View Financial HealthFireFly Metals 配当と自社株買い配当金 基準チェック /06FireFly Metals配当を支払う会社であり、現在の利回りは2.47%です。主要情報2.5%配当利回り-18.8%バイバック利回り総株主利回り-18.8%将来の配当利回り0%配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向n/a最近の配当と自社株買いの更新更新なしすべての更新を表示Recent updatesライブニュース • May 17FireFly Metals Completes Gold Asset Sale Shifts Focus to Green Bay Copper ExpansionFireFly Metals has completed the sale of its Ontario gold assets, shifting its focus to copper-gold development at the Green Bay project in Newfoundland, Canada. The company is running a large-scale drilling program at Green Bay, with drilling results that include high-grade copper intercepts. Management is targeting a resource update and economic assessment for Green Bay around mid-2026, while technical analysis points to a large reversal base forming in the stock. This move to a pure-play copper focus concentrates the story on the exploration and development progress at Green Bay, so your attention naturally centers on how drilling results and future studies evolve. The combination of an intensive drill campaign and a defined timetable for technical studies also raises execution risks, including permitting, funding and project delivery, which are important to weigh alongside the technical chart setup.お知らせ • Feb 11Dart Mining NL (ASX:DTM) acquired Skarn Ridge Copper-Gold and Mt Bauple Graphite in south-eastern Queensland from FireFly Metals Ltd for AUD 0.03 million.Dart Mining NL (ASX:DTM) acquired Skarn Ridge Copper-Gold and Mt Bauple Graphite in south-eastern Queensland from FireFly Metals Ltd for AUD 0.03 million on February 11, 2026. Dart Mining NL (ASX:DTM) completed the acquisition of Skarn Ridge Copper-Gold and Mt Bauple Graphite in south-eastern Queensland from FireFly Metals Ltd on February 11, 2026.お知らせ • Feb 04Bellavista Resources Limited (ASX:BVR) agreed to acquire 70% stake in Pickle Crow Gold Project from FireFly Metals Ltd (ASX:FFM) for AUD 47.4 million.Bellavista Resources Limited (ASX:BVR) agreed to acquire 70% stake in Pickle Crow Gold Project from FireFly Metals Ltd (ASX:FFM) for AUD 47.4 million on February 2, 2026. The consideration for the Acquisition comprises the acquisition of the Sale Shares and the assignment of the Loans Receivable for upfront and contingent consideration comprising 60 million Shares (“Consideration Shares”) at a deemed issue price of A$0.75 per Consideration Share (which will be issued pursuant to a prospectus); and a total of 50 million performance rights which expire five years from the date of issue, across three tranches which vest and convert into Shares on a one-for-one basis upon the satisfaction (or waiver) of the following milestones (“Consideration Performance Rights”) Milestone 1: 30,000,000 Consideration Performance Rights which vest upon the Company completing 10,000 meters of drilling at the Pickle Crow Project; Milestone 2: 6,666,667 Consideration Performance Rights which vest upon the Company announcing a minimum 5-million-ounce Mineral Resource Estimate in respect of the area of the assets being acquired with a category of Inferred or higher (inclusive of the existing 2.8 million ounce Inferred Mineral Resource Estimate) at a minimum grade of 5g/t gold, reported in accordance with the JORC Code; and Milestone 3: 13,333,333 Consideration Performance Rights which vest upon the Company announcing it has produced at least 200,000 ounces of gold from the area of the assets being acquired. Bellavista has indicated its intention to exercise the PC Gold buydown right to increase their ownership to 80% of the Project by paying C$3 million in cash to First Mining. Upon the exercise, First Mining's ownership interest in PC Gold will be reduced from 30% to 20% and its interest in PC Gold is free carried to a decision to mine at Pickle Crow. The transaction is subject to approval of offer by acquirer shareholders and approval of offer by target shareholders and expected to close in Q2 2026.お知らせ • Feb 02Bellavista Resources Limited (ASX:BVR) entered into a binding Share Sale & Purchase Deed to acquire Auteco Minerals (Canada) Pty Ltd from FireFly Metals Ltd (ASX:FFM) for AUD 86.1 million.Bellavista Resources Limited (ASX:BVR) entered into a binding Share Sale & Purchase Deed to acquire Auteco Minerals (Canada) Pty Ltd from FireFly Metals Ltd (ASX:FFM) for AUD 86.1 million on February 2, 2026. Bellavista will issue FireFly 60 million Bellavista shares as upfront consideration at completion of the Acquisition, with FireFly to undertake a pro-rata in-specie distribution of those shares to its shareholders. Bellavista will also issue FireFly a total of AUD 38.7 million performance rights as contingent consideration, with vesting conditions tied to Pickle Crow’s progression. Bellavista is seeking to raise up to approximately AUD 25 million (before costs) in a two-tranche non underwritten institutional placement of up to approximately 33.33 million new Shares in the Company at an issue price of AUD 0.75 per New Share. Proceeds from the Placement will be applied towards: subject to completion of the Acquisition, to exercise the PC Gold Earn-In and conduct an aggressive exploration program at the Pickle Crow and Sioux Lookout Projects, including resource drilling, regional drilling, geophysics, geochemistry, engineering and resource studies and environmental and community activities. Completion of the Acquisition remains subject to a number of conditions precedent, including Bellavista shareholder approvals and FireFly shareholder approvals, regulatory approval. The transaction is expected to close on Early April 2026. BMO Capital Markets and Canaccord Genuity Group Inc. (TSX:CF) act as financial advisor, Hamilton Locke Pty Ltd and Osler, Hoskin & Harcourt LLP act as legal advisor for FireFly Metals Ltd.New Risk • Jan 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 15% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (36% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (AU$16m net loss in 3 years).Price Target Changed • Jan 09Price target increased by 13% to AU$2.18Up from AU$1.93, the current price target is an average from 6 analysts. New target price is 14% above last closing price of AU$1.92. Stock is up 98% over the past year. The company is forecast to post a net loss per share of AU$0.021 next year compared to a net loss per share of AU$0.021 last year.New Risk • Dec 24New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (AU$17m net loss in 3 years).お知らせ • Dec 18FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of CAD 30.000001 million.FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of CAD 30.000001 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 19,230,770 Price\Range: CAD 1.56 Discount Per Security: CAD 0.078お知らせ • Dec 05FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 85 million.FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 85 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 50,000,000 Price\Range: AUD 1.7 Discount Per Security: AUD 0.085 Transaction Features: Subsequent Direct Listingお知らせ • Dec 04FireFly Metals Ltd has filed a Follow-on Equity Offering in the amount of CAD 30.000001 million.FireFly Metals Ltd has filed a Follow-on Equity Offering in the amount of CAD 30.000001 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 19,230,770 Price\Range: CAD 1.56 Discount Per Security: CAD 0.078お知らせ • Dec 02+ 1 more updateFireFly Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 4.999999 million.FireFly Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 4.999999 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,941,176 Price\Range: AUD 1.7New Risk • Dec 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 17% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 17% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$20m net loss in 3 years). Shareholders have been diluted in the past year (21% increase in shares outstanding).Price Target Changed • Nov 19Price target increased by 9.2% to AU$1.88Up from AU$1.73, the current price target is an average from 6 analysts. New target price is 8.5% above last closing price of AU$1.74. Stock is up 58% over the past year. The company is forecast to post a net loss per share of AU$0.029 next year compared to a net loss per share of AU$0.021 last year.Breakeven Date Change • Nov 19No longer forecast to breakevenThe 7 analysts covering FireFly Metals no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$21.7m in 2028. New consensus forecast suggests the company will make a loss of AU$16.7m in 2028.Board Change • Nov 04Less than half of directors are independentFollowing Director Leanne Heywood's arrival on 01 November 2025, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Renee Roberts was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Nov 03FireFly Metals Ltd Announces Appointment of Leanne Heywood as an Independent Non-Executive DirectorFireFly Metals Ltd. announced the appointment of highly regarded resources executive and company director Leanne Heywood as an Independent Non-Executive Director. Ms Heywood, who is a Fellow of accounting body CPA Australia, has significant experience as an international executive in the mining sector. Most recently, she held a senior international copper marketing role with Rio Tinto Limited and, prior to that, she was Chief Financial Officer of a copper mine in the Rio Tinto portfolio. Ms Heywood currently serves as a Non-Executive Director of Deterra Royalties Limited (ASX: DRR), Snowy Hydro Limited, Lotus Resources Limited (ASX: LOT), Advanced Energy Minerals, Denison Gas Limited and The Royal Flying Doctor Service of Australia (South Eastern Section). She previously served as a Non-Executive Director of MAC Copper Limited before its US$1.0 billion takeover by Harmony Gold Mining Company Limited in October 2025, and served as Non-Executive Director and Chair of the Audit Committee at Arcadium Lithium plc, prior to its acquisition by Rio Tinto in March 2025. Ms Heywood was New South Wales Business Woman of the Year in 2019 and in 2021 was awarded the Medal of the Order of Australia (OAM). She holds an MBA from the University of Melbourne, is a Graduate of the Australian Institute of Company Directors (GAICD) and a Fellow of CPA Australia.お知らせ • Oct 27FireFly Metals Ltd Announces Major High-Grade Copper and Gold Exploration Breakthrough At Green BayFireFly Metals Ltd. announced more exceptional drilling results which point to a high-grade mineralised core over a strike length of at least 800m at its Green Bay Copper-Gold Project in Canada. The emerging broad, high-grade copper and gold-rich zone appears to occur where the VMS and FWZ mineralization zones come together. This copper and gold rich zone within the main mineralised envelope continues over 800m strike and remains open with the furthest step out hole of 49.0m @ 6.1% CuEq (4.9% Cu & 1.3 Au) in hole MUG25-202 (39.2m true thickness), and includes an even higher-grade zone of 14.3m @ 13.7% CuEq. This is the furthest step-out hole to date, over 650m from the mineralization the subject of the previous Mineral Resource Estimate in October 2024. Recent drilling into the core trend confirms a zone in which the FWZ is well developed directly beneath the upper VMS leading to thick continuous high-grade intersections including 43.6m @ 7.6% CuEq. This included an exceptionally rich upper massive sulphide zone of 14.9m @ 16.0% CuEq (11.5% Cu & 5.0g/t Au). Importantly, a strong conductive DHEM anomaly extends a further 350m beyond this drill hole and points to the potential for future down-plunge extensions. Infill drilling continues to confirm the presence of strong and consistent mineralization in areas previously subject to wide-spaced drilling. Drilling of the upper high-grade copper and gold VMS lenses has returned exceptional intersections, including 16.0m @ 13.5% CuEq, 10.1m @ 9.2% CuEq and 4.1m @ 17.4% CuEq (all approximate true thickness). Additional drilling of the broad copper stringer FWZ continues to highlight thick zones of mineralization that are likely suitable for large-scale bulk mining. Infill intersections returned recently include exceptional results such as 82.8m @ 2.5% CuEq, 31.0m @ 5.0% CuEq and 22.0m @ 4.5% CuEq.