First Mining Gold (FF) Q3 2026 earnings summary

Executive summary

• Springpole received federal EA approval in June; agreements with Cat Lake, Lac Seul and Slate Falls establish collaboration and benefits across construction, operations and closure.

• Management expects a provincial EA decision in the near term, which would lead the way toward a construction decision.

Financial highlights

• Cash and marketable securities totaled $81M at September 30, 2026; Seva Mining shares had a $35M market value and the PC Gold equity interest was valued at $14.3M.

• September bought deal generated $57.506M gross proceeds from 68,459,500 shares issued at $0.84 each, including full exercise of the over-allotment option.

Outlook and guidance

• Duparquet resource update is expected in Q1 2027, incorporating approximately 48,000 m of drilling completed since September 2022.

• The 2026 Duparquet drilling campaign is planned to include approximately 15,000 m.

• Springpole advancement remains dependent on the provincial EA decision and subsequent project development steps.