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FireFly Metals Ltd (ASXTSX: FFM) ( FireFly or the Firm ) is happy to announce the appointment of extremely regarded sources government and firm director Leanne Heywood as an Unbiased Non-Government Director.
Ms Heywood, who’s a Fellow of accounting physique CPA Australia, has vital expertise as a world government within the mining sector.
Most not too long ago, she held a senior worldwide copper advertising function with Rio Tinto Restricted and, previous to that, she was Chief Monetary Officer of a copper mine within the Rio Tinto portfolio.
Ms Heywood at the moment serves as a Non-Government Director of Deterra Royalties Restricted (ASX: DRR), Snowy Hydro Restricted, Lotus Sources Restricted (ASX: LOT), Superior Vitality Minerals, Denison Gasoline Restricted and The Royal Flying Physician Service of Australia (South Japanese Part).
She beforehand served as a Non-Government Director of MAC Copper Restricted earlier than its US$1.0 billion takeover by Concord Gold Mining Firm Restricted in October 2025, and served as Non-Government Director and Chair of the Audit Committee at Arcadium Lithium plc, previous to its acquisition by Rio Tinto in March 2025.
Ms Heywood was New South Wales Enterprise Lady of the 12 months in 2019 and in 2021 was awarded the Medal of the Order of Australia ( OAM ).
She holds an MBA from the College of Melbourne, is a Graduate of the Australian Institute of Firm Administrators ( GAICD ) and a Fellow of CPA Australia.
FireFly Non-Government Chairman, Kevin Tomlinson mentioned: “We’re delighted to welcome Leanne to the Board. Her wealth of expertise within the copper sector and in monetary administration will allow her to contribute priceless insights because the Firm continues to progress in the direction of turning into a copper and gold producer.
“Importantly, Leanne’s appointment additionally strengthens the independence and gender range of the Board, and appropriately enhances the Board’s composition following a interval of speedy progress and FireFly’s current addition to the S&P/ASX 300 Index.”
FireFly Managing Director, Steve Parsons mentioned: “Leanne will convey invaluable abilities and expertise to FireFly, significantly within the specialised space of copper advertising.
“With the copper-gold Mineral Useful resource persevering with to develop at our Inexperienced Bay Undertaking and financial research underway, Leanne is completely positioned to assist us put together for what can be an more and more essential side of our enterprise.”
| Steve Parsons Managing Director FireFly Metals Ltd +61 8 9220 9030 |
Jessie Liu-Ernsting Chief Growth Officer FireFly Metals Ltd +1 709 800 1929 |
Media Paul Armstrong Learn Company +61 8 9388 1474 |
ABOUT FIREFLY METALS
FireFly Metals Ltd (ASX, TSX: FFM) is an rising copper-gold firm targeted on advancing the high-grade Inexperienced Bay Copper-Gold Undertaking in Newfoundland, Canada. The Inexperienced Bay Copper-Gold Undertaking at the moment hosts a Mineral Useful resource ready and disclosed in accordance with the 2012 Version of the Australasian Code for Reporting of Exploration Outcomes, Mineral Sources and Ore Reserves ( JORC Code 2012 ) and Canadian Nationwide Instrument 43-101 – Requirements of Disclosure for Mineral Initiatives ( NI 43-101 ) of 24.4Mt of Measured and Indicated Sources at 1.9% for 460Kt CuEq and 34.5Mt of Inferred Sources at 2% for 690Kt CuEq . The Firm has a transparent technique to quickly develop the copper-gold Mineral Useful resource to reveal a globally vital copper-gold asset. FireFly has commenced a 130,000m diamond drilling program.
FireFly holds a 70% curiosity within the high-grade Pickle Crow Gold Undertaking in Ontario. The present Inferred Useful resource stands at 11.9Mt at 7.2g/t for two.8Moz gold , with distinctive discovery potential on the 500km 2 tenement holding.
The Firm additionally holds a 90% curiosity within the Limestone Nicely Vanadium-Titanium Undertaking in Western Australia.
For additional info relating to FireFly Metals Ltd please go to the ASX platform (ASX:FFM), the Firm’s web site www.fireflymetals.com.au or SEDAR+ at www.sedarplus.ca .
