FFOX CV

FIREFOX GOLD CORP

Finland

FireFox Gold Corp. on July 14, 2026, reported that it has drilled 56 holes, comprising 13,945 metres, at the 100%-held Mustajärvi gold project in Lapland, Finland since beginning the program in August 2025.

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Beyond the Headline

FireFox Gold Corp. on July 14, 2026, reported that it has drilled 56 holes, comprising 13,945 metres, at the 100%-held Mustajärvi gold project in Lapland, Finland since beginning the program in August 2025. As the first drill rig goes on a scheduled break, the technical team is completing its core logging and sampling while looking forward to the receipt of analytical data for an additional 25 holes at the Mustajärvi deposit. After significantly exceeding its plans for approximately 10,000 metres of drilling, FireFox will resume drilling at its flagship project in early August.

In the meantime, the Company further announced the engagement of a second drilling contractor and the initiation of a follow-up drilling campaign at its 100%-held Sarvi gold project, located approximately 20 kilometres east of Mustajärvi and 5 kilometres north of the Ikkari gold deposit, which is now 100%-owned by Agnico Eagle Mines Ltd.

The Sarvi drill program will test the continuity and extent of the gold mineralization intersected in scout drill hole 25SA003, which returned 27.48 g/t Au over 1.75 metres (FireFox news release January 21, 2026). In addition to step-out drilling around hole 25SA003, the technical team has generated additional targets from recently completed geophysical surveys which will be drill-tested.

Further commentary will be provided when results of the additional drill holes are published.

Figure 1
Source: Firefox Gold

Location of FireFox properties in Central Lapland Greenstone belt and location of major mines in northern Finland (FireFox corporate presentation July 2026).

Figure 2
Source: Firefox Gold

Major target areas, Mustajärvi Gold Project (FireFox corporate presentation July 2026).