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Company News

FireFox Gold Welcomes Mr. Robb McNaughton to Its Board Of Directors And Retains Agentis Capital Mining Partners 11 Apr, 2024
FireFox Gold Reports Depth Extensions to the East Target at the Mustajärvi Project, Finland, including 3.16 g/t Gold over 13.5 metres 28 Feb, 2024
FireFox Gold Provides Exploration Update including Additional Drilling, Surface Rock Sampling, and Receipt of New Permits in Lapland, Finland 22 Feb, 2024

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FireFox Gold (TSX.V: FFOX) | Exploring for Gold in Lapland

VANCOUVER, BC – (April 11, 2024) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF) (“FireFox” or the “Company”) is pleased to announce the appointment of Robb McNaughton, LLB, to its board of directors. Mr. McNaughton is a seasoned attorney specializing in the resources sector, listings, investor activism, and corporate transactions.

Mr. McNaughton has more than twenty years of international corporate and legal experience in a broad array of fields, but in recent years he has become well known as a partner at the Canadian national law firm of Borden Ladner Gervais LLP (BLG). At BLG, he is a leader in the M&A and Capital Markets Group. In addition to his prominent role in listings at both the NEO and TSX exchanges, Robb has garnered a reputation as an innovator in the areas of corporate structure, reverse takeovers, and trusts, among other things. Mr. McNaughton is also a member of the national advisory committee of the TSX Venture Exchange.

The Company also announces that it has retained Agentis Capital Mining Partners (“Agentis”) under a financial and capital markets advisory agreement. Agentis is a leading independent advisory and research firm with specialty expertise in exploration and mining.

Mr. McNaughton commented about joining the FireFox board, “Our BLG team has been with FireFox since 2017. I am delighted to be expanding my role with a company that has such compelling properties and such a dynamic and capable team.”

FireFox Chairman, Patrick Highsmith, remarked on the additions to the team, “Our portfolio of projects in northern Finland, one of the hotbeds of gold discovery in the world, and our excellent roster of shareholders position us well to grow our company through the drill bit. However, the capital markets and business-to-business environments of today are complex fields of opportunity. We value strong independent voices on our board of directors and among our advisors. We are particularly pleased to welcome Robb to our board, where he offers a fresh perspective, informed from years of diverse experience.”

Issuance of Share Purchase Options and Shares

In association with this appointment and in keeping with its intended annual calendar, FireFox also reports that its board of directors has approved the grant of 5,000,000 incentive stock options to directors, officers, staff and consultants in recognition of their respective contributions to the development of the Company. This grant of options is subject to the terms and conditions of the Company’s incentive stock option plan, which has been approved by shareholders, and approval by the TSX Venture Exchange and regulatory authorities.

The options are valid for five years from the date of issuance and exercisable at a price of $0.09 per share, an 11% premium to the closing price of the stock on Wednesday, April 10, 2024.

FireFox also intends to grant 490,851 shares of FireFox common stock to Agentis at $0.08 per share, the closing price of the stock on Wednesday, April 10, 2024. The share issuance is in payment of a discretionary fee or bonus in recognition of Agentis’ role in the Company’s business development activities. The shares issued to Agentis will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. This share issuance is also subject to approval by the TSX Venture Exchange and regulatory authorities.

About FireFox Gold Corp.

FireFox Gold Corp is listed on the TSX Venture Stock Exchange under the ticker symbol FFOX. FireFox also trades on the OTCQB Venture Market Exchange in the US under the ticker symbol FFOXF. The Company has been exploring for gold in Finland since 2017 where it holds a large portfolio of prospective ground.

Finland is one of the top mining investment jurisdictions in the world as indicated by its multiple top-10 rankings in recent Fraser Institute Surveys of Mining Companies. Having a strong mining law and long mining tradition, Finland remains underexplored for gold. Recent exploration results in the country have highlighted its prospectivity, and FireFox is proud to have a Finland based CEO and technical team. For more information, please refer to the Company’s website www.firefoxgold.com and profile on the SEDAR+ website at www.sedarplus.ca.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2024. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

SODANKYLÄ, FINLAND – (February 28, 2024) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to report results from an additional six holes totalling 1,617.5 metres of drilling at the Company’s 100%-held Mustajärvi Gold Project in Lapland, Finland (Figure 1). The primary focus of the program was four holes (23MJ010-23MJ013) drilled to test for extensions to depth of the near-surface high-grade gold zone at the East Target (Figure 2).

Results confirm that gold mineralization extends deeper to the south, where the system plunges to the southwest and is very likely down dropped by faults south of the surface expression. These holes are the deepest expression of the East Target yet, with strong gold intercepts occurring at more than 250 metres below surface. Even though these holes were significant step outs to the south and southwest, the results demonstrate opportunity for expansion to depth and to the southwest.

Selected Highlights from the latest drilling at the East Target

Drill hole 23MJ013 intercepted:
- 13.5m averaging 3.16 g/t Au, from 230.6m depth, including
  - 1.0m at 18.42 g/t Au; and
- 1.0m at 5.31 g/t Au, from 271m depth; and
- 6.5m at 1.01 g/t Au, from 281.5m depth.
Drill hole 23MJ011 intercepted:
- 3.6m averaging 5.96 g/t Au, from 236.3m depth, including
  - 0.7m at 21.77 g/t Au; and
- 0.8m at 5.93 g/t Au, from 122.85m depth.

Five of the six drill holes encountered significant gold mineralization, as defined by intercepts above 0.5 g/t Au (see Table 1). The final two holes of the program (23MJ014 and 23MJ015) were collared in, or near, the Central Zone to test a new drilling orientation and a geophysical anomaly.

Carl Lofberg, FireFox’s CEO, commented about the new results, “Our newest drilling has extended the East Target mineralization 100 metres to the southwest and to more than 250 metres vertical depth. In doing so, we have confirmed a southwesterly plunge to the gold zone and picked up deeper gold intercepts across a major fault. These holes have defined a southern band of gold mineralization that needs much more drilling. Our latest results confirm that the gold remains open to southwest and downdip. Our next round of drill targets is already emerging from these new data. We look forward to having the drill back on site in the spring.”

Mustajärvi Project and Drill Program Summary

The Mustajärvi Project lies along the highway between the cities of Kittilä and Sodankylä, approximately 17 kilometres east of Kittilä. The project remains at an early stage as FireFox and predecessor companies have drilled approximately 15,752 metres to date, and drilling has delineated three different lodes of gold mineralization along more than 1.5 kilometres of strike so far. Due to its near-surface high-grade nature, the Company has been focusing most recently on the East Target. In addition to testing for extensions at depth, the most recent holes in the East Target attempted to intersect the modelled contact between the Savukoski Group ultramafic volcanic rocks and Sodankylä Group metasediments. As shown in cross section below (Figure 3), FireFox’s understanding of this important contact and nearby structures has improved considerably.

To date, most of the mineralization identified at Mustajärvi is hosted in metasedimentary rocks that have been intensely altered with albite, sericite, local silicification, sulfidation, iron carbonates, and/or cut by quartz-carbonate veining. High grades of gold are associated with quartz-carbonate-tourmaline-pyrite (QCTP) veins, hydrothermal breccias, or semi-massive to massive pyrite controlled by foliations. Gold is often enriched at or near the contact with mafic or ultramafic rocks. Until now, mafic rocks, either representing intrusive dikes and sills or thin layers within the Savukoski volcanics, have not typically been recognized as hosting significant gold grades. These new holes have encountered significant mineralization in numerous places within the mafic rocks, albeit so far at relatively low grades, such as 6.5m at 1.01 g/t Au in drill hole 23MJ013. The mineralized mafic rocks are usually intensely albitized with disseminated pyrite and cut by quartz-carbonate or QCTP veins.

Table 1. Significant Drill Intercepts in Drillholes 23MJ010 – 23MJ014

(Cut-off Grade 0.5 g/t Au)

The detailed drill pattern along with newly modeled gold shapes at the East Target are shown in Figure 2. Drill hole 23MJ010 was another step out hole southwest from the main high-grade zone, collared between the previously drilled westernmost holes (23MJ005 and 23MJ008). Drill holes 23MJ011 and 23MJ012 were drilled 100 metres east from the same collar in a fan configuration, where both holes plunge to the northwest but at angles of 50° and 70° degrees, respectively. The fourth drill hole, 23MJ013, was collared approximately

Figure 1. Mustajärvi Project showing drilling over ground magnetics and most recent holes labeled.

75 metres southeast of 23MJ011 and 23MJ012, making it the southernmost drill hole so far drilled in the East Target (approximately 100 metres farther southwest from previous drilling). FireFox geologists designed these holes to test the southwest and downdip continuation of the near-surface high-grade mineralization and to determine whether the interpreted sub-vertical faults on the south side of the zone are offsetting mineralization.

Detailed Description of Drill Holes

Hole 23MJ010 passed through variably altered (albite, quartz, and sericite) metasediments cut by repeating and alternating mafic dykes or sills, with several intervals of weak and moderate disseminated pyrite. These pyrite mineralized intervals were usually associated with strong sericitization and QCTP or quartz-pyrite veins, but also with fault breccia zones and metasediment-mafic sill contacts. The hole returned two gold mineralized samples above the cutoff grade of 0.5 g/t Au, 0.85m at 2.46 g/t from 128.0m downhole and 0.9m at 2.29 g/t from 198.5m downhole. These zones were associated with mineralized contacts or veining.

Hole 23MJ011 was designed to undercut and confirm the mineralization recorded in hole 23MJ004, as well as to test for further extensions of mineralization to depth. The hole also tested magnetic anomalies near the interpreted contact between the Savukoski Group ultramafic volcanic rocks and the Sodankylä Group metasedimentary rocks. The important contact was confirmed at 94.8m with traces of disseminated pyrite

Figure 2 . Plan view of Mustajärvi East drilling with modeled gold shapes projected to surface.

and weak gold enrichment directly beneath the contact. The intercepted contact supports the previously interpreted and modeled Savukoski Group-Sodankylä Group contact as dipping steeply to the southeast.

The first significant gold-mineralized interval in 23MJ011 returned 0.8m at 5.93 g/t Au from 122.85m depth, and it was hosted in a quartz vein with semi-massive clots of pyrite. A second significant mineralized interval at 236.3m depth returned 3.6m of 5.96 g/t Au, including 0.7m of 21.77 g/t Au. This mineralization was hosted in a fault breccia zone containing remnants of QCTP veins (Figure 4). This interval included grains of fine visible gold and fluorite, which is often associated with open space in higher grade zones at Mustajärvi. The gold mineralized fault breccia in this hole may relate to previous intercepts in drill holes 23MJ004 and 23MJ003 (see Company news release dated July 18, 2023), suggesting an encouraging new deeper target in this area of the property.

Figure 3. SW facing cross-section showing the drill hole fence 23MJ013-23MJ011 and the interpreted mineralization along the section plan A-A’.

Hole 23MJ012 was aimed more steeply from the same drill pad as 23MJ011 to test depth extents of the system and for evaluating the steeply dipping faults interpreted in the area. The hole pierced the Savukoski - Sodankylä contact as expected, at 125.6 metres depth. The contact was marked by a heavily sheared mafic sill, and intensely altered and faulted metasediments just below that with abundant pyrite and 1.0m of 7.6 g/t Au.

Once passing through the key contact, this hole can be characterized as containing numerous intervals of low-level gold mineralization but lacking the thicker or higher-grade zones seen above it (See Figure 3). In total, there are 37 sample intervals with gold grades greater than 0.1 g/t, but most do not exceed the cutoff for significance (0.5 g/t). There are intervals of albitized and pyritic metasediments with scattered quartz-carbonate, tourmaline, and QCTP veins. These intervals of low-grade gold may represent splays or structural offsets to the stronger gold zones observed at higher levels.

Drill hole 23MJ013 was collared farther south so that it could be aimed deeper towards a deeper part of the mineralized contact zone that was delineated earlier in 2022 and 2023. The contact was intersected at 230.6 metres, below which the metasedimentary rocks were highly albitized, sulphidized, and variably silicified over approximately 13.0 metres. That interval included abundant pyrite in both replacement and vein styles, as well as quartz, sulphide, and tourmaline veins and hydrothermal breccias. This interval carried strong gold mineralization over 13.5m averaging 3.16 g/t between 230.6 and 244.1m downhole, including 2.7m of 11.07 g/t. The higher-grade intervals are usually associated with narrow semi-massive to massive pyrite. While most of the gold at this mineralized contact is hosted in metasediments, there are also thin mafic dikes or sills that are mineralized with gold and pyrite. This zone also includes anomalous bismuth, molybdenum, and tellurium, although copper, lead, and zinc are at background concentrations.

Figure 4. Fault breccia zone in 23MJ011 with 3.6m of 5.96 g/t Au from 236.3m downhole. Visible gold flakes were observed from two intervals grading 21.77 g/t Au and 4.43 g/t Au.

The deeper sections of hole 23MJ013 contained thicker mafic sills, often veined (quartz carbonate and QCTP veins) and flooded with albite and/or silica. These veins and alteration haloes within the mafic sills locally contain disseminated pyrite and gold. The presence of significant pyrite and anomalous gold in the mafic intrusive rocks at Mustajärvi is uncommon, but several intervals in this hole contained significant gold: 1.0m at 5.31 g/t from 271m depth, 1.0m at 2.19 g/t from 275.0m, and 6.5m that averaged 1.01 g/t from 281.5m. The wider interval was hosted in a strongly albite-altered mafic sill crosscut by quartz-carbonate-tourmaline veins surrounded by disseminated pyrite.

Most of the gold mineralization at Mustajärvi is associated with abundant pyrite and anomalous bismuth, molybdenum, selenium, and tellurium, whereas silver, arsenic, antimony, copper, and other base metals are at (or near) background levels. In contract, it may be noteworthy that this deeper gold mineralization in the mafic (gabbroic) sills and dikes has a relatively low abundance of pyrite, and only shows slightly anomalous bismuth, molybdenum, selenium, and tellurium.

After completing drill hole 23MJ013 the drill rig moved to the Central Zone (approximately 1.5 kilometres to the west), where drill hole 23MJ014 was collared approximately 100 meters north from previous drill hole 22MJ016. This hole was aimed in a different direction (NE) to test for the presence of crosscutting structures, perpendicular to the northeast-striking Mustajärvi Shear Zone (MSZ). All previous drill holes at this target were drilled perpendicular to the MSZ, but NE-directed holes at the East Target encountered important crosscutting mineralization. Drill hole 23MJ014 intercepted primarily moderately albitized intermediate tuffites and mafic tuffs with evidence of faulting.

Intervals of more intense alteration and brecciation that are cut by quartz-pyrite and QCTP veins are locally mineralized with gold over narrow widths. One of these zones at 40.5-43.0m depth returned 2.5m averaging 0.86 g/t Au. A number of other fault zones with veining contained 0.5 to 1.56 g/t gold over narrow widths.

The final drill hole, 23MJ015, was collared almost 400 metres east from hole 23MJ014, targeting an unusual magnetic low detected in the ground magnetics surveys. The hole was drilled entirely within the Savukoski Group ultramafic rocks with a few thin fault zones and no significant gold assays.

Table 2. Drill Collar Information (coordinates presented in EPSG:3067)

Methodology & Quality Assurance

The core was transported from the rig to the Company´s core storage facility in Sodankylä, where FireFox’s exploration team conducted the geological and geotechnical logging and selected the assay intervals. Assay intervals were generally 1 metre but in some circumstances were modified according to lithological boundaries and other factors. FireFox geologists maintained chain of custody and sampling procedures according to best industry practice and with due attention to quality assurance and quality control, including sampling field duplicates and insertion of certified standard and blank samples.

FireFox team members transported the samples to an ALS sample prep lab in Sodankylä. The samples were sawed then crushed to -2 mm, split and pulverized into 1kg pulps, before being shipped to the ALS facility in Rosia Montana, Romania for gold by fire assay of 50 gm aliquots with AAS finish (method Au-AA24). All samples exceeding 10.0 g/t Au were re-assayed in triplicate by fire assay of 50 gm aliquots with a gravimetric finish (method Au-GRA22). Other elements, altogether 48, were measured after four-acid digestion by ICP-AES and ICP-MS (method ME-MS61) at the ALS facility located in Loughrea, Ireland.

ALS Laboratories is a leading international provider of assay and analytical data to the mining industry. All ALS geochemical hub laboratories, including the Irish facility, are accredited to ISO/IEC 17025:2017 for specific analytical procedures. The Firefox QA/QC program consists of insertion of certificated standard material and blanks inserted by Firefox into the analytical batches did not show deviations from recommended values.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: +1-778-244-8439

Forward Looking Statements

SODANKYLÄ, FINLAND – (February 22, 2024) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) announces the completion of another drilling campaign at the Company’s 100%-held Mustajärvi Gold Project in Lapland, Finland. The program included six drill holes totalling 1,617.5 metres, focused on testing for extensions to depth of the near-surface high-grade gold zone at the East Target. Core logging identified several intervals of quartz-carbonate-tourmaline-pyrite veins cutting through all lithologies, as well as intensely altered sections of intermediate tuffites and gabbro. FireFox expects to report the analytical results by early March.

FireFox is also pleased to report results from recent surface sampling at the Saittavaara prospect, which is part of the large 100%-controlled Jeesiö Project. The field team identified and sampled a new area of gold mineralization situated a few hundred metres west from where reconnaissance drilling in 2021 hit gold in two holes, including a near-surface interval of 4.0m averaging 2.03 g/t Au. The gold in this new area occurs in highly deformed and altered metasedimentary rocks (quartzites). The highest gold values from this sampling included 6.28 g/t Au, 5.04 g/t Au and 4.07 g/t Au (See Figure 1).

Finally, the Company reports that it has secured exploration permits for three more of its tenement blocks covering approximately 22km² (see Figure 2). These permits are strategically located proximal to important gold-hosting geologic units and structures. The Company has completed reconnaissance work in these areas and believes they all warrant more detailed exploration. The new permits allow for mechanized work including base of till sampling and drilling.

Carl Lofberg, CEO, commented “We are pleased to be kicking off 2024 with first quarter drill results from our Mustajärvi Project, encouraging new rock sampling results from the Jeesiö Project, and significant new exploration permits in the very active Central Lapland Greenstone Belt. We are excited to see the new drill results from Mustajärvi in the next couple of weeks. And our exploration pipeline remains full, even after optioning our Kolho Property to Agnico Eagle in December.”

Jeesiö Project Program Details

The 100%-controlled Jeesiö Project covers approximately 74.6 km² along the Sirkka Shear Zone, a trans-crustal structure that controls the emplacement of numerous orogenic gold deposits in Lapland. The main Jeesiö targets include the Utsamo and Kataja Belt areas. From south to north, the Kataja Belt consists of three gold prospects: Saittavaara, Katajavaara South (KJ South) and Katajavaara Hill (KJ Hill). The prospects span more than 4 kilometres, apparently related to en echelon northerly striking younger (“D3” or “D4”) structures. The high-resolution airborne magnetics data reveal multiple generations of folding and faulting across the southern part of the property. Younger asymmetric folding west of the Kataja Belt shows evidence of disruption by right-lateral shearing broadly parallel with northeast trending axial planes. These shears appear to be associated with the gold showings in the Kataja Belt.

During the summer and fall of 2023 the Company performed detailed bedrock and boulder mapping and sampling at the Saittavaara prospect in an attempt to extend the Kataja Belt farther west (see Figure 1). The mapping identified new areas of outcrop where strongly deformed and locally weathered sericitic quartzite often contains oxidized pyrite and is sometimes cut by quartz veining. The new occurrence is situated approximately 400 metres west of previously reported drill holes that encountered near-surface gold mineralization (see Company news release dated August 3, 2021). In total, the team collected 28 samples from the Saittavaara area of which 13 samples exceeded 0.1 g/t and five exceeded 1.5 g/t gold. The highest-grade samples contained 6.28 g/t, 5.04 g/t, and 4.07 g/t gold, respectively.

Figure 1. Kataja Belt Gold Targets (Jeesiö Project) near Sodankylä, Finland

In addition to bedrock and boulder mapping, FireFox extended the Katajavaara area ground magnetic survey towards the north, focusing on the KJ Hill prospect, where highly anomalous gold values were previously detected during trenching and bedrock sampling (see Company news release dated January 25, 2023).

The FireFox technical team has now delineated four clusters of gold anomalies with very limited drilling along a corridor of approximately four kilometres, stretching from KJ Hill in the north to the new anomalies in the southwest (termed the Kataja Belt). These gold anomalies are hosted in a range of rock types from metasediments to gabbros and metavolcanics. The rocks are strongly deformed due to intense folding and faulting in the area, and the new magnetic data is expected to improve understanding of the structural and lithological settings that are likely to host the gold along the Kataja Belt.

New Exploration Permits

The Finnish Safety and Chemicals Agency (TUKES) has granted three new exploration permits called Pikkulehto, Nunara and Palvasenvuoma, which together cover nearly 22km² of Finland’s Central Lapland Greenstone Belt (CLGB). In Finland, the exploration permit allows for mechanized exploration including base of till sampling and drilling (Figure 2).

The Pikkulehto exploration permit area (ML2022:0001-01) is located less than 4 km east of the main Mustajärvi permit and covers roughly 3.2 km². It will be managed together with the Mustajärvi project. The new permit is situated adjacent to a major geological structure, the Venejoki shear zone, and close to the interpreted contact between the Sodankylä and Savukoski Group rocks. Based on the current understanding, the bedrock geology includes quartz-rich metasedimentary rocks, gabbros and mafic volcanic rocks, while graphitic schists and cherts of the Savukoski Group lie less than one kilometer to the NW from the permit. Two historic gold occurrences, Pikku-Mustavaara and Tuongankuusikko, are located within approximately a 1 km radius from the permit boundaries. The Geological Survey of Finland (GTK) and Outokumpu conducted limited exploration within the permit area, including only four drill holes with depths less than 20 metres, and minimal surface sampling (only 18 till samples). Under the previous exploration permit application, the Company conducted limited bedrock and boulder mapping within the Pikkulehto area, yielding one anomalous gold value with of 0.427 g/t from a boulder that was intensively albitized and enriched in pyrite.

The Nunara exploration permit (ML2021:0002-01) covers an area of almost 9 km² and is situated almost ten kilometers north of the Mustajärvi Project. The permit lies very near the interpreted trace of the Sirkka Shear Zone, which roughly tracks along the northern permit boundary of Nunara. Geologically, the area is interpreted as the contact zone between the Kittilä Suite mafic volcanic rocks and Savukoski Group ultramafic volcanic rocks, while isolated outcrops of the younger Kumpu Group quartzites pop out in the area as topographic highs. There are several historic gold occurrences nearby, the closest being Kittilän Palovaara (less than 4 kilometers to the west) and Outapää (3 kilometers to the east). The Company is not aware of any previous drilling within the permit area, and only minor till sampling was previously reported by the GTK (a few tens of samples along one north-south trending line).

The third newly granted exploration permit covers a portion of the Company’s Manto Project. Palvasenvuoma (ML2022:0085-01) is located roughly 10 kilometers southwest of the Kittilä gold mine (operated by Agnico Eagle Mines Ltd.) and covers an area of 9.5 km². According to current understanding the

Figure 2. FireFox Northern CLGB Properties with New Exploration Permits Outlined in Black

bedrock consists of Kittilä Suite mafic volcanic rocks and mafic graphitic tuffs, with similarities to the geology of the Kittilä gold mine. GTK completed an exploration campaign in the area between 2002 and 2005. This included a base of till (BOT) sampling program over approximately 5km², including 546 samples in a 100-metre spaced grid. The GTK reported that one of the till samples assayed 11 g/t Au. In addition to BOT sampling, GTK also performed some geophysical surveys and bedrock drilling, including 32 shallow drill holes. The drilling campaign totaled 1,570.6 metres where the deepest drill holes reached 68 metres. The geophysical surveys identified a possible NNE-SSW-trending shear zone, which resembles the Kiistala Shear Zone (host to the Kittilä Mine).

Methodology & Quality Assurance

Rock chip samples reported in this news release were collected by FireFox geologists, who transported the samples to the Company’s secure facility in Sodankylä. After documentation and insertion of quality assurance samples, the rock samples were delivered to an ALS sample prep lab in Sodankylä. The samples were then crushed to -2 mm, split and pulverized into 1kg pulps, before being shipped to the ALS facility in Rosia Montana, Romania for gold by fire assay of 50 gm aliquots with AAS finish (method Au-AA24). Other elements, altogether 48, were measured after four-acid digestion by ICP-AES and ICP-MS (method ME-MS61) at the ALS facility located in Loughrea, Ireland.

ALS Laboratories is a leading international provider of assay and analytical data to the mining industry. All ALS geochemical hub laboratories, including the Irish facility, are accredited to ISO/IEC 17025:2017 for specific analytical procedures. The FireFox QA/QC program, which consists of blind insertion of certificated standard material and blanks into the analytical batches, did not show deviations from recommended values.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: +1-778-244-8439

Forward Looking Statements

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO .S. WERE SERVICES

Vancouver, British Columbia – December 20, 2023 – FireFox Gold Corp. (TSX.V: FFOX; OTCQB: FFOXF) (“FireFox” or the “Company”) today announced that it closed a non-brokered private placement of 22,507,840 units of the Company (“Units”) at a purchase price of $0.075 per Unit, for total gross proceeds of $1,688,088 (the “Private Placement”). Concurrent with the Private Placement, FireFox, together with its wholly-owned subsidiary FireFox Gold Oy, entered into an earn-in agreement (the “Earn-in Agreement”), pursuant to which FireFox Gold Oy granted a subsidiary of Agnico Eagle Mines Limited (“Agnico”) the right to earn an interest in the Kolho properties located in northern Finland (the “Kolho Property”).

Patrick Highsmith, Chairman of FireFox commented on the transactions, “We are excited to form this alliance with Agnico Eagle. Not only does the strategic investment recognize the potential of our more advanced projects, such as Mustajärvi, but the option agreement also demonstrates the geological potential of our Kolho Property. We are proud to add Agnico Eagle to our roster of strong shareholders as the strategic backbone for our future growth through discovery.”

Carl Löfberg, CEO of FireFox added, “Our company was the first junior gold explorer built around a Finland-based CEO and Finland-based exploration management. Now we are part of a growing community of local and international mining professionals in Finland, and we find ourselves working closely with Europe’s largest gold miner. We look forward to working with the Agnico Eagle team at the Kolho Property.”

Private Placement

Pursuant to the Private Placement, the Company issued 19,010,000 Units to Agnico at a purchase price of $0.075 per Unit, for gross proceeds of $1,425,750. Each Unit is comprised of one common share of the Company (“Common Share”) and one common share purchase warrant (“Warrant”), with each Warrant being exercisable to acquire one Common Share (a “Warrant Share”) at an exercise price of $0.10 per Warrant Share for a term of five years following the closing of the Private Placement, subject to adjustment and an acceleration of the expiry date upon the occurrence of certain events. The proceeds of the Private Placement will be used for drilling and exploration expenditures on FireFox’s Mustajärvi project, other exploration investment on the Company’s projects in Lapland, and general working capital.

On closing of the Private Placement, Agnico will own 19,010,000 Common Shares and 19,010,000 Warrants, representing approximately 10.9% of the issued and outstanding Common Shares on a non-diluted basis and 19.6% of the Common Shares on a partially-diluted basis.

In connection with the Private Placement, FireFox entered into an investor rights agreement with Agnico (the “Investor Rights Agreement”). Pursuant to the Investor Rights Agreement, Agnico is entitled to certain rights, provided Agnico maintains certain ownership thresholds in FireFox, including: (i) the right to participate in equity financings and top-up its holdings in relation to dilutive issuances in order to maintain its pro rata ownership interest in FireFox at the time of such financing or acquire up to a 19.99% ownership interest, on a partially diluted basis, in FireFox; and (ii) the right to nominate one person to the board of directors of FireFox. Agnico has not elected to exercise this right as of the closing of the Private Placement.

Crescat Portfolio Management LLC (“Crescat”) exercised its participation right and subscribed for 3,497,840 Units on the same terms as Agnico for additional gross proceeds of $262,388. Upon closing, Crescat will own 31,188,969 Common Shares and 8,050,678 Warrants, representing approximately 17.8% of the issued and outstanding Common Shares on a non-diluted basis and 21.5% of the Common Shares on a partially-diluted basis. Crescat has agreed to restrict the exercise of any Warrants if to do so would result in Crescat owning or controlling 20% or more of the then issued and outstanding Common Shares of the Company (calculated on a non-diluted basis), provided that Crescat may exercise all of its Warrants in certain circumstances (including for the purpose of participating in a take over bid, arrangement, amalgamation or similar transaction, or change in control of the Company), subject to compliance with applicable securities laws including obtaining prior requisite disinterested shareholder and TSX Venture Exchange (“TSXV”) approvals.

The participation of Crescat in the Private Placement constitutes a “related party transaction” within the meaning of Multilateral Instrument 61- 101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”) and TSXV Policy 5.9 -- Protection of Minority Security Holders in Special Transactions. In connection with his related party transaction, the Company is relying on the formal valuation and minority approval exemptions of 5.5(a) and 5.7(1)(a) of MI 61-101, respectively, as the fair market value of the portion of the Private Placement subscribed for by Crescat does not exceed 25 percent of the Company’s market capitalization.

The Common Shares and Warrants issued in connection with the Private Placement and the Warrant Shares underlying the Warrants are subject to a statutory hold period of four months plus one day from the date of completion of the Private Placement, in accordance with applicable securities legislation.

Option Agreement

The Kolho Property is a group of exploration permit applications and one exploration permit (Nuttio) that occupies a prospective structural corridor northeast of Rupert Resources’ Ikkari discovery and FireFox’s Sarvi property (see Figure 1 below). The Kolho Property covers more than 120 km², and FireFox has completed detailed airborne magnetic surveys and limited reconnaissance mapping and sampling in the area.

Pursuant to the terms of the Earn-in Agreement, FireFox granted Agnico an exclusive right to earn a 51% interest in the Kolho Property by incurring exploration expenditures totaling US$5,000,000 before the fifth anniversary of entering into the Earn-in Agreement (the “Earn-in Grant Date”), of which US$2,000,000 will be a committed amount required to be spent on or prior to the third anniversary of the date that certain permits are granted in respect of the Kolho Property.

Upon Agnico earning a 51% interest in the Kolho Property, Agnico and FireFox will enter into a joint venture agreement (the “JV Agreement”), pursuant to which, Agnico will become the operator of the venture and be entitled to a 5% management fee. Under the JV Agreement, Agnico will be granted the right to acquire an additional 24% interest in the Kolho Property by incurring additional exploration expenditures totaling US$7,500,000 before the eighth anniversary of the Earn-in Grant Date. A portion of the Kolho Property is subject to an existing 1.5% net smelter return royalty.

Neither the Earn-in Agreement nor the Private Placement affect any of FireFox’s other mineral rights in Lapland. The Company maintains 100% control of its Mustajärvi Project, as well as the Jeesiö and Sarvi properties where earlier stage exploration targets are being advanced.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR+ website at www.sedarplus.ca and the Company’s website at www.firefoxgold.com.

Figure 1: Location of Kolho Property.

About FireFox Gold Corp.

FireFox Gold Corp. is listed on the TSX Venture Stock Exchange under the ticker symbol FFOX. FireFox also trades on the OTCQB Venture Market Exchange in the US under the ticker symbol FFOXF. The Company has been exploring for gold in Finland since 2017 where it holds a large portfolio of prospective ground.

Forward-Looking Information

Certain statements and information herein, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to: the terms and conditions of the JV Agreement; anticipated payments under the Earn-in Agreement and JV Agreement, including any advancement on the Kolho Property; the terms and conditions of the Private Placement; anticipated use of net proceeds from the Private Placement, including any advancement on the Mustajärvi project; and Crescat’s exercise of all of its Warrants and the Company obtaining requisite disinterest shareholder and TSXV approvals in connection therewith. Often, but not always, forward-looking statements or information can be identified by the use of words such as “estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. With respect to forward-looking statements and information contained herein, FireFox has made numerous assumptions including among other things, assumptions about general business and economic conditions. The foregoing list of assumptions is not exhaustive.

Although management of FireFox believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These factors include, but are not limited to: risks relating to FireFox’s financing efforts; risks associated with the business of FireFox; business and economic conditions in the industry generally; the supply and demand for labour and other project inputs; changes in commodity prices; changes in interest and currency exchange rates; risks relating to inaccurate geological and engineering assumptions (including with respect to the tonnage, grade and recoverability of reserves and resources); risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters); risks relating to adverse weather conditions; political risk and social unrest; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting mining concessions); and other risk factors as detailed from time to time. FireFox does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

For more information, please contact:

FireFox Gold Corp.

Carl Löfberg

Chief Executive Officer

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: +1-778-938-1994

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of the content of this release.

Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities Laws.

THE SECURITIES OFFERED HAVE NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS. THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THE SECURITIES IN ANY STATE IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO .S. WERE SERVICES

VANCOUVER, BC – (September 11, 2023) – FireFox Gold Corp. (TSX.V: FFOX) (OTCQB: FFOXF) (“FireFox” or the “Company”) announces, effective today that, subject to regulatory acceptance, it has completed the first tranche of the non-brokered private placement (the “Private Placement”) announced on August 8, 2023. The Company intends to complete a second tranche of the Private Placement before September 28, 2023.

In this first tranche, the Company has raised total gross proceeds of $323,499 by issuing 4,621,414 units of the Company at a purchase price of $0.07 per unit. Each unit consists of one common share of the Company and one common share purchase warrant, with each whole warrant being exercisable to acquire one additional common share of the Company at an exercise price of $0.10 per share for a term of two years from the date of issuance. The shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation.

The Company intends to use the proceeds of the Private Placement for general corporate purposes, working capital and exploration activities on FireFox’s gold exploration properties in Finland.

FireFox will pay qualified finders $840 in cash finder’s fees and will issue 12,000 finders warrants exercisable at $0.10 for 2 years from the date of issuance in association with the first tranche of the Private Placement.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-938-1994

Forward Looking Statements

The information herein contains forward-looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include changes in world commodity markets, equity markets, the extent of work stoppage and economic impacts that may result from the COVID 19 virus, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry.

Forward-looking statements in this release may include statements regarding: the expected total financing amounts, terms, and timeframe; and the current and future work program, including the extent and nature of exploration to be conducted in 2023. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO .S. WERE SERVICES

VANCOUVER, BRITISH COLUMBIA – (August 8, 2023) – FireFox Gold Corp. (TSX.V: FFOX) (OTCQB: FFOXF)(“FireFox” or the “Company”) announces that it intends to raise up to $1,400,000 by way of a non-brokered private placement (the “Private Placement”). The Private Placement will consist of up to 20,000,000 units of the Company (“Units”) at a price of $0.07per Unit. Each Unit will consist of one common share of the Company ("Common Share") and one common share purchase warrant ("Warrant"), with each whole Warrant being exercisable to acquire one common share of the Company (a “Warrant Share”) at an exercise price of $0.10 per Warrant Share for a term of two years following the closing of the Offering.

It is anticipated that the proceeds of the Private Placement will be used for the upcoming drilling program on FireFox’s Mustajärvi project, general working capital, and other exploration activities on the Company’s other gold exploration properties in Finland. Prior to this financing, FireFox had 147.8 million shares outstanding, 38.3 million warrants outstanding, and 11.3 million stock options issued.

The Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. The Company anticipates that the Private Placement will close on or about August 25, 2023. The Company expects to pay finder’s fees in association with this financing.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com

On behalf of the Board of Directors,

“Carl Löfberg” Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: +1-778-938-1994

Forward Looking Statements

SODANKYLÄ, FINLAND – (July 27, 2023) – FireFox Gold Corp. (TSX.V: FFOX) (OTCQB: FFOXF) (“FireFox” or the “Company”) is pleased to report the results from the final four holes of the spring 2023 core drilling campaign at the Company’s 100%-held Mustajärvi Gold Project in Lapland, Finland. Drill holes 23MJ005, 23MJ007, 23MJ008 and 23MJ009 at the East Target all encountered significant intervals of gold mineralization (Figure 1). Most encouraging were the holes to the southwest of the previous high-grade zone, which highlight the potential for significant expansion of the East Target in this direction. Company geologists also conducted a limited test trenching campaign over the surface expression of the East Target. The first trench revealed bonanza grade gold mineralization including 6.87 metres that averaged 59.12 g/t Au on the basis of uncut results from 1-kilogram screen fire assays (Figure 3 and Table 3).

Drill hole 23MJ005 hit strong mineralization in an 80-metre step-out to the southwest from the previously drilled western-most high-grade hole. Results include:

4.20m averaging 5.74 g/t Au from 60.8 metres down hole, and
7.05m average 4.77 g/t Au from 68.0 metres down hole,
- including 1.0 metre at 20.8 g/t Au.

Drill hole 23MJ008 was a further 135-metre step-out to the southwest, for a total of approximately 215 metres step-out from the previous high-grade area. The hole included multiple intervals of significant gold from near surface to 180 metres depth, confirming the potential for expansion of the target in this direction. Results include:

2.0 m averaging 4.75 g/t Au from 29.0 metres down hole;
- including 0.8 m at 11.1 g/t Au; and
7.0 m averaging 1.77 g/t Au from 112.0 metres down hole; and
1.0 m at 0.61 g/t Au from 180 metres down hole.

Drilled in the opposite orientation, drill hole 23MJ009 confirmed the continuity of the southwestern step-out between 23MJ005 and the historic high-grade holes, with multiple gold intervals between 75 and 156 metres down hole. Highlights of the results include:

5.55 m averaging at 4.45 g/t Au from 75.55 metres down hole;

Carl Lofberg, FireFox’s CEO, commented about the new results, “We are very pleased with these exciting step-out drill holes from the high-grade East Target. New mineralization amid thick zones of alteration located more than 200 metres southwest from previous drilling is a significant indication of the expansion potential of Mustajärvi. The East Target remains open to the south, southwest, and northeast. It is also exciting that our first attempt to trench into the system from surface has revealed such high grades beneath only a few metres of glacial overburden. This trenching exercise improves

our understanding of the shallow gold shape, its orientation, and the controls on bonanza grade. We are very much looking forward to bringing the drill back to Mustajärvi in August.”

Two trenches were excavated through the glacial overburden into weathered bedrock. The purposes of the test trenching were to evaluate conditions for possible additional trenching, gather structural information about foliation, veining, and faulting, and to sample the newly exposed bedrock. The team collected diamond saw channel samples from both trenches. Trench 1 included approximately 10.0m of contiguous gold mineralization, including individual uncut values of 256 g/t Au, 72.5 g/t Au, 52.8 g/t Au, and 45.02 g/t Au (see Figure 3 and Table 3 for additional details). During the sampling, geologists reported the presence of considerable coarse gold, so all samples were analysed by screen fire assay. Trench 2, located north of the main gold system, contained much lower gold grades, but it provided useful structural measurements and data points for the geological model.

Discussion of Drill Results

The Mustajärvi Project lies along the highway between the cities of Kittilä and Sodankylä, approximately 17 kilometres east of Kittilä. The project remains at an early stage as FireFox and predecessor companies have drilled approximately 14,158 metres to date, and drilling has delineated three different lodes of gold mineralization along more than 1.5 kilometres of strike so far. Due to its near-surface high-grade nature, the Company has been focusing most recently on the East Target. Figure 1 shows the most recent drill holes at the East Target in relation to previous drilling and ground magnetics data.

As reported in the June 14, 2023 news release, the spring 2023 drilling program at Mustajärvi was focused on filling some gaps in the drilling and testing for extensions to the south, west, and southwest. These first four holes from that program have improved confidence in the high-grade core of the East Target and established control of an important fault on the south side of the target, which has been confirmed as mineralized (see FireFox news release dated July 18, 2023).

Drill hole 23MJ005 was designed to test the low magnetic - high chargeability corridor interpreted as trending southwest from the East Target. The drill hole was collared approximately 80 metres southwest from the western limits of the previously defined high-grade mineralization at the East Target, as defined by drill hole 22MJ022 and reported in the FireFox news release dated January 18, 2023. Hole 23MJ005 was drilled at a 325° azimuth with a plunge of 60° to intersect the target corridor at a favorable angle.

The hole entered altered metasediments starting below glacial sediments at a depth of 8.7 metres, and it passed through thin sections of mafic volcanics and gabbro. The main mineralized zone was intersected within an altered sequence of intermediate tuffites, sometimes interbedded with less altered mafic volcanic rocks, from 60.80 to 75.05 metres. This interval included two separate gold mineralized intervals, 4.20m of 5.74 g/t and 7.05m of 4.77 g/t, including several higher-grade intervals and a maximum assay of 20.77g/t Au, as shown in Table 1.

The mineralized interval is pervasively albitized and silicified with weaker development of sericite; and it exhibits a well-developed foliation that is nearly perpendicular to the core axis. The richest gold zones are cut by quartz-carbonate± tourmaline+pyrite veins (QCTP) that are often accompanied by patchy, semi-massive and coarse-grained pyrite. The mineralized veins are at variable angles to the foliation and the core axis but are often nearly parallel to the core axis over short intervals. Since

Figure 1 - Mustajärvi Location Map with Recent Drilling over Ground Magnetics

this drill hole is well away from any previous drilling it is difficult to confirm the orientation of the controlling structure in this area, but it appears to conform with the NE-SW striking major fault zone.

Moderate to strong alteration continues to 115 metres depth, including veins, breccias, and noteworthy gangue minerals. The mineral molybdenite is reported at 92 metres depth associated with quartz veining and an anomalous gold assay of 0.234 g/t. Multielement assays, including molybdenum, are pending.

This drill hole confirms the continuation of the shallow high-grade gold mineralization at Mustajärvi East for at least 80 metres. The strong gold intercepts and intense alteration fall directly in the geophysical target corridor predicted by the IP and magnetics survey. There is lots of room to expand these intercepts to the southeast and southwest along the projected structures that mark the Mustajärvi fault zone.

Drill holes 23MJ006 and 23MJ007 were designed to test for a northern extension of the structural jog and the gold mineralized R' veins intersected by holes 22MJ023 and 22MJ024 during the 2022 drilling campaign (see FireFox news releases dated January 18, 2023 and February 15, 2023). Drill hole 23MJ006 collapsed at a depth of 32 metres down hole and was therefore twinned by hole 23MJ007, collared 2 metres from the original site. The completed hole intersected mafic volcanic rocks (and dykes?) starting beneath the glacial sediments at 5.75 metres depth and passing into dominantly metasedimentary lithologies comprised of intermediate tuffites (with pyrite mineralized veins) and lesser mafic volcanic rocks (usually barren) at approximately 40 metres depth.

The rock is generally less altered this far north from the main system, but there remains widespread albite alteration with lesser silica and pyrite in the tuffites. The dominant foliation in the hole is nearly perpendicular to the core axis, while veins are evident both perpendicular and parallel to core axis. The hole intercepted 3.7 metres averaging 3.17 g/t Au from 52.0 metres depth, including 0.7 m at 4.8 g/t Au. The gold appears to be correlated with patchy and coarse-grained pyrite hosted in QCTP veins that are dominantly parallel to foliation. The host rock in this interval is strongly albitized, intensely brittle fractured intermediate tuffites. At greater depths in the hole, the gold seems to be associated with narrow veins at multiple orientations, but the alteration continues to be extensive.

Drill hole 23MJ008 was planned after the initial logging of hole 23MJ005, including the visual observation of pyrite mineralization. This drill hole was a major step-out of over 215 metres to the southwest within the “low magnetic - high chargeability corridor” from the high-grade gold zone at the East target, a further 135 metres southwest from the collar of 23MJ005. The hole also tested another interpreted structural jog along the Mustajärvi Fault Zone. Drill hole 23MJ008 was successful at intercepting multiple gold-mineralized QCTP veins, as well as clear evidence of the continuation of the alteration system into an untested area between the Northeast Target and the East Target (See Figure 2 – Long Section). The hole yielded 11 samples mineralized above the cut-off grade of 0.5 g/t gold within a very broad untested structural corridor.

Figure 2 – Long Section of Mustajärvi Fault Zone and Drill Indicated Gold Lodes

Once again, the upper portion of the hole (to approximately 26m downhole) is dominated by mafic intrusive rocks (gabbro). The drill cut 7.75 metres of glacial overburden before passing into the strongly altered and sheared mafic intrusive rocks. At 25.9 metres down hole, the gabbro gives way to pervasively albitized intermediate tuffite metasediments, which exhibit variably abundant QCTP veining. The dominant foliation is perpendicular to the core axis, but its fabric is often destroyed by albite-silica-sericite alteration. Disseminated pyrite is widespread in the hole, but clots and blebs also occur in veins (at a variety of angles to core axis) and replacing (?) foliation.

The first mineralized interval was encountered just below the contact with the metasediments at a depth of 29.0 metres down-hole, an interval of 2.0m averaging 4.75 g/t Au. The mineralization is

hosted by a series of QCTP vein with patchy pyrite. Another narrow, mineralized zone occurs at 82.5m down hole depth, returning 1.5 metres averaging 3.20 g/t Au. This gold zone is hosted in veins and vein breccias within highly fractured albitized and silicified intermediate tuffites. The pyrite occurs both as veins, stringers along foliation, and disseminations.

The main mineralized zone was intersected from a depth of 112.0 metres with 1.77 g/t Au over 7.0 metres, including 4.0 m averaging 2.79 g/t Au and one assay interval of 0.7 m at 11.67 g/t Au. Pyrite is associated with the gold, as is typical at Mustajärvi, occurring as clumps of coarse-grained pyrite and vein-controlled pyrite. This mineralized interval occurs just below a 22m thick interval of moderately altered gabbro. Mineralization within the gabbroic rocks is comprised of disseminated and quartz-carbonate vein hosted pyrite.

The intermediate tuffites are commonly crosscut by altered gabbroic dykes or sills. Molybdenite mineralization hosted in altered gabbro was observed at approximately 142 metres down hole. Molybdenite appears on fracture surfaces and as stringers related to quartz-carbonate veining. This type of molybdenite mineralization has not been observed at the Mustajärvi Project before. The molybdenite mineralization has been identified visually by the geologists on-site and has been routinely cross-checked using a hand-held pXRF device. Multielement assays, including molybdenum, are pending.

Drill hole 23MJ009 was designed to fill in between the East Target and the newly discovered mineralization in 23MJ005. It was collared approximately 100 metres towards NE from 23MJ005 and drilled with an azimuth of 145°, effectively in the opposite direction.

The hole initially hit altered intermediate tuffites, which were interrupted by altered mafic intrusive rocks of gabbroic composition, at approximately 21 metres down hole. Contact into the strongly altered intermediate tuffite that hosts mineralization was made at a depth of 52.8 metres down hole. The gabbros in this drill hole are variably but sometimes strongly altered and brecciated with disseminated and vein hosted pyrite and chalcopyrite mineralization.

Foliation is less evident in this hole than some, as it is often at a lower angle to the core axis, but folding is evident in the metasediments. Intense alteration commences below the gabbro where the tuffites are albitized and silicified over broad intervals, which often host QCTP veins and disseminated sulphides. The veins are chaotic in orientation and often brecciated, particularly when well mineralized.

The main mineralized zone was intersected starting from 75.55 metres depth and returned 5.55 metres averaging 4.45 g/t Au, including 1.1m at 15.27 g/t Au. This was followed by two narrow vein-controlled gold intervals of lower grade over the next few metres. This interval is comprised of patchy and semi-massive pyrite mineralization in strongly altered tuffites as well as QCTP veins. The alteration continues deeper in the hole, often fracture controlled and diminishing somewhat with depth, but gold-bearing QCTP veins reoccur between 146 and 158 metres depth.

Table 1: Significant Drill Intercepts in Drillholes 23MJ005 – 23MJ009

(Cut-off Grade 0.5 g/t Au)

Drill Hole		From (m)	To (m)	Interval (m)	Au Grade (g/t)
23MJ005		53.00	54.30	1.30	1.62
		60.80	65.00	4.20	5.74
	Including	64.10	65.00	0.9	13.80
		68.00	75.05	7.05	4.77
	Including	70.00	71.00	1.00	20.77
23MJ007		52.00	55.70	3.70	3.17
		86.10	86.80	0.70	0.73
23MJ008		29.00	31.00	2.00	4.75
		50.00	50.85	0.85	1.13
		82.50	84.00	1.50	3.20
		112.00	119.00	7.00	1.76
		125.60	126.70	1.10	0.92
		180.00	181.00	1.00	0.61
23MJ009		75.55	81.10	5.55	4.45
		85.00	86.00	1.00	1.17
		88.00	89.00	1.00	0.78
		146.00	147.00	1.00	0.61
		149.00	150.00	1.00	1.29
		156.00	158.00	2.00	1.36

Notes: Drilling is believed to be perpendicular to the dip of the mineralization, however true widths are not yet known and will be confirmed with additional drilling and geologic modelling. Au grades are uncapped.

Table 2: Mustajärvi Drilling 2023 Collar Information

(coordinates presented in EPSG:3067)

Drill Hole	Easting	Northing	Azimuth (°)	Plunge (°)	Final Depth (m)
23MJ005	429005	7500964	325	60	152.1
23MJ006	428990	7501053	60	50	32.1
23MJ007	428988	7501052	60	50	168.9
23MJ008	428927	7500851	340	60	194.4
23MJ009	428972	7501059	145	45	194

Test Trench Program Details

FireFox also completed two test trenches at the East Target to evaluate conditions for possible additional trenching, gather structural information about foliation, veining, and faulting, and to sample the surface exposure of the system. In order to minimize cost and environmental impact, the test was conducted in an easily accessible area with no forest cover. The trenches were excavated close to the location of the surface projection of shallow gold intersections from drill holes 23MJ001, 23MJ004 and 22MJ022 (see Figure 3).

Trench 1

Trench 1 was oriented NW-SE and exposed strongly weathered and altered bedrock below glacial sediments of varying depths, from 6.0m at the northern end to 7.5m at the southern end of the trench.

Summarizing the geology from north to south, the first 4.5 metres of the excavation exposed weathered intermediate tuffites with minor interbedded mafic volcanics. From 4.5 metres to the end of trench at 13 metres, the exposed bedrock is intensely altered and weathered intermediate tuffites, in which original textures are largely destroyed as it has been altered and weathered to orange-red clay. There are isolated relict quartz-tourmaline veins and veinlets, as well as cubic casts of abundant iron oxide after pyrite. Much of the red and orange colour is likely the result of oxidation of large amounts of pyrite, so the exposure may be called a gossan in places.

Figure 3. Mustajärvi East Target Exploration Trench Locations and Trench 1 Details

Channel sampling of Trench 1 returned high-grade mineralization in multiple contiguous samples as shown in Table 3, including 6.87 metres that averaged 59.12 g/t Au on an uncut basis. Individual bonanza grade samples in the interval include: 0.84m at 256 g/t Au, 0.77m at 72.5 g/t Au, 1.02m at 52.8 g/t, and 1.15m at 45.02 g/t Au. The high-grade gold mineralization is hosted in supergene clay material (altered and weathered bedrock) with relicts of quartz-tourmaline veins and minor veinlets. Locally, tourmaline comprises massive clots up to 20 cm in size. In addition, two chip samples were collected outside of the channel sampling, returning 25.9 g/t Au and 57.5 g/t Au.

The mineralization exposed in the trenches was thoroughly oxidized, and this supergene process may locally enrich gold grades relative to fresh rock. More work will be required to ascertain the degree (if any) of supergene enrichment. The same observation has been noted about high-grade gold in oxidized drill core from Mustajärvi.

FireFox geologists also collected some large samples for heavy mineral and gold separation work.

Trench 2

Due to the texture-destructive weathering encountered in Trench 1, a second trench was added to the program in search of fresher bedrock from which measurements could be taken on foliation, veins, and other structures. Based in part on mapping and observations of overburden thickness, Trench 2 was located approximately 20 metres to the northwest of Trench 1.

Trench 2 successfully exposed pristine bedrock with well-preserved structural features and common quartz-tourmaline-pyrite veinlets. Most of exposed veinlets were aligned either NE-SW (close to EW) or NW-SE. The exposed bedrock was composed primarily of weathered tuffites and other metasediments with lesser interbedded mafic volcanics.

While gold was highly anomalous in much of Trench 2, only one of the channel samples exceeded 0.5 g/t Au, that sample contained 2.92 g/t Au over 1.56m (Table 3). In addition, the team collected six rock chip samples from the trench, apart from the channel sampling, one of which contained 15 g/t Au.

Table 3. Channel Samples collected from the Trenches 1 and 2 – Gold by Screen Fire Assay

Trench	Type	Interval (m)	From (m)	To (m)	Sample Wt. (kg)	Au (g/t) (uncut)
Trench1	Overburden (no sample)	1.01	0.00	1.01	-	-
	Channel sample	1.01	1.01	2.02	3.2	0.09
	Channel sample	1.04	2.02	3.06	5.62	0.08
	Channel sample	0.87	3.06	3.93	3.63	0.47
	Channel sample	0.92	3.93	4.85	4.36	0.37
	Channel sample	1.28	4.85	6.13	4.11	0.18
	Channel sample	1.15	6.13	7.28	3.17	45.2
	Channel sample	0.77	7.28	8.05	4.58	72.5
	Channel sample	1.02	8.05	9.07	4.5	52.8
	Channel sample	0.99	9.07	10.06	4.09	4.33
	Channel sample	0.77	10.06	10.83	3.79	3.16
	Channel sample	0.84	10.83	11.67	4.6	256
	Channel sample	0.79	11.67	12.46	3.95	10.05
	Channel sample	0.54	12.46	13.00	4.52	27.4
Trench2	Overburden (no sample)	1.02	0.00	1.02	-	-
	Channel sample	1.15	1.02	2.17	2.45	0.11
	Channel sample	0.97	2.17	3.14	3.66	<0.05
	Channel sample	0.93	3.14	4.07	3.13	0.09
	Channel sample	0.85	4.07	4.92	1.74	0.14
	Channel sample	0.99	4.92	5.91	2.17	0.25
	Channel sample	1.56	5.91	7.47	4.3	2.92
	Channel sample	0.60	7.47	8.07	5.01	0.13
	Channel sample	1.05	8.07	9.12	2.29	0.31
	Channel sample	1.00	9.12	10.12	3.94	0.26
	Channel sample	1.23	10.12	11.36	4.52	0.05
	Channel sample	0.95	11.36	12.31	2.93	<0.05

Mustajärvi East in Three Dimensions

The new trenching information fits well with the evolving geological model and three-dimensional understanding of the East Target. There is a core zone of very high-grade gold that comes to surface and is elongated in NE-SW direction. This shape has an apparently gentle dip to the southwest. It has been tested with drilling in multiple directions because it hosts both replacement-style gold-pyrite mineralization controlled by foliation and high-angle QCTP veins at various orientations. Figure 4 is a preliminary cross section, oriented NW-SE and looking to the southwest.

Figure 4 - Preliminary Cross Section through East Target Looking SW (23MJ001 and 002).

There appear to be brittle faults that cut the Mustajärvi East deposit, and these are interpreted to be late (post-mineral). One significant fault strikes northeasterly and may cut off the surface deposit and downdrop part of the mineralization to the south. The geometry remains complex, but intercepts in holes 22MJ025 and 23MJ003 appear to have cut high grades that suggest more mineralization at depth in that direction. This relationship can be seen in multiple cross sections, but it is well expressed in Figure 5, another NW-SE preliminary cross section that includes 22MJ025 and 23MJ003.

Figure 5 – Preliminary Cross Section through East Target Looking SW (22MJ025 and 23MJ003).

Methodology & Quality Assurance

Drill core was transported from the rig to the Company´s core storage facility in Sodankylä, where FireFox’s exploration team conducted the geological and geotechnical logging and selected the assay intervals. Assay intervals were generally 1 metre but in some circumstances were modified according to lithological boundaries and other factors. FireFox geologists maintained chain of custody and sampling procedures according to best industry practice and with due attention to quality assurance and quality control, including sampling field duplicates and insertion of certified standard and blank samples.

FireFox team members transported drill core samples to an ALS sample prep lab in Sodankylä. The samples were sawed then crushed to -2 mm, split and pulverized into 1kg pulps, before being shipped to the ALS facility in Rosia Montana, Romania for gold by fire assay of 50 gm aliquots with AAS finish (method Au-AA24). All samples exceeding 10.0 g/t Au were re-assayed in triplicate by fire assay of 50 gm aliquots with a gravimetric finish (method Au-GRA22).

Trenches were channel sampled with a diamond saw for the entire exposure in order to extract large consistent samples while cutting primary structures and veins as close to true thickness as possible. Where the rock integrity was compromised by weathering and alteration, geologists collected the samples with hammer and chisel. FireFox team members transported samples to an ALS sample prep lab in Sodankylä. The samples were crushed to -2 mm and pulverized into 1kg pulps, before being shipped to the ALS facility in Rosia Montana, Romania for gold by screen fire assay (AU-SCR24).

