First Mining Gold Corp 6-K, filed May 28, 2020
First Mining Gold Corp. (FFMGF)
6-K
2020-05-28
For: 2020-05-28
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April 07, 2026
About this 6-K
First Mining Gold Corp filed this 6-K on May 28, 2020.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN
PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the month of May
2020
Commission File Number: 000-55607
First Mining Gold
Corp.
(Translation of registrant's name into English)
(Translation of registrant's name into English)
Suite
2070, 1188 West Georgia Street, Vancouver, B.C., V6E
4A2
(Address of principal executive office)
(Address of principal executive office)
Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form
40-F.
Form 20-F [ ]
Form 40-F [ X ]
Indicate by check mark if the registrant is
submitting the Form 6-K in paper as permitted by Regulation S-T
Rule 101(b)(1): [ ]
SUBMITTED
HEREWITH
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Exhibits
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Press Release dated May 28,
2020
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SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly
authorized.
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First Mining Gold
Corp.
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(Registrant)
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Date: May 28, 2020
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/s/ Samir
Patel
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Samir Patel
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General Counsel and Corporate
Secretary
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Exhibit 99.1
NEWS RELEASE
First Mining Resumes Operations in Ontario, Canada
May 28, 2020 – Vancouver, Canada – First Mining Gold
Corp. (“First Mining” or the
“Company”) (TSX:
FF) (OTCQX: FFMGF)
(FRANKFURT: FMG) is pleased
to announce the restart of field operations at its 100%-owned
Springpole Gold Project (“Springpole”) and its 100%-owned
Goldlund Gold Project (“Goldlund”), both located in
northwestern Ontario, Canada.
At
Springpole, field personnel will be remobilized back to site in the
first week of June to resume the combined
geotechnical-hydrogeological drill program that began in February
2020 to support the Pre-Feasibility Study and the Environmental
Impact Statement. Metallurgical testwork is also underway at the
SGS laboratory in Lakefield, Ontario, utilizing sample material
collected in the 2020 drilling program. Further details on the
Springpole 2020 work activities are provided in the Company’s
news release dated March 31,
2020.
At
Goldlund, the Company has recommenced its 2020 drill program, and
will be completing a further 1,500 metres of drilling targeting the
northeast extensions of Zones 2 and 3 at the Goldlund Main Zone.
Sampling and assaying are also scheduled to be completed on eight
holes that were drilled prior to the suspension of the drill
program due to COVID-19, as samples from these holes had not been
cut and shipped to the assay laboratory due to the temporary
demobilization of operations at site. Approximately 7,300 metres of
drilling has now been completed on the Goldlund Main Zone during
the 2019 - 2020 drill program.
First
Mining has implemented a COVID-19 risk mitigation policy
incorporating recommendations set by the Government of Ontario, to
provide health and safety guidance and recommendations to its
employees and contractors. All employees and contactors at
Springpole and Goldlund will be subject to heightened health and
safety standards in accordance with precautions put in place by the
Government of Ontario and the Company.
First
Mining would like to thank all its employees, contractors and
stakeholders for their understanding and support throughout this
challenging time. We look forward to a safe and measured approach
as we return to work at Springpole and Goldlund. The health and
safety of First Mining’s workforce, and the communities in
which we operate, remains our top priority. First Mining is
committed to fully supporting all safety measures recommended by
the Ministry of Health in Ontario and the federal Government of
Canada in respect of restarting activities at mining project
sites.
Pickle Crow Update
First
Mining is also pleased to announce the start of drilling at the
Pickle Crow Gold Project (“Pickle Crow”). Auteco Minerals Ltd
(“Auteco”),
First Mining’s joint venture partner on Pickle Crow, has
commenced a 5,000 metre, maiden diamond drill program targeting
shallow, high-grade targets within the top 300 metres that lie
outside of historically defined resource areas. Auteco is advancing
Pickle Crow and may earn up to an 80% interest in the
Company’s wholly-owned subsidiary PC Gold Inc., which owns
the Project. Further details on the earn-in are provided in First
Mining’s January 27,
2020 news release, and further details on Auteco’s
Pickle Crow drill program are provided in their news release from
May 27, 2020.
