FireFly Metals Unveils High-Grade Copper and Gold Results from Green Bay Project

FireFly Metals has released high-grade copper and gold drill results from its Green Bay Project in Canada. The company's share price was down at $1.85 following the announcement.

The new infill drilling data will support an updated mineral resource estimate and upcoming economic studies, which are crucial for determining the project's viability.

The latest drilling programme has yielded impressive results, including intercepts of 11.5m at 11.1% copper and 2.1 grammes per tonne gold, as well as multiple high-grade intervals such as 18.9m at 8.2% copper equivalent and 13.5m at 11.1% copper equivalent from separate holes.

The infill drilling results are expected to form part of the production profile for the early years of a Green Bay restart, which suggests that the project is moving closer to becoming operational.