Gold Intersections At The Saddle Target In Birch-Uchi Greenstone Belt Project

VANCOUVER - First Mining Gold Corp. reported on its drilling program focused on the advancement of the Saddle drilling target in the Birch-Uchi Greenstone Belt Project (BUGB Project) located in northwestern Ontario, Canada. The Saddle target occurs approximately 12 km southwest of the Springpole Gold Project. Winter drilling at the Birch-Uchi Project comprised a total of eleven drill holes for 2,760 meters focused on three target areas including Saddle, Horseshoe, and Atlantis. First drilling by the company at the Saddle target included five drill holes totalling 842 meters which identified a significant gold mineralization system, returning grades of 0.92 g/t Au over 114.0 meters in hole SAT23-001, and 0.75 g/t Au over 57.7 meters in drill hole SAT23-002.

Saddle Target Highlights: Initial drilling campaign on the Saddle target since property acquisition returned consistent gold mineralization over meaningful widths that remains open for expansion; Historical grab rock samples validated by field program follow-up; Employed geoscience systems approach to characterize the target geology, supporting additional exploration opportunities in close proximity to the immediate drill area; and BUGB Project is proving to be prospective with a second drilled target delivering meaningful opportunity.

Table 1: Selected Significant Drill Intercept Results at Saddle Target

"Our regional exploration efforts are demonstrating the ability to identify mineralization settings that support new discoveries and potential satellite opportunities in this emerging gold district," stated Dan Wilton, CEO. "In only our second drill target tested, we are seeing the strength of gold endowment hosted in the Birch-Uchi Greenstone Belt where First Mining has focused exploration surrounding its flagship Springpole Gold Project."