COMPLIANCE STATEMENTS
Mineral Sources Estimate – Inexperienced Bay Undertaking
The Mineral Useful resource Estimate for the Inexperienced Bay Undertaking referred to on this announcement and set out in Appendix A was first reported within the Firm’s ASX announcement dated 29 October 2024, titled “Useful resource will increase 42% to 1.2Mt of contained metallic at 2% Copper Eq” and can also be set out within the Technical Studies for the Ming Copper Gold Mine, titled “Nationwide Instrument 43-101 Technical Report, FireFly Metals Ltd., Ming Copper-Gold Undertaking, Newfoundland” with an efficient date of 29 November 2024 and the Little Deer Copper Undertaking, titled “Technical Report and Up to date Mineral Useful resource Estimate of the Little Deer Complicated Copper Deposits, Newfoundland, Canada” with an efficient date of 26 June 2024, every of which is accessible on SEDAR+ at www.sedarplus.ca .
The Firm confirms that it isn’t conscious of any new info or knowledge that materially impacts the knowledge included within the unique announcement and that each one materials assumptions and technical parameters underpinning the Mineral Useful resource Estimate within the unique announcement proceed to use and haven’t materially modified.
Mineral Sources Estimate – Pickle Crow Undertaking
The Mineral Useful resource Estimate for the Pickle Crow Undertaking referred to on this announcement was first reported within the Firm’s ASX announcement dated 4 Might 2023, titled “Excessive-Grade Inferred Gold Useful resource Grows to 2.8Moz at 7.2g/t” and can also be set out within the Technical Report for the Pickle Crow Undertaking, titled “NI 43-101 Technical Report Mineral Useful resource Estimate Pickle Crow Gold Undertaking, Ontario, Canada” with an efficient date of 29 November 2024, as amended on 11 June 2025, obtainable on SEDAR+ at www.sedarplus.ca.
The Firm confirms that it isn’t conscious of any new info or knowledge that materially impacts the knowledge included within the unique announcement and that each one materials assumptions and technical parameters underpinning the Mineral Useful resource Estimate within the unique announcement proceed to use and haven’t materially modified.
COMPETENT PERSON AND QUALIFIED PERSON STATEMENTS
All technical and scientific info on this announcement has been reviewed and permitted by Group Chief Geologist, Mr Juan Gutierrez BSc, Geology (Masters), Geostatistics (Postgraduate Diploma), who’s a Member and Chartered Skilled of the Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists. Mr Gutierrez is a Competent Individual as outlined within the JORC Code 2012 and a Certified Individual as outlined in NI 43-101. Mr Gutierrez is a full-time worker of FireFly Metals Ltd and holds securities in FireFly Metals Ltd. Mr Gutierrez has enough expertise that’s related to the type of mineralisation and sort of deposit into consideration and to the exercise being undertaken to qualify as a Competent Individual as outlined within the JORC Code 2012 and a Certified Individual as outlined in NI 43-101. Mr Gutierrez consents to the inclusion on this announcement of the issues primarily based on his info within the type and context through which it seems.
FORWARD-LOOKING INFORMATION
This announcement might comprise sure forward-looking statements and projections, together with statements relating to FireFly’s plans, forecasts and projections with respect to its mineral properties and packages. Ahead-looking statements could also be recognized by means of phrases equivalent to “might”, “would possibly”, “might”, “would”, “will”, “count on”, “intend”, “imagine”, “forecast”, “milestone”, “goal”, “predict”, “plan”, “scheduled”, “estimate”, “anticipate”, “proceed”, or different related phrases and should embrace, with out limitation, statements relating to plans, methods and aims.
Though the forward-looking statements contained on this announcement mirror administration’s present beliefs primarily based upon info at the moment obtainable to administration and primarily based upon what administration believes to be affordable assumptions, such forward-looking statements and projections are estimates solely and shouldn’t be relied upon. They aren’t ensures of future efficiency and contain identified and unknown dangers, uncertainties and different elements lots of that are past the management of the Firm, which can embrace modifications in commodity costs, international trade fluctuations, financial, social and political situations, and modifications to relevant regulation, and people dangers outlined within the Firm’s public disclosures.
