An announcement from FireFly Metals ( (AU:FFM) ) is now available.
FireFly Metals Ltd has announced exceptional results from its infill drilling campaign at the Green Bay Copper-Gold Project in Canada. The successful drilling results are part of a broader strategy to upgrade Inferred Resources to Measured and Indicated Resources, which are typically valued higher and can support mining studies. This strategy is expected to unlock significant shareholder value by demonstrating the production and cashflow potential of the project. The company is well-funded, with plans to continue extensive drilling and exploration activities throughout 2025, including the addition of a new underground rig and the appointment of a new Vice President of Metallurgy to bolster its management team.
More about FireFly Metals
FireFly Metals Ltd is a company operating in the mining industry, focusing on the exploration and development of copper and gold resources. It is listed on the ASX and TSX under the ticker FFM, with its principal office located in West Perth, Australia. The company is actively engaged in projects aimed at upgrading its resource classifications to enhance valuation and support mining studies.
YTD Price Performance: 17.54%
Average Trading Volume: 73,991
Technical Sentiment Signal: Strong Sell
Current Market Cap: $367.5M
Learn more about FFM stock on TipRanks’ Stock Analysis page.