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FireFly discovers high-grade copper-gold VMS system at Mount Joy, boosting Green Bay project potential

Market News
27 Oct 2026, 01:52 WIB
GlobeNewsWire
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Bullish
FireFly discovers high-grade copper-gold VMS system at Mount Joy, boosting Green Bay project potential

FireFly Metals has made a significant discovery of a high-grade copper-gold volcanogenic massive sulphide (VMS) system at the Mount Joy prospect, near Tilt Cove in Newfoundland, Canada. The initial drilling intersected 22.5 meters at 2.5% copper equivalent, with follow-up drilling showing up to 40 meters of sulphide mineralisation. This discovery, located close to FireFly's existing Nugget Pond processing facility and 35 km from the Ming Mine, highlights strong exploration potential in the Green Bay project area. FireFly plans further drilling and resource estimates, with an updated Mineral Resource Estimate and Feasibility Study expected in early 2027, aiming for a Final Investment Decision by mid-2027.

FireFly Metals' recent copper-gold discovery is presented here with Pluang's Basic Materials sector data as of Oct 27, 2026 05:31 WIB: of 83 priced US stocks, 44 rose and 38 fell. Notable movers include CLMT at USD 52.27 with a 6.01% gain and 100% sell order activity, ALM at USD 9.31 up 5.14%, and MT at USD 60.25 down 5.07% with 100% buy order activity. The most notable figure is CLMT's 6.01% price increase.

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