The forward-looking statements and projections are inherently unsure and should due to this fact differ materially from outcomes in the end achieved. For instance, there could be no assurance that FireFly will be capable to affirm the presence of Mineral Sources or Ore Reserves, that FireFly’s plans for improvement of its mineral properties will proceed, that any mineralisation will show to be financial, or {that a} mine can be efficiently developed on any of FireFly’s mineral properties. The efficiency of FireFly could also be influenced by plenty of elements that are exterior of the management of the Firm, its administrators, officers, staff and contractors. The Firm doesn’t make any representations and offers no warranties regarding the accuracy of any forward-looking statements or projections, and disclaims any obligation to replace or revise any forward-looking statements or projections primarily based on new info, future occasions or circumstances or in any other case, besides to the extent required by relevant legal guidelines.
APPENDIX A
Inexperienced Bay Copper-Gold Undertaking Mineral Sources
Ming Deposit Mineral Useful resource Estimate
| TONNES | COPPER | GOLD | SILVER | CuEq | ||||
| (Mt) | Grade (%) |
Steel (‘000 t) |
Grade (g/t) |
Steel (‘000 oz) |
Grade (g/t) |
Steel (‘000 oz) |
Grade (%) |
|
| Measured | 4.7 | 1.7 | 80 | 0.3 | 40 | 2.3 | 340 | 1.9 |
| Indicated | 16.8 | 1.6 | 270 | 0.3 | 150 | 2.4 | 1,300 | 1.8 |
| TOTAL M&I | 21.5 | 1.6 | 340 | 0.3 | 190 | 2.4 | 1,600 | 1.8 |
| Inferred | 28.4 | 1.7 | 480 | 0.4 | 340 | 3.3 | 3,000 | 2.0 |
Little Deer Mineral Useful resource Estimate
| TONNES | COPPER | GOLD | SILVER | CuEq | ||||
| (Mt) | Grade (%) |
Steel (‘000 t) |
Grade (g/t) |
Steel (‘000 oz) |
Grade (g/t) |
Steel (‘000 oz) |
Grade (%) |
|
| Measured | – | – | – | – | – | – | – | – |
| Indicated | 2.9 | 2.1 | 62 | 0.1 | 9 | 3.4 | 320 | 2.3 |
| TOTAL M&I | 2.9 | 2.1 | 62 | 0.1 | 9 | 3.4 | 320 | 2.3 |
| Inferred | 6.2 | 1.8 | 110 | 0.1 | 10 | 2.2 | 430 | 1.8 |
GREEN BAY TOTAL MINERAL RESOURCE ESTIMATE
| TONNES | COPPER | GOLD | SILVER | CuEq | ||||
| (Mt) | Grade (%) |
Steel (‘000 t) |
Grade (g/t) |
Steel (‘000 oz) |
Grade (g/t) |
Steel (‘000 oz) |
Grade (%) |
|
| Measured | 4.7 | 1.7 | 80 | 0.3 | 45 | 2.3 | 340 | 1.9 |
| Indicated | 19.7 | 1.7 | 330 | 0.2 | 154 | 2.6 | 1,600 | 1.9 |
| TOTAL M&I | 24.4 | 1.7 | 400 | 0.3 | 199 | 2.5 | 2,000 | 1.9 |
| Inferred | 34.6 | 1.7 | 600 | 0.3 | 348 | 3.1 | 3,400 | 2.0 |
- Mineral Useful resource Estimates for the Inexperienced Bay Copper-Gold Undertaking, incorporating the Ming Deposit and Little Deer Complicated, are ready and reported in accordance with the JORC Code 2012 and NI 43-101.
- Mineral Sources have been reported at a 1.0% copper cut-off grade.
- Steel equivalents for the Mineral Useful resource Estimates have been calculated at a copper value of US$8,750/t, gold value of US$2,500/ouncesand silver value of US$25/oz. Metallurgical recoveries have been set at 95% for copper and 85% for each gold and silver. Copper equal was calculated primarily based on the system: CuEq(%) = Cu(%) + (Au(g/t) x 0.82190) + (Ag(g/t) x 0.00822).
- Totals might range as a result of rounding.
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