# FireFly announces successful A$190m capital raising to fund development and resource growth Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054 Original source: https://www.globenewswire.com/news-release/2026/08/26/3351065/0/en/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-resource-growth.html Publisher: globenewswire Original announcement: 2026-08-26T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: FireFly Metals Ltd - Ticker: FFM - Exchange: Unavailable - Region: Newfoundland, Canada - Primary commodity: Copper - Secondary commodities: Gold, Silver - Document categories: Resource update, Capital raise - Extracted: 2026-09-12 01:52:50 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary FireFly Metals Ltd successfully completed a A$190 million capital raise, strongly supported by institutional investors, to fund the development and resource growth of its Green Bay Copper-Gold Project. The funds will advance early works, long-lead items, and feasibility studies, alongside an aggressive exploration program. The project is underpinned by a significant 60.2 Mt Measured and Indicated Mineral Resource at 1.9% copper and 0.5 g/t gold, with disclosed metal equivalent assumptions. Reasoning: FireFly Metals successfully raised A$190 million to advance its Green Bay Copper-Gold Project, supported by a robust and compliant resource estimate, indicating strong market confidence and clear development pathway. - Positive factor: Successful capital raise with strong institutional support - Positive factor: Funds allocated for project development and resource growth - Positive factor: Significant Measured and Indicated resource base for Green Bay Project - Positive factor: Resource estimate compliant with JORC and NI 43-101 standards - Positive factor: Metal equivalent assumptions and cut-off grade clearly disclosed - Negative factor: Little Deer resource estimate is stale, effective date over two years old Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 47 ## Classification and evidence **Capital Raise** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The document announces a successful A$190m capital raising. Evidence · text > FireFly announces successful A$190m capital raising **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document includes detailed Mineral Resource Estimates for the Green Bay Copper-Gold Project. Evidence · text > Mineral Resource Estimate – Green Bay Project **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: The Mineral Resource Estimates are prepared and reported in accordance with the JORC Code 2012. Evidence · text > JORC Code \(2012 Edition\) **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The Mineral Resource Estimates are prepared and reported in accordance with Canadian National Instrument 43-101. Evidence · text > Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects \( NI 43-101 \) **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Mr Juan Gutierrez, Group Chief Geologist, is named as a Competent Person and Qualified Person responsible for the technical information. Evidence · text > Mr Juan Gutierrez BSc, Geology \(Masters\), Geostatistics \(Postgraduate Diploma\), who is a Member and Chartered Professional of the Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists. Mr Gutierrez is a Competent Person as defined in the JORC Code 2012 and a Qualified Person as defined in NI 43-101. **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: Mineral Resources have been reported at a 1.0% copper cut-off grade. Evidence · text > Mineral Resources have been reported at a 1.0% copper cut-off grade. **Metal Equivalent Opaque** Polarity: negative Story-specific tag Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent. Why it applies: Metal equivalent assumptions are clearly disclosed, including commodity prices and metallurgical recoveries. Evidence · text > Metal equivalents for the Mineral Resource Estimates have been calculated at a copper price of US$10,626/t, gold price of US$3,587/oz and silver price of US$50.22/oz. Individual Mineral Resource grades for the metals are set out in Appendix A of this announcement. Metallurgical factors have been applied to the metal equivalent calculation. Copper recovery used was 95%. Historical production at the Ming Mine has a documented copper recovery of ~96%. Precious metal \(gold and silver\) metallurgical recovery was assumed at 85% on the basis of historical recoveries achieved at the Ming Mine in addition to historical metallurgical test work to increase precious metal recoveries. **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: The Little Deer Mineral Resource Estimate has an effective date of 26 June 2024, making it over two years old in the context of this August 2026 announcement. Evidence · text > with an effective date of 26 June 2024 ## Extracted facts Stored fact records: 44. Some facts used in scoring do not have a stored record. ## Resource Estimates (44) ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-3) Green Bay Copper-Gold Project · copper #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:83c55716b48e62447bbe - Deposit or zone: Ming Deposit - Mining method: underground #### Resource Data - Category: measured - Tonnes: 3500000 - Grade: 1.5 - Grade Unit: % - Contained Metal: 52 - Contained Unit: kt - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Measured resource provides high confidence for project planning with a good copper grade. - Positive factor: High confidence resource category - Positive factor: Good copper grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 1.5 Context: 3.5 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-4) Green