FireFly Metals Encounters Continuous High-Grade Green Bay Mineralisation Outside Resource

THE DRILL SERGEANT: FireFly Metals (ASX: FFM) reported further wide high-grade copper-gold intersections from drilling underway at the company’s Green Bay copper-gold project in Canada.

FireFly Metals said the latest results have demonstrated consistently high-grade mineralisation extends continuously for 460 metres outside the current Resource boundary.

The company will use these results to form part of the next upgrade in the Resource, which currently stands at 39.2 million tonnes at 2.1 per cent copper for 811,000 tonnes copper equivalent (CuEq).

Two more rigs are on the way to site, taking the total to four meeting FireFly’s goal of accelerating resource growth in parallel with in-mine discovery exploration.

“We continue to generate exceptional step out drilling results which point to substantial growth in the high-grade copper and gold resource at Green Bay,” FireFly Metals managing director Steve Parsons said in the compnay’s ASX announcement.

“Given the consistently strong drilling results we are achieving, we are doubling the number of rigs to four.

“This is aimed at accelerating our resource growth while also seeking to make new discoveries.

“Green Bay is a large district scale copper-gold mineralised system with huge potential outside the current resource and known mineralisation.

“We are aiming to unlock the value of this wider project area and therefore we are about to start regional geophysical surveys to define lookalike copper-gold targets for drill testing.”

 

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