# corporate presentation Source Brief: https://evesgoldminers.com/research/source-briefs/first-mining-gold-2026-05-04-corporate-presentation-ef243930 Original source: https://firstmininggold.com/_resources/presentations/corporate-presentation.pdf?v=050303 Original published: 2026-05-04 EGM generated: 2026-09-04 Company: First Mining Gold (FF) ## Use Note This is the Eve's Gold Miners normalized Markdown copy of an official or regulatory public source. It is provided for readability, search discovery, and research resilience. The original source remains authoritative for legal, regulatory, and investment decisions. ## Extracted Document Text # corporate presentation Source: https://firstmininggold.com/_resources/presentations/corporate-presentation.pdf?v=050303 Published: 2026-05-04T00:00:00+00:00 Fetched: 2026-05-05T09:33:02.269+00:00 Source artifact: ef243930-4974-4a3d-8997-9747d9b23b0a Normalizer input: text ## Content # corporate presentation TSX: FF OTCQX: FFMGF FRANKFURT: FMG www.firstmininggold.com Corporate Presentation May 2026 TSX: FF | OTCQX: FFMGF | FRANKFURT: FMG | www.firstmininggold.com |0 FORWARD LOOKING STATEMENTS This presentation includes certain “forward-looking information” and “forward-looking statements” (collectively assumptions and estimates expressed above do not occur as forecast, but specifically include, without limitation: “forward-looking statements”) within the meaning of applicable Canadian and United States securities legislation (i) the risk that the Company’s business, operations and financial condition may be materially adversely affected including the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are by the outbreak of epidemics, pandemics or other health crises, and by reactions by government and private made as of the date of this presentation. Forward- looking statements are frequently, but not always, identified by actors to such outbreaks; (ii) risks to the health and safety of the Company’s employees and consultants as a words such as “expects”, "anticipates”, “believes”, “plans”, “projects”, “intends”, “estimates”, “envisages”, result of the outbreak of epidemics, pandemics or other health crises, that may result in a slowdown or temporary “potential”, “possible”, “strategy”, “goals”, “objectives”, or variations thereof or stating that certain actions, suspension of operations at some or all of the Company’s mineral properties as well as its head office; (iii) the risk events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative of any that the Company will not be successful in completing additional acquisitions; (iv) risks relating to the results of of these terms and similar expressions. exploration activities; (v) risks relating to the ability of the Company to enter into joint venture, earn-in, royalty or streaming structure agreements, or to dispose of its mineral properties; (vi) developments in world metals Forward-looking statements in this presentation relate to future events or future performance and reflect current estimates, predictions, expectations or beliefs regarding future events and include, but are not limited to, markets; (vii) risks relating to fluctuations in the spot and forward price of gold, silver, base metals or certain other commodities; (viii) risks relating to fluctuations in the Canadian dollar relative to the US dollar; (ix) the speculative statements with respect to: (i) First Mining Gold Corp.’s (“First Mining” or the “Company”) business strategies nature of mineral exploration and development; (x) risks and hazards associated with the business of mineral and objectives, including plans, opportunities, expectations and intentions; (ii) the timing and amount of planned and future exploration and expenditures and the possible results of such exploration; (iii) the estimated amount exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins and flooding); (xi) availability of necessary financing and any and grade of mineral resources and mineral reserves at the Company’s projects; (iv) timing for the receipt of any increases in financing costs or adverse changes to the terms of available financing, if any; (xii) changes in milestone-based payments in the transaction with NexGold Mining (“NexGold”), from Big Ridge Gold Corp. (“Big Ridge”) and from Seva Mining Corp. (“Seva”); (v) non-GAAP valuations regarding any future cash and/or share regulations applying to the development, operation, and closure of mining operations from what currently exists; (xiii) the effects of competition in the markets in which First Mining operates; (xiv) operational and payments that the Company expects to receive from NexGold, Big Ridge or Seva; (vi) the Springpole PFS infrastructure risks; (xv) risks relating to variations in the mineral content within the material identified as mineral representing a viable development option for the Company’s Springpole gold project; (vii) construction of a mine at the Springpole project and related actions, including dewatering activities; (viii) estimates of the capital costs of resources from that predicted; (xvi) increases in estimated capital and operating costs or unanticipated costs with respect to any of the Company’s mineral projects (xvii) difficulties attracting the necessary work force; (xviii) risks constructing mine facilities and bringing a mine into production, of sustaining capital and the duration of financing relating to receipt of permits and regulatory approvals; (xix) delays in stakeholder negotiations (including payback periods related to the Springpole project; (ix) the estimated amount of future production, both produced and metal recovered, from the Springpole project; (x) life of mine estimates and estimates of operating costs, all- negotiations with affected local and Indigenous communities of interest around our material projects); (xx) tax rates or royalties being greater than assumed; (xxi) changes in development or mining plans due to changes in in sustaining costs and total costs, net cash flow, net present value and economic returns from an operating mine logistical, technical or other factors; (xxii) changes in project parameters as