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FireFox Gold Provides Update on Kolho Joint Venture Lapland, Finland

FireFox Gold reported continued exploration progress at its Kolho JV in Lapland, operated by Agnico Eagle under an earn-in agreement. Agnico spent US$1.842M in 2025 (US$2.936M total to date) on programs that collected 2,778 base-of-till samples and completed multiple diamond-drilling campaigns (2,383m in 12 holes in 2025 plus an additional 1,398m in Q1 2026; further drilling ongoing). The update reinforces the partnership’s commitment and discovery potential, which is likely to be modestly bullish for junior gold equities and could provide mild supportive sentiment for gold (XAUUSD) if results drive investor interest or signal new supply targets.

Category

Gold

Sentiment

Bullish

Event

Partnership

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1 min