お知らせ • Oct 16Firefly Metals Ltd Announces High-Grade Copper and Gold Intersections Extend Known Mineralisation At Green Bay by 650MFireFly Metals Ltd. announced exceptional drill results which extend the known mineralisation by more than 650m beyond the Mineral Resource at its Green Bay Copper-Gold Project. The furthest drillhole recently completed from the northern end of the 805L exploration drive intersected 49.0m @ 6.1% CuEq (~39.2m true thickness). The extensive six-rig underground drill campaign continues at the Ming Mine with the dual objectives of growing the current Mineral Resource and, most importantly, upgrading more of the Inferred Resources to the comparable more valuable Measured and Indicated (M&I) Mineral Resource categories. Key intersections include (All ~ true thickness): 14.1m @ 0.9% Cu, 3.2g/t Au, 11.9g/t Ag, 0.74% Zn (3.7% CuEq) from 567.1m (VMS-style) including: 1.8m @ 1.8% Cu, 15.9g/t Au, 39.4g/t Ag, 0.,78% Zn (15.2% CuEq) from five67.1m (V MS-style) including: 1.,8m @ 1.8m @ 1.,8% Cu, 15. 9g/t Au, 39.,4g/t Ag,0.78% Zn (15.,2% CuEq)from 567.1m, 4.4m @ 1.8%Cu, 2.8g/t Au, 18.9g/t Ag., 1.1% Zn (4.4% CuEq) from 674.1m, 27.0m @ 1.8% Co, 0.1g/t Au, 1.9g/t Ag), 0.08% Zn (1.9% CuEq) from 708.2m (FW Stringer-style) Forward Work Plans: Near-term drilling activities at the Green Bay Copper-Gold Project will continue to focus on three key areas: Upgrading the Mineral Resource (with infill drilling results), Mineral Resource Growth, and NewDiscoveries from both underground and surface. As at 11 October 2025, the Company had completed ~126,877m of underground diamond drilling. Development of additional platforms for further ongoing exploration and infill drilling will continue at Ming Mine throughout 2025. Upgrading the Mineral Resource Estimate remains a key priority for the Company's plans to resume upscaled mining at Green Bay. Infill drilling will upgrade the Inferred Resource (34.5Mt @ 2.0% CuEq) to the higher quality Measured and Indicated (M&I) Resource category which currently stands at 24.4Mt @ 1.9% CuEq.6 Based on results to date, it is likely that the amount of mineralisation classified as M&I will increase in the Mineral Resource Estimate update planned to be released later in the current quarter. FireFly has not adjusted assay data and is not aware of any adjustments made by Rambler to the assay data. WSP completed an independent audit in 2018 where a representative number of assay certificates were compared to digital assay database and no assay database and no assay results from this announcement showing the 650m step-out from the previously released October 2024 Mineral Resource Estimate. Key intersections include (All - true thickness): 14.1 m @ 0.9% CuEq): 14.1m @0.9% Cu, 3.,2g/t Au, 3.7g/t Ag, 0".お知らせ • Sep 24FireFly Metals Ltd, Annual General Meeting, Nov 20, 2025FireFly Metals Ltd, Annual General Meeting, Nov 20, 2025.お知らせ • Sep 02FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 54.94171 million.FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 54.94171 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 28,064,281 Price\Range: AUD 0.96 Discount Per Security: AUD 0.062016 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 29,166,667 Price\Range: AUD 0.96 Discount Per Security: AUD 0.062016 Transaction Features: Subsequent Direct Listingお知らせ • Jul 18FireFly Metals Ltd Announces Extremely High-Grade Assays from Its Green Bay Copper-Gold ProjectFireFly Metals Ltd. announced extremely high-grade assays from its Green Bay Copper-Gold Project. There are two distinct styles of mineralisation at the Ming underground mine at Green Bay. One comprises the upper copper-gold rich Volcanogenic Massive Sulphide (VMS) lenses. This sits above a broad copper stringer zone known as the Footwall Zone (FWZ). An extensive eight-rig drill campaign is underway with the dual objectives of growing the current Mineral Resource and upgrading more of the Inferred Resources to the comparatively more valuable Measured and Indicated (M&I) categories. From the results in this announcement, the Company anticipates strong growth in the M&I portion of the Mineral Resource when it next releases the Mineral Resource Estimate later in 2025. This is important because the higher-confidence M&I categories of Mineral Resources will underpin upscaled mining studies scheduled for completion in early 2026. The current Mineral Resource stands at 24.4Mt @ 1.9% for 460Kt CuEq of M&I Resources and a further 34.5Mt @ 2.0% for 690Kt CuEq of Inferred Resources. Drilling continues to demonstrate continuity of the high-grade copper-gold rich VMS mineralisation, with key intersections including 11.6m @ 9.3% CuEq, 14.6m @ 6.7% CuEq, 14.9m @ 5.5% CuEq and 5.5m @ 7.1% CuEq (~ true widths). Infill drilling of the broad copper-rich zone repeatedly intersected thick and continuous zones exceeding 2% copper. Highlights include 26.2m @ 5.3% CuEq, 24.1m @ 3.7% CuEq and 9.5m @ 6.4% CuEq (~ true widths). The development of phase two of the 805 exploration drive has now been completed. Two drill rigs have been mobilised to the northern extent of the platform to test for extensions of mineralisation more than 400m beyond the extent of the current Mineral Resource. A second surface diamond drill rig is now on site to accelerate the regional discovery campaign. Both rigs will systematically test geophysical anomalies generated by the Company's airborne VTEM surveys. Further results from Rambler Main Mine are expected in the coming weeks following the initial intersections4 of 10m @ 6.4% CuEq (5.7g/t Au & 1.3% Cu) and 12.9m @ 4.3% CuEq (4.2g/t Au & 0.5% Cu). Engineering studies into the resumption of upscaled production from the Ming Mine are well underway. Sector-leading consultants including Entech Mining, Ausenco and Stantec have been engaged to contribute to the studies. Comprehensive metallurgical test results completed by the Company are expected in the coming weeks. In March 2025, FireFly submitted a registration document (EA Registration) with the Newfoundland and Labrador Department of Environment and Climate Change for environmental assessment of the upscaled Green Bay Copper-Gold Project. Following review of the upscaled Green Bay project by both Provincial and Federal regulators, the Company has been notified by the Government of Newfoundland and Labrador that no further detailed environmental or socio-economic assessment is required for the upscaled project to proceed. This conditional release from further environmental assessment will enable the Company to apply for permits to commence early works and construction. FireFly is well funded to accelerate its growth campaign and engineering studies with a recent well supported equity raising which has strengthened the Company's balance sheet, with anticipated cash and liquid investments of ~AUD 145 million, subject to receiving shareholder approval of the issue of securities for the second tranche of the Institutional Placement6 for net proceeds of ~$26.6 million. Drilling at the Ming underground copper-gold mine recommenced following the acquisition of the Green Bay Copper-Gold Project by FireFly in October 2023. In total, the Company has completed ~99,700m of underground diamond drilling to 30 June 2025. Assays have been received for 192 underground holes drilled by FireFly. Logging and analysis of additional drill holes is ongoing, with details to be reported regularly as results are received. This announcement contains the results of 59 drill holes. The drilling reported is predominantly infill drilling as well as drilling of holes targeting the lateral margins of the mineralisation. There are two distinct styles of mineralisation present at the Green Bay Ming Mine, consisting of a series of upper copper-gold rich Volcanogenic Massive Sulphide (VMS) lenses underlain by a broad copper stringer zone, known as the Footwall Zone (FWZ).New Risk • Jul 04New major risk - Revenue and earnings growthEarnings have declined by 33% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 33% per year over the past 5 years. Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m.Breakeven Date Change • Jun 30Forecast to breakeven in 2028The 6 analysts covering FireFly Metals expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$154.6m in 2028. Average annual earnings growth of 53% is required to achieve expected profit on schedule.New Risk • Jun 22New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m.お知らせ • Jun 20FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of CAD 25.8 million.FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of CAD 25.8 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 30,000,000 Price\Range: CAD 0.86 Discount Per Security: CAD 0.043 Transaction Features: Subsequent Direct Listingお知らせ • Jun 13FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 11.248594 million.FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 11.248594 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 7,559,539 Price\Range: AUD 1.488 Discount Per Security: AUD 0.0744 Security Features: Flow-Through Transaction Features: Subsequent Direct ListingNew Risk • Jun 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 3.5% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$15m net loss in 2 years). Shareholders have been diluted in the past year (17% increase in shares outstanding).お知らせ • Jun 06+ 2 more updatesFireFly Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 29.9 million.FireFly Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 29.9 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 31,145,833 Price\Range: AUD 0.96 Discount Per Security: AUD 0.048 Transaction Features: Subsequent Direct Listingお知らせ • Jun 05+ 1 more updateFireFly Metals Ltd announced that it expects to receive AUD 43.1 million in funding from Canaccord Genuity (Australia) Limited and other investors.FireFly Metals Ltd announced that it has entered into the agreement for private placement to issue ordinary share for the proceeds of AUD 43,100,000 on June 4, 2025. The transaction involves participation of Canaccord Genuity as a new investor. The transaction consists of charity flow-through placement of AUD 11,200,000 and and an institutional placement of AUD 26,900,000. The company will also will also undertake a retail share purchase plan (“SPP”) of up to AUD 5,000,000 (with the ability to accept oversubscriptions, at the discretion of the Company). The transaction is expected to close on June 13, 2025.