Another batch of high-grade assays for FireFly's resource update and economic studies

Original announcement by tmx on Aug 3, 2026

Bullish

Company: FireFly Metals Ltd
Ticker: FFM
Exchange: TSX
Region: Newfoundland and Labrador, Canada
Primary commodity: Copper
Secondary commodities: Gold, Silver, Zinc
Document categories: Drill results, Resource update
Extracted: 2026-09-12 03:08:38 UTC

Minestarters Atlas analysis

Summary

FireFly Metals Ltd announced a new batch of high-grade drill results from its Green Bay Copper-Gold Project in Newfoundland and Labrador, Canada. The infill drilling program, focused on the VMS and Core Zones, returned significant intercepts such as 11.5m @ 11.1% copper and 2.1g/t gold (13.2% CuEq) and 65.3m @ 3.6% copper and 0.7g/t gold (4.3% CuEq). These results will be incorporated into an imminent Mineral Resource Estimate update and Preliminary Economic Assessment, aimed at converting Inferred resources to Measured and Indicated categories to support a potential restart of operations.

Reasoning: The announcement reports a new batch of high-grade and thick drill intercepts from infill drilling, which confirm strong continuity and are explicitly stated to be incorporated into an imminent resource update and economic studies aimed at restarting production. The drilling is specifically targeting conversion of Inferred to higher-confidence M&I categories, de-risking the project.

Positive factors

High-grade intercepts, including 11.5m @ 11.1% copper and 2.1g/t gold (13.2% CuEq), demonstrate exceptional quality.
Thick intercepts, such as 65.3m @ 3.6% copper and 0.7g/t gold (4.3% CuEq), confirm significant mineralization.
Strong continuity of mineralization is confirmed across VMS lenses, footwall zones, and the high-grade core zone.
Infill drilling is specifically aimed at upgrading Inferred resources to higher-confidence Measured & Indicated categories, de-risking the project.
New drill results will be incorporated into an imminent Mineral Resource Estimate update and Preliminary Economic Assessment, underpinning economic studies for a potential restart of operations.
The company is well-funded with approximately A$196.4 million in cash and liquid investments.
Detailed QA/QC procedures are disclosed, including ISO-certified labs, QP/CP sign-off, and umpire checks by SGS laboratory.
True widths are approximated or stated for many intercepts, providing better geological context.
The deposit type (VMS) is well-understood, and the drilling is focused on known high-grade zones.

Negative factors

Some reported intercepts are relatively thin, though high-grade.
The metal equivalent formula for drill results includes zinc, while the MRE formula does not, which could lead to minor inconsistencies in reporting.

Facts used in scoring: 85

Extracted facts

Stored fact records: 85. Some facts used in scoring do not have a stored record.

Drill Results (85)

MUG26_058Green Bay · copperGrade: 9.49Grade Unit: %Intercept: 8.5 mView all details

Link to this fact

Identity

Hole ID: MUG26_058
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 9.49
Grade Unit: %
Intercept: 8.5 m
From: 373 m
To: 381.5 m
Hole Depth: 443 m
Intercept Depth: 373 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_058:373-381.5
Mining Method: underground

Location

Location: 900L Crosscut 8
Easting: 1062.6
Northing: 2299
CRS: local Ming Mine grid
Elevation: -899.2 m
Azimuth: 212 °
Dip: -47 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 12.4
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows an exceptionally high copper grade over a good width, contributing significantly to the project's economic potential and resource confidence.

Positive factors

High copper grade of 9.49% is exceptional for VMS deposits.
Significant intercept length of 8.5m adds to the materiality.
The result contributes to the resource update and economic studies, supporting project de-risking.

Evidence · table

“9.49”

Context: 8.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_058Green Bay · goldGrade: 3.1Grade Unit: g/tIntercept: 8.5 mView all details

Link to this fact

Identity

Hole ID: MUG26_058
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 3.1
Grade Unit: g/t
Intercept: 8.5 m
From: 373 m
To: 381.5 m
Hole Depth: 443 m
Intercept Depth: 373 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_058:373-381.5
Mining Method: underground

Location

Location: 900L Crosscut 8
Easting: 1062.6
Northing: 2299
CRS: local Ming Mine grid
Elevation: -899.2 m
Azimuth: 212 °
Dip: -47 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 12.4
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a good width, enhancing the polymetallic nature and economic potential of the deposit.

Positive factors

High gold grade of 3.1 g/t is strong for VMS deposits.
Significant intercept length of 8.5m adds to the materiality.
The result contributes to the resource update and economic studies, supporting project de-risking.

Evidence · table

“3.1”

Context: 8.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_058Green Bay · silverGrade: 32.2Grade Unit: g/tIntercept: 8.5 mView all details

Link to this fact

Identity

Hole ID: MUG26_058
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 32.2
Grade Unit: g/t
Intercept: 8.5 m
From: 373 m
To: 381.5 m
Hole Depth: 443 m
Intercept Depth: 373 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_058:373-381.5
Mining Method: underground

Location

Location: 900L Crosscut 8
Easting: 1062.6
Northing: 2299
CRS: local Ming Mine grid
Elevation: -899.2 m
Azimuth: 212 °
Dip: -47 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 12.4
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a moderate silver grade, adding to the overall metal content and potential byproduct credits.

Positive factors

Moderate silver grade of 32.2 g/t contributes to the polymetallic nature of the deposit.
Significant intercept length of 8.5m.

Evidence · table

“32.2”

Context: 8.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_058Green Bay · zincGrade: 0.99Grade Unit: %Intercept: 8.5 mView all details

Link to this fact

Identity

Hole ID: MUG26_058
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 0.99
Grade Unit: %
Intercept: 8.5 m
From: 373 m
To: 381.5 m
Hole Depth: 443 m
Intercept Depth: 373 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_058:373-381.5
Mining Method: underground

Location

Location: 900L Crosscut 8
Easting: 1062.6
Northing: 2299
CRS: local Ming Mine grid
Elevation: -899.2 m
Azimuth: 212 °
Dip: -47 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 12.4
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a zinc grade, contributing to the polymetallic nature of the deposit, though it is below the 2% weak threshold for VMS.

Positive factors

Zinc grade of 0.99% provides additional byproduct potential.

Evidence · table

“0.99”

Context: 8.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_059Green Bay · copperGrade: 3.75Grade Unit: %Intercept: 11.2 mView all details

Link to this fact

Identity

Hole ID: MUG26_059
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 3.75
Grade Unit: %
Intercept: 11.2 m
From: 463.9 m
To: 475 m
Hole Depth: 500 m
Intercept Depth: 463.9 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_059:463.9-475
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1174
Northing: 2400
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 224 °
Dip: -64 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 5.9
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong copper grade over a good width, enhancing the project's economic potential and resource confidence.

Positive factors

High copper grade of 3.75% is strong for VMS deposits.
Significant intercept length of 11.2m adds to the materiality.
The result contributes to the resource update and economic studies, supporting project de-risking.

Evidence · table

“3.75”

Context: 11.2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_059Green Bay · goldGrade: 1.9Grade Unit: g/tIntercept: 11.2 mView all details

Link to this fact

Identity

Hole ID: MUG26_059
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 1.9
Grade Unit: g/t
Intercept: 11.2 m
From: 463.9 m
To: 475 m
Hole Depth: 500 m
Intercept Depth: 463.9 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_059:463.9-475
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1174
Northing: 2400
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 224 °
Dip: -64 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 5.9
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a significant width, enhancing the polymetallic nature and economic potential of the deposit.

Positive factors

Moderate gold grade of 1.9 g/t is good for VMS deposits.
Significant intercept length of 11.2m adds to the materiality.

Evidence · table

“1.9”

Context: 11.2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_059Green Bay · silverGrade: 19.5Grade Unit: g/tIntercept: 11.2 mView all details

Link to this fact

Identity

Hole ID: MUG26_059
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 19.5
Grade Unit: g/t
Intercept: 11.2 m
From: 463.9 m
To: 475 m
Hole Depth: 500 m
Intercept Depth: 463.9 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_059:463.9-475
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1174
Northing: 2400
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 224 °
Dip: -64 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 5.9
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a silver grade, contributing to the polymetallic nature of the deposit, though it is below the 30 g/t weak threshold for VMS.

Positive factors

Silver grade of 19.5 g/t provides additional byproduct potential.

Evidence · table

“19.5”

Context: 11.2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_059Green Bay · zincGrade: 2.52Grade Unit: %Intercept: 11.2 mView all details

Link to this fact

Identity

Hole ID: MUG26_059
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 2.52
Grade Unit: %
Intercept: 11.2 m
From: 463.9 m
To: 475 m
Hole Depth: 500 m
Intercept Depth: 463.9 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_059:463.9-475
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1174
Northing: 2400
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 224 °
Dip: -64 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 5.9
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a zinc grade at the weak threshold, contributing to the polymetallic nature of the deposit.

