FireFly Metals (ASX: FFM) has unveiled numerous new drill-ready targets at its Green Bay Copper-Gold Project in Canada, following the first modern geophysical survey ever conducted on site.
The airborne EM and magnetic surveys, supported by ground follow-up, revealed 325 conductive anomalies—many of which closely resemble mineralisation found at known high-grade mines like Ming, Rambler Main, and East.
Firefly's Managing Director Steve Parsons said: "No modern geophysics has been used at Green Bay until now and the regional upside has barely been tested. But these results have uncovered compelling targets which share key similarities with the known deposits at the project".
FireFly is well-funded, with around A$145 million in cash and liquid assets, following a successful capital raise and share purchase plan. This strong financial position allows the company to pursue aggressive exploration at both Green Bay and Tilt Cove.
Looking ahead, FireFly is focused on fast-tracking new discoveries and growing its resource base through 2025 and beyond.
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