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About First Mining Gold Corp.
First
Mining Gold Corp. is a Canadian-focused gold exploration and
development company advancing a large resource base of 7.4 million
ounces of gold in the Measured and Indicated categories and 3.8
million ounces of gold in the Inferred category. First
Mining’s primary focus is the development and permitting of
its Springpole Gold Project and the advanced exploration of its
Goldlund Gold Project, both located in northwestern Ontario.
Springpole is one of the largest undeveloped gold assets in Canada,
with permitting and a Pre-Feasibility Study underway. Goldlund is
an advanced exploration stage asset where drilling in 2020 is
planned to define both the extension of the existing resource area
and to better define the regional scale potential. First
Mining’s eastern Canadian property portfolio also includes
Cameron, Pickle Crow, Hope Brook, Duparquet, Duquesne, and
Pitt.
First
Mining was created in 2015 by Mr. Keith Neumeyer, founding
President and CEO of First Majestic Silver Corp.
ON BEHALF OF FIRST MINING GOLD CORP.
Daniel
W. Wilton
Chief Executive Officer and Director
For further information, please contact:
Spiros
Cacos | Vice
President, Investor Relations
Toll
Free: 1.844.306.8827 | Email:
info@firstmininggold.com
www.firstmininggold.com
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain "forward-looking
information” and "forward-looking statements”
(collectively "forward-looking statements”) within the
meaning of applicable Canadian and United States securities
legislation including the United States Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
made as of the date of this news release. Forward-looking
statements are frequently, but not always, identified by words such
as "expects”, "anticipates”, "believes”,
“plans”, “projects”, "intends”,
"estimates”, “envisages”, "potential”,
"possible”, “strategy”, “goals”,
“objectives”, or variations thereof or stating that
certain actions, events or results "may", "could", "would", "might"
or "will" be taken, occur or be achieved, or the negative of any of
these terms and similar expressions.
Forward-looking statements in this news release relate to future
events or future performance and reflect current estimates,
predictions, expectations or beliefs regarding future events and
include, but are not limited to, statements with respect to:
(i) the remobilization of
field personnel to Springpole and the plans to restart the combined
geotechnical-hydrogeological drill program at Springpole; (ii)
timing of the results of the metallurgical testwork on the sample
material collected at Springpole during the 2020 drill program;
(iii) the Company’s plans to restart its drill program at
Goldlund and drill 1,500 metres at Goldlund, targeting the
northeast extensions of Zones 2 and 3 at the Goldlund Main Zone;
(iv) timing for the receipt of assay results on holes that were
drilled at Goldlund but had not been cut or shipped to the assay
laboratory prior to the shut down of operations at the project due
to COVID-19; (v) Auteco earning up to an 80% interest in PC Gold
Inc., one of the Company’s wholly-owned subsidiaries; (vi)
the Company’s primary focus on developing and permitting
Springpole and the advanced exploration of its Goldlund Gold
Project; and (vii) realizing the value of the Company’s gold
projects for the Company’s shareholders. All forward-looking
statements are based on First Mining's or its consultants' current
beliefs as well as various assumptions made by them and information
currently available to them. There can be no assurance that such
statements will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such
statements. Forward-looking statements reflect the beliefs,
opinions and projections on the date the statements are made and
are based upon a number of assumptions and estimates that, while
considered reasonable by the respective parties, are inherently
subject to significant business, economic, competitive, political
and social uncertainties and contingencies. Many factors, both
known and unknown, could cause actual results, performance or
achievements to be materially different from the results,
performance or achievements that are or may be expressed or implied
by such forward-looking statements and the parties have made
assumptions and estimates based on or related to many of these
factors. Such factors include, without limitation the
Company’s business, operations and financial condition
potentially being materially adversely affected by the outbreak of
epidemics, pandemics or other health crises, such as COVID-19, and
by reactions by government and private actors to such outbreaks;
risks to employee health and safety as a result of the outbreak of
epidemics, pandemics or other health crises, such as COVID-19, that
may result in a slowdown or temporary suspension of operations at
some or all of the Company's mineral properties as well as its head
office; fluctuations in the
spot and forward price of gold, silver, base metals or certain
other commodities; fluctuations in the currency markets (such as
the Canadian dollar versus the U.S. dollar); changes in national
and local government, legislation, taxation, controls, regulations
and political or economic developments; risks and hazards
associated with the business of mineral exploration, development
and mining (including environmental hazards, industrial accidents,
unusual or unexpected formations, pressures, cave-ins and
flooding); the presence of laws and regulations that may impose
restrictions on mining; employee relations; relationships with and
claims by local communities, indigenous populations and other
stakeholders; availability and increasing costs associated with
mining inputs and labour; the speculative nature of mineral
exploration and development; title to properties.; and the
additional risks described in the Company’s Annual
Information Form for the year ended December 31, 2019 filed with
the Canadian securities regulatory authorities under the
Company’s SEDAR profile at www.sedar.com, and in the
Company’s Annual Report on Form 40-F filed with the SEC on
EDGAR.
