FireFly Metals (ASX:FFM) hit copper equivalent from an ongoing drill program at the Ming mine within the Green Bay copper-gold project in Canada, according to a Tuesday filing with the Australian bourse.

The most recent results from the drill program yielded up to 86.3 meters at 3.7% copper equivalent, including 15.5 meters at 4.6% copper equivalent and 9.9 meters at 5.8% copper equivalent, the miner said in the filing.

Company shares rallied 12% in recent Tuesday trade.

Price (AUD): $1.13, Change: $+0.12, Percent Change: +12.07%