Positive factors

Zinc grade of 2.52% is at the weak threshold for VMS deposits, providing additional byproduct potential.

Evidence · table

“2.52”

Context: 11.2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_060Green Bay · copperGrade: 3.6Grade Unit: %Intercept: 65.3 mView all details

Link to this fact

Identity

Hole ID: MUG26_060
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 3.6
Grade Unit: %
Intercept: 65.3 m
From: 417.1 m
To: 482.4 m
Hole Depth: 522 m
Intercept Depth: 417.1 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_060:417.1-482.4
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1185.8
Northing: 2352.2
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 195 °
Dip: -67 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.3
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong copper grade over an exceptional width, significantly enhancing the project's economic potential and resource confidence.

Positive factors

Exceptional intercept length of 65.3m, indicating significant continuity.
High copper grade of 3.6% is strong for VMS deposits.
The result contributes to the resource update and economic studies, supporting project de-risking.

Evidence · table

“3.60”

Context: 65.3

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_060Green Bay · goldGrade: 0.7Grade Unit: g/tIntercept: 65.3 mView all details

Link to this fact

Identity

Hole ID: MUG26_060
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 0.7
Grade Unit: g/t
Intercept: 65.3 m
From: 417.1 m
To: 482.4 m
Hole Depth: 522 m
Intercept Depth: 417.1 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_060:417.1-482.4
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1185.8
Northing: 2352.2
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 195 °
Dip: -67 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.3
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade but over an exceptional width, contributing to the overall metal content and continuity.

Positive factors

Gold grade of 0.7 g/t is at the weak threshold for VMS deposits, but over an exceptional intercept length of 65.3m.

Evidence · table

“0.7”

Context: 65.3

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_060Green Bay · silverGrade: 6.1Grade Unit: g/tIntercept: 65.3 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MUG26_060
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 6.1
Grade Unit: g/t
Intercept: 65.3 m
From: 417.1 m
To: 482.4 m
Hole Depth: 522 m
Intercept Depth: 417.1 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_060:417.1-482.4
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1185.8
Northing: 2352.2
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 195 °
Dip: -67 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.3
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a silver grade, contributing to the polymetallic nature of the deposit, though it is below the 30 g/t weak threshold for VMS.

Positive factors

Silver grade of 6.1 g/t provides additional byproduct potential over an exceptional intercept length.

Evidence · table

“6.1”

Context: 65.3

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_060Green Bay · zincGrade: 0.39Grade Unit: %Intercept: 65.3 mView all details

Link to this fact

Identity

Hole ID: MUG26_060
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 0.39
Grade Unit: %
Intercept: 65.3 m
From: 417.1 m
To: 482.4 m
Hole Depth: 522 m
Intercept Depth: 417.1 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_060:417.1-482.4
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1185.8
Northing: 2352.2
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 195 °
Dip: -67 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.3
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a low zinc grade, contributing to the polymetallic nature of the deposit, but it is well below the 2% weak threshold for VMS.

Positive factors

Zinc grade of 0.39% provides additional byproduct potential over an exceptional intercept length.

Evidence · table

“0.39”

Context: 65.3

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_062Green Bay · copperGrade: 1.8Grade Unit: %Intercept: 8.5 mView all details

Link to this fact

Identity

Hole ID: MUG26_062
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 1.8
Grade Unit: %
Intercept: 8.5 m
From: 25.7 m
To: 34.1 m
Hole Depth: 153 m
Intercept Depth: 25.7 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_062:25.7-34.1
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 7 °
Dip: -8 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.5
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a good copper grade over a moderate width, contributing to the overall resource.

Positive factors

Copper grade of 1.8% is good for VMS deposits.
Intercept length of 8.5m is moderate.

Evidence · table

“1.8”

Context: 8.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_062Green Bay · goldGrade: 3.2Grade Unit: g/tIntercept: 8.5 mView all details

Link to this fact

Identity

Hole ID: MUG26_062
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 3.2
Grade Unit: g/t
Intercept: 8.5 m
From: 25.7 m
To: 34.1 m
Hole Depth: 153 m
Intercept Depth: 25.7 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_062:25.7-34.1
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 7 °
Dip: -8 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.5
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a moderate width, enhancing the polymetallic nature and economic potential of the deposit.

Positive factors

High gold grade of 3.2 g/t is strong for VMS deposits.
Intercept length of 8.5m is moderate.

Evidence · table

“3.2”

Context: 8.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_062Green Bay · silverGrade: 15.4Grade Unit: g/tIntercept: 8.5 mView all details

Link to this fact

Identity

Hole ID: MUG26_062
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 15.4
Grade Unit: g/t
Intercept: 8.5 m
From: 25.7 m
To: 34.1 m
Hole Depth: 153 m
Intercept Depth: 25.7 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_062:25.7-34.1
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 7 °
Dip: -8 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.5
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a silver grade, contributing to the polymetallic nature of the deposit, though it is below the 30 g/t weak threshold for VMS.

Positive factors

Silver grade of 15.4 g/t provides additional byproduct potential.

Evidence · table

“15.4”

Context: 8.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_062Green Bay · zincGrade: 0.15Grade Unit: %Intercept: 8.5 mView all details

Link to this fact

Identity

Hole ID: MUG26_062
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 0.15
Grade Unit: %
Intercept: 8.5 m
From: 25.7 m
To: 34.1 m
Hole Depth: 153 m
Intercept Depth: 25.7 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_062:25.7-34.1
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 7 °
Dip: -8 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.5
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a very low zinc grade, contributing minimally to the polymetallic nature of the deposit, and is well below the 2% weak threshold for VMS.

Positive factors

Zinc grade of 0.15% provides additional byproduct potential.

Evidence · table

“0.15”

Context: 8.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_062Green Bay · copperGrade: 3.3Grade Unit: %Intercept: 3.2 mView all details

Link to this fact

Identity

Hole ID: MUG26_062
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 3.3
Grade Unit: %
Intercept: 3.2 m
From: 39.7 m
To: 42.9 m
Hole Depth: 153 m
Intercept Depth: 25.7 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_062:39.7-42.9
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 7 °
Dip: -8 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.8
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong copper grade, but its narrow width reduces its overall materiality.

Positive factors

High copper grade of 3.3% is strong for VMS deposits.

Negative factors

Narrow intercept length of 3.2m.

Evidence · table

“3.3”

Context: 3.2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_062Green Bay · goldGrade: 1.2Grade Unit: g/tIntercept: 3.2 mView all details

Link to this fact

Identity

Hole ID: MUG26_062
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 1.2
Grade Unit: g/t
Intercept: 3.2 m
From: 39.7 m
To: 42.9 m
Hole Depth: 153 m
Intercept Depth: 25.7 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_062:39.7-42.9
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 7 °
Dip: -8 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.8
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a good gold grade, but its narrow width reduces its overall materiality.

Positive factors

Moderate gold grade of 1.2 g/t is good for VMS deposits.

Negative factors

Narrow intercept length of 3.2m.

Evidence · table

“1.2”

Context: 3.2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_062Green Bay · silverGrade: 17.1Grade Unit: g/tIntercept: 3.2 mView all details

Link to this fact

Identity

Hole ID: MUG26_062
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 17.1
Grade Unit: g/t
Intercept: 3.2 m
From: 39.7 m
To: 42.9 m
Hole Depth: 153 m
Intercept Depth: 25.7 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_062:39.7-42.9
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 7 °
Dip: -8 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.8
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a silver grade, contributing to the polymetallic nature of the deposit, though it is below the 30 g/t weak threshold for VMS and narrow.

Positive factors

Silver grade of 17.1 g/t provides additional byproduct potential.

Negative factors

Narrow intercept length of 3.2m.

Evidence · table

“17.1”

Context: 3.2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_062Green Bay · zincGrade: 2.3Grade Unit: %Intercept: 3.2 mView all details

Link to this fact

Identity

Hole ID: MUG26_062
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 2.3
Grade Unit: %
Intercept: 3.2 m
From: 39.7 m
To: 42.9 m
Hole Depth: 153 m
Intercept Depth: 25.7 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_062:39.7-42.9
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 7 °
Dip: -8 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.8
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a zinc grade at the weak threshold, contributing to the polymetallic nature of the deposit, but its narrow width reduces its overall materiality.

Positive factors

Zinc grade of 2.3% is at the weak threshold for VMS deposits, providing additional byproduct potential.

Negative factors

Narrow intercept length of 3.2m.

Evidence · table

“2.30”

Context: 3.2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_063Green Bay · copperGrade: 3.8Grade Unit: %Intercept: 17.3 mView all details

Link to this fact

Identity

Hole ID: MUG26_063
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 3.8
Grade Unit: %
Intercept: 17.3 m
True Width: 12.9 m
From: 294.8 m
To: 312 m
Hole Depth: 405 m
Intercept Depth: 294.8 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_063:294.8-312
Mining Method: underground

Location

Location: 805L Exploration Drive Crosscut 3 West
Easting: 1145.2
Northing: 1970.6
CRS: local Ming Mine grid
Elevation: -841.9 m
Azimuth: 214 °
Dip: 0 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 7.3
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong copper grade over a significant true width, enhancing the project's economic potential and resource confidence.

