• Exceptional high-grade copper-gold Core Zone results
• Incorporation of new results into upcoming Mineral Resource Estimate and economic studies
• Sale of Ontario Gold Assets to Bellavista
• Promotion to the S&P/ASX 200 Index
• Well-funded with A$196.4 million in cash and liquid investments

Firefly Metals Ltd reported outstanding drilling results from its Green Bay Copper-Gold Project, with high-grade intersections reinforcing the scale and continuity of the Core Zone. The company completed the sale of its Ontario Gold Assets, simplifying its portfolio to focus on Green Bay. Firefly was also promoted to the S&P/ASX 200 Index, reflecting its growing market capitalization and institutional profile. The company remains well-funded with approximately A$196.4 million in cash and liquid investments as at 30 June 2026. Firefly continued its multi-rig underground drilling campaign at Green Bay, with six rigs operating throughout the quarter. The company also advanced regional exploration activities, with two surface rigs testing geophysical targets near the Ming Mine and a third rig conducting maiden drilling at the Tilt Cove project. Firefly's Preliminary Economic Assessment (PEA)/Scoping Study, which is on track for completion in August 2026, will assess development scenarios for an upscaled restart of copper-gold production at Green Bay.

Firefly Metals Ltd expects to complete the PEA/Scoping Study in August 2026

Firefly Metals Ltd anticipates the Core Zone will underpin early, high-margin production, with further exploration and development activities planned to unlock additional value at Green Bay.