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”

Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: +1-778-938-1994

Forward Looking Statements

targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2023. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (July 18, 2023) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to report the results from the first four holes of the spring 2023 core drilling campaign at the Company’s 100%-held Mustajärvi Gold Project in Lapland, Finland. Drill holes 23MJ001, 23MJ002, 23MJ003 and 23MJ004 at the East Target all encountered several significant intervals of gold mineralization and extended the mineralization to the northwest, southwest, southeast, and downdip. Each hole yielded assays above 10.0 g/t gold. Highlights of selected intervals are shown below, while Table 1 includes all significant intercepts:

23MJ001
- 11.95m averaging 9.69 g/t Au from 5.4 metres down hole (includes 0.3 metres of core loss);
  - including 0.75m at 94.50 g/t Au; and
- 5.35m averaging 8.09 g/t Au from 37.25 metres down hole;
  - including 0.85 m at 28.87 g/t Au.
23MJ002
- 7.35 m averaging 2.40 g/t Au from 60.0 metres down hole;
  - including 1.0 meter at 10.51 g/t Au; and
- 9.00 m averaging 1.06 g/ Au from 103.0 metres down hole.
23MJ003
- 9.50 m averaging 2.08 g/t Au from 155.5 metres down hole;
- 2.45 m averaging 15.22 g/t Au from 248.65 meters down hole;
  - including 1.45m at 24.16 g/t Au.
23MJ004
- 20.45 m averaging at 5.14 g/t Au from 12.0 metres down hole;
  - including 0.75 m at 23.92 g/t Au;
  - including 3.15 m at 13.69 g/t Au;
  - including 0.9 m at 20.83 g/t Au; and
- 14.8 m averaging 6.00 g/t Au from 54.0 metres down hole;
  - including 3.45 m at 19.43 g/t Au , which includes 1.55 m at 34.72 g/t Au.

Carl Lofberg, FireFox’s CEO, commented about the new results, “The drill results from Mustajärvi continue to reveal thicker replacement-style gold mineralization that is very near surface. These four holes have filled in some gaps in the heart of the East Target and confirmed an expansion of the system to the south with a 120m step out hole. These results also confirm the presence of at least two directions of controlling structures - the main lode has been confirmed as plunging to the southwest and deeper high-grade intercepts reinforce the importance of the northeast trending vein system. We have much more data on the way, as results from the final four holes of this drill program are still pending and our team has commenced a trenching program at Mustajärvi East.”

Firefox intends to release updated long and cross sections later in July, along with results from the final four drill holes in the spring 2023 drill program.

Discussion of Drill Results

The Mustajärvi Project lies along the highway between the cities of Kittilä and Sodankylä, approximately 17 kilometres east of Kittilä. The project remains at an early stage. FireFox and predecessor companies have drilled approximately 14,158 metres, and drilling has delineated three different lodes of gold mineralization along more than 1.5 kilometres of strike so far. Due to its near-surface high-grade nature, the Company has been focusing most recently on the East Target. Figure 1 shows the surface traces of the most recent drill holes and mineralization at the East Target in relation to those from previous drilling and ground magnetics data.

As reported in the June 14, 2023 news release, the spring 2023 drilling program at Mustajärvi was focused on filling some gaps in the drilling and testing for extensions to the south, west, and southwest. These first four holes from the program have improved confidence in the high-grade core of the East Target and established control of an important fault on the south side of the deposit, which has been confirmed as mineralized.

Figure 1 - Mustajärvi Location Map with Recent Drilling over Ground Magnetics

Drill holes 23MJ001 and 23MJ002 were drilled along a northwest-southeast fence in an opposing scissors fashion. The first hole was drilled at an azimuth of 320°, while the second drillhole was directed at 140°. Their drillhole traces parallel each other, approximately 15 metres apart. The holes were designed to test the western side of the shallow high-grade replacement style mineralization and probe for downdip extensions of the Riedel veins that often host high-grade gold. This orientation of drilling cuts perpendicular to the first order structures at Mustajärvi. In this part of the property, the Mustajärvi fault zone is represented by multiple splays that trend northeast, and this direction is an important control in both replacement-style and vein hosted mineralization.

In addition to infilling a gap in the geological model on the western side of the target, 23MJ001 tested for deeper vein-controlled mineralization north of the main lode. The hole was collared in thin glacial till sediments overlying strongly weathered intermediate tuffites. Just below the glacial sediments, the tuffites are pervasively albitized, sericitized and silicified, with fracture-controlled (secondary) kaolinite. The hole is dominantly hosted in the intermediate volcaniclastic sediments, but there are multiple mafic and ultramafic interbeds and possible dikes. Faulting is evident in the hole, sometimes associated with zones of high pyrite, and mylonite zones appear deeper in the hole. Pyrite, often oxidized, is abundant in the shallow portions of the hole, occurring as disseminations, patches and clots along foliations and fractures, and in veins. In the deeper portions of the hole, pyrite is most often associated with quartz-carbonate-tourmaline veins.

Gold mineralization starts immediately beneath the glacial cover at a depth of 5.4 m, where 23MJ001 cut an interval averaging 9.69 g/t Au over 11.95 m, including 37.24 g/t Au over 2.25 m. The narrower high-grade zones are usually associated with massive pyrite and faulting, but the longer interval exhibits clear evidence of gold accompanying the albite-silica-sericite-pyrite replacement. As is commonly seen at Mustajärvi, early albite appears to make the rock brittle and the gold mineralization enters later either with massive silica and pyrite or in crosscutting brittle veins. In these shallow intercepts, gold may be enriched by the process of oxidation, but this has yet to be confirmed as high-grades carry into primary sulphide-bearing intervals.

There is additional high-grade mineralization sporadically down hole to 51 m depth, with an additional wider zone starting at 37.25 m that averaged 8.09 g/t Au over 5.35m (See Figure 2 for a photo of the drill core). Numerous mylonite zones in the hole are mineralized, such as a 0.8m sample from 171m depth, which contained 1.23 g/t Au.

Drill hole 23MJ002 is the northernmost collar to date at the East Target. This hole was designed to undercut the near-surface replacement-style mineralization and test its western downdip continuation. The hole passed through a more monotonous sequence of intermediate tuffites, which is cut by numerous faults and veins, but mafic rocks were much less abundant than in 23MJ001. The hole encountered 21 individual mineralized samples above the cutoff grade of 0.5 g/t Au between 33.0 and 127.0 metres depth. From 60.0 m depth, there is a 7.35 m interval averaging 2.40 g/t Au, including 1.0 m at 10.51 g/t, which is associated with vein breccias and mylonite. There is also deeper lower-grade mineralization, as is commonly seen south of the heart of the system.

Drill hole 23MJ003 was collared across the highway more than 120 metres southeast of any previous drilling at the East Target. The hole was directed northwest at an azimuth of 320° towards deep mineralization previously intersected by drill hole 22MJ025 (see FireFox news release dated February 15, 2023), which returned 1.2 m at 8.75 g/t Au from 251 m depth and several intervals above 1.0 g/t Au. In addition, this hole tested the predicted contact between Savukoski group ultramafic rocks and Sodankylä group metasediments.

The contact between the ultramafic volcanics and the metasedimentary intermediate tuffites was successfully intersected at a depth of 152 metres. The ultramafic rocks near the contact are talc-carbonate-chlorite altered, locally with disseminated sulphides. The contact zone is strongly mylonitized and the rocks immediately beneath the contact are strongly altered, reflecting pervasive albite and fracture-controlled sericite-kaolinite. The footwall intermediate tuffites reflect regular interbeds of mafic and ultramafic volcanic rocks and several faults and mylonite zones. The hole intersected several mineralized intervals with weak disseminated pyrite mineralization associated with sericite-kaolinite.

While most of the intercepts in 23MJ003 are comparatively narrow, several of the significant drill intercepts are associated with albite-silica-sericite-pyrite replacement. Quartz-carbonate-tourmaline-pyrite veins and veinlets are also widespread in this drill hole. At 155.5 m depth, the hole intersected an interval of 9.50 m averaging 2.08 g/t Au, including 1.0 m at 8.63 g/t Au. Mineralization in this zone is hosted in albite-quartz-sericite alteration with local carbonate-tourmaline veinlets.

At approximately the same depth as previously drilled in the area, 22MJ003 confirmed a significant deep high-grade zone of gold mineralization. This interval was 2.45m averaging 15.22 g/t Au, including 1.45m at 24.16 g/t Au, from 248.65 metres deep. The high-grade zone is hosted in quartz-albite fault breccia (possible hydrothermal breccia) with disseminated pyrite mineralization and associated quartz-tourmaline and tourmaline veinlets (See Figure 3 for a photo of the drill core). In total, drill hole 23MJ003 intersected 14 individual mineralized intervals above the cutoff grade of 0.5 g/t Au.

Drill hole 23MJ004 was collared on the east side of the East Target, directed at an azimuth of 240° to evaluate the near-surface replacement zone and its continuation down plunge to the southwest. The southwest drill direction enables testing of the northwest oriented faults. The thickest and highest-grade gold zones at Mustajärvi East appear to be controlled by intersections of both prevailing structural directions. Figure 1 shows that this hole begins in the magnetic low known to host the near-surface high grade gold and plunges into a subtle magnetic low corridor to the southwest.

Immediately beneath a thin veneer of glacial sediments (5.7 metres downhole), the hole passed into intermediate tuffites, which are pervasively albitized and strongly oxidized. The volcaniclastic rocks continue to the bottom of the hole at 175.5m, but the sequence is cut by gabbro dikes and occasional interbeds of mafic tuffs. In total, this hole encompassed 41 individual samples that assayed above the cutoff grade of 0.5 g/t Au. Mineralization started at 12 m depth, where the hole intersected a near-surface pyrite mineralized zone, which returned 20.45m averaging 5.14 g/t Au. This interval included multiple short higher-grade intercepts, including 3.15m at 13.69 g/t Au, and 0.75 m at 23.92 g/t Au. The gold in this zone correlates with moderate to strong concentrations of pyrite that occur in several modes, including replacement-style on foliations and fractures, as well as stringers and veinlets. A photo of the drill core is linked as Figure 4.

Another high-grade zone was intercepted at 54.0 m depth, spanning an interval of 14.8m that averaged 6.00 g/t Au, including 3.45 m at 19.43 g/t Au. This interval is also dominated by replacement-style pyrite and pervasive silicification and variable sericite and kaolinite.

As shown in Table 1, several additional well-mineralized intervals were intercepted between 89m and 155m depth. Gold mineralization is consistently associated with pyrite, most often in quartz-carbonate-tourmaline-pyrite (QCTP) veins and veinlets cutting pervasively albitized intermediate tuffites. The silica-sericite-pyrite replacement zones with gold normally occur in the metasedimentary (tuffite) rock package. Pyrite also commonly forms individual massive stringers along brittle fractures.

It is noteworthy that drill hole 23MJ004 ends in mineralization. Just beneath a mylonite zone in ultramafic volcanic rocks, the rock becomes heavily veined and fractured. The drill was likely entering a fault zone, where recovery became difficult. The final sample was a veined and brecciated intermediate tuffite with pervasive albite and silica, bladed calcite, and traces of visible pyrite. The last 0.9m sample from 174.6 m depth assayed 4.25 g/t Au.

It is clear from these drill holes that the Mustajärvi East system persists to depth with numerous examples of QCTP veins and breccias containing more than 3.0 g/t gold having no follow-up drilling yet.

Table 1: Significant Drill Intercepts in Drillholes 23MJ001 – 23MJ004
Cutoff Grade 0.5 g/t Au

Drill Hole		From (m)	To (m)	Interval (m)	Au Grade (g/t)**
Drill Hole		From (m)	To (m)	Interval (m)	Au Grade (g/t)**
23MJ001		5.40	17.35	11.95*	9.69
	Including	5.40	7.00	1.60	15.93
	Including	11.00	17.35	6.35	14.02
	Which includes	15.90	16.65	0.75	94.50
		28.55	29.25	0.70	4.41
		30.80	31.80	1.00	1.05
		37.25	42.60	5.35	8.09
	Including	37.25	38.10	0.85	28.87
	Including	41.70	42.60	0.90	19.97
		50.00	51.00	1.00	3.59
		171.00	171.80	0.80	1.23
23MJ002		33.00	34.00	1.00	1.84
		38.00	41.00	3.00	0.56
		60.00	67.35	7.35	2.40
	Including	61.00	62.00	1.00	10.51
		70.00	71.00	1.00	3.67
		77.00	78.00	1.00	3.59
		96.00	98.00	2.00	0.76
		103.00	112.00	9.00	1.06
	Including	106.80	107.80	1.00	4.33
		114.00	115.00	1.00	0.76
		122.00	123.00	1.00	3.43
		127.00	128.00	1.00	0.59
23MJ003		155.50	165.00	9.50	2.08
	Including	158.50	159.50	1.00	8.63
	Including	164.00	165.00	1.00	6.60
		171.00	171.70	0.70	2.24
		203.60	204.60	1.00	1.27
		208.50	209.50	1.00	2.01
		211.60	212.60	1.00	1.72
		223.90	224.90	1.00	1.34
		248.65	251.10	2.45	15.22
	Including	248.65	250.10	1.45	24.16
		268.60	269.30	0.70	0.92
23MJ004		12.00	32.45	20.45	5.14
	Including	14.50	15.25	0.75	23.92
	Including	21.60	24.75	3.15	13.69
	Also includes	24.05	24.75	0.70	28.00
	Including	27.10	32.45	3.70	6.91
	Also includes	27.10	28.00	0.90	20.83
	Also includes	31.80	32.45	0.65	15.97
		45.60	50.00	4.40	0.79
		54.00	68.80	14.80	6.00
	Including	55.90	59.35	3.45	19.43
		57.80	59.35	1.55	34.72
	Including	65.50	66.20	0.70	12.83
		89.00	93.90	4.90	4.70
	including	91.50	93.90	2.40	8.83
		114.00	115.00	1.00	0.76
		123.20	126.70	3.50	0.98
		152.00	153.00	1.00	1.15
		171.00	171.95	0.95	2.46
		174.60	175.50	0.90	4.25
Drilling is believed to be perpendicular to the dip of the mineralization, however true widths are not yet known and will be confirmed with additional drilling and geologic modelling. * Intercept includes 0.3 m of core loss. The lost interval was assigned a grade of 0.0 g/t Au for all calculations. ** Au grades uncapped.

Table 2: Mustajärvi Drilling 2023 Collar Information

(coordinates presented in EPSG:3067)

Drill Hole	Easting	Northing	Azimuth (°)	Plunge (°)	Final Depth (m)
23MJ001	429085.4	7501026	320	60	188
23MJ002	429037.1	7501068	140	50	151.7
23MJ003	429214	7500912	320	60	284
23MJ004	429111	7501055	240	50	175.4

Methodology & Quality Assurance

Dr. Sven Hönig, Certified European Geologist (EFG EurGeol Title # 1789) and General Manager - Exploration of the Company, is a qualified person as defined by National Instrument 43-101. Dr. Hönig has supervised the field work reported herein and has helped to prepare and approves the technical information in this news release.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2023. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (June 29, 2023) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to report the results from its second reconnaissance diamond drilling campaign at its 100%-held Sarvi Gold Project in Lapland, Finland.

This drilling campaign included four drill holes, totalling 611 metres. These holes were designed to test a combination of geochemical anomalies (till and rock sampling) and structural/geological targets (See Figure 1). The drilling was not successful in identifying high-grade gold, but the drill holes did encounter quartz-carbonate (tourmaline) veining with sulphides, as well as sulphide-bearing carbonaceous sediments above a contact with mafic volcanic rocks.

FireFox’s CEO, Carl Löfberg, commented, “We are pleased that this program, despite having been cut short due to spring snow conditions, has provided significant information to advance our understanding of this high-priority property. We have identified attractive host lithologies and low levels of mineralization, while also confirming that more till sampling is essential to our drill targeting. We are now planning our winter till sampling program to continue our systematic exploration at Sarvi. In the meantime, the team is excited to focus on the upcoming drill results from our Mustajärvi project, where we are confident that we will continue to grow our high-grade East Target.”

Overall, these drill results were similar to the first phase of drilling in 2022 (see Company news release dated May 27, 2022). A few highlights from the drill hole analyses follow:

Weakly anomalous gold in two of the four holes, with no values above 0.100 g/t;
Widespread areas of anomalous copper, including narrow intercepts of 841, 652, and 605 ppm;
Anomalous multielement geochemistry in all holes, generally consistent with the till results:
- Elevated silver (Ag), arsenic (As) antimony (Sb), copper (Cu), bismuth (Bi), molybdenum (Mo), tellurium (Te), zinc (Zn), and other elements; and
Drill hole 23SA004 passed through a fault zone with polymetallic enrichment and weakly anomalous gold, including:
- 2.23 ppm Ag, 652 ppm Cu, 1,680 ppm Zn, and 0.044 g/t Au over 1.35m from 16.0m depth.

The most important finding from this phase of drilling is that the mudstones and black shales at Sarvi are likely the best hosts for gold, silver, and base metal mineralization. This is consistent with previous drilling on the property completed by the Geological Survey of Finland (GTK) in 2009. Assays from two historical holes located approximately 5km west of FireFox’s Phase 2 drill holes reportedly include 1.6 metres averaging 1.1 g/t Au from 26.4 metres depth (drill hole M371209R5) and 0.5 metres averaging 3.57 g/t Au from 69.5 metres depth (drill hole M371209R8). [This drilling was carried out by previous operators and has not been independently verified by the Company’s Qualified Person. Reported intervals are core lengths and true thickness has not been estimated at this time.] The FireFox team is reviewing the historical drill core from these holes. The preliminary interpretation is that these intercepts occur in similar metasedimentary rocks to those hosting low-grade gold, silver, and base metals elsewhere at Sarvi. This geological unit appears to extend across the Sarvi permits, creating target settings on which to focus future exploration where this metal rich stratigraphy is cut by late-stage faulting.

In the upcoming exploration season, FireFox intends to extend base-of-till (BoT) sampling into new areas and increase the sampling density with a focus on the metasedimentary rock package. Interpreted structures and/or magnetic anomalies that are believed to cut the black shales and mudstones will be the highest priority for more sampling and drilling.

Figure 1 – Sarvi Project: Drill Holes, BoT, and Rock Samples Over Geology

Project and Program Details

The Sarvi Project (“Sarvi”) is part of the Company’s large land package immediately north of Rupert Resources’ Area 1 Project (Ikkari Deposit). The project is centred on the Sarvi exploration permit and includes two additional exploration permits, Sarvi-2 to the north and Keulakko to the west, for a total permitted area of 21 km². The Sarvi permits cover a portion of the Kittilä Suite of volcanic rocks, which is cut by several interpreted faults. The project is at a very early stage; however, the geological understanding has been advanced through a compilation of detailed magnetics from both drone-based and ground surveys combined with almost 1,600 BoT samples and a total of 2938.8 metres of drilling. Much of the property is covered by glacial sediments, so outcrop is rare, but the technical team has identified a number of structures and lithologic contacts as targets based on detailed magnetics data.

Drill holes 23SA001 and 23SA002 were collared 42 metres apart and drilled in a south oriented drill fence. The holes tested a steep magnetic gradient that is coincident with a surface rock sample that yielded 1.47 g/t Au and 1.86% Cu (see Company news release dated August 24, 2021). These drill holes intersected mafic volcanic rocks including some evidence of shearing and folding with locally intense quartz-carbonate veining, including chalcopyrite, pyrite, tourmaline, and iron carbonate. Gold assays were all close to or below the detection limit, however, both holes returned multiple assays with elevated copper (>300pppm) including a high sample of 841ppm copper in 23SA002. This latter sample was accompanied by elevated cobalt (100.5ppm) and arsenic (105.5ppm).

Drill hole 23SA003 was collared approximately 1.4 kilometres southeast of 23SA001 and 23SA002. In this area, a magnetic high is apparently cut by late faulting and the BoT samples were anomalous in arsenic and copper. The drillhole was aimed to the south and passed through a thick section of mafic volcanic rocks. A two-metre interval starting at 132metres returned elevated copper with an average of 605ppm Cu.

Drill hole 23SA004 was located approximately 750 metres north from 23SA003. The target for this hole was a strong geochemical anomaly in the BoT sampling, including elevated silver, arsenic, bismuth, tellurium, and molybdenum. These elements are often enriched in Lapland gold systems. The hole intersected an interval of abundant pyrite in graphite-bearing mudstones and black shales above a gradational contact with the underlying volcanic rocks. The drill hole passes into mafic volcanic rocks (likely tholeiitic basalts) at approximately 91m downhole and continuing until final depth of 235 metres. Establishing the presence of this contact between the sulphide-bearing mudstones and the basalt is very useful for ongoing work at Sarvi.

Results from this hole correspond well with the BoT geochemistry, with anomalous gold and the associated pathfinder elements above the contact with the volcanics. There were multiple narrow intervals in the hole with elevated silver, copper, cobalt, zinc and other elements. The best interval occurred near surface at 16.0m depth: 1.35m containing 2.23 g/t Ag, 0.044 g/t Au, 652 ppm Cu, 121.5 ppm, and 1,680 ppm Zn.

Table 1. Sarvi Drill Collar Data (coordinates presented in EPSG:3067)

Drill Hole ID	Easting	Northing	Final Depth (m)	Azimuth (˚)	Plunge (˚)
23SA001	454494	7501662	109	180	-45
23SA002	454493	7501620	116	180	-45
23SA003	455749	7500934	151	180	-45
23SA004	455768	7501675	235	180	-45

Methodology & Quality Assurance

FireFox geologists selected individual intervals of drill core for analysis based on visible mineralization and/or alteration and/or structural deformation.

FireFox team members transported rock and core samples to an ALS sample prep lab in Sodankylä. The samples were then crushed to -2 mm, split and pulverized into 1kg pulps, before being shipped to the ALS facility in Rosia Montana, Romania for gold by fire assay of 50 gm aliquots with AAS finish (method Au-AA24). Multielement results are normally reported from ALS – Ireland from a four-acid digestion followed by ICP-AES analyses (method ME-ICP61).

ALS Laboratories is a leading international provider of assay and analytical data to the mining industry. All ALS geochemical hub laboratories, including the Irish facility, are accredited to ISO/IEC 17025:2017 for specific analytical procedures. The Firefox QA/QC program consists of insertion of blind certificated standard material and blanks into the analytical batches, and results reported here did not show deviations from recommended values.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2023. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (June 14, 2023) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to announce that it has completed a drilling program at the newly discovered high-grade zone in the East Target of the Mustajärvi Project. The Company drilled nine (9) diamond core holes totalling 1540.6 metres during the short spring 2023 program. These drill holes were designed to infill gaps in the modelled near-surface gold shapes and test for significant extensions to the west and southwest (see Figure 1). The new holes included close offsets and downdip tests of the replacement style gold mineralization drilled in the East Target, but the drilling also included major step-outs of 80m and 220m along strike to the southwest. Assays of the drill core are in progress.

The Company has also received multielement geochemical analyses on the drill core from the fall 2022 drilling campaign. The most recent data are consistent with previous results from Mustajärvi drilling; the gold mineralization is consistently enriched in bismuth (Bi), tellurium (Te), molybdenum (Mo), selenium (Se), nickel (Ni), and cobalt (Co). Silver (Ag), arsenic (As), and copper (Cu) occur at relatively low levels at Mustajärvi. Cobalt is quite enriched at the East target, reaching maximum values of 0.497% and 0.461% over separate 1 metre samples in the 2022 drilling. Drill hole 22MJ021 recorded the strongest cobalt interval yet drilled, along with one of the best gold results as well (see Company news release dated January 18, 2023):

22MJ021: 15.5m at 13.09 g/t Au, 0.15% Co, and 143 ppm Te from 11.0m depth, including
- 6.5m at 19.18 g/t Au, 0.27% Co, and 247 ppm Te from 20.0m depth.

FireFox’s CEO, Carl Löfberg, commented about the drilling at Mustajärvi, “This drill program is meant to reveal the potential scale of the gold system we have been drilling at Mustajärvi. The combination of careful structural measurements and detailed interpretation of geophysics directed the team to focus the step-out drilling along a northeast-southwest corridor. Our preliminary impressions are that the new drilling has been successful in extending the mineralized corridor to the southwest. The elevated cobalt that is associated with the gold is a recurring theme at Mustajärvi. While we know the cobalt occurs in pyrite, which is also correlated with the gold, there remains a lot of work to understand whether the cobalt could be economically recovered. We look forward to the receipt of the gold and multielement assays from this latest round of drilling.”

Mustajärvi Project and Drill Program Details

The Mustajärvi Project lies along the highway between the cities of Kittilä and Sodankylä, approximately 17 kilometres east of Kittilä. The property straddles the Mustajärvi Shear Zone (MSZ), a major right-lateral shear zone that has associated second and third-order structures which further dissect the project into separate structural zones. The Sodankylä Group rocks, which are primarily to the north of the shear zone in the footwall, include metamorphosed sedimentary and volcaniclastic rocks. Geophysics and drilling have identified an extensive corridor of albite – sericite alteration in the footwall along more than two kilometres of the structure. The project remains at an early stage as FireFox and predecessor companies have drilled approximately 14,158 metres to date.

Figure 1 - Spring 2023 drilling campaign at Mustajärvi East Target - infill and step out holes.

FireFox’s structural model identified repetitive dilatant zones along the MSZ where vein swarms, replacement style, and higher-grade gold are concentrated. Three main areas of gold mineralization have been identified along a 2.1-kilometre segment of the MSZ, namely the Central Zone, the Northeast Target, and the East Target. The Central Zone and East Target have clear expressions of significant grade and thickness of gold mineralization at surface, whereas the gold at the Northeast Target is concentrated between 100 and 150 metres below surface. Folding and extensive faulting are in evidence, suggesting the potential for locating much more gold around and between these three widely spaced targets.

The spring 2023 drilling at Mustajärvi was focused on the East Target with a primary goal to extend known, shallow high-grade mineralization. FireFox geologists have collected structural geology evidence indicating that a primary control on the East Target mineralization trends to the southwest. The detailed ground magnetics also revealed a subtle corridor of less magnetic rocks trending to the southwest beneath the highway. There is also a chargeability anomaly in the area, immediately SW of the latest drilling, that may mark the presence of sulphide minerals. The high chargeability zone strikes northeast and dips to the southeast, subparallel with the inferred lithological contact and slightly oblique to the MSZ. The nature of the elevated chargeability was untested until this drill program. The drilling was targeted based on a combination of FireFox’s 3D geological model, structural geology, and geophysics. Due to the near-surface nature of the high-grade target in this area, most of the drill holes in this program were shallow (See Table 1).

Drill holes 23MJ001 and MJ002 were aimed at the western side of the shallow high-grade replacement style mineralization and downdip extensions of the Riedel veins that often host high-grade gold. 23MJ001 undercut a bonanza grade intercept in 22MJ024 (3.4m at 50.91 g/t Au from 91.8m depth), which was reported on February 15, 2023. Both of these holes evaluated the downdip continuation of the thicker replacement style zones of mineralization in the centre of the East Target.

The team stepped out over 100m to the south with drill hole 23MJ003, which was aimed back to the northwest to probe for a key lithologic contact and shear zone. Drill hole 22MJ025 had intercepted narrow intercepts of 14.53 and 8.75 g/t gold at depth, but it failed to reach the shear zone (see Company news release dated February 15, 2023). The FireFox geological model predicts that jogs in the sheared contact between the Sodankylä group and Savukoski group rocks are associated with the strongest gold occurrences along the shear zone. The new drill hole passed through the contact at the approximate depth predicted. The shear zone has now been drilled over a strike length of more than 2.2km despite numerous complex jogs and displacements in the feature.

Drill holes 23MJ004 and 23MJ007 are drilled along a northeast-southwest direction, roughly parallel to the MSZ. This alternative direction of drilling yielded excellent results during a first test, as reported in the January 2023 FireFox news release. In this area, there is a well-developed zone of thicker replacement style mineralization that comes very close to surface and is interpreted to plunge to the southwest. Drill hole 23MJ007 cuts across an interpreted structure and passes through a strong magnetic low on the northwest of the known gold zone. These holes could offer meaningful extensions to the heart of the East Zone mineralization. Drill hole 23MJ006 was lost due to drilling difficulties and replaced with 23MJ007.

Drill holes 23MJ005 and MJ009 were drilled along northwest-southeast section lines, separated by approximately 20 metres. One hole was aimed to the northwest and the other to the southeast in order to test both shallow and deeper portions of the combined IP chargeability and magnetic anomaly that extends west from the East Target.

The team executed a bold step-out drill hole with 23MJ008. It was collared approximately 120 metres southwest from 23MJ005 and more than 220 meters southwest from 22MJ022. The structural geology and apparent controls on the shallow high-grade parts of the East Target appear to indicate a southwest plunge. That pattern is echoed by the complex patterns seen in the detailed ground magnetics. This drill hole was directed at crosscutting the prevailing shear direction and testing a new corridor of low magnetics that may define another zone of alteration.

Firefox Gold geologists are actively working with the new drill core, logging geology, and making measurements. Samples are still being delivered to the laboratory and assays are pending for all of this drilling. More information can be expected during the coming weeks.

Table 1. Mustajärvi Spring 2023 Collar Information (coordinates presented in EPSG:3067).

Drill Hole	Easting	Northing	Azimuth (°)	Plunge (°)	Final Depth (m)
23MJ001	429085	7501026.4	320	60	188
23MJ002	429037	7501068.4	140	50	151.7
23MJ003	429214	7500911.7	320	60	284
23MJ004	429111	7501055	240	50	175.4
23MJ005	429005	7500964	325	60	152.1
23MJ006	428990	7501053.5	60	50	32.1 (failed)
23MJ007	428988	7501052.4	60	50	168.9
23MJ008	428927	7500851.2	340	60	194.4
23MJ009	428972	7501058.5	145	45	194

Methodology & Quality Assurance

The multielement analytical results reported herein are from drill core samples processed by ALS Laboratories. After receipt of gold assays, the FireFox team selects subsets of samples to be subjected to multielement geochemical analyses. These data are reported from ALS – Ireland using a four-acid digestion followed by ICP-AES and ICP-MS analyses (method ME-MS61).

ALS Laboratories is a leading international provider of assay and analytical data to the mining industry. All ALS geochemical hub laboratories, including the Irish facility, are accredited to ISO/IEC 17025:2017 for specific analytical procedures. The Firefox QA/QC program consists of insertion of blind certificated standard material and blanks into the analytical batches, and results reported here did not show deviations from recommended values.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: evolving geological interpretations; continuity of geological targets; timing for completion of assays; intent to conduct additional drilling; belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the scale and scope of the current and future work program, including the extent and nature of exploration to be conducted in 2023. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

VANCOUVER, BC – (June 8, 2023) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) announces that, subject to regulatory approval, it has engaged the services of Independent Trading Group (“ITG”) to provide market-making services in accordance with TSX Venture Exchange policies. ITG will trade shares of the Company on the TSXV and all other trading venues with the objectives of maintaining a reasonable market and improving the liquidity of the Company’s common shares.

Under the agreement, ITG will receive compensation of CAD$6,000 per month in advance. The agreement is for an initial term of three months and will renew for additional one-month terms unless terminated. The agreement may be terminated by either party with a 30 days’ notice. There are no performance factors contained in the agreement and ITG will not receive shares or options as compensation. ITG and the Company are unrelated and unaffiliated entities.

About Independent Trading Group

Independent Trading Group (ITG) Inc. is a Toronto based IIROC dealer-member that specializes in market making, liquidity provision, agency execution, ultra-low latency connectivity, and bespoke algorithmic trading solutions. Established in 1992, with a focus on market structure, execution and trading, ITG has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: +1-778-244-8439

Forward Looking Statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SODANKYLÄ, FINLAND – (May 31, 2023) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to report the completion of a second diamond drilling campaign at its 100%-held Sarvi Gold Project in Lapland, Finland.

The Sarvi Project (“Sarvi”) is part of the Company’s large land package immediately to the north of Rupert Resources’ Area 1 Project (Ikkari Deposit). The project is centred on the Sarvi exploration permit and includes two additional exploration permits, Sarvi-2 to the north and Keulakko to the west, for a total permitted area of 21 km² (see Figure 1). The Sarvi permits cover a portion of the Kittilä Suite of volcanic rocks, which is cut by several interpreted faults.

This follow-up reconnaissance drilling campaign at Sarvi included four drill holes, totalling 611 metres. These holes were designed to test a combination of geochemical anomalies from base-of-till (BoT) sampling and structural/geological targets (See Figure 2). The geological understanding of the project has been advanced through a compilation of detailed magnetics from both drone-based and ground surveys combined with almost 1,600 BoT samples. This round of drilling encountered quartz-carbonate (tourmaline) veining with sulphides, as well as sulphide-bearing carbonaceous sediments at a contact with mafic volcanic rocks. Drilling in 2022 also encountered sulphide-rich graphite bearing tuffs and schists that contained highly anomalous gold and silver (see Company news release dated May 27, 2022).

The drilling was terminated early due to rapid onset of melting. Assays are pending for all four drill holes.

FireFox’s CEO, Carl Löfberg, commented about the Sarvi drilling, “We continue to advance our portfolio of assets in Lapland, drilling on two of our five permitted projects during the winter 2023 program. Despite a shortened program at Sarvi due to the onset of spring conditions, the winter drilling was very valuable. The team identified sulphide minerals in three of the four holes and drilled an important sediment-volcanic contact. We can see evidence for multiple stages of deformation at the project along with anomalous gold, silver, and a suite of pathfinder elements that has been shown to be important in Lapland. As is the case for numerous projects in this area, outcrop is sparse, so we plan to expand our base-of-till sampling program to support more drilling. In the meantime, we look forward to receipt of the assays for these four holes.”

Geology and Details of the Sarvi Drill Program

Drill hole 23SA003 was drilled approximately 1.4 kilometres southeast of 23SA001 and SA002. In this area, a magnetic high is apparently cut by late faulting and the BoT samples were anomalous in arsenic and copper. The drillhole was aimed to the south and passed through a thick section of mafic volcanic rocks.

Figure 1- Sarvi Project Location

Drill hole 23SA004 was located approximately 750 metres north from 23SA003. The target for this hole was a strong geochemical anomaly in the BoT sampling, including elevated silver, arsenic, bismuth, tellurium, and molybdenum. These elements are often enriched in Lapland gold systems. The hole intersected a sediment-volcanic contact with abundant pyrite in graphite-bearing mudstones and black shales. The pyrite-bearing section appears similar to the anomalous gold and silver intercept from the west side of the property in 2022. Below this interval, the drill hole passes through a gradational contact with mafic volcanic rocks (likely tholeiitic basalts) at approximately 91m downhole. Establishing the presence of this contact between the sulphide-bearing mudstones and the basalt is very useful for ongoing work at Sarvi.

The drilling fleet was subsequently moved to the Mustajärvi Project area for additional drilling around the high-grade East Target.

Figure 2 - Spring Drilling Locations, BoT, and Rock Samples Over Ground Magnetics

Methodology & Quality Assurance

ALS Laboratories is a leading international provider of assay and analytical data to the mining industry. All ALS geochemical hub laboratories, including the Irish facility, are accredited to ISO/IEC 17025:2017 for specific analytical procedures. The Firefox QA/QC program consists of insertion of blind certificated standard material and blanks into the analytical batches, and results reported here did not show deviations from recommended values.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2023. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (April 19, 2023) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to report that it has been granted a new exploration permit covering nearly 20km² along a major geologic break (“the Kolho Trend”) in Finland’s Central Lapland Greenstone Belt (CLGB) (see Figure 1, below).

The Kolho Trend occupies a 23-kilometer-long section of a key thrusted contact zone that is deformed around older granitic rocks. Regional mapping by the Geological Survey of Finland (GTK) and limited exploration along the trend has revealed evidence of complex faulting and folding from multiple deformation events. Bedrock geology is interpreted to include mafic to ultramafic volcanic rocks, graphitic schists, and quartz-rich clastic rocks that have been thrust onto Archean basement to the east. These rock units are part of the assemblages that host Agnico Eagle’s Kittilä Mine and Rupert Resources’ Ikkari deposit.

In spite of its prospective setting, there is evidence of only very limited gold exploration along the Kolho Trend prior to FireFox gaining control of it in 2020 via an exploration reservation (see News release dated September 16, 2020). The Company subsequently applied for six exploration permits covering 122.60 km² of the original reservation area, of which the central 19.56 km²license, “Nuttio” is the first to be approved. Issued by Tukes, the Finnish Safety and Chemicals Agency, the exploration permit is an important step as it allows for mechanized work, including diamond drilling, exploration trenching and bottom-of-bill (BoT) sampling.

FireFox’s CEO, Carl Löfberg, commented, “Our previous surface and geophysical work secured our belief that the Kolho Trend is highly prospective for orogenic gold deposits. This huge new Nuttio permit is just the first of several we expect to receive to cover the entire trend, allowing us to control exploration and discovery in an exciting new area. We are eager to get started, so we have mobilized a BoT rig to take advantage of the remaining winter drill season with a brief sampling program.”

Since 2020 FireFox has undertaken reconnaissance exploration and completed airborne magnetics over the area. The FireFox team worked jointly with GoldSpot Discoveries on an integrated interpretation of the geophysical data along the Kolho Trend. In addition to the multiple generations of deformation that are evident in the Kolho thrusting and shearing corridor, there are also prominent N-S and NE oriented linears that appear to be later stage structures (see Company news release dated May 12, 2022). The presence of these late crosscutting structures is consistent with the setting of the Kittilä Mine along the Kiistala shear zone (~20km NW).

Based on this targeting work, FireFox selected the Nuttio permit as the first project to move forward along the Kolho Trend. The Company has mobilized a BoT drill rig to Nuttio and commenced its first detailed sub-surface testing program.

Figure 1. The vast Kolho Trend, including the recently granted Nuttio permit central to the group of other in-progress permit applications (Click here to enlarge).

FireFox cautions that proximity or similar geology to another gold deposit or active mine does not indicate that mineralization will occur on FireFox’s property, and if mineralization does occur, that it will occur in sufficient quantity or grade that would be economically viable. These factors are only cited as evidence of prospectivity of certain properties.

Quality Assurance

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”

Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2023. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

VANCOUVER, BC – (April 17, 2023) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF) (“FireFox” or the “Company”) announces, effective April 14, 2023 that, subject to regulatory acceptance, it has completed the second and final tranche of the non-brokered private placement (the “Private Placement”) announced on February 27, 2023.

FireFox has raised gross proceeds of $978,500 by issuing 9,785,000 units of the Company at a purchase price of $0.10 per unit. Each unit consists of one common share of the Company and one common share purchase warrant, with each whole warrant being exercisable to acquire one additional common share of the Company at an exercise price of $0.15 per share for a term of two years from the date of issuance. The Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation.

The Company intends to use the proceeds of the Private Placement for general corporate purposes, working capital and exploration activities on FireFox’s gold exploration properties in Finland.

FireFox will pay to qualified finders $4,200 in cash finders fees and will issue 42,000 finders warrants exercisable at $0.15 for 2 years from the date of issuance. FireFox will also pay $31,800 in agency fees and will issue 318,000 agency warrants exercisable at $0.15 for 2 years from the date of issuance.

Warrant Amendments

FireFox also announces that it is applying to the TSX Venture Exchange (the “TSXV”) to extend the expiry date of 8.33 million common share purchase warrants issued by the Company in connection with a private placement financing closed on April 30, 2021. This will extend the expiry date by one year to April 28, 2024. The warrants to be amended do not include any warrants issued to finders or agents. No other terms of the warrants are to be amended and the exercise price remains at $0.27.

In addition, the Company is also seeking approval from the TSXV to re-price 2.53 million common share purchase warrants from an exercise price of $0.18 to $0.12. The re-pricing request pertains to a non-brokered private placement closed by the Company on November 15, 2022. FireFox’s objective in re-pricing the warrants is to bring them in line with the exercise price of another non-brokered private placement closed very shortly thereafter on December 19, 2022, in which the warrant exercise price was $0.12. The warrants in question have an expiry date of November 15, 2024.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg” Chief Executive Officer

CONTACT:

FireFox Gold Corp. Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: 778-938-1994

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the expected total financing amounts, terms, and timeframe; and the current and future work program, including the extent and nature of exploration to be conducted in 2020. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

VANCOUVER, BC – (March 31, 2023) – FireFox Gold Corp. (TSX.V: FFOX) (OTCQB: FFOXF)(“FireFox” or the “Company”) announces, effective March 29, 2022 that, subject to regulatory acceptance, it has completed the first tranche of the non-brokered private placement (the “Private Placement”) announced on February 27, 2023. The Company intends to complete a second tranche of the Private Placement before April 14, 2023.

In this first tranche, the Company has raised total gross proceeds of $623,500 by issuing 6,235,000 units of the Company at a purchase price of $0.10 per unit. Each unit consists of one common share of the Company and one common share purchase warrant, with each whole warrant being exercisable to acquire one additional common share of the Company at an exercise price of $0.15 per share for a term of two years from the date of issuance. The Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation.

The Company intends to use the proceeds of the Private Placement for general corporate purposes, working capital and exploration activities on FireFox’s gold exploration properties in Finland.

Certain directors, officers and other insiders of the Company purchased or acquired direction and control over a total of 500,000 units under the private placement. The placement to those persons constitutes a “related party transaction” within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”) adopted in the Policy. The Company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61 101 in respect of related party participation in the placement as neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involved the related parties, exceeded 25% of the Company’s market capitalization (as determined under MI 61-101).

FireFox will pay to qualified finders $2,700 in cash finder’s fees and will issue 27,000 finders warrants exercisable at $0.15 for 2 years from the date of issuance in association with the first tranche of the Private Placement. FireFox will pay $12,000 in agency fees and will issue 120,000 agency warrants exercisable at $0.15 for 2 years from the date of issuance in association with the first tranche of the Private Placement.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg” Chief Executive Officer

CONTACT:

FireFox Gold Corp. Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: +1-778-938-1994

Forward Looking Statements

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

VANCOUVER, BRITISH COLUMBIA – (February 27, 2023) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) announces that it intends to raise up to $2,500,000 by way of a non-brokered private placement (the “Private Placement”). The Private Placement will consist of up to 25,000,000 units of the Company (“Units”) at a price of $0.10 per Unit. Each Unit will consist of one common share of the Company ("Common Share") and one common share purchase warrant ("Warrant"), with each whole Warrant being exercisable to acquire one common share of the Company (a “Warrant Share”) at an exercise price of $0.15 per Warrant Share for a term of two years following the closing of the Offering.

It is anticipated that the proceeds of the Private Placement will be used for the spring drilling program and other exploration work on FireFox’s Mustajärvi project, exploration activities on the Company’s other gold properties in Finland, and general working capital. Prior to this financing, FireFox had 138 million shares outstanding, 28.5 million warrants outstanding, and 11.3 million stock options issued.

The Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. The Company anticipates that the Private Placement will close on or about March 23, 2023. The Company expects to pay finder’s fees in association with this financing.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg” Chief Executive Officer

CONTACT:

FireFox Gold Corp. Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: +1-778-938-1994

Forward Looking Statements

VANCOUVER, BRITISH COLUMBIA – (February 22, 2023) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is excited to report that Mr. Alexander Davidson has joined the company, effective immediately, in a consulting capacity as Special Advisor to the board of directors. In this role, Mr. Davidson will provide technical and strategic counsel to FireFox’s board and leadership team.

Mr. Davidson has more than 40 years of experience in designing, executing, and managing gold and base metal exploration and acquisition programs around the world. He is most well-known for his long-time presence at Barrick Gold Corporation, where he rose to Executive Vice President, Exploration and Corporate Development. At Barrick, Mr. Davidson initiated the company’s expansion of exploration out of North America into Latin America and beyond. He was also instrumental in numerous acquisitions, including Lac Minerals, Sutton Resources, Arequipa Resources, Homestake Mining, and Placer Dome, Inc. Most recently, he has served on the board of directors of Yamana Gold Inc., which has recently agreed to the sale of its Canadian assets to Agnico Eagle Mines Limited and the acquisition of its shares by Pan American Silver Corporation.

FireFox’s Co-Founder and Chairman, Patrick Highsmith, commented, “We are honoured to have Alex join FireFox as a Special Advisor. He comes to us with an unparalleled career as a geologist and as a leader in this industry. Having helped grow Barrick through so many corporate acquisitions and so much geographic expansion, he understands how to navigate new discoveries in an emerging gold terrane. Alex also has unique insights into corporate finance and transactions. His counsel and enthusiasm are welcome at FireFox, where we are exploring one of the largest portfolios of gold tenements in northern Finland.”

Mr. Davidson remarked about joining the FireFox Gold team, “FireFox is in a unique position in Lapland having such a large portfolio of assets, drilling a high-grade discovery at our Mustajärvi Project, and surrounded by neighbours with much bigger capitalizations. I am a shareholder and it’s a pleasure to join the leadership who assembled this team and land package. We will work together with the geologists on the ground to maximize the value of FireFox’s projects for our shareholders.”

Alex is a native of Montreal, Quebec and received B.Sc. and M.Sc. degrees in Economic Geology from McGill University. In addition to the track record of discoveries by his teams and his extensive management experience, he has significant board level experience on technical, sustainability, compensation, audit, and health and safety committees.

Issuance of Share Purchase Options

In association with this appointment, FireFox also reports that its board of directors has approved the grant of 800,000 incentive stock options to certain staff and consultants. This grant of options is subject to the terms and conditions of the Company’s incentive stock option plan, which has been approved by shareholders, and approval by the TSX Venture Exchange and regulatory authorities. The options are valid

for five years from the date of issuance and exercisable at a price of $0.12 per share, a 9% premium to the closing price of the stock on Tuesday, February 21, 2023.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg” Chief Executive Officer

CONTACT:

FireFox Gold Corp. Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: +1-778-938-1994

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: maximizing value of the Company’s projects; the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2023. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (February 15, 2023) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to report the remaining results of the successful fall 2022 core drilling campaign at the Company’s 100%-held Mustajärvi Gold Project in Lapland, Finland. Drill holes 22MJ024 and 22MJ025 at the East Target both encountered significant near-surface high-grade gold and extended the East Target mineralization to the northwest, southeast, and downdip. These holes were drilled along two different sections separated by 25m (See Figure 1). Drill hole 22MJ024 further delineated a western lobe of shallow high-grade gold first discovered in 22MJ022 (Company news release dated January 18, 2023). Whereas 22MJ025 further defined the eastern lobe of surface high grade defined by 22MJ006 (Company news release dated September 6, 2022).

Highlights of selected intervals are shown below, while Table 1 includes all significant intercepts:

22MJ024:
- 13.05m at 15.04 g/t Au from 29.6m depth**, including
  - 1.2m at 35.23 g/t Au from 30.6m, and
  - 1.8m at 53.66 g/t Au from 34.6m, including 0.8m at 100.43 g/t Au, and
  - 1.05m at 39.17 g/t Au from 40.0m;
- 3.4m at 50.91 g/t Au from 91.8m depth, including
  - 1.0m at 170.67 g/t Au from 94.2m;

22MJ025:
- 12.55m at 14.34 g/t Au from 14.3m depth, including
  - 1.0m at 64.67 g/t Au from 14.3m, and
  - 2.0m at 49.78 g/t Au from 22.8m;
- 1.0m at 14.53 g/t Au from 73.8m depth;
- 1.2m at 8.75 g/t Au from 251.0m depth ;

FireFox’s CEO, Carl Löfberg, commented, “Our drill program in late 2022 has provided the best evidence yet that Mustajärvi hosts replacement style gold mineralization with the potential for bulk tonnage at excellent grades. These most recent holes extend the outstanding results from 22MJ006 and 22MJ021 for at least 20m to the southwest and 15m to the north, while also revealing narrower high-grade structures with vertical continuity. There is plenty of room to grow the East Target in all directions, and our structural model strongly suggests that there is more of this style of mineralization to be found along the +2km strike of the system. We expect to be drilling again at Mustajärvi by April, and we intend to excavate trenches during the summer for initial metallurgical test work.”

These two holes were part of a six-hole program (977.1 metres) designed to test a new near-surface high-grade gold zone at the East Target first defined by 22MJ006 and 22MJ018. The first three of the holes also returned high-grade gold assays (see Company news release dated January 18, 2023). These results are significant because they confirm and expand a volume of near-surface replacement style mineralization with greater continuity than previously realized. The East Target also includes narrow high-grade structures oriented in at least two directions that carry mineralization to greater depths and may be contiguous with the thicker replacement zones.

The final hole of the program, 22MJ026, was at the Northeast target, the site of numerous high-grade intercepts in 2021 and 2022. It was directed to the northeast, orthogonal to most of the previous drilling in that area, to test for the northwest trending cross structures now known to be important at the East Target. The hole encountered several lower grade intercepts that are reported in Table 1.

The FireFox team continues to advance its structural model for Mustajärvi, and the work suggests numerous drill targets based on possible extensions to the northwest, southwest, and south. Multielement analytical data is also still pending for the drilling from late 2022.

Figure 1 - Mustajärvi Location Map with Recent Drilling over Ground Magnetics

Mustajärvi Project and Drill Program Details

FireFox’s structural model identified repetitive dilatant zones along the MSZ where vein swarms, replacement style, and higher-grade gold are concentrated. Three main areas of gold mineralization have been identified along a 2.1-kilometre segment of the MSZ, namely the Central Zone, the Northeast Target, and the East Target (Figure 2). The Central Zone and East Target have clear expressions of significant grade and thickness of gold mineralization at surface, whereas the gold at the Northeast Target is concentrated between 100 and 150 metres below surface. Folding and extensive faulting are in evidence, suggesting the potential for locating much more gold around and between these three widely spaced targets.

Figure 2- Long Section View of Gold Intercepts with Surface Projection and Magnetics

During 2022, FireFox completed a total of 25 diamond drill holes for 3,904 metres at Mustajärvi, testing the Northeast Target, the East Target, the Gabbro Target and the Central Zone. The final program of the year included six holes totalling 977 metres, three of those holes are reported herein.

The East Target mineralization exhibits extensive albite – sericite alteration, as is typical along the MSZ, but iron oxide and iron carbonate veining are more common in this eastern part of Mustajärvi. The drill logs from the recent drilling also include increased reports of mafic rocks crosscutting and interbedded with the metasediments and tuffaceous rocks that host most of the Mustajärvi mineralization. The mafic rocks likely included mafic and ultramafic volcanic rocks, as well as crosscutting mafic dikes. Gold continues to be closely correlated with the occurrence of pyrite. Similar to previously reported holes from the East Target, the near-surface gold mineralization from the most recent holes is associated with fractures and impregnation of (partially oxidized) pyrite along fractures, forming blebs, nests, disseminated, semi-massive and massive pyrite mineralization within the host rock. The thicker intervals reported now in several drill holes present strong evidence of hydrothermal replacement of the host rock with quartz-sericite-pyrite + iron oxide. Pyrite can be seen to be replacing laminations and other sedimentary textures, particularly in the shallow portions of the East Target. In the long section vie (oriented east-northeast), the replacement style of mineralization can be seen coming to surface beneath thin glacial sediments. Its shape is controlled in party by folded bedding (foliations) in the metasedimentary rocks (Figure 3).

Figure 3 - Long Section through Mustajärvi East Target

The deeper mineralized intervals include the more typical quartz-carbonate-tourmaline-pyrite (QCTP) veins that are commonly seen at Mustajärvi. The vein and replacement types of mineralization may be related to separate events within a complex deformation history. There are at least two major directions of controlling structure on the Mustajärvi system, east-northeast striking (slightly oblique to the MSZ) and north-northwest striking (perpendicular to the MSZ). The structural system at the East target is interpreted as a multi-phase dextral strike-slip dominated fault system with hydrothermal replacement centred on dilational jogs developed in folded stratigraphy. The system has subsequently undergone several episodes of brittle reactivation. The latest work by the FireFox team using oriented drill core has signalled preliminary indications of fold axis control on the best-developed thicker high-grade zones.

While the multielement data is incomplete, the geochemistry of the replacement and vein styles of mineralization appears to be very similar – dominated by an association with bismuth, tellurium, molybdenum, cobalt, and nickel and low in arsenic and copper.

Hole 22MJ024 was drilled with an azimuth of 320° designed to test the western extent of the near-surface high-grade gold mineralization identified in drill holes 22MJ006, 22MJ018, and 22MJ021. It also tested for the southern and downdip extension of the intercepts reported in 22MJ022. The hole was collared approximately 33 metres southeast of 22MJ006 on a section line 25 metres to the west. As with other holes in the area, the collar location was in thin glacial sediments overlying intensely altered intermediate tuffites (See Figure 4).

Drill hole 22MJ024 intersected four gold-mineralized intervals (>0.5 g/t gold) which included both vein and replacement styles of mineralization, starting at a depth of 29.6m downhole and continuing to a depth of 100.8m (Table 1). The extensive mineralization encountered in this hole marks a significant westward extension to the East Target mineral system, and the deeper intercepts to the north bode well for the untested shallow magnetic anomaly to the north of 22MJ023.

The near-surface mineralization was consistent with that seen in earlier holes, replacement style quartz-pyrite-sericite alteration in pervasively albitized metasedimentary or tuffaceous rocks. The zone of 13.05m averaging 15.04 g/t Au starting at 29.6 m was remarkably consistent with the similar intercepts reported in 22MJ021 and 22MJ006, approximately 30m away. It included 0.8m of core loss (22MJ021 included 1.7m of lost core). The upper mineralized zone also cut what appears to be a narrow mafic dike that was only weakly mineralized with gold but flanked by strong gold grades.

Importantly, there was also deeper high-grade gold mineralization in the hole, such as 3.4m of 50.91 g/t Au, including 1.0m at 170.67 g/t Au from 91.8m downhole depth. This deeper bonanza zone confirms the continuation of the high-grade system mineralization towards the northwest, and it may be on strike and related to similar intercepts in 22MJ006 and 22MJ022. There were numerous other narrow intercepts of gold mineralization at depth that remain open.

Figure 4 - Mustajärvi East Target Cross Section A-A’ Looking Southwest

Drill hole 22MJ025 was drilled with an azimuth of 140° towards the interpreted contact between Sodankylä group metasedimentary rocks and the Savukoski group mafic-ultramafic volcanic unit. It also formed a scissor relationship with drill hole 22MJ006, which contained very high-grade surface mineralization, so that it tested the northern extension and down dip of that interval. It was collared well to the northwest of other drilling on the section in thin glacial sediments overlying intensely altered intermediate tuffites. Encountering both thick shallow gold mineralization and deeper narrow high-grade, this hole was successful in extending the known mineral system to the northwest and the southeast. The best interval began at only 14.3m downhole and averaged 14.34 g/t gold over 12.55 metres, including narrow intervals of much higher grade. This interval was also associated with the quartz-pyrite-sericite replacement within albitized rocks (See Figure 5).

In total, this drill hole passed through 15 intervals containing >0.5 g/t Au, starting from 14.3 metres downhole (Table 1). The narrow higher-grade intercepts are connected across multiple holes, and appear to be linked to shallower replacement style gold. At 177.6 metres downhole, gold mineralization was intersected just beneath a long interval of strongly mylonitized and intensively altered metasediments, interbedded with mafic volcanics. Here the gold is associated with narrow quartz-tourmaline veining and fine-grained disseminated pyrite. FireFox geologists believe that the mylonite zones may indicate proximity to a sheared contact zone between the siliciclastic metasediments and ultramafic volcanic rocks. Even though the frequency of narrow gold intercepts was increasing with depth, the drill hole did not yet reach the contact. The last mineralized interval in this hole was sampled from 3.7 metres above the end of the drill hole, starting at a depth of 263 metres, and returned 2.0m averaging 1.14 g/t Au. Mineralization remains open to depth.

Figure 5- Mustajärvi East Target Cross Section B-B' Looking Southwest

Hole 22MJ026 was drilled at the Northeast Target, approximately 750 metres southwest from the recent East Target drilling. The hole was designed to test the cross structures previously noted during geologic logging of the drill core. These cross structures have proven to be significant at the East Target. It intersected intensively altered intermediate tuffites with interlayers of mafic volcanics, which might be indicating proximity to a major geological contact. It did not penetrate significant grade thickness of high-grade gold, but in total, drill hole 22MJ026 intersected three narrow intervals that assayed above 0.5 g/t Au (Table 1).

Table 1: Significant Drill Intercepts in Drillholes 22MJ024 - 22MJ026 Cut-off Grade 0.5 g/t Au

Drill Hole		From (m)	To (m)	*Interval (m)**	Au Grade (g/t)	Grade Thickness (gram – metres)
22MJ024		29.6	42.65	13.05	15.04**	392.47
	including	29.6	37.2	7.6	19.24
	and including	30.6	31.8	1.2	35.23
	and including	34.6	37.2	2.6	37.66
	and including	36.4	37.2	0.8	100.43
	including	40.0	42.65	2.65	18.84
	and including	40.0	41.05	1.05	39.17
		66.0	67.85	1.85	8.67
	including	67.15	67.85	0.7	22.0
		91.8	95.2	3.4	50.91
	including	94.2	95.2	1.0	170.67
		97.65	100.8	3.15	2.26
	including	97.65	98.8	1.15	5.69
22MJ025		14.3	26.85	12.55	14.34	232.98
	including	14.3	15.3	1.0	64.67
	including	22.8	24.8	2.0	49.78
		34.2	35.2	1.0	1.93
		63.0	63.85	0.85	4.19
		73.8	74.8	1.0	14.53
		177.60	178.6	1.0	0.69
		181.0	183	2.0	4.81
		194.65	194.45	0.8	0.8
		197	197.9	0.9	1.52
		199.85	200.85	1.0	2.75
		205	206.15	1.15	0.76
		216.75	217.75	1.0	0.73
		219.75	220.8	1.0	1.22
		251.0	252.2	1.2	8.75
		257.0	260.0	3.0	0.79
		263.0	265.0	2.0	1.14
22MJ026		40.8	43	2.2	1.28	9.1
		130.9	133	2.1	1.71
		145.55	147.1	1.55	1.73
* Drilling is believed to be perpendicular to the dip of the mineralization, however true widths are not yet known and will be confirmed with additional drilling and geologic modelling. ** Intercept includes 0.8 m of core loss. The lost interval was assigned a grade of 0.0 g/t Au for all calculations.

Table 2: Mustajärvi Q4 of 2022 Collar Information (coordinates presented in EPSG:3067).