Positive factors

High copper grade of 3.8% is strong for VMS deposits.
Significant intercept length of 17.3m with a true width of 12.9m adds to the materiality.
True width disclosed, increasing confidence in the geometry.
The result contributes to the resource update and economic studies, supporting project de-risking.

Evidence · table

“3.8”

Context: 17.3 ~12.9 TW

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 12.9

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_063Green Bay · goldGrade: 3.3Grade Unit: g/tIntercept: 17.3 mView all details

Link to this fact

Identity

Hole ID: MUG26_063
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 3.3
Grade Unit: g/t
Intercept: 17.3 m
True Width: 12.9 m
From: 294.8 m
To: 312 m
Hole Depth: 405 m
Intercept Depth: 294.8 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_063:294.8-312
Mining Method: underground

Location

Location: 805L Exploration Drive Crosscut 3 West
Easting: 1145.2
Northing: 1970.6
CRS: local Ming Mine grid
Elevation: -841.9 m
Azimuth: 214 °
Dip: 0 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 7.3
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a significant true width, enhancing the polymetallic nature and economic potential of the deposit.

Positive factors

High gold grade of 3.3 g/t is strong for VMS deposits.
Significant intercept length of 17.3m with a true width of 12.9m adds to the materiality.
True width disclosed, increasing confidence in the geometry.

Evidence · table

“3.3”

Context: 17.3 ~12.9 TW

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 12.9

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_063Green Bay · silverGrade: 31Grade Unit: g/tIntercept: 17.3 mView all details

Link to this fact

Identity

Hole ID: MUG26_063
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 31
Grade Unit: g/t
Intercept: 17.3 m
True Width: 12.9 m
From: 294.8 m
To: 312 m
Hole Depth: 405 m
Intercept Depth: 294.8 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_063:294.8-312
Mining Method: underground

Location

Location: 805L Exploration Drive Crosscut 3 West
Easting: 1145.2
Northing: 1970.6
CRS: local Ming Mine grid
Elevation: -841.9 m
Azimuth: 214 °
Dip: 0 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 7.3
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a silver grade at the weak threshold over a significant true width, contributing to the polymetallic nature of the deposit.

Positive factors

Silver grade of 31.0 g/t is at the weak threshold for VMS deposits, providing additional byproduct potential.
Significant intercept length of 17.3m with a true width of 12.9m.

Evidence · table

“31.0”

Context: 17.3 ~12.9 TW

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 12.9

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_063Green Bay · zincGrade: 2.98Grade Unit: %Intercept: 17.3 mView all details

Link to this fact

Identity

Hole ID: MUG26_063
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 2.98
Grade Unit: %
Intercept: 17.3 m
True Width: 12.9 m
From: 294.8 m
To: 312 m
Hole Depth: 405 m
Intercept Depth: 294.8 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_063:294.8-312
Mining Method: underground

Location

Location: 805L Exploration Drive Crosscut 3 West
Easting: 1145.2
Northing: 1970.6
CRS: local Ming Mine grid
Elevation: -841.9 m
Azimuth: 214 °
Dip: 0 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 7.3
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a zinc grade at the weak threshold over a significant true width, contributing to the polymetallic nature of the deposit.

Positive factors

Zinc grade of 2.98% is at the weak threshold for VMS deposits, providing additional byproduct potential.
Significant intercept length of 17.3m with a true width of 12.9m.

Evidence · table

“2.98”

Context: 17.3 ~12.9 TW

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 12.9

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_064Green Bay · copperGrade: 2.6Grade Unit: %Intercept: 13.4 mView all details

Link to this fact

Identity

Hole ID: MUG26_064
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 2.6
Grade Unit: %
Intercept: 13.4 m
From: 15.3 m
To: 28.7 m
Hole Depth: 104 m
Intercept Depth: 15.3 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_064:15.3-28.7
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 9 °
Dip: 3 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.7
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong copper grade over a significant width, contributing to the overall resource.

Positive factors

Copper grade of 2.6% is at the strong threshold for VMS deposits.
Significant intercept length of 13.4m adds to the materiality.

Evidence · table

“2.6”

Context: 13.4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_064Green Bay · goldGrade: 2.2Grade Unit: g/tIntercept: 13.4 mView all details

Link to this fact

Identity

Hole ID: MUG26_064
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 2.2
Grade Unit: g/t
Intercept: 13.4 m
From: 15.3 m
To: 28.7 m
Hole Depth: 104 m
Intercept Depth: 15.3 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_064:15.3-28.7
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 9 °
Dip: 3 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.7
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a significant width, enhancing the polymetallic nature and economic potential of the deposit.

Positive factors

High gold grade of 2.2 g/t is strong for VMS deposits.
Significant intercept length of 13.4m adds to the materiality.

Evidence · table

“2.2”

Context: 13.4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_064Green Bay · silverGrade: 15.9Grade Unit: g/tIntercept: 13.4 mView all details

Link to this fact

Identity

Hole ID: MUG26_064
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 15.9
Grade Unit: g/t
Intercept: 13.4 m
From: 15.3 m
To: 28.7 m
Hole Depth: 104 m
Intercept Depth: 15.3 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_064:15.3-28.7
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 9 °
Dip: 3 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.7
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a silver grade, contributing to the polymetallic nature of the deposit, though it is below the 30 g/t weak threshold for VMS.

Positive factors

Silver grade of 15.9 g/t provides additional byproduct potential.

Evidence · table

“15.9”

Context: 13.4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_064Green Bay · zincGrade: 0.79Grade Unit: %Intercept: 13.4 mView all details

Link to this fact

Identity

Hole ID: MUG26_064
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 0.79
Grade Unit: %
Intercept: 13.4 m
From: 15.3 m
To: 28.7 m
Hole Depth: 104 m
Intercept Depth: 15.3 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_064:15.3-28.7
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 9 °
Dip: 3 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.7
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a low zinc grade, contributing minimally to the polymetallic nature of the deposit, and is well below the 2% weak threshold for VMS.

Positive factors

Zinc grade of 0.79% provides additional byproduct potential.

Evidence · table

“0.79”

Context: 13.4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_064Green Bay · copperGrade: 1.4Grade Unit: %Intercept: 2.9 mView all details

Link to this fact

Identity

Hole ID: MUG26_064
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 1.4
Grade Unit: %
Intercept: 2.9 m
From: 33.2 m
To: 36 m
Hole Depth: 104 m
Intercept Depth: 15.3 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_064:33.2-36
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 9 °
Dip: 3 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.95
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a moderate copper grade, but its narrow width reduces its overall materiality.

Positive factors

Copper grade of 1.4% is moderate for VMS deposits.

Negative factors

Narrow intercept length of 2.9m.

Evidence · table

“1.4”

Context: 2.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_064Green Bay · goldGrade: 1.5Grade Unit: g/tIntercept: 2.9 mView all details

Link to this fact

Identity

Hole ID: MUG26_064
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 1.5
Grade Unit: g/t
Intercept: 2.9 m
From: 33.2 m
To: 36 m
Hole Depth: 104 m
Intercept Depth: 15.3 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_064:33.2-36
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 9 °
Dip: 3 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.95
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a good gold grade, but its narrow width reduces its overall materiality.

Positive factors

Moderate gold grade of 1.5 g/t is good for VMS deposits.

Negative factors

Narrow intercept length of 2.9m.

Evidence · table

“1.5”

Context: 2.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_064Green Bay · silverGrade: 9Grade Unit: g/tIntercept: 2.9 mHistorical resultNeeds review: historical_restatementView all details

Link to this fact

Identity

Hole ID: MUG26_064
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 9
Grade Unit: g/t
Intercept: 2.9 m
From: 33.2 m
To: 36 m
Hole Depth: 104 m
Intercept Depth: 15.3 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_064:33.2-36
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 9 °
Dip: 3 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.95
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: Yes
Review Reason: historical_restatement
Interp. Status: scored
Historical: Yes

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a silver grade, contributing to the polymetallic nature of the deposit, though it is below the 30 g/t weak threshold for VMS and narrow.

Positive factors

Silver grade of 9.0 g/t provides additional byproduct potential.

Negative factors

Narrow intercept length of 2.9m.

Evidence · table

“9.0”

Context: 2.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_064Green Bay · zincGrade: 1.66Grade Unit: %Intercept: 2.9 mView all details

Link to this fact

Identity

Hole ID: MUG26_064
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 1.66
Grade Unit: %
Intercept: 2.9 m
From: 33.2 m
To: 36 m
Hole Depth: 104 m
Intercept Depth: 15.3 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_064:33.2-36
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 9 °
Dip: 3 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.95
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a low zinc grade, contributing minimally to the polymetallic nature of the deposit, and is well below the 2% weak threshold for VMS and narrow.