お知らせ • May 16Firefly Metals Ltd. Announces First Drilling in New Area Hits High-Grade VMS MineralisationFireFly Metals Ltd. announced that the company's first drilling in new area hits high-grade VMS mineralisation. The exceptional results highlight potential for a repeat of the Green Bay Project's high grade large scale Ming Mine. FireFly's maiden drilling program at the historical Rambler Main Mine within Green Bay has returned high-grade gold-copper-zinc intersections. Initial drilling targeted down-plunge extensions, with the first two drill holes returning exceptional intersections of: 10.0m @ 6.4% CuEq(5.7g/t Au, 1.3% Cu, 1.7% Zn & 20.9g/t Ag) in hole FFR25-001 (approximately true thickness); 12.9m @ 4.3% CuEq (4.2g/t Au,0.5% Cu, 1.5% Zn & 10.9g/t Ag). These step-out holes have extended the known mineralisation more than 200m beyond the limit of historical mining and it remains open down plunge. The results show Rambler Main shares many 'look-alike' features with the rich Ming Mine approximately 2km away, including the nature of the down-plunge extension from historical mining and the fact that the mineralisation remains open. This mineralisation at Rambler Main is also part of the same camp-scale Volcanogenic Massive Sulphide (VMS) system that formed the Ming deposit with the mineralisation located on the same geological contact. Given the strength of these results and the key similarities with Ming, there is clearly potential for Rambler Main to be an important source of Mineral Resource growth at Green Bay. A similar surface drilling program has also been conducted at the nearby historical East Mine, with results expected soon. The surface drill rig is now back at Rambler Main testing for further depth extensions of the gold-copper-z Inc. These programs are aimed at growing the overall Mineral Resource by unlocking the camp-scale potential at Green Bay. Rambler Main was mined to 200m below surface between 1964 and 1967, with historical records indicating production of 440kt @ 1.3% copper, 4.7g/t gold and 2.2% zinc. The Green Bay Mineral Resource Estimate stands at 24.4Mt at 1.9% CuEq Measured & Indicated Resource and 34.5Mt at 2.0% CuEq Inferred Resource; see ASX announcement dated 29 October 2024. The Company remains well funded for its accelerated growth strategy with CAD 68.5 million in cash, receivables and liquid investments at 31 March 2025. The value of any Mineral Resource additions close to the Ming Mine is enhanced by the potential to share infrastructure, with economic studies into the upscaled restart of operations in progress and expected for completion later in 2025. The surface exploration campaign is in full swing with assays pending for drilling completed recently at the nearby historical East Mine. The drill rig has now returned to the Rambler Main mine, with deeper step-out drilling underway to test for further extensions. Significant assay results are presented in Appendix B of this announcement.お知らせ • May 07Firefly Metals Ltd. Announces Green Bay Copper-Gold Project, CanadaFireFly Metals Ltd. announced that it plans to accelerate underground drilling ahead of mining studies with a sixth underground rig due on site in late May. Drilling at the Ming underground copper-gold mine recommenced following the acquisition of the Green Bay Copper-Gold Project by FireFly in October 2023. In total, the Company has completed ~79,200m of diamond core drilling to date from underground development. Resource Extension Drilling from the 805L Exploration Drive: Drilling from the northern section of the 805L drill drive has to date focused on extensional drilling outside of the current Mineral Resource, which currently stands at 24.4Mt at 1.9% CuEq Measured & Indicated Resource and 34.5Mt at 2.0% CuEq Inferred Resource. Near-term drilling activities at the Green Bay Copper- Gold Project will continue to focus on three key areas: Mineral Resource Growth, Upgrading the Mineral Resource (infill) and NewDiscoveries. Step-out drilling reported in this announcement demonstrates the growth potential at Ming Mine, with mineralisation now confirmed more than 200m from the limits of the current Mineral Resource. During 2025, FireFly will continue with its low-cost rapid Mineral Resource growth strategy, with the underground exploration drill drive continuing to be extended to allow effective drill testing down plunge as well as discovery drilling utilising Down Hole Electromagnetics (DHEM) for new parallel and repeat lodes at the Ming deposit. Due to the exceptional results achieved to date, the Company has decided to accelerate the drill program by contracting a sixth underground drill, which is anticipated to arrive at Green Bay in late May 2025. To date, ~79,200m of the planned 130,000m drill program has been completed. The remainder of the underground drill program for 2025 has three clear strategic components: Mineral Resource extension: Test the down-plunge continuation of both the high-grade copper-gold VMS zones and the broad footwall copper stringer zone: 35,000m of drilling; Work on engineering studies continues to evaluate various scenarios for an up-scaled restart to operations, which will incorporate the expected 2025 Mineral Resource Estimate updates once finalised. With the huge success of the drilling programs to date, the Company does not want to limit the size of any future potential up-scaled mining operation until it has completed the next phase of growth drilling. The Green Bay Copper-Gold Project currently hosts a Mineral Resource prepared in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code 2012) and Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects (NI 43-101) of 24.4Mt of Measured and Indicated Resources at 1.9% for 460Kt CuEq and 34.5Mt of Inferred Resources at 2% for 690Kt CuEq. The Company has a clear strategy to rapidly grow the copper-gold Mineral Resource to demonstrate a globally significant copper-gold asset. FireFly has commenced a 130,000m diamond drilling program.お知らせ • Mar 25+ 1 more updateFireFly Metals Ltd Announces Drilling Results at the Green Bay Copper-Gold ProjectFireFly Metals Ltd. announced further exceptional drilling results at the Green Bay copper-gold project. There are two distinct styles of mineralisation at the Ming underground mine at Green Bay. One comprises the upper copper-gold rich Volcanogenic Massive Sulphide lenses. This sits above a broad copper stringer zone known as the Footwall Zone. Drilling from the 805 Exploration drive continues to demonstrate continuity of the high-grade copper-gold rich VMS mineralisation, with key intersections including 14.2m @ 7.5% CuEq, 14.5m @ 4.6% CuEq, 9.0m @ 5.5% CuEq and 19.0m @ 3.8% CuEq (approximately true widths). Infill drilling of the broad copper-rich zone exceeded expectations, with thick and continuous zones exceeding 2% copper routinely intersected. Highlights include 50.9m @ 2.6% CuEq, 46.8m @ 2.2% CuEq and 66.8m @ 2.1% CuEq (approximately true widths). These results are important because they highlight the potential for significant increases in the highly valuable Measured and Indicated Resource which will form the basis for future economic studies into the upscaled resumption of production at the Ming Mine. The current Resource stands at 24.4Mt @ 1.9% CuEq M&I and a further 34.5Mt @ 2.0% CuEq in the Inferred category. Furthermore, a surface rig is currently drilling high priority targets close to the Ming Mine. Close- spaced ground geophysics is in progress, further defining electromagnetic anomalies generated by the lease-wide airborne VTEM survey conducted during 2024. The first drill assay results are likely to be received during the June 2025 quarter. Drilling at the Ming underground copper-gold mine recommenced following the acquisition of the Green Bay copper-gold project by FireFly in October 2023. In total, the Company has completed ~67,000m of diamond core drilling to date from underground development. Assays have been received for the first 138 holes drilled by FireFly. Logging and analysis of additional drill holes is ongoing, with details to be reported regularly as results are received. There are two distinct styles of mineralisation present at the Green Bay Ming Mine, consisting of a series of upper copper-gold rich Volcanogenic Massive Sulphide lenses underlain by a broad copper stringer zone, known as the Footwall Zone (FWZ). The Footwall Zone is extensive, with the stringer mineralisation observed over thicknesses of ~150m and widths exceeding 200m. The known strike of the mineralisation defined to date is 2.1km and it remains open down-plunge. Five drill rigs are currently operating underground, with the focus split between both extension /exploration (two rigs) and resource conversion drilling (three rigs). Drilling from the 805L drill drive focused primarily on upgrading the data density in the high-grade copper-gold dominated VMS lenses defined by previously reported exploration drilling. The results demonstrate strong continuity and consistent high grades in the Ming North and South VMS lenses. Significant intersections2 from Resource definition drilling completed from the exploration drive include, but are not limited to: Hole MUG24-125 intersected predominantly massive sulphide with minor sulphide stringers 14.2m @ 5.72% Cu, 2g/t Au, 9.6g/t Ag, 0.17% Zn (7.5% CuEq) from 184.4m (VMS-style), Hole MUG24-102 includes multiple mineralised zones consisting of an upper massive sulphide zone and a further zone of massive sulphide intercalated with FWZ style stringers 14.5m @ 3.4% Cu, 1.3g/t Au, 7.5g/t Ag, 0.2% Zn (4.6% CuEq) from 190.5m (VMS-style). 13.1m @ 2.1% Cu, 0.2g/t Au, 2.4g/t Ag, 0.11% Zn (2.3% CuEq) from 213.1m (VMS /Stringer-style). Hole MUG24-106 includes a thick consistent copper-gold VMS zone. 9m @ 4.5% Cu, 1.2g/t Au, 13.0g/t Ag, 0.2% Zn (5.5% CuEq) from 196.5m (VMS-style). Hole MUG24-110 intersected an upper VMS zone followed by multiple lower FWZ stinger zones. 10.3m @ 3.0% Cu, 0.8g/t Au, 6.8g/t Ag, 0.1% Zn (3.7% CuEq) from 203.7m (VMS-style). 38.0m @ 1.9% Cu, 0.2g/t Au, 2.3g/t Ag, 0.03% Zn (2.1% CuEq) from 231.6m (FW Stringer-style), including: 7.8m @ 5.6% Cu, 0.5g/t Au, 7.2g/t Ag, 0.06% Zn (6.1% CuEq) from 231.6m. Hole MUG24-114 includes a wide upper VMS zone grading into sulphide stringers. 19m @ 2.9% Cu, 1.0g/t Au, 7.6g/t Ag, 0.14% Zn (3.8% CuEq) from 225m (VMS-stringer style). Hole MUG24-116 intersected high-grade VMS. 3.4m @ 4.8% Cu, 0.4g/t Au, 8.4g/t Ag, 0.13% Zn (5.2% CuEq) from 261.2m (VMS-style). Hole MUG24-121 intersected a copper-gold VMS zone grading. 6.3m @ 3.0% Cu, 0.9g/t Au, 4.9g/t Ag, 0.11% Zn (3.8% CuEq) from 198.6m (VMS-style). Resource Conversion Drilling from the 830 Level, Assays were received for three drill holes completed from the historically mined 830 Level.