Slate Falls Nation and First Mining Sign Project Agreement for the Development of the Springpole Gold Project
First secures a final Indigenous pact for its Springpole project, clearing the last regulatory hurdle to advance the feasibility study.
First Mining Gold Corp. signed a Project Agreement with Slate Falls Nation (SFN) on August 25, 2026. The agreement establishes a collaborative framework for the Springpole Gold Project's construction, operations, and closure. Key provisions include SFN participation in environmental management and monitoring, preferential training and employment measures, equity participation in economic upside, and sharing of financial benefits.
The agreement follows a community-based consultation process and comes shortly after the federal Environmental Assessment (EA) approval on June 30, 2026. It aligns with previous agreements finalized with Cat Lake First Nation and Lac Seul First Nation in June 2026, completing a critical sequence of Indigenous engagements.
First Mining Gold Corp. (FF) has secured an agreement with the Shuswap First Nation (SFN), a development that continues the company’s established Indigenous engagement strategy required for the Springpole project’s provincial environmental assessment (EA). This agreement removes a potential social license risk and strengthens the regulatory case for the upcoming provincial EA decision.
The terms are consistent with industry standards for modern mining agreements in Canada, focusing on environmental oversight and economic participation rather than novel financial structures. While this represents a positive milestone following the June 2026 federal approval and earlier agreements with neighboring First Nations, it does not introduce new financial terms or materially change the project's economic profile.
First Mining Gold Corp. is a Canadian mining company focused on gold and silver projects in Ontario and Quebec. Its flagship asset is the Springpole Gold Project in Ontario, a large undeveloped gold resource. A 2025 Preliminary Feasibility Study (PFS) for Springpole outlined a 9.4-year mine life, $1.1 billion in initial capital expenditure, and strong economics, including a $2.1 billion after-tax net present value at a gold price of $3,100 per ounce.
The company also holds the Duparquet Gold Project in Quebec, which contains 3.44 million ounces of Measured and Indicated resources and is currently undergoing exploration drilling. Additionally, First Mining Gold maintains a 20% free carried interest in Pickle Crow and a 48% stake in Seva Mining Corp., which holds the Cameron Gold Project.