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FireFly Metals ( (AU:FFM) ) has provided an update.
FireFly Metals Ltd has announced a major exploration breakthrough at its Green Bay Copper-Gold Project in Canada, revealing an 800-meter-long core of high-grade copper and gold mineralization. The latest drilling results show substantial widths of high-grade mineralization, which could significantly impact the upcoming Mineral Resource Estimate and economic studies. The discovery occurs where Volcanogenic Massive Sulphide and Footwall Zone mineralization converge, suggesting potential for large-scale bulk mining. This development positions FireFly Metals as a key player in the copper-gold mining sector, with ongoing drilling to further define the extent of this mineralized zone.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
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. Their primary project is the Green Bay Copper-Gold Project in Canada, which is a significant focus for their exploration efforts.
YTD Price Performance: 72.97%
Average Trading Volume: 3,094,273
Technical Sentiment Signal: Buy
Current Market Cap: A$1.09B
See more data about FFM stock on TipRanks’ Stock Analysis page.