お知らせ • Feb 12Firefly Metals Ltd Announces Further Exceptional Drilling Results at the Green Bay Copper-Gold ProjectFireFly's six-rig drilling campaign at Green Bay continues to generate extremely high-grade results. The latest results support the strategy to create value by extending the known mineralisation, upgrading Inferred Resources to the more valuable Measured & Indicated categories and making new discoveries; This is aimed at establishing a global-scale project in a tier-one location, in turn aiming for further share price re-rating. The latest exceptional assays from drilling at the Ming Mine within the Green Bay Project will form part of the next Mineral Resource update (currently 24.4Mt at 1.9% CuEq Measured & Indicated Resource and 34.5Mt @ 2% CuEq Inferred Resource; see ASX announcement 29 October 2024). There are two distinct styles of mineralisation at Ming; upper copper-gold rich Volcanogenic Massive Sulphide lenses above a broad copper footwall stringer zone ('FWZ') Drilling from the 805 exploration drive continues to deliver high-grade intersections from the copper-gold VMS, including (true thickness): 10.7m @ 12.2% CuEq (9.0% Cu & 3.9g/t Au) in hole MUG24-095; 17.3m @ 7.4% CuEq (7.0% Cu & 0.4g/t Au) in holes MUG24-089; 12.5m @ 4.2% Cu & 2.6g/t Au) in Hole MUG24-089; 2.3m @ 12.4% CuEq1 (8.2% Cu & 4.9g/t Au). Drilling on the northern margins of the Mineral Resource continues to return thick and consistent drill intersections which confirm strong FWZ mineralisation directly below the high-grade VMS: 58.2m @ 3.1% CuEq (2.4% Cu & 0.7g/t Au) inhole MUG24-083(true thickness). Intersection includes a distinct VMS lode grading 5.0m @ 6.7% CuEq above a broad copper FWZ intersection with internal high-grade zones including 9.2m @ 5.0% CuEq and 5.2m @ 3.3% CuEq. The intersection in hole MUG24-083 is directly along strike of previously-reported thick high-grade intersections: 86.3m @ 3.7% CuEq (3.1% Cu & 0.6g/t Au). 76.3m @ 2.9% CuEq (2". Importantly these intersections conclusively prove that previously reported downhole EM geophysical anomalism is associated with copper and gold mineralisation. Infill drilling has commenced with the aim of creating value by converting Inferred Resources to the Measured and Indicated categories for inclusion in future mining studies. A fifth underground drill rig is currently being mobilized to site to fast-track drilling; Downhole geophysics is ongoing; Surface exploration drilling is underway using the sixth rig and will test high priority near mine targets with first results anticipated in the March quarter; The Company remains well funded for its accelerated growth strategy with $84.1 million in cash, receivables and liquid investments at 31 December 2024. Near-term drilling activities at the Green Bay Copper-Gold Project will continue to focus on three key areas: Mineral Resource Growth, Upgrading the Mineral Resource (infill) and NewDiscoveries. Drilling reported in this announcement confirms strong continuity of mineralisation at the Ming Mine.New Risk • Jan 07New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: AU$22m Forecast net loss in 3 years: AU$17m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$17m net loss in 3 years). Significant insider selling over the past 3 months (AU$9.0m sold).お知らせ • Dec 18FireFly Metals Ltd Appoints Laura Noonan-Crowe as Company Secretary, Effective from 15 January 2025FireFly Metals Ltd. announced that it has appointed highly experienced commercial lawyer Laura Noonan-Crowe as General Counsel and Company Secretary, effective from 15 January 2025. Ms. Noonan-Crowe has 17 years' experience in the resources industry and brings a wealth of knowledge in TSX compliance, corporate governance, and mining industry mergers and acquisitions. She was most recently the General Counsel and Company Secretary, Australia for Karora Resources Inc. In this role, Ms. Noonan-Crowe established the legal function in Australia and managed Environment, Social and Governance reporting and initiatives. Ms. Noonan-Crowe previously held senior legal roles at gold mining majors Northern Star Resources, where she also served as Company Secretary to Committees of the Board of Directors, and Gold Fields Ltd. Ms. Noonan-Crowe commenced her career at Minter Ellison Lawyers. Ms. Noonan-Crowe holds a Bachelor of Laws and Bachelor of Arts from the University of Western Australia, has been admitted to the Supreme Court of Western Australia, and holds a current practising certificate issued by the Legal Practice Board of Western Australia. Ms. Noonan-Crowe is a member of the Australian Institute of Company Directors. Ms. Maddison Cramer will step down as FireFly Company Secretary on 15 January 2025.Recent Insider Transactions • Dec 14MD & Executive Director recently sold AU$6.0m worth of stockOn the 13th of December, Stephen Parsons sold around 5m shares on-market at roughly AU$1.10 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$9.0m more than they bought in the last 12 months.お知らせ • Nov 06FireFly Metals Ltd (ASX:FFM) completed the acquisition of Tilt Cove Gold Corp from Signal Gold Inc. (TSX:SGNL) for CAD 4.35 million.FireFly Metals Ltd (ASX:FFM) entered into an agreement to acquire Tilt Cove Gold Corp from Signal Gold Inc. (TSX:SGNL) for CAD 4.35 million on November 4, 2024. As part of consideration Signal Gold Inc. will receive CAD 0.57 million in cash and 2,317,869 common shares of FireFly with a value of CAD 2.5 million based on the 10-day volume weighted average price of FireFly’s shares on the Australian Stock Exchange at the time of signing the SPA. Signal Gold will also receive a milestone payment of CAD 1 million (in shares or cash at the sole option of FireFly) if FireFly announces a mineral resource estimate, in any category, of at least 500,000 ounces of gold equivalent ounces at a grade of at least 1.0 grams per tonne gold equivalent at the Tilt Cove Project. The expected completion of the transaction is by mid November 2024. FireFly Metals Ltd (ASX:FFM) completed the acquisition of Tilt Cove Gold Corp from Signal Gold Inc. (TSX:SGNL) on November 5, 2024.お知らせ • Nov 05FireFly Metals Ltd (ASX:FFM) entered into an agreement to acquire Tilt Cove Gold Corp from Signal Gold Inc. (TSX:SGNL) for CAD 4.35 million.FireFly Metals Ltd (ASX:FFM) entered into an agreement to acquire Tilt Cove Gold Corp from Signal Gold Inc. (TSX:SGNL) for CAD 4.35 million on November 4, 2024. As part of consideration Signal Gold Inc. will receive CAD 0.57 million in cash and 2,317,869 common shares of FireFly with a value of CAD 2.5 million based on the 10-day volume weighted average price of FireFly’s shares on the Australian Stock Exchange at the time of signing the SPA. Signal Gold will also receive a milestone payment of CAD 1 million (in shares or cash at the sole option of FireFly) if FireFly announces a mineral resource estimate, in any category, of at least 500,000 ounces of gold equivalent ounces at a grade of at least 1.0 grams per tonne gold equivalent at the Tilt Cove Project. The expected completion of the transaction is by mid November 2024.Breakeven Date Change • Oct 29Forecast to breakeven in 2027The 4 analysts covering FireFly Metals expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$26.7m in 2027. Average annual earnings growth of 56% is required to achieve expected profit on schedule.New Risk • Oct 17New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: AU$22m Forecast net loss in 3 years: AU$19m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (83% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (AU$19m net loss in 3 years).Breakeven Date Change • Oct 17No longer forecast to breakevenThe 4 analysts covering FireFly Metals no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$20.1m in 2027. New consensus forecast suggests the company will make a loss of AU$20.1m in 2027.お知らせ • Sep 27+ 1 more updateFireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 65 million.FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 65 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 68,421,053 Price\Range: AUD 0.95 Discount Per Security: AUD 0.0475 Transaction Features: Subsequent Direct Listingお知らせ • Sep 20FireFly Metals Ltd, Annual General Meeting, Nov 19, 2024FireFly Metals Ltd, Annual General Meeting, Nov 19, 2024.Breakeven Date Change • Sep 20Forecast to breakeven in 2027The 4 analysts covering FireFly Metals expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 22% per year to 2026. The company is expected to make a profit of AU$19.7m in 2027. Average annual earnings growth of 55% is required to achieve expected profit on schedule.Price Target Changed • Sep 19Price target increased by 7.6% to AU$1.41Up from AU$1.31, the current price target is an average from 4 analysts. New target price is 37% above last closing price of AU$1.03. The company is forecast to post a net loss per share of AU$0.044 next year compared to a net loss per share of AU$0.069 last year.New Risk • Sep 09New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: AU$22m Forecast net loss in 3 years: AU$7.5m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (171% increase in shares outstanding). Revenue is less than US$1m (AU$470k revenue, or US$313k). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (AU$7.5m net loss in 3 years).Breakeven Date Change • Sep 09No longer forecast to breakevenThe 4 analysts covering FireFly Metals no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$96.1m in 2027. New consensus forecast suggests the company will make a loss of AU$7.50m in 2027.お知らせ • Jul 22FireFly Metals Ltd Appoints Renée Roberts as Non-Executive Director, Effective 23 July 2024FireFly Metals Ltd. announced that it continues to broaden the skills and expertise of its Board and Management team with the appointment of highly experienced company director and finance industry executive Renée Roberts as a Non-Executive Director, effective 23 July 2024. Ms. Roberts has previously held C-Suite roles at large corporations including National Australia Bank, QBE, Bank of New Zealand and the Australian Prudential Regulatory Authority. Ms. Roberts has considerable experience in risk management, financial services, governance, regulation, transformation, technology and digitisation, business growth and efficiency, strategic leadership, operations, strategy development and execution. She is currently a Director of Collingwood Football Club and Chair of the Club's Risk and Integrity Committee. Ms. Roberts holds a Master of Applied Finance and Bachelor of Business and studied the advanced management program at Harvard Business School.Breakeven Date Change • Jun 30Forecast to breakeven in 2027The 4 analysts covering FireFly Metals expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$96.1m in 2027. Average annual earnings growth of 55% is required to achieve expected profit on schedule.お知らせ • May 25FireFly Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 61.FireFly Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 61. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 100 Price\Range: AUD 0.61 Transaction Features: Rights Offeringお知らせ • Apr 20FireFly Metals Ltd, Annual General Meeting, May 20, 2024FireFly Metals Ltd, Annual General Meeting, May 20, 2024, at 08:30 W. Australia Standard Time. Location: Quest Kings Park, 54 Kings Park Road West Perth WA 6005 West Perth Australia Agenda: To consider the Ratification of prior issue of Gold Hunter Shares; to consider Ratification of prior issue of Charity FT Placement Shares; to consider the Ratification of prior issue of Traditional FT Placement Shares; to consider the Ratification of prior issue of T1 Placement Shares; and to consider the Approval of issue of T2 Placement Shares.