Positive factors

Zinc grade of 1.66% provides additional byproduct potential.

Negative factors

Narrow intercept length of 2.9m.

Evidence · table

“1.66”

Context: 2.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_065Green Bay · copperGrade: 3.3Grade Unit: %Intercept: 10.7 mView all details

Link to this fact

Identity

Hole ID: MUG26_065
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 3.3
Grade Unit: %
Intercept: 10.7 m
From: 380.5 m
To: 391.2 m
Hole Depth: 418 m
Intercept Depth: 380.5 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_065:380.5-391.2
Mining Method: underground

Location

Location: 900L Crosscut 8
Easting: 1062.6
Northing: 2299
CRS: local Ming Mine grid
Elevation: -899.2 m
Azimuth: 214 °
Dip: -54 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.5
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong copper grade over a good width, enhancing the project's economic potential and resource confidence.

Positive factors

High copper grade of 3.3% is strong for VMS deposits.
Significant intercept length of 10.7m adds to the materiality.

Evidence · table

“3.3”

Context: 10.7

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_065Green Bay · goldGrade: 1.3Grade Unit: g/tIntercept: 10.7 mView all details

Link to this fact

Identity

Hole ID: MUG26_065
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 1.3
Grade Unit: g/t
Intercept: 10.7 m
From: 380.5 m
To: 391.2 m
Hole Depth: 418 m
Intercept Depth: 380.5 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_065:380.5-391.2
Mining Method: underground

Location

Location: 900L Crosscut 8
Easting: 1062.6
Northing: 2299
CRS: local Ming Mine grid
Elevation: -899.2 m
Azimuth: 214 °
Dip: -54 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.5
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a significant width, enhancing the polymetallic nature and economic potential of the deposit.

Positive factors

Moderate gold grade of 1.3 g/t is good for VMS deposits.
Significant intercept length of 10.7m adds to the materiality.

Evidence · table

“1.3”

Context: 10.7

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_065Green Bay · silverGrade: 12.5Grade Unit: g/tIntercept: 10.7 mView all details

Link to this fact

Identity

Hole ID: MUG26_065
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 12.5
Grade Unit: g/t
Intercept: 10.7 m
From: 380.5 m
To: 391.2 m
Hole Depth: 418 m
Intercept Depth: 380.5 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_065:380.5-391.2
Mining Method: underground

Location

Location: 900L Crosscut 8
Easting: 1062.6
Northing: 2299
CRS: local Ming Mine grid
Elevation: -899.2 m
Azimuth: 214 °
Dip: -54 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.5
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a silver grade, contributing to the polymetallic nature of the deposit, though it is below the 30 g/t weak threshold for VMS.

Positive factors

Silver grade of 12.5 g/t provides additional byproduct potential.

Evidence · table

“12.5”

Context: 10.7

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_065Green Bay · zincGrade: 0.59Grade Unit: %Intercept: 10.7 mView all details

Link to this fact

Identity

Hole ID: MUG26_065
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 0.59
Grade Unit: %
Intercept: 10.7 m
From: 380.5 m
To: 391.2 m
Hole Depth: 418 m
Intercept Depth: 380.5 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_065:380.5-391.2
Mining Method: underground

Location

Location: 900L Crosscut 8
Easting: 1062.6
Northing: 2299
CRS: local Ming Mine grid
Elevation: -899.2 m
Azimuth: 214 °
Dip: -54 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.5
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a low zinc grade, contributing minimally to the polymetallic nature of the deposit, and is well below the 2% weak threshold for VMS.

Positive factors

Zinc grade of 0.59% provides additional byproduct potential.

Evidence · table

“0.59”

Context: 10.7

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_067Green Bay · copperGrade: 1.4Grade Unit: %Intercept: 10.6 mView all details

Link to this fact

Identity

Hole ID: MUG26_067
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 1.4
Grade Unit: %
Intercept: 10.6 m
From: 471 m
To: 481.6 m
Hole Depth: 630 m
Intercept Depth: 471 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_067:471-481.6
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1185.83
Northing: 2352.2
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 173 °
Dip: -80 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.1
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a moderate copper grade over a good width, contributing to the overall resource.

Positive factors

Copper grade of 1.4% is moderate for VMS deposits.
Significant intercept length of 10.6m adds to the materiality.

Evidence · table

“1.4”

Context: 10.6

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_067Green Bay · goldGrade: 0.6Grade Unit: g/tIntercept: 10.6 mView all details

Link to this fact

Identity

Hole ID: MUG26_067
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 0.6
Grade Unit: g/t
Intercept: 10.6 m
From: 471 m
To: 481.6 m
Hole Depth: 630 m
Intercept Depth: 471 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_067:471-481.6
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1185.83
Northing: 2352.2
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 173 °
Dip: -80 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.1
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a significant width, contributing to the overall metal content and continuity.

Positive factors

Gold grade of 0.6 g/t is at the weak threshold for VMS deposits, but over a significant intercept length of 10.6m.

Evidence · table

“0.6”

Context: 10.6

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_067Green Bay · silverGrade: 4.5Grade Unit: g/tIntercept: 10.6 mView all details

Link to this fact

Identity

Hole ID: MUG26_067
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 4.5
Grade Unit: g/t
Intercept: 10.6 m
From: 471 m
To: 481.6 m
Hole Depth: 630 m
Intercept Depth: 471 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_067:471-481.6
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1185.83
Northing: 2352.2
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 173 °
Dip: -80 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.1
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a silver grade, contributing to the polymetallic nature of the deposit, though it is well below the 30 g/t weak threshold for VMS.

Positive factors

Silver grade of 4.5 g/t provides additional byproduct potential over a significant intercept length.

Evidence · table

“4.5”

Context: 10.6

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_067Green Bay · zincGrade: 1.1Grade Unit: %Intercept: 10.6 mView all details

Link to this fact

Identity

Hole ID: MUG26_067
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 1.1
Grade Unit: %
Intercept: 10.6 m
From: 471 m
To: 481.6 m
Hole Depth: 630 m
Intercept Depth: 471 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_067:471-481.6
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1185.83
Northing: 2352.2
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 173 °
Dip: -80 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.1
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a low zinc grade, contributing minimally to the polymetallic nature of the deposit, and is well below the 2% weak threshold for VMS.

Positive factors

Zinc grade of 1.1% provides additional byproduct potential.

Evidence · table

“1.10”

Context: 10.6

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_067Green Bay · copperGrade: 2.2Grade Unit: %Intercept: 21.4 mView all details

Link to this fact

Identity

Hole ID: MUG26_067
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 2.2
Grade Unit: %
Intercept: 21.4 m
From: 511.3 m
To: 532.7 m
Hole Depth: 630 m
Intercept Depth: 471 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_067:511.3-532.7
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1185.83
Northing: 2352.2
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 173 °
Dip: -80 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.3
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong copper grade over a strong width, contributing significantly to the overall resource.

Positive factors

Copper grade of 2.2% is at the strong threshold for VMS deposits.
Strong intercept length of 21.4m adds to the materiality.

Evidence · table

“2.2”

Context: 21.4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_067Green Bay · goldGrade: 0.2Grade Unit: g/tIntercept: 21.4 mView all details

Link to this fact

Identity

Hole ID: MUG26_067
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 0.2
Grade Unit: g/t
Intercept: 21.4 m
From: 511.3 m
To: 532.7 m
Hole Depth: 630 m
Intercept Depth: 471 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_067:511.3-532.7
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1185.83
Northing: 2352.2
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 173 °
Dip: -80 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.3
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, contributing minimally to the polymetallic nature of the deposit, and is well below the 0.3 g/t weak threshold for VMS.

Positive factors

Gold grade of 0.2 g/t provides additional byproduct potential over a strong intercept length of 21.4m.

Evidence · table

“0.2”

Context: 21.4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_067Green Bay · silverGrade: 2Grade Unit: g/tIntercept: 21.4 mView all details

Link to this fact

Identity

Hole ID: MUG26_067
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 2
Grade Unit: g/t
Intercept: 21.4 m
From: 511.3 m
To: 532.7 m
Hole Depth: 630 m
Intercept Depth: 471 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_067:511.3-532.7
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1185.83
Northing: 2352.2
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 173 °
Dip: -80 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.3
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a very low silver grade, contributing minimally to the polymetallic nature of the deposit, and is well below the 30 g/t weak threshold for VMS.

Positive factors

Silver grade of 2.0 g/t provides additional byproduct potential over a strong intercept length.

