Proactive - Interviews for investors

Firefly Metals hits high-grade copper-gold at Green Bay

Episode Summary

Firefly Metals Ltd managing director Steve Parsons talked with Proactive about the company’s latest drill results from the Green Bay Copper-Gold Project. Parsons highlighted a series of significant intercepts from ongoing infill drilling, including a standout result of 14.2 metres at 7.5% copper equivalent. These results are part of an effort to upgrade the current 24.4 million-ton resource into the indicated category, which is essential for progressing the company’s engineering studies and maintaining ASX compliance. “In some of those infill zones, we’re seeing 50 metres or more at over 2% copper with gold,” Parsons said, underlining the robust nature of the mineralised system. Firefly currently has five underground rigs active, with three focused on infill drilling and two on step-out drilling aimed at further growing the resource. The company expects new results in the coming weeks and is also preparing to commence regional exploration drilling within a ten-kilometre radius of the planned processing plant. Parsons noted the geological potential of the area, stating that VMS high-grade copper-gold systems “typically find more than one,” expressing optimism about upcoming exploration. To stay updated on Firefly Metals Ltd and other mining developments, visit Proactive's YouTube channel. Don’t forget to like this video, subscribe, and turn on notifications for future updates. #Copper #Gold #FireflyMetals #GreenBayProject #MiningNews #DrillResults #VMSDeposits #ASX #CopperExploration #ResourceUpdate #ProactiveInvestors