お知らせ • Mar 29FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 38.688547 million.FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 38.688547 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 39,271,097 Price\Range: AUD 0.61 Discount Per Security: AUD 0.028243 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 24,152,751 Price\Range: AUD 0.61 Discount Per Security: AUD 0.028243 Transaction Features: Subsequent Direct Listingお知らせ • Mar 27FireFly Metals Ltd completed the acquisition of 1451366 B.C. Ltd. from Gold Hunter Resources Inc. (CNSX:HUNT) for CAD 18.3 million.FireFly Metals Ltd signed an agreement to acquire 1451366 B.C. Ltd. from Gold Hunter Resources Inc. (CNSX:HUNT) for CAD 17 million on December 21, 2023. In the Transaction, Gold Hunter has agreed to sell all Shares to Firefly in exchange for the issuance of 30.290624 million Firefly Shares at a deemed issue price of CAD 0.498 per Firefly Share representing an amount equal to CAD 15 million to be issued at Closing and comprising CAD 0.5 million in cash. Contemporaneously with the completion of the SPA, the Company will also discharge an existing Gold Hunter liability of CAD 1.5 million, which will be satisfied through the issue of Shares issued on the same terms as the Consideration Shares. Upon the Closing, the Subsidiary will become a wholly owned subsidiary of Firefly. Completion of the Transaction is contingent on several conditions, including, necessary regulatory, shareholder and third-party approvals. A special meeting of its shareholders will be convened to seek approval, by special resolution, of the Transaction. The Company will promptly prepare and circulate a notice of Special Meeting and information circular to Company Shareholders with details regarding the Transaction, the Transaction Resolution, and instructions with respect to voting at and attending the Special Meeting. The shareholders of Gold Hunter Resources approved the transaction at annual general and special meeting of shareholders held on March 15, 2024. Completion of the Arrangement remains subject to receipt of the court order (the 'Court Order') of the Supreme Court of British Columbia and certain other customary closing conditions. Canaccord Genuity Group Inc. (TSX:CF) acted as Financial Adviser to Firefly Metals Ltd.FireFly Metals Ltd completed the acquisition of 1451366 B.C. Ltd. from Gold Hunter Resources Inc. (CNSX:HUNT) for CAD 18.3 million on MARCH 26, 2024. Consideration is paid through issuance to Gold Hunter of 30,290,624 common shares in Firefly Metals valued at approximately CAD 15 million.New Risk • Mar 15New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$22m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$22m free cash flow). Shareholders have been substantially diluted in the past year (135% increase in shares outstanding). Revenue is less than US$1m (AU$180k revenue, or US$119k). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (AU$2.5m net loss in 2 years).Recent Insider Transactions Derivative • Oct 25Non-Executive Director exercised options to buy AU$1.8m worth of stock.On the 23rd of October, Stephen Parsons exercised options to buy 60m shares at a strike price of around AU$0.01, costing a total of AU$600k. This transaction amounted to 20% of their direct individual holding at the time of the trade. Since March 2023, Stephen has owned 106.75m shares directly. Company insiders have collectively bought AU$880k more than they sold, via options and on-market transactions, in the last 12 months.お知らせ • Oct 20+ 1 more updateAuteco Minerals Limited Announces Management AppointmentsAuteco Minerals Limited announced that it has completed the acquisition of Rambler Metals and Mining Canada Limited and 1948565 Ontario Inc. (collectively "Rambler Group"). Following completion of the Acquisition, the Company announced two new key executive appointments, Mr. Steve Parsons as Managing Director and Mr. Michael Naylor as Executive Director effective from 20 October 2023. Mr. Parsons has been a Non-Executive Director of the Company since 28 January 2020. A geologist with over 20 years' experience in the mining industry, he has a proven track record of mineral discoveries, corporate growth, international investor relations and creating shareholder wealth. His record also includes advocating for the future generation through ensuring sustainability, diversity and inclusion remain a priority within the mineral industry. Mr. Parsons was the founder and previous managing director of ASX200 companies Bellevue Gold Ltd. and Gryphon Minerals Ltd. Mr. Naylor has been a Non-Executive Director of the Company since 30 November 2018. Mr. Naylor has 27 years' experience in corporate advisory and public company management since commencing his career and qualifying as a chartered accountant with Ernst & Young. Mr. Naylor has been involved in the financial management of mineral and resources focused public companies serving on the board and in the executive management team focusing on advancing and developing mineral resource assets and business development. He was a founder and previous executive director of Bellevue Gold Ltd. and previous executive director of Cygnus Metals Ltd.New Risk • Oct 19New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 118% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$16m free cash flow). Earnings are forecast to decline by an average of 34% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (118% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$7.6m net loss in 2 years). Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$130.9m market cap, or US$82.9m).New Risk • Sep 29New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$25m free cash flow). Earnings are forecast to decline by an average of 40% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (AU$7.5m net loss in 2 years). Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (29% increase in shares outstanding). Market cap is less than US$100m (AU$87.8m market cap, or US$56.7m).お知らせ • Sep 27Auteco Minerals Limited, Annual General Meeting, Nov 23, 2023Auteco Minerals Limited, Annual General Meeting, Nov 23, 2023. Agenda: To consider the re-election of certain directors.お知らせ • Sep 11Auteco Minerals Limited, Annual General Meeting, Oct 11, 2023Auteco Minerals Limited, Annual General Meeting, Oct 11, 2023, at 14:00 W. Australia Standard Time. Location: The Quest Kings Park, 54 Kings Park Road West Perth Western Australia Australia Agenda: To consider approval of issue of consideration shares; to consider ratification of agreement to issue Tranche 1 Placement Shares under Listing Rule 7.1, 7.1A; to consider approval of issue of Tranche 2 Placement Shares; to consider approval of issue of Director Placement Shares; to consider ratification of prior issue of MOFN Shares; to consider ratification of prior issue of February Placement Shares; and to consider other business issues.Price Target Changed • Sep 11Price target decreased by 17% to AU$0.13Down from AU$0.16, the current price target is an average from 2 analysts. New target price is 333% above last closing price of AU$0.03. Stock is down 32% over the past year. The company is forecast to post a net loss per share of AU$0.001 next year compared to a net loss per share of AU$0.0018 last year.Board Change • Sep 04No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Kevin Tomlinson was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Sep 01Auteco Minerals Limited (ASX:AUT) agreed to acquire Green Bay copper-gold project in Newfoundland, Canada from Rambler Metals and Mining Plc for AUD 68 million.Auteco Minerals Limited (ASX:AUT) agreed to acquire Green Bay copper-gold project in Newfoundland, Canada from Rambler Metals and Mining Plc for AUD 68 million on August 31, 2023. The transaction comprises upfront consideration of AUD 35 million in cash and AUD 15M in shares, followed by an additional AUD 7.5M cash payment and AUD 7.5M in shares within 18 months. The transaction will be funded by a minimum AUD 50 million two-tranche placement to be sole lead managed by Canaccord Genuity, and co-managed by Argonaut Securities, Euroz Hartleys, and Shaw and Partners. Transaction is subject to obtaining any third-party consents or approvals, approval of the acquisition and the issuance of a RVO by the CCAA Court, obtaining financing and approval of offer by acquirer shareholder. Canaccord Genuity Group Inc. (TSX:CF) acted as financial advisor, Hamilton Locke Pty Ltd and Osler, Hoskin & Harcourt LLP acted as legal advisor to Auteco Minerals Limited.New Risk • Jul 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$25m free cash flow). Earnings are forecast to decline by an average of 42% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$7.8m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (AU$90.2m market cap, or US$61.4m).Price Target Changed • Jan 24Price target decreased by 14% to AU$0.15Down from AU$0.18, the current price target is an average from 2 analysts. New target price is 172% above last closing price of AU$0.057. Stock is down 27% over the past year. The company is forecast to post a net loss per share of AU$0.001 next year compared to a net loss per share of AU$0.0018 last year.お知らせ • Jan 24Auteco Minerals Limited Announces Further High-Grade Intercepts at Canadian Gold Project in Ontario, CanadaAuTECO Minerals Ltd. reported further high-grade gold intersections at its Pickle Crow Gold Project in Ontario, Canada. The Company recorded exceptional drill results from step-out drilling at the Tyson discovery, with two separate high-grade intersections, 2.7m @ 16.1g/t and 2.3m @ 16.4g/t gold, just slightly apart from each other in hole AUDD0347. These intersections are located ~70 metres along strike of the previously reported zone of 7.8m @ 16.7g/t gold, providing further evidence of broad-scale continuity of mineralisation in the Tyson veins. Furthermore, a new zone of banded iron hosted mineralisation was encountered returning an intersection of 11.9m @ 3.5g/t gold from 432.4m downhole (AUDD0340), which remains open both along strike and at depth. This style of mineralisation has the potential to be extracted by bulk mining methods and is a key part of the AuTECO exploration focus. Other high-grade mineralised intersections from the ongoing drill programme include: 5.7m @ 5.4g/t gold from 415.1m downhole AUDD0344 (Vein 19 Footwall vein - new structure) and 0.4m @ 19.6g/t gold from 390.8m downhole AUDD0339 (Vein 5). Further details on the latest drilling results can be found below. Drilling has commenced on the regional winter exploration programme with two diamond drill rigs currently on site. The firming of ground over winter provides the Company with access to areas across its tenements that are harder to reach in warmer months. The initial focus of the winter exploration programme will follow up significant drill intersections from last year's seasonal campaign at the Talia discovery (5.5m @ 18.0g/t gold) and Cohen-MacArthur, where assays of up to 92g/t gold were returned. Later in the season, the