FireFly drills high-grade Core Zone at Green Bay, paving way for stronger early cashflow

FireFly Metals ( (AU:FFM) ) has shared an announcement.

FireFly Metals has reported another set of strong drilling results from its Green Bay copper-gold project, confirming the continuity of a thick high-grade Core Zone and adjacent VMS zones. The latest intersections, including 70.8m at 4.0% copper equivalent and 53.3m at 4.1% copper equivalent, support an increase in measured and indicated resources and underline the Core Zone’s potential as a highly valuable early feed source in future production scenarios.

The company now cites a total Green Bay resource of 50.4 million tonnes at 2.0% copper equivalent in the measured and indicated category and 29.3 million tonnes at 2.5% copper equivalent inferred, with the Core Zone remaining open at depth. With six underground rigs drilling, economic studies on multiple production options progressing toward mid-2026, ongoing regional exploration, and a substantial cash and liquid investment position, FireFly is positioning Green Bay as a cornerstone asset capable of delivering strong early cashflow and enhancing its competitive standing in the copper-gold sector.

The most recent analyst rating on (AU:FFM) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.

More about FireFly Metals

FireFly Metals is an Australia- and Canada-listed resources company focused on the Green Bay copper-gold project in Newfoundland and Labrador, Canada. The company is advancing high-grade volcanogenic massive sulphide and stringer-style mineralisation, aiming to expand its measured and indicated resources and support the resumption of upscaled copper and gold production.

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Technical Sentiment Signal: Buy

Current Market Cap: A$1.3B

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