FireFly Metals Ltd has reported encouraging early results from its maiden drilling campaign at the Green Bay Copper‑Gold Project in Canada. The company’s first two surface drill holes at the historical Rambler Main Mine returned high‑grade polymetallic intersections that extend the known mineralisation over 200 meters down plunge beyond past mining limits. The first drill hole intersected 10.0 meters of mineralisation grading 5.7 g/t gold, 1.3% copper, 1.7% zinc, and 20.9 g/t silver – equivalent to 6.4% copper equivalent – while the second hole returned 12.9 meters grading 4.2 g/t gold, 0.5% copper, 1.5% zinc and 10.9 g/t silver (4.3% copper equivalent). Both holes approximate true thickness, reinforcing the outlook that the Rambler Main deposit shares key similarities with the company’s flagship Ming Mine located less than 2 km away. The two deposits form parts of the same large‐scale, Volcanogenic Massive Sulphide (VMS) system along the rhyolite–basalt contact, although Rambler Main is noted for its gold dominance. The striking drill results suggest the possibility of uncovering a resource on a similar scale to the historic Ming Mine, which has been a cornerstone of the project’s current Mineral Resource Estimate. With measured and indicated resources at 24.4Mt grading 1.9% copper equivalent and inferred resources of 34.5Mt at 2.0% copper equivalent, the Green Bay Project’s potential is supported by the new discovery and ongoing drilling initiatives. FireFly Metals Ltd’s exploration regime now extends to additional areas including historical East Mine, and further deep step‑out drilling is underway at Rambler Main to test for deeper extensions of the high‑grade mineralisation. The broader exploration effort benefits from a substantial portfolio of 311 km² of exploration claims and the strategic use of six drilling rigs – with another underground rig en route – designed to expand the resource base rapidly. The company’s technical program is underpinned by robust methodologies. Drill intercepts have been calculated using a copper equivalent formula based on commodity prices of US$8,750 per tonne for copper, US$2,500 per ounce for gold, US$25 per ounce for silver and US$2,500 per tonne for zinc, and metallurgical recoveries of 95% for copper, 85% for precious metals and 50% for zinc. This consistency in data reporting, along with historical records from previous mining between 1964 and 1967 at Rambler Main Mine, lend further credibility to the high‐grade results now being returned from the new drilling campaign. Market sentiment could see bullish reactions from investors as these early drilling results introduce the possibility for another flagship discovery akin to the Ming Mine. The step‑out drilling not only reveals substantial near‑surface high‑grade zones but also reinforces the overall camp‑scale potential of the project. With strong liquidity of approximately A$68.5 million and a well‐funded growth strategy, FireFly Metals Ltd appears well positioned to advance the resource base and potentially unlock significant value. However, some caution is also warranted. Despite the impressive initial drill results, the project remains in the exploration phase and will require further drilling, resource upgrades, and economic studies to confirm its full potential. Additionally, execution risks inherent to early-stage resource projects, such as drilling uncertainties and commodity price volatility, may temper immediate market enthusiasm. Overall, while the current findings invigorate the growth narrative, the coming months will be critical in determining the ultimate scale and economic viability of the Green Bay Copper‑Gold Project.