Drill Hole	Easting	Northing	Azimuth (°)	Plunge (°)	Final Depth (m)	Status
22MJ021	429080.6	7501029.7	60	40	103.4	Reported Earlier
22MJ022	429046.5	7501009.9	60	35	151.2	Reported Earlier
22MJ023	429028.2	7501039.4	60	40	124.9	Reported Earlier
22MJ024	429098.9	7500995.5	320	35	160.5	Reported Here
22MJ025	429080.0	7501061.0	140	62	266.7	Reported Here
22MJ026	428403.0	7500706.0	40	50	170.4	Reported Here

Methodology & Quality Assurance

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2023. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (January 25, 2023) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to provide a summary of results from the 2022 exploration programs at its 100% held Jeesiö, Sarvi, Lehto and Kolho gold properties in Lapland, Finland (see Figure 1).

Trenching and bedrock sampling in the southern part of the huge Jeesiö Project returned anomalous gold over a large area, including 33.60 g/t Au from a bedrock grab sample at the Katajavaara Hill prospect. Nearly a kilometre away, FireFox geologists collected a rock chip channel sample at the Kataja South prospect that averaged 1.33 g/t Au over 0.8 metres. Another sample in the area contained 1.43 g/t Au, and numerous other samples in the area were highly anomalous in gold. These are the latest sampling results from the first excavations in the area, which was first identified by FireFox reconnaissance sampling late in 2019. The extent of gold mineralization at both prospects is not known, as the gold anomalies remain open along strike and at depth.

Bedrock mapping at the Sarvi property identified several new locations exhibiting strong alteration in metavolcanic and metasedimentary rocks, as well as mineralized chert with disseminate sulfide and gold values of 0.31 g/t in surface rock samples. The team noted similar geology farther north while mapping at the Company’s Lehto Property. During the 2022 field campaign, geologists collected a grab sample at Lehto that contained 0.97 g/t gold. At the Kolho property, the field team completed preliminary reconnaissance bedrock mapping in preparation for the first round of mechanized base-of-till (BoT) sampling expected during the spring of 2023.

Carl Löfberg, FireFox CEO, commented about these results “At FireFox, we continue to advance several projects at various stages among our large portfolio of properties. We are always excited to see more than 10 g/t gold from early-stage exploration, and this is something we often observe on gold projects in Lapland. We have been heavily focused at Mustajärvi, but these results from Katajavaara, Sarvi, and Lehto warrant more work. We are confident the team will transform these strong early indications into viable drill targets by late this year.”

In 2023, FireFox plans additional mapping and sampling at the Katajavaara prospects in order refine the targets for follow-up drilling. At Sarvi, the FireFox team will conduct more follow-up work from the 2022 BoT sampling to include mapping, sampling, ground geophysics, and core drilling. Initial exploration permits are expected before the end of the second quarter at Kolho, so the Company expects to continue with its target development at Lehto and Kolho and to add a BoT drill rig in that area during Q2. This work is in addition to the ongoing program at the Company’s 100%-held Mustajärvi gold project, from which results for the first three holes of the Q4 2022 drilling campaign were recently reported, including 15.5m of 13.09 g/t gold (see Company news release dated January 18, 2023). The final results from that drill program are expected in February.

Jeesiö Project Program Details

The 100%-controlled Jeesiö Gold Project covers approximately 75.8 km² along the Sirkka Shear Zone, a trans-crustal structure that controls the emplacement of most of the known orogenic gold deposits in Lapland. The main Jeesiö targets include the Utsamo and Kataja Belt areas. From south to north, the Kataja Belt consists of three gold prospects: Saittavaara, Katajavaara South (KJ South) and Katajavaara Hill (KJ Hill). The prospects span at least 3 kilometres, apparently related to en echelon northerly striking younger (“D3” or “D4”) structures. The recently acquired high-resolution airborne magnetics data reveal multiple generations of folding and faulting across the entire Jeesiö Project area. Younger asymmetric folding west of the Kataja Belt shows evidence of disruption by right-lateral shearing broadly parallel with northeast trending axial planes. These shears appear to be associated with the gold showings in the Kataja Belt.

The 2022 trenching campaign was focused on the KJ South and KJ Hill prospects, which emerged from FireFox reconnaissance work in 2019 and 2020. The team excavated 9 small exploration trenches and collected 68 chip/channel and 34 grab samples from bedrock. In summary, approximately 68% of the total samples exceeded the detection limit for the method (0.005 g/t gold), and 15% of the samples contained anomalous levels of gold more than 0.100 g/t gold. Channel samples were taken perpendicular to observed mineralized veins and structures to represent true width. Most anomalous gold samples were hosted within quartz veins and lenses. The team recorded detailed information on the geology, alteration, veining, and structures from the trenches that will guide future work and drilling on these emerging targets.

FF NR 2023 03 Figure 1 Regional Property Map

Figure 1- FireFox Land Position with Jeesiö and Northern Properties Highlighted (Click here to enlarge)

Katajavaara South
At KJ South, FireFox geologists identified high gold in the area (10.5 g/t Au) from quartz-magnetite-sulphide vein samples from outcrop in 2019 and 2020 (see Company news release dated October 6, 2020). These anomalous samples are associated with the southwest margin of a magnetic body believed to represent mafic intrusives or volcanic rocks. This outcrop area was the target of the 2022 exploration trenching campaign, the results of which are summarized in Figure 2 and Table 1.

FF NR 2023 03 Figure 2 Katajavaara Belt

Figure 2 - Kataja Permit Area with Rock Sample Results (Click here to enlarge)

The trenches exposed the intensely sheared contact between siliciclastic metasedimentary and mafic intrusive rocks, revealing several mineralized quartz-sulphide veins and lenses within both units. In addition to pyrite and magnetite, geologists also noted the presence of chalcopyrite and copper oxides in these samples. The gabbro in the area is likely attributable to mafic sills that are related to a younger continental rift setting (Haaskalehto-type), which are common at the Jeesiö Project.

The mineralization encountered in the trenches is clearly controlled by shearing, as it crosscuts both lithologies and the contact between them. Among several samples in the area containing strongly anomalous gold, one chip channel sample averaged 1.33 g/t gold over 0.8 metres. Another grab sample contained 1.43 g/t gold. When considered in concert with the high gold values previously reported in the area (Figure 2), it is clear that this gold target is open and unconstrained in all directions and undrilled.

Katajavaara Hill

KJ Hill is located approximately 900 metres to the north of KJ South along the trend of a N-S oriented magnetic feature. Along the eastern slope of the hill, there are fields of locally derived boulders displaying abundant mineralized quartz veins intruding metasedimentary (arkose and quartzite) and mafic rocks. FireFox teams collected grab samples from boulders of these quartz veins in 2020, including one sample with 4.73 g/t Au (see Company news release dated October 6, 2020). This trend of anomalous samples is approximately 400 metres long and appears to be associated with a younger structure that crosscuts the north-trending magnetic anomaly in a northeasterly direction. This outcrop area was another focus of the 2022 exploration trenching campaign; and the geology and gold values are summarized in Figure 2 and Table 1.

At KJ Hill, the team cut three trenches that exposed several quartz lenses and veins hosted in siliciclastic metasedimentary rocks. The mineralization exposed in the trenches was relatively simple, quartz with chlorite and minor sulfides (partially oxidized). The highest-grade sample was 33.60 g/t Au from a bedrock grab sample of quartz vein. The extent of this system is not known, and it is undrilled.

FireFox had intended to continue the trenching at this prospect but the 2022 program was cut short due to weather. The majority of the Kataja Belt is on high ground and accessible year-round, so the team will return during 2023 for follow-up work.

Table 1. Selected highlights of the 2022 Katajavaara sampling campaign.

Target	Sample Type	Rock Type	Sample Weight (kg)	Gold (g/t)
KJ Hill	Grab	Quartz vein with minor chlorite, slightly weathered	1.53	33.60
KJ Hill	Chip - channel	Quartz vein with mica and chlorite, minor weathering,	2.52	0.72
KJ Hill	Grab	Quartz lens-vein, rusty surface, with weathered sulphides	2.65	0.59
KJ South	Grab	Quartz vein pieces with red staining, vuggy texture	5.02	1.43
KJ South	Chip - channel	Mafic intrusive. Silicified matrix with pyrite nest	1.49	1.33
KJ South	Chip - channel	Quartz lens with pyrite, chalcopyrite, magnetite, and Cu and Fe-oxides	1.8	0.65
KJ South	Grab	Quartz lens with pyrite, chalcopyrite, and minor Cu and Fe-oxides	3.64	0.64
KJ South	Chip - channel	Quartz lens with pyrite, chalcopyrite, and minor Cu and Fe-oxides	7.11	0.49
KJ South	Chip - channel	Quartz lens with chlorite and traces of disseminated pyrite	1.71	0.48
KJ South	Grab	Quartz vein with pyrite, malachite, goethite, and magnetite stringers	2.09	0.46

Kolho and Northern Properties Program

FireFox also conducted limited reconnaissance bedrock mapping on its vast Kolho Property during the field season of 2022. Much of the Kolho area is situated within low-lying areas and swamps, where winter conditions are needed to conduct mechanized exploration. FireFox has several permit applications at Kolho and expects at least one expedited permit to be granted in the first half of 2023.

Reconnaissance bedrock mapping was also conducted on the Company’s Sarvi and Lehto properties, which have valid permits in place. At Sarvi, Company geologists identified several locations of intensely carbonate-altered metavolcanics, massive carbonate units, and sulphide-bearing chert formations. These samples from the chert unit with disseminated sulphides contained anomalous gold, including one sample with 0.31 g/t. The FireFox team considers such intense alteration and polymetallic anomalies associated with mafic metavolcanics and major crosscutting structures (D2 and D3) as key elements for hosting an orogenic gold deposit at the Sarvi Project.

Similar sulphide-rich sedimentary and volcano-sedimentary rock units in close proximity to high-volume mafic volcanism are also often seen at the nearby Lehto Property. A limited sampling campaign at Lehto in 2022 also resulted in anomalous gold samples, including one sample containing 0.97 g/t Au.

Methodology & Quality Assurance

Channel samples were sawed by a diamond saw in solid exposed bedrock and taken out by chisel and hammer. Geologists took the chip-channel samples with chisel and hammer from exposed bedrock, which was sometimes strongly weathered. Both types of channel samples were approximately 10 cm wide and taken perpendicular to observed mineralized veins and structures to represent true width. In some areas where continuous channel sampling was not possible, geologists collected grab samples. The grab samples discussed in this release are believed to be from in situ bedrock. FireFox geologists maintained chain of custody and sampling procedures according to best industry practice and with due attention to quality assurance and quality control, including sampling field duplicates and insertion of certified standard and blank samples.

FireFox team members transported the samples to an ALS sample prep lab in Sodankylä. The samples were then crushed to -2 mm, split and pulverized into 1kg pulps, before being shipped to the ALS facility in Rosia Montana, Romania for gold by fire assay of 50 gm aliquots with AAS finish (method Au-AA24).

Dr. Sven Hönig, Certified European Geologist (EFG EurGeol Title # 1789) and General Manager of Exploration for the Company, is a qualified person as defined by National Instrument 43-101. Dr. Hönig has supervised the field work reported herein and has helped to prepare and approves, the technical information in this news release.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1 778-938-1994

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional exploration and drilling; the likelihood of exploration permits being granted, the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2023. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (January 18, 2023) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to report results from the first three drill holes of the fall 2022 core drilling campaign at the Company’s 100%-held Mustajärvi Gold Project in Lapland, Finland. These three holes were part of a six-hole program (977.1 metres) that tested a new near-surface high-grade gold zone at the East Target (see Figure 1). All three of the holes returned high-grade gold assays, including some of the richest intercepts yet reported from the project.

Drillholes 22MJ021 and 22MJ022 both encountered significant high-grade gold at depths of less than 20 metres below surface. The best intercept in this round of results was 15.5m of 13.09 g/t gold in 22MJ021, which began just below the covering glacial sediments at 11m downhole depth. Importantly, these holes were drilled perpendicular to the drilling orientation favoured in the previous campaigns and appear to have successfully confirmed that the observed cross-structures host significant mineralization.

FireFox’s CEO, Carl Löfberg, commented, “Our drilling at Mustajärvi East is yielding consistent improvement in grade and thickness of the gold mineralization. In addition to the continued presence of narrow bonanza veins, our most recent drillholes have encountered replacement style mineralization over greater widths than previously seen on the project. It also happens that these new robust intercepts lie at very shallow depths in the East Target. By drilling these new holes towards the northeast, we have expanded the footprint of the high-grade system to the west, to the north, and to depth. We anticipate results from two more holes in the East Target in a few weeks.”

Highlights of selected intervals are shown below, while Table 1 includes all significant intercepts:

22MJ021: 15.5m at 13.09 g/t Au from 11.0m depth*, including
- - 3.6m at 16.45 g/t Au from 14.4 metres depth, and
  - 6.5m at 19.18 g/t Au from 20.0 metres depth, including
    - 3.5m at 24.35 g/t Au from 23.0 metres depth
22MJ022: 7.2m at 16.43 g/t Au from 22.8 metres depth, including
- - 3.0m at 37.9 g/t Au from 26.2 metres depth; and
- 1.7m at 31.6 g/t Au from 86.0 metres depth
22MJ023: 1.0m at 26.4 g/t Au from 53.0 metres depth
- 4.0 metres at 4.22 g/t Au from 89.0 metres depth, including
  - 2.0 metres at 6.36 g/t Au

This drilling was prompted by the extraordinary results from drill hole 22MJ006, which returned 13.85m averaging 28.74 g/t gold from only 24 metres downhole (see Company news release dated September 6, 2022). Drill holes 22MJ021 and 22MJ022 were drilled perpendicular to 22MJ006 to test for lateral and downdip extension of the 22MJ006 mineralization. The third drill hole in this phase of work, 22MJ023, tested the expansion of the mineralized trend farther to the north. All three drill holes returned multiple significant intercepts including high-grade gold mineralization that are expected to expand the East Target laterally and at depth.

Figure 1 - Mustajärvi East Target Oct 2022 Drilling (Click here to enlarge)

Mustajärvi Project and Drill Program Details

During the year 2022, FireFox completed a total of 25 diamond drill holes for 3,904 metres at Mustajärvi, testing the Northeast Target, the East Target, the Gabbro Target and the Central Zone. The final program of the year included six holes totalling 977 metres, three of those holes are reported herein.

The East Target mineralization exhibits extensive albite – sericite alteration, as is typical along the MSZ, but iron oxide and iron carbonate veining are more common in this eastern part of Mustajärvi. The drill logs from the recent drilling also include increased reports of mafic volcanics interbedded with the metasediments and tuffaceous rocks that host most of the Mustajärvi mineralization. Gold continues to be closely correlated with the occurrence of pyrite. Similar to previously reported holes from the East Target, the near-surface gold mineralization from the most recent holes is associated with fractures and impregnation of (partially oxidized) pyrite along fractures, forming blebs, nests, disseminated, semi-massive and massive pyrite mineralization within the host rock. The thicker intervals reported in 22MJ021 and 22MJ022 present strong evidence of hydrothermal replacement of the host rock with quartz-sericite-pyrite + iron oxide. Pyrite can be seen to be replacing laminations and other sedimentary textures (See Figures 2 and 3).

Figures 2 and 3 – Albite-quartz (+ tourmaline) alteration with pyrite replacement at East Target (Click here to enlarge)

The deeper mineralized intervals include the more typical quartz-carbonate-tourmaline-pyrite (QCTP) veins that are commonly seen at Mustajärvi. The vein and replacement types of mineralization may be separate events, but the geochemistry is very similar – dominated by an association with bismuth, tellurium, molybdenum, cobalt, and nickel and low in arsenic and copper. There are at least two major directions of controlling structure on the Mustajärvi mineralization, east-northeast striking (parallel to the MSZ) and north-northwest striking (perpendicular to the MSZ). There are still results pending for two holes drilled along the northwest-southeast profile at the East Target, and FireFox geologists continue to study the relationship between the narrow high-grade veins and thicker replacement style of mineralization.

Hole 22MJ021 was designed to test the east-west extent of the near-surface, high grade gold mineralization identified in drill hole 22MJ006. The hole was collared approximately 28 metres west of 22MJ006 in thin glacial sediments overlying intensely altered intermediate tuffites, interbedded with mafic volcanic rocks.

The 28 mineralized intervals (>1 g/t gold) confirmed by the assays included both vein and replacement styles of mineralization, starting immediately below glacial till overburden at a depth of 11.0m and continuing to a depth of 94.65m (Table 1). The best interval reported above (15.5m averaging 13.09 g/t Au*) appears to be contiguous with the high-grade gold reported previously in 22MJ006 and extends that mineralization approximately 15m to the west-southwest. The results from the upper portion of this drillhole (11.0 to 27.5m) have been reported from a 1,000-gram screen fire assay protocol.

Hole 22MJ022 was drilled on the same profile as hole 22MJ021, approximately 40 metres to the southwest, and nearly 65 metres west of 22MJ006. Its east-plunging configuration was designed to undercut the shallow high-grade zone. It was collared in thin glacial sediments overlying intensely altered intermediate tuffites and lesser mafic sequences, and it intersected eleven intervals containing >1.0 g/t Au, starting at 20.1m downhole. The best interval started at 24.6m depth and returned 5.4m averaging 21.66 g/t Au, including 3.0 m at 37.39 g/t Au.

More importantly, hole 22MJ022 also intersected deeper high-grade gold mineralization at 86m, such deeper veins have not been commonly encountered to date at the East Target. This interval returned 1.7m averaging 31.6 g/t Au, including 0.7m at 55.06 g/t Au. The deepest interval from this hole was at a depth of 90.7m and included 2.0m averaging 6.13 g/t Au.

Hole 22MJ023 was drilled approximately 35 metres northwest of hole 22MJ022. The hole was collared in thin glacial sediments overlying intensely altered tuffites and metasediments. The hole intersected 8 narrow intervals that assayed above 1 g/t Au, including a deeper interval of 4.0m averaging 4.22 g/t Au starting at 89m. The highest-grade interval started at 53m and returned 1m at 26.4 g/t Au.

Table 1: Significant Drill Intercepts in Drillholes 22MJ021 - 22MJ023
Cut-off Grade 0.5 g/t Au

Drill Hole	From (m)	To (m)	Interval (m)	Au Grade (g/t)	Grade Thickness (gram – metres)
22MJ021	11.0	26.5	15.5	13.09*	266
including	14.4	18.0	3.6	16.45
including	20.0	26.5	6.5	19.18
including	23.0	26.5	3.5	24.35
	34.3	35.0	0.7	1.40
	36.0	37.0	1.0	0.69
	39.0	40.0	1.0	0.70
	40.0	42.0	2.0	9.07
	44.0	46.0	2.0	10.51
including	45.0	46.0	1.0	19.43
	47.0	48.0	1.0	1.27
	50.0	51.0	1.0	1.73
	60.7	62.7	2.0	0.98
	65.55	66.4	0.85	1.49
	68.0	69.9	1.9	1.88
	75.1	78.0	2.9	1.26
	80.0	82.2	2.2	2.87
	86.2	87.15	0.95	0.51
	88.15	89.0	0.85	1.11
	93.65	94.65	1.0	1.00

22MJ022	20.1	21.0	0.9	1.19	191
	22.8	30.0	7.2	16.43
including	24.6	30.0	5.4	21.66
including	26.2	29.2	3.0	37.9
	63.4	64.4	1.0	2.59
	67.5	68.5	1.0	0.63
	74.2	76.0	1.8	1.06
	86.0	87.7	1.7	31.61
including	86.8	87.7	0.9	55.07
	90.7	92.7	2.0	6.13
	101.5	102.5	1.0	0.53

22MJ023	34.3	35.2	0.9	0.60	53
	40.0	41.0	1.0	0.66
	45.0	46.0	1.0	1.03
	53.0	54.0	1.0	26.40
	57.0	58.0	1.0	5.04
	61.0	61.9	0.9	3.16
	89.0	93.0	4.0	4.22
including	90.0	92.0	2.0	6.36
Notes: Drilling is believed to be perpendicular to the dip of the mineralization, however interval true widths are not yet known and will be confirmed with additional drilling and geologic modelling. In this table, the aggregate grade-thickness of the entire drill hole is provided. For each interval exceeding the 0.5 g/t Au cut-off, the interval thickness is multiplied by its gold grade, and the sum of all those intervals is reported as total Grade – Thickness in “gram – metres” of gold. * Intercept includes a total of 1.7m of core loss – one interval of 0.9 and another of 0.8m. Both intervals were near the top of the hole (above 14.4 metres downhole). These lost intervals were assigned a grade of 0.0 g/t Au for all calculations.

The table below summarizes the location information for the fall 2022 drill campaign at Mustajärvi.

Table 2: Collar Details for Drilling at Mustajärvi Q4 2022 (coordinates presented in EPSG:3067).

Drill Hole	Easting	Northing	Azimuth (°)	Plunge (°)	Final Depth (m)	Status
22MJ021	429080.6	7501029.7	60	40	103.4	Reported Here
22MJ022	429046.5	7501009.9	60	35	151.2	Reported Here
22MJ023	429028.2	7501039.4	60	40	124.9	Reported Here
22MJ024	429098.9	7500995.5	320	35	160.5	Assays Pending
22MJ025	429080.0	7501061.0	140	62	266.7	Assays Pending
22MJ026	428403.0	7500706.0	40	50	170.4	Assays Pending

Methodology & Quality Assurance

FireFox team members transported the samples to an ALS sample prep lab in Sodankylä. The samples were sawed then crushed to -2 mm, split and pulverized into 1kg pulps, before being shipped to the ALS facility in Rosia Montana, Romania for gold by fire assay of 50 gm aliquots with AAS finish (method Au-AA24). Selected samples were assayed with a 1,000-gram Au-SCR24 method (screen fire assays). Other elements, altogether 48, were measured after four-acid digestion by ICP-AES and ICP-MS (method ME-MS61) at the ALS facility located in Loughrea, Ireland.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,
“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

_{Forward Looking Statements}

_{The information herein contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include changes in world commodity markets, equity markets, the extent of work stoppage and economic impacts that may result from the COVID 19 virus, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry.}

_{Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2023. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.}

_{The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.}

_{NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.}

Drill Hole From (m) To (m) Interval (m) Au Grade (g/t) Grade Thickness
(gram – metres)
22MJ021 11.0 26.5 15.5 13.09* 266
including 14.4 18.0 3.6 16.45
including 20.0 26.5 6.5 19.18
including 23.0 26.5 3.5 24.35
34.3 35.0 0.7 1.40
36.0 37.0 1.0 0.69
39.0 40.0 1.0 0.70
40.0 42.0 2.0 9.07
44.0 46.0 2.0 10.51
including 45.0 46.0 1.0 19.43
47.0 48.0 1.0 1.27
50.0 51.0 1.0 1.73
60.7 62.7 2.0 0.98
65.55 66.4 0.85 1.49
68.0 69.9 1.9 1.88
75.1 78.0 2.9 1.26
80.0 82.2 2.2 2.87
86.2 87.15 0.95 0.51
88.15 89.0 0.85 1.11
93.65 94.65 1.0 1.00

22MJ022 20.1 21.0 0.9 1.19 191
22.8 30.0 7.2 16.43
including 24.6 30.0 5.4 21.66
including 26.2 29.2 3.0 37.9
63.4 64.4 1.0 2.59
67.5 68.5 1.0 0.63
74.2 76.0 1.8 1.06
86.0 87.7 1.7 31.61
including 86.8 87.7 0.9 55.07
90.7 92.7 2.0 6.13
101.5 102.5 1.0 0.53

22MJ023 34.3 35.2 0.9 0.60 53
40.0 41.0 1.0 0.66
45.0 46.0 1.0 1.03
53.0 54.0 1.0 26.40
57.0 58.0 1.0 5.04
61.0 61.9 0.9 3.16
89.0 93.0 4.0 4.22
including 90.0 92.0 2.0 6.36
Notes: Drilling is believed to be perpendicular to the dip of the mineralization, however interval true widths are not yet known and will be confirmed with additional drilling and geologic modelling. In this table, the aggregate grade-thickness of the entire drill hole is provided. For each interval exceeding the 0.5 g/t Au cut-off, the interval thickness is multiplied by its gold grade, and the sum of all those intervals is reported as total Grade – Thickness in “gram – metres” of gold.
* Intercept includes a total of 1.7m of core loss – one interval of 0.9 and another of 0.8m. Both intervals were near the top of the hole (above 14.4 metres downhole). These lost intervals were assigned a grade of 0.0 g/t Au for all calculations.

VANCOUVER, BC – (January 10, 2023) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF) (“FireFox” or the “Company”) is pleased to announce the appointment of Dr. Andor Lips to its board of directors. Dr. Lips is an experienced geologist who resides in the Netherlands. Dr Lips holds advisory and board positions across the globe. HCF International Advisories, Western Tethyan Resources, 79^th Group, Spectral Industries, and Verde Magnesium are a few of the groups that are benefiting from his expertise in strategic, technical, financial and governance matters.

Prior to his current consulting and advisory activities, he worked for Eldorado Gold as VP European Strategy & Corporate Sustainability. He also held prior positions with the Commodity Discovery Fund (Fund Manager), ING Bank N.V. (Senior Banker), Lydian International Ltd (Technical Director), and BRGM (Senior Geologist and Program Manager) whilst also providing external expert advice to the European Commission over the past decade. Dr. Lips earned his PhD and Master’s degrees in Structural Geology and Geodynamics at Utrecht University in the Netherlands.

FireFox also announces the resignation of Mr. Timo Mäki as a director of the Company. The Company would like to express its heartfelt appreciation to Mr. Mäki for his contribution to the board of directors. FireFox wishes Mr. Mäki every success in his future endeavors.

Dr. Lips commented about joining the FireFox team, “It is a great pleasure to join FireFox in these exciting times. The large landholding that FireFox has secured across the Central Lapland Greenstone Belt is phenomenal. This area has always been on my radar since my initial compilations at BRGM of the mineral potential across Europe. Combined with our deep Finland expertise and locally based management team, the company holds all the key ingredients for future success.”

FireFox chairman, Patrick Highsmith, added, “We believe it is of great value to bring independent technical directors to the board of FireFox. Andor is a geologist who comes to the team with a substantial track record of success across industry, finance, and government. His experience in banking and investment funds further enhances the value of his perspective. We look forward to a tremendous 2023.”

Issuance of Share Purchase Options

In association with this appointment and in keeping with its intended annual calendar, FireFox also reports that its board of directors has approved the grant of 3,900,000 incentive stock options to certain directors, officers, staff and consultants in recognition of their respective contributions to the development of the Company. This grant of options is subject to the terms and conditions of the Company’s incentive stock option plan, which has been approved by shareholders, and approval by the TSX Venture Exchange and regulatory authorities. The options are valid for five years from the date of issuance and exercisable at a price of $0.12 per share, a 9% premium to the closing price of the stock on Friday, January 6, 2023.

About FireFox Gold Corp.

Finland is one of the top mining investment jurisdictions in the world as indicated by its multiple top-10 rankings in recent Fraser Institute Surveys of Mining Companies. Having a strong mining law and long mining tradition, Finland remains underexplored for gold. Recent exploration results in the country have highlighted its prospectivity, and Fireox is proud to have a Finland based CEO and technical team.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,
“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: 778-938-1994

_{Forward Looking Statements}

_{The information herein contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, the extent of work stoppage and economic impacts that may result from the COVID 19 virus, costs and supply of materials relevant to the mining industry, changes in government and regulations affecting the mining industry.}

_{Forward-looking statements in this release may include statements regarding: the Company’s prospects for exploration success and its current and future work program, including the extent and nature of exploration to be conducted in 2023. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.}

_{NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.}

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

VANCOUVER, BC – (December 14, 2022) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF) (“FireFox” or the “Company”) announces, effective December 19^th, subject to regulatory acceptance, it will have successfully completed the non-brokered private placement (the “Private Placement”) announced on November 21, 2022 ($0.5M) with an oversubscription resulting in gross proceeds of $1,068,480.

The first tranche that closed on December 9^th raised total gross proceeds of $773,480 by issuing 9,668,500 units at a purchase price of $0.08 per unit. The second tranche will raise total gross proceeds of $295,000 by issuing 3,687,500 units at a purchase price of $0.08 per unit when it closes on December 19^th. Each unit consists of one common share of the Company and one common share purchase warrant, with each whole warrant being exercisable to acquire one additional common share of the Company at an exercise price of C$0.12 per share for a term of two years from the date of issuance. The shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation.

The Company intends to use the proceeds of the Private Placement for general corporate purposes, working capital and exploration activities on FireFox’s gold exploration properties in Finland.

Certain directors, officers and other insiders of the Company purchased or acquired direction and control over a total of 270,000 units under the private placement. The placement to those persons constitutes a “related party transaction” within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”) adopted in the Policy. The Company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61 101 in respect of related party participation in the placement as neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involved the related parties, exceeded 25% of the Company’s market capitalization (as determined under MI 61-101).

In association with the first tranche of this financing, subject to TSX-V acceptance, the Company will pay to qualified finders $14,801 in cash finder’s fees and will issue 185,010 finder’s warrants. The second tranche of this financing, subject to TSX-V acceptance, will result in payment of advisory fees of $6,660 and 83,250 warrants and finder’s fees of $11,040 along with 138,000 finder’s warrants. Each whole warrant issued to advisors and finders will be exercisable to acquire one common share of the Company at an exercise price of $0.12 for a term of 2 years from the date of issuance.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 778-938-1994

Forward Looking Statements

The information herein contains forward-looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, the extent of work stoppage and economic impacts that may result from the COVID 19 virus, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry.

Forward-looking statements in this release may include statements regarding the size and closing date of the Private Placement. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

VANCOUVER, BC – (November 21, 2022) – FireFox Gold Corp. (TSX.V: FFOX; OTCQB: FFOXF)(“FireFox” or the “Company”) announces that, subject to regulatory approval, it intends to raise up to $500,000 by way of a non-brokered private placement (the “Private Placement”). The Private Placement will consist of up to 6,250,000 units of the Company (“Units”) at a price of $0.08 per Unit. Each Unit will consist of one common share of the Company ("Common Share") and one common share purchase warrant ("Warrant"), with each whole Warrant being exercisable to acquire one common share of the Company (a “Warrant Share”) at an exercise price of $0.12 per Warrant Share for a term of two years following the closing of the Offering..

It is anticipated that the proceeds of the Private Placement will be used for general working capital and exploration activities at Mustajärvi and other Company projects in Finland. Prior to this financing, FireFox has 124.7 million shares outstanding, 14.8 million warrants outstanding, and 6.6 million stock options issued.

The Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. The Company anticipates that the Private Placement will close on or about November 30, 2022. The Company expects to pay finder’s fees in association with this financing.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 778-938-1994

Forward Looking Statements

The information herein contains forward-looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, the extent of work stoppage and economic impacts that may result from the COVID 19 virus, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry.

SODANKYLÄ, FINLAND – (November 18, 2022) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to announce that it has completed a small drilling program aimed primarily at offsetting the newly discovered high-grade zone in the East Target at its Mustajärvi Project in Finland. The Company drilled 6 shallow diamond core holes at Mustajärvi totaling 977 metres.

FireFox announced on July 13, 2022, that its May drill program at Mustajärvi had returned the best drillhole yet on the project (22MJ006: 13.85m at 14.39 g/t gold), and that the mineralization encountered in this new zone occurs very near surface (less than 20.0m vertical). Subsequent screen fire assays identified significant coarse gold in one of the samples. The results from the more rigorous screen fire assays returned a calculated total gold for one of the samples of approximately 227.4 g/t gold. All other high-grade (>10.0 g/t) samples within the interval were confirmed by multiple 50-gram fire assays with gravimetric finish and by the 1,000-gram screen fire assays. The resulting new weighted average for the interval in drill hole 22MJ006 was 13.85m at 28.74 g/t gold (See Company news release dated September 6, 2022).

After observing apparent cross structures in the drill core from the East Target, the FireFox team designed a drill program with 5 holes to test the alternative direction and also explore for expansions of the new shallow high-grade zone. Drillholes 22MJ021, -22, and -23 were directed to the northeast instead of to the north-northwest, which has been the prevailing drill direction at Mustajärvi. Two additional holes (22MJ024 and -025) were drilled parallel to 22MJ006 to test for continuations of the high-grade zone to depth and to the southwest. The sixth hole was also aimed at testing for the cross structures, but at the Northeast Target, a few hundred metres away. All the holes in this program were of modest depth, five of the six ranged between 100 and 160m depth, and one hole was drilled to 267m.

FireFox’s CEO, Carl Löfberg, commented about the recently completed drill program, “It is uncommon in gold exploration today to encounter such thick intervals of high-grade at less than 20 metres below surface, so we moved quickly to follow-up on our last drill results with these several shallow drill holes. It was also a great opportunity to test our observations that suggest some new controls on the mineralization in the East Target. Success in these recent drillholes would result in a considerable expansion of the newest high-grade zone. We look forward to reporting the results from this drill program in a few weeks.”

Geologic Details of the East Target

Drillhole 22MJ006 was the sixth drillhole along approximately 1.5km of strike of the Mustajärvi Shear Zone that penetrated more than 90 gram-metres of gold, expressed as grade – thickness (thickness of significant interval in metres multiplied by the weighted average gold content in grams per tonne). Most of these intervals have been reported from drill holes directed to the north-northwest, perpendicular to the Mustajärvi Shear Zone, because that has been shown to be an important controlling direction for the gold mineralization. In several instances, FireFox geologists have noted crossing structures that also appear to host significant alteration, veining, and gold. The most recent intercepts from the East Target indicate that the cross structures may be very important in this area and could expand the thickness of the mineralization.

The host rocks at the East Target also seem to include more sedimentary rocks (laminated siliciclastic rocks) and mafic volcanics or intrusions than have characterized either the Central Zone or the Northeast Target. These important observations about changes to the mineral system as it trends to the northeast were strong drivers for the latest follow-up drilling.

ff news 17nov 1 min

Figure 1 - Mustajärvi Location Map with Oct 2022 Drilling

Qualified Person

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 778-938-1994

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the current and future drill program, including the extent and nature of exploration to be conducted in 2022 and 2023 and the anticipated results of the drill program. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

VANCOUVER, BC – (November 16, 2022) – FireFox Gold Corp. (“FireFox” or the “Company”) announces, effective November 15, 2022 that, subject to regulatory acceptance, it has completed the second and final tranche of the non-brokered private placement (the “Private Placement”) announced on September 21, 2022.

FireFox has raised gross proceeds of $506,000 by issuing 5,060,000 units of the Company at a purchase price of $0.10 per unit. Each unit consists of one common share of the Company and one-half common share purchase warrant, with each whole warrant being exercisable to acquire one additional common share of the Company at an exercise price of $0.18 per share for a term of two years from the date of issuance. The Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation.

The Company intends to use the proceeds of the Private Placement for general corporate purposes, working capital and exploration activities on FireFox’s gold exploration properties in Finland.

FireFox paid to qualified finders $1,800 in cash finders fees and issued 18,000 finders warrants exercisable at $0.18 for 2 years from the date of issuance in association with the first tranche of the Private Placement.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,
“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-938-1994

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the expected total financing amounts, terms, and timeframe; and the current and future work program, including the extent and nature of exploration to be conducted in 2020. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

VANCOUVER, BC – (October 7th, 2022) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF) (“FireFox” or the “Company”)announces, effective October 6, 2022 that, subject to regulatory acceptance, it has completed the first tranche of the non-brokered private placement (the “Private Placement”) announced on September 21, 2022. The Company expects additional subscribers to join the financing, so it has elected to keep the Private Placement open for a second tranche. FireFox expects to complete the second tranche on or about October 21, 2022.

In this first tranche, the Company has raised total gross proceeds of $486,000 by issuing 4,860,000 units of the Company at a purchase price of $0.10 per unit. Each unit consists of one common share of the Company and one-half common share purchase warrant, with each whole warrant being exercisable to acquire one additional common share of the Company at an exercise price of $0.18 per share for a term of two years from the date of issuance. The Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation.

The Company intends to use the proceeds of the Private Placement general working capital, drilling on the Mustajärvi project, and exploration activities on other gold exploration properties in Finland.

Certain directors, officers and other insiders of the Company purchased or acquired direction and control over a total of 250,000 units under the private placement. The placement to those persons constitutes a “related party transaction” within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”) adopted in the Policy. The Company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61 101 in respect of related party participation in the placement as neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involved the related parties, exceeded 25% of the Company’s market capitalization (as determined under MI 61-101).

FireFox will pay to qualified finders $1,800 in cash finder’s fees and will issue 18,000 finders warrants exercisable at $0.18 for 2 years from the date of issuance in association with the first tranche of the Private Placement.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,
“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-938-1994

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the expected total financing amounts, terms, and timeframe; and the current and future work program, including the extent and nature of exploration to be conducted in 2020. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

VANCOUVER, BC – (Sept 21, 2022) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) announces that it intends to raise up to $1,000,000 by way of a non-brokered private placement (the “Private Placement”). The Private Placement will consist of up to 10,000,000 units of the Company (“Units”) at a price of $0.10 per Unit. Each Unit will consist of one common share of the Company ("Common Share") and one-half common share purchase warrant ("Warrant"), with each whole Warrant being exercisable to acquire one common share of the Company (a “Warrant Share”) at an exercise price of $0.18 per Warrant Share for a term of two years following the closing of the Offering.

It is anticipated that the proceeds of the Private Placement will be used for general working capital, drilling on FireFox’s Mustajärvi project, and other exploration activities on the Company’s other gold exploration properties in Finland. Prior to this financing, FireFox has 119.5 million shares outstanding, 18.2 million warrants outstanding, and 7.6 million stock options issued.

The Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. The Company anticipates that the Private Placement will close on or about September 30, 2022. The Company expects to pay finder’s fees in association with this financing.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,
“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-938-1994

Forward Looking Statements
The information herein contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include changes in world commodity markets, equity markets, the extent of work stoppage and economic impacts that may result from the COVID 19 virus, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry.

Sample ID
From (m)
To (m)
Au FA/AA
(g/t)
Au FA/Grav (”Overlimits”)
(g/t)

Au Screen FA**
(g/t)

#1
#2
#3

D110166
24.15
25.05
>10.0
16.85
17.35
17.15
17.40
D110167
25.05
26.00
>10.0
16.75
17.00
16.35
15.85
D110168*
25.05
26.00
>10.0
18.70
18.20
18.20
439
D110171
26.00
27.00
>10.0
18.85
19.05
19.20
18.40
D110172
27.00
28.00
>10.0
15.85
15.85
15.65
16.00
D110173
28.00
28.80
>10.0
18.65
18.00
18.70
17.90
D110174
28.80
29.80
>10.0
59.10
59.80
60.20
63.0
D110175
29.80
30.30
1.205

D110176
30.30
31.30
2.90

D110177
31.30
32.30
6.27

D110178
32.30
33.20
6.41

D110179
33.20
34.20
>10.0
14.20
14.65
14.30
11.05
D110180
34.20
35.00
5.86

D110181
35.00
36.00
9.43

D110182
36.00
37.00
8.55

D110183
37.00
38.00
5.34

* - Sample is a field duplicate of D110167, each sample is half drill core representing 25.05 – 26.00 metres
** - Full screen fire assay procedure details are provided below, this value is total gold calculated from assays of the coarse and fine fractions.

SODANKYLÄ, FINLAND – (September 6, 2022) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) reports additional analyses from the recent drill program at the Company’s 100%-held Mustajärvi Gold Project in Lapland, Finland. FireFox previously reported its best drill intercept yet from Mustajärvi, a 13.85-metre interval of drill hole 22MJ006 that averaged 14.39 g/t gold beginning only 24.2m down hole (see Company news release dated July 13, 2022). A subsequent program of screen fire assays of the highly mineralized interval confirmed that the mineralization is remarkably consistent, but the tests also identified coarse gold in one of the samples (Table 1).

HIGHLIGHTS FROM SCREEN FIRE ASSAYS OF 13.85 METRE HIGH-GRADE INTERVAL IN 22MJ006

One sample from 25.05 to 26.00 metres depth returned a total gold grade of 439 g/t
- This sample contained 423 milligrams of coarse gold
This bonanza grade sample was part of a field duplicate pair:
- The duplicate twin contained total gold of 15.85 g/t
If all the screen fire results were incorporated into the broader high-grade interval, it would average 28.74 g/t over 13.85 metres
Most of the interval exhibited excellent consistency between original fire assay and screen fire assays
FireFox is working with its consultants and service providers to better understand and characterize the coarse gold at Mustajärvi

“The high-grade gold at Mustajärvi comes with its own special challenges, but the team has done an excellent job implementing a rigorous quality assurance protocol. These screen fire assay results remind us that this system contains significant coarse gold, and any noteworthy drill intercept may contain more gold than we first estimate,” commented Carl Löfberg, CEO of FireFox Gold. “The gold system in the East Target comes right to surface and we see evidence for more than one direction of structural control. We look forward to bringing the drill back to follow-up, as these shallow intercepts are open in several directions.”

The Company’s consulting geochemist and quality control expert, Mary Doherty¹, remarked in her evaluation of the new drilling data from Mustajärvi, “The Firefox sampling, preparation and analytical procedures are very thorough and carefully thought out. The one interval with extremely high gold suggests the presence of coarse gold which is not unexpected and is well characterized. Precision for the other gold assays in the drill hole examined is very good at 7% precision and < 4% bias between sample groups.”

FireFox maintains an ongoing quality assurance program that includes screen fire gold assays on the high-grade intervals encountered at Mustajärvi. In this case, the team selected 8 samples from the 13.85-metre interval for screen fire gold assay. These samples all contained more than 10 g/t gold, as reported from an initial 50-gram fire assay and confirmed by triplicate 50-gram gravimetric “overlimit” fire assays.

As an additional component of its quality assurance program, FireFox designates approximately 3% of drilling samples as field duplicates. One of the field duplicates fell within this highly mineralized interval. In this instance, the other half of the sawed core is submitted blindly to the lab as a check of the total variability of gold, including that caused by the geological sample medium plus sample preparation and analysis. This resulted in the entire drill core being processed for the 0.95-metre interval in question. Hence, the discovery that this interval contained a coarse gold fragment (a “nugget”).

Native gold tends to be malleable, which means it may not be ground or reduced in size when subjected to pulverizing in a standard lab preparation procedure. The screen fire assay procedure (see details below) evaluates this component of unpulverized material for gold by passing the entire 1,000-gram sample through a 106-micron (Tyler 150 mesh) screen. Gold and other material that has not been sufficiently pulverized will be retained on the screen, then this entire “plus fraction” is fire assayed, reporting the contained gold in milligrams.

During the screen fire process, the assayers determined that there were 423 milligrams of coarse gold in the sample, a significant part of the 23.2 grams of material collected in the plus fraction. Interestingly, the fine fraction of material, which did pass through the screen, assayed consistently around 16 g/t gold. The weighted average of the gold in the fine fraction plus the gold in the coarse fraction results in a calculated total gold value of the sample of 439 g/t.

Table 1: Complete Listing of Gold Assays in High-Grade Interval from Drill Hole 22MJ006

Sample ID	From (m)	To (m)	Au FA/AA (g/t)	Au FA/Grav ("Overlimits:) (g/t)			Au Screen FA** (g/t)
				#1	#2	#3
D110166	24.15	25.05	>10.0	16.85	17.35	17.15	17.40
D110167	25.05	26.00	>10.0	16.75	17.0	16.35	15.85
D110168*	25.05	26.00	>10.0	18.70	18.20	18.20	439
D110171	26.00	37.00	>10.0	18.85	19.05	19.20	18.40
D110172	27.00	28.00	>10.0	15.85	15.85	15.65	16.00
D110173	28.00	28.80	>10.0	18.65	18.00	18.70	17.90
D110174	28.80	29.80	>10.0	59.10	59.80	60.20	63.0
D110175	29.80	30.30	1.205
D110176	30.30	31.30	2.90
D110177	31.30	32.30	6.27
D110178	32.30	33.20	6.41
D110179	33.20	34.20	>10.0	14.20	14.65	14.30	11.05
D110180	34.20	35.00	5.86
D110181	35.00	36.00	9.43
D110182	36.00	37.00	8.55
D110183	37.00	38.00	5.34
* - Sample is a field duplicate of D110167, each sample is half drill core representing 25.05 – 26.00 metres ** - Full screen fire assay procedure details are provided below, this value is total gold calculated from assays of the coarse and fine fractions.

Significance of Coarse Gold at Mustajärvi

Coarse gold is something for which explorers must plan when drilling an orogenic gold system. However, visual logging will never identify all coarse gold in drill core or rock samples. Despite abundant high-grade gold assays, FireFox geologists believe they have recognized visible (coarse) gold in only three drill holes so far on the Mustajärvi Project, most notably in the first hole of the 2021 drill program (see Company news releases dated April 15, 2021 & June 17, 2021). Two of the three drill holes with likely visible gold were in the Northeast Target, and one hole in the East Target may have contained very small grains of visible gold (22MJ018). There was no such report in the log from 22MJ006. As noted, FireFox has rigorous procedures in place to help assure quality samples and the application of appropriate sample preparation and analytical procedures. The consistency and precision of the gold assays in this interval within 22MJ006 confirm that most of the gold in the East Target is fine-grained or in a mineral phase that is relatively homogeneous in the host rock.

Coarse gold occurs in isolated particles, blebs, wires, or inclusions that cannot be quantitatively estimated. The random element of coarse gold dictates that more is present in a mineral system than will ever be identified during drilling. Therefore, once it has been identified on a project, it is incumbent on the technical team to study and characterize the occurrences. This information may be used in the future to build a statistical model to support resource calculations. Based on that kind of work, a qualified person may elect to cap extremely high-grade assays in a resource model. The knowledge that coarse gold exists in a deposit implies that any significant gold intercept is subject to some uncertainty as to the actual contained gold grade.

FireFox’s quality control consultant has recommended that the Company maintain its current sampling procedures, laboratory method selection, and quality assurance protocol. As an extra measure of caution, she also recommended that the Company implement additional cleaning sand during sample preparation between samples within zones identified as likely to be high-grade. The wash sand can be assayed for gold to assess possible carryover between samples.

The Company also plans to work with its consultant and certain expert service providers to initiate another study to rigorously characterize the coarse gold in the high-grade zones at Mustajärvi. The exact nature of the follow-up study will remain confidential as it may constitute a competitive advantage for the Company in its ongoing work. Findings from the study will be evaluated and released, likely in 2023.

Geology and Geochemistry of the High-Grade Drill Intercept

Most of the gold mineralization at Mustajärvi occurs in volcaniclastic or tuffaceous rocks (Sodankylä Group) that occupy the northern footwall of a sheared contact with mafic volcanic and ultramafic rocks of the Savukoski Group to the south. A corridor along the northeast-striking shear zone has been shown by FireFox drilling to be albite-altered with variable silica and sericite for more than 2.0 kilometres. Gold occurs in at least three significant pods or clusters associated with quartz-carbonate-tourmaline-pyrite (QCTP) veins of variable width or with more intense alteration and disseminated pyrite (including semi-massive to massive pyrite). The three zones of drill-indicated gold (so far) are called the Central Zone, the Northeast Target, and the East Target. The most recent drill results have come from the East Target (Figure 1).

FF NR 2022 1

Figure 1 – Mustajärvi East Target Drilling On Magnetics Base Map

In this part of the East Target, FireFox geologists have logged the host unit as tuffites of intermediate composition. The sequence in drill hole 22MJ006 is pervasively altered by albite with variable but intense silica and sericite. There is increased pyrite from approximately 24.5 metres through approximately 36 metres downhole (Figures 2 and 3). The strongest gold values in the mineralized interval are associated with bands or clots of semi-massive to massive pyrite, which is sometimes oxidized in the shallow portions of these holes. The zone is also cut by modest QCTP veins with molybdenite. Structures are frequently in evidence, based on intense fracturing, open space, and intense oxidation.

Gold mineralization has been drilled at Mustajärvi along more than 2.0 kilometres of the Mustajärvi Shear Zone (MSZ). The mineralization has been consistent in its primary geochemical association: bismuth, tellurium, molybdenum, cobalt, nickel, and selenium. There is also low-level silver, copper, lead, zinc, arsenic, antimony, and rhenium. The altered shear zone is typically depleted in arsenic, copper, and zinc with only local minor enrichment in these elements with high gold. The 13.85 metre high-grade gold interval in 22MJ006 contains some of the highest molybdenum (757 ppm) and tellurium (274 ppm) geochemistry yet drilled at Mustajärvi.

One element of the geochemistry may be related to the consistency generally seen in the gold-mineralized intervals from Mustajärvi. Gold is closely associated with tellurium in all the drilling to date on the project. FireFox has seen gold within complex telluride minerals under microscope examination, both as free mineral grains and within pyrite. Gold has also been observed within the mineral molybdenite. Telluride minerals are known to behave in a much more brittle fashion than native gold and electrum, meaning that gold telluride minerals are more likely to be effectively reduced in size during pulverization. This behaviour could account for high-grade gold samples with good repeatability. The rare coarse native gold and electrum would account for the coarse particles captured by the screen fire assay procedure.

FF NR 2022 2

Figure 2 – Photo of drill core (sawed) from hole 22MJ006 – 24m to 30m down hole. (Click HERE for full sized image)

FF NR 2022 3

Figure 3 – Photo of drill core (whole) from hole 22MJ006 – 27m – 34m down hole. (Click HERE for full sized image)

Methodology & Quality Assurance

FireFox team members transported the samples to an ALS sample prep lab in Sodankylä. The samples were sawed then crushed to -2 mm, split and pulverized into 1kg pulps, before being shipped to the ALS facility in Rosia Montana, Romania for gold by fire assay of 50 gm aliquots with AAS finish (method Au-AA24). Samples assaying above 10 g/t gold are automatically re-assayed by a 50 gm fire assay with gravimetric finish (method Au-GRA22). At FireFox’s request, these overlimit assays were completed in triplicate in order to evaluate the homogeneity of the gold in the prepared samples. Other elements, altogether 48, were measured after four-acid digestion by ICP-AES and ICP-MS (method ME-MS61) at the ALS facility located in Loughrea, Ireland.

In this case, FireFox geologists requested that the samples exceeding 10 g/t gold be re-analysed by a 1,000-gm screen fire assay (Au-SCR24) on a new pulp collected from coarse reject. The following is the laboratory procedure as provided publicly by ALS Geochemistry:

The sample pulp is passed through a 106 µm (Tyler 150 mesh) stainless steel screen. Any material remaining on the screen (+) 106 µm is retained and analyzed in its entirety by fire assay with gravimetric finish and reported as the Au (+) fraction. The material passing through the screen [(-) 106 µm fraction] is homogenized and two sub-samples (50g) are analyzed by fire assay with AAS finish (Au AA26 and Au AA26D). The average of the two AAS results is taken and reported as the Au (-) fraction result. All three values are used in calculating the combined gold content of the plus and minus fractions.

The gold values for both the (+) 106 and (-) 106-micron fractions are reported together with the weight of each fraction as well as the calculated total gold content of the sample.

Calculations:

Au^-avg(ppm) = (Au^-(1) + Au^-(2)) / 2

AuTotal(ppm) = ((Au^-avg(ppm) * Wt.Minus(g)) + (Au⁺(ppm) * Wt.Plus(g))) / (Wt.Minus(g) + Wt.Plus(g))

It should be noted that FireFox audited the local ALS sample preparation lab during 2021 and found it to be operating to a high standard. Additional follow-up interactions with the lab after receipt of these results also identified no problems with lab procedures. The consistency of the gold between the original assays and the screen fire assays, in most cases, is a good indication that the sample preparation is likely not introducing contamination. This is because screen fire assays are prepared from the original crushed reject material, which means that rock was not passed through the grinding mills in the first place. The pulverization process is almost always the source of carryover contamination.

ALS Laboratories is a leading international provider of assay and analytical data to the mining industry. All ALS geochemical hub laboratories, including the Irish facility, are accredited to ISO/IEC 17025:2017 for specific analytical procedures. The Firefox QA/QC program consists of insertion of certificated standard material and blanks into the analytical batches, none of which showed significant deviations from recommended values in the reported data.

¹– Mary Doherty is an exploration geochemist and certified professional geologist with more than 35 years’ experience in mining and mineral exploration. She has recently held positions as Exploration Technologies Group Executive and Chief Geochemist for Newmont Goldcorp Mining Corp. and North American Business Development Manager for ALS Minerals. Ms. Doherty is currently an adjunct professor of exploration geochemistry at the Colorado School of Mines and principal of International Geochemical Consultants LLC. She is engaged by FireFox as a consultant but is otherwise independent of the Company.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,
“Carl Löfberg”
Chief Executive Officer
CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2022. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

Sample ID
From (m)
To (m)
Au FA/AA
(g/t)
Au FA/Grav (”Overlimits”)
(g/t)

Au Screen FA**
(g/t)

#1
#2
#3

D110176
30.30
31.30
2.90

D110177
31.30
32.30
6.27

D110178
32.30
33.20
6.41

D110179
33.20
34.20
>10.0
14.20
14.65
14.30
11.05
D110180
34.20
35.00
5.86

D110181
35.00
36.00
9.43

D110182
36.00
37.00
8.55

D110183
37.00
38.00
5.34

SODANKYLÄ, FINLAND – (August 25, 2022) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to report the final results from its 2021 - 2022 drilling program at the Company’s 100%-held Mustajärvi Gold Project in Lapland, Finland. The last two core holes (22MJ017 and 22MJ018) tested the East Target (see Figure 1), which hosts the best drill hole to date from the project: 13.85 metres averaging 14.39 g/t gold in 22MJ006 (see Company news release dated July 13, 2022). Both of these drill holes encountered significant gold mineralization, sometimes coming to surface beneath thin glacial sediments.

Hole 22MJ018 returned multiple significant gold intervals starting near-surface and continuing to depths of approximately 80 metres, an extension of nearly 50 metres down-plunge from previous drilling at this location. The intercepts are summarized below, but in aggregate, the grade-thickness of gold mineralization in this hole is more than 110 gram-metres. FireFox has now drilled six holes into three different target areas at Mustajärvi with > 90 gram-metres of gold mineralization. These intercepts occur along more than 1.5km strike of the shear zone.

The strongest intercepts from both new holes are highlighted below, and additional details are provided in Table 1:

22MJ017: 1.0m at 9.42g/t Au from 70.7m depth;
22MJ018: 11.6m at 5.06 g/t Au from 10.3m depth, including
- 4.2m at 10.60 g/t Au from 17.7m depth;
22MJ018: 4.6m at 7.91 g/t Au from 77.2m depth, including
- 1.7m at 11.19 g/t Au from 77.20m depth.

“These results cap off a very successful program at Mustajärvi that has seen us drill many new gold intervals including three new +100 gram-metre holes,” commented Carl Löfberg, President of FireFox Gold. “While our structural model holds up well in the East Target, the team has also noted some potentially important changes in host rock and alteration. The strike length of the system is impressive and each round of drilling yields high-grade gold intercepts. We are hard at work on the evolving interpretation of the results and planning for more drilling in the last quarter of the year."

Mustajärvi Project and Drill Program Details

FireFox’s structural model identified repetitive dilatant zones along the MSZ where vein swarms and higher-grade gold are concentrated. Three main areas of gold with significant mineralization have been identified along a 2.1-kilometre segment of the MSZ, namely the Central Zone, the Northeast Target, and the Eastern Target. The recently completed drill program at Mustajärvi included 23 diamond drill holes for a total of 4,624 metres between October and May, which included drilling at the Northeast Target and the recently reported drill tests at the Central Zone and Gabbro Target, but much of the focus was on the newly discovered East Target.

The final two drill holes of the campaign were collared in the East Target (see Figure 1) and returned significant gold intervals as shown in Table 1 and described below.

Table 1: Summary of Significant Drill Intercepts Cut-off Grade 0.5 g/t Au

Drill Hole	From (m)	To (m)	*Interval (m)**	Gold (g/t)	Grade - Thickness (gram - metres)
22MJ018	10.3	21.9	11.6	5.06**	58.7
*including*	17.7	21.9	4.2	10.6
*including*			1.3	21.3**
and including	19	20	1.0	7.39
and including	20.9	21.9	1.0	8.42
	30.7	34	3.3	2.97	9.8
including	31.5	32.3	0.8	4.91
and including	33.2	34	0.8	8.57
	46.6	47.6	1.0	6.10	6.1
	62.7	63.7	1.0	0.89	0.90
	77.2	81.8	4.6	7.91	36.3
*including*	77.2	78.9	1.7	11.19**
22MJ017	70.7	71.7	1.0	9.42**	9.42
* Drilling is believed to be perpendicular to the dip of the mineralization, however true widths are not yet known and will be confirmed with additional drilling and geological modelling. ** Selected intervals were subjected to a 1,000gm screen fire assay designed to capture coarse gold

The East Target mineralization exhibits extensive albite – sericite alteration, as is typical along the MSZ, but iron oxide and iron carbonate veining is more common in this eastern part of Mustajärvi. Similar to previously reported holes from the East Target, the gold mineralization is associated with fractures and impregnation of partially oxidized pyrite along fractures, forming blebs, nests, disseminated and semi-massive mineralization within the host rock. The deeper mineralized intervals include the more typical quartz-carbonate-tourmaline-pyrite (QCTP) vein style of mineralization commonly seen at Mustajärvi.

Drill hole 22MJ018 was a twin hole designed to test for depth continuation of gold mineralization identified in drill hole 22MJ011, which was drilled to only 33 metres using a light hybrid drill rig. That hole intersected three significant gold intervals and ended in a 2-metre interval of semi-massive pyrite mineralization that assayed 5.11 g/t Au and was strongly enriched in silver (Ag), bismuth (Bi), tellurium (Te), selenium (Se), cobalt (Co), nickel (Ni), and tungsten (W) (see Company news Release dated July 13, 2022).

