Firefly Metals Limited Announces Drilling Results At the Green Bay Copper-Gold Project

Published on 25/03/2025 at 09:45

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These holes targeted areas of low drill density in the footwall zone. Significant intersections included: Hole MUG24-111 intersected multiple thick zones of high-grade mineralisation, 12.5m @ 2.0% Cu, 0.3g/t Au, 1.8g/t Ag, 0.02% Zn (2.2% CuEq) from 8.5m (FW Stringer-style). 15.5m @ 1.7% Cu, 0.4g/t Au, 2.4g/t Ag, 0.01% Zn (2.1% CuEq) from 162m (FW Stringer-style).

46.8m @ 2.1% Cu, 0.2g/t Au, 2.5g/t Ag, 0.01% Zn (2.2% CuEq) from 205.2m (FW Stringer-style) including: 8m @ 3.5% Cu, 0.3g/t Au, 4.4g/t Ag, 0.02% Zn (3.7% CuEq) from 214m. 5m @ 3.5% Cu, 0.1g/t Au, 3.3g/t Ag, 0.01% Zn (3.6% CuEq) from 246m. Hole MUG24-117 intersected multiple thick zones of high-grade mineralisation.

24.6m @ 1.3% Cu, 0.1g/t Au, 1.7g/t Ag, 0.01% Zn (1.4% CuEq) from 112.1m (FW Stringer-style). 5.9m @ 1.9% Cu, 0.3g/t Au, 3.6g/t Ag, 0.02% Zn (2.2% CuEq) from 161.1m (FW Stringer-style). 18.4m @ 2.3% Cu, 0.1g/t Au, 2.8g/t Ag, 0.02% Zn (2.4% CuEq) from 196.3m (FW Stringer-style).

27.2m @ 2.2% Cu, 0.1g/t Au, 3.2g/t Ag, 0.01% Zn (2.3% CuEq) from 239.4m (FW Stringer-style), Hole MUG24-122 includes multiple zones of footwall mineralisation. 6m @ 1.6% Cu, 0.3g/t Au, 1.9g/t Ag, 0.13% Zn (1.9% CuEq) from 24.4m (FW Stringer-style). 3.7m @ 1.8% Cu, 0.1g/t Au, 2.4g/t Ag, 0.02% Zn (1.9% CuEq) from 124.7m (FW Stringer-style).

8.9m @ 1.9% Cu, 0.1g/t Au, 2.3g/t Ag, 0.04% Zn (2.0% CuEq) from 142.3m (FW Stringer-style). 5m @ 1.6% Cu, 0.1g/t Au, 2.3g/t Ag, 0.02% Zn (1.6% CuEq) from 257m (FW Stringer-style) Resource Conversion Drilling from the 750 Level. Results for several drill holes completed from the 750 Level have been returned.

These holes targeted areas of Inferred Resource in the footwall zone with the aim of upgrading to the Indicated, Resource category in future updates. Significant intersections3 included, but are not limited to: Hole MUG24-078 intersected multiple zones of footwall style mineralisation, 23.3m @ 2.4% Cu, 0.2g/t Au, 2.7g/t Ag, 0.01% Zn (2.5% CuEq) from 155m (FW Stringer-style). 12.3m @ 2.2% Cu, 0.4g/t Au, 2.9g/t Ag, 0.01% Zn (2.6% CuEq) from 207.8m (FW Stringer-style).

Hole MUG24-099 contains multiple zones of stringer style mineralisation 3.1m @ 1.7% Cu, 0.2g/t Au, 2g/t Ag, 0.04% Zn (1.9% CuEq) from 40.1m (FW Stringer-style). 5.2m @ 1.5% Cu, 0.1g/t Au, 2.2g/t Ag, 0.05% Zn (1.6% CuEq) from 73.7m (FW Stringer-style). 15.9m @ 1.5% Cu, 0.1g/t Au, 1.6g/t Ag, 0.02% Zn (1.5% CuEq) from 105.7m (FW Stringer-style).

5.5m @ 1.8% Cu, 0.1g/t Au, 2g/t Ag, 0.01% Zn (1.8% CuEq) from 223.5m (FW Stringer-style). 7.1m @ 1.8% Cu, 0g/t Au, 1.8g/t Ag, 0.02% Zn (1.8% CuEq) from 236.9m (FW Stringer-style). 3.1m @ 2.4% Cu, 0.1g/t Au, 2g/t Ag, 0.01% Zn (2.5% CuEq) from 270.3m (FW Stringer-style).

Resource Conversion Drilling from the 620 Level. Infill drilling has progressed from the historic 620 Level of the Ming Mine, targeting footwall zone. mineralisation that is currently classified as Inferred in the October 2024 Mineral Resource Estimate.

Drill results have confirmed continuity of mineralisation. Significant intersections4 include, but are not limited to: Hole MUG24-081 intersected multiple zones, including a thick consistent zone footwall stringer mineralisation. 66.8m @ 2.0% Cu, 0.1g/t Au, 1.8g/t Ag, 0.01% Zn (2.1% CuEq) from 193.3m (FW Stringer-style), including 13.3m @ 3.3% Cu, 0.2g/t Au, 2.9g/t Ag, 0.02% Zn (3.5% CuEq) from 196.7m.

Hole MUG24-091 contains extensive high-grade footwall mineralisation, highlighted by: 50.9m @ 2.5% Cu, 0.2g/t Au, 2.3g/t Ag, 0.02% Zn (2.6% CuEq) from 207.8m (FW Stringer-style), including: 17.3m @ 3.5% Cu, 0.3g/t Au, 3.6g/t Ag, 0.02% Zn (3.7% CuEq) from 212.8m. Hole MUG24-084 intersected multiple zones, highlighted by a thick zone of high-grade footwall stringer mineralisation. 42.8m @ 2.2% Cu, 0.1g/t Au, 2.2g/t Ag, 0.01% Zn (2.2% CuEq) from 239.6m (FW Stringer-style), including 17.9m @ 3.1% Cu, 0.1g/t Au, 2.9g/t Ag, 0.02% Zn (3.2% CuEq) from 239.6m Hole MUG24-086 intersected multiple zones of footwall stringer mineralisation, 11.9m @ 1.8% Cu, 0.1g/t Au, 1.6g/t Ag, 0.02% Zn (1.9% CuEq) from 222.1m (FW Stringer-style) followed by 31.0m @ 1.9% Cu, 0.1g/t Au, 1.8g/t Ag, 0.01% Zn (2.0% CuEq) from 239.6m (FW Stringer-style) Resource Conversion Drilling from the 2200 Level.

Drilling from the mid-levels of the Ming mine has commenced to improve definition of the footwall zone down plunge of the historic shaft. Significant assays4 include, but are not limited to: Hole MUG24-119 intersected consistent zones of footwall stringer mineralisation 25.6m @ 2.2% Cu, 0.2g/t Au, 2.1g/t Ag, 0.03% Zn (2.4% CuEq) from 155m (FW Stringer-style). Hole MUG24-123 intersected multiple zones of footwall stringer mineralisation.

21.7m @ 2.6% Cu, 0.2g/t Au, 2.4g/t Ag, 0.04% Zn (2.7% CuEq) from 152.9m (FW Stringer-style) including: 5.2m @ 5.0% Cu, 0.3g/t Au, 5.1g/t Ag, 0.07% Zn (5.3% CuEq) from 152.9m. 14.0m @ 1.5% Cu, 0.1g/t Au, 1.4g/t Ag, 0.01% Zn (1.7% CuEq) from 211m (FW Stringer-style).

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Firefly Metals Limited Announces Drilling Results At the Green Bay Copper-Gold Project

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