plans continue to be refined (xxiii) constructed at the Springpole project; (xi) the advancement of permitting activities and applications related to the Springpole project; (xii) the timing for submitting an Environmental Impact Statement in respect of the Springpole management’s discretion to alter the Company’s short and long-term business plans; (xxiv) the additional risks described in First Mining’s Annual Information Form for the year ended December 31, 2024 filed with the project and all dates that relate to the permitting timeline for the project; (xiii) the results of the Preliminary Canadian securities regulatory authorities under the Company’s SEDAR+ profile at www.sedarplus.ca, and in First Economic Assessment (“PEA”) completed for the Duparquet Gold Project (“Duparquet”), including the economic potential and merits thereof and the PEA is preliminary in nature, that it includes inferred mineral resources that Mining’s Annual Report on Form 40-F filed with the SEC on EDGAR. are considered too speculative geologically to have the economic considerations applied to them that would First Mining cautions that the foregoing list of factors that may affect future results is not exhaustive. When relying enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized; (xiv) the on our forward-looking statements to make decisions with respect to First Mining, investors and others should estimated capital and operating costs, production, cash flow and life of mine estimates and economic returns carefully consider the foregoing factors and other uncertainties and potential events. First Mining does not from Duparquet; (xv) the estimated amount and grade of mineral resources at Duparquet; and (xvi) current and undertake to update any forward-looking statement, whether written or oral, that may be made from time to time future drilling strategies and programs at Duparquet. by the Company or on our behalf, except as required by law. All forward-looking statements are based on First Mining's or its consultants’ current beliefs as well as various Hazel Mullin, P.Geo., Director, Data Management and Technical Services of First Mining, is a “qualified person” for assumptions made by them and information currently available to them. the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”), and she By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and has reviewed and approved the scientific and technical disclosure contained in this presentation. specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be James Maxwell, P.Geo, (OGQ 02398) Vice President, Exploration and Project Operations of First Mining, is a achieved or that assumptions do not reflect future experience. We caution readers not to place undue reliance on “qualified person” for the purposes of NI 43-101, and he has reviewed and approved the scientific and technical these forward-looking statements as a number of important factors could cause the actual outcomes to differ disclosure contained in this presentation. materially from the beliefs, plans, objectives, expectations, anticipations, estimates assumptions and intentions Note: all information presented in Canadian dollars unless otherwise noted; as at May 4, 2026. expressed in such forward- looking statements. These risk factors may be generally stated as the risk that the TSX: FF | OTCQX: FFMGF | FRANKFURT: FMG | www.firstmininggold.com |1 BUILDING TOMORROW’S GOLD PRODUCER Advancing two of the largest undeveloped gold projects in Canada – total gold resource base of 8.2 Moz Au M&I and 3.8 Moz Au Inferred Springpole Gold Project – large, robust, feasibility stage, advanced permitting; updated PFS released in December 2025 Duparquet Gold Project – Positive PEA in the heart of the Abitibi SPRINGPOLE gold belt in Quebec Portfolio of other assets provides optionality and financing flexibility as demonstrated through recent non-core asset sales Experienced exploration, development and environmental team in place to unlock value FIRST MINING’S ADVANCED-STAGE GOLD PROJECTS DELIVER UNPARALLELED LEVERAGE TO A RISING GOLD PRICE DUPARQUET DUPARQUET TSX: FF | OTCQX: FFMGF | FRANKFURT: FMG | www.firstmininggold.com |2 OVERVIEW OF FIRST MINING ASSETS Flagship Assets Flagship Assets Other Assets PICKLE CROW (20%) Springpole Gold Project in Ontario, Canada Ontario, Canada Joint Venture with Bellavista Resources Duparquet Gold Project in SPRINGPOLE GOLD PROJECT Quebec, Canada Ontario, Canada PFS Released in Q4 2025; EIS/EA Submitted Q4 2024 Advancing through Feasibility and Permitting 4.8 Moz Au M&I and 0.8 Moz Au Inferred Other Assets Pickle Crow (20%): JV with Bellavista Resources (ASX:BVR) QUÉBEC Seva Mining (TSXV:SEVA) Cameron Gold Project: First Mining is the largest shareholder owning ONTARIO 48% of the total basic shares outstanding DUPARQUET GOLD PROJECT Quebec, Canada PEA released in Q3 2023 Advancing exploration and project development 3.4 Moz Au M&I and 2.6 Moz Au Inferred TSX: FF | OTCQX: FFMGF | FRANKFURT: FMG | www.firstmininggold.com |3 CORPORATE OVERVIEW SUMMARY DETAILS CURRENT OWNERSHIP Share Price (C$) – As at May 4, 2026 $0.44 MANAGEMENT Shares Issued & Outstanding 1,384 Million & DIRECTORS 5.0% 70% Options and RSUs Outstanding 94 Million 2.4% HNW / Warrants Outstanding 165 Million RETAIL Fully Diluted Shares Outstanding 1,643 Million 23% INSTITUTIONAL Market Capitalization – Basic C$609 Million Estimated Cash-on-Hand ~C$40 Million ANALYST COVERAGE – COVERED BY SIX (6) ANALYSTS Marketable Securities (includes Seva Mining) C$38 Million Enterprise Value – Basic C$531 Million Matthew O’Keefe Richard Gray Marcus Giannini Future Cash and Share Payments to First Mining (1) $9 Million Average Daily Volume Canada: 8.0 M Heiko Ihle Alex Terentiew Brandon Gaspar (Past 3 Months) U.S.: 1.6 M (1) Future cash and share payments: C$2 million stockpile payment from Seva Mining; C$5 million cash payment from NexGold; C$2 million cash payment from Big Ridge Gold TSX: FF | OTCQX: FFMGF | FRANKFURT: FMG | www.firstmininggold.com |4 UNPRECEDENTED VALUE GAP BETWEEN DEVELOPERS AND PRODUCE [Excerpt trimmed for readability. 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