• An extremely high-grade core is emerging at Green Bay, with drilling results continuing to reveal the presence of rich copper-gold mineralisation over substantial widths along an 800m length
• This high-grade core, which remains open along strike, stands to significantly impact the Mineral Resource Estimate and the subsequent economic studies
• Drilling suggests the core occurs where the Volcanogenic Massive Sulphide (VMS) and Footwall Zone (FWZ) style mineralisation converge

Firefly Metals Ltd has announced more exceptional drilling results which point to a high-grade mineralised core over a strike length of at least 800m at its Green Bay Copper-Gold Project in Canada. The emerging broad, high-grade copper and gold-rich zone appears to occur where the VMS and FWZ mineralisation zones come together. This copper and gold rich zone within the main mineralised envelope continues over ~800m strike and remains open, with the furthest step out hole returning 49.0m @ 6.1% CuEq (4.9% Cu & 1.3 Au). Recent drilling into the core trend confirms a zone in which the FWZ is well developed directly beneath the upper VMS, leading to thick continuous high-grade intersections including 43.6m @ 7.6% CuEq. This included an exceptionally rich upper massive sulphide zone of 14.9m @ 16.0% CuEq (11.5% Cu & 5.0g/t Au). Infill drilling continues to confirm the presence of strong and consistent mineralisation in areas previously subject to wide-spaced drilling, with exceptional intersections such as 16.0m @ 13.5% CuEq, 10.1m @ 9.2% CuEq and 4.1m @ 17.4%CuEq. Additional drilling of the broad copper stringer FWZ has also highlighted thick zones of mineralisation that are likely suitable for large-scale bulk mining, with intersections including 82.8m @ 2.5% CuEq, 31.0m @ 5.0% CuEq and 22.0m @ 4.5% CuEq. These infill results, combined with other recently reported drilling, highlight the potential for an increase in both the higher confidence Measured and Indicated (M&I) and Inferred Mineral Resource categories as part of the Mineral Resource Estimate update planned for this quarter.

The Company will continue drilling to establish the full extent of this core unit and feed the results into the Mineral Resource Estimate update planned for this quarter. Regional exploration is also well underway, with drill rigs systematically testing conductive geophysical anomalies in the central Green Bay leases and a VTEM survey being completed over the Company's Tilt Cove Project.