rigs will focus on drill testing the Tarp Lake Shear zone, a major regional gold bearing structure with strong potential for a significant discovery. First assay results from the regional programme are expected before the end of the March quarter. AuTECO intends to continue its dual focus on both in-mine expansion at Pickle Crow and regional exploration to test for further gold mineralisation on the Company's highly prospective 500km of exploration claims to provide the next generation of Resource growth for the Company. This release contains results from near-mine extensional drilling. All work conducted has been outside of the current 2.23Moz at 7.8g/t Inferred Gold Resource. AuTECO manages ~500km2 of tenure in the highly prospective Uchi sub province of the Superior Craton. The holding encompasses the northern portion of the Pickle Lake greenstone belt. The Company continues to pursue a dual track strategy of advancing both the near-mine Resource growth and regional exploration concurrently. Drilling has continued to focus on Resource growth potential in the historic Shaft 1 (Vein 5) and Shaft 3 areas (Tyson) of Pickle Crow. The Tyson vein system is a series of mineralised quartz lodes first discovered by AuTECO in 2021. In May 2022, the Company announced a significant intersection at Tyson in Hole AUDD0266. Multiple significant intersections were returned from the hole, including 7.8m @ 16.7g/t gold. Hole AUDD0347 was drilled ~70 metres along strike of the intersection in Hole AUDD0266 to test continuity. Intersections reported include 2.7m @ 16.1g/t gold from 309.6m, followed by a 7.9-metre low-grade zone, before intersecting a further high-grade intersection of 2.3m @ 16.4g/t gold from 320.2m. This broad zone between 309.6m and 322.5m corresponds with the expected mineralised position interpreted from hole AUDD0266. In October 2022, a step-out hole was drilled to test for continuity and depth extensions of the Tyson veins encountered in previous drilling. Hole AUDD0333 was completed at a depth of 1,263 metres and intersected six zones of veining. Assay results received from AUDD0333 include: 0.4m @ 1,020g/t gold from 809.9m and 2.7m @ 4.7g/t gold from 840.5m. A wedge off the parent hole (AUDD0333-W1) was completed. Results returned from the wedge hole to date include: 1.9m @ 8.6g/t gold from 699.0m and 1.7m @ 4.1g/t gold from 849.1m. Further assay results from the Tyson holes are still pending. A number of holes were drilled south of Shaft 1 to test continuity of Vein 5 mineralisation. Historically, more than 200,000 ounces of gold were extracted from the high-grade Vein 5, with the continuous structure averaging approximately 0.5 metres in width. Previously reported AuTECO drilling included: 0.4m @ 71.9g/t gold from 126.1m AUDD0315; 0.4m @ 29.8g/t gold from 62.9m AUDD0331; 0.4m @ 9.4g/t gold from 152.1m AUDD0338; 1.0m @ 7.2g/t gold from 433.7m AUDD0335; 1.8m @ 5.5g/t gold from 346.0m AUDD0334 and 1.2m @ 5.1g/t gold from 65.8m AUDD0334. Another high-grade assay was received since the previous announcement, demonstrating continuity on the high-grade vein structure: 4m @ 19.6g/t gold from 390.8m downhole AUDD0339. Furthermore, an interpreted banded iron formation was targeted in the Vein 5 area. A broad intersection of 11.9m @ 3.5g/t gold from 432.4m was encountered in hole AUDD0340. The broad intersections demonstrate the potential for bulk mining extraction in the banded iron style of mineralisation. A previously unidentified quartz vein was intersected in the footwall of the Vein 19 quartz vein. The result of 5.7m @ 5.4g/t gold from 415.1m downhole in hole AUDD0344 will be followed up during the summer drill campaign.分析記事 • Jan 08Here's Why Auteco Minerals (ASX:AUT) Must Use Its Cash WiselyThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...お知らせ • Dec 16Auteco Minerals Ltd Appoints Kevin Tomlinson as Non-Executive DirectorAuTECO Minerals Ltd. announced that Kevin Tomlinson has been appointed a Non-Executive Director of AuTECO, effective 15 December 2022. Mr. Tomlinson has more than three decades' experience in major discoveries, exploration and resource growth, mine development and financing of mining projects globally. He has also played leading roles in many successful mergers and acquisitions. He is currently Independent Non-Executive Chairman of highly successful ASX300 Company Bellevue Gold Limited. Mr. Tomlinson was previously Managing Director of Investment Banking at Westwind Partners and Stifel Nicolaus (2006-2012), raising significant equity and providing M&A corporate advice, and is the former Chair of ASX/TSX-listed Cardinal Resources Ltd, leading its CAD 587 million sale to Shandong Gold. Mr. Tomlinson was also a Non-Executive Director at Centamin Plc, which discovered and built a significant gold mine in Egypt. Mr. Tomlinson is a Fellow of the Chartered Institute of Securities and Investment, a Fellow of the Institute of Directors and a Liveryman of the Worshipful Company of International Bankers (UK). He holds a Bachelor of Science (Honours) and a Masters degree in Structural Geology and has a Graduate Diploma in Finance and Investment, Banking, Corporate, Finance and Securities Law from the Securities Institute of Australia. He is currently a Non-Executive Director of Kodiak Copper Corp. and Churchill Resources Inc.お知らせ • Nov 22Auteco Minerals Limited Reports Exceptional Drill Results of Up to 1,020g/t At Its Pickle Crow Gold ProjectAuteco Minerals Limited reported exceptional drill results of up to 1,020g/t at its Pickle Crow gold project in Ontario, Canada. These results will form part of the Resource update set for the March quarter of next year. The results are considered particularly important because they are outside the existing Inferred Resource and therefore demonstrate the opportunity to continue growing the Resource. The high-grade Tyson vein system, which was initially identified by AuTECO in October 2021, is expected to be included in the Resource for the first time. A 50,000-metre drill campaign is in progress and anticipated to conclude in early 2023. AuTECO intends to continue the dual focus on both in-mine Resource expansion at Pickle Crow and regional discovery that will provide the next generation of Resource growth for the company. Details of Latest Results: This release contains results from near-mine extensional drilling. All work conducted has been outside of the current 2.23Moz at 7.8 g/t Inferred gold Resource. The results in this release will contribute to a Resource update planned for early 2023. AuTECO manages ~500km2 of tenure in the Pickle Lake district. The Company continues to pursue a dual track strategy of advancing both the near-mine Resource growth and regional exploration concurrently. Near-Mine Results: Drilling has continued to focus on Resource growth potential in the historic Shaft 1 (Vein 5) and Shaft 3 areas (Tyson) of Pickle Crow. Tyson Vein System: The Tyson vein system is a series of mineralised quartz lodes first discovered by AuTECO in 2021 (see ASX release dated 5 October 2021). In October 2022, a step-out hole was drilled to test for continuity and depth extensions of the Tyson veins encountered in previous drilling. Hole AUDD0333 was completed at a depth of 1,263 metres and intersected six zones of veining. Assay results received to date from AUDD0333 include: 0.4m @ 1,020g/t gold from 809.9m; 2.7m @ 4.7g/t gold from 840.5m. A wedge off the parent hole (AUDD0333-W1) is currently in progress. Results returned from the wedge hole to date include: 1.9m @ 8.6g/t gold from 699.0m AUDD0333-W1. The intersection of 0.4m @ 1,020g/t gold represents the highest-grade intersection achieved by AuTECO to date. The intersection was hosted in a quartz-carbonate-tourmaline vein with coarse sulphides in adjacent host rock. Visible gold was observed in the vein, concentrated around chloritic vein margins. Hole AUDD0333 also tested a zone of banded iron formation (BIF) interpreted to the west of the main Tyson vein system. This zone was intersected near the beginning of the hole and contained strong sulphide mineralisation. Assay results for the zone were: · 6.2m @ 3.0g/t gold from 138.8m This demonstrated the potential for mineralisation amenable to bulk mining. Further drilling is planned to test the BIF in this area. Vein 5 Drilling Recent drilling continued to test extensions to the Vein 5 vein structure. Historically, more than 200,000 ounces of gold were extracted from the high-grade vein, with the continuous structure averaging approximately 0.5 metres in width. The recent AuTECO drilling has successfully demonstrated the vein continues along strike beyond the extents of historical mining. Significant intersections include: 0.4m @ 71.9g/t gold from 126.1m AUDD0315; 0.4m @ 29.8g/t gold from 62.9m AUDD0331; 0.4m @ 9.4g/t gold from 152.1m AUDD0338; 1.0m @ 7.2g/t gold from 433.7m AUDD0335; 1.8m @ 5.5g/t gold from 346.0m AUDD0334; 1.2m @ 5.1g/t gold from 65.8m AUDD0334. Additionally, a shallow BIF unit was intersected in drill hole AUDD315. The intersection of 11.0m @ 1.6g/t gold from 32.0m demonstrates potential for open pit mining. Further drilling is planned to follow up this result. FORWARD WORK PLAN: The Company intends to continue with a dual-tracked approach to drilling for the remainder of 2022, with a combination of extensional in-mine Resource growth drilling and regional exploration. AuTECO is in the midst of 50,000m drill campaign, of which ~20,000m is planned for early stage targets outside of the current 2.23Moz Resource. As site accessibility improves in winter, the exploration focus from November 2022 through March 2023 will shift to regional exploration in addition to near mine targets that are inaccessable during summer, such as Tyson. An updated Resource estimate remains on track for delivery in early 2023.Price Target Changed • Nov 16Price target decreased to AU$0.18Down from AU$0.20, the current price target is an average from 2 analysts. New target price is 227% above last closing price of AU$0.055. Stock is down 29% over the past year. The company is forecast to post a net loss per share of AU$0.001 next year compared to a net loss per share of AU$0.0018 last year.Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Steve Parsons was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Oct 11Auteco Minerals Ltd Reports Exceptional Sampling Results Just 6Km Form the 2.23Moz Resource At the Pickle Crow Gold Project in Ontario, CanadaAuTECO Minerals Ltd. reported exceptional sampling results just 6km form the 2.23Moz Resource at the Pickle Crow gold project in Ontario, Canada. The results are considered particularly important because they demonstrate the scope to increase the Resource based on regional discoveries as well as ongoing near-mine exploration. A 50,000-metre drill campaign is in progress and anticipated to conclude in early 2023. AuTECO intends to continue the dual focus on both in-mine Resource expansion at Pickle Crow and regional discovery that will provide the next generation of Resource growth for the company. This release contains results from both near-mine and regional exploration activities. All work conducted has been outside of the current 2.23Moz at 7.8 g/t Inferred gold Resource. AuTECO manages ~500km2 of tenure in the Pickle Lake district. The company continues to pursue a dual track strategy of advancing both the near-mine Resource growth and regional exploration concurrently. Regional exploration activities in recent months have focused on regional mapping, sampling and target generation. Due to climatic conditions and snow covering the surface, the field mapping season is between April and October. Extensive mapping and sampling campaigns have been undertaken on the 500km2 of exploration tenure, with a focus on the Tarp Lake and Cohen MacArthur shear zones. Numerous previously unknown veins structures have been identified. Rock chip sampling of veins has yielded highly anomalous results. The Metcalf target, located on the Tarp Lake Shear returned rock chip results including 569.0g/t, 27.4g/t and 9.0g/t gold. This surface vein expression confirms the presence of a significant vein system, with historical drill intersections including 1.8m @ 66.9g/t and 1.8m @ 28.5g/t gold. Approximately 3km south of Metcalf on the Tarp Lake shear, a rock chip sample of 35.5g/t gold was collected from an outcropping vein. These results confirm that the Tarp Lake Shear is a major regional gold bearing structure with strong potential for a significant discovery. Other areas mapped and sampled include Cohen MacArthur target, with anomalous rock chips of up to 3.8g/t gold returned. Preparations are in progress to drill test both the Metcalf, Tarp Lake and Cohen MacArthur propsects during the winter drill campaign. Lease wide collection of magnetic data is in progress over the entire 500km2 of exploration tenure under management by AuTECO. Helicopter based acquisition is being flown conducted at 100 metre line spacing over the regional areas and 50 metre spacing near the main Pickle Crow deposit. Although ~60% complete, preliminary imaging shows a marked improvement in comparison to the existing data set. Drilling has continued to focus on Resource growth potential in the historic Shaft 1 and Shaft 3 areas of Pickle Crow. Recent drilling focused on extensions to the Vein 5 vein structure. Historically, more than 200,000 ounces of gold was extracted from the high-grade vein, with the continuous structure averaging approximately 0.5 metres in width. The recent AuTECO drilling has successfully demonstrated the vein continues along strike beyond the extents of historical mining. Significant intersections include: 0.4m @ 91.0 g/t gold from 149.0m AUDD0319, 0.4m @ 32.2 g/t gold from 30.4m AUDD0327, 1.8m @ 8.3 g/t gold from 50.7m AUDD0330. Near-mine exploration drilling has been conducted to test for mineralisation hosted in banded iron formation (BIF). Mineralisation within the BIF occurs in veins surrounded by a gold-bearing sulphide halo. The widths observed in historical intersections indicate the potential for bulk mining extraction within BIF style mineralisation. Recent BIF-hosted results include: 1.5m @ 20.2 g/t gold from 488.0m AUDD0298 (BIF Hosted), 2.2m @ 5.5 g/t gold from 371.0m AUDD0294 (BIF Hosted),3.8m @ 3.5 g/t gold from 339.2m AUDD0278 (BIF Hosted), 5.0m @ 1.9 g/t gold from 294.0m AUDD0286 (BIF Hosted), 8.0m @ 1.8 g/t gold from 245.0m AUDD0281 (BIF Hosted). The company intends to continue with a dual-tracked approach to drilling for the remainder of 2022, with a combination of extensional in-mine Resource growth drilling and regional exploration. AuTECO is in the midst of 50,000m drill campaign, of which ~20,000m is planned for early stage targets outside of the current 2.23Moz Resource. In order to preserve cash, the number of drill rigs has been reduced to two. As site accessibility improves in winter, the exploration focus from November 2022 through March 2023 will shift to regional exploration in addition to near mine targets that are inaccessable during summer, such as Tyson. An updated Resource estimate remains on track for delivery in early 2023.分析記事 • Sep 23Auteco Minerals (ASX:AUT) Will Have To Spend Its Cash WiselyThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...お知らせ • Sep 20Auteco Minerals Limited, Annual General Meeting, Nov 18, 2022Auteco Minerals Limited, Annual General Meeting, Nov 18, 2022. Agenda: To consider the re-election and appointment of directors; and to transact such other business matters.お知らせ • Aug 10Auteco Minerals Limited Announces Joint Company Secretary ChangesAuteco Minerals Limited announced the appointment of Ms. Maddison Cramer as a Company Secretary of AuTECO, effective 10 August 2022. Ms. Cramer will be a Joint Company Secretary with Mr. William Nguyen, the current Joint Company Secretary and Chief Financial Officer. Ms Cramer is a corporate lawyer with experience in both the listed and unlisted space, advising entities across a variety of different sectors, but with a focus on mining and resources. Most recently, Ms. Cramer was Joint Company Secretary at ASX300 Bellevue Gold Limited. Prior to this, she was an Associate at Bellanhouse Legal and HWL Ebsworth Lawyers. Ms. Cramer specialises in corporate and commercial transactions, including capital raisings, IPOs and backdoorlistings, and corporate governance issues. Mr. Michael Naylor has resigned as Joint Company Secretary and will remain Non-Executive Director of AuTECO. Going forward, Maddison will be jointly responsible for communication with the ASX in relation to listing rule matters, pursuant to ASX Listing Rule 12.6.Price Target Changed • Jul 28Price target decreased to AU$0.20Down from AU$0.22, the current price target is provided by 1 analyst. New target price is 315% above last closing price of AU$0.047. Stock is down 57% over the past year. The company is forecast to post a net loss per share of AU$0.007 next year compared to a net loss per share of AU$0.0021 last year.お知らせ • Jun 24Auteco Minerals Limited Reports More Exceptional Early-Stage Exploration Results At the Pickle Crow Gold Project in Ontario, CanadaAuteco Minerals Limited reported more exceptional early-stage exploration results which demonstrate the outstanding growth potential at the Pickle Crow gold project in Ontario, Canada. The results are considered particularly important because they demonstrate the scope to increase the resource based on new regional discoveries as well as ongoing near-mine exploration. A 50,000-metre drill campaign is in progress and anticipated to conclude in early 2023. AuTECO intends to continue the dual focus on both in-mine Resource expansion at Pickle Crow and regional discovery that will provide the next generation of Resource growth for the company. AuTECO manages 500km of tenure in the Pickle Lake district. During 2022 to date, first pass early-stage drilling testing has been conducted at six regional exploration targets located away from the current Resource. All six targets returned results with anomalous mineralisation. Recent intersections highlight the potential of the Talia discovery and confirmed the prospectivity of the Banded Iron Formation (BIF) style mineralisation in the Pickle Lake district. The area was targeted based on structural intersections within BIF identified using high-resolution drone magnetics acquired in 2021. A shallow intersection of 5.5m @ 18.0 g/t gold was returned from just 45 metres down hole. This follows on from previously reported broad intersections of 4.9m @ 3.6 g/t gold and 4.0m @ 3.1 g/t gold. Further results for the Cohen-MacArthur prospect have now been received. Four of the five holes drilled contained significant gold intersections. Key results reported from this campaign include 2.1m @ 92.0 g/t, 0.7m @ 26.2 g/t, 0.8m @ 11.3 g/t, 5.4m @ 2.6 g/t and 1.2m @ 4.1 g/t gold. The Cohen MacArthur shear zone is a structure subparallel to the Core Mine Shear that controls mineralisation at the Pickle Crow deposit, where 1.5Moz of gold was extracted between 1935 and 1966. Shallow high-grade mineralisation was intersected at the Swamp Zone prospect, a poorly tested hypothesised structure between the Springer and Central Patricia deposits. In May 2022 the initial intersection of 3.5m @ 7.6 g/t gold was reported from 126.9m. Recent results include 0.4m @ 31.0 g/t gold from 28.8m downhole and 2.8m @ 4.3 g/t gold from 59.7m down hole. Other significant results include intersections of 0.9m @ 14.7 g/t and 4.1m @ 3.4 g/t gold at the Springer Shaft prospect. Further drilling results are anticipated in the June quarter. The company intends to continue with a dual-tracked approach to drilling for the remainder of 2022, with a combination of extensional in-mine Resource growth drilling and regional exploration. AuTECO has commenced a further 50,000m drill campaign, of which 20,000m is planned for early stage targets outside of the current 2.23Moz Resource. Detailed analysis and interpretation of regional exploration results is in progress. As the temperature increases, regional work has commenced on summer field activities (mapping and sampling) in addition to a lease wide magnetic geophysical survey that will commence in June 2022.お知らせ • Jun 06+ 2 more updatesAuteco Minerals Limited Appoints Darren Cooke as Chief Executive Officer, Effective July 1, 2022Auteco Minerals Limited announced the appointment of Darren Cooke has been appointed Chief Executive Officer. Mr. Cooke is currently Chief Operating Officer at AuTECO, having joined the company from Northern Star Resources in February 2021. His appointment commences on 1 July 2022. Employment continues until terminated by either Auteco or Mr. Cooke.お知らせ • May 04+ 2 more updatesExceptional Gold Hits of Up to 92G/T in Near-Mine and Regional DrillingAuTECO Minerals Ltd. to report more exceptional results which demonstrate the outstanding growth potential at the Pickle Crow gold project in Ontario, Canada. The results are considered particularly important because they demonstrate the scope to increase the resource based on new regional discoveries as well as ongoing near-mine exploration. The 50,000-metre drill campaign that started in June 2021 was successfully concluded in March 2022. However, a new drilling program is well underway with the aim of completing a further 50,000m by the end of this calendar year. AuTECO manages 500sqkm of tenure in the Pickle Lake district. First pass drilling was completedon five regional exploration targets located away from the historic Pickle Crow mine and the current 2.23Moz at 7.8g/t gold Resource. All 5 targets returned results with anomalous mineralisation, with the highlight being the Cohen-MacArthur prospect which returned results including 2.1m @ 92.0g/t, 0.8m @ 11.3g/t and 1.2m @ 4.1g/t gold. The Cohen MacArthur shear zone is a structure subparallel to the Core Mine Shear that hosted the 1.5Moz of historic production at Pickle Crow. Other significant results include an intersection of 3.5m @ 7.6g/t in the Swamp zone, a poorly tested hypothesised structure between the Springer and Central Patricia deposits. At the Powderhouse prospect, a mineralised banded iron formation was intersected that graded 4.9m at 3.6g/t gold. Resource expansion drilling of the Tyson area continued to return significant drill intersections that increase the known extent of mineralised structures. Results reported in this release, including 7.8m @ 17.0g/t gold, point to a significant future