Bay Copper-Gold Project · gold #### Identity - Project: Green Bay Copper-Gold Project - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:83c55716b48e62447bbe - Deposit or zone: Ming Deposit - Mining method: underground #### Resource Data - Category: measured - Tonnes: 3500000 - Grade: 0.2 - Grade Unit: g/t - Contained Metal: 20 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Measured resource provides high confidence for project planning, with gold as a secondary commodity. - Positive factor: High confidence resource category - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 0.2 Context: 3.5 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-5) Green Bay Copper-Gold Project · silver #### Identity - Project: Green Bay Copper-Gold Project - Commodity: silver - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:83c55716b48e62447bbe - Deposit or zone: Ming Deposit - Mining method: underground #### Resource Data - Category: measured - Tonnes: 3500000 - Grade: 1.3 - Grade Unit: g/t - Contained Metal: 147 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Measured resource provides high confidence for project planning, with silver as a secondary commodity. - Positive factor: High confidence resource category - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 1.3 Context: 3.5 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-6) Green Bay Copper-Gold Project · copper #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:83c55716b48e62447bbe - Deposit or zone: Ming Deposit - Mining method: underground #### Resource Data - Category: measured - Tonnes: 3500000 - Grade: 1.7 - Grade Unit: % - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Measured resource provides high confidence for project planning with a good copper equivalent grade. - Positive factor: High confidence resource category - Positive factor: Good copper equivalent grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 1.7 Context: 3.5 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-7) Green Bay Copper-Gold Project · copper #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:17df5ffcf151713994eb - Deposit or zone: Ming Deposit - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 53800000 - Grade: 1.9 - Grade Unit: % - Contained Metal: 1041 - Contained Unit: kt - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Indicated resource provides a strong basis for economic studies with significant copper tonnage and good grade. - Positive factor: Significant indicated resource tonnage - Positive factor: Good copper grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 1.9 Context: 53.8 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-8) Green Bay Copper-Gold Project · gold #### Identity - Project: Green Bay Copper-Gold Project - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:17df5ffcf151713994eb - Deposit or zone: Ming Deposit - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 53800000 - Grade: 0.5 - Grade Unit: g/t - Contained Metal: 878 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Indicated resource provides a strong basis for economic studies, with gold as a significant secondary commodity. - Positive factor: Significant indicated resource tonnage - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 0.5 Context: 53.8 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-9) Green Bay Copper-Gold Project · silver #### Identity - Project: Green Bay Copper-Gold Project - Commodity: silver - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:17df5ffcf151713994eb - Deposit or zone: Ming Deposit - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 53800000 - Grade: 4.5 - Grade Unit: g/t - Contained Metal: 7707 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Indicated resource provides a strong basis for economic studies, with silver as a significant secondary commodity. - Positive factor: Significant indicated resource tonnage - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 4.5 Context: 53.8 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-10) Green Bay Copper-Gold Project · copper #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:17df5ffcf151713994eb - Deposit or zone: Ming Deposit - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 53800000 - Grade: 2.5 - Grade Unit: % - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Indicated resource provides a strong basis for economic studies with a high copper equivalent grade. - Positive factor: Significant indicated resource tonnage - Positive factor: Good copper equivalent grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 2.5 Context: 53.8 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-11) Green Bay Copper-Gold Project · copper #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:d35cc8217704d3216249 - Deposit or zone: Ming Deposit - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 57300000 - Grade: 1.9 - Grade Unit: % - Contained Metal: 1093 - Contained Unit: kt - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Total Measured and Indicated resource provides a robust foundation for project development with significant copper tonnage. - Positive factor: Significant Measured and Indicated resource tonnage - Positive factor: Good copper grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 1.9 Context: 57.3 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-12) Green Bay Copper-Gold Project · gold #### Identity - Project: Green Bay Copper-Gold Project - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:d35cc8217704d3216249 - Deposit or zone: Ming Deposit - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 57300000 - Grade: 0.5 - Grade Unit: g/t - Contained Metal: 899 