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First Mining cautions that the foregoing list of factors that may
affect future results is not exhaustive. When relying on our
forward-looking statements to make decisions with respect to First
Mining, investors and others should carefully consider the
foregoing factors and other uncertainties and potential events.
First Mining does not undertake to update any forward-looking
statement, whether written or oral, that may be made from time to
time by the Company or on our behalf, except as required by
law.
Cautionary Note to United States Investors
This news release has been prepared in accordance with the
requirements of the securities laws in effect in Canada, which
differ from the requirements of U.S. securities laws. Unless
otherwise indicated, all resource and reserve estimates included in
thisnews release have been prepared in accordance with NI 43-101
and the Canadian Institute of Mining, Metallurgy, and Petroleum
2014 Definition Standards on Mineral Resources and Mineral
Reserves. NI 43-101 is a rule developed by the Canadian Securities
Administrators which establishes standards for all public
disclosure an issuer makes of scientific and technical information
concerning mineral projects. Canadian standards, including NI
43-101, differ significantly from the requirements of the SEC, and
mineral resource and reserve information contained herein may not
be comparable to similar information disclosed by U.S. companies.
In particular, and without limiting the generality of the
foregoing, the term "resource” does not equate to the term
"reserves”. Under U.S. standards, mineralization may not be
classified as a "reserve” unless the determination has been
made that the mineralization could be economically and legally
produced or extracted at the time the reserve determination is
made. The SEC's disclosure standards normally do not permit the
inclusion of information concerning "measured mineral
resources”, "indicated mineral resources” or "inferred
mineral resources” or other descriptions of the amount of
mineralization in mineral deposits that do not constitute
"reserves” by U.S. standards in documents filed with the SEC.
Investors are cautioned not to assume that any part or all of
mineral deposits in these categories will ever be converted into
reserves. U.S. investors should also understand that "inferred
mineral resources” have a great amount of uncertainty as to
their existence and great uncertainty as to their economic and
legal feasibility. It cannot be assumed that all or any part of an
"inferred mineral resource” will ever be upgraded to a higher
category. Under Canadian rules, estimated "inferred mineral
resources” may not form the basis of feasibility or
pre-feasibility studies except in rare cases. Investors are
cautioned not to assume that all or any part of an "inferred
mineral resource” exists or is economically or legally
mineable. Disclosure of "contained ounces” in a resource is
permitted disclosure under Canadian regulations; however, the SEC
normally only permits issuers to report mineralization that does
not constitute "reserves” by SEC standards as in-place
tonnage and grade without reference to unit measures. The
requirements of NI 43-101 for identification of "reserves”
are also not the same as those of the SEC, and reserves reported by
the Company in compliance with NI 43-101 may not qualify as
"reserves” under SEC standards. Accordingly, information
concerning mineral deposits set forth herein may not be comparable
with information made public by companies that report in accordance
with U.S. standards.
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