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First Mining Gold ( (TSE:FF) ) has issued an announcement.
First Mining Gold has launched its 2026 drilling campaign at the Duparquet Gold Project in Quebec’s Abitibi region and signed a drilling partnership with Indigenous-led contractor Forage Anicinape, announced on May 21, 2026. The partnership, formed with Forages Rouillier and the Coopérative de solidarité de Pikogan representing the Pikogan First Nation, underscores the company’s strategy of deepening Indigenous engagement while advancing a key growth asset.
The program, which began in the second quarter of 2026, will total about 12,000 metres using two diamond drill rigs to boost resource confidence, test resource growth targets such as the Miroir zone, and collect data for future technical and economic studies. Building on strong 2025 drill results and an NI 43-101 resource of 3.44 million ounces measured and indicated plus 2.64 million ounces inferred, the work is intended to de-risk Duparquet, support project economics outlined in a 2023 PEA, and reinforce First Mining’s development pipeline for shareholders and regional stakeholders.
The most recent analyst rating on (TSE:FF) stock is a Buy with a C$1.65 price target. To see the full list of analyst forecasts on First Mining Gold stock, see the TSE:FF Stock Forecast page.
Spark’s Take on FF Stock
According to Spark, TipRanks’ AI Analyst, FF is a Neutral.
The score is held back primarily by weak financial performance (no revenue, persistent losses, and ongoing cash burn), partially offset by a low-debt balance sheet. Technical indicators are moderately supportive with price above key moving averages and a positive MACD, but valuation remains constrained by negative earnings and no dividend data.
To see Spark’s full report on FF stock, click here.
More about First Mining Gold
First Mining Gold Corp. is a Canadian gold developer focused on advancing large-scale projects in Ontario and Quebec, notably the Springpole Gold Project in northwestern Ontario and the Duparquet Gold Project in Quebec’s Abitibi region. The company also holds a 20% interest in the Pickle Crow Gold Project and a significant equity stake in Seva Mining Corp., positioning it as a multi-asset player in the Canadian gold sector.
Average Trading Volume: 2,763,205
Technical Sentiment Signal: Buy
Current Market Cap: C$677.9M
Find detailed analytics on FF stock on TipRanks’ Stock Analysis page.