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Total Measured and Indicated resource provides a robust foundation for project development, with gold as a significant secondary commodity. - Positive factor: Significant Measured and Indicated resource tonnage - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 0.5 Context: 57.3 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-13) Green Bay Copper-Gold Project · silver #### Identity - Project: Green Bay Copper-Gold Project - Commodity: silver - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:d35cc8217704d3216249 - Deposit or zone: Ming Deposit - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 57300000 - Grade: 4.3 - Grade Unit: g/t - Contained Metal: 7853 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Total Measured and Indicated resource provides a robust foundation for project development, with silver as a significant secondary commodity. - Positive factor: Significant Measured and Indicated resource tonnage - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 4.3 Context: 57.3 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-14) Green Bay Copper-Gold Project · copper #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:d35cc8217704d3216249 - Deposit or zone: Ming Deposit - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 57300000 - Grade: 2.4 - Grade Unit: % - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Total Measured and Indicated resource provides a robust foundation for project development with a high copper equivalent grade. - Positive factor: Significant Measured and Indicated resource tonnage - Positive factor: Good copper equivalent grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 2.4 Context: 57.3 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-15) Green Bay Copper-Gold Project · copper #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:eda4b3a7768975a28ce6 - Deposit or zone: Ming Deposit - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 17300000 - Grade: 2 - Grade Unit: % - Contained Metal: 344 - Contained Unit: kt - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Inferred resource indicates potential for future growth but requires further drilling to upgrade confidence. - Positive factor: Good copper grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed - Negative factor: Lower confidence resource category Evidence · table > 2.0 Context: 17.3 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-16) Green Bay Copper-Gold Project · gold #### Identity - Project: Green Bay Copper-Gold Project - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:eda4b3a7768975a28ce6 - Deposit or zone: Ming Deposit - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 17300000 - Grade: 0.7 - Grade Unit: g/t - Contained Metal: 404 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Inferred resource indicates potential for future growth, with gold as a secondary commodity, but requires further drilling. - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed - Negative factor: Lower confidence resource category Evidence · table > 0.7 Context: 17.3 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-17) Green Bay Copper-Gold Project · silver #### Identity - Project: Green Bay Copper-Gold Project - Commodity: silver - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:eda4b3a7768975a28ce6 - Deposit or zone: Ming Deposit - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 17300000 - Grade: 6.3 - Grade Unit: g/t - Contained Metal: 3522 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Inferred resource indicates potential for future growth, with silver as a secondary commodity, but requires further drilling. - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed - Negative factor: Lower confidence resource category Evidence · table > 6.3 Context: 17.3 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-18) Green Bay Copper-Gold Project · copper #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:eda4b3a7768975a28ce6 - Deposit or zone: Ming Deposit - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 17300000 - Grade: 2.8 - Grade Unit: % - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Inferred resource indicates potential for future growth with a high copper equivalent grade, but requires further drilling. - Positive factor: Good copper equivalent grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed - Negative factor: Lower confidence resource category Evidence · table > 2.8 Context: 17.3 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-19) Green Bay Copper-Gold Project · copper Historical result Needs review: historical\_restatement #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:4e19572cc173f535c73c - Deposit or zone: Little Deer #### Resource Data - Category: indicated - Tonnes: 2900000 - Grade: 2.1 - Grade Unit: % - Contained Metal: 62 - Contained Unit: kt - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2024-06-26 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-10-29T00:00:00.000Z #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Indicated resource for Little Deer is historical and requires an update to reflect current geological understanding and market conditions. - Positive factor: Good copper grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed - Negative factor: Stale estimate \(effective date >2 years old\) Evidence · table > 2.1 Context: 2.