First Mining Gold Corp (FFMGF)

[Implanting]

I'd love to see FMG be able to put a lot of drills in the ground themselves and go crazy drilling on all their properties. Problem is they don't have the money to do it. That's why they've been doing these deals with Auteco Treasury, and Big Ridge. I suppose Dan determined they have the money to fund the deals with these new properties around Springpole. Those deals are spread out over longer periods of time, but just like Auteco has done they can speed up the process if they get more money to do so.

FMG is drilling on the original Springpole property according to Dan. We haven't gotten an update (which we need), but they were supposed to be drilling on that property and at Cameron also.

As far as a JV partner goes it would be pure speculation on when that might happen, but it may be realistic to assume it could happen around the time (before or after) the permitting is obtained. That could still be a couple of years away, so I would expect a partner to agree to both help bring the project to production AND to fund further exploration around the main ore body at Springpole Lake. Even if they didn't directly help FMG with exploration money FMG would have a windfall of cash available to fund more exploration from signing a JV deal, so at that point they could accelerate their drill programs.