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FireFly Metals (ASX, TSX: FFM; OTC: FFMFF) announced that Managing Director Steve Parsons, CEO Darren Cooke and Executive Director Michael Naylor will host a live investor presentation on August 25, 2026. They will cover the Green Bay Ming Mine Copper-Gold Project Preliminary Economic Assessment, a Mineral Resource Estimate update and the company’s current capital raising. The presentation begins at 9:00am AWST / 11:00am AEST, with advance registration required via the provided online link.
FireFly Metals (ASX, TSX: FFM) reported a Preliminary Economic Assessment and Mineral Resource update for the Green Bay Ming Mine Copper-Gold Project in Canada, outlining two development cases: a 1.8Mtpa base case and a 4.6Mtpa expansion scenario.
The 1.8Mtpa case shows an after-tax NPV7% of ~A$2.2B, 41% IRR, ~32-year mine life, ~50kt CuEq steady-state annual output and ~A$513M initial capital (net of tax credits), with C1 cash costs of US$2.05/lb CuEq. The 4.6Mtpa option indicates ~A$3.0B NPV7%, 39% IRR, ~22-year mine life, ~90kt CuEq average annual production and A$476M expansion capital.
According to FireFly, combined M&I and Inferred Resources now total 83.7Mt at ~2.4–2.5% CuEq, with 77% of Ming in M&I. The company is advancing a Feasibility Study targeting Q1 2027, supports early works, and is raising up to A$190M in equity alongside A$183M cash and significant debt capacity.
FireFly Metals (ASX: FFM; OTC: FFMFF) reported further high-grade underground drilling results from the Green Bay Copper-Gold Project in Newfoundland and Labrador, Canada. New intercepts from upper VMS and the high-grade Core Zone include 11.5m @ 13.2% CuEq, 18.9m @ 8.2% CuEq, 13.5m @ 11.1% CuEq and 65.3m @ 4.3% CuEq (~true thickness).
The current Green Bay Mineral Resource Estimate is 50.4Mt @ 2.0% CuEq in Measured & Indicated and 29.3Mt @ 2.5% CuEq Inferred, including the Core Zone with 8.8Mt @ 3.9% CuEq M&I and 10.9Mt @ 3.8% CuEq Inferred. According to FireFly, recent infill drilling is expected to increase the proportion of higher-confidence resources, targeting at least 70% M&I in the mine plan and enabling a maiden Ore Reserve before end‑2026.
Six underground rigs and three surface rigs are active at Green Bay and regional targets, and FireFly reports having ~A$196.4M in cash and liquid investments (unaudited) as at 30 June 2026. A Preliminary Economic Assessment remains on track for completion by the end of August 2026.
FireFly Metals (ASX/TSX: FFM; OTC: FFMFF) reported quarterly progress at its Green Bay Copper-Gold Project, highlighting high-grade Core Zone drilling such as 42.0m @ 6.1% CuEq (including 9.8m @ 16.5% CuEq) and 51.5m @ 4.9% CuEq. These infill-focused results will be incorporated into an updated Mineral Resource Estimate, feeding a PEA/Scoping Study for an upscaled restart of production now targeted for August 2026.
The current Green Bay MRE is 50.4Mt @ 2.0% CuEq (M&I) plus 29.3Mt @ 2.5% CuEq (Inferred), including a Core Zone of 8.8Mt @ 3.9% CuEq M&I and 10.9Mt @ 3.8% CuEq Inferred. FireFly completed the sale of its Ontario Gold Assets to Bellavista for 60 million shares plus up to 50 million performance rights, was added to the S&P/ASX 200 Index, secured environmental assessment release to commence early works at Green Bay, and ended 30 June 2026 with A$184.3 million cash and ~A$196.4 million in cash and liquid investments (unaudited).
FireFly Metals (OTCQX: FFMFF) reported high-grade drill assays at the Green Bay copper-gold project in Canada, including 42.0m @ 6.1% CuEq and 51.5m @ 4.9% CuEq in the high-grade core zone.
The current Green Bay Mineral Resource is 50.4Mt @ 2.0% CuEq M&I and 29.3Mt @ 2.5% CuEq Inferred, with the core zone holding 8.8Mt @ 3.9% CuEq M&I and 10.9Mt @ 3.8% CuEq Inferred. These new results will feed into a mid-year Mineral Resource Estimate update and underpin a PEA/Scoping Study targeted for July–August 2026. FireFly has six underground rigs operating at Ming, regional drilling underway including maiden drilling at Tilt Cove, and ~A$219.9M in cash and liquid investments as of 31 March 2026.
FireFly Metals (OTC:FFMFF) will change its OTC Markets ticker symbol from MNXMF to FFMFF, effective 9 June 2026. The new ticker aligns with the company’s ASX and TSX symbol FFM, aiming to enhance consistency and visibility for U.S. investors.
The change does not impact operations, share capital, CUSIP, ISIN, or shareholder rights.