KEY POINTS Drilling from the end of the Ming mine exploration drive has extended the known mineralisation by 430m beyond previous drilling and more than 650m beyond the October 2024 Mineral Resource Estimate The strength of the mineralisation appears to be increasing at depth with the furthest hole returning one of the best intersections drilled in the deposit to date: 49.0m @ 6.1% copper equivalent 1 in hole MUG25-202 [...]
Six rig drill campaign continues underground; Step-out results from extension drilling at Ming Mine expected in the coming weeks; Regional exploration programmes underway KEY POINTS Latest drill results demonstrate both the continuity, quality and scale of the copper and gold mineralisation at Green Bay Results from infill drilling targeting the upper high-grade copper and gold rich Volcanogenic Massive Sulphide zones [...]
With exceptional recoveries of +98% copper and a Scoping Study set for release early next year, Green Bay is one of the fastest-growing, highest quality and most advanced emerging copper-gold projects in Canada; Plus, eight rig drilling blitz underway targeting further growth KEY POINTS FireFly is rapidly laying the foundations for an upscaled production restart at Green Bay, with environmental approvals now secured [...]
The targets share many key similarities with the rich known deposits at Green Bay KEY POINTS Numerous significant drill-ready targets defined at Green Bay using extensive geophysical surveys A total of 325 geophysical targets have so far been identified which are considered to be look-alikes to the major deposits at Green Bay, including Ming, Rambler Main and East Mine, with very similar geology and geophysical responses [...]
Latest drilling demonstrates the continuity and quality of the VMS mineralisation, paving the way for a Mineral Resource upgrade and mining studies KEY POINTS 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 [...]
Successful completion of the Equity Raising and the SPP will see FireFly emerge with ~A$145M cash and liquid investment position to drive eight-rig drilling strategy and mining studies FireFly Metals Ltd. is pleased to advise that it has doubled the size of its recently-announced share purchase plan to A$10 million, in accordance with the terms of the SPP Offer Document released to ASX on 16 June 2025. The decision [...]
Current gross proceeds of Equity Raising equal ~A$70.1M FireFly Metals Ltd. is pleased to announce that it has completed the sale of 33,000,000 ordinary shares of the Company at a price of C$0.86 per Offered Share , pursuant to the bought deal offering previously announced on 5 and 10 June 2025 , for gross proceeds of C$28.4 million . The Canadian Offering was led by BMO Capital Markets, as sole underwriter and [...]
FireFly Metals is pleased to announce that, in connection with its bought deal offering previously announced on 5 and 10 June 2025, it has filed a final short form prospectus dated 17 June 2025 to qualify the distribution of 30,000,000 ordinary shares of the Company at a price of C$0.86 per Offered Share on the Toronto Stock Exchange, and an additional 3,000,000 Offered Shares at the Offering Price pursuant to an [...]
FireFly Metals is pleased to announce that it has completed the Charity Flow-Through Placement and tranche one of the Institutional Placement of the Equity Raising announced by the Company on 5 and 10 June 2025. Equity Raising Details As announced on 10 June 2025, the equity raising comprises three parts : ~A$11.2 million charity flow-through placement to Canadian investors priced at approximately A$1.49 per New Share [...]
Proceeds from the raising to be used to accelerate exploration campaign with seven rigs to drive rapid value by increasing and upgrading the Mineral Resource while conducting mining studies FireFly has received firm commitments totalling approximately A$95m via a charity flow-through offering, two-tranche institutional placement, and Canadian bought deal financing FireFly also intends to undertake a non-underwritten Share [...]
FireFly Metals has announced today that it has entered into an agreement with BMO Capital Markets, pursuant to which BMO Capital Markets has agreed to purchase, on a bought deal basis, 30,000,000 ordinary shares of the Company at a price of C$0.86 per Ordinary Share for gross proceeds of C$25.8 1 million The Company has also granted BMO Capital Markets an option, exercisable at the offering price for a period of 30 days [...]
FireFly's first drilling in new area hits high-grade VMS mineralisation The exceptional results highlight potential for a repeat of the Green Bay Project's high grade large scale flagship Ming Mine KEY POINTS FireFly's maiden drilling program at the historical Rambler Main Mine within Green Bay has returned high-grade gold-copper-zinc intersections Initial drilling targeted down-plunge extensions, with the first two drill [...]