Evidence · table

“2.0”

Context: 21.4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_067Green Bay · zincGrade: 0.01Grade Unit: %Intercept: 21.4 mView all details

Link to this fact

Identity

Hole ID: MUG26_067
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 0.01
Grade Unit: %
Intercept: 21.4 m
From: 511.3 m
To: 532.7 m
Hole Depth: 630 m
Intercept Depth: 471 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_067:511.3-532.7
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1185.83
Northing: 2352.2
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 173 °
Dip: -80 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.3
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a trace zinc grade, contributing minimally to the polymetallic nature of the deposit, and is well below the 2% weak threshold for VMS.

Evidence · table

“0.01”

Context: 21.4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_067Green Bay · copperGrade: 2.6Grade Unit: %Intercept: 36.9 mView all details

Link to this fact

Identity

Hole ID: MUG26_067
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 2.6
Grade Unit: %
Intercept: 36.9 m
From: 538.8 m
To: 575.7 m
Hole Depth: 630 m
Intercept Depth: 471 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_067:538.8-575.7
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1185.83
Northing: 2352.2
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 173 °
Dip: -80 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.7
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong copper grade over a strong width, contributing significantly to the overall resource.

Positive factors

Copper grade of 2.6% is at the strong threshold for VMS deposits.
Strong intercept length of 36.9m adds to the materiality.

Evidence · table

“2.6”

Context: 36.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_067Green Bay · goldGrade: 0.1Grade Unit: g/tIntercept: 36.9 mView all details

Link to this fact

Identity

Hole ID: MUG26_067
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 0.1
Grade Unit: g/t
Intercept: 36.9 m
From: 538.8 m
To: 575.7 m
Hole Depth: 630 m
Intercept Depth: 471 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_067:538.8-575.7
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1185.83
Northing: 2352.2
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 173 °
Dip: -80 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.7
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade, contributing minimally to the polymetallic nature of the deposit, and is well below the 0.3 g/t weak threshold for VMS.

Positive factors

Gold grade of 0.1 g/t provides additional byproduct potential over a strong intercept length of 36.9m.

Evidence · table

“0.1”

Context: 36.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_067Green Bay · silverGrade: 2.2Grade Unit: g/tIntercept: 36.9 mView all details

Link to this fact

Identity

Hole ID: MUG26_067
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 2.2
Grade Unit: g/t
Intercept: 36.9 m
From: 538.8 m
To: 575.7 m
Hole Depth: 630 m
Intercept Depth: 471 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_067:538.8-575.7
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1185.83
Northing: 2352.2
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 173 °
Dip: -80 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.7
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a very low silver grade, contributing minimally to the polymetallic nature of the deposit, and is well below the 30 g/t weak threshold for VMS.

Positive factors

Silver grade of 2.2 g/t provides additional byproduct potential over a strong intercept length.

Evidence · table

“2.2”

Context: 36.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_067Green Bay · zincGrade: 0.11Grade Unit: %Intercept: 36.9 mView all details

Link to this fact

Identity

Hole ID: MUG26_067
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 0.11
Grade Unit: %
Intercept: 36.9 m
From: 538.8 m
To: 575.7 m
Hole Depth: 630 m
Intercept Depth: 471 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_067:538.8-575.7
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1185.83
Northing: 2352.2
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 173 °
Dip: -80 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.7
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a trace zinc grade, contributing minimally to the polymetallic nature of the deposit, and is well below the 2% weak threshold for VMS.

Evidence · table

“0.11”

Context: 36.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_068Green Bay · copperGrade: 1.7Grade Unit: %Intercept: 8.95 mView all details

Link to this fact

Identity

Hole ID: MUG26_068
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 1.7
Grade Unit: %
Intercept: 8.95 m
From: 7.3 m
To: 16.3 m
Hole Depth: 87 m
Intercept Depth: 7.3 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_068:7.3-16.3
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 343 °
Dip: 26 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.7
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a good copper grade over a moderate width, contributing to the overall resource.

Positive factors

Copper grade of 1.7% is good for VMS deposits.
Intercept length of 8.95m is moderate.

Evidence · table

“1.7”

Context: 8.95

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_068Green Bay · goldGrade: 1.1Grade Unit: g/tIntercept: 8.95 mView all details

Link to this fact

Identity

Hole ID: MUG26_068
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 1.1
Grade Unit: g/t
Intercept: 8.95 m
From: 7.3 m
To: 16.3 m
Hole Depth: 87 m
Intercept Depth: 7.3 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_068:7.3-16.3
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 343 °
Dip: 26 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.7
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a moderate width, enhancing the polymetallic nature and economic potential of the deposit.

Positive factors

Moderate gold grade of 1.1 g/t is good for VMS deposits.
Intercept length of 8.95m is moderate.

Evidence · table

“1.1”

Context: 8.95

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_068Green Bay · silverGrade: 8.4Grade Unit: g/tIntercept: 8.95 mView all details

Link to this fact

Identity

Hole ID: MUG26_068
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 8.4
Grade Unit: g/t
Intercept: 8.95 m
From: 7.3 m
To: 16.3 m
Hole Depth: 87 m
Intercept Depth: 7.3 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_068:7.3-16.3
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 343 °
Dip: 26 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.7
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a silver grade, contributing to the polymetallic nature of the deposit, though it is below the 30 g/t weak threshold for VMS.

Positive factors

Silver grade of 8.4 g/t provides additional byproduct potential.

Evidence · table

“8.4”

Context: 8.95

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_068Green Bay · zincGrade: 0.1Grade Unit: %Intercept: 8.95 mView all details

Link to this fact

Identity

Hole ID: MUG26_068
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 0.1
Grade Unit: %
Intercept: 8.95 m
From: 7.3 m
To: 16.3 m
Hole Depth: 87 m
Intercept Depth: 7.3 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_068:7.3-16.3
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 343 °
Dip: 26 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.7
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a trace zinc grade, contributing minimally to the polymetallic nature of the deposit, and is well below the 2% weak threshold for VMS.

Evidence · table

“0.10”

Context: 8.95

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_068Green Bay · copperGrade: 1.9Grade Unit: %Intercept: 3.9 mView all details

Link to this fact

Identity

Hole ID: MUG26_068
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 1.9
Grade Unit: %
Intercept: 3.9 m
From: 22.2 m
To: 26.1 m
Hole Depth: 87 m
Intercept Depth: 7.3 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_068:22.2-26.1
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 343 °
Dip: 26 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.9
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a good copper grade, but its narrow width reduces its overall materiality.

Positive factors

Copper grade of 1.9% is good for VMS deposits.

Negative factors

Narrow intercept length of 3.9m.

Evidence · table

“1.9”

Context: 3.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_068Green Bay · goldGrade: 3.2Grade Unit: g/tIntercept: 3.9 mView all details

Link to this fact

Identity

Hole ID: MUG26_068
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 3.2
Grade Unit: g/t
Intercept: 3.9 m
From: 22.2 m
To: 26.1 m
Hole Depth: 87 m
Intercept Depth: 7.3 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_068:22.2-26.1
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 343 °
Dip: 26 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.9
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, but its narrow width reduces its overall materiality.

Positive factors

High gold grade of 3.2 g/t is strong for VMS deposits.

Negative factors

Narrow intercept length of 3.9m.

Evidence · table

“3.2”

Context: 3.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_068Green Bay · silverGrade: 21.7Grade Unit: g/tIntercept: 3.9 mView all details

Link to this fact

Identity

Hole ID: MUG26_068
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 21.7
Grade Unit: g/t
Intercept: 3.9 m
From: 22.2 m
To: 26.1 m
Hole Depth: 87 m
Intercept Depth: 7.3 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_068:22.2-26.1
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 343 °
Dip: 26 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.9
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a silver grade, contributing to the polymetallic nature of the deposit, though it is below the 30 g/t weak threshold for VMS and narrow.

Positive factors

Silver grade of 21.7 g/t provides additional byproduct potential.

Negative factors

Narrow intercept length of 3.9m.

Evidence · table

“21.7”

Context: 3.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_068Green Bay · zincGrade: 1.7Grade Unit: %Intercept: 3.9 mView all details

Link to this fact

Identity

Hole ID: MUG26_068
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 1.7
Grade Unit: %
Intercept: 3.9 m
From: 22.2 m
To: 26.1 m
Hole Depth: 87 m
Intercept Depth: 7.3 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_068:22.2-26.1
Mining Method: underground

Location

Location: Lower Zone
Easting: 1126.1
Northing: 1476.4
CRS: local Ming Mine grid
Elevation: -777.5 m
Azimuth: 343 °
Dip: 26 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.9
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a low zinc grade, contributing minimally to the polymetallic nature of the deposit, and is well below the 2% weak threshold for VMS and narrow.

Positive factors

Zinc grade of 1.7% provides additional byproduct potential.

Negative factors

Narrow intercept length of 3.9m.

