FireFly LTD


Fabulous finds, gorgeous gifts, and always a little something for yourself.


Hi, I'm Steve Parsons, Manager Director of Firefly Metals. Today we've announced a 42% increase in the resource at our Green Bay Copper Gold Project in Canada. This means we now have 1. 2 million tonnes of contained metal at 2% copper equivalent. Importantly, 40% of this is now in the measured and indicated category. By any measure, this is an exceptional result for all our stakeholders. Firefly has only been drilling at Green Bay for 12 months, and to have grown the resource so rapidly while maintaining such a high grade is a huge achievement, which reflects the quality of our asset. It's important to put this result in the wider context that we at Green Bay now sits, in the world of copper projects and what it means to be outlawed for Firefly. Green Bay is now one of the fastest growing, high-grade copper projects with genuine scale in the western world. The speed at which we've established such a large resource and the low cost at which we've achieved this growth help explains why we are so confident about delivering further increases in the inventory. We now have four drill rigs turning at Green Bay. This drilling is designed to extend the known mineralisation, as well as make new discoveries elsewhere on our highly prospective land holding. The potential for more discoveries was highlighted by our recent year of school results, which identified n Firefly is funded to unlock the value of Green Bay thanks to our recent placement and SPP, which raised a total of $73 million. The world is desperate for copper projects with genuine scale and tier one jurisdictions. Not only does Green Bay have the scale, it also has huge scope for ongoing growth. Firefly's goal is very simple. We aim to keep drilling and growing this inventory through a multi-rig exploration programme. This will in turn continue to drive value for our shareholders. I look forward to reporting to you on the results of our next drill campaign and how they will continue to position Green Bay as a world-class copper project.

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Tue 10:00 AM - 05:00 PM
Wed 10:00 AM - 05:00 PM
Thu 10:00 AM - 05:00 PM
Fri 10:00 AM - 05:00 PM
Sat 10:00 AM - 04:00 PM

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