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.2 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-20) Green Bay Copper-Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Green Bay Copper-Gold Project - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:4e19572cc173f535c73c - Deposit or zone: Little Deer #### Resource Data - Category: indicated - Tonnes: 2900000 - Grade: 0.1 - Grade Unit: g/t - Contained Metal: 9 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2024-06-26 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-10-29T00:00:00.000Z #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Indicated resource for Little Deer is historical and requires an update, with gold as a minor secondary commodity. - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed - Negative factor: Stale estimate \(effective date >2 years old\) Evidence · table > 0.1 Context: 2.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.2 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-21) Green Bay Copper-Gold Project · silver Historical result Needs review: historical\_restatement #### Identity - Project: Green Bay Copper-Gold Project - Commodity: silver - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:4e19572cc173f535c73c - Deposit or zone: Little Deer #### Resource Data - Category: indicated - Tonnes: 2900000 - Grade: 3.4 - Grade Unit: g/t - Contained Metal: 320 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2024-06-26 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-10-29T00:00:00.000Z #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Indicated resource for Little Deer is historical and requires an update, with silver as a minor secondary commodity. - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed - Negative factor: Stale estimate \(effective date >2 years old\) Evidence · table > 3.4 Context: 2.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.2 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-22) Green Bay Copper-Gold Project · copper Historical result Needs review: historical\_restatement #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:4e19572cc173f535c73c - Deposit or zone: Little Deer #### Resource Data - Category: indicated - Tonnes: 2900000 - Grade: 2.3 - Grade Unit: % - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2024-06-26 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-10-29T00:00:00.000Z #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Indicated resource for Little Deer is historical and requires an update to reflect current geological understanding and market conditions. - Positive factor: Good copper equivalent grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed - Negative factor: Stale estimate \(effective date >2 years old\) Evidence · table > 2.3 Context: 2.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.2 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-23) Green Bay Copper-Gold Project · copper Historical result Needs review: historical\_restatement #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:4e19572cc173f535c73c - Deposit or zone: Little Deer #### Resource Data - Category: indicated - Tonnes: 2900000 - Grade: 2.1 - Grade Unit: % - Contained Metal: 62 - Contained Unit: kt - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2024-06-26 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-10-29T00:00:00.000Z #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Total Measured and Indicated resource for Little Deer is historical and requires an update to reflect current geological understanding and market conditions. - Positive factor: Good copper grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed - Negative factor: Stale estimate \(effective date >2 years old\) Evidence · table > 2.1 Context: 2.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.2 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-24) Green Bay Copper-Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Green Bay Copper-Gold Project - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:4e19572cc173f535c73c - Deposit or zone: Little Deer #### Resource Data - Category: indicated - Tonnes: 2900000 - Grade: 0.1 - Grade Unit: g/t - Contained Metal: 9 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2024-06-26 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-10-29T00:00:00.000Z #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Total Measured and Indicated resource for Little Deer is historical and requires an update, with gold as a minor secondary commodity. - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed - Negative factor: Stale estimate \(effective date >2 years old\) Evidence · table > 0.1 Context: 2.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.2 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-25) Green Bay Copper-Gold Project · silver Historical result Needs review: historical\_restatement #### Identity - Project: Green Bay Copper-Gold Project - Commodity: silver - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:4e19572cc173f535c73c - Deposit or zone: Little Deer #### Resource Data - Category: indicated - Tonnes: 2900000 - Grade: 3.4 - Grade Unit: g/t - Contained Metal: 320 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2024-06-26 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-10-29T00:00:00.000Z #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Total Measured and Indicated resource for Little Deer is historical and requires an update, with silver as a minor secondary commodity. - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed - Negative factor: Stale estimate \(effective date >2 years old\) Evidence · table > 3.4 Context: 2.