FireFly Metals (ASX, TSX: FFM) reported a new copper-gold VMS system at the Mount Joy prospect within its Green Bay project in Newfoundland, Canada, near the historic Tilt Cove district. Hole FFR26-071 intersected 22.5m at 2.5% CuEq from 109m, including 9.0m at 3.9% CuEq, while follow-up hole FFR26-076 hit about 40m of semi-massive sulphides, with assays pending. Mount Joy lies about 35km from the Ming Mine and 2.6km from the Nugget Pond mill, which is on care and maintenance. The company plans an updated Mineral Resource Estimate and Feasibility Study next quarter, ahead of a Final Investment Decision expected in mid-2027, and had about A$368 million in cash and liquid investments as at 31 July 2026 (unaudited).
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XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/26/2026 | 4,017.27 |
| Change that session | +0.54% |
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