Figure 1. Mustajärvi Project drilling locations with target zones over detailed ground magnetics (08/2022)

Drill hole 22MJ018 was collared in thin glacial sediments overlying intensely altered intermediate tuffites and intersected gold mineralization immediately beneath the glacial cover starting at 10.3 m down-hole. Like its predecessor 22MJ011, this hole returned several gold intervals in the top 35 metres, including 11.6 m averaging 5.06 g/t Au. The highest-grade intercept was 1.3 m at 21.3 g/t Au from 17.7 m depth. In addition, the hole successfully confirmed that gold mineralization continues past the depth of the previous hole by at least 46 metres. In fact, the upper 80 metres of the drill hole included a total of 16 assay intervals exceeding 1.0 g/t gold.

The near-surface high-grade gold mineralization is associated with strong enrichment of Co, Ni and Te. The hole intersected semi-massive and massive pyrite intervals that returned 8.1m averaging 0.17% Co from 13.8m depth and 2.3m averaging 0.37% Co from 17.7m depth, including 1.3m averaging 0.46% Co from 17.7m depth.

At approximately 85 metres depth, this drill hole encountered a zone of intensely altered ultramafic volcanic rocks. The ultramafic rocks were only weakly anomalous in gold, but a 4.6 metre interval just above the ultramafics averaged 7.91 g/t gold. This association of disseminated pyrite and fuchsite (a green mica containing elevated chromium) in ultramafic rocks with nearby gold is noted at a number of other gold occurrences in Lapland, as well as other greenstone belts around the world. FireFox geologists have now noted the altered ultramafic rocks in several of the holes in the East Target.

Drill hole 22MJ017 was collared 70 metres to the southeast from drill hole 22MJ018, also in thin glacial sediments (approximately 8.8 metres thick) and passed quickly into unaltered ultramafic volcanic rock. It was designed to test an interpreted magnetic low and possible splay in the MSZ. Drilling passed back into the intermediate tuffites, which are commonly albite-sericite altered and variably veined. One of the QCTP veins at approximately 70.7 metres downhole contained 9.42 g/t gold over 1.0 metre.

Deeper in the hole, faulting appears to increase, and the rock is commonly mylonitized. Thin units of mafic to ultramafic volcanics dominate the lithology below 125 metres depth, often cut by veins of various composition. There are multiple intervals of silica carbonate alteration with variable fuchsite, disseminated pyrite, and (rare) chalcopyrite. Once again, the abundant mylonite cutting chrome-altered mafic and ultramafic rocks appear to underly the gold mineralization in the East Target.

Table 2: Mustajärvi 2022 Collar Information (coordinates presented in EPSG:3067).

Drill Hole	Easting	Northing	Azimuth (°)	Plunge (°)	Final Depth (m)
22MJ017	429154	7501012	320	45	169.6
22MJ018	429088	7501029	140	80	125.3

Methodology & Quality Assurance

FireFox team members transported the samples to an ALS sample prep lab in Sodankylä. The samples were sawed then crushed to -2 mm, split and pulverized into 1kg pulps, before being shipped to the ALS facility in Rosia Montana, Romania for gold by fire assay of 50 gm aliquots with AAS finish (method Au-AA24). Selected samples were assayed with a 1,000 gram Au-SCR24 method (screen fire assays). Other elements, altogether 48, were measured after four-acid digestion by ICP-AES and ICP-MS (method ME-MS61) at the ALS facility located in Loughrea, Ireland.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: +1 778-938-1994

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2022. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (August 17, 2022) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to report additional results from its 2022 core drilling program at the Company’s 100%-held Mustajärvi Gold Project in Lapland, Finland. Of particular note are results from drill hole 22MJ015, which intersected 1 metre averaging 46.93 g/t gold from 33.5 metres down-hole. This hole was collared approximately 40 metres northeast of the easternmost drill hole at the Central Zone. Drill hole 22MJ016 also encountered 1.15 metres averaging 4.4 g/t gold from 94.4m depth on the western end of the Central Zone.

In addition, drilling intersected elevated gold grades within the Gabbro Target in drill holes 22MJ004 and 22MJ013. The Gabbro Target lies farther west at Mustajärvi and has seen very limited drill testing (see Figure 1). These new narrow low grade gold intercepts associated with veining and alteration are considered encouraging for the future potential of this part of the property.

“We believe that this high-grade interval in drill hole 22MJ015 may represent the continuation of a similar vein that we intersected previously”, commented Carl Löfberg, President of FireFox Gold. “If that is the case, then this vein would have a strike length of about 88 metres and remain open along strike to the NE as well as down-dip. This style of mineralization at the contact with the hangingwall ultramafic rocks is less common at Mustajärvi and its geometry is poorly understood at depth. The alteration and low-grade gold in the Gabbro Target also confirms that the Mustajärvi mineral system spans well over 2.0km. While we await results from two more holes in the East Target, it is clear that Mustajärvi holds a lot more potential.”

Table 1, below, summarizes significant intercepts from the recent drill results.

The recently completed drill program at Mustajärvi included 23 diamond drill holes for a total of 4,624 metres between October and May, testing the Eastern Target, the Gabbro Target and the Central Zone (see Figure 1). The results reported herein are from the Central Zone and Gabbro Target, and results are pending from two holes at the Eastern Target.

Mustajärvi Project and Drill Program Details

Central Zone

Drill hole 22MJ015 was collared in the eastern part of the Mustajärvi Central Zone in thin glacial sediments (about 3.5 metres deep), overlying ultramafic volcanic rocks. The hole intersected a mineralized contact between ultramafic volcanic rocks and intermediate tuffites that yielded 1.0m at 46.93 g/t Au from 33.5m down-hole. Gold is associated with semi-massive pyrite mineralization at the contact zone between intensively altered ultramafic rock, with fuchsite, and intensively albitized intermediate tuffites. In addition, the contact zone mineralization is significantly enriched in silver, cobalt, nickel, and tellurium.

Drill hole 22MJ015 extends the Central Zone mineralization about 40 metres towards the northeast from previous FireFox hole 18MJ014. That hole encountered 0.35m averaging 12.26 g/t (See Company news release dated March 1, 2019). Outokumpu Oy also drilled gold at the same contact zone, cutting approximately 1.2m averaging 5.45 g/t gold (See FireFox NI 43-101 Technical Report on www.firefoxgold.com or SEDAR).

Drill hole 22MJ016 was collared in the western part of the Central Zone, approximately 250 metres to the southwest of drill hole 22MJ015. It was also collared in thin glacial sediments (approximately 5.8 metres deep), overlying ultramafic volcanic rocks. The hole intersected several strongly albitized intervals of alteration with a relatively small amount of pyrite mineralization. The best intercept returned an interval of 4.1 g/t gold over 1.15m starting from 94.35m down-hole. The gold in this interval is hosted in quartz-carbonate-tourmaline-pyrite (QCTP) veins related to intensively sericitized, brecciated tuffites with strong pyrite mineralization.

Gabbro Target

Drill holes 22MJ004, 22MJ008, 22MJ009, and 22MJ014 were designed to test various anomalies within the magnetic high on the western end of the permit, which has been shown to be a large mafic intrusive (gabbro). The gabbro is divided by a NE-SW trending structure, corresponding to a strong magnetic low. All these holes intersected contacts between the gabbro unit and altered intermediate tuffites of the Sodankylä group. Only hole 22MJ004 returned notably elevated gold with an interval of 0.95m averaging 0.546 g/t gold starting from 20.8m down-hole. Here, gold mineralization is related to disseminated pyrite hosted at the contact of altered mafic volcanic rocks in the hangingwall (Savukoski group) with metasediments in the footwall (Sodankylä group). No significant gold intercepts were reported from drill holes 22MJ009, 22MJ008 and 22MJ014.

Drill hole 22MJ009 intercepted several individual narrow sections of epidote-altered gabbro with narrow parallel dark quartz veins, resembling a sheeted vein structure, at 53.5m, 61.0m, 74.5m, and 93.0m down-hole. Geologists noted local weak pyrite in the wall-rock to the veins.

Drill hole 22MJ013 was collared about 160m north of hole 22MJ009 and targeted the interpreted northern contact of the gabbro. This apparent contact is marked by a strong magnetic low, which may be linked to another through-going structure. The hole returned 1.0m averaging 0.823 g/t gold starting from 44m down-hole. This mineralization is related to narrow QCTP veins, as commonly seen at Mustajärvi.

Table 1: Summary of Significant Drill Intercepts
Cut-off Grade 0.5 g/t Au

Drill Hole	From (m)	To (m)	*Interval (m)**	Au Grade (g/t)
Central Zone
22MJ015	33.5	34.5	1.0	46.93**
	129.9	130.9	1.0	2.54
22MJ016	94.35	95.5	1.15	4.1
Gabbro Target
22MJ013	44.0	45.0	1.0	0.823
22MJ004	20.8	21.75	0.95	0.546
* Drilling is believed to be perpendicular to the dip of the mineralization, however true widths are not yet known and will be confirmed with additional drilling and geological modelling. ** Selected intervals will be subjected to a 1,000gm screen fire assay protocol designed to capture coarse gold

Figure 1. Mustajärvi Project diamond drilling locations and results status to date on magnetics base map (08/2022).

Table 2: Mustajärvi 2022 Collar Information (coordinates presented in EPSG:3067).

Drill Hole	Easting	Northing	Azimuth (°)	Plunge (°)	Final Depth (m)
22MJ004	427396	7499721	335	45	304.5
22MJ008	427200	7499676	340	45	229.3
22MJ009	427327	7499893	340	45	200.3
22MJ013	427275	7500032	340	45	170.4
22MJ014	427434	7499631	340	45	209.2
22MJ015	427890	7500264	340	45	163.8
22MJ016	427680	7500130	340	45	230.5

Methodology & Quality Assurance

FireFox team members transported the samples to an ALS sample prep lab in Sodankylä. The samples were sawed then crushed to -2 mm, split and pulverized into 1kg pulps, before being shipped to the ALS facility in Rosia Montana, Romania for gold by fire assay of 50 gm aliquots with AAS finish (method Au-AA24). Selected samples were assayed with a 1,000 gram Au-SCR24 method (screen fire assays). Other elements, altogether 48, were measured after four-acid digestion by ICP-AES and ICP-MS (method ME-MS61) at the ALS facility located in Loughrea, Ireland.

Dr. Sven Hönig, Certified European Geologist (EFG EurGeol Title # 1789) and General Manager of Exploration of the Company, is a qualified person as defined by National Instrument 43-101. Dr. Hönig has supervised the field work reported herein and has helped to prepare and approves, the technical information in this news release.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1 778-938-1994

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2022. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (August 9, 2022) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to report that it has completed a detailed airborne magnetic survey over its 100% controlled Naula Project in Lapland, Finland. Naula is a new project for the Company, lying in the western portion of the Central Lapland Greenstone Belt (CLGB), approximately 13 kilometres west of the town of Sirkka and 28 kilometres northwest from the town of Kittilä (Figure 1). FireFox has identified several strong targets at Naula and has applied for exploration permits covering approximately 26 km².

The FireFox technical team collaborated with GoldSpot Discoveries Corp. (“GoldSpot”)(TSX.V: SPOT.V) in the interpretation and evaluation of the new survey. Interpretation of the survey data has considerably upgraded FireFox’s understanding of the geology at Naula, which had been based on widely spaced government magnetics surveys and limited work by others in the area. The data appear to indicate the presence of at least two significant NNE-SSW striking structures that had not been previously mapped. If confirmed, such structures can be highly prospective for gold in Lapland. Flexures in the major structures and their intersections with other faults are high priority targets for follow-up exploration.

Carl Löfberg, FireFox’s President and CEO, commented about the progress at the Naula project, “This new geophysics bolsters our belief in the potential for gold discovery at this property. Applying new technology in geophysics and data processing has identified a structural setting that we believe to be analogous to that hosting the Kittilä gold deposit, which is less than 40 kilometres away from the project. The property is large and at a very early stage, but we are excited about the opportunity presented by the hard work to come. We expect Naula to be our sixth permitted project in Lapland during 2023.”

FireFox is currently formulating plans for a till sampling program over the newly identified structural targets. Coincident anomalies in geophysics and till sampling are common drivers of drill targeting in the search for gold in Lapland.

Project and Program Details

The Naula Project is located in the western portion of the CLGB, just north of the Sirkka Shear Zone (SSZ). The geology of the area is comprised of the Kittilä suite volcanics, which is dominated by tholeiitic mafic flows and graphite bearing mafic tuffites. This volcanic complex is host to Agnico Eagle’s Kittilä gold mine, located 37 kilometres to the east-northeast. The southern boundary of the project area is located less than 2.5 kilometers north from the SSZ, which hosts the nearby historic Saattopora gold mine and numerous other gold deposits.

The majority of the project area is covered by glacial-fluvial sediments, and the outcrop exposure is extremely limited. Previous explorers of the property completed only 500 metres of diamond drilling for geological mapping purposes, and of that, only one of the nine drill holes reached a depth of more than 45 metres. FireFox’s review of the available data indicates that the project area has multiple structural and lithological similarities to the central part of the CLGB and the Kiistala shear zone, on which the Kittilä Mine is situated.

Figure 1. Naula Regional Setting

FireFox completed the airborne magnetic survey over the Naula project in early February 2022. The survey was conducted by the Finnish company Radai, an experienced provider of geophysical surveys using Unmanned Aerial Vehicles (UAV). GoldSpot and FireFox invested additional effort in the interpretation of the data with a focus on identifying possible crustal scale structures and related off-setting faults. This type of structural setting is believed to be prospective for gold mineralization, mimicking the deformation history of the NNE-SSW striking Kiistala shear zone and other significant gold-hosting structures in the region. The 3D inversion of the magnetics reveals at least two significant linear patterns of magnetic low that strike NNE across the property. The westernmost of these is much more significant than the eastern one. Potentially favorable targets occur along that structure where it deflects or intersects with other faults (Figure 2).

In addition to the NNE-SSW major structures, the survey confirmed the presence of numerous NW-SE structures that had been mapped in the area. These are roughly parallel to the throughgoing SSZ and may be related splays of that giant fault system, which is believed to be earlier than the NNE-SSW shear zones (often called a D3 or third deformation event).

Naula had previously been part of a much larger exploration reservation, and FireFox has applied for an exploration permit covering approximately 26 km² of what it considers to be the highest priority ground in the area. Once granted, the permit will allow for mechanized exploration such as base of till (BoT) sampling and diamond core drilling.

August 9 Figure 2

Figure 2. Naula Targets

Qualified Person

Dr. Sven Hönig, Certified European Geologist (EFG EurGeol Title # 1789) and General Exploration Manager of the Company, is a qualified person as defined by National Instrument 43-101. Mr. Hönig has supervised the field work reported herein and has helped to prepare and approves, the technical information in this news release.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1 778-938-1994

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2022. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (July 13, 2022) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is excited to report additional results from its 2022 core drilling program at the Company’s 100%-held Mustajärvi Gold Project in Lapland, Finland. Four holes returned significant near-surface, high-grade gold mineralization, highlighted by hole 22MJ006 in the East Target that returned a 13.85-metre interval averaging 14.39 g/t gold. Expressed in terms of grade-thickness, this interval measures 199 gram-meters of gold, the strongest mineralized interval yet drilled at Mustajärvi (see Table 1 and Figure 1).

The details of several key drill intercepts are highlighted below:

22MJ006: 13.85m at 14.39 g/t Au from 24.2m depth, including
- 5.65m at 25.02 g/t Au; including
- 1.0m at 59.70 g/t Au
22MJ006: 2.0m at 4.30 g/t Au from 11.0m depth
22MJ005: 2.1m at 8.26 g/t Au from 33.6m depth, including
- 1.15m at 12.53 g/t Au
22MJ005: 0.8m at 65.28 g/t Au from 57.0m depth
22MJ011: 8.1m at 3.03 g/t Au from7.9m depth
22MJ011: 2.0m at 5.11 g/t Au from 31.0m depth

FireFox also reports results from seven additional drill holes in the first drill program at the Sarvi Project. There were no significant gold intercepts encountered in those holes, but work is ongoing to interpret those data and develop targets for the next round of drilling on the large property that adjoins Rupert Resources’ Area 1 discovery.

“These results continue to highlight the high-grade gold potential at Mustajärvi,” commented Carl Löfberg, President of FireFox Gold. “Gold mineralization intersected at the East Target starts immediately below shallow overburden and is characterized by multiple high-grade gold intervals that remain open at depth and along strike. We are still awaiting results from two more holes in the area, as well as new tests of the Gabbro Target and Central Zone."

So far this year, 19 diamond drill holes, totalling 2,930 metres have been completed at Mustajärvi testing the East Target, the Gabbro Target and the Central Zone. The results reported herein are from the East Target and results are pending from seven additional holes, including those testing the Gabbro Target, the Central Zone extensions and the last two drill holes from the East Target.

Mustajärvi Project and Drill Program Details

FireFox’s structural model identified repetitive dilatant zones along the MSZ where vein swarms and higher-grade gold are concentrated. Three main areas of gold mineralization have been identified along a 2.1-kilometre segment of the MSZ, namely the Central Zone, the Northeast Target, and the East Target. Four holes had previously been drilled into the East Target, with all four intersecting gold (see FireFox news releases dated August 17, 2021, January 25, 2022 and April 5, 2022). The Company drilled ten holes into the East Target during the recent program concluded in May (See Figure 1). Complete assays on these six holes were received by the Company on July 10, 2022, and assays are still pending from two holes in the area. Four of the recent holes returned significant gold intervals, as shown in Table 1, and summarized below.

Drill holes 22MJ005, 22MJ006, and 22MJ011 were designed to follow up on results reported from 21MJ015 in January 2022, including 2.45m at 7.97 g/t Au, 1.0m at 11.04 g/t Au, and 1.0m at 7.62 g/t Au – all of which were at less than 50m depth below surface.

Drill hole 22MJ005 was collared in thin glacial sediments overlying intensely altered intermediate volcanic tuffites. It intersected multiple near-surface gold mineralized intervals. The gold is associated with fractures and impregnation of partially oxidized pyrite along these fractures, forming blebs, nests, semi-massive and disseminated mineralization within the host rock. The interval also includes the more typical quartz-carbonate-tourmaline-pyrite (QCTP) vein style of mineralization commonly seen at Mustajärvi.

This hole also passed through a zone of altered ultramafic volcanic rocks with fuchsite and pyrite. This interval was not mineralized with gold, but the presence of highly altered ultramafic rocks is encouraging based on other gold occurrences in Lapland.

22MJ005 intersected seven intervals of gold mineralization ranging from 0.8 to 3m in length within the upper 65 metres of the 189-metre-long hole. The shallowest interval started at just 10m down-hole.

Drill hole 22MJ006 extended the near-surface mineralized zone to the north. Mineralization was similar to that observed in hole 22MJ005, comprised of abundant partially oxidized pyrite in blebs, nests, semi-massive, massive and disseminated forms with fewer QCTP veins. The host rocks are highly fractured tuffites of intermediate composition that are pervasively and intensely altered by albite. Three intervals of significant gold mineralization were returned from the upper 45m of the 71-metre-deep hole. The shallowest interval started at 11m down-hole, immediately beneath a thin veneer of glacial sediments.

The high-grade gold mineralization is associated with strong bismuth (Bi), tellurium (Te), and molybdenum (Mo). There are visible blebs and stringers of molybdenite in the interval with concentrations up to 200 ppm Mo. In addition, the pyrite mineralization in this area is enriched in nickel (Ni) and cobalt (Co). Hole 22MJ006 had two intervals of cobalt mineralization within the high-grade gold zone: 1.85m averaging 0.16% Co from 24.15m and 0.36% Co over 3.8m from 26m depth, including 1.0m at 0.50% Co.

Drill hole 22MJ007 is the easternmost hole in the new East Target, located about 100m NE from drill hole 22MJ005. Drilling started in shallow glacial sediments (approximately 7m) and passed into intermediate tuffites. The alteration and chemistry of the narrow intercepts in this hole are similar to the other East Target gold zones, but most of the gold is deeper than the holes to the west. Nevertheless, these intercepts extend the strike of high-grade gold (>5 g/t) to more than 2.1 km along the MSZ.

Drill hole 22MJ011 was collared in shallow glacial cover (approximately 7m) over intermediate tuffs. The hole intersected three near surface intervals of gold mineralization similar in character to the other holes in the East Target. The drill hole was terminated at 33m within semi-massive pyrite mineralization that assayed 8.08 g/t Au and was strongly enriched in silver, bismuth, tellurium, selenium, cobalt, nickel, and tungsten.

Hole 22MJ011 was one of several holes in this campaign drilled with a light hybrid drill rig, which is used primarily for base-of-till drilling but is capable of reaching a maximum depth of 33m when drilling core to support bedrock mapping. Drill holes 22MJ012 and 22MJ020 were also drilled with the hybrid rig. Hole 22MJ011 was successful at intersecting potentially significant gold, and therefore, was subsequently twinned and deepened using a larger diamond drill rig in hole 22MJ018, for which results are pending.

Table 1: Summary of Significant Drill Intercepts
Cut-off Grade 0.5 g/t Au

Drill Hole	From (m)	To (m)	*Interval (m)**	Au Grade (g/t)	G-T (g-m)
22MJ006	11.0	13.0	2.0	4.30	8.6
including	11.0	12.0	1.0	7.01
	24.15	38.0	13.85**	14.39	199.3
including	24.15	29.8	5.65**	25.02
including	28.8	29.8	1.0**	59.70
	42.0	45.0	3.0	1.30	3.90
22MJ005	10.0	13.0	3.0	2.34	7.0
including	12.3	13.0	0.7	5.23
	18.8	21.7	2.9	1.56	4.5
	29.6	31.6	2.0	1.79	3.6
	33.6	35.7	2.1	8.26	17.4
including	33.6	34.75	1.15**	12.53
	43.0	44.0	1.0	2.04	2.0
	57.0	57.8	0.8**	65.28	52.2
	61.9	65.0	3.1	0.90	2.8
22MJ011	7.9	16.0	8.1	3.03	24.5
	27.7	29.2	1.5	2.59	3.9
	31.0	33.0	2.0	5.11	10.2
including	32.5	33.0	0.5	8.08
22MJ007	86.2	87.0	0.8	2.02	1.6
	91.0	92.0	1.0**	9.54	9.5
* Drilling is believed to be perpendicular to the dip of the mineralization, however true widths are not yet known and will be confirmed with additional drilling and geological modelling. ** Selected intervals will be subjected to a 1,000gm screen fire assay protocol designed to capture coarse gold

Figure 1. Mustajärvi Project diamond drilling locations with magnetics and assay status as of July 12, 2022.

The rocks from deeper in these East Target drill holes are strongly sheared and locally brecciated, exhibiting abundant intense sericitization. Disseminated pyrite in the altered host rocks is also more common in this newly drilled mineralization, particularly in the deeper intercepts.

The FireFox team has noted several key differences between the mineralization in the East Target and the high-grade gold reported in 2021 from the Northeast Target, including:

Tourmaline is not as abundant in the East Target, possibly preceding main stage gold;
Gold is most closely associated with pyrite localized by fractures and forming as blebs, nests semi-massive, and massive forms;
Disseminated pyrite is more common in the East Target, with or without significant gold;
Altered ultramafic rocks with fuchsite and pyrite occur close to the gold in the East Target (and the Central Zone), but the ultramafic rocks have not yet been observed at the Northeast Target; and
Fluorite is associated with gold in both zones, but the fluorite at the East Target tends to be below the high-grade gold, whereas it always occurs above the high-grade QCTP veins in the Northeast Target.

The table below summarizes the location information for the 2022 Mustajärvi East Target drill holes.

Table 2: Mustajärvi East Target 2022 Collar Information (coordinates presented in EPSG:3067).

Drill Hole	Easting	Northing	Azimuth (°)	Plunge (°)	Final Depth (m)	Status
22MJ003	429080	7501043	140	65	19.85	Reported Earlier
22MJ005	429109	7501027	320	80	189	Reported Here
22MJ006	429109	7501027	320	45	71.3	Reported Here
22MJ007	429197	7501085	320	45	143.1	Reported Here
22MJ010	429061	7501037	140	80	19.55	Reported Here
22MJ011	429088	7501029	140	80	33	Reported Here
22MJ012	429069	7501059		90	10.8	Reported Here
22MJ017	429154	7501012	320	45	169.6	Assays Pending
22MJ018	429088	7501029	140	80	125.3	Assays Pending
22MJ020	429121	7501037	140	80	16.8	Reported Here

Sarvi Project Drillholes

FireFox further reports that the first round of drill testing of the Sarvi Project has been completed. In addition to follow-up of favourable trench results and other targets in the northwest of the property, several drillholes tested magnetic highs divided by a NE-SW structure with a corresponding magnetic low. Assays from all 12 holes have now been received, including the first five which were reported in FireFox news release dated May 27, 2022. No significant gold intercepts were reported from the most recent seven drill holes, however the program added considerable information to the geological database that will support continued target delineation and drilling. Drill collar information for all 12 holes can be found in FireFox news release dated May 27, 2022.

Methodology & Quality Assurance

FireFox team members transported the samples to an ALS sample prep lab in Sodankylä. The samples were sawed then crushed to -2 mm, split and pulverized into 1kg pulps, before being shipped to the ALS facility in Rosia Montana, Romania for gold by fire assay of 50 gm aliquots with AAS finish (method Au-AA24). Samples assaying above 10 g/t gold are automatically re-assayed by a 50 gm fire assay with gravimetric finish (method Au-GRA22). At FireFox’s request, these overlimit assays were completed in triplicate in order to evaluate the homogeneity of the gold in the prepared samples. Other elements, altogether 48, were measured after four-acid digestion by ICP-AES and ICP-MS (method ME-MS61) at the ALS facility located in Loughrea, Ireland.

ALS Laboratories is a leading international provider of assay and analytical data to the mining industry. All ALS geochemical hub laboratories, including the Irish facility, are accredited to ISO/IEC 17025:2017 for specific analytical procedures. The Firefox QA/QC program consists of insertion of certificated standard material and blanks into the analytical batches, none of which showed significant deviations from recommended values in the reported data.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1 778-938-1994

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2022. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

VANCOUVER, BC – (July 8, 2022) – FireFox Gold Corp. (“FireFox” or the “Company”) announces, effective July 7, 2022 that, subject to regulatory acceptance, it has completed the second and final tranche of the non-brokered private placement (the “Private Placement”) announced on June 14^th, 2022. In completing the second tranche, FireFox has increased the total gross proceeds of the Private Placement to $502,010.

In this final tranche, the Company has raised gross proceeds of $50,000 by issuing 357,143 units of the Company at a purchase price of $0.14 per unit. Each unit consists of one common share of the Company and one common share purchase warrant, with each whole warrant being exercisable to acquire one additional common share of the Company at an exercise price of $0.21 per share for a term of two years from the date of issuance. The Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation.

The Company intends to use the proceeds of the Private Placement for general corporate purposes, working capital and exploration activities on FireFox’s gold exploration properties in Finland.

FireFox will pay to qualified finders $2,520 in cash finders fees and will issue 15,000 finders warrants exercisable at $0.21 for 2 years from the date of issuance in association with the first tranche of the Private Placement.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 778-938-1994

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the expected total financing amounts, terms, and timeframe; and the current and future work program, including the extent and nature of exploration to be conducted in 2020. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

VANCOUVER, BC – (July 4th, 2022) – FireFox Gold Corp. (“FireFox” or the “Company”) announces, effective June 29, 2022 that, subject to regulatory acceptance, it has completed the first tranche of the non-brokered private placement (the “Private Placement”) announced on June 14th, 2022. The Company intends to complete a second tranche of the Private Placement before July 14, 2022.

In this first tranche, the Company has raised total gross proceeds of $452,010 by issuing 3,228,643 units of the Company at a purchase price of $0.14 per unit. Each unit consists of one common share of the Company and one common share purchase warrant, with each whole warrant being exercisable to acquire one additional common share of the Company at an exercise price of $0.21 per share for a term of two years from the date of issuance. The Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation.

The Company intends to use the proceeds of the Private Placement for general corporate purposes, working capital and exploration activities on FireFox’s gold exploration properties in Finland.

Certain directors, officers and other insiders of the Company purchased or acquired direction and control over a total of 387,143 units under the private placement. The placement to those persons constitutes a “related party transaction” within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”) adopted in the Policy. The Company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61 101 in respect of related party participation in the placement as neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involved the related parties, exceeded 25% of the Company’s market capitalization (as determined under MI 61-101).

FireFox will pay to qualified finders $1,680 in cash finder’s fees and will issue 10,000 finders warrants exercisable at $0.21 for 2 years from the date of issuance in association with the first tranche of the Private Placement.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 778-938-1994

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the expected total financing amounts, terms, and timeframe; and the current and future work program, including the extent and nature of exploration to be conducted in 2020. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

VANCOUVER, BC – (June 14, 2022) – FireFox Gold Corp. (“FireFox” or the “Company”) announces that it intends to raise up to $1,000,000 by way of a non-brokered private placement (the “Private Placement”). The Private Placement will consist of up to 7,142,857 units of the Company (“Units”) at a price of $0.14 per Unit. Each Unit will consist of one common share of the Company ("Common Share") and one common share purchase warrant ("Warrant"), with each whole Warrant being exercisable to acquire one common share of the Company (a “Warrant Share”) at an exercise price of $0.21 per Warrant Share for a term of two years following the closing of the Offering.

It is anticipated that the proceeds of the Private Placement will be used for general working capital and exploration activities on FireFox’s gold exploration properties in Finland. Prior to this financing, FireFox has 112.7 million shares outstanding, 27.1 million warrants, and 7.6 million stock options issued.

The Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. The Company anticipates that the Private Placement will close on or about June 28, 2022. The Company expects to pay finder’s fees in association with this financing.

About FireFox Gold Corp.

For more information, please refer to the Company’s website www.firefoxgold.com and profile on the SEDAR website at www.sedar.com .

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

VANCOUVER, BC, June 02, 2022 – FireFox Gold Corp. ("FireFox" or the "Company") (TSXV: "FFOX") announces that the Company has entered into an agreement with Oy Kati Ab Kalajoki ("Kati"), an arm's length party, pursuant to which the Company will issue common shares of the Company in full satisfaction of drilling services (the "Services") provided by Kati in Northern Finland.

The Company has received invoices from Kati for work performed to March 31, 2022 and under the Agreement will issue 1,056,997 common shares to Kati with a value of $0.15 per share in settlement of invoices totaling $158,549.

The securities will be subject to a four month hold period, expiring October 02, 2022. This shares-for-debt arrangement is subject to the approval of the TSX Venture Exchange.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 778-938-1994

Forward Looking Statements

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include statements regarding: the current drill program, including the expected number, depth, location, and direction of the drill holes; the timing of assay results; and possible extensions of mineralization along with its thickness and quality. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary. The forward-looking statements contained in this press release represent the expectations of FireFox as of the date of this press release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

It should also be noted that while FireFox’s properties are sometimes adjacent to or nearby operating or historic gold mines or active gold projects being advanced by other companies, the mineralization on properties nearby FireFox’s land packages is not necessarily indicative of mineralization on FireFox’s properties.

SODANKYLÄ, FINLAND – (May 27, 2022) – FireFox Gold Corp. (TSX.V: FFOX) (OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to provide an update on exploration at its 100%-controlled Sarvi and Mustajärvi gold projects in Lapland, Finland. FireFox has drilled approximately 8,319m of diamond core to date in the 2021-2022 drill program on the Jeesiö, Mustajärvi, and Sarvi Projects, including the first 12 holes at Sarvi. This release includes a summary of drill results from the first five widely spaced holes across the northern section of the Sarvi target area (See Figure 1).

This program also includes new drilling at the Mustajärvi Project, where possible extensions to the high-grade shear-zone-hosted gold mineralization have been tested at the East Target and Gabbro Target. The new drilling includes 10 holes, five holes at the East Target and five holes at the Gabbro Target. Results are pending for all of these recent holes.

The first hole at Sarvi, 22SA001, intersected low grade but significant gold mineralization across several intervals in an apparent downdip extension of the anomalous gold encountered in FireFox’s first trenches in the area (see Company news release dated January 20, 2022). The rocks in this area are tholeiitic basalt, graphite tuff, and iron formation, which are interpreted to straddle the contact with the Porkonen Formation. This is the formation that hosts much of the Kiistala Shear Zone and Kittilä Mine to the west and northwest from Sarvi.

The gold zones in this hole were often accompanied by highly elevated silver and base metals, as summarized below:

17.0m at 0.134 g/t Au from 111.0m downhole depth, which was part of a thicker interval of high silver (25.5m at 1.94 g/t Ag);
2.60m at 0.189 g/t Au from 145.0m downhole and 7.20m at 0.119 g/t Au from 158.0m downhole, both of which are within an interval of 45.0m of elevated silver (1.29 g/t Au);
Additional narrow intervals of highly anomalous gold, including 1.0m at 0.42 g/t Au from 218.0m downhole; and
Associated enrichment in arsenic (As), antimony (Sb), bismuth (Bi), copper (Cu), molybdenum (Mo), tellurium (Te), zinc (Zn), and other elements.

“The team has drilled at four separate target areas during this campaign, and it is appropriate to finish up at Sarvi and Mustajärvi. The initial results at Sarvi are encouraging as we encountered significant low-grade gold and silver mineralization associated with graphite-bearing tuffites and iron formation, a favorable setting for gold mineralization in Lapland. Our first-ever drill hole at Sarvi confirmed the anomalous gold encountered in our trenches, and we have many other targets to test based on the base-of-till and magnetic anomalies to the southeast from these first drill holes. It is also important that we have drilled significant new step outs in the East Target and Gabbro at Mustajärvi. We look forward to receipt of the remainder of our assays from drilling at both projects during the summer,” commented Carl Löfberg, President and CEO of FireFox.

Figure 1 - Sarvi Project with Geology and Drill Hole Locations

Sarvi Program Details

The first drill campaign at Sarvi included 12 widely spaced drill holes totaling 2327.8 metres. The FireFox team targeted these holes based on both geochemical anomalies from base-of-till (BOT) sampling and prospective structural features interpreted from detailed geophysical data. Results for the 5 holes in the northwest portion of the original Sarvi permit are presented here.

Portions of the tholeiitic basalt, mafic (graphite) tuff, and banded iron formation that are interpreted to underlie the northwestern portion of the Sarvi Project are believed to be part of the Porkonen Formation. The Kiistila Shear Zone, which hosts Agnico Eagle’s Kittilä Mine, cuts through the Porkonen Formation to the northwest from the Sarvi Project. FireFox geologists noted anomalous Au, Ag, As, Sb, Bi, Cu, Mo, Zn, and other elements in the BOT sampling in this part of the Sarvi Project. Prospecting also revealed localized areas of outcrop exhibiting silicification, partially oxidized sulfide minerals (gossan), and highly anomalous As and base metals. Follow-up trenching in 2021 confirmed the presence of elevated gold and associated elements, highlighted by 18.0m averaging 0.23 g/t Au. Drill hole 22SA001 confirms the continuation of this low-grade gold zone to depth.

The first drill hole passed through graphite-bearing tuff and schists in the upper portion of the hole with occasional semi-massive to massive pyrrhotite (lesser pyrite) that appear to be exhalative in nature. The exhalate horizons are sometimes cut by iron-carbonate veins and stockworks. The best gold zone is 17.0m at 0.134 g/t, but much of the upper portion of the hole is anomalous in Au, and gold enrichment is always associated with elevated Ag, As, Sb, Bi, Cu, Mo, Te, and Zn. At greater depths in the hole, sphalerite (zinc sulfide) is associated with the iron-carbonate veining. Copper and zinc are also broadly elevated in the hole, but isolated maximum values in the hole are 0.2% for Cu and 0.54% for Zn.

Below the anomalous sulfide-rich zones in the tuff and schists the drill hole passed into more massive mafic volcanics without abundant sulfides. Given the wide spaced drilling and limited sampling in the area so far, this target remains open in all directions for follow-up exploration.

Drill holes 22SA002, 003, and 004 were aimed at various anomalies from till and heavy mineral sampling. These holes penetrated similar volcanic geology, but with more massive volcanic units and much less evidence of exhalite or sulfide mineralization. Each of the holes exhibited anomalous geochemistry in pathfinder elements but without corresponding significant enrichment in gold or silver.

Drill hole 22SA005 was located farther to the northeast to test anomalous BOT geochemistry and an interpreted structure. The hole encountered deeper water black shales and graphitic mudstones, but the hole collapsed in a fault zone and was terminated at 172m depth. The final sample in the hole assayed 31.2 g/t silver, but without corresponding enrichment in gold.

The remaining drill holes at Sarvi were drilled in a different geological setting on the southeastern third of the permit area. The geology in that area is interpreted to be dominated by mafic volcanics, volcaniclastics, graphite schists, and sedimentary rocks. Most of the drilling in that area was targeted on geochemical BOT anomalies associated with magnetic lows and interpreted faults, some of which are projected from areas to the south being explored by Rupert Resources and B2 Gold. The results for holes 22SA006 to 22SA012 are not yet complete and will be reported separately.

Table 1. Sarvi Collar Information (coordinates presented in EPSG:3067)

Drill Hole	Easting	Northing	Depth (m)	Azimuth (°)	Plunge (°)
22SA001	451740.4	7501785	253.7	140	45
22SA002	452260.5	7501192	271.4	135	45
22SA003	453513.1	7501236	214.7	100	45
22SA004	453606.7	7501589	232.8	360	45
22SA005	454323.6	7502130	171.7	360	45
22SA006	453834	7500785	139.8	180	45
22SA007	454429	7501047	214.6	180	45
22SA008	454535	7500809	200	125	45
22SA009	454528	7500890	99.7	180	45
22SA010	455178	7500633	178.2	300	45
22SA011	454850.4	7501168	145.7	120	45
22SA012	454574.9	7500582	205.5	310	45

Mustajärvi Update

Following the completion of the drilling at Sarvi, FireFox moved the drill rig back to the Mustajärvi Project. On April 5, 2022, FireFox reported results from two holes in the high-grade zone at the Northeast Target and one shallow hole in the East Target. The team has completed 10 additional holes at Mustajärvi so far with several more holes pending. The new drilling includes five holes into the East Target and five holes into the Gabbro Zone on the western end of the property (see Figure 2).

The focus of this drill campaign has been on new targets with significant potential to extend the thickness and strike length of known gold mineralization at Mustajärvi. The East Target has already yielded several significant intercepts of near-surface gold, such as 4.0m averaging 6.35 g/t of Au from 13.6m down hole, including 0.8m at 25.93 g/t Au (see Company news releases dated January 25 and April 5, 2022).

The program is on-going and expected to be completed by the end of the month.

Figure 2 - Mustajärvi Project Showing Current Drilling in Progress

Methodology & Quality Assurance

QP Statement

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2022. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (May 12, 2022) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) reports that it has completed a detailed airborne geophysical survey focused on its vast Kolho Property in Lapland, Finland. This is the third phase of airborne surveying completed over the Company’s Northern Group of properties in the last two years and extends the contiguous coverage of the Company’s detailed magnetics data in the region to more than 250km² (see Figure 1 below). FireFox is also pleased to announce that it is lodging several applications for exploration permits covering most of the Kolho reservation.

Carl Löfberg, President and CEO of FireFox commented “Our field mapping at the Kolho property had suggested that it was a structurally complex area with geological analogies to the settings of the region’s multi-million-ounce gold deposits. This magnetics survey has confirmed structural similarities to both the Kittilä Mine and the Ikkari deposit, and identified new, previously unmapped structures, all of which provide exciting exploration targets for follow-up work.”

Highlights of the magnetics data from the Kolho area include:

Similarities, in both in EM and Mag, between the eastern-central Kolho property and the setting of Rupert Resource’s Ikkari deposit (see Figure 2 below); and
Banded N-S features forming a trend running NW through the Sarvi-Lehto-Kolho properties show similarities to the Kittilä/Kiistala shear zone (see Figure 3 below); and
New unmapped structures were identified and provide further targets for exploration (e.g. SE Kolho with isoclinal folding and crosscutting features and/or central Kolho where two new major structural intersections were interpreted).

Based in part on these new geophysics, combined with data from reconnaissance geological traverses, mapping, and sampling, FireFox is making application for five separate exploration permits, which will substantially cover the Kolho exploration reservation and allow for detailed mechanized work including drilling. The FireFox technical team continues to evaluate the magnetics data to focus follow-up work planned for 2022-23. Two priority targets have been identified based on similarities in apparent structure and magnetics to the Ikkari discovery (see Figure 2 below). Additional targets will be generated in advance of the next phase of exploration, which is likely to include base-of-till (BoT) sampling that is expected to commence in the most prospective parts of the Kolho Property late this year.

Airborne Magnetics Survey Details

The recently completed airborne magnetics survey covered more than 100km² focused mainly on the Kolho Property in the eastern portion of the Northern Group. Including previous surveys completed in 2020 and 2021, the Company now has over 250km² of contiguous magnetics survey data for the area. The recent work was conducted by the Finnish company Radai, who have extensive experience in providing geophysical surveying using unmanned aerial vehicles (UAV). Further structural interpretations for the geophysical survey data were conducted by the technical team from GoldSpot Discoveries Corp. (TSX.V: SPOT).

The Kolho Property is comprised of a vast area along a major geologic break – the eastern contact between the Kittilä suite and Savukoski group rocks. This contact is a major thrust verging to the east, towards the Sodankylä group quartzites and the Archean Pomokaira complex (granodiorites and tonalite gneisses). This contact zone forms a 23-kilometer-long thrust zone, which the Kolho Property straddles.

The Kittilä suite rocks are bordered by the Sodankylä and Savukoski group rocks in the east, and elsewhere by various types of granitoids. The Kittilä suite comprises volcano-sedimentary remnants of an oceanic island arc and an ophiolitic rim obducted onto passive margin terranes later intruded by post collisional granites. The Kolho Property is structurally complex and hosts a lithologic package analogous to that seen at Rupert Resources’ Area 1, which is a high-priority exploration model for all Lapland explorers.

Further data interpretation revealed multiple areas where these prospective lithologies are either significantly folded or cross-cut by several proposed structures. The more detailed data also revealed previously unmapped structures in the area.

Figure 1. FireFox UAV Magnetic Interpretation over Northern Properties

Figure 2. Regional Magnetics over Northern Properties

Figure 3. Regional Structural Overview

QP Statement

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2022. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (May 5, 2022) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to report that it has concluded its winter exploration program at the Sarvi Gold Project in Lapland, Finland. The program included a significant base-of-till (BoT) sampling campaign and a 12-hole maiden diamond drilling program (see Company news release dated January 20^th 2022). Having met its work commitments under the option agreement with Magnus Minerals, the Company now intends to exercise the option to acquire a 100% interest in the group of properties that includes the Sarvi Project. The project includes three valid exploration permits that occupy approximately 8-km along the northern boundary of Rupert Resources’ Area 1 discovery.

FireFox Chairman Patrick Highsmith commented, “The Sarvi Project is without a doubt one of our most exciting projects. Even before receiving results from the recent program, we are keen to exercise our option for the core Sarvi property to secure a 100% interest in the project almost five months ahead of schedule. The option also includes the Lehto property to the north, which hosts similar geology but where we have yet to do detailed work.”

Results from the BoT sampling and core drilling are expected over the next two months. These initial results will be important to guide the focus of the phase 2 drilling program at Sarvi, which will commence in the fourth quarter of this year.

Option Exercise

On August 21, 2018, the Company entered into an option agreement (“the Seuru Option”) with Magnus Minerals Ltd. (“Magnus”) to acquire a 100% interest in mineral exploration reservations (properties) in the Central Lapland Greenstone Belt of northern Finland. Since then, some of the properties have been evaluated and dropped, while other reservations and permits have been added and are subject to the conditions of the agreement (please refer to FireFox’s management discussion and analysis filings for more details).

In order to exercise the Seuru Option, FireFox has completed the following commitments:

issued 1,500,000 shares,
made cash payments to Magnus totalling $150,000, and
incurred C$1.5M in mineral exploration expenditures on the Seuru properties

FireFox will make a final payment to Magnus of $50,000 during May, ahead of the scheduled deadline of October 5, 2022.

Magnus will retain a 1.5% NSR royalty on production from the properties, 0.5% of which can be purchased for 1,000 troy ounces of gold.

Qualified Person

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2022. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (April 5, 2022) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to provide an update on winter drilling at its wholly-owned Mustajärvi and Jeesiö Projects. This report includes a summary of results from three more diamond core holes at Mustajärvi and seven core holes at the Utsamo and Saittavaara targets at Jeesiö. In total, these news holes constitute 2,157 metres (m) of drilling.

The results from the Phase 5 drill program at Mustajärvi included holes totaling 2,337m. The results from four earlier holes were announced in a Company news release dated January 25, 2022. The objectives of this program were to better define the controls on the bonanza grade mineralization in the Northeast Target and to test magnetic and structural features at the East Target to determine if a robust mineral system extends into that area (see Figure 1, below).

The three holes reported today include new gold intercepts around the high-grade zone in the Northeast Target and a very shallow new gold intercept in the East Target. At the East Target, a new hybrid drill rig intercepted gold associated with disseminated and vein pyrite in altered tuffites coming quite close to surface (22MJ003). Two new holes offsetting the high-grade zone in the Northeast Target (22MJ001 and 22MJ002) also encountered significant gold mineralization, confirming the northeast strike and southeast dip of the en echelon vein system.

Highlights of Phase 5 2022 Drilling at Mustajärvi

Drill hole 22MJ003 returned 4m averaging 6.35 grams per tonne (g/t) of Au from 13.6m down hole, including 0.8m at 25.93 g/t Au;
Drill hole 22MJ001 returned multiple narrow intercepts of 5.76 to 15.92 g/t Au, including
- 1.9m averaging 8.96 g/t Au from 149.8m downhole, including 1.0m at 14.5 g/t Au; and
- 1.0m at 8.09 g/t Au from 164.3m downhole; and
- 1.25m at 8.32 g/t Au from 180.0m downhole, including 0.6m at 15.92 g/t Au; and
- 1.35m at 5.76 g/t Au from 203m downhole;
Drill hole 21MJ002 intersected the high-grade zone up dip to the west in a narrow interval of 0.6m averaging 5.98 g/t Au from 154.3m downhole, as well as several narrow intercepts of 1.06 to 1.86 g/t Au shallower in the hole.

The early-stage drilling at the Jeesiö Project did not return significant gold intercepts, but the structural zone at the Utsamo Target continues to return encouraging evidence of faulting, alteration, and anomalous geochemistry.

“Drilling along the strike of the inferred mineralization on both the East Target and Northeast targets at Mustajärvi has not only confirmed the continuation of gold mineralization within the controlling structures but also aided in defining their orientation,” commented Carl Löfberg, President and CEO of FireFox. “This information will help us target additional potential high-grade gold mineralization in future drill programs. We are very excited to see the results later in the spring when we focus the drill rig on the wide open, shallow mineralization at the East Target and on the new targets in the gabbro to the southwest of the permit.”

The drilling program has moved on to FireFox’s Sarvi Project. However, further drilling is planned at Mustajärvi later this spring. New drilling will focus on the East Target and new targets in the southwest part of the permit. The East Target has now yielded multiple intercepts of strong gold mineralization that are open in all directions.

Mustajärvi Project and Drill Program Details

The Mustajärvi Project lies along the highway between the cities of Kittilä and Sodankylä, approximately 17 kilometres (km) east of Kittilä. The property straddles the Mustajärvi Shear Zone (MSZ), a major right-lateral shear zone that has associated second and third-order structures that further dissect the project into separate structural zones. The Sodankylä Group rocks, which are primarily to the north of the shear zone in the footwall, include metamorphosed sedimentary and volcaniclastic rocks. Geophysics and drilling have identified an extensive corridor of albite – sericite alteration in the footwall along more than 2km of the structure. The project remains at an early stage as FireFox and predecessor companies have only drilled approximately 9,357 metres to date.

FireFox’s structural model identified repetitive dilatant zones along the MSZ where vein swarms and higher-grade gold are concentrated. Three main areas of gold mineralization have been identified along a 2.1-km segment of the MSZ, namely the Central Zone, the Northeast Target, and the East Target. The Central Zone and Northeast Target both host bonanza grade gold associated with clusters of veins in the footwall of the shear zone and are separated by more than 700m. The Northeast Target hosts the best drill intercepts to date including drill holes 21MJ001 and 21MJ010, which both returned high-grade intervals equivalent to approximately 150 gram-metres of gold (expressed as gold grade * thickness of mineralization) (see Company news releases dated June 17 and September 9, 2021). The East Target was first identified in the phase 4 drill program when two holes were drilled based on the new structural model, and both intersected modest shallow gold-mineralized intervals (see Company news release dated August 17, 2021). The East Target represents the third zone of dilation along the MSZ predicted by structural model.

Within the East Target area, hole 22MJ003 was collared about 750m northeast of the high-grade zone and 55 m to the northwest of the previously released drill hole 21MJ015 (refer to Company news release dated January 25^th, 2022). This hole was a test of a new light hybrid drill rig designed for BOT sampling but having the capability to drill cost-effective diamond core to approximately 25m depth.

This test was a success, resulting in a core hole completed to a depth of 19.8m that intercepted lithology and mineralization similar to that found in 21MJ015. Gold was hosted in strongly altered and kaolinized intermediate tuffite metavolcanics with vein and disseminated pyrite mineralization. The best interval in the hole was 6.35 g/t Au over 4.4m (including 0.8m at 25.93 g/t Au) from 13.6 metres down hole. This shallow intercept is considered significant as all four holes in the East Target have intercepted gold mineralization, which remains open in all directions (see Figure 1).

Figure 1. Mustajärvi Gold Project Drill Hole Plan Map

April 4 Figure 1 Final

In the Northeast Target area, drill holes 22MJ001 and 22MJ002 were collared in the vicinity of the bonanza grade mineralization in order to confirm and extend its strike. Drill hole 22MJ001 was collared 20m northeast of 21MJ010, and drill hole 22MJ002 was collared 10m to the west-southwest from 21MJ010.

Both of these drill holes encountered the extensive alteration system cut by multiple quartz-carbonate-tourmaline-pyrite (QCTP) veins with significant gold grades (see Figure 2). Based on apparent strike, dip, depth, and vein mineralogy, the team is confident that these intercepts confirm continuity of the high-grade zone, even though grade and thickness vary, as previously reported. The strongest gold intercepts come from 22MJ001, including: 1.9m averaging 8.96 g/t Au starting 149.8m downhole, which includes 1.0m at 14.50 g/t Au; 1.0m at 8.09 g/t Au from 164.3m downhole; 1.25m at 8.32 g/t Au from 180.0m downhole, including 0.6m at 15.92 g/t Au; and 1.35m at 5.76 g/t Au from 203.0m depth. This hole extends the mineralized zone by approximately 12m to the east-northeast from high-grade intercepts in 21MJ010.

Drill hole 22MJ002 was collared 10m to the west-southwest from hole 21MJ010 and intersected several narrow QCTP-veins within the strongly altered intermediate tuffite. The best interval yielded 0.6m averaging 5.98 g/t Au from 154.3m downhole. This intercept appears to be up dip from the original high-grade intercepts. Shallower in the hole, there were other notable intervals within the hole including: 0.95m at 1.86 g/t Au from 133.7m downhole, 0.8m at 1.86 g/t Au from 136.2m, and 0.5m at 1.06 g/t Au from 139.9m downhole.

Interpretation of the results suggests that the Northeast Target gold-controlling structure trends sub-parallel with the main shear zone and lithological contact in a southwest-northeast direction and dips toward the east-southeast dip. The axis of the high-grade portion of this system is believed to represent an en-echelon structure that plunges approximately 35°-40° the northeast.

Figure 2. Mustajärvi Cross-Section, Northeast Target

firefox news2

Jeesiö Drill Program Update

FireFox has also received results for the reconnaissance drilling campaign that commenced late in 2021 at the Company’s 100% held Jeesiö Project (see Company News Release dated November 11^th, 2021). A total of seven holes were drilled, including five at the Utsamo target totaling 1,113m and two at the Saittavaara target totaling 400m (see Table 1).

Previous drilling at the Utsamo target intersected significant fault zones, which are believed to be part of the Sirkka Shear Zone. The recent Utsamo drilling program was aimed at multi-element anomalies from BOT sampling completed across the structural zone and additional interpreted structures from the geophysical data (see Figure 3). The BOT anomalies included multiple pathfinder elements for orogenic gold, such as gold, tellurium, bismuth, arsenic, and antimony (see Company news release dated October 26th, 2021). Drill holes 21JEE004 and 21JEE005 targeted one of the strongest BOT geochemical anomalies in the northwestern part of the Utsamo target area. Both drill holes intersected thin intervals of albitized metasediments with disseminated and vein-related pyrite, but no significant gold. Drill hole 21JEE006 targeted the same interpreted structure, farther to the northwest from 21JEE004 and 21JEE005. This drill hole intersected a significant fault zone, and the drilling was terminated due to technical issues at 208.8m downhole.

Drill hole 21JEE007 was collared in the central part of the Utsamo target testing another geochemical anomaly, approximately 1.08km southeast from 21JEE004. This drill hole intersected a package of strongly faulted and altered metasediments with varying mafic volcanic and intrusive rocks but no significant gold. Drill hole 21JEE008 was targeted on another interpreted structural feature that apparently cuts an interpreted gabbroic intrusive in the southeast of the target area. The drilling did not confirm the presence of a structure.

Drill holes 21JEE009 and 21JEE010 were drilled at the Saittavaara Prospect, approximately 10km south of Utsamo, where a near-surface zone of 4.0m averaging 2.03 g/t Au, including 2.0m at 3.18 g/t Au was reported from scout drilling in 2021 (see Company news releases dated August 3rd, 2021). Despite favorable indications from the geophysics, the drilling did not encounter the same strong deformation or alteration previously seen in the area.

Figure 3. Jeesiö Project Drill Holes, Utsamo Target

April 4 Figure 3

Table 1. Collar Information (coordinates presented in EPSG:3067)

Drill Hole	Easting	Northing	Azimuth (°)	Plunge (°)	Final Depth (m)
*Mustajärvi Drill Holes*
22MJ001	428471	7500700.7	327	71	349.5
22MJ002	428447	7500681.1	340	70	274.4
22MJ003	429080	7501043	140	65	19.85
*Jeesiö (Utsamo) Drill Holes*
21JEE004	470026.5	7489087	227	-45	234.8
21JEE005	469947.3	7489074	227	-45	238.4
21JEE006	469636	7489102	227	-45	208.8
21JEE007	470829.7	7488357	225	-45	204.6
21JEE008	472242	7487137	0	-45	226.7
*Jeesiö (Saittavaara) Drill Holes*
21JEE009	469853.4	7478346	60	-45	204.4
21JEE010	470061.4	7478293	240	-45	195.5

The core was transported from the rig to the Company´s core storage facility in Sodankylä, where FireFox’s exploration team conducted the geological and geotechnical logging and selected the assay intervals. Assay intervals were generally 1 metre but in some circumstances were modified according to lithological boundaries and other factors. FireFox geologists maintained chain of custody and applied sampling procedures according to best industry practice and with due attention to quality assurance and quality control, including sampling field duplicates and insertion of certified standard and blank samples.

Methodology & Quality Assurance

FireFox team members transported the samples to an ALS sample prep lab in Sodankylä. The samples were first crushed to -2 mm, split and pulverized into 1kg pulps, before being shipped to the ALS facility in Rosia Montana, Romania for gold by fire assay of 50 gm aliquots with AAS finish (method Au-AA24). Gold values which exceeded 10 ppm were assayed in triplicate by fire assay with a gravimetric finish (method Au-GRA22, Au-GRA22d and Au-GRA22t). Selected samples were assayed with a 1,000-gram Au-SCR24 method (screen fire assays) based on the presence of visible gold. Other elements, altogether 48, were measured after four-acid digestion by ICP-AES and ICP-MS (method ME-MS61) at the ALS facility located in Loughrea, Ireland.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2022. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (January 25, 2022) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to announce results for the first four diamond core holes from the phase 5 drilling program at the Company’s 100%-held Mustajärvi Gold Project. This round of drilling included three holes in the same section of the Northeast Target from which bonanza-grade gold was previously reported and one hole at the East Target. All four holes returned significant gold assays (grades exceeding 3.0 g/t). The new hole in the East Target was especially interesting as it represents a step-out of more than 100 metres (m) from the nearest drilling, over 750m from the high-grades in the Northeast Target, and approximately 1.6 kilometers from the Central Zone. Two additional holes from the Northeast Target at Mustajärvi are awaiting results.

HIGHLIGHTS OF THE PHASE 5 DRILLING

Drill hole 21MJ014 confirmed the presence of the bonanza grade zone at the Northeast Target by intercepting 1.5m at 45.85 g/t Au from 168.5m depth, including 0.5m at 130.5 g/t Au - total grade-thickness of gold mineralization at 102 gram-metres
Drill hole 21MJ013 extended the bonanza grade zone with an intercept of 0.75m of 41.46 g/t Au from 157.15m depth
Confirmed the presence of at least one additional gold-bearing vein system in the Northeast Target dipping north, as opposed to the prevailing south dip of the veins reported to date
The first intercept of high-grade mineralization in the East Target in drill hole 21MJ015, with 1.0m at 11.04 g/t Au from 51.8m depth, including 0.6m at 14.8 g/t Au

Carl Löfberg, President and CEO of FireFox, commented, “We are very pleased with the work by our technical team to unravel the complex structural controls on the high-grade gold at the Northeast Target. Their initiative has resulted in more bonanza grade intercepts and clear direction on where to drill next. The shallow high-grade intercepts at the East Target may be even more significant as that drill hole extends the Mustajärvi system to more than 1.6km of strike with gold intercepts of greater than 10 g/t. Mustajärvi is only one of four permitted FireFox projects in Lapland, but we are reaping the benefits of what we learn here in our drilling elsewhere.”

