FireFox Gold Corp.

Company Data | Introduction | Projects in Hand | Management
News Update
| Chinese

Address :  Suite 650 – 1021 West Hastings St.
Vancouver, BC
Canada V6E 0C3
Tel No.: 604-328-4789
Web Site: www.firefoxgold.com
E-mail: info@firefoxgold.com
Contact Person: Carl Lofberg
Position: CEO

Company Data

Traded Market: TSX-V / FSE
Traded Symbol: FFOX / A2PDU7
Outstanding Shares: 68.9M
Fully Diluted: 106.1M
52 Week High: $ 0.25
52 Week Low: $ 0.04
Present Price: Click Here








FireFox Gold is focused entirely on gold exploration in Finland, where it is exploring its project portfolio that includes over 1,700 km2 (170,000 hectares) of prospective ground.

Finland is one of the top mining investment jurisdictions in the world, as indicated by its multiple top 10 rankings in recent Fraser Institute Surveys of Mining Companies. Having a strong mining law and long mining tradition, Finland remains underexplored for gold. Recent exploration results in the country have highlighted its prospectivity, and FireFox is proud to have a Finland-based chief executive officer and technical team.

Projects in Hand

Gold Projects in the central Lapland region of northern Finland

Control of over 1,700 km2 in two gold belts:

The Central Lapland Greenstone Belt (CLGB)

  • Only 5 companies actively exploring for gold in the belt
  • FireFox controls >700 km2
  • Positioned on important trends, near new discoveries
  • Excellent infrastructure
  • Continually generating new targets and acquiring properties

The Kierinki Schist Belt

  • New Kierinki Project covers > 900 km2 in the Kierinki Schist Belt south of CLGB – an emerging gold terrane

Key Projects

Jeesiö Gold Project – New Area of Intense Exploration & Discovery

  • Utsamo Target is between the Risti and Launi East discoveries reported by Aurion Resources
  • Multiple prospects in the area with significant historic investment
  • Targets related to major regional structures (Sirkka and Venejoki Thrust Zones)
  • Extensive gold in till anomalies from historic surveys
  • More than 400 FireFox rock samples in the area, up to 6.39 g/t Au in outcrop
  • Evolving new targets defined by geochemistry, geology, and geophysics.
  • New high-grade target at Katajavaraa is only 2 km southwest from the Launi East vein

Utsamo Target: New Drill Targets in 2020

  • This target represents a 2.8 km long structurally distinct zone, associated with numerous gold anomalies in till, that follows the contact between mafic intrusive rocks and metasediments. This feature is believed to be the continuation of the Sirkka Shear Zone.

Katajavaara Target: Gold Bearing Quartz Vein in Outcrop

  • This new target is located nine kilometres south of the Utsamo target. It hosts significant gold in surface samples, including one quartz-sulphide vein sample with 6.4 g/t gold. The target appears to be related to the Venejoki Shear zone.

Seuru Gold Project – Similar Geology to Kittila Mine & Rupert's Area 1 Targets

  • Multiple targets identified by combining historic GTK sampling & drilling, plus historic geophysics and till sampling.
  • Seuru targets occur in mafic volcanic rocks, similar to the host rocks at Kittila Mine (Agnico Eagle, Europe's largest gold mine).
  • The Sarvilehto target was identified as highly prospective by the GTK in 2009-2010. It is situated approximately 5km north of Rupert's Area 1 gold zone.
    • Mapping, sampling and UAV airborne geophysics completed in 2020.

Mustajärvi Gold Project – Historic Target with New Expanded Potential

100% owned project:

  • 150 hectare Exploration Permit
  • 1,372 hectares Exploration Reservation (Sept 2018)
  • Paved highway cutting property
  • Extensive historic sample and drilling database from GTK and Outokumpu

The observed gold mineralization, structural setting and work to date support the potential for a high-grade orogenic gold deposit on the Mustajärvi property.

On July 27, 2020, FireFox announced that it has engaged GoldSpot Discoveries Corp. (TSXV: SPOT), a leader in utilizing artificial intelligence for target generation in mineral exploration.

FireFox's summer 2020 program integrated new and existing data from rock and trench sampling, till surveys, geophysical surveys, and structural analysis. At Mustajärvi, this process generated three types of priority drill targets:

  • Continuation of chargeability anomalies into metasediments north of known mineralization;
  • Major structural intersections and flexures coincident with geophysical anomalies; and
  • Structurally disrupted rigid bodies with alteration as well as gold and geochemical anomalies in till.

