First Mining Gold Corp. announced its 2024 exploration program plans at its Duparquet Gold Project located in the Abitibi region of Quebec, Canada. The Company has now commenced activities on its 12,000 m drilling program, as well as a series of property-wide regional programs focused on geophysical, LiDAR, and field surveys covering its 19 km, 5,800 hectare property position surrounding a key portion of the Destor-Porcupine Fault Zone.

First Mining completed a Preliminary Economic Assessment ("PEA") on the Project in 2023. Along with Springpole Gold Project and exploration potential in Ontario, First Mining continues to demonstrate significant exposure to the gold exploration and development market with near-term catalysts on the horizon. Initiation of an extensive 3-dimensional property wide geological modelling project, advancing both regional development opportunities and areas favoured for exploration discovery potential.

Near term releasing of Phase II-B winter drilling results. First Mining's 2024 exploration strategy is focused on further advancing resource confidence, extension and discovery level targets on the approximately 6,000 hectare Duparquet Project covering 19 km of favourable strike along the Destor-Percupine Fault Zone. The 2024 program at the Duparquet Project aims to build on the successes and insights gained from the 2023 campaigns, with a continued focus on growth opportunities within the current mineral resource and new discoveries on the property package.

Drilling commenced in February 2024 completing the Phase II winter drilling through a seven-hole, 2,856m drill program which targeted favourable exploration areas within the North Zone as well as the Rex area, a regional brownfields opportunity from the 2023 field campaign. Assay results are now returning for the Phase II drill program. First Mining will commence with the Phase III drilling campaign, airborne magnetic and LiDAR surveys as well as a property wide expanded 3D geological and target model in Second Quarter 2024.

The program will start immediately with drill testing the target extension opportunities at the Buzz Zone which returned 6.52 g/t Au over 4.6 m and further work indicates that this target has significant potential to add ounces to the Duparquet resource. Since First Mining acquired the project, a focused 3D model was developed around the main Duparquet resource area and advancing targeting on the basis of a fully integrated geological model has proven valuable and provided First Mining with a strong foundation to interrogate the model and define targets that can be drill tested with high confidence. Following the 2023 Mineral resource updates at Pitt and Duquesne, the Company is now working on expanding the geological model to cover the full extents of the project, totaling a 42 km model.

Having a robust geological model that is developed on a strong foundation of geoscientific data collected over the project's life span, integrated into one unified geological model and integrated with the known mineral resource centres supports regional target development outside of the main, traditional Beattie syenite hosted resource along the prolific Destor-Porcupines Fault ("DPFZ") which is known to have diverse styles of mineralisation. Mapping and prospecting campaigns will be supported with the strong diversity of integrated geoscience programs ongoing. First Mining will focus on following up exciting regional field targets developments while continuing systematic geological characterization of the gold resources and priority exploration target areas being advanced for drilling.

Geoscience teams are now active on the project with envisioned field programming to continue through to the fall period.