FireFox Gold Corp

FireFox Gold Corp

FireFox Gold Corp is exploring gold in Lapland, Finland. FireFox is listed on the TSX Venture Stock Exchange under the ticker symbol FFOX. FireFox also trades on the OTCQB Venture Market Exchange in the US under the ticker symbol FFOXF. The Company has been exploring for gold in Finland since 2017 where it holds a huge portfolio of prospective ground.

HQ location
Vancouver, Canada
Launch date
Employees
Market cap
$10.9m
Enterprise value
$11m
Share price
CAD0.55 FFOX.V
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CAD7.0m

Private Placement non VC
Total Funding000k

Financials

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Revenues, earnings & profits over time
CAD2018201920202021202220232024
Revenues0000000000000000000000000000
EBITDA0000000000000000000000000000
Profit0000000000000000000000000000
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

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FireFox Gold Corp. (TSXV: FFOX) is a Canadian-based mineral exploration company incorporated in 2017, focusing on gold discovery in Finland. Formerly known as Silverstone Resources Corp., the company rebranded in August 2017 to better reflect its targeted commodity and geographical focus. The company was founded by a team including Chairman Patrick Highsmith and CEO Carl Löfberg, who recognized Finland's potential due to its strong mining laws and underexplored geological landscape. Mr. Highsmith is a professional geologist with over three decades of international experience with major firms like Newmont, BHP, and Rio Tinto, as well as several junior companies. Mr. Löfberg holds a Master's degree in Industrial Economics and contributes broad experience in business consulting, project management, and financing.

The company's business model is centered on acquiring, exploring, and developing gold properties. As a pre-revenue exploration-stage company, its operations are funded through equity financing and strategic partnerships, rather than operational income. FireFox's activities are divided into two segments: mineral exploration in Finland and corporate operations based in Vancouver, Canada. The company's strategy involves leveraging a large land portfolio to either conduct direct exploration or enter into joint venture and earn-in agreements with other mining companies, such as the 2023 agreement with Agnico Eagle Mines for the Kolho Property.

FireFox's primary assets are its portfolio of gold projects located in the Central Lapland Greenstone Belt, a highly prospective region in northern Finland that hosts Europe's largest primary gold producer. Key projects include the Mustajärvi Gold Project, where drilling has identified high-grade gold zones, and the extensive Jeesiö Gold Project. The Northern Group of properties, including the Sarvi and Kolho projects, are situated near significant recent discoveries, providing valuable exploration models. The company employs modern exploration techniques, including bottom-of-till (BOT) sampling, airborne magnetic surveys, and diamond drilling, to identify and advance targets. The ultimate goal is to delineate an economically viable gold deposit that could lead to the development of a mine, thereby creating significant value for shareholders.

Keywords: gold exploration, mineral exploration, Finland mining, Central Lapland Greenstone Belt, junior mining, TSX Venture, FFOX, Patrick Highsmith, Carl Löfberg, Mustajärvi project, Jeesiö project, Sarvi project, orogenic gold, resource development, exploration drilling, mining investment, precious metals, Canadian mining company, Agnico Eagle Mines partnership, geological surveying

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