Mustajärvi Project and Drill Program Details

The Mustajärvi Project lies along the highway between the cities of Kittilä and Sodankylä, approximately 17 kilometers east of Kittilä. The property straddles the Mustajärvi Shear Zone (MSZ), a major right-lateral shear zone that has associated second and third-order structures that further dissect the project into separate structural zones. The Sodankylä Group rocks, which are primarily to the north of the shear zone in the footwall, include metamorphosed sedimentary and volcaniclastic rocks. Geophysics and drilling have identified an extensive corridor of albite – sericite alteration in the footwall along more than two kilometers of the structure. The project remains at an early stage as FireFox and predecessor companies have only drilled approximately 8,700 metres to date.

FireFox’s structural model identified repetitive dilatant zones along the MSZ where vein swarms and higher-grade gold are concentrated. Three main areas of gold mineralization have been identified along a 2.1-kilometre segment of the MSZ, namely the Central Zone, the Northeast Target, and the East Target. The Central Zone and Northeast Target both host bonanza grade gold associated with clusters of veins in the footwall of the shear zone and are separated by more than 500 metres. The Northeast Target hosts the best drill intercepts to date including phase 4 holes 21MJ001 and 21MJ010, which both returned high-grade intervals equivalent to approximately 150 gram-metres of gold (expressed as gold grade * thickness of mineralization) (see Company news releases dated June 17 and September 9, 2021). The East Target was first identified in the phase 4 drill program when two holes were drilled based on the new structural model, and both intersected modest shallow gold-mineralized intervals (see Company news release dated August 17, 2021).

A primary objective of the phase 5 Mustajärvi drill program was to better define the controls on the bonanza grade mineralization in the Northeast Target. A secondary objective was to test magnetic and structural features at the East Target to determine if a robust mineral system extends into that area. Table 1 provides a summary of gold intersections exceeding 3.0 g/t.

Details of the Northeast Target

The first three holes of this program were 21MJ012 – 14. These three holes were collared approximately on the northwest line of section that hosted the bonanza grade gold in 21MJ001 and 21MJ010 (See Figure 1). This drilling confirmed that the Mustajärvi gold mineralization is predominantly hosted in strongly albitized (sodic alteration) tuffites and meta-sedimentary rocks of the Sodankylä Group. These host rocks are commonly cut by veins of various composition and different orientations, and gold is closely linked to the presence of pyrite. The first two holes (21MJ012 and -013) aimed to test the downdip extension of the high-grade zone to the south. The third hole (21MJ014) was designed as a “scissor hole”, drilled in the opposite direction of the other holes on the section, to test for mineralization having a different structural control, i.e., north dipping veins. The scissor hole was also aimed at the bonanza grade zone and offered the opportunity to test for pinching and swelling in the main south dipping vein system.

Figure 1. Mustajärvi Gold Project Drill Hole Plan Map

firefox news1

These three holes into the Northeast Target demonstrated that the high-grade zone is open along strike to the northeast and southwest, but that the zone is controlled by flexures and cross cutting structures giving it a much flatter dip than the host veins. As can be seen in the cross section (Figure 2), there are now numerous strong gold intercepts between 100 and 170m below surface. Drill holes 21MJ013 and -014 both delivered narrow bonanza grade intercepts associated with the key horizon. This sort of apparent elevation control is common in orogenic gold systems. The gold occurs in multiple veins and vein sets but is controlled by a zone of dilatancy striking parallel to the shear zone (NE-SW). There are likely to be multiple en echelon vein sets, and the potential for additional high-grade mineralization has already been demonstrated with the previously reported high-grade at the Central Zone and the new encouraging results at the East Target.

Figure 2. Mustajärvi Cross-Section, Northeast Target

firefox news2

Drill holes 21MJ012 and -013 were collared close to drill holes 21MJ001 and -010 and drilled with the same azimuth but at different plunges to facilitate testing of the continuity of mineralization to depth. These holes began in the Savukoski Group mafic volcanics and passed into the Sodankylä Group intermediate tuffites at depth. The intermediate tuffites are pervasively albitized throughout and include quartz veins with differing mineralogy that often localize and intensify silica-sericite alteration. Gold continues to be associated with quartz-carbonate-tourmaline-pyrite (QCTP) veins.

Drill holes 21MJ012 and -013 included numerous narrow gold intercepts above 1.0 g/t. The best intercept in 21MJ012 was 0.9m at 3.6 g/t Au, and the strongest result in 21MJ013 was 0.75m at 41.46. The mineralogy of these higher-grade intercepts was consistent with the previous Mustajärvi drilling. Among the pyrite and telluride minerals in the veins, FireFox geologists also documented the presence of molybdenite.

Drill hole 21MJ014 was collared 16 metres north-northwest from drill hole 21MJ006, but it was drilled to the south-southeast to verify the indications from earlier drilling that multiple vein directions exist in the Northeast Target. Since it was collared farther north, this hole remained in the altered tuffites of the Sodankylä Group. The hole intersected 14 mineralized intervals/veins with grades over 1 g/t Au. Mineralization is again consistently related to quartz-carbonate-tourmaline vein systems with disseminated, patchy and (sometimes) massive pyrite. The best interval was intersected at 168.5 to 172.6m downhole depth and it included QCTP veins with disseminated and locally semi-massive to massive pyrite. FireFox geologists confirmed the presence of multiple micro-grains of visible gold among the pyrite-rich section of the hole. While anomalous gold spanned this entire interval, the strongest gold grades occurred over 1.5m that averaged 45.85 g/t Au from 168.5m depth, including 0.5m at 130.5 g/t Au (the highest single assay yet received from drilling at Mustajärvi). Other high-grade intercepts in this hole, also related to QCTP veins, included 1.0m at 19.17 g/t Au from 131.3m and 0.8m at 13.01 g/t Au from 325.65m downhole. Taken together, these high-grade intercepts make 21MJ014 the third FireFox drill hole with greater than 100 gram-metres of gold in grade thickness (102 gram-metres).

The high-grade intercepts in 21MJ013 and -014 between 157 and 173m downhole depths are interpreted to be extensions of the high-grade zone reported from drill holes 21MJ001 and -010. FireFox is drilling oriented core and is investing considerable effort to build a three-dimensional model of the Mustajärvi mineral system. Based on this work, FireFox’s preliminary interpretation is that the high-grade zone at the core of the Northeast Target results from a swarm of en echelon veins and that the strongest gold grades appear to be in a relatively flat horizon that trends parallel to the MSZ. The team awaits assays from two additional holes in this zone that will test this part of the system to the northeast and southwest from the high-grade discovery holes.

East Target Results

The East Target is approximately 1.5km northeast from the original site of the Mustajärvi discovery at the Central Zone. FireFox identified the target for drilling based on a kink in the MSZ and an interpreted dilatant zone that was associated with anomalous gold in base-of-till sampling and a magnetic low. Phase 4 drilling included two holes in the area, both of which intersected narrow intercepts of significant but low-grade gold. Drill hole 21MJ004 returned 2.90m of 1.30 g/t Au, while 21MJ005 intercepted 1.0m of 3.79 g/t Au (see Company news released dated August 17, 2021).

Ongoing work on the MSZ and the East Target has revealed likely cross structures striking north to northeast through this part of the system, and a pronounced magnetics low occurs just east of last year’s drilling. Drill hole 21MJ015 was designed to test this area. The hole was collared approximately 100m east of 21MJ004 and directed to the northwest. In total, the hole encountered seven vein systems with grades over 1 g/t Au and several more with grades between 0.5 -1 g/t Au. The best results come from an interval beginning at 45.5m downhole, 2.45m that averaged 7.97 g/t Au. However, other narrow intervals of note include 0.6m at 14.8 g/t Au from 51.8m and 1.0m at 7.62 g/t from 22.1m downhole. These intercepts are consistent with early results from the Central Zone and the Northeast Target, and these gold values clearly demonstrate the presence of another potentially significant gold bearing vein system that is open in all directions.

The lithology in the hole was dominated by the intermediate tuffites of the Sodankylä Group, and the rocks are almost pervasively altered by albite and silica, with locally intense sericitization. Mineralization was encountered in this hole at a relatively shallow depth (<30m downhole), but the sulfide content became more localized or decreased below approximately 70m.

This zone is remarkably consistent with mineralization elsewhere along the +2.1km mineralized strike of the Mustajärvi Shear Zone. Gold enrichment is normally related to QCTP veins with disseminated, patchy and locally semi-massive pyrite mineralization. The intensity of the veining in the upper portions of this hole is very high with significant development of vein breccias. While most of the gold appears to be hosted by south dipping veins (near perpendicular to the core axis), there is also evidence of significant veining parallel to the core axis (north dipping). While hematite (iron oxide) is noted at the Northeast Target, hematite and specular hematite are more common and abundant in the East Target.

Table 1: Summary of Significant (>3.0 g/t Au) Drill Intercepts Cutoff Grade 1.0 g/t Au

Drill Hole	From (m)	To (m)	*Interval (m)**	Gold (g/t)
21MJ012	196.9	197.8	0.9	3.6

21MJ013	124.45	125.15	0.7	5.84
and	157.15	157.9	0.75	41.46
and	160.7	161.2	0.5	4.59

21MJ014	131.3	132.3	1.0	19.17
and	153.75	154.3	0.55	6.4
and	168.5	170	1.5	45.85**
including	168.5	169.0	0.5	130.5**
and	325.65	326.45	0.8	13.01

21MJ015	22.1	23.1	1.0	7.62
and	45.55	48.0	2.45	7.97**
and	51.8	52.8	1.0	11.04**
including	51.8	52.4	0.6	14.80
* Drilling is believed to be perpendicular to the dip of the mineralization, however true widths are not yet known and will be confirmed with additional drilling and geological modelling. ** These intervals were subjected to a 1,000gm screen fire assay protocol designed to capture coarse gold

The table below summarizes the location information for these drill holes.

Table 2: Collar Information (coordinates presented in EPSG:3067).

Drill Hole	Easting	Northing	Azimuth (°)	Plunge (°)	Final Depth (m)
21MJ012	428480	7500631	340	70	515.4
21MJ013	428463	7500668	340	70	445.1
21MJ014	428406	7500804	155	55	413.6
21MJ015	429125	7501011	318	45	319.4

Methodology & Quality Assurance

FireFox team members transported the samples to an ALS sample prep lab in Sodankylä. The samples were first crushed to -2 mm, split and pulverized into 1kg pulps, before being shipped to the ALS facility in Rosia Montana, Romania for gold by fire assay of 50 gm aliquots with AAS finish (method Au-AA24). Gold values which exceeded 10 ppm were assayed in triplicate by fire assay with a gravimetric finish (method Au-GRA22, Au-GRA22d and Au-GRA22t). Selected samples were assayed with a 1,000 gram Au-SCR24 method (screen fire assays) based on the presence of visible gold. Other elements, altogether 48, were measured after four-acid digestion by ICP-AES and ICP-MS (method ME-MS61) at the ALS facility located in Loughrea, Ireland.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2022. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (January 20, 2022) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to announce that the winter drilling program is progressing as planned with approximately 3,800 metres drilled to date on three separate projects. The Company is now set to begin its first drilling at the Sarvi Project, which adjoins Rupert Resources’ Area 1 property. The first phase of diamond drilling at Sarvi is slated to start before the end of January and will include up to 500m in the northwestern portion of the project, where trenching and base-of-till (BOT) sampling have identified several gold and multielement anomalies. There is an ongoing BOT sampling program at Sarvi and results are not yet available for the southern and eastern portions of the property (see Figure 1, below). The Company expects to bring the drill rig back to Sarvi during the second quarter for an estimated 2,000 metres of additional drilling.

Carl Löfberg, President and CEO of FireFox, commented, “Our winter drill program is going very well so far. In fact, for the first time in FireFox’s history we have a core rig operating at the same time as two base-of-till drilling rigs. We have already drilled three of our four permitted projects and are now advancing towards the first drilling on our Sarvi Project. Our integrated interpretation of geophysics, mapping, BOT sampling, and new trenching data has dramatically improved our understanding of the geology and targets at Sarvi. Our team believes that the southern portion of the Sarvi Project occupies a similar geologic setting to Rupert’s Area 1 Project, so this is a very exciting time in the company’s short history.”

The Sarvi Project is part of the Company’s large land package covering part of the Kittilä Suite of volcanic rocks in the Central Lapland Greenstone Belt. The project is centred on the Sarvi exploration permit, and also includes the Sarvi-2 tenement to the north and Keulakko to the west. The Company was recently granted exploration permits for the latter two properties, expanding its ability to conduct mechanized exploration and drilling across all three properties, a total of 21 km².

Sarvi Work Program and Results to Date

FireFox conducted an airborne magnetic survey covering the Sarvi area in 2020. The processing and interpretation of these data identified several possible NW-SE trending structures that intersect E-W and NE-SE trending major structures that appear to be earlier. These structures define some major lithologic contacts and also crosscut the dominantly mafic volcanic terrane. The later crosscutting structures may be part of the so called D3 event, or third stage of deformation, which has been linked to major gold mineralizing events in Lapland. Comparable structural settings have been reported at Rupert Resources’ Area 1 target to the south, where several significant gold occurrences have been discovered recently (See Figure 1 on Rupert Resources’ news release dated January 18th, 2022).

FireFox cautions that proximity to a discovery or mineral resource, does not ensure that mineralization will occur on FireFox’s property, and if mineralization does occur, that it will occur in sufficient quantity or grade that would result in an economic extraction scenario.

In early 2021, Firefox followed up with a more detailed ground magnetic survey to better delineate these structural targets. In addition, exploration trenching and an ongoing BOT sampling program have identified anomalies that are often coincident with key structural features and may be related to the D3 event.

During reconnaissance geologic mapping and rock sampling, the Firefox team identified an area in the northwest of the Sarvi permit with thin overburden and anomalous results from rock chip and till sampling. A total of eight trenches spanning 475m were excavated, mapped, and sampled on this target. The trenching campaign exposed a volcano-sedimentary unit including significant thicknesses of graphite schist. FireFox geologists collected 169 channel/chip samples and 73 grab samples from the trenches. Most anomalous gold samples were hosted within graphitic schist, with the highest interval averaging 0.23 g/t gold over 18m (including 10m averaging 0.31 g/t gold). The anomalous gold was correlated with elevated arsenic, silver, copper, molybdenum, and other elements. The team recorded detailed information on the geology, alteration, veining, and structures from the trenches that will guide future drill targeting on these gold anomalies.

Firefox has also completed roughly one third of the planned stage 1 BOT sampling program at Sarvi. To date, the Company has collected approximately 1,200 BOT samples, of which 769 analytical results have been received, mostly in the northwest portion of the project. The program will continue across the property and with infill BOT sampling on closer spacing around the emerging targets in the northwest. So far, the BOT results have returned potentially significant anomalies in gold, silver, arsenic, antimony, copper, molybdenum, bismuth, tellurium, and other elements. The team continues to receive results from the lab on a regular basis, so analysis and interpretation remains preliminary. However, the anomalous results occur in clusters, often associated with interpreted structures and geologic contacts from the geophysics.

Figure 1. Sarvi Project Area, Winter 2022 Program Progress

Sarvi Program Jan 20 2022 NR Map V2

Winter Drill Program Update

As announced on November 11, 2021, FireFox completed the first pass of the phase 5 drilling program at its 100%-held Mustajärvi Gold Project, including 1,694 metres in four holes. Since then, an additional two holes have been completed, totaling 624 metres.

In November and December, FireFox drilled 1,113 metres in 5 drill holes at the Utsamo Prospect, northern Jeesiö Project. The Utsamo drilling was based primarily on the gold and multielement BOT anomalies reported in the October 26, 2021 news release. FireFox plans to continue BOT sampling at Utsamo to delineate additional drill targets associated with the complex structural setting there.

Less than 10 kilometres to the southwest of Utsamo, FireFox also completed two additional scout drill holes totaling 400m at the Saittavaara Prospect, also within the large Jeesiö Project. This target was drilled for the first time earlier in 2021 and yielded gold mineralization of more than 0.9 g/t in two of three holes, as reported on August 3rd.

Assays and interpretation are pending for all drill holes.

Methodology & Quality Assurance

BOT sampling targets the basal till and bedrock interface using a percussion drill mounted on a tracked vehicle. FireFox geologists supervised sampling procedures and maintained chain of custody according to best industry practice and with due attention to quality assurance and quality control. The BOT program includes collection of field duplicates and insertion of certified reference materials and blank samples into the laboratory submittals. FireFox team members transported the rock samples to an ALS sample prep lab in Sodankylä and BOT samples to the ALS sample prep lab in Outokumpu.

The lab dried (60° C) and screened the till samples to -180 µm and analyzed them by the AuME-TL43 method, utilizing an aqua regia digestion with an ICP-MS finish. Bedrock samples, including grab samples, channel samples and chip samples were dried and crushed to -2 mm, split and pulverized into 1kg pulps, before being shipped to a facility in Ireland for gold by fire assay of 50 gm aliquots with AAS finish (method Au-AA24). Other elements, altogether 48, were measured after four-acid digestion by ICP-AES and ICP-MS (method ME-MS61). ALS Laboratories is a leading international provider of assay and analytical data to the mining industry. All ALS geochemical hub laboratories, including the Irish facility, are accredited to ISO/IEC 17025:2017 for specific analytical procedures.

No QA/QC issues were identified from a review of the analytical data discussed herein.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2022. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (November 11^th, 2021) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to provide an update on its diamond drilling campaign that is underway testing up to four of the Company’s gold properties in Finland’s Central Lapland Greenstone Belt, as announced on October 6^th, 2021.

FireFox has completed the first pass of the phase 5 drilling program at its 100%-held Mustajärvi Gold Project, including 1,664 metres in four holes (see Figure 1 and Table 1). Drilling was primarily focused at the Northeast Target where the Company previously reported a high-grade gold zone including 93.88 g/t gold over 1.35 metres in hole 21MJ001 and 7.69 g/t gold over 16.45 metres in hole 21MJ010 (see news releases dated June 17th, 2021 and September 9th, 2021). A fourth hole was drilled to probe for the heart of the new East Target, located approximately 750 metres east from 21MJ001 (see news release dated August 17, 2021). All results are pending as these four holes are at various stages of logging, cutting, and sampling or are newly arrived at the laboratory for sample preparation and analysis.

Carl Löfberg, President and CEO of FireFox, commented, “The main strategy for this round of drilling at Mustajärvi was to add closely spaced step-out holes around the high-grade zone to gain a better understanding of its dimensions and controls. We have further tested the overall size of the mineralized system by adding another hole in the East Zone, one hundred metres from the encouraging results from earlier in 2021. While the Mustajärvi core is being processed and analyzed, we are moving ahead to evaluate the exciting new targets at Utsamo. We shall return to Mustajärvi for more drilling later in this drill program.”

The drill rig has now mobilized to the Utsamo Prospect at the Jeesiö Gold Project, where base-of-till (BOT) sampling from 2020 and 2021 identified strong gold and multielement anomalies, likely associated with multiple interpreted splays of the Sirkka Shear Zone (see Company news release dated October 26^th, 2021). Drilling will commence immediately with up to six holes planned, for a total of approximately 1,300 metres in two areas (see Figure 2).

The priority is the group of holes aimed at the prominent multi-line BOT anomaly near the northwest limits of the sampling, which is comprised of associated gold and pathfinder elements along the margin of a magnetic low. The second group will include a few drill holes farther south and east aimed at structural and geophysical targets with associated BOT anomalies. The Utsamo Corridor includes more than 5 kilometers along the inferred path of the Sirkka Shear Zone as it bends through the project area. FireFox’s gold targets have resulted from an integrated interpretation of geological, geophysical, and geochemical data.

The drill campaign is expected to continue through January 2022 with two additional target areas likely to see drilling:

The 100%-held Sarvi Project, adjoining Rupert Resources’ Area 1 discovery zone, where FireFox is currently engaged in a detailed BOT sampling program to define targets; and
The Saittavaara Prospect in the southern Kataja Belt of the Jeesiö Project, which was drilled for the first time earlier this year and yielded gold mineralization of more than 0.9 g/t gold in two of three holes as reported on August 3^rd.

Figure 1- Drilling at the Mustajärvi Gold Project

nov10 1

Figure 2- Drill Targets at the Utsamo Target Area

nov10 2

Table 1: Mustajärvi Phase 5 Collar Information. Coordinates presented in EPSG: 3067.

Drill Hole	Easting	Northing	Azimuth (°)	Plunge (°)	Final Depth (m)
21MJ012	428480.1	7500631.0	340	70	504.3
21MJ013	428463.3	7500668.0	340	70	435.1
21MJ014	428406.0	7500804.0	155	65	405.1
21MJ015	429125.4	7501011.8	318	45	319.4

Corporate Update

FireFox also announces that the Board of Directors has approved the grant of stock options to certain directors, officers, employees, and consultants of the Company allowing for the acquisition of up to, in the aggregate, 2,500,000 shares of the Company. The grant is pursuant and subject to the terms and conditions of the Company's existing stock option plan. The options are exercisable at a price of $0.30 per share, an 11% premium to the closing price on the previous trading day, for a period of five years from the date of grant and are subject to the approval of the TSX Venture Exchange and all regulatory approvals.

Quality Assurance

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2021 – 2022. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (October 26, 2021) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) today reported the results of its recently completed base-of-till (BOT) sampling program at the Utsamo Prospect in the northeast part of the Company’s 100% owned Jeesiö Gold Project. The data include strong gold and multielement anomalies associated with multiple interpreted splays of the important Sirkka Shear Zone (SSZ).

The most prominent feature emerging from the survey is a multi-line anomaly near the northwest limits of sampling that is comprised of a spatial association among gold and several other trace elements. There are at least two other robust anomalies farther south and east. Each of the major anomalies is associated with major interpreted structures and magnetic anomalies that could be favorable settings for gold deposits (see Figure 1). The core drill will arrive at Utsamo in November, so the FireFox team is readying drill sites based on these BOT data.

Key takeaways from the Utsamo BOT survey include:

High contrast gold anomalies against a very low background, the maximum gold value in the 2021 data is just under 1 ppm (0.919 ppm);
Well-developed spatially associated anomalies in key pathfinder element such as: tellurium, bismuth, arsenic, antimony, silver, and molybdenum;
Statistical and spatial associations in the geochemistry assist in mapping geology, as well as mineralization, beneath the glacial sediments; and
The high priority BOT anomalies correlate with important faults and geophysical anomalies that were already believed to have potential for gold mineralization.

Carl Löfberg, President and CEO of FireFox, commented, “We have recently seen the value of quality BOT sampling with the Rupert discovery at Area 1, and now the FireFox team has delivered some great results at Utsamo. We knew that Utsamo occupied a major structural corridor where the Sirkka Shear Zone bends from dominantly east-west to dominantly north-south. Now we can see geochemical evidence of a gold system that heightens the importance of the 2021 drilling that is about to begin. We are excited for the Utsamo target to become our second prospect tested this fall, as the drill will soon depart Mustajärvi.”

Base of Till Program Summary and Interpretation

Similar to other gold exploration projects in the Central Lapland Gold Belt (CLGB), such as Rupert Resources’ Area 1 Discovery, this part of the Jeesiö Project is covered by glacial sediments of varying depths. BOT sampling is a very useful tool to prospect through this cover by capturing samples of the basal till or bedrock. Sometimes the BOT anomalies may be transported “down-ice” by glacial processes and subsequent groundwaters, but in other cases the anomalies may be very near their source. This is partially due to the fact that this part of Lapland is near the origin of the glaciers.

Figure 1. Location Map of New Exploration Permits at Sarvi and Lehto

figure 1 firefox

The Utsamo Corridor is a five-kilometre-long zone of complex folds, faults and shears developed along a flexure in the SSZ. A BOT survey with numerous survey lines and closely spaced sample sites was planned to test prospective geological, structural, and geophysical targets within the structural corridor. Between March and August of this year the FireFox team completed the detailed BOT sampling program with 1,012 sample points in an area spanning approximately 3.5 by 4 kilometres where bedrock is covered by an estimated 5 to 30 metres of glacial overburden. This brings the total BOT samples at Utsamo to 1,233.

ALS Global labs analyzed the BOT samples using an aqua regia digestion and ultra-trace analysis for gold and a suite of 50 elements. FireFox employed industry standard quality assurance protocols during the sampling program, including the inclusion of analytical control samples. The quality of the data was found to be good. There are numerous gold anomalies across the survey area and they are not confined to a single geologic unit but appear to be related to faults and major interpreted lithologic contacts. While the maximum gold values reach as high as 0.919 ppm, the most prospective anomalies are likely where gold anomalies correlate with other important pathfinder elements such as arsenic, bismuth, tellurium, and antimony.

The FireFox team and its technical advisors employed principal components and factor analysis of the large multielement database to identify targets and map geology. The statistical analysis captured at least two multi-element associations that may be related to buried gold systems. One statistical factor that is believed to be significant in the Utsamo targets includes a simple gold (Au) – tellurium (Te) association. There is another more complex association that maps more extensive anomalous patterns, including elements such as antimony (Sb), molybdenum (Mo), arsenic (As), mercury (Hg), bismuth (Bi), lead (Pb), tellurium (Te), and zinc (Zn). By grouping these multielement responses into one statistical factor, referenced here as the “Mineralization Factor”, more information can be conveyed in a single map, as shown in Figure 1.

The strongest anomalies for this associated group of elements form an arcuate pattern in the northeast part of the target area that is coincident with several gold anomalies. The 2019 drill campaign tested a very small part of this area with three holes, but the anomaly strengthens considerably over a 500-metre trend farther to the northwest from the previous drilling. While the 2019 drilling did not intercept significant gold, those three core holes did confirm the presence of a significant fault in the area (see Company news release dated January 21, 2020) cutting through intermediate to mafic volcanic rocks cut by ultramafic dikes or sills. Confirming the presence of a fault in this area makes the continuation of this anomaly to the northwest even more interesting, particularly given the prevailing ice transport direction in the area coming from the northwest. FireFox intends to drill test this target during November and December.

There are other significant anomalies visible on the map of the Utsamo Corridor. The southeastern anomaly is very interesting as the multielement association correlates with several gold anomalies associated with another likely splay of the SSZ. There is also a prominent northeast trending fault that has been interpreted from the magnetics data cutting through the area. Here too FireFox has previously drilled in the area. The four holes shown on the map were drilled in late 2020 and news released on March 5, 2021. The target at the time was an interpreted structural zone cutting through a metasedimentary and volcanic rock package. The reconnaissance drilling was helpful in confirming a fault in the area as well as moderate hydrothermal alteration and associated anomalous trace element geochemistry. The potential drill targets for the 2021 - 2022 drill program will be shifted back to the southeast closer to the interpreted cross fault and anomalous BOT results.

Methodology & Quality Assurance

The basal till and bedrock interface was targeted using a percussion drill mounted on a tracked vehicle. FireFox geologists maintained chain of custody and sampling procedures according to best industry practice and with due attention to quality assurance and quality control, including collection of field duplicates and insertion of certified reference materials and blank samples into the laboratory submittals. FireFox team members transported the samples to an ALS sample prep lab in Sodankylä. The samples were first crushed to -2 mm, split and pulverized into 1kg pulps, before being shipped to the ALS facility in Loughrea, Ireland to be measure for gold and a package of 50 other elements to ultra-trace levels after aqua-regia digestion by ICP-MS (method AuME-TL43). ALS Laboratories is a leading international provider of assay and analytical data to the mining industry. All ALS geochemical hub laboratories, including the Irish facility, are accredited to ISO/IEC 17025:2017 for specific analytical procedures.

No QA/QC issues were identified from a review of the analytical data.

About the Jeesiö Project

The 100%-controlled Jeesiö Gold Project covers approximately 142km² of the prospective Central Lapland Greenstone Belt, proximal to other exciting recent gold discoveries in Finland. The Jeesiö properties are positioned along the major regional structure known as the Sirkka Shear Zone, a trans-crustal structure that controls the emplacement of most of the orogenic gold deposits in Lapland. The main Jeesiö targets include the Utsamo and Kataja Belt areas. Utsamo is situated directly between Aurion Resources’ Risti and Launi gold occurrences, while Kataja is only two kilometres southwest from the gold-bearing quartz-sulfide vein system at Launi.

About FireFox Gold Corp.

FireFox Gold Corp is listed on the TSX Venture stock exchange under the ticker symbol FFOX. FireFox also trades on the OTCQB Venture Market Exchange in the US under the ticker symbol FFOXF. The Company has been exploring for gold in Finland since 2017 where it holds a project portfolio that includes over 80,000 hectares of prospective ground.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2021 – 2022. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLA , FINLAND – (October 6th, 2021) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to announce that it has commenced a new fully funded campaign of diamond drilling that will test up to four of the Company’s gold properties in Finland’s Central Lapland Greenstone Belt over the next four months.

Carl Lo fberg, President and CEO of FireFox, commented, “We have focused on executing a systematic exploration plan and it has paid off with four exciting drill-ready gold targets this year, including the Sarvi Project which we plan to drill for the first time. The potential for significant gold mineralization is high at all of these targets and we look forward to discovering the next deposit…or two, in Lapland.”

The drill program has commenced at the 100%-owned Mustaja rvi Project, where the recently completed Phase 4 program hit a high-grade gold zone including 93.88 g/t gold over 1.35 metres in hole 21MJ001 and 7.69 g/t gold over 16.45 metres in hole 21MJ010 (see news releases dated June 17th, 2021 and September 9th, 2021). The new work will include up to 2,000 metres targeted primarily at the high-grade zone in the Northeast Target.

The second priority property likely to be drill tested before the end of January 2022 is FireFox’s 100%-held Sarvi Project, which adjoins Rupert Resources’ Area 1 discovery zone. FireFox is currently engaged in a detailed trenching and BOT sampling program at Sarvi. To date, the team has collected 168 chip channel and over 500 BOT samples. These new data will be integrated with earlier geophysics and gold, arsenic, and copper anomalies from till and rock sampling to generate priority drill targets (see news release dated August 24th, 2021). Drilling at Sarvi will likely advance in phases as targets become better defined based on data still pending from the 2021 trenching and BOT campaigns.

By early November, FireFox plans to move the drill rig to the Utsamo target area of the Jeesio Project. This area was subjected to a detailed base-of-till (BOT) sampling program in the spring and summer with over 1,000 samples collected. Results are now being processed and interpreted to refine final drill targets for the fall campaign, which is expected to include up to 1,000 metres of drilling at Utsamo. If permits, schedule and conditions permit, FireFox plans additional exploration holes at the Saittavaara Prospect in the southern Kataja Belt of the Jeesio Project. This area was drilled for the first time earlier this year, and yielded gold mineralization of more than 0.9 g/t gold in two of three holes, including a near-surface zone of 4.0m averaging 2.03 g/t gold in 21JE002 (see news release dated August 3rd, 2021).

Quality Assurance

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg” Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling; the belief as to the location of the most prospective gold targets; the location of targets for future drill programs; and the current and future work program, including the extent and nature of exploration to be conducted in 2021 – 2022. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (September 9th, 2021) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to announce the results of the final four holes of the Phase 4 diamond drilling program at its 100%-owned Mustajärvi Project. These results confirm a considerable down dip extension of previously drilled high-grade gold. Drill hole 21MJ010 intersected multiple significant gold intervals, the highlight of which was 7.69g/t gold over 16.45 metres, including 42.47 g/t gold over 0.9 metres.

Modeling of 21MJ010 appears to confirm the down-dip continuation and thickening of the bonanza-grade zone intercepted by drill hole 21MJ001, which yielded 1.35 metres at 93.88 g/t gold as reported by FireFox on June 17, 2021 (see Figure 1, below).

In addition, drilling encountered several new intervals of alteration and gold mineralization at depth that may suggest growing potential with depth.

Carl Löfberg, President and CEO of FireFox, commented about the latest encouraging results, “This extension of high-grade gold to depth at Mustajärvi is a real breakthrough for FireFox. Not only has our team been able to predict, test, and intercept new high-grade gold occurrences along strike for more than a kilometre, but we can also now visualize and model a strong mineral system growing in thickness with depth. A core rig will arrive back on site in early October, and we will proceed with a pattern of closely spaced step out holes to fully evaluate this high-grade zone. We shall also be testing new targets at depth and farther to the northeast.”

Table 1: Summary of Significant (>1.0 g/t Au) Drill Intercepts

Drill Hole	From (m)	To (m)	*Interval (m)**	Gold (g/t)
21MJ009	66.3	67.0	0.7	2.21
21MJ010	100.8	101.9	1.10	4.44
	154.15	170.60	16.45	7.69
including	155.30	155.95	0.65	28.57
and	157.4	158.0	0.60	24.70
and	159.90	160.85	0.95	12.70
and	162.0	167.0	5.00	5.56
and	168.4	170.6	2.20	22.34
including	168.4	169.3	0.90**	42.47
	323.0	324.0	1.0	9.10
	345.0	347.0	2.0	3.92
* Drilling is believed to be perpendicular to the dip of the mineralization, however true widths are not yet known and will be confirmed with additional drilling and geological modeling. **Including 0.4m of core loss

Figure 1. Mustajärvi Cross-Section A-A’ with Holes 21MJ001, 21MJ006 and 21MJ010

Mustajärvi Project and Drill Program Details

The Mustajärvi Project lies along the highway between the cities of Kittilä and Sodankylä, approximately 17 kilometers east of Kittilä. The property straddles the Mustajärvi Shear Zone (MSZ), a major right-lateral shear zone that has associated second and third-order structures which further dissect the project into separate structural zones. The Sodankylä Group rocks, which are primarily to the north of the shear zone in the footwall, include metamorphosed sedimentary and volcaniclastic rocks. Geophysics and drilling have identified an extensive corridor of albite – sericite alteration in the footwall along more than two kilometers of the structure. The project remains at an early stage as FireFox and predecessor companies have drilled less than 7,000 metres to date.

FireFox has developed a structural model that has identified repetitive dilatant zones along the MSZ where vein swarms and higher-grade gold are concentrated. There are three main areas of gold mineralization along a 2.1-kilometre trend, namely the Central Zone, the Northeast Target, and the new East Target (see Figure 2).

Figure 2. Mustajärvi Drilling and Structures on Magnetic Data

The Central Zone and Northeast Target both host bonanza grade gold associated with clusters of veins in the footwall of the shear zone but are separated by more than 500 metres. These two areas have been tested by several programs since 2018 that have expanded the lateral extent of known mineralization in multiple directions.

The Northeast Target returned the best intercepts in both the 2019 and 2020 drill programs, and the Phase 4 program has further improved the grades and intervals. Holes 21MJ001 (reported June 17, 2021) and hole 21MJ010 both returned bonanza grades and approximately 150 gram-metres of gold (expressed as total grade * thickness of mineralization).

Drill hole 21MJ010 was collared 57 metres north-northwest from drill hole 21MJ001 and was drilled with a steeper plunge, in order to confirm the continuation of the mineralization to depth. Interpreting these new data in the context of ongoing three-dimensional modeling, the FireFox technical team has concluded that the high-grade vein system at the Northeast Target continues and thickens down dip (see Figure 1). However, more drilling is required to confirm the true thickness and extent of this high-grade gold system.

Hole 21MJ010 was collared in hanging wall Savukoski mafic volcanics and intersected the intermediate tuffs of the Sodankylä Group at approximately 74m depth. This is consistent with most of the drilling along the Mustajärvi Shear Zone (MSZ), which meanders and forms splays along the zone that often coincides with this major contact. The footwall Sodankylä Group rocks are pervasively albitized along this corridor, exhibiting both brittle and ductile deformation fabrics, but the dominant foliation is nearly perpendicular to the core axis.

The upper contact of the more intense gold mineralization is marked by bladed calcite with open space, similar to the upper zone observed in hole 21MJ001. The gold is hosted in multiple quartz–carbonate-tourmaline-pyrite (QCTP) veins, including disseminated and locally semi-massive to massive pyrite. Among the pyrite and telluride minerals in the veins, the team has also confirmed the presence of molybdenite. The veins have similar characteristics to those intersected up dip in hole 21MJ001. The high-grade vein system strikes approximately 50° NE and dips 60° SE.

The intensity of albite alteration (+ sericite and silica) increases downhole. The two deeper gold intercepts reported at 323m and 345m, respectively, are significant. The upper zone is another relatively narrow QCTP vein, which appears to include very fine-grained visible gold, but the deeper intercept is associated with more subtle disseminated pyrite in albite-altered tuffite with tourmaline veinlets. So far, it has been rare at Mustajärvi to see gold associated with disseminated sulphides.

The FireFox team believes that the increasing intensity of alteration with depth in the Northeast Target may be favorable for the depth potential of the system. Drill hole 21MJ010 is the deepest hole drilled in this area to date, and it stands out as having passed through 20 mineralized veins, each with at least anomalous gold content.

Drill hole 21MJ011 tested the Company’s structural model by drilling the area between the interpreted dilatant zones of the Central Zone and Northeast Target. Several moderately albitized and broken zones with limited tourmaline veining and narrow quartz veins were intersected, but no significant gold intervals were detected.

The only hole of the Phase 4 program to target the Central Zone was 21MJ009. This hole was drilled more steeply than prior holes in an area of previously reported high-grade gold. Several strongly albitized intervals contained evidence of multiple phases of deformation, likely confirming the presence of the down dip extension of the shear zone. However, there were relatively small amounts of pyrite and tourmaline, and correspondingly low grades of gold intercepted, with only one notable interval of 2.21g/t over 0.7 metres recorded at 66.3 metres downhole.

Finally, drill hole 21MJ008 was drilled near the far southwest extent of the Mustajärvi permit. The hole was located proximal to a gold-in-till anomaly and drilled to test for the presence of the MSZ passing through the gabbro. Although locally strongly albitized gabbro was intersected, no significant gold grades were returned.

The table below summarizes the location information for these drill holes.

Table 2: Collar Information

Drill Hole	Easting	Northing	Azimuth (°)	Plunge (°)	Final Depth (m)
21MJ008	427153	7499366	360	45	166.6
21MJ009	427715	7500196	340	72	311.9
21MJ010	428456	7500686	338	70	350.5
21MJ011	427960	7500341	343	45	152.2

Quality Assurance

FireFox team members transported the samples to an ALS sample prep lab in Sodankylä. The samples were first crushed to -2 mm, split and pulverized into 1kg pulps, before being shipped to a facility in Ireland for gold by fire assay of 50 gm aliquots with AAS finish (method Au-AA24). Other elements, altogether 48, were measured after four-acid digestion by ICP-AES and ICP-MS (method ME-MS61).

ALS Laboratories is a leading international provider of assay and analytical data to the mining industry. All ALS geochemical hub laboratories, including the Irish facility, are accredited to ISO/IEC 17025:2017 for specific analytical procedures. The FireFox QA/QC program includes the insertion of certificated standard material and blanks into the analytical batches, and none of the analytical control samples in these reports showed deviations from recommended values.

Firefox Gold Webinar

The Company is also pleased to announce that President and CEO, Carl Lofberg and Chairman, Patrick Highsmith will be presenting the latest update from the Company's Finland projects in a live webinar taking place on Monday, September 13th, 2021, at 1 p.m. PT / 4 p.m. ET. The webinar will be hosted by Focus Communications Investor Relations (FCIR) and Cory Fleck of the Korelin Economics Report. Participants are encouraged to submit any questions for the company prior to the event by e-mailing FCIR at This email address is being protected from spambots. You need JavaScript enabled to view it..

Event Details

Date: Monday, September 13th, 2021

Time: 1 p.m. PT/ 4 p.m. ET

Registration: https://event.webinarjam.com/channel/FFOX

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional drilling, the belief as to the location of the most prospective gold targets; the location of possible new targets for future drill programs; the current and future work program, including the extent and nature of exploration to be conducted in 2021 - 2022 and the potential expansion of the same, and the significance of the most intense alteration and mineralization occurring at depths below previous drilling at the Northeast Target. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (August 24th, 2021) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) announces the commencement of systematic mechanized exploration on its 100%-controlled Sarvi Project, which adjoins Rupert Resources’ Area 1 discovery zone. FireFox geologists began ground geophysics during the winter of 2021, followed immediately by mapping and sampling earlier this summer, and they have now escalated work to include: bottom-of-till (BOT) sampling and excavator trenching at high-priority targets on the newly granted exploration permit.

The expansion of work at Sarvi comes immediately on the heels of two permit issuances by the Finnish Safety and Chemicals Agency (Tukes). This level of permit allows mechanized exploration, including drilling. The applications for exploration permits at the Sarvi and Lehto properties were made in November 2019 after preliminary interpretations of regional data and reconnaissance traverses yielded several attractive targets warranting follow-up. The Sarvi permit encompasses 944 hectares and is accessed via all-season secondary roads from the Sodankylä – Kittilä highway. The Lehto permit covers approximately 494 hectares and is also accessible by road. There remain several FireFox permit applications surrounding Sarvi, and new reservations farther north tie the area together into a very large holding (See Figure 1 below).

Carl Löfberg, FireFox’s President and CEO, commented on the significance of the Sarvi Project, “The granting of the exploration permit at Sarvi marks our fourth drill-ready project, and the team is already hard at work confirming and expanding upon several prospects. Sarvi hosts an attractive interaction of multiple episodes of structure with favorable host rocks. We are very excited to deploy our teams with drills and excavators to investigate the several gold and arsenic anomalies we have been developing. We expect to finalize initial targets and commence core drilling at Sarvi by November.”

Summary of Sarvi and Lehto Properties

The Sarvi and Lehto properties are key parts of the Company’s large Northern Group land package in the eastern succession of the Kittilä Suite mafic volcanic rocks. Both properties are subject to the Seuru Option agreement with Magnus Minerals (See Company news release dated August 30, 2018), and FireFox expects to vest in 100% equity under the agreement early in 2022.

In August 2020, FireFox completed a detailed unmanned airborne vehicle (UAV) magnetic survey over the Sarvi Project. Integrating these data with other regional surveys and data from the Geological Survey of Finland (GTK), FireFox interpreted several possible NW-SE trending structures intersecting E-W and NE-SE structures that are believed to be older. The youngest major event in this area may be the prolific D3 structures that appear to control much of the gold in the Central Lapland Gold Belt (CLGB), but additional work is required to confirm this. Several gold and arsenic anomalies at Sarvi are related to the northwest trending faults. Similar structural trends have been reported by Rupert Resources across Area 1 and in particular at the Ikkari Discovery, which lies only 5km south of the tenement boundary.

In early 2021, FireFox augmented the already-extensive magnetics data at Sarvi with a detailed ground magnetic survey on 50-metre line spacing. This detailed approach to magnetics has led to drilling success at the Company’s Mustajärvi Gold Project, where the fine-scale magnetic lows have proven to host high-grade vein systems. FireFox geologists believe that detailed ground geophysical surveys play an important role in focusing upcoming BOT sampling, trenching, and diamond drilling where glacially-deposited sediments cover the bedrock.

Figure 1. Location Map of New Exploration Permits at Sarvi and Lehto

While FireFox’s structural model is evolving, the intersection of D3 or D4 with earlier brittle faulting has led to numerous discoveries in the CLGB. Till sampling and prospecting at Sarvi have already identified gold and arsenic anomalies, most of which are associated with interpreted major faults. Highlights so far include rock chip samples of 1.47 g/t gold and 1.86% copper, and highly anomalous counts of gold micro-nuggets (accompanied by arsenic) in heavy mineral samples and till (See Figure 2 below).

This part of the CLGB is nearly unique in the FireFox portfolio as having an association of very high arsenic with gold in mafic volcanic rocks, without the high bismuth and tellurium that occurs at Mustajärvi and other prospects. This is the geochemical signature of the orogenic gold deposits at the Kittilä Mine, and the presence of graphite-bearing tuff in both areas is also noteworthy. The abundant mafic lithologies that are mapped at Sarvi, including tholeiitic basalt, are encouraging because these rocks can be excellent hosts of gold mineralization due to how they accommodate deformation and react with mineralizing fluids.

FireFox’s fall and winter drill program is to commence in early October. The current plan is to test new targets at Sarvi with a modest sized program starting in November and a second follow-up program in Q1 2022.
Patrick Highsmith, Certified Professional Geologist (AIPG CPG # 11702) and director of the Company, is a qualified person as defined by National Instrument 43-101. Mr. Highsmith has helped prepare, reviewed, and approves, the technical information in this news release.

Figure 2. Detailed Magnetics and Preliminary Structures at Sarvi Project

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,
“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the current and future work program, including the extent and nature of exploration to be conducted in 2020, as well as the planned drilling meterage on the properties described. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

SODANKYLÄ, FINLAND – (August 17, 2021) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) is pleased to announce that it has extended the drill-indicated gold system by an additional 650 metres along trend from the Northeast Target at its 100%-owned Mustajärvi Project in the Central Lapland Gold Belt of Finland (See Figure 1). Drill hole 21MJ004 was drilled 654 metres northeast of the previously reported bonanza-grade hole 21MJ001 (see Company news release dated June 17, 2021) and yielded 2.9 metres at 1.30 g/t gold. Drill hole 21MJ005, which was collared 580 metres from 21MJ001, returned 3.79 g/t gold over a 1 metre interval from 15m downhole, sitting atop a wider zone of weakly anomalous gold.

Figure 1. Mustajärvi Drill Holes and Targets

Key Implications from the Newest Mustajärvi Results Include:

New gold mineralization revealed along the probable continuation of the shear zone delineates a stretch of more than 2.1 kilometers with gold-bearing drill intercepts;
Quartz-carbonate-tourmaline-pyrite veins at new East Target are lower grade (so far) but consistent in mineralogy and geochemistry with high grade veins at Central Zone & Northeast Targets;
The veins have variable continuity, but the larger and more sulfide-rich veins have been intersected in four drill holes (21MJ001, 21MJ002, 21MJ006, and 21MJ010) and appear to become higher grade with depth;
Predictive 3D modeling of dilational jogs along the Mustajärvi Shear Zone continues to yield altered country rock and significant gold in drilling, even while exploring beneath overburden; and
Geophysics and 3D modeling of the results indicate multiple untested targets in the vicinity of the Northeast and East Targets – another sizable drill program is planned for winter of 2021 – 2022.

“These two holes were the first to test for mineralization in this newly modeled part of the shear zone, so we are very excited to confirm new gold intercepts with similar alteration, vein mineralogy, and geochemistry to the established high-grade areas in the Central Zone and the Northeast Target. These first gold hits at the East Target are important because we know that persistence and hard work yielded bonanza grade intercepts at both the Central and Northeast Targets. Adding these new targets to the close step-outs planned around 21MJ001, we have some incredible targets lined up for the fall and winter drill program, which is fully funded,” commented Carl Löfberg, President and CEO of FireFox.

In addition to the East Target holes, drill hole 21MJ006 was collared 170 metres northwest from 21MJ001, along the same drill section of the Northeast Target. It appears to have been successful in intersecting the lower grade up-dip continuation of the vein system that contained the bonanza grade, here averaging 3.0 metres of 1.31 g/t gold. Also reported herein is hole 21MJ007, which targeted interpreted structures within the gabbro on the western end of the property, but for which no significant gold results were received.

The individual veins encountered in the northeast part of the project have variable continuity, but some have been intersected along strike for more than 70 metres. The vein system hosting bonanza-grade gold that was intercepted in 21MJ001 also appears to have been intercepted down-dip in 21MJ010 (for which assays are pending). These gold-bearing veins occur in swarms with potential for expansion along strike and at depth. In addition to 21MJ010, analytical results and geological interpretations are pending for three additional holes, 21MJ008, 21MJ009 and 21MJ011.

Mustajärvi Project and Drill Program Details

The Mustajärvi Project lies along the highway between the cities of Kittilä and Sodankylä, approximately 17 kilometers east of Kittilä. The property straddles the Mustajärvi Shear Zone (MSZ), a major right-lateral shear zone that has associated second and third-order structures which further dissect the project into separate structural zones. The Sodankylä Group rocks, which are primarily to the north of the shear zone in the footwall and host most of the known mineralization, include metamorphosed sedimentary and volcaniclastic rocks. Geophysics and drilling have identified an extensive corridor of albite – sericite alteration in the footwall along more than two kilometers of the structure. The project remains at an early stage as FireFox and predecessor companies have drilled less than 7,000 metres to date.

FireFox has developed a structural model that has identified repetitive dilatant zones along the MSZ where vein swarms and higher-grade gold are concentrated. The main areas of mineralization, so far, are the Central Zone and the Northeast Target, both of which host bonanza grade gold associated with clusters of veins in the footwall of the shear zone but are separated by more than 500 metres. Including drill intercepts southwest of the Central Zone and extending through the Northeast Target, the MSZ hosts high-grade (>5 g/t) gold in arrays of narrow quartz veins along a corridor of more than 1.5 kilometers. The FireFox team predicted another dilatant zone with similar characteristics 500 to 600 metres farther northeast from the Northeast Target (See Figure 2). Drill holes 21MJ004 and 21MJ005 were the first holes to test this area and the results confirm this zone as a new and additional zone of gold mineralization (the East Target) – extending the favorable trend to more than 2.1 kilometers.

Figure 2. Mustajärvi Structural Interpretation

The Central Zone and Northeast Target have been tested by several programs since 2018 that have expanded the lateral extent of known mineralization in multiple directions. The Northeast Target returned the best intercepts in both the 2019 and 2020 drill programs, including bonanza grades in the first hole of this Phase 4 program. The initial success at the East Target has prompted planning for considerable new work.

Drill hole 21MJ004 was collared in a structural block interpreted to host the continuation of the MSZ and was directed to the northwest. The hole appears to initiate in Sodankylä Group metasedimentary rocks, variably altered intermediate tuffites, and did not pass through a major lithologic contact with mafic volcanics. The gold mineralization was hosted within an intensively deformed interval that included abundant hematite and quartz-carbonate-tourmaline-pyrite (QCTP) veining at 150.35 to 153.25 metres down hole. The 2.9-metre interval averaged 1.30 g/t gold with a few additional metres of weakly anomalous gold below. There are also several broader intervals of weakly anomalous gold higher up in the hole. The veins encountered in drill hole 21MJ004 have a similar composition to the QCTP veins noted in the Northeast Target, but hematite is notably more abundant at the East Target.

Hole 21MJ005 was collared very close to an interpreted trace of the shear zone. The hole intercepted shallow mineralization within intensively altered intermediate tuffites, where the highest gold grades were encountered at 15 to 16 metres down hole, yielding 3.79 g/t gold. Elevated gold values expanded the anomalous zone down hole to 28.4 metres, including several samples with 0.32 to 0.75 g/t Au. The shallow mineralization encountered in hole 21MJ005 was associated with breccias and QCTP veins and abundant hematite.

Drill hole 21MJ006 was drilled along the same northwest drill fence that includes 21MJ001 and 21MJ010. It was targeted on a base of till (BOT) gold anomaly and expected to test for the up-dip continuation of the vein system with visible gold reported in 21MJ001. The hole intercepted a 3-metre interval of thin QCTP veins at the approximate location where the bonanza vein was projected to occur. This 3-metre zone from 56 to 59 metres downhole averaged 1.31 g/t gold. There are numerous other narrow quartz-carbonate and quartz-tourmaline veins cutting through the altered tuffites in this hole associated with several intervals of weakly anomalous gold, including samples with 0.32 to 0.69 g/t.

Drillhole 21MJ007 was one of the first drill tests of geochemical and geophysical anomalies associated with the gabbro near the west end of the property. It was collared more than 1.5 kilometers west of the Northeast Target. While no significant gold has been encountered yet in the gabbro, the lower third of the hole encountered pervasive strong albitization.

FireFox geologists report that the three zones now known to host significant gold at Mustajärvi are quite comparable in their lithology, alteration, vein mineralogy, geochemisty, and their structural architecture. The interpreted dilational jogs correlate well with magnetic lows (Figure 2), and it is noteworthy that the strongest magnetic lows in the East Target (northeast of 21MJ004) have not yet been tested. A preliminary mineralogical report on the Northeast and East Target gold intercepts reveals that gold occurs both as free gold and as inclusions in pyrite and hematite. The Mustajärvi gold system continues to be consistently enriched in bismuth, tellurium, and cobalt, but the ongoing data compilation is highlighting many other geochemical features that may be useful pathfinder elements to help vector towards stronger gold mineralization. The team is also planning an induced polarization/resistivity (IP) survey over the Northeast and East Targets, as the pyrite-rich mineralization should generate strong anomalies. Combined with mapping and three-dimensional modeling, the new data are expected to yield more strong drill targets for the fall and winter drilling.

The table below summarizes the location information for these drill holes.

Table 1: Collar Information

Drill Hole	Easting	Northing	Azimuth (°)	Plunge (°)	Final Depth (m)
21MJ004	429026.0	7500993.2	335	45	211.9
21MJ005	428849.7	7501105.8	333	45	120.5
21MJ006	428416.6	7500790.2	340	45	123.9
21MJ007	427193.3	7499874.2	345	45	200.1

Quality Assurance

FireFox team members transported the samples to an ALS sample prep lab in Sodankylä. The samples were first crushed to -2 mm, split and pulverized into 1kg pulps, before being shipped to a facility in Ireland for gold by fire assay of 50 gm aliquots with AAS finish (method Au-AA24). Other elements, altogether 48, were measured after four-acid digestion by ICP-AES and ICP-MS (method ME-MS61).

ALS Laboratories is a leading international provider of assay and analytical data to the mining industry. All ALS geochemical hub laboratories, including the Irish facility, are accredited to ISO/IEC 17025:2017 for specific analytical procedures. The FireFox QA/QC program includes the insertion of certificated standard material and blanks into the analytical batches, and none of the analytical control samples in these reports showed deviations from recommended values.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct additional geophysics and drilling, expectations for the receipt of assays on samples already submitted to the lab; the belief as to the location of the most prospective gold targets; the location of possible new targets for the 2021 - 2022 drill program; the current and future work program, including the extent and nature of exploration to be conducted in 2021 - 2022; and the potential expansion of the same and the significance of the most intense mineralization occurring at depths below previous drilling at the Northeast Target. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (Aug 3, 2021) – FireFox Gold Corp. (TSX.V: FFOX) (OTCQB: FFOXF) (“FireFox” or the “Company”) recently completed a three-hole reconnaissance diamond drill program at the Saittavaara Prospect on its 100%-owned Jeesiö Project in Lapland. Saittavaara is a prospect near the southern boundary of Jeesiö, along the highway from Sodankylä to Kittilä (Figure 1: https://bit.ly/3rKZg4g). These three holes, totaling 309.1 metres, are the first known drilling in the area by any operator. Two of the three holes encountered gold mineralization of more than 0.9 grams per tonne (g/t). Drill hole 21JE002 intercepted a near-surface zone of 4.0m averaging 2.03 g/t Au, including 2.0m at 3.18 g/t Au.

Confirming gold in bedrock with the first shallow drill holes in the area is significant because it highlights the potential of the untested anomalies farther north on this trend (Figure 2: https://bit.ly/3jpOMnp). There are numerous higher-grade gold bearing rock chip samples associated with D3 and D4 structures farther northeast from the initial Saittavaara occurrence.

Carl Löfberg, FireFox’s President & CEO, explained the significance of FireFox’s new results, “The drilling at Saittavaara during May 2021 was simple and efficient, easily accomplished during a short break from the Mustajärvi program. In previous programs our geologists sampled a lot of gold in veins and boulders at Saittavaara and Katajavaara. Drilling into this zone of quartz-sericite-pyrite alteration with 3.0 g/t gold mineralization is very encouraging as we follow the major structures and geophysical targets along trend towards Katajavaara. It is exciting to confirm a second project now with significant gold in drill holes, only a short drive down the highway from Mustajärvi.”

Target Development at Saittavaara

The area is believed to lie within highly deformed metasedimentary rocks that are cut by later D3 and D4 shear zones. Rejuvenated interest in the area came from the last FireFox sampling campaign of 2019 that returned 6.4 g/t Au from a boulder at Katajavaara (approximately 2 kilometres north of the Saittavaara occurrence).

The prospectivity of Saittavaara was enhanced by results from reconnaissance mapping and sampling during 2020 that returned rock chip samples of 2.60 and 2.75 g/t Au from angular quartz boulders and outcrop with significant iron staining and fresh pyrite. Saittavaara is the southernmost of three prospects in a belt spanning approximately three kilometres, where rock samples returned highly anomalous gold values from 0.2 to 10.5 g/t (“the Kataja Belt”) (See Company news release dated October 6, 2020). The anomalies at Saittavaara are part of a structural corridor trending northeast towards the higher-grade gold samples at Katajavaara. In addition, these prospects are situated only a few kilometers from the high-grade gold reported at Aurion Resources’ Launi Prospect.

FireFox cautions that proximity or similar geology to another prospect or mine does not indicate that mineralization will occur on FireFox’s property, and if mineralization does occur, that it will occur in sufficient quantity or grade that would result in an economic extraction scenario.

FireFox’s high-resolution airborne magnetics survey further heightened interest as the team noted apparent lithologic contacts with structurally controlled magnetic lows. The FireFox teams moved forward with additional geophysics and plans to test the surface gold sampling with a reconnaissance drill program in Spring 2021.

During late 2020, FireFox commissioned a small-scale 2D pole-dipole gradient array induced polarization/resistivity (IP) survey with GRM Services. The single-line IP survey was a trial to investigate if the gold samples at surface had roots in outcrop. The data showed a near‐surface high-resistivity, high-chargeability feature that corresponded well with the pyrite-bearing quartz veins and silicified sediments that hosted the gold in sampling. The survey also suggested the presence of deeper anomalies in the area, but the design of the test survey was insufficient to resolve the deeper targets for drilling. Firefox intends to expand the IP survey over more of the mineralized trend later in 2021.

