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Tuesday, 06/20/2017 9:02:27 AM

Tuesday, June 20, 2017 9:02:27 AM

Post# of 44387
this is one of the best opportunities imo to buy now or add

great News FFMGF

(after the GDXJ rebalancing is done now the stock should go up again where it has been around .80- 0.85.. also we are waiting for the TSX listing within the next weeks)

https://www.firstminingfinance.com/news/releases/index.php?content_id=245

12 of 12 drill holes intersect significant gold mineralization


VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 20, 2017) - First Mining Finance Corp. (TSX VENTURE:FF)(OTCQX:FFMGF)(FRANKFURT:FMG) is pleased to announce the fourth set of assay results from its 28,500 metre diamond drill infill program on its 100% owned Goldlund Gold Project ("Goldlund"), located near the town of Sioux Lookout in northwestern Ontario, Canada.

Highlights:
•Hole GL-17-005 intersected 313 metres of 0.81 grams per tonne gold ?Including 2.0 metres of 42.15 grams per tonne gold

•Hole GL-17-028 intersected 94 metres of 0.97 grams per tonne gold ?Including 2.0 metres of 14.64 grams per tonne gold

•Hole GL-17-060 intersected 14.0 metres of 6.05 grams per tonne gold ?Including 2.0 metres of 38.54 grams per tonne gold

•Hole GL-17-029 intersected 10.0 metres of 4.11 grams per tonne gold ?Including 2.0 metres of 10.66 grams per tonne gold


Note: Assaying for the Goldlund 2017 drill program is being done by SGS at their laboratories in Red Lake, ON, and Burnaby, BC. Reported widths are drilled core lengths; true widths are unknown at this time. Assay values are uncut.

The goal of the 2017 drilling campaign at Goldlund is to upgrade Inferred resources into the Measured and Indicated categories, with the majority of the drilling focused on Zone 7 and Zone 1 (Figure 1), and to gain further knowledge of the geology and gold mineralization in preparation for Phase 2 drilling. The Phase 1 drilling program, comprising 100 holes (24,300 metres), was completed at the end of May and the remaining assay results from the Phase 1 program will continue to be released in batches as they are received. The Phase 2 program, which will include step-out exploration drilling, is expected to commence by the end of July 2017.

Since the commencement of drilling last January at Goldlund the Company has previously issued three press releases (April 25, 2017, May 2, 2017 and May 24, 2017) comprising a total of 37 drill hole results. With this latest press release, the Company has now released the results for 49 drill holes of which 46 drill holes contain significant intervals of gold mineralization, a gold mineralization success rate of 94%.

Commenting on the results, Patrick Donnelly, President of First Mining stated, "When we originally acquired Goldlund, we knew it was an asset with significant potential for unlocking further value. With 46 out of 49 drill holes so far containing significant gold mineralization, we're confirming that Goldlund is one of our flagship projects."

In addition, Keith Neumeyer, the Chairman of First Mining, stated, "It is very nice to see that the drill results being announced today remain consistent with our expectations that we felt existed prior to our decision to acquire the Goldlund project. The 100 holes drilled in Phase 1 will lead us to a much better understanding of the mineralized systems at Goldlund and will assist us in planning an exciting Phase 2 program."

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