Overview

On 26 March 2024, FireFly announced a pivotal agreement with TSX Venture Exchange (TSX-V) listed Maritime Resources Corp (TSX-V: MAE) (Maritime) to secure valuable port access just 6km from the Green Bay Project.

This agreement secures uninterrupted port access through Maritime’s Point Rousse tenements to provide access to the Pine Cove Deep Water Port (Property) to transport and export up to 1Mt per year of mineral concentrate. The agreement also includes the right to construct storage and handling facilities on the Property. The port provides a much closer export facility than the Goodyear’s Cove Port that is currently available to Green Bay. It can receive Panamax Vessels (~50,000 tonnes) and includes a causeway, a barge offloading facility, access road and laydown facility.

Additional Ground

In March 2024, FireFly completed the acquisition of 169 square kilometres of additional ground adjacent to the Green Bay Project from Gold Hunter Resources Inc. (CNSX: HUNT) (Gold Hunter). See ASX announcements dated 26 March 2024 and 22 December 2023.

The Gold Hunter land acquisition cements the Company’s position as a dominant landholder in the highly prospective Baie Verte VMS mineral district of Newfoundland. Reviews of the historic targets and data are underway by the FireFly geological team, with new compelling copper-gold drilling targets announced on 22 August 2024.