FireFox Gold Reports High-Grade Gold Intercept of 27.48 g/t Au over 1.75m at New Target at the Sarvi Project in Lapland, Finland
Finland Specialist Opens Second High-Grade Front at Sarvi While Flagship Mustajärvi Delivers Consistency
On January 21, 2026, FireFox Gold reported results from five drill holes (887 meters) at its Sarvi Project in Lapland, Finland. The highlight is hole 25SA003, which intersected 27.48 g/t gold over 1.75 meters (starting at 75.25m depth) within a sulphide-rich breccia zone. This hole also contained a broader interval of 2.0m at 2.87 g/t Au higher up the hole. Additionally, the company closed a minor shares-for-debt transaction, settling $72,000 in debt for 144,000 shares (implied $0.50/share).
This news is Material - Positive. * Proof of Concept: This is the first high-grade intercept at the Sarvi project. Previously, Sarvi was a "closeology" play, valued for its proximity to Rupert Resources' massive Ikkari deposit. This drill result validates the presence of a high-grade gold system on the property, moving it from a grass-roots conceptual target to a discovery stage project. * Asset Diversification: Until now, FireFox's valuation was almost entirely dependent on the Mustajärvi project. Success at Sarvi provides a second pillar of value and reduces single-asset risk. * Grade vs. Width: While the grade (27.48 g/t) is excellent, the width (1.75m) is narrow. It is not yet a "mineable" width in isolation, but it is highly encouraging for a first pass in a new area. * Location: The discovery is 2km away from previous drilling, indicating the property has unexplored scale potential.
FireFox Gold focuses on high-grade gold in Finland's Lapland Greenstone Belt. * Mustajärvi (Flagship): A 100%-owned high-grade gold project. Recent drilling (Dec 2025) confirmed the "East Zone" expansion with hits like 13.75 g/t Au over 12.4m. The system is characterized by high-grade, narrow veins and replacement zones. It is permitted for year-round drilling. * Sarvi (Secondary): Located near Rupert Resources' Ikkari. Now confirmed to host high-grade mineralization (27.48 g/t Au over 1.75m). * Management: CEO Carl Löfberg and Chairman Patrick Highsmith. The team has strong geological credentials.