Drill Program Details

FireFox’s 2021 drill program directed three shallow reconnaissance drill holes at the gold in rock samples and geophysical anomalies at Saittavaara. The drill sites are on high ground in a boulder field close to the highway. Since FireFox has a permit application pending over the Kataja Belt, the team proceeded with this small-scale drill program after securing permission from the surface landowners, in accordance with common practice in Finland. The Company reports that much more work is expected to follow-up on this drilling and to test the additional gold anomalies from rock sampling.

Drill hole 21JEE002 intersected intensively sheared and sericitized quartzite from just below shallow overburden. There are several quartz veins with strongly sheared and silicified wall rock. Geologists have described the zone of intense shearing and obvious deformation as a mylonite. The mylonite zone continues from near-surface to approximately 18m downhole depth. As disseminated pyrite is prevalent but variable, the alteration may be termed quartz-sericite-pyrite (QSP), which is commonly seen in orogenic gold deposits. A massive to milky quartz zone with disseminated pyrite between 11 and 17 metres downhole carries the best gold grades, averaging 1.48 g/t over its entirety. The siliceous interval continues downhole to 84.2m, including additional narrow zones of more intense QSP alteration at 25.0m and 66.0m depth with gold values of 1.05 and 0.527 g/t, respectively. Pyrite is most abundant in the shallower higher-grade interval. At approximately 84.2m the mylonite zone passes into an unaltered greywacke unit.

Table 1: Summary of Significant Intercepts from Drill Hole 21JEE002 (Cutoff grade of 0.5 g/t Au)

Drill Hole	From (m)	To (m)	Interval* (m)	Gold (g/t)
21JEE002	13	17	4	2.03
Including	14	16	2	3.18
	25	26	1	1.06

* Drilling is believed to be perpendicular to the dip of the mineralization, however true widths are not yet known and will be confirmed with additional drilling and geological modeling.

Drill hole 21JEE001 was drilled west towards 21JEE002 in a scissor fashion since the orientations of the quartz veins and structures in the area were not known. It encountered similar lithology including QSP-altered and veined quartzites from surface to approximately 37m depth downhole. The drill hole intersected several quartz veins with more abundant pyrite down to approximately 14.40m. The best gold mineralization was associated with multiple quartz-pyrite (oxidized) veins over approximately 4 metres from 25.0 to 29.0m downhole, including one metre that assayed 0.96 g/t Au. The quartzite gives way to weakly silicified graywacke sediments at approximately 37m downhole.

Drill hole 21JEE003 was collared approximately 500 metres northeast of the first two holes. It encountered a narrow mylonite zone near surface, but consisted mainly of unaltered greywacke from 9.0 to 98.35m downhole, followed by a mafic intrusion with patchy quartz-carbonate veins to the end of the hole. There were no significant gold assays returned.

Table 2: Collar Information (coordinates presented in EPSG:3067)

Drill Hole	Easting	Northing	Azimuth (°)	Plunge (°)	Final Depth (m)
21JEE001	470013	7478248	270	45	106.8
21JEE002	469953	7478242	90	45	97.6
21JEE003	470436	7478520	90	45	104.7

Structural Interpretation

The FireFox technical team has conducted a preliminary structural interpretation from magnetics and other data across the Jeesiö Project (Figure 2), and more specifically around the Kataja Belt. Geologists note at least two major structural fabrics based on the data so far, including: D3 deformation with a north to northeast trend, and D4 deformation indicative of regional strain oriented NW-SE. The magnetics data reflect likely transform faulting (D4) of the earlier shear zones (D3).

The significance of D3 structures has been frequently discussed by FireFox and other Lapland explorers, as they are well-known to host the economic gold mineralization in the northern part of the Central Lapland Gold Belt at Agnico Eagle´s Kittilä Mine. The Kittilä Mine is hosted along the NE-striking Kiistala Fault, an important early thrust fault that was likely reactivated by later D3 shearing.

Both D3 and D4 structures can be observed in the Kataja Belt, however the limited outcrop means it is not yet possible to relate the structural fabric or vein orientations measured at Saittavaara to the numerous other gold anomalies and emerging targets in the area. Further bedrock mapping and structural geology work are in progress.

Quality Assurance

The core was transported from the rig to the Company´s core storage facility in Sodankylä, where FireFox’s exploration team conducted geological and geotechnical logging and selected the assay intervals. Assay intervals were generally 1 metre but in some circumstances were modified according to lithological boundaries and other factors. FireFox geologists maintained chain of custody and sampling procedures according to best industry practice and with due attention to quality assurance and quality control, including collection of field duplicates and insertion of certified reference materials and blank samples into the laboratory submittals.

No QA/QC issues were identified from a review of the analytical data with this drilling.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer
CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct follow-up drilling; plans to review the future modeling and exploration program in light of the results disclosed herein; the belief as to the location of the most prospective gold targets; the location of possible new targets for the next drill program; and the current and future work program, including the extent and nature of exploration to be conducted in 2021. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

SODANKYLÄ, FINLAND – (June 17, 2021) – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)(“FireFox” or the “Company”) has completed the expanded 11 hole Phase 4 diamond drill program (2,364 metres) at its 100%-owned Mustajärvi Project in the Central Lapland Greenstone Belt of Finland. Today the Company reports assay results for the first three holes of the program. Hole 21MJ001 is a significant highlight yielding 1.35m averaging 93.88 g/t gold, including 0.65m at 129.5 g/t gold. This interval was previously reported to host visible gold in a quartz-carbonate-tourmaline (QCT) vein with abundant pyrite (see Company news release dated April. 15, 2021). With the two additional high-grade gold intervals of 5.27 g/t and 26.9 g/t, this drill hole included a total of more than 150 gram – metres of gold.

Near surface high-grade intervals were encountered in both of the first two holes of the program, as shown in Table 1. These drill holes extend high-grade gold in the Northeast Target by an additional 150 metres along strike to the northeast (See Figure 1: https://bit.ly/3cLi1OX). This newly discovered veining and alteration occurs at depths less than 200m below surface and remains open down dip and to the northeast (See Figure 2: https://bit.ly/3pZvCYi). The FireFox team is anxious to follow up with closely spaced drilling to test this new high-grade zone, the richest yet discovered at Mustajärvi.

“Since 2018 we have methodically built up our knowledge of the geology and structure, vectoring towards the heart of this high-grade gold at Mustajärvi. Our modeling is clearly paying off, and we are thrilled that the initial hole in the 2021 drill program has resulted in the first 100-gram-metre interval at the project. The Northeast Target is proving to be very exciting, and we look forward to results from the remaining two holes in this area, as well as the step-outs farther northeast along the shear zone,” commented Carl Löfberg, President and CEO of FireFox.

Table 1: Summary of Significant High-Grade (>4.0 g/t Au) Drill Intercepts

Drill Hole	From (m)	To (m)	Interval* (m)	Gold (g/t)
21MJ001	172.90	174.15	1.25	5.27**
	184.15	185.50	1.35	93.88**
including	184.15	184.85	0.70	60.8**
and	184.85	185.50	0.65	129.5**
	220.35	221	0.65	26.9

21MJ002	139.5	141.5	1.00	13.27
	161.9	163.6	1.70	11.16
* Drilling is believed to be perpendicular to the dip of the mineralization, however true widths are not yet known and will be confirmed with additional drilling and geological modeling. ** Based on the presence of visible gold in the drill core, these intervals were subjected to a 1,000 gram screen fire assay protocol designed to capture coarse gold.

Upon completion of this 11-hole drill program, FireFox has now drilled approximately 6,250 metres at Mustajärvi, emphasizing the still-early stage of technical work on this project that has consistently yielded near-surface intercepts of gold above 10 g/t. The Central Zone was the site of approximately 700 metres of shallow drilling by Outokumpu in the 1990s, which yielded numerous historic intercepts of more than 10 g/t (See the Company’s NI 43-101 technical report on Mustajärvi at www.firefoxgold.com or on SEDAR). There was also very small-scale exploitation of gold from a pit in the Central Zone. FireFox reported rock chip results from the pit area that included 10 samples assaying more than 10 g/t gold, including one sample with 140.5 g/t gold (See Company news release dated Jan 3, 2019).

The strongest mineralization along the Mustajärvi Shear Zone can be shown to plunge gently to the northeast from the surface outcrop in the Central Zone. The system has not yet been tested below 200 metres vertically below surface. Gold mineralization is believed to occur in zones of dilatancy along host structures and/or subject to other controls on gold precipitation. FireFox’s evolving structural model, combined with the growing database of geological details and multielement geochemistry, is improving the team’s understanding of the veins and alteration zones. Important next steps will include tight step-out holes around this new 150 gram-metre drill hole.

Mustajärvi Project and Drill Program Details

During the 2019 and 2020 seasons, exploration drilling at the project advanced to the northeast from the Central Zone to the Northeast Target, more than 500 metres along the shear zone, based on geophysical data and gold in bottom-of-till (BOT) sampling. These zones host high-grade (>4 g/t) gold in narrow quartz veins along more than 1.5 kilometres of the hydrothermally altered shear zone from the southwest to northeast. The Northeast Target returned the best intercepts in both the 2019 and 2020 drill programs. Holes 21MJ001 to 21MJ003, reported here, are in the Northeast Target area.

The Phase 4 program targeted the brittle altered metasediments in the footwall of the shear zone. The individual veins appear to have variable continuity, but some have been intersected along strike for more than 70 metres. The highest-grade vein intercepted in 21MJ001 appears to have been intercepted in 21MJ010 (for which assays are pending), and the vein remains open to depth and along strike (See Figure 2). These veins seem to occur in clusters with potential for expansion along strike and at depth. Analytical results and geological interpretations are pending for eight additional holes, 21MJ004 to 21MJ011.

Drill holes 21MJ001 and 21MJ002 were planned to test the continuation of the vein system intercepted in drill hole 20MJ009, which returned 2.0m at 33.25 g/t Au (see Company news release dated Jan. 27, 2021). Drill hole 21MJ001 is 155 metres ENE from 20MJ009 and drill hole 21MJ002 is approximately midway between the two holes (83m ENE from 20MJ009). Drill hole 21MJ003 was aimed at the western side of the Northeast Target area and did not intersect significant veining or gold mineralization (See Table 2).

Table 2: Collar Information (coordinates presented in EPSG:3067)

Drill Hole	Easting	Northing	Azimuth (°)	Plunge (°)	Final Depth (m)
21MJ001	428479.7	7500633.6	340	45	292.60
21MJ002	428410.2	7500615.8	343	45	240.8
21MJ003	428174.5	7500533.7	338	45	193.0

Each of the drill holes reported here passed through the Savukoski Group ultramafic-mafic volcanics and across the contact into strongly altered Sodankylä Group metasediments and metavolcanics. The strongest mineralization to date at Mustajärvi has occurred in the footwall Sodankylä Group rocks, which are to the north of the shear zone. In this area, the Sodankylä Group includes metamorphosed sedimentary and volcaniclastic rocks. Along the alteration zone associated with the shear zone, these rocks have been made brittle by pre-gold pervasive alteration, including albite, silica, and sericite. Where these altered rocks are shattered, brecciated, and veined, high grade veins have been reported.

In drill hole 21MJ001, the targeted volcano-sedimentary series was encountered at approximately 104m down hole and continued to the termination of the hole at 292.6m. This section of rocks is pervasively altered with moderate to high intensity of albite, silica, and sericite. The altered rock sequence is cut throughout its width by QCT veins, quartz tourmaline, and quartz veins that contain semi-massive to massive zones of pyrite over narrow widths. There are additional sulfide, or possibly tellurium and bismuth-bearing minerals (not yet confirmed), that are common in the most intensely mineralized rocks. Gold correlates strongly with the presence of pyrite and other sulfide, sulfosalt, or bismuth-tellurium bearing minerals. Intense sericitic alteration with disseminated pyrite and narrow quartz tourmaline veins (up to 1cm) can be observed deeper in the hole. All the high-grade gold intercepts in this area are low in arsenic but high in bismuth and tellurium.

Drill hole 21MJ001 intersected several gold mineralized intervals, with the highest-grade interval occurring at 184.5 metres downhole depth in a pyrite rich, brecciated and complex quartz-tourmaline pyrite vein. Visible gold was observed within this quartz-tourmaline-carbonate vein at 185.4-185.5 m. (see Figure 2). It should be noted that multiple zones of low-grade anomalous gold occur throughout the altered rocks in this hole, sometimes spanning 10 to 12m and including a single interval of 1.68 g/t gold.

The best interval in hole 21MJ002 occurred at 161.9 metres downhole, grading 1.7m averaging 11.16 g/t gold. This intercept was hosted within strongly albitized metasediments, which were brecciated by several quartz-tourmaline-pyrite veins. There is another narrow high-grade interval at 139.5m depth, which contained 1.0m at 13.27 g/t gold. The larger of these two mineralized veins appear to align with the highest grade intercept in 21MJ001 and may indicate continuity of the veining over that 72m intervening distance. 21MJ002 also included several zones of low-grade anomalous gold over 15 to 20m and including isolated samples of 1.35 and 3.3 g/t gold.

Quality Assurance

FireFox team members transported the samples to an ALS sample prep lab in Sodankylä. The samples were first crushed to -2 mm, split and pulverized into 1kg pulps, before being shipped to the ALS facility in Rosia Montana, Romania for gold by fire assay of 50 gm aliquots with AAS finish (method Au-AA24). Gold values which exceeded 10 ppm were assayed in triplicate by fire assay with a gravimetric finish (method Au-GRA22, Au-GRA22d and Au-GRA22t). Selected samples were assayed with a 1,000 gram Au-SCR24 method (screen fire assays) based on the presence of visible gold. Other elements, altogether 48, were measured after four-acid digestion by ICP-AES and ICP-MS (method ME-MS61) at the ALS facility located in Loughrea, Ireland.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to conduct follow-up drilling around the new intercepts; the expectation for receipt of assays on drill holes already completed, sampled, and submitted to the lab; plans to review the future modeling and exploration program in light of the results disclosed herein; the belief as to the location of the most prospective gold targets; the location of possible new targets for the next drill program; the current and future work program, including the extent and nature of exploration to be conducted in 2021; and the potential expansion of the same and the significance of the most intense mineralization occurring at depths below previous drilling at the Northeast Target. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

VANCOUVER, BC – June 14, 2021 – FireFox Gold Corp. (TSX.V: FFOX)(OTCQB: FFOXF)("FireFox" or the “Company”) is pleased to announce that it has received final approval to list on the OTC Markets Group's OTCQB Venture Market in the United States under the symbol “FFOXF”. FireFox will commence trading on the OTCQB on June 15, 2021 with 99,117,263 shares outstanding, while continuing to trade on its home exchange in Canada, the TSX Venture Exchange. FireFox is a gold exploration company at the forefront of the new gold rush in northern Finland.

Patrick Highsmith, FireFox’s Chairman, commented, “We are excited to upgrade onto the OTCQB Venture Market in the United States, bringing the compelling FireFox story to an even broader audience of institutional and retail investors. It is an added benefit to increase our visibility in the United States since our largest shareholder, Crescat Capital, is based in Denver, Colorado.”

The OTCQB is recognized as an established public financial market for international companies to trade in the United States through a quality investment experience. The OTCQB Venture Market offers companies the opportunity to build their visibility, expand their liquidity and diversify their shareholder base on an established public market. The OTCQB offers transparent trading in early stage firms, such as exploration companies, while ensuring that listed businesses must pass background checks, meet certain minimum reporting requirements, and undergo annual verification.

About FireFox Gold Corp.

FireFox Gold Corp is focused on gold exploration in Finland, where it is advancing a project portfolio that includes over 80,000 hectares of prospective ground.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking information within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, statements regarding the ability of the Company to close the Offering, the anticipated terms of the Offering, the anticipated use of proceeds from the Offering, the anticipated size of the lead order, and the proposed timing of the Offering are "forward-looking statements". Forward-looking information can be identified by the use of words such as “will” or “believe” or variations of such words or statements that certain actions, events or results “will” be taken, occur or be achieved. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the control of the Company. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because FireFox can give no assurance that they will prove to be correct. Important factors that could cause actual results to differ materially from FireFox’s expectations.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, FireFox disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, FireFox undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

VANCOUVER, BC – (April 30, 2021) – FireFox Gold Corp. (TSX.V:FFOX)(“FireFox” or the “Company”) announces that effective today, subject to regulatory acceptance, it has completed the non-brokered private placement (the “Private Placement”) announced on April 8, 2021 ($2.0M) and subsequently increased to $3.0M on April 22, 2021.

The Private Placement raised total gross proceeds of $3,000,000 by issuing 16,666,664 units at a purchase price of $0.18 per unit. Each unit consists of one common share of the Company and one half of one common share purchase warrant, with each whole warrant being exercisable to acquire one additional common share of the Company at an exercise price of C$0.27 per share for a term of two years from the date of issuance. The shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation.

The Company intends to use the proceeds of the Private Placement for general corporate purposes, working capital and exploration activities on FireFox’s gold exploration properties in Finland.

M Partners Inc. and other firms acted as finders in this placement. In association with this financing, subject to TSX-V acceptance, the Company will pay to qualified finders $67,533 in cash finder’s fees and will issue 312,655 finders warrants exercisable at $0.18 for 2 years from the date of issuance.

About FireFox Gold Corp.

FireFox Gold Corp is listed on the TSX Venture stock exchange under the ticker symbol FFOX. The Company is focused entirely on gold exploration in Finland where it is exploring its project portfolio that includes over 80,000 hectares of prospective ground.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1 778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the expected total financing amounts, terms, and timeframe; and the current and future work program, including the extent and nature of exploration to be conducted in 2021. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

Not for distribution to United States news wire services or for dissemination in the United States.

VANCOUVER, BC - April 22, 2021 – FireFox Gold Corp. (TSX.V: FFOX) ("FireFox" or the “Company”) is pleased to announce that, due to strong investor demand, it has increased its previously announced non-brokered private placement to 16,666,666 units of the Company (“Units”) at a price of $0.18 per Unit for gross proceeds of approximately $3.0 million (the “Offering”). Each Unit consists of one common share of the Company (“Common Share”) and one-half of one common share purchase warrant (“Warrant”), with each whole Warrant being exercisable to acquire one Common Share (a “Warrant Share”) at an exercise price of $0.27 per Warrant Share for a term of two years following the closing of the Offering.

FireFox is also pleased to announce that Tin International AG, a subsidiary of the Duetsche Rohstoff Group, has increased their previously announced lead order up to 4,444,444 Units or $800,000. Upon closing of the Offering, Tin International AG is expected to own approximately 4.5% of the issued and outstanding shares of FireFox.

The proceeds of the Offering will be used for general working capital and exploration activities on FireFox’s gold exploration properties in Finland. Prior to the Offering, FireFox has 81.8 million Common Shares outstanding, as well as 33.2 million warrants and 6.6. million options to acquire Common Shares outstanding.

The Offering is expected to close on or about April 27, 2021. All securities issued pursuant to the Offering shall be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. For further details relating to the Offering please refer to the Company’s news release dated April 8, 2021.

THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY OF THE SECURITIES IN THE UNITED STATES. THE SECURITIES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "U.S. SECURITIES ACT") OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED UNDER THE U.S. SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS OR AN EXEMPTION FROM SUCH REGISTRATION IS AVAILABLE.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward-Looking Statements
This press release contains forward-looking information within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, statements regarding the ability of the Company to close the Offering, the anticipated terms of the Offering, the anticipated use of proceeds from the Offering, the anticipated size of the lead order, and the proposed timing of the Offering are "forward-looking statements". Forward-looking information can be identified by the use of words such as “will” or “believe” or variations of such words or statements that certain actions, events or results “will” be taken, occur or be achieved. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the control of the Company. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because FireFox can give no assurance that they will prove to be correct. Important factors that could cause actual results to differ materially from FireFox’s expectations.

SODANKYLÄ, FINLAND – (April 15, 2021) – FireFox Gold Corp. (TSX.V: FFOX) (“FireFox” or the “Company”) is pleased to report that it has encountered coarse visible gold (VG) in the first drill hole of a newly commenced phase 4 diamond drilling program at its 100%-owned Mustajärvi Gold Project in the Central Lapland Greenstone Belt of northern Finland. The visible gold occurs as six discrete flakes (up to 1.0mm across) in a quartz-carbonate-tourmaline vein (QCT vein) within a 32-metre-wide zone of variably veined and altered metasedimentary rocks. The drill core is being logged and prepared for sampling, so no assays are available yet to confirm the quantity or extent of gold in the drill hole.

FireFox has reported numerous drill intercepts of relatively narrow high-grade gold mineralization (as shown in Table 1) at the Mustajärvi Project since its first drill program in 2018, but this is the first visible gold reported by FireFox geologists at the project. Drill hole 21MJ001 is a significant step-out (150 metres) to the northeast from a recently reported high-grade intersection in drill hole 20MJ009 (2.0m at 33.25 g/t gold, see Company news release dated January 27, 2021) (see Figure 1: https://bit.ly/3uQyuYF ).

Highlights:

Hole 21MJ001 intercepted visible gold (at least six discrete flakes up to 1.0mm across) at a depth of approximately 185.5m downhole (see Figure 2: https://bit.ly/32guK6w)
The VG occurs in a 1.4 metre (m) section of QCT-veins from 184.2 to 185.6m depth
QCT veins also host the high-grade gold mineralization previously reported in drill holes 20MJ009, 19MJ006, and others in the Central Zone
There are several QCT veins of variable thickness within altered metamorphosed sedimentary and volcaniclastic rocks from 165.6m to the end of this hole at 199.4m downhole (see Figure 3: https://bit.ly/3adj2Of)
This hole is a step-out of approximately 150m from drill hole 20MJ009 along the northeast trending Mustajärvi Shear Zone
Drill hole 21MJ001 was completed in the early hours of April 11, 2021, so assays have not yet been completed to confirm the quantity or extent of gold in the drill core

“We are very excited to report the first visible gold from drilling at the Mustajärvi Project. The new drilling has encountered significant zones of intense alteration and veining along trend but beyond the extents of previous drilling,” commented Carl Löfberg, President and CEO of FireFox. “In light of this favorable geology, we shall move quickly to secure assays on these samples and to carefully consider our plans for the current drill program.”

Preliminary Geologic Details of Drill Hole

The Mustajärvi Project lies along the highway between the cities of Kittilä and Sodankylä, approximately 17 kilometers east of Kittilä. The project remains in the early stages of exploration, having only seen approximately 4,170m of drilling by FireFox since 2018. The property straddles the Mustajärvi Shear Zone (MSZ), a major right-lateral shear zone that has associated second and third-order structures which further dissect the project into separate structural zones. FireFox has developed a structural model that has identified dilatant zones along the major structure where higher grade gold is concentrated. Company geologists believe that the most prospective gold targets are in the Sodankylä Group metasedimentary rocks, which are to the north of the shear zone in the footwall. In this area, the Sodankylä Group includes metamorphosed sedimentary and volcaniclastic rocks. At Mustajärvi, the most quartz-rich portions of these rocks have become brittle due to pre-gold pervasive alteration with silica and albite, and host higher-grade gold where they have been shattered, brecciated, and veined.

The 2021 drill program is targeting the brittle rocks in these interpreted dilatant zones at the Northeast Target, the Central Zone with its historic surface workings, and possibly at new targets farther to the northeast and southwest. These high-grade gold (>5 g/t) pods are known to occur along a distance of more than 1.5 kilometres of the hydrothermally altered shear zone from the southwest to northeast on the project. The sparsely drilled Northeast Target is one of these pods, and the area returned the best intercepts in both the 2019 and 2020 drill programs (see Table 1). The current Phase 4 drilling program was planned to include approximately 1,400 metres of diamond core drilling, but the program may be expanded. The first hole, 21MJ001, is in the Northeast Target area, approximately 150m northeast from drill hole 20MJ009, and nearly 750m from the Central Zone of gold mineralization.

Table 1: Highlights of Previous Mustajärvi High-Grade Drill Intercepts

Drill Hole	Easting	Northing	Azimuth (°)	Plunge (°)	Depth (m)	From (m)	To (m)	Interval^* (m)	Gold (g/t)
Central Zone
18MJ002	427702	7500228	340	45	82.1	34.35	34.7	0.35	11.63
18MJ010	422728	7500162	340	45	154.8	125.5	127.5	2.00	45.05
20MJ008	427716	7500191	340	45	200	97.5	98.0	0.5	11.20
Northeast Zone
19MJ006	428296	7500537	340	45	179	125.75	127.9	1.95**	12.0
				including		126.25	127.1	0.85	24.7
20MJ009	428335	7500581	340	45	178.5	65.0	67.0	2.0	33.25
						146.5	147.0	0.5	9.36
^* - Drilling is believed to be perpendicular to the dip of the mineralization, however true widths are not yet known and will be confirmed with additional drilling and geological modeling. ** - Including 0.2m of core loss Please see the original news releases for additional details: Holes 18MJ002 and 18MJ010 reported January 21, 2019; 19MJ006, reported January 15, 2020; and 20MJ008 & 20MJ009 reported January 27^th, 2021.

In drill hole 21MJ001, the targeted volcano-sedimentary series was encountered at approximately 104m down hole and continued to the termination of the hole at 199.4m. This section of rocks is pervasively altered with moderate to very abundant amounts of silica, albite, sericite, and pyrite. The altered rock sequence is cut throughout its width by QCT veins, quartz tourmaline, and quartz veins that contain abundant to semi-massive and massive zones of pyrite (see Figure 3). There are additional sulfide, or possibly telluride and bismuth-bearing minerals (not yet confirmed), that are common in the most intensely altered and veined rocks. Intense sericitic alteration with disseminated pyrite and narrow quartz tourmaline veins (up to 1cm) can be observed at the bottom of the drill hole.

It may be significant that the most intense mineralization occurs at depths below previous drilling at the Northeast Target. Six individual zones of very well developed tourmaline and pyrite alteration can be distinguished within the albite-sericite altered tuffs and sediments from 172.8-184.2m. Near the top of this zone there is an occurrence of bladed calcite textures in a vein (see Figure 4: https://bit.ly/3uLMbrC). This is often an indication of separation of liquid and vapor phases during vein formation, which may occur in the epizonal portion of orogenic gold deposits.

Visible gold appears as six individual flakes, up to 1.0mm in size, observed on the core surface. These are hosted in a milky-colored carbonate-rich portion of a QCT vein. The vein is 1.4m-thick (184.2 - 185.6m) in total, with an approximately 5cm-wide zone of milky carbonate hosting the VG occurrence. Pyrite is abundant throughout the vein, increasing to semi-massive in places. The VG at 185.5 metres downhole occurs in close proximity to semi-massive pyrite and unconfirmed silver-colored minerals within a QCT vein.

The previous holes in the Northeast Target also hosted high-grade mineralization in quartz tourmaline and QCT veins. However, the altered and veined volcano-sedimentary package encountered in 21MJ001 is interpreted to be stratigraphically below the mineralization encountered in 19MJ006 and 20MJ009. Previous drilling reported brecciated zones in altered metasediments with abundant quartz tourmaline veins and pyrite. FireFox geologists have confirmed that the alteration and veining in the vicinity of the VG occurrence is geologically similar to the previously reported mineralization along the Mustajärvi Shear Zone and at the Northeast Target.

The drill rig has moved to drill hole location 21MJ002 (See Figure 1), which is approximately midway between drill hole 20MJ009 and 21MJ001. Company geologists are working diligently to complete the drill logging and sampling process for 21MJ001 so that samples will be delivered to the lab promptly.

FireFox cautions the reader that the samples from this new core hole have not yet been assayed. Hence, descriptions of mineralization and comparisons to previously reported mineralized intervals cannot be relied upon. However, the reported visible gold has been visually confirmed by experienced Company geologists, including FireFox’s Exploration Manager and General Manager of Exploration. The team further collaborated closely through a photographic review with senior technical advisors (Dr. Richard Goldfarb and Dr. Quinton Hennigh) and senior geologists on the board of directors (Timo Maki and Patrick Highsmith) who all confirmed the presence of coarse visible gold in the drill core.

Quality Assurance

The core was transported from the rig to the Company´s core storage facility in Sodankylä, where FireFox’s exploration team conducted geological and geotechnical logging and photographed the core. Company geologists will select and mark sample intervals prior to sawing of drill core and sampling for analysis. After insertion of quality controls samples into the shipment, the samples will be promptly delivered to an accredited laboratory for gold and multielement analyses.

Patrick Highsmith, Certified Professional Geologist (AIPG CPG # 11702) and director of the Company, is a qualified person as defined by National Instrument 43-101. Mr. Highsmith has reviewed and approved all of the geological data and observations disclosed in this news release. The review process included a rigorous analysis of photographs, telephone discussions with geologists on site, and consultation with senior technical advisors to the Company. Mr. Highsmith has visited the Mustajärvi Project and reviewed drill core in person from earlier drill programs. Mr. Highsmith is not independent of the Company, as he owns shares and is a member of the board of directors.

About the Mustajärvi Gold Project

The Mustajärvi Gold Project (the “Project”) consists of an exploration permit and exploration permit application totaling 2.68 km². The project area is flat, glacial till-covered terrain in the Lapland region of northern Finland, 17km east of the town of Kittilä, with road and power on the property. The Project is situated in the Central Lapland Greenstone Belt, which hosts several recent gold discoveries. The Project occupies more than two kilometres strike length of the Mustajärvi Shear Zone, which is believed to be a splay of the Venejoki Thrust Zone and related to the Sirkka Thrust Zone, an important host to gold mineralization in the belt. The observed gold mineralization, structural setting and work to date support the potential for a high-grade orogenic gold deposit on the Mustajärvi property.

For additional details on the Project, please visit the Company’s website www.firefoxgold.com.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the intent to move quickly to complete the drill logging and sampling process so that samples will be delivered to the lab promptly so that the Company can secure assays on the samples; plans to review the current drill program in light of the results disclosed herein; the belief as to the location of the most prospective gold targets; the location of possible new targets for the 2021 drill program; the current and future work program, including the extent and nature of exploration to be conducted in 2021; and the potential expansion of the same and the significance of the most intense mineralization occurring at depths below previous drilling at the Northeast Target. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary.

FireFox cautions the reader that the samples from this new core hole are currently being logged and prepared for sampling, so no assays are available yet to confirm the quantity or extent of gold in the drill hole. Hence, descriptions of mineralization and comparisons to previously reported mineralized intervals cannot be relied upon.

Further, although drilling is believed to be perpendicular to the dip of the mineralization, true widths are not yet known and will be confirmed with additional drilling and geological modeling.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

VANCOUVER, BC – (April 8, 2021) – FireFox Gold Corp. (TSX.V: FFOX) (“FireFox” or the “Company”) announces that it intends to raise up to $2,000,000 by way of a non-brokered private placement (the “Private Placement”). The Private Placement will consist of up to 11,111,111 units of the Company (“Units”) at a price of $0.18 per Unit. Each Unit will consist of one common share of the Company ("Common Share") and one-half of one common share purchase warrant ("Warrant"), with each whole Warrant being exercisable to acquire one common share of the Company (a “Warrant Share”) at an exercise price of $0.27 per Warrant Share for a term of two years following the closing of the Offering.

Tin International AG, a subsidiary of the Deutsche Rohstoff Group, will take part in the financing as a lead order, subscribing for approximately 3,333,333 Units or $600,000. Deutsche Rohstoff is a German natural resource holding company specializing in oil and gas in the United States as well as investment in gold and strategic metals. Upon closing of the Private Placement, Tin International AG is expected to own approximately 3.6% of the issued and outstanding shares of FireFox.

Carl Löfberg, FireFox’s President and CEO, commented, “We are very pleased to add a quality strategic corporate investor to our shareholder registry, which already includes several very strong institutional gold investors. Together, we continue to execute on our strategy in Lapland, securing a vast land package and continually advancing our projects towards discovery.”

The proceeds of the Private Placement will be used for general working capital and exploration activities on FireFox’s gold exploration properties in Finland. Prior to this financing, FireFox has 81.8 million shares outstanding, 33.2 million warrants, and 6.6 million stock options issued.

About FireFox Gold Corp.

FireFox Gold Corp is listed on the TSX Venture stock exchange under the ticker symbol FFOX. The Company has been exploring for gold in Finland since 2017 where it holds a project portfolio that includes over 80,000 hectares of prospective ground. Finland is one of the top mining investment jurisdictions in the world as indicated by its multiple top-10 rankings in recent Fraser Institute Surveys of Mining Companies. Having a strong mining law and long mining tradition, Finland remains underexplored for gold. Recent exploration results in the country have highlighted its prospectivity, and FireFox is proud to have a Finland based CEO and technical team.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the amount and timing of the current financing, current and future work program, including the extent and nature of exploration to be conducted in 2021. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

VANCOUVER, BC – (March 10th, 2021) – FireFox Gold Corp. (“FireFox” or the “Company”) reports that recent additions to its exploration tenement holdings have boosted its total holdings related to gold exploration in the Central Lapland Greenstone Belt, Finland (CLGB) to approximately 800 km^2. Since the middle of 2020, FireFox has added almost 500 km² of exploration reservations and permits to its tenure in the CLGB (See Figure 1: https://bit.ly/3cdL3pm).

Important new reservations were granted in late January and early March including Mantovuoma (“Manto”), Paartoselkä (“Paarto”), Kuussatta and Nunara. These most recent additions to the portfolio are significant because of their alignment with major gold-hosting structures and/or their proximity to the Kittilä Mine. The Company has also cemented its control of a huge block of prospective Kittilä Suite volcanic rocks north from Rupert’s Area One discovery around its existing Sarvi and Lehto permit applications.

Carl Löfberg, Chief Executive Officer of FireFox Gold Corp., commented: “The new gold rush in Lapland has resulted in a very tight land situation. The FireFox team has again proven itself to be one of the most nimble local experts in Finnish gold exploration by expanding our portfolio in key target areas. These huge new exploration reservations enable us to expand our strategy by considering strategic partnerships and joint ventures on some properties. We continue to aggressively explore our flagship projects and are looking forward to our core drilling program in April.”

FireFox has now added substantive new projects that have seen millions of dollars of historical exploration by GTK, Outokumpu, and others. These additions expand upon the Company’s flagship assets at Jeesiö, Sarvi, and Mustajärvi. Many of the key targets at these flagship projects are associated with the Sirkka Shear Zone (SSZ) and its associated splays, whereas most of the additional projects are hosted in the Kittilä Suite volcanic rocks, which host Agnico’s Kittilä Mine. The high-quality Finnish technical databases and drill core archives contain extensive information on most of the new projects, including significant gold showings in historic till sampling and core drilling. The table below summarizes the most recent additions to FireFox’s portfolio.

Table 1. Recently Granted FireFox Gold Tenements in the Central Lapland Greenstone Belt

Properties	Size (km²)	Date Granted
Lehto 2	23.0	Nov 2020
Kelontekemä	71.1	July 2020
Keulakkopäänrinne	4.8	Sept 2020
Kolho	148.1	Sept 2020
Kuussatta	80.2	Mar 2021
Mantovuoma	87.9	Mar 2021
Nunara	9.5	Jan 2021
Paartoselkä	71.0	Mar 2021
Total	495.6

Technical Highlights of Selected New Properties

Most impressive in the new map of FireFox’s CLGB tenements is the large corridor of exploration reservations in between Rupert’s Area One discovery and Agnico’s Kittilä Mine in the north. In addition to the Company’s original Sarvi and Lehto options, the FireFox team has secured 100% control of exploration rights spanning much of the Kittila Suite volcanics and numerous prospective D₃ structures. The new exploration reservations in that area include Kolho, Lehto2, Keulakkopäänrinne (“Keula”) and the recently added Kuussatta and Paarto.

The huge Kolho Property is particularly important as it occupies a structural corridor dominated by major thrust faults and cross structures, similar to the host structures at Rupert’s Ikkari Discovery and the other Area One Targets. Kolho itself covers almost 150 km² and has seen only minor historical exploration, despite FireFox geologists noting significant alteration during its 2020 reconnaissance traverses.

The significant Manto Property approaches from the southwest to within 10km of the Kittilä Mine, and it has seen significant historic exploration and drilling. The Geological Survey of Finland (“GTK”) reports a drill-delineated gold occurrence along the SSZ at Loukinen (included near the southwest limits of the reservation) having an average grade of 0.5 g/t Au. The GTK databases indicates there are a few thousand meters of shallow core drilling on several prospects, including intercepts of more than 1.0 g/t Au. There is also gold in till samples up to 11 g/t associated with a geophysical anomaly in the northwest portion of the property.

The Nunara Property also hosts exciting geology and interesting historical gold anomalies. Much of the property straddles the SSZ and includes the zone where the SSZ intersects with the Venetjärvi Thrust Fault (VTF). That major structural intersection passes through an area of mapped meta-komatiites, ultramafic volcanic rocks known to host significant gold in other orogenic gold systems. In fact, the GTK describes a noteworthy occurrence of listwanite, an unusual carbonate-altered ultramafic rock that is sometimes associated with orogenic gold deposits. Given the numerous gold and micro-nugget anomalies in the GTK data from this area, FireFox is planning ground geophysics and prospecting along interpreted crossing D³ structures at Nunara.

FireFox cautions that these data should not be relied upon. While the Company believes the data was collected professionally and with industry-standard methods, much of the information is reported from historical workers prior to the advent of Canadian National Instrument 43-101. Further, FireFox acknowledges that proximity or similar geology to an active or past-producing mine does not indicate that mineralization will occur on FireFox’s property, and if mineralization does occur, that it will occur in sufficient quantity or grade that would result in an economic extraction scenario. These data and facts were simply used as elements of the prospectivity analysis of these properties.

Quality Assurance

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the current and future work program, including the extent and nature of exploration to be conducted in 2021, as well as the planned drilling meterage on the properties described. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

VANCOUVER, BC – (March 5th, 2021) – FireFox Gold Corp. (“FireFox” or the “Company”) announces the commencement of a new, detailed, bottom-of-till (BOT) sampling campaign at its 100%-controlled Jeesiö Gold Project in the Central Lapland Greenstone Belt, Finland. The BOT program builds on recently completed reconnaissance drilling, with a focus on testing an important structural corridor that passes through the Utsamo Target. Utsamo is situated between Aurion Resources’ Risti and Launi gold occurrences, and previous field campaigns have returned numerous samples with anomalous gold, including up to 4.6 g/t gold in surface sampling (see FireFox news release dated September 3, 2019).

Carl Löfberg, Chief Executive Officer of FireFox Gold Corp., commented: “Jeesiö is a fantastic project with multiple gold targets in different settings over a huge area. Much of the area in the north of the project is covered with glacial sediments, but where outcrop and boulders occur, we have seen considerable gold. Rupert Resources recently documented that their persistent use of BOT sampling integrated with geophysics led to the new discoveries through glacial cover at Area 1. This detailed survey at Jeesiö will be our first systematic work under the glacial cover in this area, and we look forward to generating priority drill targets from these results.”

The BOT program, which is expected to continue into April 2021, will aim to test the five-kilometre-long Utsamo Corridor of complex faults and shears that are believed to occupy a flexure in the Sirkka Shear Zone (SSZ). BOT sampling is a shallow, percussion drilling method that allows for sampling below thick overburden in areas of limited outcrop, such as exists at Utsamo. The previous BOT campaign was reconnaissance in nature, comprised of only two parallel sampling lines 2.5 kilometres apart. That work led to shallow drill holes that penetrated a thick section of fault gouge on a likely splay of the SSZ but no significant gold. Firefox will use this BOT campaign to build a more detailed structural map of the Utsamo Corridor with associated gold and alteration.

The program will also test the northwest continuation of the so-called “Hinge Zone” approximately two kilometres southwest of the Utsamo Corridor (see Aurion Resources news release dated December 3rd, 2020). Aurion has encountered high-grade gold in quartz veins associated with the Hinge Zone at Launi. Multiple parallel brittle-ductile faults have been identified passing through the Jeesiö Project, sometimes associated with high-grade gold in rock chips (up to 4.6 g/t). The BOT sampling program will test these structures beneath the glacial cover.

BOT Program Details

The BOT program design includes up to 700 closely spaced sample points in an area where bedrock is covered by an estimated 5 to 30 metres of glacial overburden (See Figure 1: https://bit.ly/3rhDp3f). The basal till and bedrock interface will be targeted using a percussion drill mounted on a tracked vehicle. Company geologists will submit the resulting samples for gold and ultratrace multi-element analyses.

The BOT-sampling lines were planned to test the prospective stratigraphy and structural targets passing through the Utsamo Corridor, which have been prioritized based on geophysical data and previous mapping and drilling, including:

Structural intersections, particularly those related to late D3 structures – magnetics and EM;
Magnetic lows along structures parallel or sub-parallel to the SSZ;
Conductors/apparent resistivity lows and in-phase anomalies; and
Other structural trends identified from multiple sources (e.g. Hinge Zone trend).

Jeesiö Reconnaissance Drill Program Review

In the fourth quarter of 2020, FireFox completed a 455-metre reconnaissance drill program in the Utsamo area. The Company targeted the SSZ with four shallow diamond drill holes (20JEE001-20JEE004) in a widely spaced modified fence designed to cut as much of the structural corridor as practical (see Figure 1: https://bit.ly/3rhDp3f). These drill holes did not encounter significant gold mineralization, but there were narrow anomalies in base metals and gold pathfinder elements associated with hydrothermal alteration. The drilling intersected a lithological package consisting of sericite-altered arkosic quartzites interlayered with lesser intermediate tuffites, hypabyssal mafic sills and mafic to ultramafic volcanics.

Drill hole 20JEE001 was drilled directly into a fault zone characterized by extensive shearing (clay alteration), iron carbonate alteration, and strong oxidation of both the arkosic quartzites and mafic-ultramafic rocks. Further towards the southwest along the drill profile, drill holes 20JEE002-20JEE004 intersected arkosic quartzites which were intruded by mafic sills.

Further geological interpretation will follow as this structural trend plunges beneath glacial cover to the northwest where the extensive BOT survey is underway.

About the Jeesiö Project

The 100%-controlled Jeesiö Gold Project covers approximately 142km²of the prospective Central Lapland Greenstone Belt, proximal to other exciting recent gold discoveries in Finland. The Jeesiö properties are positioned along the major regional structure known as the Sirkka Shear Zone, a trans-crustal structure that controls the emplacement of most of the orogenic gold deposits in Lapland. The main Jeesiö targets include the Utsamo and Kataja Belt areas. Utsamo is situated directly between Aurion Resources’ Risti and Launi gold occurrences, while Kataja is only two kilometres southwest from the gold-bearing quartz-sulfide vein system at Launi.

Quality Assurance

Dr. Petri Peltonen, Technical Advisor to FireFox Gold, is a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Dr. Peltonen has helped with the collection and interpretation of the technical data generated on the Jeesiö Project, has reviewed and approves, the technical information in this news release.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

VANCOUVER, BC – (February 1^st, 2021) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to report that it has completed its earn-in requirements and exercised the option for a 100% interest in the Jeesiö Gold Project in Lapland, Finland. The exercise comes more than six months ahead of schedule.

FireFox Chairman Patrick Highsmith commented, “Jeesiö is one of our core projects, occupying approximately 142km² right in the heart of Finland’s new gold rush, with exciting targets at both the Utsamo and Kataja zones. Having completed a significant exploration program in 2020 and in position to secure our ownership, it makes perfect sense to exercise the option now. Our next program is a detailed bottom-of-till sampling program and we are planning to follow that with more core drilling in the spring.”

FireFox entered into the RJY option agreement with Magnus Minerals Ltd (“Magnus”) for the Riikonkoski, Jeesiö, and Ylöjӓrvi gold projects in August of 2017. In order to complete the option, FireFox was required to issued six million common shares and make cash payments of C$250,000 to Magnus, and to incur C$2.5 million in exploration expenditures on the projects. Magnus had extended the dates for expenditures and payments so that the final commitments were not due until August 31, 2021. FireFox met its expenditure requirements in December 2020, and with C$100,000 left in cash payments, due February 28^th and August 31^st, 2021, elected to complete the payments immediately and exercise the option. FireFox is obligated to pay Magnus an additional payment, equal to the value of 1,000 troy ounces of gold, within 12 months of the commencement of commercial production from the properties. In addition, Magnus retains a 1.5% net smelter return royalty (“NSR”), which may be reduced to 1% by the payment to Magnus of 1,000 troy ounces of gold within 90 days of publishing a positive feasibility study. FireFox maintains the Riikonkoski and Ylöjӓrvi Projects but they are not currently a focus for the Company.

About the Jeesiö Project

The Jeesiö Gold Project covers approximately 142km² of the prospective Central Lapland Greenstone Belt, proximal to other exciting recent gold discoveries in Finland. The Jeesiö properties are positioned along the major regional structure known as the Sirkka Shear Zone, a trans-crustal structure that controls the emplacement of most of the orogenic gold deposits in Lapland. The main Jeesiö targets include the Utsamo and Kataja Belt areas. Utsamo is situated directly between Aurion Resources’ Risti and Launi gold occurrences, while Kataja is only two kilometres southwest from the gold-bearing quartz-sulfide vein system at Launi.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

VANCOUVER, BC – (January 27th, 2021) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to report the results of its nine-hole (1,370 metre) phase 3 core drilling program at its 100% owned Mustajärvi Gold Project in the Central Lapland Greenstone Belt, Finland (“Mustajärvi” or the “Project”). The Project continues to yield shallow narrow high-grade intercepts, such as 2.0m at 33.25 g/t gold and 0.5m at 9.36 g/t gold in drillhole 20MJ009 and 0.5m at 11.20 g/t gold in 20MJ008.

New high-grade intercepts extend the strike of known high-grade gold along the shear zone to more than 1.5 kilometres (see Figure 1: https://bit.ly/36bdH8c). One of these new intercepts falls within the Central Zone, which has previously yielded intercepts as high as 2.0m at 45.1 g/t gold in drillhole 18MJ010 (see Company news release dated Jan. 21, 2019).

“The results from our third drill program at Mustajärvi continue to be encouraging, and our understanding of the complex structural controls is growing,” commented Carl Löfberg, President and CEO of FireFox. “Notably, the Northeast Target, which has seen very little work so far, is returning very interesting gold results. The team is engaged in detailed geological and structural modeling aimed at updating our interpretation of the key controls on the high-grade gold. The detailed ground magnetics has been helpful in identifying these structures, and we expect to conduct additional geophysical surveys and till sampling before the next phase of drilling.”

Table 1: Summary of Significant High-Grade (>4.0 g/t Au) Drill Intercepts

Drill Hole	Depth (m)	From (m)	To (m)	*Interval^ (m)**	Gold (g/t)
20MJ005	176.2	148.5	148.9	0.4	8.86
20MJ008	200.0	63.7	65.0	1.3^**	6.64
	and	97.5	98.0	0.5	11.20
20MJ009	178.5	65.0	67.0	2.0	33.25
	and	85.0	86.0	1.0	4.47
	and	146.5	147.0	0.5	9.36

^* - Drilling is believed to be perpendicular to the dip of the mineralization, however true widths are not yet known and will be confirmed with additional drilling and geological modeling. ^** - Including 1.1m of core loss

Details of Drilling and Geology

Mustajärvi occupies a major right-lateral shear zone that is sympathetic to the trans-crustal Venejoki Thrust Zone. The Mustajärvi Shear Zone (MSZ) has associated second and third structures that dissect the Project into separate structural zones. After FireFox’s structural modeling exercise during the summer of 2020, the 2020 drill holes were designed to test the interpreted dilatant zones created by the complex structural setting. There are many such narrow traps for high-grade gold mineralization along the structure, and these high-grade pods are now known to occur from drillhole 20MJ005 to 20MJ009, spanning more than 1.5 kilometres of the shear zone from southwest to northeast.

The 2020 drilling occurred in four areas of the property, (see Figure 1: https://bit.ly/36bdH8c) testing several different types of targets identified in previous drilling and last summer’s exploration program at Mustajärvi.

The sparsely drilled Northeast Target returned the best intercepts in this drill program. Drillhole 20MJ009 was a solitary hole aimed at the MSZ, collared approximately 580 metres northeast from the Central Zone and 58 metres northeast from drillhole 19MJ006 (12 g/t Au over 1.95 metres; see Company news release dated Nov. 26, 2019).

Drillhole 20MJ009 passed through the Savukoski Group ultramafic volcanics and across the sheared contact into the Sodankylä Group siliciclastic metasediments. It encountered several gold mineralized intervals, the most important of which occurred at 65.0 metres downhole depth (2.0m at 33.25 g/t Au) in a zone of multiple generations of quartz veining and abundant pyrite, including very high tellurium and bismuth. There is extensive clay alteration in the high-grade zone, perhaps related to supergene weathering effects. This interval is geologically similar to the high-grade mineralization reported from drillhole 19MJ006.

Further downhole, there are several narrow high-grade intercepts, including 1.0m at 4.47 g/t gold at 86.0 metres depth and 0.5m at 9.36g/t gold at 146.5 metres downhole depth. As with several of the drillholes, there are also thicker zones of alteration and weaker gold mineralization, such as at 93.0 metres downhole depth, where there is a weakly gold-mineralized zone over 6.0 metres associated with quartz-tourmaline veining and breccia. This interval included assays of 1.53g/t and 0.84 g/t gold, again with anomalous bismuth and tellurium.

Drillhole 20MJ008 was collared along the MSZ, 32 metres northwest of hole 18MJ010, which cut 2.0 metres of massive pyrite averaging 45.1 g/t gold. At 63.0 metres downhole depth in 20MJ008, a highly fractured zone of massive pyrite yielded 1.3m at 6.64 g/t gold (including 1.1 metres of core loss). Deeper in the hole (97.5 metres downhole), another intercept cut 0.5m at 11.2 g/t gold. Like much of the higher grades in the Central Zone, the best gold mineralization is associated with massive to semi-massive pyrite in strongly altered siliciclastic metasediments and highly-enriched bismuth and tellurium, up to 445 ppm Bi and 340 ppm Te.

Southwest of the Central Zone, the MSZ bends to the south where it encounters interpreted cross structures and is marked by a strong IP geophysical anomaly. Three drillholes in the 2020 program were aimed at these targets along the shear zone. Drillhole 20MJ005 was collared approximately 150 metres southeast from the shear zone. The hole intersected albitized, silicified and iron-carbonate altered pyrite-bearing ultramafic tuffites of the Sodankylä Group. At 148.5 metres downhole depth, a 0.4 metre pyrite-rich interval included 8.9 g/t gold, accompanied by 0.25% cobalt, anomalous nickel, bismuth, and tellurium. Higher in the hole, there are several zones of anomalous gold including an approximately 10-metre-thick interval (inclusive of 1.2 metres of core loss) with assays as high as 0.641 g/t gold. Two additional holes in the area (20MJ004 and 20MJ006) intersected the sheared contact between mafic volcanics and metasediments, including quartz-pyrite±tourmaline veins, but only weakly mineralized for gold.

The remaining drillholes did not return significant gold intercepts but contributed to mapping the MSZ and confirming alteration in the gabbro on the west end of the Project.

Table 2 includes the coordinates, direction, and dip of the phase 3 drill holes on the Project.

Table 2: Phase 3 Drill Collars. Coordinates presented in EPSG:3067

Drill Hole	Easting	Northing	Azimuth (°)	Dip (°)
20MJ001	427597	7500274	335	45
20MJ002	427640	7500291	335	45
20MJ003	427057	7499762	330	45
20MJ004	427454	7499826	330	45
20MJ005	427508	7499742	330	45
20MJ006	427438	7499877	330	45
20MJ007	427557	7500041	330	45
20MJ008	427716	7500191	340	45
20MJ009	428335	7500581	340	45

Quality Assurance

The core was transported from the rig to the Company´s core storage facility in Sodankylä, where FireFox’s exploration team conducted the geological and geotechnical logging and selected the assay intervals. Assay intervals were generally 1 metre but in some circumstances were modified according to lithological boundaries and other factors. FireFox geologists maintained chain of custody and sampling procedures reported in this news release according to best industry practice and with due attention to quality assurance and quality control, including sampling field duplicates and insertion of certified standard and blank samples.

FireFox team members transported the samples to an ALS sample prep lab in Sodankylä. The samples were first crushed to -2 mm, split and pulverized, before being shipped to a facility in Ireland for gold by fire assay of 30 gm aliquots with AAS finish (method Au-AA23). Gold values which exceeded 10 ppm were assayed with fire assay and gravimetric finish (method Au-GRA21). Other elements, altogether 48, were measured after four-acid digestion by ICP-AES and ICP-MS (method ME-MS61). ALS Laboratories is a leading international provider of assay and analytical data to the mining industry. All ALS geochemical hub laboratories, including the Irish facility, are accredited to ISO/IEC 17025:2017 for specific analytical procedures. The Firefox QA/QC program consists of insertion of certificated standard material and blanks inserted by Firefox into the analytical batches did not show deviations from recommended values.

Dr. Petri Peltonen, Technical Advisor to FireFox Gold, is a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Dr. Peltonen has supervised the collection and interpretation of the technical data generated on the Mustajärvi Project and has helped prepare, and approves, the technical information in this news release.

About the Mustajärvi Gold Project

The Mustajärvi Gold Project (the “Project”) consists of an exploration permit and exploration permit application totaling 2.68 km2. The project area is flat, glacial till-covered terrain in the Lapland region of northern Finland, 17 kilometres east of the town of Kittilä, with road and power on the property. The Project is situated in the Central Lapland Greenstone Belt, which hosts several recent gold discoveries. The Project occupies more than two kilometres strike length of the Mustajärvi Shear Zone, which is believed to be a splay of the Venejoki Thrust Zone and related to the Sirkka Thrust Zone, an important host to gold mineralization in the belt. The observed gold mineralization, structural setting and work to date support the potential for a high-grade orogenic gold deposit on the Mustajärvi property.

For additional details on the Project, please visit the Company’s website www.firefoxgold.com.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

VANCOUVER, BC – (January 25th, 2021) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to announce two additions to its exploration team in Finland. Dr. Sven Hönig joins the team as General Manager of Exploration, responsible for executing the Company’s gold discovery strategy in Finland. Dr. Hönig will report directly to the President and CEO. Mikko Nenonen is the new Exploration Manager and will be leading the Company’s exploration projects and reporting to Dr. Hönig. Dr. Petri Peltonen, formerly the Exploration Manager, will continue with the Company as a Technical Advisor.

FireFox CEO Carl Löfberg commented, “We thank Petri for his many contributions to our progress in Lapland, and we look forward to his continued input as part of our outstanding technical advisory team. We are pleased to welcome Sven and Mikko, both of whom bring excellent technical skills and a commitment to discovery. Sven’s structural geology skills will be a most welcome addition to our technical team.”

Dr. Hönig brings more than 12 years of diverse international mineral exploration experience, most recently as Senior Geologist for Kazzinc, a large-scale fully integrated producer of zinc, lead, copper and gold that is 69.7% held by Glencore. Sven has a strong background in structural geology and interpretation that he has applied to a variety of deposit types, including orogenic and intrusion-related gold. He also spent time on FireFox’s projects while working with GoldSpot Discoveries Corp. during a collaborative evaluation and targeting exercise. Having acted as chief geologist, project manager and project geologist, he has participated in all aspects of exploration, in projects ranging from grass roots to advanced stage. Sven is fluent in English, Russian, Czech and Slovak. He holds a doctorate from Masaryk University, Brno, Czech Republic, where he studied mineralized subvolcanic systems. He is a fellow of the Society of Economic Geologists, the Society for Geology Applied to Mineral Deposits, the Geological Society of London, and Czech Association of Economic Geologists.

Mr. Nenonen adds a strong background in of all aspects of mineral exploration in Finland, particularly in the Lapland region where FireFox is focusing its exploration efforts. Since 2018, Mikko has worked as a geologist on a variety of gold, nickel-copper and vanadium projects for Magnus Minerals Ltd. (“Magnus”), a highly successful private Finnish mineral prospect generator. Magnus provides technical services to FireFox, and as such, Mikko has been a part-time project geologist to FireFox for over two years, managing many aspects of both the exploration programs and stakeholder engagement. Prior to his work with Magnus, Mikko garnered gold experience exploring the Kittilä region of Lapland with Agnico Eagle Finland. Mikko is a native Finnish speaker who is fluent in English and proficient in Swedish. He holds a Master of Science in Geology and Mineralogy from the Faculty of Technology at the University of Oulu.

Corporate Update

In association with these appointments, FireFox also announces that the Board of Directors has approved the grant of stock options to certain officers, employees, and consultants of the Company allowing for the acquisition of up to, in the aggregate, 300,000 shares of the Company. The grant is pursuant and subject to the terms and conditions of the Company's existing stock option plan. The options are exercisable at a price of $0.205 per share for a period of five years from the date of grant and are subject to the approval of the TSX Venture Exchange and all regulatory approvals.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

VANCOUVER, BC – (December 1st, 2020) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to announce that Janice Craig, CPA, CGA, is joining the FireFox team as Chief Financial Officer and Corporate Secretary, effective December 1st, 2020. Andrew MacRitchie has served as CFO since the Company’s inception in 2017 and is leaving to focus on other opportunities.

“The Board would like to extend its gratitude to Andrew not only for his excellent performance as CFO, but, also for his valuable role as a co-founder of the Company, where his unwavering support and perseverance helped build FireFox into the exciting company that it is today,” commented FireFox CEO Carl Lofberg. “We are now looking forward to having Janice on board and I believe that her diverse experience in high growth corporate and entrepreneurial environments will contribute to the future success of FireFox.”

