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First Mining Gold: Pre-Feasibility Study with Excellent Numbers Released

16:44 MIN 2.820

Interview with CEO Dan Wilton. First Mining just announced a positive Pre-Feasibility Study for the Springpole Gold Project in Ontario, Canada.

Highlights of the PFS:

- Pre-Tax NPV5% of US$1.5 billion, Pre-Tax IRR of 36%
- After-Tax NPV5% of US$995 million, After-Tax IRR of 29%
- Average Annual Gold Production of 335,000 ounces and AISC of US$577/oz in Years 1 - 9

- All-in sustaining costs of US$577/oz (Years 1 to 9), and AISC US$645 (LOM)