Presentation - Significant Green Bay Mineral Resource Update
| Stock | Firefly Metals Ltd (FFM.ASX) |
|---|---|
| Release Time | 18 Nov 2025, 9:25 a.m. |
| Price Sensitive | Yes |
Firefly Metals Ltd Announces Significant Green Bay Mineral Resource Update
- Building world-class scale with Upgraded Resource to contain 1.4Mt of copper and 1.1Moz of gold
- High-Grade Core Zone of 8.8Mt @ 3.9% CuEq (346kt CuEq) in M&I and 10.9Mt @ 3.8% CuEq (414kt CuEq) Inferred
- Continued Growth with Resource that remains OPEN - 8 drill rigs turning
Firefly Metals Ltd has announced a significant update to the mineral resource at its Green Bay Copper-Gold Project in Newfoundland, Canada. The updated resource now contains 50.4Mt for 863kt Cu and 546koz Au in Measured & Indicated, and 29.3Mt for 566kt Cu and 563koz Au in Inferred, totaling 1.4Mt of copper and 1.1Moz of gold. The project also has a high-grade core zone of 8.8Mt @ 3.9% CuEq (346kt CuEq) in Measured & Indicated and 10.9Mt @ 3.8% CuEq (414kt CuEq) in Inferred. The resource remains open, with 8 drill rigs currently turning to continue growing the deposit. Firefly Metals has a proven track record of value creation, with a management team that recently took Bellevue Gold from discovery to production in only 5 years. The company is well-funded with ~A$129.7M in cash, receivables and liquid investments, and is positioned for rapid, low-cost growth through the drill bit at Green Bay and its Pickle Crow Gold Project in Ontario.