First Mining Gold releases PFS on open pit development at Springpole
First Mining Gold releases PFS on open pit development at Springpole Barge drilling at Springhole. Credit: First Mining Gold First Mining Gold (TSX: FF) has released the results of a prefeasibility study on an 11-year, 30,000 tonne per day open pit operation at its Springpole gold project in northwestern Ontario, about 110 km northeast of Red Lake. The study suggests nine years of primary mining and processing, followed by just over two years of processing lower-grade stockpiles. Over the 11-year mine life, average annual gold production is forecast at 287,000 oz. (335,000 oz. in the first ni...