Ms. Craig is a Chartered Public Accountant who has held management roles in several publicly listed mining companies over her career working on gold, tungsten and coal projects in North America, Central America and Europe. In addition, her most recent role was Interim Finance Lead at Canadian Nuclear Labs, where she managed an annual budget of over $1B for a business of 3,500 individuals. She brings to the table a strong background in financial reporting, strategic planning, cash management and change management. Ms. Craig has also utilized her leadership and communication skills on non-profit boards and committees for over 14 years.

Other Business

FireFox also announces that the Board of Directors has approved the grant of stock options to certain officers, employees, and consultants of the Company allowing for the acquisition of up to, in the aggregate, 500,000 shares of the Company. The grant is pursuant and subject to the terms and conditions of the Company's existing stock option plan. The options are exercisable at a price of $0.25 per share for a period of five years from the date of grant and are subject to the approval of the TSX Venture Exchange and all regulatory approvals.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

VANCOUVER, BC – (November 10^th, 2020) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to announce that it has secured two new properties near Rupert Resources’ Area 1 targets in the Central Lapland Greenstone Belt (“CLGB”) of Finland.

Keulakko Property

The 4.78 km² Keulakkopäärinne (”Keulakko”) property adjoins the western boundary of the Company´s Sarvi property and will be incorporated into the Sarvi Project on the northern boundary of Rupert Resources’ Area 1 tenements. Keulakko is located approximately 2km north of the Sirkka Shear Zone and approximately 4km northwest of Rupert’s Ikkari gold discovery. Bedrock in the Keulakko area consists of mafic volcanic rocks of the Kautoselkä Formation and graphitic tuffs of the Porkonen Formation.

The area has seen some historical exploration, including reconnaissance till sampling and diamond core drilling by the Geological Survey of Finland (“GTK”). The public GTK database indicates that these programs yielded elevated gold-in-till values and short gold-bearing drill intercepts such as 0.45m @ 3.5 g/t Au and 4.6m @ 0.55 g/t Au. The GTK recommended further work in the area following the positive reconnaissance results. FireFox has applied for and been granted an exploration reservation for Keulakko, which allows for non-mechanized exploration work for 2 years, and the exclusive right to apply for an exploration permit. The Keulakko area was part of FireFox´s detailed UAV magnetic survey during the summer (see Company news release dated August 26^th, 2020).

Lehto2 Property

During the summer of 2020, FireFox geologists conducted significant reconnaissance mapping and sampling on the Lehto and Kolho properties. After noting significant alteration at Lehto in particular, the Company applied for additional ground in the area. FireFox has now been granted an exploration reservation at a second new property, Lehto2, which is 23.04 km² in size and located approximately 5 kilometres north of the Sarvi Project. Lehto2 includes several blocks that fill some of the gaps between the Company´s Lehto and Kolho properties (see Company news release dated September 16^th, 2020). Lehto2 is within a broadly similar lithological sequence as Keulakko but also includes banded iron formation (“BIF”) occurrences of up to 200 metre thickness.

Winter Till Sampling and Drilling

Following the completion of the ongoing diamond core drilling program at its Mustajärvi and Jeesiö Projects (see FireFox news release dated November 3^rd, 2020), the Company intends to launch a combined bottom-of-till (BOT) sampling and scout diamond core drilling program at Jeesiö. BOT sampling has been a key discovery strategy in Lapland for exploring beneath deeper glacial sediments, and Rupert Resources has employed it to high-profile success at Ikkari. The FireFox team is excited to deploy this new hybrid BOT – core drilling technology and expects to add significantly to its planned meterage for core drilling during the winter of 2020-2021. The drill operator will be experienced service provider Taratest Oy (https://www.taratest.fi/en/). FireFox intends to continue its BOT - core sampling program to the Sarvi Project as soon as the requisite exploration permit is granted, which is expected to occur in the first quarter of 2021. The Sarvi Project adjoins Rupert’s Area 1 to the north.

Quality Assurance

Dr. Petri Peltonen, Exploration Manager of FireFox Gold, is a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Dr. Peltonen has supervised the collection and interpretation of the technical data generated in the Company’s field program and has helped prepare, and approves, the technical information in this news release.

Patrick Highsmith, Certified Professional Geologist (AIPG CPG # 11702) and director of the Company, is a qualified person as defined by NI 43-101. Mr. Highsmith has helped prepare, and approves, the technical information in this news release.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: +1-778-244-8439

Forward Looking Statements

VANCOUVER, BC – (November 3rd, 2020) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to announce that it has started drilling at its 100% held Mustajärvi Gold Project (“Mustajärvi”) in the Central Lapland Greenstone Belt (CLGB) in Northern Finland. This drill program is part of the 2020 fall-winter drill campaign that is expected to include up to 1,400 metres of drilling to test new targets at Mustajärvi followed by approximately 400 metres of reconnaissance drilling at the Jeesiö Gold Project (“Jeesiö”), located approximately 40 kilometres to the southeast. The FireFox technical team has planned this drilling collaboratively with subject matter experts at GoldSpot Discoveries (TSXV: SPOT) ("GoldSpot").

FireFox has contracted local drilling company Oy Kati Ab Kalajoki (“Kati Drilling”) to complete the program The drill core will be cut, logged, photographed and sampled at FireFox’s field office in Sodankylä, Finland. Company geologists will dispatch the samples to the ALS Global laboratory in Sodankylä for sample preparation and subsequent gold assay and multielement analysis.

Mustajärvi Drill Program Details

The Mustajärvi Project is situated approximately 17 kilometres east of the town of Kittilä in flat, glacial till-covered terrain occupying high ground that is reached via paved highway, making it easily accessible for a fall drill campaign. The project includes a Central Zone of gold mineralization defined by historic and FireFox drilling, but geophysics, gold-in-till anomalies, and FireFox step-out drilling have defined the system for more than 2 kilometres along strike (see Company news releases dated January 21, 2019 and November 26^th, 2019).

During the summer 2020 program, geologists and geophysicists from FireFox and GoldSpot collected additional magnetics data and upgraded the three-dimension modeling of the known mineralization and its hosting structures. Features of key interest include the trans-crustal shear zone interpreted to transect the property from southwest to northeast and crossing structures having different orientations from east-west to northwest-southeast. While the deposit is known to occur at a contact between metavolcanic (mafic and ultramafic composition) and metasedimentary rocks, there is a significant gabbro body caught up in the shear zone to the west of the Central Zone.

The recently launched drill program will target structural, geochemical and geophysical targets in areas that have not seen drilling in the past. The total amount of drilling planned is between 1,300 and 1,400 metres split between three target areas.

Target area 1 is located in the western part of the license, approximately 900 metres southwest from the known mineralization. The target is associated with a rheologically competent gabbro which offers a strong contrast with the surrounding rocks. The competent gabbro appears to have accommodated deformation by fracturing, and it is located at an intersection of regional structures observed in magnetics, the southwest continuation of the Mustajärvi Shear Zone and northwest-striking D3 faults. This target area is also associated with anomalous gold, tellurium, and bismuth in till.

Target area 3 occurs within a structurally complex setting in central Mustajärvi, where the main shear zone deflects, apparently influenced by crosscutting structures of various orientations. It is also coincident with a plunging Induced Polarization chargeability (IP) anomaly and gold nugget anomalies in the down-ice direction. High grade mineralization (up to 45 g/t gold over 2m) at Mustajärvi has been associated with high sulfide intervals that may be expected to yield IP anomalies.

Jeesiö Drill Program Details

The Jeesiö Gold Project covers approximately 279km² of the prospective CLGB, proximal to other exciting recent gold discoveries in Finland. The Jeesiö properties are positioned along the major regional structure known as the Sirkka Shear Zone, a trans-crustal structure that controls the emplacement of most of the orogenic gold deposits in Lapland. The main Jeesiö targets include the Utsamo and Katajavaara areas. Utsamo is situated directly between Aurion Resources’ Risti and Launi gold occurrences, while Katajavaara is only two kilometres southwest from the gold-bearing quartz-sulfide vein system at Launi.

The reconnaissance drill program is planned to include up to 400 metres in 3 to 4 drill holes in targets at Utsamo, near the Sirkka Shear Zone. Much of the Utsamo area is covered by swamps and thicker glacial deposits, and FireFox plans to conduct base-of-till (BOT) sampling in that area later in the winter. On higher ground to the south, FireFox geologists collected gold-bearing quartz vein samples during 2019 and 2020 in an area that will be the subject of this modest reconnaissance drilling program. The holes planned in this structurally complex area are based on new information from the 2020 UAV magnetics survey integrated with the regional electromagnetics and rock sampling data. The team has interpreted a large-scale fold in the area that hosts Aurion’s Launi gold-bearing quartz veins on the eastern limb and is cut by late faults that appear to control anomalous gold samples collected on the FireFox ground.

For additional details on the Mustajärvi and Jeesiö projects, please visit the Company’s website www.firefoxgold.com.

Quality Assurance

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

VANCOUVER, BC – (October 28th, 2020) – FireFox Gold Corp. (“FireFox” or the “Company”) announces that, subject to regulatory acceptance, it has completed the non-brokered private placement (the “Private Placement”) announced on October 13th, 2020.

The Private Placement was oversubscribed, raising total gross proceeds of approximately $2,143,494 by issuing 11,908,300 units at a purchase price of $0.18 per unit. Each unit consists of one common share of the Company and one half of one common share purchase warrant, with each whole warrant being exercisable to acquire one additional common share of the Company at an exercise price of C$0.27 per share for a term of two years from the date of issuance. The Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation.

The Company intends to use the proceeds of the Private Placement for general corporate purposes, working capital and exploration activities on FireFox’s gold exploration properties in Finland.

M Partners Inc. acted as a finder in this placement. In association with this tranche of the financing, subject to TSX-V acceptance, the Company will pay to qualified finders $80,875 in cash finder’s fees and will issue 374,422 finder’s warrants exercisable at $0.18 for 2 years from the date of issuance.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1 778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the expected total financing amounts, terms, and timeframe; and the current and future work program, including the extent and nature of exploration to be conducted in 2021. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

VANCOUVER, BC – (October 13, 2020) – FireFox Gold Corp. (“FireFox” or the “Company”) announces that it intends to raise up to $2,000,000 by way of a non-brokered private placement (the “Private Placement”). The Private Placement will consist of up to 11,111,111 units of the Company (“Units”) at a price of $0.18 per Unit. Each Unit will consist of one common share of the Company ("Common Share") and one-half of one common share purchase warrant ("Warrant"), with each whole Warrant being exercisable to acquire one common share of the Company (a “Warrant Share”) at an exercise price of $0.27 per Warrant Share for a term of two years following the closing of the Offering.

It is anticipated that the proceeds of the Private Placement will be used for general working capital and exploration activities on FireFox’s gold exploration properties in Finland. Prior to this financing, FireFox has 68.9 million shares outstanding, 31 million warrants, and 6.2 million stock options issued.

The Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. The Company anticipates that the Private Placement will close on or about October 23, 2020. The Company expects to pay finder’s fees in association with this financing.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the amount and timing of the current financing, current and future work program, including the extent and nature of exploration to be conducted in 2020. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

VANCOUVER, BC – (October 6th, 2020) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to announce that a new extensive gold-bearing structure has been identified in the southern part of its Jeesiö Project. Field crews investigated the area to follow-up on anomalous gold from sampling completed in 2019. The highlights of rock chip samples from the summer 2020 program in this area include boulder samples of 2.6, 2.75, and 4.73 grams per tonne (g/t) gold and outcropping quartz-magnetite-sulphide veins containing 10.5 g/t gold. These higher-grade samples are not representative of the entire target area, but are indications of local intense gold mineralization that has not yet been tested with trenching or drilling.

This area, termed the Kataja Belt, is at least 3 kilometres long, and occurs approximately 2 kilometres west – southwest of the Launi gold target reported by Aurion Resources. The new high-resolution airborne magnetics data (see FireFox news release dated August 26, 2020) indicate that the targets identified to date in the Kataja Belt form a single gold-bearing structure, even though locally deep glacial sediments over the area preclude direct surface sampling in some areas (See Figure 1: https://bit.ly/2Sx5mV3). The magnetics data further suggest that the Kataja Belt is located within a very complex structural setting, reflected by multiple directions and generations of regional folding and significant through-going faults.

Dr. Petri Peltonen, FireFox’s exploration manager, commented on the significance of the new targets: “Interpretation of the new magnetics data indicates that late structures associated with the newly-identified gold showings in our Kataja Belt are likely related to the D3 shear structures known to control the deposition of gold in the region at major deposits such as Agnico’s Kittilä Mine.”

Based on the exciting new gold results from the southern part of the Jeesiö Project, FireFox is immediately launching an Induced Polarization (IP) survey in order to test the depth extent and continuity of the Kataja Belt mineralization, which will be followed by a bottom-of-till sampling program.

Details of the Kataja Belt

The Kataja Belt is 100% controlled by FireFox under an Exploration Permit application, which is expected to be granted in a few months. Non-mechanized exploration work is allowed under the current application, and a granted Exploration Permit will allow for drilling. So far, Company geologists have collected and analyzed more than 540 samples in the area taken from outcrops and local boulder fields. Approximately 20% of these samples (110) assayed above the detection limit for gold, while 30% of those (33) were highly anomalous at >0.100 g/t gold. Eleven rock samples in this area assayed above 1.0 g/t gold.

From south to north, the Kataja Belt consists of three gold prospects: Saittavaara, Katajavaara South and Katajavaara North. The prospects span an area at least 3 kilometres long, apparently related to en echelon northerly striking younger (“D3”) structures. The recent high-resolution airborne magnetics data reveal multiple generations of folding and faulting across the entire Jeesiö Project area. Younger asymmetric folding west of the Kataja Belt shows evidence of disruption by right-lateral shearing broadly parallel with northeast trending axial planes. These shears are associated with the gold showings in the Kataja Belt. This is notable because these structures are likely related to the D3 shears known to control the deposition of gold across the region, most notably at Agnico’s Kittilä Mine.

[FireFox cautions that proximity or similar geology to an active or past-producing mine does not indicate that mineralization will occur on FireFox’s property, and if mineralization does occur, that it will occur in sufficient quantity or grade that would result in an economic extraction scenario. These analogies are simply used as elements of the prospectivity analysis of the Company’s properties.]

At Saittavaara, boulder fields include metasedimentary rocks from a likely local source that exhibit strong quartz-sericite alteration. Some of these altered metasediments include disseminated pyrite and contain up to 2.6 g/t Au. The altered metasediments, quartz tourmaline veins, and sheeted quartz veining occur along a considerable 600-metre-long zone at the margin of a sharp linear magnetic feature, where more anomalous rock samples occur (up to 2.75 g/t Au). The FireFox teams will return to the area for additional detailed mapping and sampling of outcrop and boulders.

At Katajavaara South, which is located about 1.4 kilometres northeast from Saittavaara, quartz-magnetite-sulphide vein samples from outcrop yielded assays up to 10.5 g/t Au. This sample site is quite close to a 6.4 g/t Au sample collected in 2019, and the area of gold-rich samples now covers at least 130 by 320 metres. These anomalous samples are associated with the southwest margin of a magnetic body believed to represent mafic volcanic rocks.

Katajavaara North is located another 920 metres north along the trend of the magnetic feature. Along the eastern slope of Katajavaara Hill, fields of locally derived boulders reflect abundant mineralized quartz veins intruding metasedimentary rocks including arkose and quartzites. Samples of these quartz veins contain up to 4.73 g/t Au. This trend of anomalous samples is approximately 400 metres long and appears to be associated with a younger structure that cross-cuts the north-trending magnetic anomaly in a northeasterly direction.

Farther north, the area beyond Katajavaara seems to be dominated by a regional scale fold that encompasses the southwestern Utsamo target area and the gold-bearing veins at Aurion’s Launi prospect. The Launi prospect occupies the eastern limb of the fold, and high-grade gold occurrences at Utsamo (up to 4.56 g/t Au; see FireFox news release dated September 3, 2019) lie near the nose on the western limb of the fold.

For additional details on the Project, please visit the Company’s website www.firefoxgold.com.

Quality Assurance

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the current and future work program, including the extent and nature of exploration to be conducted in 2020, as well as receipt of survey results on the properties described. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

VANCOUVER, BC – (September 30th, 2020) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to announce that the summer exploration program has successfully generated a series of drill targets throughout its extensive gold property portfolio in the Central Lapland Greenstone Belt (“CLGB”) of Finland. The FireFox technical team, including the experts at GoldSpot Discoveries (TSXV: SPOT) ("GoldSpot"), has completed a ranking of the various targets to guide an aggressive drilling program, which the Company intends to commence this fall starting at the 100% owned Mustajärvi Gold Project (“Mustajärvi” or “the Project”).

Mustajärvi is FireFox’s most advanced project. The Company has completed two previous drilling campaigns, with multiple intervals of high-grade gold intersected, and mineralization remaining open in three directions and down-dip.

FireFox’s summer 2020 program integrated new and existing data from rock and trench sampling, till surveys, geophysical surveys, and structural analysis. At Mustajärvi, this process generated three types of priority drill targets:

Continuation of chargeability anomalies into metasediments north of known mineralization;
Major structural intersections and flexures coincident with geophysical anomalies; and
Structurally disrupted rigid bodies with alteration as well as gold and geochemical anomalies in till.

Dr. Richard Goldfarb, Technical Advisor for FireFox, noted the prospectivity of this southern portion of the CLGB where FireFox, Rupert Resources, B2 Gold, and Aurion Resources are actively exploring: “The southern part of the Kittilä terrane is marked by the structurally complex Sirkka-Venejoki system of faults that has been long noted as related to numerous gold occurrences. Recent drilling activity on these anomalies in this structural corridor by a number of companies clearly indicates that the area comprises a part of the Central Lapland Greenstone Belt that is highly prospective for the discovery of large orogenic gold deposits.”

Dr. Goldfarb went on to comment on the discovery potential seen at Mustajärvi: “FireFox’s Mustajärvi occurrence comprises gold-bearing veins along a sedimentary-volcanic rock contact within the trans-crustal Venejoki Fault. Two concealed rigid gabbro bodies on opposite sides of the fault, to the southwest of any past workings, represent distinctive sites of heterogeneous stress that are typical of environments world-wide hosting major orogenic gold deposits. Structures reflecting highly fractured intrusive rock identified from geophysical modeling now indicate some very exciting drill targets in this part of Mustajärvi.”

Additional details on the fall drilling program will be provided in the coming weeks.

Mustajärvi Project Highlights

FireFox has completed extensive work at Mustajärvi, including: detailed ground magnetics, an induced polarization (“IP”) survey, extensive bottom-of-till (“BOT”) drill sampling, a small amount of trenching, and two separate diamond core drilling campaigns in 2018 and 2019. Highlights of the previous drilling campaigns include the discovery of several intervals of high-grade gold mineralization as well as lower grade gold intersections in most of the drill holes:

Drill hole 18MJ0010 included 2m @ 45.1 g/t Au (Company news release dated Jan 21, 2019)
Drill hole 19MJ006 intercepted 1.95m @ 12 g/t Au in a 500-metre step-out hole (Company news release dated Jan 15, 2020)

Technical Discussion of Mustajärvi Targets

Outcrop is rare in this part of Lapland. At Mustajärvi, glacial till and other sediments average approximately 3 metres in depth. The historical prospect was discovered by Outokumpu Oyj in the 1990s based on exceptionally high gold content in local till. The abundant native gold in till attracted artisanal gold miners, who exploited small surficial deposits, exposing outcrop in the shallow open pits. The surface mineralization is typical of other orogenic gold occurrences in the southern part of the belt. These are typically hosted by albitized mafic-ultramafic metavolcanic and clastic metasedimentary rocks, where the gold is associated with pyrite- and telluride-bearing quartz and quartz-tourmaline veins. Previous owners Outokumpu Oyj and Aurora Exploration Oy (“Aurora”), in, respectively, 1990-1992 and 2017, conducted ground geophysical surveys (magnetic, IP, and self-potential), trenching, systematic till geochemistry, and drilled 12 shallow diamond drill holes to depths up to 72 metres.

Historic drilling on the Project by Outokumpu Oyj intersected shallow gold mineralization, including 2.7m @14.6 g/t Au (from 20.7m), 12.0m @ 2.7 g/t Au (from 21.0 m), and 1.01m @ 18.8 g/t Au (from 41.0m). The drilling suffered from significant core loss due to faulting and fracturing, therefore, widths may not represent true thickness. Aurora geologists also collected grab samples during the 2017 field season from trenches and boulders; one sample of sulfide-rich quartz vein material assayed 79.8 g/t Au.

While the Company believes the preceding historical drilling and sampling data are reliable, readers are cautioned that a “qualified person” (as defined by National Instrument 43-101) has not yet completed sufficient work to be able to verify the historical information, and therefore the information should not be relied upon.

FireFox geologists later confirmed the presence of high-grade gold in surface channel samples, which were reported in a Company news release dated Jan 3, 2019. There were 33 chip samples collected from a vein system and adjoining wallrock over 45 metres of strike. These samples ranged from < 0.005 to 140.5 g/t Au and averaged 10.84 g/t Au, including numerous samples of more than 10 g/t Au. This work was followed up by two drill programs in 2018 and 2019 as summarized above. Drilling to date has tested less than 800 metres of strike along the major fault system that hosts the known high-grade gold and only to depths of less than 200 metres below surface. The drilling indicated mineralization remains open in three directions and down dip.

The 2020 summer field program included significant mapping and prospecting activity across the FireFox portfolio of properties. In addition to FireFox geologists, GoldSpot dispatched a senior structural geologist to join the FireFox field teams. At Mustajärvi, the team excavated eight trenches/test pits on the western end of the property in an attempt to reach bedrock. Only four of the trenches reached bedrock, and in these cases, geologists observed gabbroic rocks with several parallel quartz veins, with strong alteration halos surrounding the veins. The most significant gold result was 296 ppb, from a till sample taken at a depth of 4 metres.

The integrated effort between FireFox and GoldSpot has improved confidence in several geophysical anomalies, especially where they coincide with prospective structural features and geochemical anomalies in BOT samples. Target area 1 is located in the western part of the license, approximately 900 metres southwest from the known mineralization. The target is associated with a rheologically competent gabbro which offers a strong contrast with the surrounding metasediments. The competent gabbro appears to have accommodated deformation by fracturing, and it is located at an intersection of regional structures observed in magnetics, the southwest continuation of the Mustajärvi shear zone, and northwest-striking D3 faults. This target area is also associated with anomalous gold, tellurium, and bismuth in till.

Target area 2 is located on the northern side (footwall) of the main Mustajärvi mineralization where anomalous till values (elevated gold, tellurium, and bismuth) are closely associated with geophysical conductors parallel and in close proximity to known auriferous veins. Target area 3 is located within a structurally complex setting in central Mustajärvi, where the main shear zone deflects, apparently influenced by other northeast-trending faults. It is also coincident with a plunging IP (chargeability) anomaly and gold nugget anomalies in the down-ice direction.

For additional details on the Project, please visit the Company’s website www.firefoxgold.com.

Quality Assurance

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,
“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the current and future work program, including the extent and nature of exploration to be conducted in 2020, as well as receipt of survey results on the properties described. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

VANCOUVER, BC – (September 24th, 2020) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to announce that renowned exploration geologist Dr. Quinton Hennigh has joined its Technical Advisory Board.

Dr. Hennigh joins a team of senior explorers from Finland and North America. The Technical Advisory Board also includes Dr. Rich Goldfarb, a founding FireFox team member, and one of the most published researchers in the world on orogenic gold deposits. The technical team from GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot") has also been in the field with FireFox geologists during the summer. These external experts will continue to work closely with Dr. Petri Peltonen, FireFox’s exploration manager, and technical directors, Timo Maki and Patrick Highsmith.

Dr. Hennigh began his distinguished career in gold exploration after obtaining his PhD in Geology/Geochemistry from the Colorado School of Mines. After working with major gold companies such as Newcrest Mining and Newmont Mining, Dr. Hennigh founded Novo Resources Corp (TSXV: NVO), acting as its CEO and currently serving as Chairman. Among his notable project involvements are First Mining Gold’s Springpole gold deposit in Ontario, Kirkland Lake Gold’s acquisition of the Fosterville gold mine in Australia, the Rattlesnake Hills gold deposit in Wyoming, and Lion One’s Tuvatu gold project on Fiji, among many others.

“We are excited to welcome Quinton to the FireFox team. He is among the most focused and creative explorers in our business,” commented Patrick Highsmith, Chairman of FireFox. “The Central Lapland Greenstone Belt is an emerging gold terrane with analogies to other important orogenic gold belts, but only now are we seeing sufficient geophysics, geochemistry, structural geology, and drilling to unlock the next wave of discoveries. It is perfect timing to integrate the ideas from Goldspot and our Technical Advisory Board ahead of our planned winter drill program.”

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the current and future work program, including the extent and nature of exploration to be conducted in 2020, as well as receipt of survey results on the properties described. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

SODANKYLÄ, FINLAND – (September 16^th, 2020) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to announce that it has added two new properties to its exploration portfolio in the Central Lapland Greenstone Belt (CLGB) of Finland (see Figure 1: https://bit.ly/2E4DOD5). During the course of FireFox’s 2020 summer field season, the Company has applied for and been granted two new exploration reservations, the Kolho and the Kelontekemä Properties. These new reservations bring FireFox’s tenement holdings in northern Finland to approximately 1,720 km², among the largest holdings of gold explorers in Lapland. Field programs have been initiated at both properties.

Kolho Property - Eastern margin of CLGB

On September 3^rd, the Finnish mining authority granted FireFox Gold a large new exploration reservation covering approximately 148.15 km² within the counties of Kittilä and Sodankylä. The new property lies approximately 21 km from the Kittilä mine (Agnico Eagle) and 4 km from the Pahtavaara Mine (Rupert Resources). Geologically, the area is located along the eastern margin of the Kittilä Suite of rocks. The area is characterized by a major thrust fault between allochthonous oceanic crust (Kittilä Suite) thrusted onto older rocks to the east. The Kittilä Suite consists of Kautoselkä and Vesmajärvi mafic volcanic rocks and Porkonen mafic graphite tuffs (the same sequence of rocks hosting the gold deposits at the Kittilä Mine). The leading edge of the thrusted sheet consists of Savukoski Group ultramafic volcanics, Matarakoski black schists and Sodankylä Group arkosic quartzites (the lithological association that hosts Rupert’s Ikkari discovery). The autochthonous rocks to the east are comprised of older Archean basement rocks.

FireFox cautions that proximity or similar geology to an active or past-producing mine does not indicate that mineralization will occur on FireFox’s property, and if mineralization does occur, that it will occur in sufficient quantity or grade that would result in an economic extraction scenario. These facts were simply used as elements of the prospectivity analysis of these properties.

In spite of its prospective lithological and structural setting, the Kolho area has not seen significant gold exploration activity in the past. FireFox has already initiated a mapping and sampling campaign in Kolho. Associated with the NW-SE striking shear zone, the teams have identified brittle quartz-limonite-pyrite veins, sheeted veins and quartz stockwork within moderately to strongly silicified mafic volcanics and tuffs. Assays for the first round of rock samples are pending. FireFox geologists have also identified and assayed 128 historical bottom-of-till (BOT) samples collected by the Geological Survey of Finland (GTK), for gold and pathfinder elements. The GTK samples yielded anomalous gold and multielement anomalies warranting further prospecting.

Kelontekemä Property – West of Jeesiö Project

On July 27^th, the Finnish mining authority granted FireFox Gold another new exploration reservation encompassing approximately 71.06 km² in the counties of Kittilä and Sodankylä. The new property lies between the Company’s Jeesiö (east) and Mustajärvi (west) Projects, just south of the Sirkka Shear Zone. Apart from a few gold anomalies in till samples, there is no evidence of significant historic gold exploration at Kelontekemä, but FireFox teams are conducting reconnaissance mapping and sampling in the area as part of the 2020 field season. This application was competitive with other groups, such as Rupert Resources, who hold ground to the east and north.

Quality Assurance

Dr. Petri Peltonen, Exploration Manager of FireFox Gold, is a qualified person as defined by National Instrument 43-101. Dr. Peltonen has supervised the collection and interpretation of the technical data generated in the Company’s field program and has helped prepare, and approves, the technical information in this news release.

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: +1-778-244-8439

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the current and future work program, including the extent and nature of exploration to be conducted in 2020, as well as receipt of survey results on the properties described. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

SODANKYLÄ, FINLAND – (August 26^th, 2020) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to provide an update on its 2020 summer exploration program in the Central Lapland Greenstone Belt (CLGB) of northern Finland. Since announcing the commencement of field work in mid-July (see Company news release dated July 14, 2020), work has progressed smoothly across FireFox’s large land position.

The team has reached the following milestones towards designating targets for the anticipated fall-winter drill program:

A high-resolution UAV (unmanned aerial vehicle) airborne magnetics survey has been completed
- 2,314 line kilometres surveyed at 50m flight line spacing and nominal 35m sensor altitude;
Excavator trenching and sampling is underway on two different projects;
Follow-up sampling and mapping in several areas after strong results in 2019; and
The GoldSpot integrated interpretation exercise is underway, with a geologist on site in Finland.

The majority of the work has been focused on the Jeesiö Project and the Sarvi property of the Seuru Project, close to the ongoing work being conducted by Aurion Resources and Rupert Resources. However, continued work at the Company’s 100% owned Mustajärvi Project has revealed new areas of alteration warranting following up trenching and sampling (See various Company news releases in 2019, but most notably those dated Jan 3, Jan 21, and Mar 1).

Detailed Airborne Survey

The Company has now completed the detailed airborne magnetic survey over its Jeesiö Project and the Sarvi property. The drone-based survey, conducted by Radai Ltd (www.radai.fi), covered more than 104 km² with tightly spaced 50-metre flight lines. A preliminary review of the results from both areas demonstrates that the new data provide significantly improved resolution over the older governmental regional airborne surveys. This is facilitating much more precise follow-up of the potential host structures in the area.

In particular, the team is excited about the additional information on the structural setting of the Katajavaara Target, in the southern part of the Jeesiö Project and southwest of Aurion’s Launi vein discovery. FireFox geologists had previously interpreted the gold-bearing quartz veins at Katajavaara to be related to an intersection of the southeast striking Venejoki Thrust Zone, (VTZ) and north-south oriented faults (see Company news release dated June 9, 2020). It is now clear from the new magnetics data that the role of the VTZ is not very significant, but instead the gold is likely controlled by north-northeast trending, younger D₃ strike-slip faults and key lithologic contacts. It has long been recognized that there is a similar association of gold mineralization with D₃ shearing at the Kittilä Mine, where the deposit occurs within a slight bend of a major D₃ shear, the Kiistala Shear Zone.

Mapping and Sampling at Sarvilehto

FireFox geological teams have been conducting surface exploration at the Sarvi and Lehto properties north of Rupert’s Ikkari and Heinä discoveries. The glacial sediments tend to be a little thicker here, often obscuring outcrop. However, there are significant features evident in the magnetics and historical sampling that warrant follow-up. Geologists have been mapping and sampling along apparent D₃structures that crosscut or track along magnetic highs. While no data are available from the sampling yet, the geologists have noted significant veining, albite alteration, and sulfides associated with contacts between metasediments and mafic intrusive and volcanic rocks.

Apart from the completion of the airborne magnetics survey, perhaps the most significant accomplishment of the summer program to date has been the collection of hundreds of structural measurements and more than 1,000 rock samples in areas that hadn’t seen significant modern exploration. Management expects results from rock and trench sampling to be reported during September and October.

Corporate Update

FireFox also wishes to report that its board of directors has issued 2.7 million incentive stock options to certain officers, directors, employees, and consultants of FireFox and its subsidiary, subject to the terms of the Company’s incentive stock option plan. The options have an exercise price of $0.15 cents per share, and are valid for five years from the date of issuance, until August 26, 2025.

Quality Assurance

About FireFox Gold Corp.

For more information, please refer to the Company’s website and profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: 604-328-4789

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the current and future work program, including the extent and nature of exploration to be conducted in 2020, as well as receipt of survey results on the properties described. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

VANCOUVER, BC – (July 27th, 2020) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to provide an update on its summer exploration program, including the commencement of the next-generation integrated interpretation and targeting exercise for the Company’s gold projects in the Central Lapland Region of Finland.

FireFox has engaged GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot"), a leader in utilizing artificial intelligence for target generation in mineral exploration. GoldSpot will apply machine learning and its proprietary expertise to delineate new drill-ready targets for orogenic gold mineralization, as well as identify prospective areas regionally. The process will involve analyzing all available geological and remote sensing data from FireFox’s properties, including information from the current field program such as the results of the ongoing high-resolution airborne magnetics survey. GoldSpot will work closely with the FireFox technical team, as well as FireFox’s Technical Advisor and orogenic gold specialist, Dr. Richard Goldfarb.

FireFox’s chairman, Patrick Highsmith, remarked on the alliance with GoldSpot, “We are very excited to unleash GoldSpot’s cutting-edge technology on our gold projects in northern Finland. Our new integrated team encompasses FireFox’s deep Finland expertise and more than 120 years of economic geology experience, and the structural geology, geophysics, geochemistry, and technology mavens from GoldSpot. We believe the future of gold discovery will be driven by high-quality data, technical excellence, and smart application of machine learning.”

Denis Laviolette, Executive Chairman and President of GoldSpot Discoveries, commented “GoldSpot Discoveries is excited to bring our big data solution to Finland, a world class mining jurisdiction that is notoriously rich in data. We believe FireFox’s gold projects have incredible potential and GoldSpot will be able leverage its team and technology to unlock significant value. We believe GoldSpot’s approach to integrating FireFox’s existing and newly generated datasets with the Geological Survey of Finland’s impeccable geodatabase (which includes over 130 years of historical data), will provide FireFox with a significant advantage over other explorers in the area.”

GoldSpot's subject matter experts will homogenize, integrate, process and interpret exploration datasets such as mapped or logged lithology, geophysics, surface and downhole geochemistry, and structural data. These interpreted and derived products will be used as input layers to GoldSpot's proprietary AI (machine learning) techniques, which will then be validated by their team of expert geoscientists, in collaboration with the FireFox team.

Summer Exploration Program Update

FireFox is also pleased to report that its previously announced summer exploration program is well underway. The 2,100 line-kilometre unmanned aerial vehicle (UAV) based magnetic survey is approximately 50% complete with results expected by the middle of August (see news release dated July 14, 2020 and note revision to 2,100 from 1,100 line-kilometres). Trenching is underway at the Jeesiö Project and the reconnaissance mapping and sampling program is ongoing. Several batches of samples have already been dispatched to the laboratory for gold and multi-element analyses.

Quality Assurance

About FireFox Gold Corp.

For more information, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

About GoldSpot Discoveries Corp.

GoldSpot Discoveries Corp. (TSXV: SPOT) is a technology and investment company that leverages machine learning to reduce capital risk while working to increase efficiency and success rates in resource exploration and investment. GoldSpot combines proprietary technology with traditional domain expertise, offering a front-to-back service solution to its partners, and in some cases, capital to finance exploration programs. GoldSpot's solutions target big data problems, making full use of historically unutilized data to better comprehend resource property potential. For more information see www.goldspot.ca .

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:
FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-328-4789

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the current and future work program, including the extent and nature of exploration to be conducted in 2020, as well as receipt of survey results on the properties described. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

SODANKYLÄ, FINLAND – (July 14th, 2020) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to announce that following its oversubscribed non-brokered private placement (see Company news release dated July 2, 2020), it has launched a multidisciplinary field program on several of its gold projects in the Central Lapland region of Finland. The majority of the field work will be focused on the Jeesiö and Sarvilehto (“Sarvi”) Projects, which are in a portion of the Central Lapland Greenstone Belt (“CLGB”) that has been a hotbed of recent activity by fellow explorers, Aurion Resources, Rupert Resources, and others. The primary objective of the program is to define drill targets at both Jeesiö and Sarvi for a fall and winter drill program.

There are four major elements of the summer exploration program:

A high-resolution UAV (unmanned aerial vehicle) based airborne magnetics survey;
Excavator trenching and systematic sampling at several projects, and potentially other areas as prospecting results dictate;
Follow-up prospecting, reconnaissance mapping and sampling in areas of known gold mineralization or prospectivity, as well as newly acquired exploration reservations; and
A next-generation integrated interpretation and targeting exercise using multivariate data across the Company’s Lapland properties.

Patrick Highsmith, FireFox’s chairman, commented, “We are very excited to launch a significant and fully funded summer exploration program that will include a state-of-the-art UAV magnetics survey as well as extensive good old-fashioned prospecting. Our Jeesiö and Sarvi Projects occur on-trend with important structures, where we have already identified gold occurrences of note. In addition to this work, we look forward to unveiling a next-generation integrated targeting exercise in the coming weeks. It is fantastic to see the Central Lapland Greenstone Belt finally enjoying significant levels of funding and drilling for its gold potential. As a team, we have been working these rocks for a long time; the emerging discoveries in the belt have heightened the intensity for all of us.”

Detailed Airborne Survey

The airborne survey will commence in mid-July and will span over 1,100 line-kilometres. Radai Ltd (www.radai.fi) will conduct the survey at the Jeesiö and Sarvi Projects and surrounding areas. Radai is an experienced, innovative Finnish provider of airborne geophysics and other services, who has conducted recent mineral exploration airborne surveys in Lapland for Boliden, Rupert Resources, and others.

The Radai team will deploy a fixed-wing autonomous aircraft using a fluxgate sensor to measure total magnetic field. The aircraft will operate at an altitude of 40 metres with flight line spacing of 50 metres in order to achieve high resolution. The detailed magnetic data will facilitate a careful analysis of bedrock geology beneath the glacial sediments, including faulting, folding, and alteration that may be important indications of gold mineralization.

Excavator Trenching and Sampling

FireFox has also mobilized teams to Lapland for a trenching program that is expected to last for at least two weeks. Since most of Lapland is covered by glacial sediments of varying thickness, trenching is an excellent tool for exploration where an excavator can reach bedrock by removing glacial sediments and other regolith. The teams will first target the gold anomalies at Jeesiö where geologists collected numerous rock samples in 2018 and 2019 containing up to 6.4 grams per tonne (g/t) of gold (refer to News Releases filed on SEDAR, in particular that dated January 23, 2020).

The machine will also travel to the Mustajärvi Project, where FireFox has previously reported high-grade gold in boulders, channel samples, and in core drilling at shallow depths below surface (See 43-101 Technical Report on SEDAR, as well as Company news releases dated January 3 and 21, 2019). The Phase 1 drill program in late 2018 followed from a small drill program on the property by Outokumpu in the 1990’s. FireFox identified a different style of mineralization that included narrow intervals of massive to semi-massive pyrite and grades up to 45 g/t over 2.0 metres from 125.5 metres downhole. The mineralization is believed to be related to the northeast trending Venejoki Thrust Zone, which is a splay of the well-known Sirkka Shear Zone, but there appear to be important cross structures that are not well understood. New trenches at Mustajärvi will enable collection of extensive structural geology data and detailed sampling of key structures, alteration, and host rocks.

The extent of the trenching program could expand based on the mapping and sampling work that is already underway. The Company expects the trenching to include hundreds of metres of excavation and sampling in areas with anomalous rock and till geochemistry, or where geophysics or drilling indicate important near-surface features of interest.

Prospecting, Mapping, and Sampling

Other activities already in progress include a 2-month mapping and sampling program concentrated in the Jeesiö and Sarvi exploration areas. FireFox’s land holdings are extensive and outcrop is sparse, so reconnaissance mapping during the summer season is important to identify outcrop and update geological maps. Some of the last field expeditions in 2019 turned up highly anomalous gold samples, such as the 6.4 g/t sample at the Katajavaara Target on the Jeesiö Project. The teams will be following up on these emerging targets, as well as pushing into new areas, such as prospective greenfield areas in the newly acquired Naula and Lehto exploration reservations. The vast historical databases in Finland offer huge potential. A component of this program will be to apply modern assay and ultra-trace geochemical methods to historical till samples acquired by the Geological Survey of Finland (GTK).

The Naula reservation covers approximately 21,820 hectares and is located in the western part of the CLGB along the northeast continuation of major crustal-scale structures from the historical Saattopora Gold Mine. The Lehto exploration permit application area (494 hectares) is located closer to FireFox’s other properties in the eastern end of the belt, approximately 27 kilometres southeast from the Agnico Eagle’s Kittilä Mine. The Lehto property occurs within the Kittilä Group volcano-sedimentary sequence, which also hosts the Kittila Mine. Regional geologic maps suggest that the underlying bedrock is dominated by mafic volcanics, including iron tholeiites, graphitic tuffs, and banded iron formation along NS-trending structures. [ FireFox cautions that proximity or similar geology to an active or past-producing mine does not indicate that mineralization will occur on FireFox’s property, and if mineralization does occur, that it will occur in sufficient quantity or grade that would result in an economic extraction scenario. These facts were simply used as elements of the prospectivity analysis of these properties.]

Quality Assurance

Dr. Petri Peltonen, Exploration Manager of FireFox Gold, is a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Dr. Peltonen has supervised the collection and interpretation of the technical data generated in the Company’s field program and has helped prepare, and approves, the technical information in this news release.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-328-4789

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the current and future work program, including the extent and nature of exploration to be conducted in 2020, as well as future possible drilling on the properties described. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

VANCOUVER, BC – (July 2nd, 2020) – FireFox Gold Corp. (“FireFox” or the “Company”) announces, effective today that, subject to regulatory acceptance, it has completed the second and final tranche of the non-brokered private placement (the “Private Placement”) announced on June 11th, 2020 and upsized on June 25th, 2020. As a result of significant interest in FireFox’s projects, the Company created an opportunity to bring on several new shareholders of significant size, resulting in a private placement that has been substantially oversubscribed. In completing the second tranche, FireFox has increased the total gross proceeds of the Private Placement to $2,000,000.

In this final tranche, the Company raised gross proceeds of $927,500 by issuing 9,275,000 units of the Company at a purchase price of $0.10 per unit. Each unit consists of one common share of the Company and one half of one common share purchase warrant, with each whole warrant being exercisable to acquire one additional common share of the Company at an exercise price of C$0.12 per share for a term of two years from the date of issuance. The Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation.

The Company intends to use the proceeds of the Private Placement for general corporate purposes, working capital and exploration activities on FireFox’s gold exploration properties in Finland.

M Partners Inc. acted as a finder in this placement. In total, over both tranches the Company will pay to qualified finders $97,300 in cash finder’s fees and will issue 973,000 finder’s warrants exercisable at $0.10 for 2 years from the date of issuance.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-328-4789

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the expected total financing amounts, terms, and timeframe; and the current and future work program, including the extent and nature of exploration to be conducted in 2020. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

VANCOUVER, BC – (June 25^th, 2020) – FireFox Gold Corp. (“FireFox” or the “Company”) announces, effective today that, subject to regulatory acceptance, it has completed the first tranche of the non-brokered private placement (the “Private Placement”) announced on June 11^th, 2020. The Private Placement has been substantially oversubscribed. The Company intends to complete a second tranche of the Private Placement before July 1, 2020, which is expected to increase the total gross proceeds of the Private Placement to approximately $1,572,500.

In this first tranche, the Company will have raised total gross proceeds of $1,072,500 by issuing 10,725,000 units of the Company at a purchase price of $0.10 per unit. Each unit consists of one common share of the Company and one half of one common share purchase warrant, with each whole warrant being exercisable to acquire one additional common share of the Company at an exercise price of C$0.12 per share for a term of two years from the date of issuance. The Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation.

The Company intends to use the proceeds of the Private Placement for general corporate purposes, working capital and exploration activities on FireFox’s gold exploration properties in Finland.

M Partners Inc. acted as a finder in this placement. In association with this tranche of the financing, subject to TSX-V acceptance, the Company will pay to qualified finders $18,725 in cash finder’s fees and will issue 187,250 finder’s warrants exercisable at $0.10 for 2 years from the date of issuance.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-328-4789

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the expected total financing amounts, terms, and timeframe; and the current and future work program, including the extent and nature of exploration to be conducted in 2020. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

VANCOUVER, BC – (June 11, 2020) – FireFox Gold Corp. (“FireFox” or the “Company”) announces that it intends to raise up to $500,000 by way of a non-brokered private placement (the “Private Placement”). The Private Placement will consist of up to 5,000,000 units of the Company (“Units”) at a price of $0.10 per Unit. Each Unit will consist of one common share of the Company ("Common Share") and one-half of one common share purchase warrant ("Warrant"), with each whole Warrant being exercisable to acquire one common share of the Company (a “Warrant Share”) at an exercise price of $0.12 per Warrant Share for a term of two years following the closing of the Offering.

It is anticipated that the proceeds of the Private Placement will be used for general working capital and exploration activities on FireFox’s gold exploration properties in Finland. Prior to this financing, FireFox has 48.8 million shares outstanding, 21.2 million warrants, and 3.5 million stock options issued.

The Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. The Company anticipates that the Private Placement will close on or about June 26, 2020. The Company may pay finder’s fees to qualified finders in association with a portion of this financing.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-328-4789

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the proposed financing amounts, terms, and timeframe; the current and future work program, including the extent and nature of exploration to be conducted in 2020; as well as option agreements and FireFox’s ultimate equity in the properties described. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

VANCOUVER, BC – (June 9, 2020) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to provide an update on its 2020 exploration plans in the Central Lapland Greenstone Belt (CLGB) of Finland. Based on favorable results from the summer of 2019 and recent emerging discoveries on neighbouring properties, the FireFox technical team intends to focus its activities on portions of the Seuru and Jeesiö properties during the summer field season.

At Seuru, the FireFox team plans to carry out its first detailed program at the Sarvilehto target area. Geologists will conduct reconnaissance mapping and sampling, and contract a detailed airborne magnetic survey using an unmanned aerial vehicle (UAV). The new magnetics data will provide improved understanding of the structural setting and bedrock geology. The team will use the integrated database to design a detailed bottom-of-till (BOT) sampling program targeting prospective structures. Depending upon results of the summer field work, FireFox will likely conduct BOT sampling during the early winter to define drill targets for later diamond drilling.

At the Jeesiö Project, FireFox will be focusing on the newly discovered Katajavaara Target where field teams collected a 6.4 g/t gold sample on one of the last traverses of the 2019 summer season (See Company news release dated January 23, 2020). The 2020 program plans include a detailed airborne UAV magnetic survey to supplement the small ground magnetics survey conducted in 2019. Trenching by excavator may be completed in the summer program, based on results from follow-up mapping and sampling. Drilling of priority targets would then follow in a 2020-2021 winter program.

Sarvilehto Target, Seuru Property

The Sarvilehto Target is one of the southernmost prospects in the extensive Seuru group of properties. Sarvilehto is located approximately 5 kilometres north of the Sirkka Shear Zone (SSZ) – the well characterized south-dipping imbricate thrust stack that stretches from northwest to southeast across the CLGB for more than 100 kilometres. The SSZ is closely associated with multiple gold deposits, occurrences, and exploration prospects.

FireFox acquired the Sarvilehto Target based on its favorable geological setting, gold anomalies in historic till sampling, and interpreted prospective northeast trending structures. The area is largely covered by mixed glacial deposits, but an interpretive geological map from the Geological Survey of Finland (GTK) and limited sampling have provided significant information about the bedrock. The interpreted geology at Sarvilehto consists mainly of the mafic metavolcanic rocks of the Kittilä Suite, which include extensive tholeiitic and Fe-tholeiitic meta-basalt. These mafic volcanic rocks are intercalated with graphite-bearing tuffite, black shale, and chert. A very similar lithological sequence hosts the world-class Kittilä Mine, which lies 35 kilometres northwest and is operated by Agnico Eagle.

The Kittilä rocks on the Sarvilehto Property are crosscut by northeast trending shear zones that are interpreted to be associated with younger strike-slip movement, sometimes referred to as the D₃ event (or the third major deformation event in the region). These D₃ structures are often associated with gold mineralization, particularly where they change orientation or intersect earlier major faults such as the SSZ or associated structures. For example, the Kittilä Mine occurs at a slight bend of a major D₃ shear – the Kiistala Shear Zone¹. In addition, recent drilling by Rupert Resources at its Area 1 target (approximately 1.5-3.5 kilometres south of Sarvilehto) has targeted D3 structures and their intersections with earlier regional structures (see Rupert Resources news release dated May 12, 2020).

[Although the geological setting on the adjacent Rupert Resources property provides geologic context for the Sarvilehto Property, it is not necessarily indicative of the geology or mineralization that may occur on the Company’s property.]

The Sarvilehto Target has seen minimal exploration work so far. Altogether, the GTK and FireFox have collected approximately 155 till samples on the property using light portable percussion drills. The analyses of those samples have yielded moderate gold anomalies, which are associated with elevated values of important pathfinder elements such as arsenic, bismuth, tellurium, and copper. FireFox geologists have also conducted heavy mineral sampling and detailed morphological characterization of gold grains at Sarvilehto. A 10-kilogram heavy mineral sample yielded 118 gold “micronuggets” and associated anomalous arsenic, bismuth, and tellurium. The gold grains were angular and showed no significant abrasion, suggesting short glacial transport distances from their source. Importantly, this particular sample was collected directly on top of an interpreted northeast striking D₃ structure.

The Sarvilehto Prospect is part of the Seuru option agreement under which FireFox is earning 100% interest from Magnus Minerals (See Company news release dated August 30, 2018), but the Seuru group of properties includes other tenements that are 100% owned by FireFox.

Katajavaara Target, Jeesiö Project

Katajavaara occurs south of the SSZ and approximately 9 kilometres south of FireFox’s Utsamo Target. As reported in April, this part of the Jeesiö Project occupies the middle of a corridor of almost continuous gold anomalies stretching from the Risti Target (Aurion Resources) in the north down through Utsamo and Aurion’s Launi Target to Katajavaara in the south.

The Venejoki Thrust Zone (VTZ), a major D₂ shear zone, is interpreted to cross the area from northwest to southeast at Katajavaara. The target appears to occupy a structural intersection of the VTZ with an interpreted north-south oriented D₃ structure.

At Katajavaara, FireFox geologists collected anomalous gold rock samples along a north-south trend stretching more than 1 kilometre and open in all directions. Anomalous rock chip samples in the area are often associated with the margins of gabbroic intrusions, which often appear as magnetic highs. There is significant topographic relief in the area and glacial cover deposits are thin. In fact, the highest-grade rock chip sample (6.4 g/t Au) was collected from an outcropping quartz-sulphide-carbonate vein.

The Jeesiö Project includes properties that are subject to an option agreement under which FireFox is earning 100% interest from Magnus Minerals (See Company news release dated August 1, 2017) as well as separate properties that are 100% owned by FireFox, such as the Katajavaara prospect.

Quality Assurance

Dr. Petri Peltonen, Exploration Manager of FireFox Gold, is a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Dr. Peltonen has supervised the collection and interpretation of the technical data generated in the Company’s field program and has helped prepare and approves the technical information in this news release.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-328-4789

Forward Looking Statements

Forward-looking statements in this release may include statements regarding: the current and future work program, including the extent and nature of exploration to be conducted in 2020, as well as option agreements and FireFox’s ultimate equity in the properties described. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

Footnote:

¹ - Patison, N. L. 2007. Structural Controls on Gold Mineralisation in the Central Lapland
Greenstone Belt. Geological Survey of Finland, Special Paper 44, 107–124, 7 figures and 4 tables.

VANCOUVER, BC – (May 15th, 2020) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to report that it has signed amendments to its property option agreements with Magnus Minerals Ltd., (“Magnus”) that defer and extend the schedule of both exploration obligations and cash payments. The amendments cover the Jeesiö, Riikonkoski, Ylöjärvi and Seuru properties, and include extensions to the schedules by up to one year from their original dates.

FireFox Chairman Patrick Highsmith commented, “From the outset, our agreements with Magnus were structured with minimal cash payments and a clear focus on money into the ground, as both companies agreed that is the best path to discovery and value. By providing additional flexibility in the timing, Magnus continues to demonstrate its commitment to FireFox’s success in Finland. The amended terms help ensure the security of our project tenure even during these challenging times, while we proceed with planning our field work for the 2020 summer field season. Management is based in Finland and is attentive to the health, safety, and logistical requirements imposed by the COVID-19 situation.”

Through the execution of superseding amendments to the option agreements, FireFox and Magnus have extended the interim deadlines by which certain exploration expenditure and cash payments are to be made.

An important result of the amendments is that FireFox has extended the term by one year for the final earn-in expenditures and cash payments to execute its option on the Riikonkoski, Jeesiö, and Ylöjärvi (RJY) properties. The Company now has until August 31, 2021 to invest $485,000 in exploration on the RJY properties, and the final cash payments to Magnus over that period will now occur as follows:

$60,000 on or before August 31, 2020;
$50,000 on or before February 28, 2021; and
$50,000 on or before August 31, 2021.

In addition, the amendments push back the milestones by six months for earn-in exploration works and cash payments on the Seuru group of properties. In order to complete its vesting in 100% interest in the Seuru Properties, the Company will now be required to invest a further $1.305 million in exploration work by October 5, 2021, including $305,000 by October 5, 2020. The cash payment schedule has also been pushed back, resulting in $50,000 payments to Magnus being due on October 5, 2020 and October 5, 2021.

The parties have confirmed that FireFox’s option agreements are in good standing. Fieldwork is expected to resume on the RJY and Seuru properties during summer of 2020.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-328-4789

Forward Looking Statements

The information herein contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, the extent of work stoppage and economic impacts that may result from the COVID 19 virus, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include statements regarding: the current and future work program, including the extent and nature of exploration to be conducted in 2020, as well as future earn-in exploration expenditures and option payments. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

VANCOUVER, BC – (April 23^rd, 2020) – FireFox Gold Corp. (“FireFox” or the “Company”) announces, effective today that, subject to regulatory acceptance, it has completed the non-brokered private placement (the “Private Placement”) announced on April 17^th, 2020. The Company raised total gross proceeds of $281,500 by issuing 5,630,000 units of the Company at a purchase price of $0.05 per unit. Each unit consists of one common share of the Company and one whole common share purchase warrant , with each warrant being exercisable to acquire one additional common share of the Company at an exercise price of C$0.08 per share for a term of two years following the closing of the Offering.

Certain directors, officers and other insiders of the Company purchased or acquired direction and control over a total of 850,000 Units under the private placement. The placement to those persons constitutes a “related party transaction” within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”) adopted in the Policy. The Company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61 101 in respect of related party participation in the placement as neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involved the related parties, exceeded 25% of the Company’s market capitalization (as determined under MI 61-101). Further details will be included in a material change report to be filed by the Company.

After this financing, FireFox has 48.8 million shares outstanding, 21.3 million warrants, and 3.5 million stock options issued.

The Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day, expiring August 24^th, 2020, in accordance with applicable securities legislation. The Company will pay $1,350 in finder’s fees to qualified finders in association with this financing.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-328-4789

Forward Looking Statements

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include statements regarding the completion of the Private Placement and the timing thereof and the use of proceeds therefrom. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary. The forward-looking statements contained in this press release represent the expectations of FireFox as of the date of this press release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

VANCOUVER, BC – (April 17, 2020) – FireFox Gold Corp. (“FireFox” or the “Company”) announces that it intends to raise up to $200,000 by way of a non-brokered private placement (the “Private Placement”). The Private Placement will consist of up to 4,000,000 units of the Company (“Units”) at a price of $0.05 per Unit. Each Unit will consist of one common share of the Company ("Common Share") and one whole common share purchase warrant ("Warrant"), with each Warrant being exercisable to acquire one common share of the Company (a “Warrant Share”) at an exercise price of C$0.08 per Warrant Share for a term of two years following the closing of the Offering.

It is anticipated that the proceeds of the Private Placement will be used for general working capital and exploration activities on FireFox’s gold exploration properties in Finland. Prior to this financing, FireFox has 43.2 million shares outstanding, 15.6 million warrants, and 3.5 million stock options issued.

The Shares issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. The Company anticipates that the Private Placement will close on or about April 30, 2020. The Company does not intend to pay any finder’s fees in association with this financing.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-328-4789

Forward Looking Statements

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include statements regarding the completion of the Private Placement and the timing thereof and the use of proceeds therefrom. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary. The forward-looking statements contained in this press release represent the expectations of FireFox as of the date of this press release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

VANCOUVER, BC – (April 9, 2020) – FireFox Gold Corp. (TSX-V: FFOX) (“FireFox” or the “Company”).

Dear Investor,

We hope this update finds you and your family in good health. We are pleased to report that the FireFox team and extended family are well, enthusiastic about the upcoming bull market in gold, and anxious to get to the field in Finland.

The future of FireFox Gold’s operations has not changed. The gold market is strong, and we believe it is headed for an extraordinary period. FireFox is well positioned to help feed the appetite for gold discovery.

We remain focused on the under-explored Central Lapland Greenstone Belt, where we believe our large land package is ripe for discovery. FireFox is among the largest holders of mineral exploration rights in Lapland, where four junior companies and one major effectively control the entire belt.

In March, we attended the Prospectors and Developers Association of Canada annual conference in Toronto and exhibited for the first time, hosting very good traffic. As recently as five or six years ago, there was only one major gold company in Finland, Agnico Eagle Mines Limited. Today there are five mid-tier to major gold companies exploring in Finland or looking for projects and partners. We held many meetings and are well regarded for our large, strategic property position and our unparalleled strength on the ground – Finnish geologists, Finnish management, and an extraordinary network in our home country.

The winter season will end in April, and May is the melt season in Finnish Lapland, when on-the-ground exploration generally pauses. The summer field season effectively begins in June after two metres of snow has melted and conditions dry up. For this reason, the COVID-19 pandemic has not dramatically affected FireFox’s field work in Lapland. Currently, our technical team is working on processing data from our previous programs, and preparing detailed plans for the summer session. We aim to be back in the field commencing in June and will keep you updated on that goal as we get closer.

