Firefly Resources (ASX: FFR) is a focused ASX-listed gold exploration company with a portfolio of emerging projects located in some of Western Australia’s premier mining and exploration jurisdictions.
In June 2020, Firefly completed the landmark acquisition of the Yalgoo Gold Project in Western Australia, delivering a significant gold resource inventory with outstanding growth potential.
Yalgoo is located in a Tier-1 mining district, lying between Ramelius Resources’ 6Moz Mt Magnet gold mine and Silver Lake Resources’ Deflector copper-gold mine (2.2Mt @ 0.6% Cu + 0.8Moz @ 11.4g/t Au).
The other key asset in Firefly’s portfolio is an extensive exploration package covering a total area of ~1,000 square kilometres in the Forrestania Greenstone Belt in Western Australia which, as a geological and structural host, has produced more than 10 million ounces of high-grade gold from several open-pit and underground mines.
The greenstone rocks of the Forrestania belt have also produced many thousands of tonnes of nickel metal and also host the more recently discovered world-class Earl Grey lithium-pegmatite deposit, now owned by Wesfarmers Ltd and SQM.
