• Outstanding assays from infill drilling continue to show why Green Bay is a top-shelf project with very high-grades, continuous mineralisation and existing infrastructure in a tier-one location
• The latest results will form part of a Mineral Resource Estimate update later this year, including an upgrade of Inferred Resources to the Measured and Indicated categories
• These higher-confidence Mineral Resources will be used to underpin mining studies

Firefly Metals Ltd (ASX: FFM, TSX: FFM) is pleased to announce extremely high-grade assays from its Green Bay Copper-Gold Project. The latest drilling continues to demonstrate the continuity and quality of the VMS mineralisation, with key intersections including 11.6m @ 9.3% CuEq, 14.6m @ 6.7% CuEq, 14.9m @ 5.5% CuEq and 5.5m @ 7.1% CuEq (~ true widths). The broad Footwall Stringer Zone also returned thick and consistent copper mineralisation, with highlights such as 26.2m @ 5.3% CuEq, 24.1m @ 3.7% CuEq and 9.5m @ 6.4% CuEq (~ true widths). These results will form part of a Mineral Resource Estimate update later this year, including an upgrade of Inferred Resources to the Measured and Indicated categories. The higher-confidence Mineral Resources will then underpin upscaled mining studies scheduled for early 2026. Drilling continues to test for extensions of the mineralisation, with two rigs mobilised to the northern extent and two surface rigs testing regional geophysical targets. The Company is well-funded to accelerate its growth campaign and engineering studies following a recent equity raising.

Firefly is well funded to accelerate its growth campaign and engineering studies with a recent well supported equity raising which has strengthened the Company's balance sheet, with anticipated cash and liquid investments of ~A$145 million, subject to receiving shareholder approval of the issue of securities for the second tranche of the Institutional Placement for net proceeds of ~$26.6M.