Evidence · table

“1.70”

Context: 3.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_069Green Bay · copperGrade: 2Grade Unit: %Intercept: 4.4 mView all details

Link to this fact

Identity

Hole ID: MUG26_069
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 2
Grade Unit: %
Intercept: 4.4 m
True Width: 3.3 m
From: 334.7 m
To: 339 m
Hole Depth: 408 m
Intercept Depth: 334.7 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_069:334.7-339
Mining Method: underground

Location

Location: 805L Exploration Drive Crosscut 3 West
Easting: 1145.2
Northing: 1970.57
CRS: local Ming Mine grid
Elevation: -841.9 m
Azimuth: 209 °
Dip: 9 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 3.2
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong copper grade, but its narrow width reduces its overall materiality.

Positive factors

Copper grade of 2.0% is at the strong threshold for VMS deposits.
True width of 3.3m disclosed.

Negative factors

Narrow intercept length of 4.4m.

Evidence · table

“2.0”

Context: 4.4 ~3.3 TW

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.3

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_069Green Bay · goldGrade: 1.3Grade Unit: g/tIntercept: 4.4 mView all details

Link to this fact

Identity

Hole ID: MUG26_069
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 1.3
Grade Unit: g/t
Intercept: 4.4 m
True Width: 3.3 m
From: 334.7 m
To: 339 m
Hole Depth: 408 m
Intercept Depth: 334.7 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_069:334.7-339
Mining Method: underground

Location

Location: 805L Exploration Drive Crosscut 3 West
Easting: 1145.2
Northing: 1970.57
CRS: local Ming Mine grid
Elevation: -841.9 m
Azimuth: 209 °
Dip: 9 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 3.2
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a good gold grade, but its narrow width reduces its overall materiality.

Positive factors

Moderate gold grade of 1.3 g/t is good for VMS deposits.
True width of 3.3m disclosed.

Negative factors

Narrow intercept length of 4.4m.

Evidence · table

“1.3”

Context: 4.4 ~3.3 TW

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.3

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_069Green Bay · silverGrade: 11.1Grade Unit: g/tIntercept: 4.4 mView all details

Link to this fact

Identity

Hole ID: MUG26_069
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 11.1
Grade Unit: g/t
Intercept: 4.4 m
True Width: 3.3 m
From: 334.7 m
To: 339 m
Hole Depth: 408 m
Intercept Depth: 334.7 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_069:334.7-339
Mining Method: underground

Location

Location: 805L Exploration Drive Crosscut 3 West
Easting: 1145.2
Northing: 1970.57
CRS: local Ming Mine grid
Elevation: -841.9 m
Azimuth: 209 °
Dip: 9 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 3.2
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a silver grade, contributing to the polymetallic nature of the deposit, though it is below the 30 g/t weak threshold for VMS and narrow.

Positive factors

Silver grade of 11.1 g/t provides additional byproduct potential.

Negative factors

Narrow intercept length of 4.4m.

Evidence · table

“11.1”

Context: 4.4 ~3.3 TW

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.3

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_069Green Bay · zincGrade: 0.4Grade Unit: %Intercept: 4.4 mView all details

Link to this fact

Identity

Hole ID: MUG26_069
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 0.4
Grade Unit: %
Intercept: 4.4 m
True Width: 3.3 m
From: 334.7 m
To: 339 m
Hole Depth: 408 m
Intercept Depth: 334.7 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_069:334.7-339
Mining Method: underground

Location

Location: 805L Exploration Drive Crosscut 3 West
Easting: 1145.2
Northing: 1970.57
CRS: local Ming Mine grid
Elevation: -841.9 m
Azimuth: 209 °
Dip: 9 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 3.2
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a very low zinc grade, contributing minimally to the polymetallic nature of the deposit, and is well below the 2% weak threshold for VMS.

Positive factors

Zinc grade of 0.4% provides additional byproduct potential.

Negative factors

Narrow intercept length of 4.4m.

Evidence · table

“0.40”

Context: 4.4 ~3.3 TW

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 3.3

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_070Green Bay · copperGrade: 2.5Grade Unit: %Intercept: 15.7 mView all details

Link to this fact

Identity

Hole ID: MUG26_070
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 2.5
Grade Unit: %
Intercept: 15.7 m
From: 479.8 m
To: 495.5 m
Hole Depth: 588 m
Intercept Depth: 479.8 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_070:479.8-495.5
Mining Method: underground

Location

Location: 880R Remuck 2
Easting: 1222.06
Northing: 2255.1
CRS: local Ming Mine grid
Elevation: -906 m
Azimuth: 310 °
Dip: -76 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 3.4
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong copper grade over a significant width, contributing to the overall resource.

Positive factors

Copper grade of 2.5% is at the strong threshold for VMS deposits.
Significant intercept length of 15.7m adds to the materiality.

Evidence · table

“2.5”

Context: 15.65

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_070Green Bay · goldGrade: 1Grade Unit: g/tIntercept: 15.7 mView all details

Link to this fact

Identity

Hole ID: MUG26_070
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 1
Grade Unit: g/t
Intercept: 15.7 m
From: 479.8 m
To: 495.5 m
Hole Depth: 588 m
Intercept Depth: 479.8 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_070:479.8-495.5
Mining Method: underground

Location

Location: 880R Remuck 2
Easting: 1222.06
Northing: 2255.1
CRS: local Ming Mine grid
Elevation: -906 m
Azimuth: 310 °
Dip: -76 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 3.4
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a good gold grade over a significant width, enhancing the polymetallic nature and economic potential of the deposit.

Positive factors

Moderate gold grade of 1.0 g/t is good for VMS deposits.
Significant intercept length of 15.7m adds to the materiality.

Evidence · table

“1.0”

Context: 15.65

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_070Green Bay · silverGrade: 5.7Grade Unit: g/tIntercept: 15.7 mView all details

Link to this fact

Identity

Hole ID: MUG26_070
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 5.7
Grade Unit: g/t
Intercept: 15.7 m
From: 479.8 m
To: 495.5 m
Hole Depth: 588 m
Intercept Depth: 479.8 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_070:479.8-495.5
Mining Method: underground

Location

Location: 880R Remuck 2
Easting: 1222.06
Northing: 2255.1
CRS: local Ming Mine grid
Elevation: -906 m
Azimuth: 310 °
Dip: -76 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 3.4
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a silver grade, contributing to the polymetallic nature of the deposit, though it is well below the 30 g/t weak threshold for VMS.

Positive factors

Silver grade of 5.7 g/t provides additional byproduct potential over a significant intercept length.

Evidence · table

“5.7”

Context: 15.65

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_070Green Bay · zincGrade: 0.5Grade Unit: %Intercept: 15.7 mView all details

Link to this fact

Identity

Hole ID: MUG26_070
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 0.5
Grade Unit: %
Intercept: 15.7 m
From: 479.8 m
To: 495.5 m
Hole Depth: 588 m
Intercept Depth: 479.8 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_070:479.8-495.5
Mining Method: underground

Location

Location: 880R Remuck 2
Easting: 1222.06
Northing: 2255.1
CRS: local Ming Mine grid
Elevation: -906 m
Azimuth: 310 °
Dip: -76 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 3.4
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a low zinc grade, contributing minimally to the polymetallic nature of the deposit, and is well below the 2% weak threshold for VMS.

Positive factors

Zinc grade of 0.5% provides additional byproduct potential.

Evidence · table

“0.50”

Context: 15.65

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_071Green Bay · copperGrade: 3.24Grade Unit: %Intercept: 6.2 mView all details

Link to this fact

Identity

Hole ID: MUG26_071
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 3.24
Grade Unit: %
Intercept: 6.2 m
From: 73.6 m
To: 79.8 m
Hole Depth: 132 m
Intercept Depth: 73.6 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_071:73.6-79.8
Mining Method: underground

Location

Location: Lower Zone
Easting: 1098.8
Northing: 1410.34
CRS: local Ming Mine grid
Elevation: -666.5 m
Azimuth: 293 °
Dip: -33 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 6.36
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong copper grade over a moderate width, contributing to the overall resource.

Positive factors

High copper grade of 3.24% is strong for VMS deposits.
Moderate intercept length of 6.2m adds to the materiality.

Evidence · table

“3.24”

Context: 6.2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_071Green Bay · goldGrade: 3.44Grade Unit: g/tIntercept: 6.2 mView all details

Link to this fact

Identity

Hole ID: MUG26_071
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 3.44
Grade Unit: g/t
Intercept: 6.2 m
From: 73.6 m
To: 79.8 m
Hole Depth: 132 m
Intercept Depth: 73.6 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_071:73.6-79.8
Mining Method: underground

Location

Location: Lower Zone
Easting: 1098.8
Northing: 1410.34
CRS: local Ming Mine grid
Elevation: -666.5 m
Azimuth: 293 °
Dip: -33 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 6.36
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a moderate width, enhancing the polymetallic nature and economic potential of the deposit.

Positive factors

High gold grade of 3.44 g/t is strong for VMS deposits.
Moderate intercept length of 6.2m adds to the materiality.

