{"id":9910,"date":"2026-08-17T15:44:52","date_gmt":"2026-08-17T19:44:52","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=9910"},"modified":"2026-08-17T15:44:54","modified_gmt":"2026-08-17T19:44:54","slug":"breaking-first-mining-hits-new-9-year-high","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/breaking-first-mining-hits-new-9-year-high\/","title":{"rendered":"Breaking: First Mining Hits New 9-Year High"},"content":{"rendered":"\n
\n\n

First Mining Gold (TSX: FF)<\/strong> is up by 2.98%<\/strong><\/span> today to $0.87 per share<\/strong> and hit a new 9-year high<\/strong><\/span> earlier in the day of $0.88 per share<\/strong> for a gain of 467.74%<\/strong><\/span> since NIA's suggestion at $0.155 per share<\/strong>, but remains extremely undervalued<\/strong><\/span>.<\/p>\n\n

\"\"<\/p>\n\n

First Mining's Springpole<\/strong> is Canada's latest<\/span> gold project<\/span><\/strong> to receive Federal EA Approval<\/strong><\/span>. The only other Canadian gold project<\/span><\/strong> of similar size to recently receive Federal EA Approval<\/strong><\/span> is Skeena's Eskay Creek<\/strong>.<\/p>\n\n

First Mining's Springpole<\/strong> has an indicated 4.8 million oz<\/strong><\/span> of gold plus an inferred 0.8 million oz<\/strong><\/span>, for 5.6 million oz<\/strong><\/span> of total gold resources. Skeena's Eskay Creek<\/strong> has a measured & indicated 4.1 million oz<\/strong><\/span> of gold and 101.4 million oz<\/strong><\/span> of silver, which is equal to 5.6 million oz<\/strong><\/span> of gold equivalent.<\/p>\n\n

Skeena's market cap<\/strong> is approximately US$4.02 billion<\/strong><\/span>, or 4.65x higher<\/strong><\/span> than First Mining's market cap<\/strong> at $0.87 per share<\/strong> of US$864.24 million<\/strong><\/span>, when the total gold-equivalent resources of Springpole<\/strong> and Eskay Creek<\/strong> are almost exactly the same<\/strong><\/span>.<\/p>\n\n

First Mining<\/strong> also owns the rapidly growing<\/strong><\/span> Duparquet<\/strong> in Quebec, which has a measured & indicated 3.44 million oz<\/strong><\/span> of gold plus an inferred 2.64 million oz<\/strong><\/span>, for 6.08 million oz<\/strong><\/span> of total gold resources.<\/p>\n\n

The closest comparison<\/strong><\/span> to First Mining's Duparquet<\/strong> would probably be Gold X2 Mining (TSXV: AUXX)'s Moss<\/strong> in Ontario, which has an indicated 2.125 million oz<\/strong><\/span> of gold plus an inferred 3.91 million oz<\/strong><\/span>, for 6.035 million oz<\/strong><\/span> of total gold resources.<\/p>\n\n

AUXX<\/strong> is currently $9.12 per share<\/strong> for a gain of 347.06%<\/strong><\/span> since NIA's October 2024 suggestion at $2.04 per share<\/strong>, back when the company was known as Goldshore<\/strong>. AUXX<\/strong> is trading at a market cap of US$664.16 million<\/strong><\/span> for Moss<\/strong> alone, when it is an earlier-stage project like Duparquet<\/strong>.<\/p>\n\n

So not only is First Mining extremely undervalued<\/span><\/strong> based on Springpole<\/strong> alone, but you are essentially getting Duparquet<\/strong> for free<\/strong><\/span>.<\/p>\n\n

First Mining Chairman Keith Neumeyer<\/strong> is a major<\/strong><\/span> Westward Gold (CSE: WG) shareholder<\/strong>, and WG Chairman Quinton Hennigh discovered<\/span> First Mining's Springpole<\/strong>!<\/p>\n\n

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received compensation from FF of US$100,000 cash for a twelve-month marketing contract and previously received US$50,000 cash for a six-month marketing contract which has since expired. NIA previously received compensation from AUXX of US$30,000 cash for a three-month marketing contract which has since expired. NIA has received compensation from WG of US$60,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.<\/em><\/span><\/p>\n\n<\/div>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

First Mining Gold (TSX: FF) is up by 2.98% today to $0.87 per share and hit a new 9-year high earlier in the day of $0.88 per share for a gain of 467.74% since NIA's suggestion at $0.155 per share, but remains extremely undervalued. First Mining's Springpole is Canada's latest gold project to receive Federal […]<\/p>\n","protected":false},"author":1,"featured_media":9912,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[29,81,9,82,297],"class_list":["post-9910","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-auxx","tag-ff","tag-gold","tag-ske","tag-wg"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/9910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=9910"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/9910\/revisions"}],"predecessor-version":[{"id":9913,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/9910\/revisions\/9913"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/9912"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=9910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=9910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=9910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}