Mining, CLFN and LSFN (the "Term Sheet Agreement"). Informed by the ALIA, there are 35 negotiated terms secured in the Term Sheet Agreement including:Environmental & Water Protections: Enhanced management of mine rock and tailings, water treatment, and moving the operational treated water discharge location to protect Springpole and Birch lakes.Cultural & Socio-Economic Safeguards: Key conditions addressing impacts identified through the ALIA supporting culture and well-being.Economic Participation: Significant financial benefits, including revenue sharing, guaranteed value in procurement opportunities, milestone payments, and annual capacity funding for direct participation in project activities.Community Healing: Federal and proponent funding to support essential on-the-land healing and addictions treatment."We are grateful to Cat Lake and Lac Seul First Nations, leadership, and their advisors for the enormous amount of time, energy and diligence they put into the ALIA process" said Dan Wilton, CEO of First Mining. "We are proud to have supported this ground-breaking work and have truly valued the opportunity to collaborate and learn from the process. We look forward to continuing our journey together."The Project authorization by Cat Lake and Lac Seul Chiefs and Councils is conditional on finalizing the Term Sheet Agreement into a bindin...

View stock analysis, news, and events for First Mining Gold Corp.