Kolho and Kelontekema Properties

On September 16, 2020, FireFox Gold Corp. announced that it has added two new properties, the Kolho and Kelontekema properties, to its exploration portfolio in the Central Lapland greenstone belt (CLGB) of Finland. These new reservations bring FireFox's tenement holdings in northern Finland to approximately 1,720 square kilometres, among the largest holdings of gold explorers in Lapland. Field programs have been initiated at both properties.

Investment Highlights

Innovative Platform

  • Tight structure of a newly listed company
  • Strategy built on decades of experience
  • Focused solely on gold in Finland

Competitive Advantage

  • A balance of technical and financial strengths:
    • Seasoned gold industry leadership
    • Nimble early mover with local experts

Excellent Jurisdiction

  • Finland top-ranked by Fraser Institute in 2019
  • Strong mining tradition and clear mining law
  • World-leading technical databases

Commanding Positions

  • Gold prospectivity in a greenstone setting
  • Control of over 1,700 km2 in two gold belts
  • Strategic positions for near-term discoveries

Ripe for Discovery

  • High-grade showings over a large area
  • New gold targets in key discovery areas
  • Continuous and unrelenting exploration


Management and Directors

Carl Löfberg, M.Sc., Co-founder, CEO & Director

Mr. Löfberg has broad experience in business consulting, project management, company start-ups and financing. As an economist and precious metals investor, he is an expert in hard currency and contrarian business strategy. He has been Managing Director for Magnus Minerals since 2006.

Patrick Highsmith, M.Sc., CPG, Co-founder & Chairman

Mr. Highsmith is a professional geologist and mining executive with 29 years of experience in exploration, operations, business development & leadership roles for companies. He has been targeting gold in Finland since 2005.

Andrew MacRitchie, CPA, CA, Co-founder & CFO

Mr. MacRitchie has held management roles in a number of TSX Venture-listed mining companies over his 20-year career. During that period, he has assisted those companies in raising more than $200 million. He is currently the CFO of Skeena Resources Ltd.

Joe Mullin, Director

Mr. Mullin is a corporate finance and restructuring professional. Currently, he is CEO and Director of Colorado Resources Ltd.

Timo Mäki, Director

Mr. Mäki is one of Finland's most experienced economic geologists. He was most recently the Chief Geologist at First Quantum's Pyhäsalmi Mine.

Technical Team

Petri Peltonen, PhD, Exploration Manager

Dr. Peltonen has over 25 years experience in geoscientific research, exploration and mining. He was Exploration Manager Europe for First Quantum Minerals Ltd. He also serves as Professor of Economic Geology at the University of Helsinki.

Richard Goldfarb, PhD, Technical Advisor

Dr. Goldfarb has more than 40 years of experience as an exploration geologist, researcher and professor. He is a world-renowned expert on the geology of gold deposits with an emphasis on orogenic gold.

Alf Björklund, PhD, Technical Advisor

Dr. Björkund brings more than 50 years of experience in geoscientific research and application to mineral exploration in Scandinavia, Russia, Brazil, Portugal and Canada.

Quinton Hennigh, PhD, Technical Advisor

Dr. Hennigh is a renowned exploration geologist worked with major gold companies such as Newcrest Mining and Newmont Mining, and subsequently founded Novo Resources Corp., acting as its CEO and currently serving as Chairman.

News Update

On September 30, 2020, Firefox Gold Corp. announced that its summer exploration program has successfully generated a series of drill targets throughout its extensive gold property portfolio in the Central Lapland greenstone belt (CLGB) of Finland. The FireFox technical team, including the experts at GoldSpot Discoveries, has completed a ranking of the various targets to guide an aggressive drilling program, which the Company intends to commence this fall starting at the 100-per-cent-owned Mustajarvi gold project.

On September 24, 2020, FireFox Gold Corp. announced that renowned exploration geologist Dr. Quinton Hennigh has joined its Technical Advisory Board.

On September 16, 2020, FireFox Gold Corp. announced that it has added two new properties, the Kolho and Kelontekema properties, to its exploration portfolio in the Central Lapland greenstone belt (CLGB) of Finland. These new reservations bring Firefox's tenement holdings in northern Finland to approximately 1,720 square kilometres, among the largest holdings of gold explorers in Lapland. Field programs have been initiated at both properties.


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