First Mining Gold Files Independent Pre-Feasibility Study for Springpole Gold Project
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 23 2025
0mins
Source: PRnewswire
- Project Advancement: First Mining Gold has filed an independent Pre-Feasibility Study for the Springpole Gold Project on SEDAR+, indicating support for a 30,000 tonnes-per-day open pit mining operation, marking a significant milestone in project development.
- Technical Compliance: The report, prepared by Ausenco Engineering Canada ULC, adheres to NI 43-101 standards, ensuring transparency and compliance of technical information, which enhances investor confidence.
- Market Outlook: With a gold price assumption of $3,100 per ounce, the project's net present value (NPV) will provide crucial insights for future fundraising and investment decisions, potentially attracting more investor interest.
- Strategic Positioning: The Springpole Gold Project is one of First Mining's core assets, and as the feasibility study progresses, the company's competitiveness in the Canadian gold development sector will be further strengthened.
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FutureFuel Corp. is a manufacturer of diversified chemical products and biofuels. The Company operates in two segments: chemicals and biofuels. The chemicals segment manufactures specialty chemicals for specific customers (custom chemicals) as well as multi-customer specialty chemicals (performance chemicals). Its custom manufacturing product portfolio includes agrochemicals, adhesion promoters, a biocide intermediate, and an antioxidant precursor. Its performance chemicals products include a portfolio of nylon and polyester polymer modifiers and several small-volume specialty chemicals and solvents for diverse applications. Its biofuels segment primarily produces and sells biodiesel to its customers. In addition, it sells petrodiesel in blends with its biodiesel and with no biodiesel added. It offers B100 and biodiesel blended with petrodiesel (B2, B5, B10, B20, B50, and B99 blends) at its Batesville facility and at a short-term leased storage facility in Little Rock, Arkansas.
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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