Evidence · table

“3.44”

Context: 6.2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_071Green Bay · silverGrade: 26.8Grade Unit: g/tIntercept: 6.2 mView all details

Link to this fact

Identity

Hole ID: MUG26_071
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 26.8
Grade Unit: g/t
Intercept: 6.2 m
From: 73.6 m
To: 79.8 m
Hole Depth: 132 m
Intercept Depth: 73.6 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_071:73.6-79.8
Mining Method: underground

Location

Location: Lower Zone
Easting: 1098.8
Northing: 1410.34
CRS: local Ming Mine grid
Elevation: -666.5 m
Azimuth: 293 °
Dip: -33 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 6.36
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a silver grade, contributing to the polymetallic nature of the deposit, though it is below the 30 g/t weak threshold for VMS.

Positive factors

Silver grade of 26.8 g/t provides additional byproduct potential.

Evidence · table

“26.8”

Context: 6.2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_071Green Bay · zincGrade: 0.5Grade Unit: %Intercept: 6.2 mView all details

Link to this fact

Identity

Hole ID: MUG26_071
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 0.5
Grade Unit: %
Intercept: 6.2 m
From: 73.6 m
To: 79.8 m
Hole Depth: 132 m
Intercept Depth: 73.6 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_071:73.6-79.8
Mining Method: underground

Location

Location: Lower Zone
Easting: 1098.8
Northing: 1410.34
CRS: local Ming Mine grid
Elevation: -666.5 m
Azimuth: 293 °
Dip: -33 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 6.36
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a low zinc grade, contributing minimally to the polymetallic nature of the deposit, and is well below the 2% weak threshold for VMS.

Positive factors

Zinc grade of 0.5% provides additional byproduct potential.

Evidence · table

“0.5”

Context: 6.2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_072Green Bay · copperGrade: 4.8Grade Unit: %Intercept: 2.3 mView all details

Link to this fact

Identity

Hole ID: MUG26_072
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 4.8
Grade Unit: %
Intercept: 2.3 m
From: 463.5 m
To: 465.8 m
Hole Depth: 510 m
Intercept Depth: 463.5 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_072:463.5-465.8
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1174
Northing: 2400
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 201 °
Dip: -74 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 6.8
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong copper grade, but its narrow width reduces its overall materiality.

Positive factors

High copper grade of 4.8% is strong for VMS deposits.

Negative factors

Narrow intercept length of 2.3m.

Evidence · table

“4.8”

Context: 2.3

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_072Green Bay · goldGrade: 2.1Grade Unit: g/tIntercept: 2.3 mView all details

Link to this fact

Identity

Hole ID: MUG26_072
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 2.1
Grade Unit: g/t
Intercept: 2.3 m
From: 463.5 m
To: 465.8 m
Hole Depth: 510 m
Intercept Depth: 463.5 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_072:463.5-465.8
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1174
Northing: 2400
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 201 °
Dip: -74 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 6.8
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, but its narrow width reduces its overall materiality.

Positive factors

High gold grade of 2.1 g/t is strong for VMS deposits.

Negative factors

Narrow intercept length of 2.3m.

Evidence · table

“2.1”

Context: 2.3

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_072Green Bay · silverGrade: 17.1Grade Unit: g/tIntercept: 2.3 mView all details

Link to this fact

Identity

Hole ID: MUG26_072
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 17.1
Grade Unit: g/t
Intercept: 2.3 m
From: 463.5 m
To: 465.8 m
Hole Depth: 510 m
Intercept Depth: 463.5 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_072:463.5-465.8
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1174
Northing: 2400
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 201 °
Dip: -74 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 6.8
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a silver grade, contributing to the polymetallic nature of the deposit, though it is below the 30 g/t weak threshold for VMS and narrow.

Positive factors

Silver grade of 17.1 g/t provides additional byproduct potential.

Negative factors

Narrow intercept length of 2.3m.

Evidence · table

“17.1”

Context: 2.3

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_072Green Bay · zincGrade: 0.9Grade Unit: %Intercept: 2.3 mView all details

Link to this fact

Identity

Hole ID: MUG26_072
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 0.9
Grade Unit: %
Intercept: 2.3 m
From: 463.5 m
To: 465.8 m
Hole Depth: 510 m
Intercept Depth: 463.5 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_072:463.5-465.8
Mining Method: underground

Location

Location: 920L Crosscut 5
Easting: 1174
Northing: 2400
CRS: local Ming Mine grid
Elevation: -916.1 m
Azimuth: 201 °
Dip: -74 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 6.8
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a low zinc grade, contributing minimally to the polymetallic nature of the deposit, and is well below the 2% weak threshold for VMS.

Positive factors

Zinc grade of 0.9% provides additional byproduct potential.

Negative factors

Narrow intercept length of 2.3m.

Evidence · table

“0.90”

Context: 2.3

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_073Green Bay · copperGrade: 2.2Grade Unit: %Intercept: 5.6 mView all details

Link to this fact

Identity

Hole ID: MUG26_073
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 2.2
Grade Unit: %
Intercept: 5.6 m
True Width: 2.8 m
From: 90.3 m
To: 95.8 m
Hole Depth: 108 m
Intercept Depth: 90.3 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_073:90.3-95.8
Mining Method: underground

Location

Location: Lower Zone
Easting: 1101.1
Northing: 1411.3
CRS: local Ming Mine grid
Elevation: -666.4 m
Azimuth: 325 °
Dip: -44 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 5.3
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong copper grade, but its narrow width reduces its overall materiality.

Positive factors

Copper grade of 2.2% is at the strong threshold for VMS deposits.
True width of 2.8m disclosed.

Negative factors

Narrow intercept length of 5.6m.

Evidence · table

“2.2”

Context: 5.6 ~2.8 TW

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.8

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_073Green Bay · goldGrade: 3Grade Unit: g/tIntercept: 5.6 mView all details

Link to this fact

Identity

Hole ID: MUG26_073
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 3
Grade Unit: g/t
Intercept: 5.6 m
True Width: 2.8 m
From: 90.3 m
To: 95.8 m
Hole Depth: 108 m
Intercept Depth: 90.3 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_073:90.3-95.8
Mining Method: underground

Location

Location: Lower Zone
Easting: 1101.1
Northing: 1411.3
CRS: local Ming Mine grid
Elevation: -666.4 m
Azimuth: 325 °
Dip: -44 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 5.3
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, but its narrow width reduces its overall materiality.

Positive factors

High gold grade of 3.0 g/t is strong for VMS deposits.
True width of 2.8m disclosed.

Negative factors

Narrow intercept length of 5.6m.

Evidence · table

“3.0”

Context: 5.6 ~2.8 TW

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.8

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_073Green Bay · silverGrade: 37.5Grade Unit: g/tIntercept: 5.6 mView all details

Link to this fact

Identity

Hole ID: MUG26_073
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 37.5
Grade Unit: g/t
Intercept: 5.6 m
True Width: 2.8 m
From: 90.3 m
To: 95.8 m
Hole Depth: 108 m
Intercept Depth: 90.3 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_073:90.3-95.8
Mining Method: underground

Location

Location: Lower Zone
Easting: 1101.1
Northing: 1411.3
CRS: local Ming Mine grid
Elevation: -666.4 m
Azimuth: 325 °
Dip: -44 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 5.3
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a silver grade at the weak threshold over a narrow true width, contributing to the polymetallic nature of the deposit.

Positive factors

Silver grade of 37.5 g/t is at the weak threshold for VMS deposits, providing additional byproduct potential.
True width of 2.8m disclosed.

Negative factors

Narrow intercept length of 5.6m.

Evidence · table

“37.5”

Context: 5.6 ~2.8 TW

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.8

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_073Green Bay · zincGrade: 1.9Grade Unit: %Intercept: 5.6 mView all details

Link to this fact

Identity

Hole ID: MUG26_073
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 1.9
Grade Unit: %
Intercept: 5.6 m
True Width: 2.8 m
From: 90.3 m
To: 95.8 m
Hole Depth: 108 m
Intercept Depth: 90.3 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_073:90.3-95.8
Mining Method: underground

Location

Location: Lower Zone
Easting: 1101.1
Northing: 1411.3
CRS: local Ming Mine grid
Elevation: -666.4 m
Azimuth: 325 °
Dip: -44 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 5.3
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a low zinc grade, contributing minimally to the polymetallic nature of the deposit, and is well below the 2% weak threshold for VMS.

Positive factors

Zinc grade of 1.9% provides additional byproduct potential.

Negative factors

Narrow intercept length of 5.6m.

Evidence · table

“1.90”

Context: 5.6 ~2.8 TW

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.8

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_074Green Bay · copperGrade: 1.1Grade Unit: %Intercept: 5.4 mView all details

Link to this fact

Identity

Hole ID: MUG26_074
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 1.1
Grade Unit: %
Intercept: 5.4 m
True Width: 2.7 m
From: 110.6 m
To: 116 m
Hole Depth: 195 m
Intercept Depth: 110.6 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_074:110.6-116
Mining Method: underground

Location

Location: Lower Zone
Easting: 1111.5
Northing: 1412.4
CRS: local Ming Mine grid
Elevation: -666.2 m
Azimuth: 42 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.9
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a moderate copper grade, but its narrow width reduces its overall materiality.

