
FireFly Metals says Green Bay drilling boosts resource outlook
18.7.2025
0:00
2:35
FireFly Metals Ltd (ASX:FFM, TSX:FFM, OTC:MNXMF) managing director Steve Parsons takes Proactive's Stephen Gunnion through the latest drill results from the Green Bay project and their implications for the company’s upcoming resource upgrade. Parsons highlighted that recent infill drilling at Green Bay has delivered some of the project’s highest-grade results to date, including intercepts such as 11 metres at 9% copper equivalent, with 6% copper and 4 grams of gold.
He noted that this enhanced consistency and grade across the ore body is expected to support a larger measured and indicated resource, which is due for release later in the year. "You should see grade increasing, and of course, you're seeing consistency throughout the ore body," Parsons explained.
Parsons also outlined Firefly’s current exploration strategy, with eight rigs active on site. Four rigs are focused on infill drilling to grow the current 24 million tonne resource into the 30–50 million tonne range. Two more are conducting step-out drilling to expand the resource footprint, while two surface rigs are targeting underexplored regional areas.
He emphasised that with capital raising now completed, drilling activity is ramping up again. Investors can expect a steady stream of results from all three workstreams over the coming weeks.
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