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.2 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-26) Green Bay Copper-Gold Project · copper Historical result Needs review: historical\_restatement #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:4e19572cc173f535c73c - Deposit or zone: Little Deer #### Resource Data - Category: indicated - Tonnes: 2900000 - Grade: 2.3 - Grade Unit: % - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2024-06-26 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-10-29T00:00:00.000Z #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Total Measured and Indicated resource for Little Deer is historical and requires an update to reflect current geological understanding and market conditions. - Positive factor: Good copper equivalent grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed - Negative factor: Stale estimate \(effective date >2 years old\) Evidence · table > 2.3 Context: 2.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.2 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-27) Green Bay Copper-Gold Project · copper Historical result Needs review: historical\_restatement #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:d1890ced604198b53ff8 - Deposit or zone: Little Deer #### Resource Data - Category: inferred - Tonnes: 6200000 - Grade: 1.8 - Grade Unit: % - Contained Metal: 110 - Contained Unit: kt - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2024-06-26 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-10-29T00:00:00.000Z #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Inferred resource for Little Deer is historical and requires further drilling and an update to improve confidence. - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed - Negative factor: Lower confidence resource category - Negative factor: Stale estimate \(effective date >2 years old\) Evidence · table > 1.8 Context: 6.2 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.2 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-28) Green Bay Copper-Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Green Bay Copper-Gold Project - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:d1890ced604198b53ff8 - Deposit or zone: Little Deer #### Resource Data - Category: inferred - Tonnes: 6200000 - Grade: 0.1 - Grade Unit: g/t - Contained Metal: 10 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2024-06-26 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-10-29T00:00:00.000Z #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Inferred resource for Little Deer is historical and requires further drilling and an update, with gold as a minor secondary commodity. - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed - Negative factor: Lower confidence resource category - Negative factor: Stale estimate \(effective date >2 years old\) Evidence · table > 0.1 Context: 6.2 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.2 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-29) Green Bay Copper-Gold Project · silver Historical result Needs review: historical\_restatement #### Identity - Project: Green Bay Copper-Gold Project - Commodity: silver - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:d1890ced604198b53ff8 - Deposit or zone: Little Deer #### Resource Data - Category: inferred - Tonnes: 6200000 - Grade: 2.2 - Grade Unit: g/t - Contained Metal: 430 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2024-06-26 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-10-29T00:00:00.000Z #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Inferred resource for Little Deer is historical and requires further drilling and an update, with silver as a minor secondary commodity. - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed - Negative factor: Lower confidence resource category - Negative factor: Stale estimate \(effective date >2 years old\) Evidence · table > 2.2 Context: 6.2 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.2 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-30) Green Bay Copper-Gold Project · copper Historical result Needs review: historical\_restatement #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:d1890ced604198b53ff8 - Deposit or zone: Little Deer #### Resource Data - Category: inferred - Tonnes: 6200000 - Grade: 1.8 - Grade Unit: % - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2024-06-26 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-10-29T00:00:00.000Z #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Inferred resource for Little Deer is historical and requires further drilling and an update to improve confidence. - Positive factor: Good copper equivalent grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed - Negative factor: Lower confidence resource category - Negative factor: Stale estimate \(effective date >2 years old\) Evidence · table > 1.8 Context: 6.2 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.2 years before this release ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-31) Green Bay Copper-Gold Project · copper #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:6587afeb838c45854c33 - Deposit or zone: GREEN BAY TOTAL - Mining method: underground #### Resource Data - Category: measured - Tonnes: 3500000 - Grade: 1.5 - Grade Unit: % - Contained Metal: 52 - Contained Unit: kt - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Measured resource for the overall Green Bay Project provides high confidence for project planning with a good copper grade. - Positive factor: High confidence resource category - Positive factor: Good copper grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 1.5 Context: 3.5 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-32) Green Bay Copper-Gold Project · gold #### Identity - Project: Green Bay Copper-Gold Project - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:6587afeb838c45854c33 - Deposit or zone: GREEN BAY TOTAL - Mining method: underground #### Resource