Positive factors

Copper grade of 1.1% is moderate for VMS deposits.
True width of 2.7m disclosed.

Negative factors

Narrow intercept length of 5.4m.

Evidence · table

“1.1”

Context: 5.4 ~2.7 TW

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.7

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_074Green Bay · goldGrade: 1.9Grade Unit: g/tIntercept: 5.4 mView all details

Link to this fact

Identity

Hole ID: MUG26_074
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 1.9
Grade Unit: g/t
Intercept: 5.4 m
True Width: 2.7 m
From: 110.6 m
To: 116 m
Hole Depth: 195 m
Intercept Depth: 110.6 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_074:110.6-116
Mining Method: underground

Location

Location: Lower Zone
Easting: 1111.5
Northing: 1412.4
CRS: local Ming Mine grid
Elevation: -666.2 m
Azimuth: 42 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.9
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade, but its narrow width reduces its overall materiality.

Positive factors

High gold grade of 1.9 g/t is strong for VMS deposits.
True width of 2.7m disclosed.

Negative factors

Narrow intercept length of 5.4m.

Evidence · table

“1.9”

Context: 5.4 ~2.7 TW

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.7

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_074Green Bay · silverGrade: 28.5Grade Unit: g/tIntercept: 5.4 mView all details

Link to this fact

Identity

Hole ID: MUG26_074
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 28.5
Grade Unit: g/t
Intercept: 5.4 m
True Width: 2.7 m
From: 110.6 m
To: 116 m
Hole Depth: 195 m
Intercept Depth: 110.6 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_074:110.6-116
Mining Method: underground

Location

Location: Lower Zone
Easting: 1111.5
Northing: 1412.4
CRS: local Ming Mine grid
Elevation: -666.2 m
Azimuth: 42 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.9
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a silver grade, contributing to the polymetallic nature of the deposit, though it is below the 30 g/t weak threshold for VMS and narrow.

Positive factors

Silver grade of 28.5 g/t provides additional byproduct potential.

Negative factors

Narrow intercept length of 5.4m.

Evidence · table

“28.5”

Context: 5.4 ~2.7 TW

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.7

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_074Green Bay · zincGrade: 0.2Grade Unit: %Intercept: 5.4 mView all details

Link to this fact

Identity

Hole ID: MUG26_074
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 0.2
Grade Unit: %
Intercept: 5.4 m
True Width: 2.7 m
From: 110.6 m
To: 116 m
Hole Depth: 195 m
Intercept Depth: 110.6 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_074:110.6-116
Mining Method: underground

Location

Location: Lower Zone
Easting: 1111.5
Northing: 1412.4
CRS: local Ming Mine grid
Elevation: -666.2 m
Azimuth: 42 °
Dip: -50 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 2.9
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a very low zinc grade, contributing minimally to the polymetallic nature of the deposit, and is well below the 2% weak threshold for VMS.

Positive factors

Zinc grade of 0.2% provides additional byproduct potential.

Negative factors

Narrow intercept length of 5.4m.

Evidence · table

“0.20”

Context: 5.4 ~2.7 TW

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 2.7

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_075Green Bay · copperGrade: 2.7Grade Unit: %Intercept: 4.4 mView all details

Link to this fact

Identity

Hole ID: MUG26_075
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 2.7
Grade Unit: %
Intercept: 4.4 m
From: 373.6 m
To: 378 m
Hole Depth: 411 m
Intercept Depth: 373.6 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_075:373.6-378
Mining Method: underground

Location

Location: 900L Crosscut 8
Easting: 1062.6
Northing: 2299
CRS: local Ming Mine grid
Elevation: -899.2 m
Azimuth: 206 °
Dip: -43 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.1
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong copper grade, but its narrow width reduces its overall materiality.

Positive factors

Copper grade of 2.7% is at the strong threshold for VMS deposits.

Negative factors

Narrow intercept length of 4.4m.

Evidence · table

“2.7”

Context: 4.4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_075Green Bay · goldGrade: 1.3Grade Unit: g/tIntercept: 4.4 mView all details

Link to this fact

Identity

Hole ID: MUG26_075
Project: Green Bay
Commodity: gold
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 1.3
Grade Unit: g/t
Intercept: 4.4 m
From: 373.6 m
To: 378 m
Hole Depth: 411 m
Intercept Depth: 373.6 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_075:373.6-378
Mining Method: underground

Location

Location: 900L Crosscut 8
Easting: 1062.6
Northing: 2299
CRS: local Ming Mine grid
Elevation: -899.2 m
Azimuth: 206 °
Dip: -43 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.1
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a good gold grade, but its narrow width reduces its overall materiality.

Positive factors

Moderate gold grade of 1.3 g/t is good for VMS deposits.

Negative factors

Narrow intercept length of 4.4m.

Evidence · table

“1.3”

Context: 4.4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_075Green Bay · silverGrade: 14.4Grade Unit: g/tIntercept: 4.4 mView all details

Link to this fact

Identity

Hole ID: MUG26_075
Project: Green Bay
Commodity: silver
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 14.4
Grade Unit: g/t
Intercept: 4.4 m
From: 373.6 m
To: 378 m
Hole Depth: 411 m
Intercept Depth: 373.6 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_075:373.6-378
Mining Method: underground

Location

Location: 900L Crosscut 8
Easting: 1062.6
Northing: 2299
CRS: local Ming Mine grid
Elevation: -899.2 m
Azimuth: 206 °
Dip: -43 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.1
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 0.5
Cutoff Unit: g/t
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a silver grade, contributing to the polymetallic nature of the deposit, though it is below the 30 g/t weak threshold for VMS and narrow.

Positive factors

Silver grade of 14.4 g/t provides additional byproduct potential.

Negative factors

Narrow intercept length of 4.4m.

Evidence · table

“14.4”

Context: 4.4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_075Green Bay · zincGrade: 1.3Grade Unit: %Intercept: 4.4 mView all details

Link to this fact

Identity

Hole ID: MUG26_075
Project: Green Bay
Commodity: zinc
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 1.3
Grade Unit: %
Intercept: 4.4 m
From: 373.6 m
To: 378 m
Hole Depth: 411 m
Intercept Depth: 373.6 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_075:373.6-378
Mining Method: underground

Location

Location: 900L Crosscut 8
Easting: 1062.6
Northing: 2299
CRS: local Ming Mine grid
Elevation: -899.2 m
Azimuth: 206 °
Dip: -43 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 4.1
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept includes a low zinc grade, contributing minimally to the polymetallic nature of the deposit, and is well below the 2% weak threshold for VMS.

Positive factors

Zinc grade of 1.3% provides additional byproduct potential.

Negative factors

Narrow intercept length of 4.4m.

Evidence · table

“1.30”

Context: 4.4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

MUG26_076Green Bay · copperGrade: 2.4Grade Unit: %Intercept: 2 mView all details

Link to this fact

Identity

Hole ID: MUG26_076
Project: Green Bay
Commodity: copper
Region: canada_nl
Reported Region: canada_nl
Ticker: FFM

Geometry

Grade: 2.4
Grade Unit: %
Intercept: 2 m
True Width: 1 m
From: 168 m
To: 170 m
Hole Depth: 309 m
Intercept Depth: 168 m

Classification

Deposit Type: vms
Program: mixed
Sample Type: drill
Group ID: MUG26_076:168-170
Mining Method: underground

Location

Location: Lower Zone
Easting: 1111.5
Northing: 1412.4
CRS: local Ming Mine grid
Elevation: -666.2 m
Azimuth: 45 °
Dip: -42 °
Loc. Confidence: high
Loc. Source: document

QA/QC

Laboratory: Eastern Analytical
QA/QC Disclosed: Yes
QP Signed: Yes
QA/QC Methods: standards, blanks, duplicates, umpire

Metal Equivalent

Metal Eq. Grade: 3.5
Metal Eq. Unit: % CuEq
Assumptions Disclosed: Yes

Compositing

Cutoff Grade: 1
Cutoff Unit: %
Dilution Disclosed: Yes
Max Dilution: 6 m

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-08-03T00:00:00.000Z

Reasoning: This intercept shows a strong copper grade, but its very narrow width reduces its overall materiality.

Positive factors

Copper grade of 2.4% is at the strong threshold for VMS deposits.
True width of 1.0m disclosed.

Negative factors

Narrow intercept length of 2.0m.

Evidence · table

“2.4”

Context: 2.0 ~1.0 TW

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 1

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Green Bay (Ming Mine) Mineral Resource Development As of 30 June 2026, the Company had completed 197,714 metres of under"

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.