[paid] Firefly Metals - Fast Track to Copper-Gold Production and district-wide Discovery

Aggressive fund raising backs rapid consolidation of VMS camp and accelerated development of Ming Mine and regional satellite target deposits.

Resourceful Insights is intent on expanding our coverage further into profiling more copper oriented developers and explorers - in this article we offer our initial profile for Firefly Metals (TSVX - FFM, OTC - MNXMF) quoted on 17Jul’25 at US$ 0.72

Firefly Metals may have snatched 'Victory from the Jaws of Defeat”

• acquired the Green Bay project out of the Rambler Metals bankruptcy at distressed pricing which included the:

  • permitted Ming copper-gold mine

  • permitted Nugget Pond milling circuit

• focused new development investment to rapidly enlarge the Ming Mine resource

  • doubling to 8 active drills in 2024 extending mine 750 meters down plunge

  • achieving 42% gain in its copper equivalent resource vs 2023 baseline

    • high-grade upper VMS lens

    • broad lower foot wall resource ( pink ) amenable for bulk mining

• Consolidated regional land prospective for copper-gold VMS deposits

  • acquired property surrounding the Ming mine from Gold Hunter

  • acquired Tilt Cove property from Signal Gold

Gaining control of the the Gold Hunter and Tilt Cove land acquisitions cemented Firefly’s position as the semi-dominant landholder in the highly prospective Green Bay VMS copper-gold district on the Baie Verte Peninsula of Newfoundland.

Firefly has consolidated ownership of the land to explore, is fast tracking enlargement of the already permitted Ming mine, and has broader potential to achieve a multi-mine “hub and spoke” production model in the Green Bay VMS copper-gold camp, luckily timed, as copper prices rise along with the price of gold.

Firefly may be on the verge of a breakout as its merits become better recognized…