Data - Category: measured - Tonnes: 3500000 - Grade: 0.2 - Grade Unit: g/t - Contained Metal: 20 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Measured resource for the overall Green Bay Project provides high confidence for project planning, with gold as a secondary commodity. - Positive factor: High confidence resource category - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 0.2 Context: 3.5 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-33) Green Bay Copper-Gold Project · silver #### Identity - Project: Green Bay Copper-Gold Project - Commodity: silver - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:6587afeb838c45854c33 - Deposit or zone: GREEN BAY TOTAL - Mining method: underground #### Resource Data - Category: measured - Tonnes: 3500000 - Grade: 1.3 - Grade Unit: g/t - Contained Metal: 147 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Measured resource for the overall Green Bay Project provides high confidence for project planning, with silver as a secondary commodity. - Positive factor: High confidence resource category - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 1.3 Context: 3.5 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-34) Green Bay Copper-Gold Project · copper #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:6587afeb838c45854c33 - Deposit or zone: GREEN BAY TOTAL - Mining method: underground #### Resource Data - Category: measured - Tonnes: 3500000 - Grade: 1.7 - Grade Unit: % - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Measured resource for the overall Green Bay Project provides high confidence for project planning with a good copper equivalent grade. - Positive factor: High confidence resource category - Positive factor: Good copper equivalent grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 1.7 Context: 3.5 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-35) Green Bay Copper-Gold Project · copper #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:841f7cd2903909377272 - Deposit or zone: GREEN BAY TOTAL - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 56700000 - Grade: 1.9 - Grade Unit: % - Contained Metal: 1103 - Contained Unit: kt - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Indicated resource for the overall Green Bay Project provides a strong basis for economic studies with significant copper tonnage and good grade. - Positive factor: Significant indicated resource tonnage - Positive factor: Good copper grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 1.9 Context: 56.7 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-36) Green Bay Copper-Gold Project · gold #### Identity - Project: Green Bay Copper-Gold Project - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:841f7cd2903909377272 - Deposit or zone: GREEN BAY TOTAL - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 56700000 - Grade: 0.5 - Grade Unit: g/t - Contained Metal: 887 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Indicated resource for the overall Green Bay Project provides a strong basis for economic studies, with gold as a significant secondary commodity. - Positive factor: Significant indicated resource tonnage - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 0.5 Context: 56.7 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-37) Green Bay Copper-Gold Project · silver #### Identity - Project: Green Bay Copper-Gold Project - Commodity: silver - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:841f7cd2903909377272 - Deposit or zone: GREEN BAY TOTAL - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 56700000 - Grade: 4.4 - Grade Unit: g/t - Contained Metal: 8027 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Indicated resource for the overall Green Bay Project provides a strong basis for economic studies, with silver as a significant secondary commodity. - Positive factor: Significant indicated resource tonnage - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 4.4 Context: 56.7 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-38) Green Bay Copper-Gold Project · copper #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:841f7cd2903909377272 - Deposit or zone: GREEN BAY TOTAL - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 56700000 - Grade: 2.5 - Grade Unit: % - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Indicated resource for the overall Green Bay Project provides a strong basis for economic studies with a high copper equivalent grade. - Positive factor: Significant indicated resource tonnage - Positive factor: Good copper equivalent grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 2.5 Context: 56.7 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-39) Green Bay Copper-Gold Project · copper #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:65f1e20595a3a58149cf - Deposit or zone: GREEN BAY TOTAL - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 60200000 - Grade: 1.9 - Grade Unit: % - Contained Metal: 1155 - Contained Unit: kt - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Total Measured and Indicated resource for the overall Green Bay Project provides a robust foundation for project development with significant copper tonnage. - Positive factor: Significant Measured and Indicated resource tonnage - Positive factor: Good copper grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 1.9 Context: 60.2 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-40) Green Bay Copper-Gold Project · gold #### Identity - Project: Green Bay Copper-Gold Project - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:65f1e20595a3a58149cf - Deposit or zone: GREEN BAY TOTAL - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 