We will focus much of the 2020 work in the Utsamo area, located between Aurion’s Risti and Launi Gold Projects, approximately 15 kilometres from the town of Sodankylä. This Risti – Utsamo – Launi gold corridor tracks through our Jeesiö Project, associated with the Sirkka Shear Zone. We have numerous indications of gold in till and float samples at Utsamo, as well as potentially favorable host rocks and structural targets beneath shallow glacial sediments. The program in this area is likely to include additional geophysics, bottom-of-till sampling, and mapping and sampling to delineate drill targets. For a summary of the most recent work at all our projects, I refer you to our website (www.firefoxgold.com) where we post our updated presentations.

Like many of you, my family is living in some form of partial lock-down, but our office is a four-minute walk from home, and I am still able to work there every day. My wife has been home schooling our five kids, so it’s a team effort, but we are fortunate that life isn’t too far from normal, apart from the lack of international travel. Be there for your loved ones and try to be productive every day – good rules to live by even in the best of times. We wish you and yours health and success in everything you do.

I look forward to speaking or meeting with many of you in the coming days. Please also feel free to contact us directly. You can find our contact details below.

Sincerely yours,

“Carl Löfberg”

President and CEO, FireFox Gold Corp.
Mobile: +1 604 328 4789 or
Mobile: +358 50 3730 777 or
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Additional Contacts

Patrick Highsmith
Chairman
Mobile: +1 303 668 3264
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Andrew MacRitchieCFO
Tel: +1 604 558 7687
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Quality Assurance

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

Forward Looking Statements

The information herein contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, the extent of work stoppage and economic impacts that may result from the COVID 19 virus, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include statements regarding: the current and future work program, including the extent and nature of exploration to be conducted in 2020, whether or not geophysics and BOT sampling are completed; the timing of results; and possible extensions of anomalies, favorable geology, and mineralization along with its thickness and quality. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained herein represent the expectations of FireFox as of the date of dissemination and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

It should also be noted that while FireFox's properties are sometimes adjacent to or nearby operating or historic gold mines or active gold projects being advanced by other companies, the mineralization on properties nearby FireFox's land packages is not necessarily indicative of mineralization on FireFox's properties.

VANCOUVER, Jan. 23, 2020 /CNW/ - FireFox Gold Corp. (FFOX-TSX.V) ("FireFox" or the "Company") is pleased to report a newly discovered gold target (Katajavaara) within the Company´s 100%-owned Jeesiö Gold Project in the Central Lapland Greenstone Belt, Finland. Katajavaara is located nine kilometres south of the Company´s Utsamo target, (see FireFox news release dated January 21, 2020) and only two kilometres southwest from the gold-bearing quartz-sulfide vein system at Aurion's Launi project (see Map 1: https://bit.ly/2NLRHHW).

FireFox Gold geologists conducted reconnaissance bedrock mapping and boulder hunting in the Katajavaara area in late September 2019, identifying and sampling quartz-sulfide veins in several locations. In total, company geologists submitted 62 rock samples for analysis. The best results were associated with mafic, gabbroic intrusions. Eleven samples returned anomalous gold (greater than 0.1 g/t) including one quartz-sulphide vein sample with 6.4 g/t gold (see Table 1 below). The team has not yet had an opportunity to return to the area for follow-up mapping and sampling, but the data collected to date outlined a 1.1 km-long anomalous gold zone that trends SSE-NNW and remains open in all directions. The Katajavaara target is situated on the interpreted Venejoki Shear zone, a major transcrustal thrust system running broadly in a West-East direction on the south side of the Sirkka Shear Zone.

"Katajavaara is the third compelling gold prospect within the Jeesiö Project, further supporting our excitement about the potential of the area," commented Carl Löfberg CEO of FireFox Gold. "FireFox is currently planning follow-up activities, including the extension of a ground magnetic survey, additional bottom-of-till (BOT) surveys and a mapping campaign to advance the Katajavaara Prospect."

Heavy indicator mineral surveys were conducted by Outokumpu Oy in the late 1980´s and identified a strong gold-in-till anomaly on the southern side of Katajavaara Hill, but these results were never followed up. Several of these till samples, approximately 20 kgs in weight, contained more than 50 small gold particles, the maximum count being 98 grains, significantly more than the background value in the area of about 5 grains. [While the Company believes the preceding historical sampling data are reliable, readers are cautioned that a "qualified person" (as defined by National Instrument 43-101) has not yet completed sufficient work to be able to verify the historical information, and therefore the information should not be relied upon. Outokumpu data retrieved from the Geological Survey of Finland (GTK) database.]

In 2019, Firefox conducted a detailed 46-line kilometer in-house ground magnetic survey covering 2.4 km²of the Katajavaara area. Results indicate that the historical gold anomalies are spatially associated with strongly magnetic, often linear bodies, believed to represent mafic-ultramafic dykes that intruded the Sodankylä Group sediments.

Table 1. Anomalous Gold Samples from Katajavaara Reconnaissance Mapping.

Sample	Au ppm	Type	Easting	Northing	Remarks
MNEN-2019-119.1	6.388	Outcrop	471568	7479562	Quartz-sulphide vein, in contact to gabbroic intrusive.
MNEN-2019-120.1	2.610	Outcrop	471572	7479562	Quartz-sulphide vein, in contact to gabbroic intrusive.
JMÄK-2019-72.1	0.476	Outcrop	471567	7479574	Vein Quartz
MNEN-2019-120.2	0.362	Outcrop	471572	7479562	Quartz-sulphide vein, in contact to gabbroic intrusive.
MNEN-2019-121.1	0.192	Boulder	471564	7479569	Vein quartz with dark reddish hematite staining
MNEN-2019-117.1	0.191	Outcrop	471646	7479470	Quartzite. Cross-cut by several quartz veins with amphiboles and minor hematite
MNEN-2019-115.1	0.188	Boulder	471584	7479484	Quartz vein with some amphibole veinlets and hematite
MMUE-2019-179	0.171	Boulder	471656	7479571	Hematized quartzite with quartz veins. Abundant rusty spots and some hematized pyrite
JMÄK-2019-73.1	0.153	Outcrop	471568	7479564	Vein Quartz
AVIG-2019-73	0.129	Boulder	471182	7480415	Quartzite
MNEN-2019-125.1	0.127	Boulder	471169	7480468	Vein quartz boulder between quartzite outcrop blocks, including hematite + micas

About the Jeesiö Gold Project

The Jeesiö Gold Project (the "Project") consists of valid exploration permits, exploration permit applications and exploration reservations covering an area of 279 km². The Project is located within a structural corridor transected by both the Sirkka and the Venejoki Shear Zones. The project area is flat, glacial till-covered terrain in the Lapland region of northern Finland, 12 km north-west of the town of Sodankylä. The Project is situated in the Central Lapland Greenstone Belt, which hosts several recent gold discoveries. The observed gold mineralization, structural setting and work to date support the potential for an orogenic gold deposit on the Jeesiö property.

For additional details on the Project, please visit the Company's website www.firefoxgold.com.

Quality Assurance

FireFox geologists maintained chain of custody of the samples. The sampling procedures reported in this news release were conducted according to best industry practice and with due attention to quality assurance and quality control, including the insertion of standard and blank samples. The rock samples were transported to Eurofins Labtium laboratory in Sodankylä, Finland, with one half stored and the other half crushed, pulverized and split with a riffle splitter.

The lab performed fire assay for gold on 25 gram aliquots followed by ICP-OES determination (method 704P; detection limit 0.01ppm). In addition, the lab reports a large suite of elements from a subsample that is digested in hot aqua regia and analyzed by ICP (method 511P). Eurofins Labtium laboratory is an independent facility accredited to the SFS-EN ISO/IEC 17025:2005 standard. The quality system of Eurofins Labtium also complies with the requirements of the Standards Council of Canada (CAN-P-1579) "Guidelines for Accreditation of Mineral Analysis Testing Laboratories".

Dr. Petri Peltonen, Exploration Manager of FireFox Gold, is a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Dr. Peltonen has supervised the collection and interpretation of the technical data generated in the Company's field program and has helped prepare, and approves, the technical information in this news release.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company's profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

"Carl Löfberg"
Chief Executive Officer

CONTACT:CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-558-7687

Forward Looking Statements

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include statements regarding: the current drill program, including the expected number, depth, location, and direction of the drill holes; the timing of assay results; and possible extensions of mineralization along with its thickness and quality. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained in this press release represent the expectations of FireFox as of the date of this press release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

VANCOUVER, BC – (January 21, 2020) – FireFox Gold Corp. (TSX-V: FFOX) (“FireFox” or the “Company”) is pleased to report that it has completed a three-hole (446 metres), reconnaissance drilling program at the Utsamo Target area within its 100% owned Jeesiö Gold Project in the Central Lapland Greenstone Belt, Finland. The drilling tested 180 metres of strike within a five-kilometre corridor of complex faults and shears that are believed to represent a section of the Sirkka Shear Zone (see Figure 1a: https://bit.ly/37dcvzM) (see FireFox news release dated September 3, 2019). The Sirkka Shear provides the structural control for most known gold deposits in Central Lapland.

“This initial reconnaissance drill program has demonstrated that the Utsamo Property covers what is believed to represent an important flexure in the Sirkka Shear Zone,” commented Carl Löfberg, CEO of FireFox Gold. “This promising area lies between Aurion’s Launi East and Risti discoveries to the southeast and northwest, respectively. These drill holes constituted the first sub-surface test of the area as part of a larger exploration program that will identify and test additional targets along the structural corridor.”

Program Results and Interpretation

At Utsamo, both gold in bottom-of-till (BOT) samples and anomalous Ionic Leach samples are spatially associated with the margins of magnetic bodies (mafic-ultramafic sills) and contacts between low and high resistivity domains. The IP resistivity low in Utsamo was interpreted to represent a near-vertical fault zone. Hole 19JEE001 started within the surface projection of the IP resistivity low and was drilled towards the NE, while holes 19JEE002 and 19JEE003 were drilled from the NE to the SW in order to transect the IP resistivity low (see Figure 1b: https://bit.ly/37dcvzM).

The three Utsamo drill holes intersected a lithological package consisting of arkosic quartzites interlayered with lesser intermediate tuffites and mafic volcanics, which are intruded by narrow mafic and ultramafic dykes or sills. Drill holes 19JEE002 and 19JEE003 intersected 25-metre thick fault gouge that was formed by extensive shearing, alteration and oxidation of both the arkosic quartzites and mafic-ultramafic rocks. The fault gouge was intersected about 100 metres down-dip and is comprised of pervasive clay alteration enriched in iron oxides. Importantly, it contains abundant fragments of quartz-carbonate-sericite veins – similar to those associated with gold elsewhere in the region. Despite the promising structure, lithological association and alteration, the fault gouge did not yield significant gold grades in these drill holes.

“All three of these shallow drill holes at Utsamo confirmed the presence of the targeted fault,” stated Dr. Petri Peltonen, Exploration Manager of FireFox Gold.

“The possibility remains that gold and other mineralization occurs at deeper levels of these sub-vertical fault zones. Alternatively, and probably more likely, the drilled structure is just one of many within this wide structural corridor, and the source of the gold indicated by the bottom-of-till and Ionic Leach samples is related to other second or third order faults nearby.”

Since gold-bearing quartz-carbonate-tourmaline-sulfide veins and altered quartzites are frequently discovered in the Jeesiö Project area (see FireFox news release dated September 3, 2019) and nearby (see Aurion Resources news release dated Feb. 12, 2019), the area remains highly prospective. FireFox is currently planning the follow-up activities, including additional BOT surveys and a mapping campaign to progress its Jeesiö Project.

About the Jeesiö Gold Project

The Jeesiö Gold Project (the “Project”) consists of valid exploration permits, exploration permit applications and exploration reservations covering an area of 279 km². The Project is located within a structural corridor transected by both the Sirkka and the Venejoki Shear Zones. The project area is flat, glacial till-covered terrain in the Lapland region of northern Finland, 12 km north-west of the town of Sodankylä. The Project is situated in the Central Lapland Greenstone Belt, which hosts several recent gold discoveries. The observed gold mineralization, structural setting and work to date support the potential for an orogenic gold deposit on the Jeesiö property.

For additional details on the Project, please visit the Company’s website www.firefoxgold.com.

Quality Assurance

The core was transported from the rig to the Company´s core storage facility in Sodankylä, where the geological and geotechnical logging was conducted, and assay intervals selected by FireFox´s exploration team. Intervals were generally 1 m but in some circumstances were modified according to lithological boundaries and other factors. FireFox geologists maintained chain of custody of the samples. The sampling procedures reported in this news release were conducted according to best industry practice, with due attention to quality assurance and quality control, including the insertion of standard and blank samples. After the logged core was cut in half it was transported to the ALS Minerals preparation laboratory in Sodankylä, Finland, with one half stored and the other half crushed, pulverized and split with a riffle splitter. Analysis was completed at ALS Minerals facilities in Loughrea, Ireland and Rosia Montana, Romania using Au-AA24 (50g fire assay with AAS detection for gold) and ME-MS61 (4 acid digestion with ICP-MS detection for 48 elements) methods.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-558-7687

Forward Looking Statements

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include statements regarding: the current drill program, including the expected number, depth, location, and direction of the drill holes; the timing of assay results; and possible extensions of mineralization along with its thickness and quality. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained in this press release represent the expectations of FireFox as of the date of this press release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

VANCOUVER, BC – (January 15, 2020) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to report final results of the Phase 2 diamond core drilling program at its 100% owned Mustajärvi Gold Project in the Central Lapland Greenstone Belt, Finland. This phase of drilling consisted of nine drill holes, with assays for the first five holes reported on November 26th, 2019. The program has significantly expanded the footprint of the Mustajärvi mineralization by intersecting massive tourmaline-quartz-pyrite veins approximately 500 metres northeast of the known Central Zone mineralization, including 0.85 metres averaging 24.7 g/t Au within 1.95 metres averaging 12 g/t Au in Hole 19MJ006.

“The results from Mustajärvi continue to indicate that gold mineralization is associated with the Mustajärvi Shear Zone, potentially over more than 900 metres of strike length,” commented Carl Löfberg, President and CEO of FireFox Gold. “There is potential to expand mineralization, particularly to the northeast of the Central Zone and around the Mustajärvi NE target.”

Summary of Recent Results

Hole 19MJ007 was a step-out hole collared 250m southwest of the Mustajärvi Central Zone drill holes. It targeted a major bend in the Mustajärvi shear zone that is spatially associated with a strong IP chargeability anomaly and low resistivity values. This single drill hole intersected anomalous gold concentrations (1 metre averaging 0.15 g/t Au between 170.6-171.6 metres down hole) in proximity to the interpreted contact between metasediments and gabbro. Due to these anomalous values and the favorable lithological setting, “Mustajärvi SW” remains a valid target for additional follow-up drilling.

Drill holes 19MJ008 and 19MJ009 were drilled within the Mustajärvi Central Zone with the goal of extending the high-grade mineralization yielded earlier by 18MJ010 (2 metres averaging 45.1 g/t Au; see FireFox news release dated Jan 21, 2019). Drill hole 19MJ008 targeted an area between the high-grade mineralization and the most eastern drill hole of the Mustajärvi Central Zone. It intersected anomalous gold grades (1 metre averaging 0.18 g/t Au). Drill hole 19MJ009 targeted the continuation of the high-grade mineralization of 18MJ010 about 50 metres to the southwest. It intersected three narrow intervals of mineralization: 1 metre averaging 1.07 g/t Au from 105–106m down hole; 0.5 metre averaging 2.36 g/t Au and 0.1% Co from 112.1–112.6m down hole; and 1 metre averaging 3.49 g/t Au between 145–146m down hole.

The last drill hole, 19MJ003, was drilled almost perpendicular to the direction of all the other drill holes. Its purpose was to test a second mineralized structure (Trend 2; see FireFox new release dated Jan 3, 2019) which was identified during the trenching at the Mustajärvi Central Zone. While the gossanous samples collected from this trench yielded good grades (9 samples range from 0.05 to 7.91 g/t Au and averaging 2.05 g/t Au), the drilling identified a weakly anomalous zone measuring about 20-metres-wide that yielded peak values of 1 metre averaging 0.17g/t Au (between 10-11 metres down hole), 0.4 metres averaging 0.2 g/t Au (between 14.2-14.6 metres down hole) and 0.2 metres averaging 0.5 g/t Au (between 20.4-20.6 metres down hole). Due to difficult drilling conditions, the hole suffered from strong core loss, making the identification of representative grades of the Trend 2 mineralization ambiguous.

The results of these drill holes within the Mustajärvi Central Zone mineralization are interpreted to indicate that the high-grade zone, earlier intersected by drill hole 18MJ010, is discontinuous and displays the strong pinch-and-swell nature of the gold-mineralized veins at Mustajärvi.

Overall, the Phase 2 drilling campaign was successful in discovering new significant gold mineralization approximately 500 metres NE from the Mustajärvi Central Zone, indicating that the Mustajärvi Shear may be mineralized over at least 900 metres of its strike. The Mustajärvi SW area, 250 metres southwest of the Central Zone, warrants additional follow-up drilling to confirm the expansion of the Mustajärvi system in this direction.

Table 1: Summary of Drill Intercepts

Drill Hole	Easting (metres)	Northing (metres)	Azimuth (°)	Dip (°)	Depth (m)	From (m)	To (m)	Interval (m)	Gold (g/t)
19MJ001	427740	7500128	340	-45	199.6	107.3	109.3	2.0	0.33
AND						142.2	142.8	0.6	4.5
19MJ002	427703	7500153	340	-45	152.3	117.7	118.7	1.0	0.64
AND						136.55	137.1	0.55	1.27
19MJ003	427708	7500278	269	-45	64.9	10.0	11.0	1.0	0.17
AND						14.2	14.6	0.4	0.2
AND						20.4	20.6	0.2	0.5
19MJ004	427752	7500169	340	-45	153.7	84.85	86.75	1.9	1.06
19MJ005	428230	7500505	340	-45	150.8	73.0	75.0	2.0	0.9
19MJ006	428296	7500537	340	-45	179.0	125.75	127.9	1.95*	12.0
INCLUDING						126.25	127.1	0.85	24.7
AND						144.7	145.7	1.0	2.29
19MJ007	427574	7499938	310	-45	196	170.6	171.6	1.0	0.15
19MJ008	427798	7500182	340	-45	149.2	86	87	1.0	0.18
19MJ009	427713	7500118	340	-45	185.3	105.0	106.0	1.0	1.07
AND						112.1	112.6	0.5	2.36
AND						145.0	146.0	1.0	3.49
Notes: Holes 1, 2, 4, 5, and 6 were originally reported in the news release dated November 26th, 2019. Drilling is believed to be perpendicular to the dip of the mineralization, however true widths are not yet known and will be confirmed with additional drilling and geological modeling following the program. Internal dilution and tails are mineralized but assay below the Company’s 1 g/t cutoff for high grade gold. *Includes 0.2m core loss

For additional details on the Project, please visit the Company’s website www.firefoxgold.com.

Quality Assurance

The core was transported from the rig to the Company´s core storage facility in Sodankylä, where the geological and geotechnical logging was conducted, assay intervals selected by FireFox´s exploration team and it was cut in half. Intervals were generally one metre but in some circumstances, were modified according to lithological boundaries and other factors. FireFox geologists maintained chain of custody and sampling procedures reported in this news release according to best industry practice and with due attention to quality assurance and quality control, including the insertion of standard and blank samples. The logged core was then transported to Labtium Laboratory Oy in Sodankylä, Finland, where half core samples were crushed, pulverized and split with a riffle splitter.

The lab performed fire assay for gold on 25 gram aliquots followed by ICP-OES determination (method 704P; detection limit 0.01ppm). In addition, the lab reports a large suite of elements from a subsample that is digested in hot aqua regia and analyzed by ICP-OES and ICP-MS (method 515PM). The multielement analyses are not completed at the time of this news release. Labtium Laboratory Oy is an independent facility accredited to the SFS-EN ISO/IEC 17025:2005 standard. The quality system of Labtium also complies with the requirements of the Standards Council of Canada (CAN-P-1579) “Guidelines for Accreditation of Mineral Analysis Testing Laboratories”.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-558-7687

Forward Looking Statements

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include statements regarding: the current drill program, including the expected number, depth, location, and direction of the drill holes; the timing of assay results; and possible extensions of mineralization along with its thickness and quality. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained in this press release represent the expectations of FireFox as of the date of this press release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

VANCOUVER, BC – (November 26th, 2019) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to report the first results of the Phase 2 diamond core drilling program at its 100% owned Mustajärvi Gold Project in the Central Lapland Greenstone Belt, Finland. This phase of drilling consisted of nine drill holes, and assays have been received from the first five holes. Notably, two step-out drill holes, 19MJ006 and 19MJ005, intercepted gold mineralization 500 metres northeast of the known gold mineralization (the “Central Zone”), which has a strike length of approximately 400 metres. These holes targeted the previously untested northeastern extent of the shear zone that controls mineralization in the Central Zone. At “Mustajärvi NE”, this shear zone is associated with consecutive gold-in-till anomalies, which continue at least one kilometre northeast from the newly discovered gold mineralization (see Figure 1: https://bit.ly/2qEXl69).

Drill hole 19MJ006 intersected more than 50 metres of a strongly brecciated zone with abundant quartz-tourmaline veining. Gold mineralization averaging 12 g/t Au over 1.95 metres was intersected between 125.75 and 127.9 metres down-hole (including 0.2 metre core loss). This mineralized interval consisted of massive tourmaline-quartz-pyrite veining with more than 50% tourmaline and 10-20% pyrite. Within the same broad breccia zone, a second mineralized zone intersected one metre averaging 2.29 g/t Au between 144.7 and 145.7 metres down-hole. This intercept consisted of a quartz-pyrite vein with ~40% pyrite. A second step-out hole, 19MJ005, was collared 75 metres west-southwest of drill hole 19MJ006. It intersected a similar brecciated zone as seen in hole 19MJ006, although narrower. Assays returned two metres averaging 0.9 g/t Au.

“This drill program has successfully expanded the potential gold footprint of the Mustajärvi Project,” commented Carl Löfberg, President and CEO of FireFox Gold. “The shear zone that controls the mineralization identified to date is currently defined over nearly three kilometres in strike and today’s reported step out holes give further evidence of the potential this structure holds. Future drilling will test within the new 500-metre step-out to determine the extent of mineralization in the northeastern extent of the shear zone.”

An additional three new holes, 19MJ001, 19MJ002 and 19MJ004, were drilled within the Central Zone in order to follow up the high-grade gold interval discovered earlier this year (hole 18MJ002 yielded 2m @ 45 g/t Au; see FireFox new release dated Jan 21, 2019). These new drill holes confirmed the presence of gold veins at predicted depths 25 metres along strike in both directions and 25 metres down-dip.

Drill hole 19MJ001, which targeted gold mineralization 25 metres down-dip of 18MJ002, intersected 0.6 metres averaging 4.5 g/t Au starting from 142.2 metres down hole and an anomalous two metre interval averaging 0.33g/t Au from 107.3 metres down hole. Hole 19MJ002, located 25 metres west of 18MJ002, intersected an anomalous one metre interval averaging 0.64 g/t Au at 117.7 metres, and 0.55 metres averaging 1.27g/t Au from 136.55 metres down hole. Hole 19MJ004, was collared 25 metres east of 18MJ002 and intersected 1.9 metres averaging 1.06g/t Au. Gold mineralization in all three holes was associated with semi-massive pyrite mineralization with accessory quartz and tourmaline.

Table 1: Summary of Drill Intercepts

Drill Hole	Easting (metres)	Northing (metres)	Azimuth (°)	Dip (°)	Depth (m)	From (m)	To (m)	Interval (m)	Gold (g/t)
19MJ001	427740	7500128	340	-45	199.6	107.3	109.3	2.0	0.33
AND						142.2	142.8	0.6	4.5
19MJ002	427752	7500096	340	-45	152.3	117.7	118.7	1.0	0.64
AND						136.55	137.1	0.55	1.27
19MJ004	427752	7500168	340	-45	153.7	84.85	86.75	1.9	1.06
19MJ005	427814	7500192	340	-45	150.8	73.0	75.0	2.0	0.9
19MJ006	427709	7500244	340	-45	179.0	125.75	127.9	1.95	12.0
AND						144.7	145.7	1.0	2.29
Notes: Drill hole numbering was not consecutive. Drilling is believed to be perpendicular to the dip of the mineralization, however true widths are not yet known and will be confirmed with additional drilling and geological modeling following the program. Internal dilution and tails are mineralized but assay below the Company’s 1 g/t cutoff for high grade gold.

For additional details on the Project, please visit the Company’s website www.firefoxgold.com.

Quality Assurance

The lab performed fire assay for gold on 25 gram aliquots followed by ICP-OES determination (method 704P; detection limit 0.01ppm). In addition, the lab reports a large suite of elements from a subsample that is digested in hot aqua regia and analyzed by ICP-OES and ICP-MS (method 515PM). The multielement analyses are not completed at the time of this news release. Labtium Laboratory Oy is an independent facility accredited to the SFS-EN ISO/IEC 17025:2005 standard. The quality system of Labtium also complies with the requirements of the Standards Council of Canada (CAN-P-1579) “Guidelines for Accreditation of Mineral Analysis Testing Laboratories”.

Corporate Update

The Company is also pleased to announce that it has engaged Petri Nousiainen as Investor Relations Director, Europe, subject to the acceptance of the TSX Venture Exchange. Mr. Nousiainen is a Certified European Financial Analyst with over 20 years of experience as a broker and trader in Finland. He also served as the Chairman of Finland's Stock Brokers' Association for eight years. Mr. Nousiainen is tasked with building the shareholder base by introducing FireFox to his extensive network of contacts including brokers, portfolio managers and high net worth investors in Finland and throughout Europe. In consideration, the Company has agreed to pay, via its wholly-owned Finnish subsidiary FireFox Gold Oy, a monthly salary of 2,800€ for a term of 1 year. Mr. Nousiainen currently holds 135,500 shares of FireFox.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-558-7687

Forward Looking Statements

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include statements regarding: the current drill program, including the expected number, depth, location, and direction of the drill holes; the timing of assay results; and possible extensions of mineralization along with its thickness and quality. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained in this press release represent the expectations of FireFox as of the date of this press release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

^{NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.}

VANCOUVER, BC, November 20, 2019 – FireFox Gold Corp. ("FireFox" or the "Company") (TSXV: "FFOX") announces that the Company has completed the previously announced issuance of shares in exchange for drilling services. FireFox entered into an agreement for services with Oy Kati Ab Kalajoki ("Kati"), an arm's length party, pursuant to which the Company has now issued common shares of the Company in full satisfaction of drilling services provided by Kati in Northern Finland (the "Shares for Services").

Under the agreement, the deemed price of the common shares to be issued was to be calculated using the closing price of the Company's common shares on the first trading day after the last date on each invoice in which Services are provided to the Company.

The Company has now received invoices from Kati for all work performed and has issued an additional 1,959,300 common shares with a value of approximately $0.124 per share in settlement of invoices totaling $243,309 in this tranche. This brings the total number of shares issued under the agreement to 2,524,400 with a value of $332,906, for a value of approximately $0.132 per share. There are no further issuances of shares contemplated under the agreement.

The second tranche of securities will be subject to a four month hold period expiring March 20, 2020. This issuance of shares is subject to the final acceptance of the TSX Venture Exchange. Conditional acceptance for the share issuance has been granted.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-558-7687

Forward Looking Statements

VANCOUVER, BC, November 6^th, 2019 – FireFox Gold Corp. ("FireFox" or the "Company") (TSXV: "FFOX") is pleased to report that it has completed as scheduled the Phase 2 drill program at its Mustajärvi Gold Project and is awaiting assay results. The drill rig has now been moved to the Jeesiö Gold Project to test the newly identified Utsamo area. Both projects are situated in the heart of the Central Lapland Greenstone Belt in Finland.

Carl Löfberg, Chief Executive Officer of FireFox Gold Corp. commented: “We are pleased to be starting our second drill program this fall as we planned. This is our first time drilling at Jeesiö, and we are excited to follow-up the multiple anomalies we identified at the new Utsamo area.”

Up to three reconnaissance drill holes totaling approximately 350 metres will be drilled at the Utsamo area. The drill program is focused on the northern part of the 2.8-kilometre-long structural feature identified earlier this year, which is believed to represent the continuation of the Sirkka Shear Zone (see FireFox news release dated September 3rd, 2019). There, both gold in Bottom-of-Till (BOT) samples and anomalous Ionic Leach samples are spatially associated with the boundaries of magnetic bodies and contacts between low and high resistivity domains. These apparent drill targets are interpreted to represent the contact zone between hydrothermally altered metasediments and gabbroic sills – a common association of gold deposits in the region.

Additional target development work is on-going at the Jeesiö Project. Currently, a 250 metre trench sampling program is underway at the Homelampi target where BOT sampling returned anomalous gold including up to 1070ppb (see FireFox news release dated December 27^th, 2018). The Homelampi target is located approximately five kilometres to the southwest of Utsamo.

Mustajärvi Drill Program Update

All together nine diamond core drill holes, with total length of 1431 metres, tested the 100%-owned Mustajärvi Project in the Phase 2 program. The drill program was designed to follow-up the high-grade mineralization intersected earlier this year, and to increase the strike length of the mineralization by stepping out beyond the historic mineralization located near the center of the property (see FireFox news release dated September 18th, 2019). Geological and structural logging of core has been completed, and assay results are expected toward the end of November.

For additional details on the Projects, please visit the Company’s website www.firefoxgold.com.

Quality Assurance

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-558-7687

Forward Looking Statements

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

VANCOUVER, BC, October 21, 2019 – FireFox Gold Corp. ("FireFox" or the "Company") (TSXV: "FFOX") announces that the Company has entered into an agreement for services (the "Agreement") with Oy Kati Ab Kalajoki ("Kati"), an arm's length party, pursuant to which the Company will issue common shares of the Company in full satisfaction of ongoing drilling services (the "Services") provided by Kati in Northern Finland (the "Shares for Services").

Under the Agreement, the deemed price of the common shares to be issued is to be calculated using the closing price of the Company's common shares on the first trading day after the last date on each invoice in which Services are provided to the Company.

The Company has received invoices from Kati for work performed to September 27, 2019 and has issued 565,100 common shares with a value of approximately $0.16 per share in settlement of invoices totaling $89,597. Future issuances of shares are anticipated under the Agreement prior to December 31, 2019.

The securities will be subject to a four month hold period, expiring February 22, 2020. The Shares for Services arrangement is subject to the final acceptance of the TSX Venture Exchange. Conditional acceptance for the share issuance has been granted.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-558-7687

Forward Looking Statements

VANCOUVER, BC – (September 18th, 2019) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to report that diamond core drilling has started at its 100% owned Mustajärvi Gold Project in the Central Lapland Greenstone Belt, Finland. This phase of drilling consists of nine planned drill holes, with total length of approximately 1,500 metres. The program has two primary objectives: (1) to follow up the high-grade mineralization intersected earlier this year, and (2) to increase the strike length of the mineralization by stepping out beyond the historic mineralization located near the center of the Mustajärvi property.

The first four drill holes will follow up the high-grade gold mineralization (2m @ 45.1 g/t Au) intersected during the Company´s Phase 1 drilling last winter (see FireFox news release dated 21 Jan, 2019). Of these four holes, two will target the continuation of this high-grade gold zone another 25m and 50m down dip, respectively. The remaining two holes are planned to test the strike extent of this mineralization 25m east and west.

The fifth hole will test the continuation of mineralization encountered in two historical Outokumpu drill holes, one of which intersected 2.7m @ 14.6 g/t Au. Drill hole six will be an attempt to duplicate an Outokumpu hole that intersected 12m @ 2.7 g/t Au despite suffering severe core loss up to 50%. The aim of these holes is to better understand the true width and grades of the near-surface mineralization.

Cautionary note: The historic Outokumpu drilling suffered from significant core loss due to faulting and fracturing; reported widths may not represent true thickness. While the Company believes the preceding historical drilling and sampling data are reliable, readers are cautioned that a “qualified person” (as defined by National Instrument 43-101) has not yet completed sufficient work to verify the historical information, and therefore the information should not be relied upon. Outokumpu data retrieved from the Geological Survey of Finland (GTK) database.

The remaining three holes are step-out holes further away from the central Mustajärvi mineralization. Two drill holes will be located approximately 450m northeast from known drilling. These holes will target an interpreted dilational jog along the shear zone which is associated with two distinct geochemical gold-in-till anomalies. Another drill hole will be located 250m southwest of the central Mustajärvi drill holes. It will target an interpreted flexure in the Mustajärvi shear zone that is associated with a strong IP chargeability anomaly and low resistivity values.

Assay results from these holes are expected during late October and early November.

About the Mustajärvi Gold Project

The Mustajärvi Gold Project (the “Project”) consists of an exploration permit and exploration reservations covering over 15km2. The project area is flat, glacial till-covered terrain in the Lapland region of northern Finland, 17 km east of the town of Kittilä, with road and power on the property. The Project is situated in the Central Lapland Greenstone Belt, which hosts several recent gold discoveries. The Project occupies more than two kilometres strike length of the Venejoki Thrust Zone, which is believed to be a splay of the Sirkka Thrust Zone, an important host to gold mineralization in the belt. The observed gold mineralization, structural setting and work to date support the potential for a high-grade orogenic gold deposit on the Mustajärvi property.

For additional details on the Project, please visit the Company’s website www.firefoxgold.com.

Quality Assurance

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-558-7687

Forward Looking Statements

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

VANCOUVER, BC – (September 17^th, 2019) – FireFox Gold Corp. (“FireFox” or the “Company”) announces, effective September 16^th, 2019 that, subject to regulatory acceptance, it has completed the second and final tranche of a non-brokered private placement (the “Private Placement”). In both tranches together the Company raised total gross proceeds of $570,500 by issuing 3,803,333 units of the Company. The second tranche was completed by issuing 1,830,000 units of the Company at a purchase price of $0.15 per unit for gross proceeds of $274,500. Each unit consists of one common share of the Company and one non-transferrable common share purchase warrant. Each warrant shall be exercisable into one additional common share of the Company for a period of two years from the closing of the offering at an exercise price of $0.20.

Finders fees of $3,780 are payable in cash to parties at arm’s length to the Company on a portion of the private placement. In addition, 22,800 non-transferable Broker Warrants are being issued to those same parties. Each Broker Warrant shall be exercisable into one common share of the Company for a period of two years from the closing of the offering at an exercise price of $0.20.

Two related parties participated in the first tranche of the transaction, having subscribed for a total of 440,000 units for gross proceeds of $66,000. The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as the fair market value of the participation in the offering by insiders does not exceed 25 per cent of the market capitalization of the Company, as determined in accordance with MI 61-101. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the offering, which the Company deems reasonable in the circumstances in order to complete the offering in an expeditious manner.

After this financing, FireFox has 40.7 million shares outstanding, 15.6 million warrants, and 3.5 million stock options issued.

The shares issued pursuant to the offering will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. Finders’ fees may be payable to qualified finders in accordance with applicable regulations. All currency figures cited in this news release are in Canadian dollars.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-558-7687

Forward Looking Statements

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, withholding of or delays in obtaining regulatory approvals, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include statements regarding the completion of the offering and the timing thereof and the use of proceeds therefrom. Although we believe the expectations reflected in our forward looking statements are reasonable, actual results may vary. The forward-looking statements contained in this press release represent the expectations of FireFox as of the date of this press release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

VANCOUVER, BC – (September 11^th, 2019) – FireFox Gold Corp. (“FireFox” or the “Company”) announces, effective September 9^th, 2019 that it has completed the first tranche of a non-brokered private placement (the “Private Placement”) by issuing 1,973,333 units of the Company at a purchase price of $0.15 per unit for gross proceeds of $296,000. Each unit consists of one common share of the Company and one non-transferrable common share purchase warrant. Each warrant shall be exercisable into one additional common share of the Company for a period of two years from the closing of the offering at an exercise price of $0.20. Subject to regulatory acceptance, the Company intends to complete a second tranche of the Private Placement by September 15^th, 2019.

Two related parties participated in the transaction, having subscribed for a total of 440,000 units for gross proceeds of $66,000. The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as the fair market value of the participation in the offering by insiders does not exceed 25 per cent of the market capitalization of the Company, as determined in accordance with MI 61-101. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the offering, which the Company deems reasonable in the circumstances in order to complete the offering in an expeditious manner.

After closing this tranche of the financing, FireFox has 38.9 million shares outstanding, 13.8 million warrants, and 3.5 million stock options issued.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-558-7687

Forward Looking Statements

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include statements regarding the completion of the offering and the timing thereof and the use of proceeds therefrom. Although we believe the expectations reflected in our forward looking statements are reasonable, actual results may vary. The forward-looking statements contained in this press release represent the expectations of FireFox as of the date of this press release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

VANCOUVER, BC – (September 4th, 2019) – FireFox Gold Corp. (“FireFox” or the “Company”) announces a non-brokered private placement offering. Subject to regulatory approvals, the Company intends to raise gross proceeds of $250,000 to $1,000,000 by issuing from 1,666,667 up to 6,666,667 units of the Company at a purchase price of $0.15 per unit. Each unit will consist of one common share of the Company and one non-transferrable common share purchase warrant. Each warrant shall be exercisable into one additional common share of the Company for a period of two years from the closing of the offering at an exercise price of $0.20. Prior to this financing, FireFox has 36.9 million shares outstanding, 11.8 million warrants, and 3.5 million stock options issued.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-558-7687

Forward Looking Statements

^{The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include statements regarding the completion of the offering and the timing thereof and the use of proceeds therefrom. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary. The forward-looking statements contained in this press release represent the expectations of FireFox as of the date of this press release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.}

^{It should also be noted that while FireFox’s properties are sometimes adjacent to or nearby operating or historic gold mines or active gold projects being advanced by other companies, the mineralization on properties nearby FireFox’s land packages is not necessarily indicative of mineralization on FireFox’s properties.}

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

VANCOUVER, BC – (September 3^rd, 2019) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to provide an update on the 2019 field program at its fully permitted Jeesiö Gold Project in the Central Lapland Greenstone Belt, Finland.

The Company has compiled results from recently completed geophysical and geochemical surveys and further delineated the major crustal structure that is believed to be the continuation of the Sirkka Shear Zone (see FireFox news release dated Mar. 22, 2019). The Sirkka Shear Zone provides the structural control for most known gold deposits in Central Lapland. In particular, the compilation has highlighted an interpreted contact zone that is often characteristic of the gold deposits associated with the Sirkka structure. FireFox is now planning a drill program to test the northern part of the Jeesiö Project in October.

“The Utsamo area of our Jeesiö Project is evolving into an exciting drill target,” commented Carl Löfberg, Chief Executive Officer of FireFox Gold Corp. “Results to date, from our multidisciplinary exploration program, have repeatedly focused us towards an important structural corridor that is believed to be a major control of gold deposition in the region.”

Integrated Exploration Program

The ongoing exploration program has been focused on the Utsamo target at Jeesiö. FireFox geologists have been conducting conventional prospecting and reconnaissance geological mapping in the area. The team has collected almost 200 samples of quartz veins and hydrothermally altered quartzite, including one sample that contained 4.6 g/t Au. This newly identified mineralization consists of strong sulfide-carbonate-altered quartzite. Follow-up sampling and trenching are currently underway in this southern portion of the Utsamo target area.

Approximately 3km north, the Company has identified a 2.8 km long structural feature, associated with numerous gold and geophysical anomalies. Results have now been received for detailed geochemical and geophysical surveys in addition to geological mapping of the area that was conducted during the summer of 2019.

A detailed Induced Polarization (IP) survey was conducted at the northern part of this 2.8 km long structural and geophysical feature. The area of interest is characterized by a band of low magnetism with discrete magnetic inliers that passes through more magnetic rocks. The results imply that the targeted structural corridor is characterized by low resistivity, and that the gold bearing Bottom-of-Till (BOT) samples are spatially associated with the sharp northeastern contact between low and high resistivity domains. This boundary is interpreted to represent the contact zone between hydrothermally altered metasediments and gabbroic sills – a common association of gold deposits in the region.

Much of the target area is covered by marshland where residual soils and till may not available for sampling. The FireFox team is assessing overburden geochemical methods to assist in targeting through the cover. As part of those tests, geologists collected approximately 103 samples along 6 lines across the targeted structure and submitted them for partial leach geochemistry and ultrasensitive analysis by Inductively Coupled Plasma – Mass Spectrometry (ICP-MS). The preliminary results of the partial leach geochemistry resemble the nearby BOT geochemistry, highlighting anomalous gold, copper, and other elements along the interpreted contact zones.

The new IP and geochemical results appear to be helpful in focusing the exploration along the nearly 3 km target corridor of metasediments and gabbro. FireFox geologists continue working in the area to enhance the focus and the targets for future drill testing.

FireFox expects to proceed with drill testing of targets in the northern part of the Jeesiö Project in October.

Methodology

The IP survey configuration applied at Jeesiö was double offset dipole-dipole 3D IP (2.5D data acquisition) with 40m receiver dipoles and 50m transmitter dipole. The receiver dipoles were moved along the survey lines (16 x 2 dipoles for two 640-metre lines) and all dipoles were active for every reading.

FireFox employs quality assurance practices to monitor the reliability of laboratory results. These practices include the insertion of analytical control samples into all laboratory submittals. Results reported here have complied with FireFox’s quality assurance standards. Labtium Laboratory Oy performed fire assay for gold on 25 g aliquots followed by ICP-OES determination (method 704P; detection limit 0.01ppm). Labtium Laboratory Oy is an independent facility accredited to the SFS-EN ISO/IEC 17025:2005 standard. The quality system of Labtium also complies with the requirements of the Standards Council of Canada (CAN-P-1579) “Guidelines for Accreditation of Mineral Analysis Testing Laboratories”.

Quality Assurance

Dr. Petri Peltonen, Exploration Manager of FireFox Gold, is a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Dr. Peltonen has supervised the collection and interpretation of the technical data generated in the Company’s field program and has helped prepare and approves the technical information in this news release.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-558-7687
Forward Looking Statements

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include statements regarding the completion of the Offering and the timing thereof and the use of proceeds therefrom. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary. The forward-looking statements contained in this press release represent the expectations of FireFox as of the date of this press release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

VANCOUVER, BC – (August 19, 2019) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to report that it has incorporated two new tenement blocks, collectively called the Kierinki Project (“Kierinki” or “the Project”) into its gold exploration portfolio in central Lapland, Finland. The Project covers 983.9 km² (98,390 hectares) in the Kierinki Schist Belt and demonstrates geologic potential to host orogenic gold deposits but has never been the focus of detailed exploration. The Project blocks are situated less than 30 km from the Company’s portfolio of over 500 km² of gold projects in the Central Lapland Greenstone Belt.

“The addition of these two new large tenement blocks gives FireFox a dominant foothold in the Kierinki Schist Belt,” commented Carl Löfberg, CEO of FireFox. “Not only does this region host several prominent gold anomalies, but the Kierinki Schist Belt also exhibits similarities to other schist belts that host high-grade gold occurrences. Despite this, the region has been totally over-looked with respect to gold exploration. We are very excited to begin prospecting the tenements later this field season,” added Mr. Löfberg.

FireFox also wishes to report that the Company will initiate a Phase 2 drill campaign at its Mustajärvi Gold Project in September 2019. The campaign will consist of 5 to 7 drill holes, each of 200-300 metres depth. Drilling will target the continuation of the high-grade zone that was discovered during the Phase 1 drill campaign in 2018, as highlighted by a 2 metre interval that assayed 45.1 g/t gold, including 0.5 metres grading 73.7 g/t gold (see FF press release dated January 21, 2019). In addition, numerous IP (Induced Polarization) targets identified in the 2018 field season will be targeted in the Phase 2 drill campaign (see FireFox press release dated September 25, 2018).

Kierinki Project Geology Overview

The newly granted exploration reservation notification for the two new tenement blocks covers the majority of the Kierinki Schist Belt, a Paleoproterozoic-aged volcano-sedimentary belt adjacent to the Central Lapland Granitoid Complex. The belt consists mainly of quartzites and sandstones together with minor mafic volcanic rocks. The whole rock package has been metamorphosed to low-pressure amphibolite facies.

The belt bears similarities to the northern parts of the Peräpohja Schist Belt – more specifically with the Rompas-Rajapalot area, where bonanza-grade gold occurrences have been discovered. Rompas-Rajapalot is located about 50 km south of Kierinki.

The Kierinki Schist Belt is one of the least studied schist belts in northern Finland. The area was first highlighted by the government-sponsored Nordkalott Project in the late 1980´s, when one of the strongest gold-in-till anomalies in Northern Fennoscandia was recorded. In spite of such observations, the Kierinki area has only seen reconnaissance studies by the Geological Survey of Finland and has never before been explored in detail. The results of these reconnaissance studies suggest that the Kierinki Schist Belt shares the geochemical characteristics of the Rompas-Rajapalot area to the south, characterized by high gold and cobalt. The geochemical anomalies at Kierinki are also similar to mineralization associated with the Sirkka Shear Zone in the north, where there is an association between gold and tellurium.

Importantly, these early studies also indicated that in samples from the Kierinki region, gold likely occurred as free gold, suggesting it was likely derived from weathering of quartz veins. The geochemical gold anomalies at Kierinki are associated with the faulted boundaries of structural blocks where the dominant structural grain is evidenced by major faults striking generally NNE or NNW. This sort of structural control suggests the potential to host orogenic gold deposits in the area. [The foregoing studies were reviewed by the Company but predate the guidelines of National Instrument 43-101 Standards of Disclosure for Mineral Projects and the Company has not yet done the work necessary to verify any of this information. These historical results should not be relied upon although the Company is of the opinion that these results are relevant to an understanding of the potential for the tenements and the area in general.]

The FireFox team intends to initiate prospecting of the region later this field season.

Quality Assurance

Dr. Petri Peltonen, Exploration Manager of FireFox Gold, is a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Dr. Peltonen has supervised the collection and interpretation of the technical data generated in the Company’s field program and has helped prepare and approves the technical information in this news release.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-558-7687

Forward Looking Statements

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include statements regarding the completion of the Offering and the timing thereof and the use of proceeds therefrom. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary. The forward-looking statements contained in this press release represent the expectations of FireFox as of the date of this press release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

VANCOUVER, BC – (August 7, 2019) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to announce the appointment of Mr. Timo Mäki to its board of directors. Mr. Mäki is an experienced geologist who resides in Finland. He was most recently the Chief Geologist at First Quantum’s Pyhäsalmi Mine, where he worked from 1988-2018. He is credited with the discovery of the Mullikkoräme zinc deposit in 1987 and Pyhäsalmi deep deposit in 1996. Mr. Mäki is currently on the scientific advisory board of the K.H. Renlund Foundation and the EU Horizon 2020 project “Next”. He also served on the board of the Finnish Mining Association from 2013-2016. Mr. Mäki has a Master’s of Science (Geology and Mineralogy) from the University of Turku.

FireFox also announces the resignation of Ms. Julie Lassonde as a director of the Company. The Company would like to express its heartfelt appreciation to Ms. Lassonde for her contribution to the Board of Directors, in particular her assistance with the Company’s listing process. FireFox wishes Ms. Lassonde every success as she increases her focus on her charitable works.

The Company also wishes to report that it has issued 1.74 million incentive stock options to certain officers, directors and consultants of FireFox, subject to acceptance by regulatory authorities, subject to approval by shareholders, and subject to the terms of the incentive stock option plan. The options have an exercise price of $0.15 cents per share, and are valid for five years from the date of issuance.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-558-7687

VANCOUVER, BC – (July 29, 2019) – FireFox Gold Corp. (“FireFox” or the “Company”) is pleased to announce that it has commenced a new field program at its fully permitted Jeesiö Gold Project in the Central Lapland Greenstone Belt in Finland. The program is directed at the major structure previously identified by the Company, which is thought to be the continuation of the Sirkka Shear Zone (see FireFox Gold Corp. news release dated Mar. 22, 2019). The Sirkka Shear Zone is the major deep crustal shear zone that provides the structural control for numerous gold deposits in Central Lapland.

The new program is focused on the Utsamo gold target at Jeesiö. At Utsamo, the Company has identified a 2.8 kilometre-long structurally distinct zone, associated with numerous gold anomalies in till, that follows the contact between mafic intrusive rocks and metasediments. This feature is believed to be the continuation of the Sirkka Shear Zone. The prospectivity of the Utsamo target is highlighted by the discovery of a gold-bearing quartz vein system by another company about 1.7 km to the south-southeast, where several boulders and surface samples assayed as high as 74 g/t Au and 379 g/t Au (see Aurion Resources news release dated Feb. 12, 2019). FireFox cautions that, while Aurion’s discovery indicates potential for the Utsamo target, Aurion’s results may not be indicative of the mineralization on FireFox’s Utsamo target.

A detailed IP survey will be conducted at the northern part of the 2.8 km long structurally distinct zone at Utsamo. FireFox previously completed ground magnetic surveys of the target area, including a second survey with additional 54 line-kilometres in late winter of this year. The magnetic survey results will be combined with the IP results to delineate the drill hole collars for a drill program later this year. In addition, detailed sampling and analysis using MMI (Mobile Metal Ion) methodology will be conducted across the structure to help define future drill targets. MMI is an advanced geochemical exploration technique well suited for aiding in the identification of buried mineral deposits.

At the southern part of Utsamo, the Firefox Gold field team has recently completed detailed targeting applying available geochemical and geophysical data together with a high-resolution LIDAR remote sensing survey. Several secondary-targets have been identified that will be subjected to detailed mapping and surface sampling.

Quality Assurance

Dr. Petri Peltonen, Exploration Manager of FireFox Gold, is a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Dr. Peltonen has supervised the collection and interpretation of the technical data generated in the Company’s field program and has helped prepare and approves the technical information in this news release.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-558-7687

Forward Looking Statements

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include statements regarding the completion of the Offering and the timing thereof and the use of proceeds therefrom. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary. The forward-looking statements contained in this press release represent the expectations of FireFox as of the date of this press release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

VANCOUVER, BC – (July 17, 2019) – FireFox Gold Corp. (“FireFox” or the “Company”) announces, effective July 16, 2019 that, subject to regulatory acceptance, it has completed the second and final tranche of a non-brokered private placement (the “Private Placement”) by issuing 3,100,000 units of the Company (“Units”) at a purchase price of $0.10 per Unit for gross proceeds of $310,000. Each unit consists of one common share of the Company and one non-transferrable common share purchase warrant. Each warrant shall be exercisable into one additional common share of the Company for a period of three years from the closing of the Offering at an exercise price of $0.15.

The Company’s offering was fully subscribed. In both tranches the Company raised total gross proceeds of $750,000.

Directors and other related parties participated in the transaction, subscribing for a total of 650,000 units for gross proceeds from insiders of $65,000. The company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as the fair market value of the participation in the offering by insiders does not exceed 25 per cent of the market capitalization of the company, as determined in accordance with MI 61-101. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the Offering, which the Company deems reasonable in the circumstances in order to complete the Offering in an expeditious manner.

After this financing, FireFox has 36.9 million shares outstanding, 11.8 million warrants, and 1.7 million stock options issued.

The shares issued pursuant to the offering will be subject to a statutory hold period of four months plus one day from the dates of issuance, in accordance with applicable securities legislation. Finders’ fees may be payable to qualified finders in accordance with applicable regulations. All currency figures cited in this news release are in Canadian dollars.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: 604-558-7687

Forward Looking Statements

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include statements regarding the completion of the Offering and the timing thereof and the use of proceeds therefrom. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary. The forward-looking statements contained in this press release represent the expectations of FireFox as of the date of this press release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

VANCOUVER, BC – (July 4, 2019) – FireFox Gold Corp. (“FireFox” or the “Company”) announces, effective June 28, 2019 that it has completed the first tranche of a non-brokered private placement (the “Private Placement”) by issuing 4,400,000 units of the Company (“Units”) at a purchase price of $0.10 per Unit for gross proceeds of $440,000. Each unit consists of one common share of the Company and one non-transferrable common share purchase warrant. Each warrant shall be exercisable into one additional common share of the Company for a period of three years from the closing of the Offering at an exercise price of $0.15.

Subject to regulatory acceptance, the Company intends to complete a second tranche of the Private Placement before July 31, 2019, which is expected to increase the total gross proceeds of the Private Placement to approximately $750,000.

After closing this tranche of the financing, FireFox has 33.8 million shares outstanding, 8.7 million warrants, and 1.7 million stock options issued.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-558-7687

Forward Looking Statements

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include statements regarding the completion of the Offering and the timing thereof and the use of proceeds therefrom. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary. The forward-looking statements contained in this press release represent the expectations of FireFox as of the date of this press release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

VANCOUVER, BC – (June 4, 2019) – FireFox Gold Corp. (“FireFox” or the “Company”) announces a non-brokered private placement offering. Subject to regulatory approvals, the Company intends to raise gross proceeds of $200,000 to $500,000 by issuing from 2,000,000 up to 5,000,000 units of the Company at a purchase price of $0.10 per unit. Each unit will consist of one common share of the Company and one non-transferrable common share purchase warrant. Each warrant shall be exercisable into one additional common share of the Company for a period of three years from the closing of the Offering at an exercise price of $0.15. Prior to this financing, FireFox has 29.4 million shares outstanding, 4.3 million warrants, and 1.7 million stock options issued.

About FireFox Gold Corp.

For more information concerning the Company, please refer to the Company’s profile on the SEDAR website at www.sedar.com.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Telephone: 604-558-7687

Forward Looking Statements

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include statements regarding the completion of the Offering and the timing thereof and the use of proceeds therefrom. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary. The forward-looking statements contained in this press release represent the expectations of FireFox as of the date of this press release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

VANCOUVER, BC – (Mar 22, 2019) – FireFox Gold Corp. (TSX-V: FFOX, FSE: A2PDU7) (“FireFox” or the “Company”) is pleased to announce that new ground magnetic surveys have verified a major structure thought to be the continuation of the Sirkka Shear Zone through its Jeesiö gold project in the Central Lapland Greenstone Belt (CLGB) of northern Finland. The Sirkka Shear Zone is the major deep crustal shear zone that provides the structural control for numerous gold deposits in Central Lapland.

Late last year FireFox outlined five promising new gold targets on the Jeesiö property based on results from its Bottom-of-Till (BOT) sampling program and a compilation of gold and geochemical data from historic sampling (See Company news release dated Dec. 27, 2018). The Company immediately prioritized the Utsamo and Homelampi targets for follow-up work and conducted ground magnetic surveys at both targets. At Utsamo, the survey results identified a 2.8 km long structurally distinct zone, associated with numerous gold anomalies in till, that follows the contact between mafic intrusive rocks and metasediments. This feature is believed to be the continuation of the Sirkka Shear Zone (See Figure 1: https://bit.ly/2YdaPlt ).

“We believe that our Utsamo Target occupies an important flexure in the Sirkka Shear Zone where it deflects from easterly to a southeasterly strike,” commented Carl Lofberg, CEO of FireFox Gold. “These types of large regional shear zones control many of the world-class orogenic gold districts throughout the world, and inflection points such as this often focus much of the tonnage and grade.”

The prospectivity of the Jeesiö Project, and the Utsamo Target particularly, is further highlighted by the discovery of a gold-bearing quartz vein system by another company, about 1.7 kilometres to the south-southeast (see Aurion Resources news release dated Feb. 12, 2019). A number of boulders and quartz vein surface samples from this area reportedly assayed as high as 74 g/t Au and 379 g/t Au. Both target areas appear to be related to the Sirkka Shear Zone (See Figure 2: https://bit.ly/2JslqpH ).

Dr. Richard Goldfarb, technical advisor to FireFox Gold, commented on the new interpretation: “Along a major structure, such as the Sirkka Shear Zone, areas of greater geological complexity, both structurally and lithologically, are favorable locations for mineralization. Gold-transporting fluids traveling along primary faults will be largely focused along curvilinear segments of the structures, where segments of this main structure are characterized by major bends where spaces are preferentially opened. The Utsamo Target represents the location of just such a flexure along the Sirkka Shear Zone.”

The Company is continuing its exploration activities at the Jeesiö Project. Additional ground magnetic surveys are ongoing and induced polarization (IP) surveys are planned to delineate drill targets for later this year. FireFox geologists have also prepared plans for the summer detailed mapping and sampling programs.

Additional details on the project are available from the Company’s website, here.

Methodology and Quality Assurance

The ground magnetic survey at Jeesiö NE included a total of 35 east-west oriented lines with lengths ranging between 1.0 and 1.8 kilometres. Line spacing was 50 metres, for a total of approximately 50 line-kilometres covering an area of ~300 hectares. The sampling crew employed industry standard controls on the survey quality, including the use of a base station.

About FireFox Gold Corp.

FireFox Gold Corp is listed on the TSX Venture stock exchange under the ticker symbol FFOX. The Company is focused entirely on gold exploration in Finland where it is actively exploring its project portfolio that includes over 100,000 hectares of prospective ground.

On behalf of the Board of Directors,

“Carl Löfberg”
Chief Executive Officer

CONTACT:

FireFox Gold Corp.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: 604-558-7687

Forward Looking Statements: The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: exploration results, changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include statements regarding the potential scale and orientation of the mineral system, future exploration programs and the timing thereof, including follow-up drill testing of exploration targets, operational plans and Finnish mining prospects. Although we believe the expectations reflected in our forward-looking statements are reasonable, actual results may vary. The forward-looking statements contained in this press release represent the expectations of FireFox as of the date of this press release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. FireFox does not undertake to update this information at any particular time except as required in accordance with applicable laws.

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