First Mining Gold Corp (FFMGF)

[Implanting]

Having scanned over the PFS and I'll go back and read it again later, I see a couple of things that have changed in just my first look.

The biggest thing that stood out to me was that they have changed the annual production rate to 335K oz. gold from years 1-9 and in the old PEA they had 410K oz. annually from years 2-9. That to me looks like a reduced number of ounces in gold they're looking for. The actual mine life was reduced from 12 years to 11.3 years too.

They're using $1600/oz. gold as the price for what they're going by, but I like that put the other different price ranges on there too. That gives everyone a nice perspective on how much more everything is worth at higher gold prices.

Overall, I'm not super impressed nor did I notice anything else in the PFS that really got my attention. I would like a better explanation of the annual gold production number changes.