First Mining Provides Update at Pickle Crow Gold Project

First Mining Gold announced that on April 29, 2026 Bellavista Resources (ASX: BVR) closed its acquisition of FireFly Metals’ interest in PC Gold and exercised a buy-down at the Pickle Crow project, paying C$3.0 million to reduce First Mining’s stake from 30% to 20%. First Mining’s 20% interest is free-carried to a decision to mine. Bellavista’s leadership includes Glenn Jardine and Peter Canterbury, executives who led De Grey Mining through its US$3.3 billion sale to Northern Star in May 2025. The deal shifts near-term economic exposure and development funding obligations away from First Mining while bringing an experienced operator into the project; market impact is largely company-specific and neutral to modestly positive on governance and financing prospects.