60200000 - Grade: 0.5 - Grade Unit: g/t - Contained Metal: 908 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Total Measured and Indicated resource for the overall Green Bay Project provides a robust foundation for project development, with gold as a significant secondary commodity. - Positive factor: Significant Measured and Indicated resource tonnage - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 0.5 Context: 60.2 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-41) Green Bay Copper-Gold Project · silver #### Identity - Project: Green Bay Copper-Gold Project - Commodity: silver - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:65f1e20595a3a58149cf - Deposit or zone: GREEN BAY TOTAL - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 60200000 - Grade: 4.2 - Grade Unit: g/t - Contained Metal: 8173 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Total Measured and Indicated resource for the overall Green Bay Project provides a robust foundation for project development, with silver as a significant secondary commodity. - Positive factor: Significant Measured and Indicated resource tonnage - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 4.2 Context: 60.2 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-42) Green Bay Copper-Gold Project · copper #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:65f1e20595a3a58149cf - Deposit or zone: GREEN BAY TOTAL - Mining method: underground #### Resource Data - Category: indicated - Tonnes: 60200000 - Grade: 2.4 - Grade Unit: % - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Total Measured and Indicated resource for the overall Green Bay Project provides a robust foundation for project development with a high copper equivalent grade. - Positive factor: Significant Measured and Indicated resource tonnage - Positive factor: Good copper equivalent grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed Evidence · table > 2.4 Context: 60.2 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-43) Green Bay Copper-Gold Project · copper #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:83a58a9a89d58f3e1d49 - Deposit or zone: GREEN BAY TOTAL - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 23500000 - Grade: 1.9 - Grade Unit: % - Contained Metal: 454 - Contained Unit: kt - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Inferred resource for the overall Green Bay Project indicates potential for future growth but requires further drilling to upgrade confidence. - Positive factor: Good copper grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed - Negative factor: Lower confidence resource category Evidence · table > 1.9 Context: 23.5 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-44) Green Bay Copper-Gold Project · gold #### Identity - Project: Green Bay Copper-Gold Project - Commodity: gold - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:83a58a9a89d58f3e1d49 - Deposit or zone: GREEN BAY TOTAL - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 23500000 - Grade: 0.6 - Grade Unit: g/t - Contained Metal: 414 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Inferred resource for the overall Green Bay Project indicates potential for future growth, with gold as a secondary commodity, but requires further drilling. - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed - Negative factor: Lower confidence resource category Evidence · table > 0.6 Context: 23.5 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-45) Green Bay Copper-Gold Project · silver #### Identity - Project: Green Bay Copper-Gold Project - Commodity: silver - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:83a58a9a89d58f3e1d49 - Deposit or zone: GREEN BAY TOTAL - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 23500000 - Grade: 5.2 - Grade Unit: g/t - Contained Metal: 3952 - Contained Unit: koz - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Inferred resource for the overall Green Bay Project indicates potential for future growth, with silver as a secondary commodity, but requires further drilling. - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed - Negative factor: Lower confidence resource category Evidence · table > 5.2 Context: 23.5 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/firefly-announces-successful-a-190m-capital-raising-to-fund-development-and-reso--203013a8-00a3-4960-8bc9-89a4b3faf054#fact-resource-facts-46) Green Bay Copper-Gold Project · copper #### Identity - Project: Green Bay Copper-Gold Project - Commodity: copper - Region: canada\_nl - Reported Region: Newfoundland, Canada - Ticker: FFM #### Resource scope - Estimate type: resource - Effective date: 2024-06-26T00:00:00.000Z - Reporting standards: jorc, ni\_43\_101 - QP Signed: Yes - Qualified person names: Mr Juan Gutierrez - Resource group id: resource:83a58a9a89d58f3e1d49 - Deposit or zone: GREEN BAY TOTAL - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 23500000 - Grade: 2.5 - Grade Unit: % - Cutoff Grade: 1 - Cutoff Unit: % Cu #### Prior Estimate - Resource Date: 2026-07-01 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Inferred resource for the overall Green Bay Project indicates potential for future growth with a high copper equivalent grade, but requires further drilling. - Positive factor: Good copper equivalent grade - Positive factor: QP/CP signed - Positive factor: JORC and NI 43-101 compliant - Positive factor: Metal equivalent assumptions disclosed - Positive factor: Cut-off grade disclosed - Negative factor: Lower confidence resource category Evidence · table > 2.5 Context: 23.5 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## 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.