
High-grade copper hits boost FireFly Metals’ Green Bay plan
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FireFly Metals Ltd managing director Steve Parsons talked with Proactive about the company’s ongoing drilling success at the Green Bay Copper-Gold Project in Newfoundland, Canada. FireFly has reported strong extensional drilling results that intersect mineralisation more than 200 metres beyond the current Mineral Resource Estimate.
The Green Bay Project currently hosts a Measured and Indicated Mineral Resource of 24.4 million tonnes at 1.9% copper equivalent (CuEq), with an additional 34.5 million tonnes at 2.0% CuEq classified as Inferred. Drilling is targeting growth through multiple fronts, including a 35,000-metre resource extension program and a further 35,000 metres for infill drilling to convert Inferred resources.
Significant new intercepts include 25.8 metres at 5.1% CuEq and 12.4 metres at 6.8% CuEq. Drilling from the 805 Level continues to deliver high-grade hits across both VMS and Footwall Zone (FWZ) styles of mineralisation.
Underground drilling continues with five rigs active, and a sixth underground rig is arriving in late May. A Down Hole Electromagnetic (DHEM) anomaly over 700 metres beyond current drill extents is also being tested, presenting further exploration potential.
“We are about to add a seventh rig because we have so many opportunities to pursue,” Parsons said. “There are very few projects which could justify such an aggressive drilling campaign.”
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