Firefly Metals Ltd. Accelerates Growth Strategy with New Drill Program and Expands Exploration at Green Bay Copper-Gold Project

Reuters
15 May
Firefly Metals Ltd. Accelerates Growth <a href="https://laohu8.com/S/MSTR">Strategy</a> with New Drill Program and Expands Exploration at Green Bay Copper-Gold Project

FireFly Metals Ltd, an emerging copper-gold company, has announced an acceleration in its drill program at the high-grade Green Bay Copper-Gold Project in Newfoundland, Canada. The company, well-funded with approximately A$68.5 million in cash and investments, is focused on expanding operations by introducing a sixth underground drill to enhance resource estimates. FireFly Metals aims to incorporate these findings into their 2025 Mineral Resource Estimate updates. The project, which has seen a 42% increase in resource estimates to 1.2 million tonnes of contained metal, benefits from extensive exploration activities, including geophysical surveys and field sampling. The company is also initiating surface exploration drilling targeting the Rambler VMS district in 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Firefly Metals Ltd. published the original content used to generate this news brief via CNW (Ref. ID: C3115) on May 14, 2025, and is solely responsible for the information contained therein.

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