increase in the Resource in the Tyson area. Drilling activity has focused on three primary areas since January 2022: Cohen MacArthur Trend exploration prospects, Springer Central Patricia Link Zone (Swamp Zone, F Zone), Tyson Vein Extension Drilling, Shaft 3 Resource Extension drilling. The Cohen MacArthur target is located on a major regional structure that is interpreted to be sub-parallel to the Core Mine shear proximal to the main Pickle Crow deposit. The area drill tested is located 1.5 kilometres north-west of Shaft 3. The target area was selected based on an interpreted flexure in the Cohen-MacArthur shear zone in addition to outcropping veins. Drilling reported in historic literature in the area encountered vein structures hosted in an undifferentiated basalt unit, however limited follow up work had been completed by previous operators. Significant mineralisation was intersected in all holes where assays have been received to date. Key intersections include: 2.1m @ 92.0g/t gold from 147.8m in hole RVDD0016, 0.7m @ 26.2g/t gold from 116.5m in hole RVDD0016, 0.8m @ 11.3g/t gold from 17.8m in hole RVDD0018, 1.2m @ 4.1g/t gold from 32.0m in hole RVDD0019, An intersection of 2.1m @ 92.0g/t gold from 147.8m in drill hole RVDD0016 was returned. Visible gold was observed in a shear pyritic quartz vein hosted in altered basalt. This included an intersection of 0.5m @ 382g/t. The concept was successfully proven, with anomalous intersections encountered in 5 out of 6 holes here assays have been received to date. Intersections include: 4.9m @ 3.6g/t gold from 175m in hole RVDD0014, 10.5m @ 0.5g/t gold from 41m in hole RVDD0010, 4.0m @ 3.1g/t gold from 160.5m in hole RVDD00432.2m @ 1.7g/t gold from 52.8m in hole RVDD0011.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Steve Parsons was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.分析記事 • Apr 12We're A Little Worried About Auteco Minerals' (ASX:AUT) Cash Burn RateJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...お知らせ • Feb 16AuTECO Minerals Ltd Reports Resource increases by 500,000oz to 2.23Moz at 7.8g/tAuTECO Minerals Ltd. reported a 30 per cent increase in the Inferred Mineral Resource estimate at its Pickle Crow Project in Canada, taking it to 2.23 million ounces at a grade of 7.8g/t gold. This estimate comprises a high-grade quartz vein component of 1.92Moz at 9.3 g/t and a broader near-surface alteration /banded iron hosted mineralisation style that contains 304,000oz at a grade of 3.8 g/t. A total of ~30,000m of additional drill information was used to inform the revised year-end estimate that was prepared in accordance with the JORC Code (2012 Edition) by independent mining consultants Cube Consulting Pty Ltd. AuTECO is now ramping up drilling to test some of the early-stage regional targets on the 500sqkm of tenure managed the Company in the Pickle Lake district. Three drill rigs are currently engaged on early-stage regional programs, with results expected in the June quarter.お知らせ • Jan 18Auteco Minerals Reports More Outstanding Drilling ResultsAuteco Minerals Limited reported more outstanding drilling results which will help underpin a Resource update set for release next month. The latest intersections from the 50,000m drilling program underway at the Pickle Crow project in Ontario, Canada continue to extend the known mineralisation outside the 1.7 Moz Resource at 8.1 g/t gold. AuTECO has five diamond drill rigs operating as part of its strategy to continue growing the Resource. The inventory comprises the high-grade vein Resource of 1.47 Moz at 10.1 g/t and the alteration-hosted (BIF) Resource of 240,000oz at 3.7 g/t. In the high-grade veins, Resource expansion drilling in the Shaft 1 and Shaft 3 areas continued to return significant drill intersections that increase the known extent of mineralised structures. Results reported in this release, including 7.3m @ 33.3 g/t from just 9.4m down the hole, point to a significant increase in the Resource update scheduled for completion and release in February 2022. Drilling has commenced on the regional exploration targets located away from the Pickle Crow mine, with testing of the south-west Powderhouse target in progress. AuTECO manages 500sqkm of tenure in the Pickle Lake district. Results are expected early in the June quarter.分析記事 • Oct 18Is Auteco Minerals (ASX:AUT) In A Good Position To Deliver On Growth Plans?We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...Price Target Changed • Aug 02Price target increased to AU$0.21Up from AU$0.20, the current price target is an average from 2 analysts. New target price is 79% above last closing price of AU$0.12. Stock is down 31% over the past year.お知らせ • Jul 15Auteco Minerals Limited Announces Pickle Crow Gold Project, CanadaAuteco Minerals announced that the Inferred Mineral Resource estimate at its Pickle Crow Project in Canada has increased by 71% to 1.7 million ounces of gold. The outstanding result includes a high-grade vein-hosted Resource of 4.5 million tonnes at 10.1 g/t for 1.47 Moz of gold, an increase of 47%. In addition, the new estimate contains a maiden JORC Inferred Resource of 2.1Mt at 3.7 g/t for 242,000 oz of gold hosted within the adjacent Banded Iron Formation (BIF). Auteco is also pleased to report that recent drilling done since the cut-off for the Resource update has intersected more high-grade gold outside the Resource. The Resource update is the successful culmination of the September 2020 exploration and growth program, which was underpinned by 45,000m of drilling. This campaign resulted in the addition of 710,000oz of gold at a cost of AUD 15.25 per Resource ounce, in addition to the discovery of numerous new veins and mineralised zones such as Carey. The Pickle Crow mine was one of Canada's highest grade historical producers, with 1.5 Moz of gold produced at a grade of 16.1 g/t between 1935 and 1966. Gold was sourced from narrow high-grade vein quartz carbonate veins mined from underground. This style of mineralisation forms the bulk of the Inferred Resource, accounting for 1.47 Moz at 10.1 g/t gold. A review of historic data in addition to recent drill intersections highlighted the potential of mineralization hosted in Banded Iron Formation. This mineralisation style characteristically contains gold in alteration halos surrounding vein arrays, resulting in relatively broad intersections potentially amenable to bulk mining methods. Assessment of the BIF hosted mineralisation resulted in a maiden JORC Inferred Resource of 242,000 oz at 3.7 g/t gold. The mineral Resource estimation was prepared in accordance with the JORC Code (2012 edition) by reputable Australian firm Cube Consulting Pty Ltd. with oversight from Auteco personnel.お知らせ • Jun 16Auteco Minerals Ltd. Announces Shallow High-Grade Gold At Carey DiscoveryAuteco Minerals Ltd. announce that it has made a shallow high-grade gold discovery at its Pickle Crow gold project in Canada. The Carey discovery, which was the first in a series of shallow exploration targets which will be tested by Auteco, is particularly notable because it highlights the potential for open pit mining in addition to what was historically a narrow-vein underground operation at Pickle Crow. Further drilling will be conducted to determine the continuity of mineralisation between historic drillholes to the north and south of the initial intersections. In addition to the Carey discovery, Auteco is also pleased to announce that it has extended the known high- grade underground mineralisation in the Shaft 3 area. The latest Shaft 3 drilling results will help underpin the Resource update set to be completed next month. The existing Pickle Crow Inferred Resource stands at 1Moz grading 11.3g/t gold. Mapping, outcrop sampling and the acquisition of detail ground magnetics is in progress on the regional tenure outside of the current Resource. Assay results returned from rock chip samples of outcropping veins at the Springer prospect returned results up to 145.7g/t gold. The 45,000m Resource definition and exploration program that commenced in September 2020 has now been successfully completed. In light of these strong results, the Auteco Board has given approval for the commencement of an additional 50,000m of drilling. The dual strategy of driving near-mine Resource growth combined with early-stage exploration targeting will continue to be the focus of the drilling program. The Growth And Exploration Program: The current strategic work program detailed in previous ASX 2 releases is nearing its conclusion after successful delivery of the key objectives to date. The drilling phases of the work program have been completed, with a total of 166 diamond holes drilled for 45,522m. Results are yet to be returned for 28 holes.Price Target Changed • May 23Price target decreased to AU$0.22Down from AU$0.25, the current price target is provided by 1 analyst. New target price is 127% above last closing price of AU$0.097. Stock is up 62% over the past year.決済の安定と成長配当データの取得安定した配当: FFMの 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: FFMの配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場FireFly Metals 配当利回り対市場FFM 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (FFM)2.5%市場下位25% (AU)2.9%市場トップ25% (AU)6.9%業界平均 (Metals and Mining)3.3%アナリスト予想 (FFM) (最長3年)0%注目すべき配当: FFMの配当金 ( 2.47% ) はAustralian市場の配当金支払者の下位 25% ( 2.85% ) と比べると目立ったものではありません。高配当: FFMの配当金 ( 2.47% ) はAustralian市場の配当金支払者の上位 25% ( 6.9% ) と比較すると低いです。株主への利益配当収益カバレッジ: FFMの 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: FFMが配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YAU 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 16:14終値2026/05/21 00:00収益2025/12/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋FireFly Metals Ltd 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。13 アナリスト機関Dale KoendersBarrenjoey Markets Pty LimitedTaylor GuyotBarrenjoey Markets Pty LimitedRichard KnightsBarrenjoey Markets Pty Limited10 その他のアナリストを表示
ライブニュース • May 17FireFly Metals Completes Gold Asset Sale Shifts Focus to Green Bay Copper ExpansionFireFly Metals has completed the sale of its Ontario gold assets, shifting its focus to copper-gold development at the Green Bay project in Newfoundland, Canada. The company is running a large-scale drilling program at Green Bay, with drilling results that include high-grade copper intercepts. Management is targeting a resource update and economic assessment for Green Bay around mid-2026, while technical analysis points to a large reversal base forming in the stock. This move to a pure-play copper focus concentrates the story on the exploration and development progress at Green Bay, so your attention naturally centers on how drilling results and future studies evolve. The combination of an intensive drill campaign and a defined timetable for technical studies also raises execution risks, including permitting, funding and project delivery, which are important to weigh alongside the technical chart setup.
お知らせ • Feb 11Dart Mining NL (ASX:DTM) acquired Skarn Ridge Copper-Gold and Mt Bauple Graphite in south-eastern Queensland from FireFly Metals Ltd for AUD 0.03 million.Dart Mining NL (ASX:DTM) acquired Skarn Ridge Copper-Gold and Mt Bauple Graphite in south-eastern Queensland from FireFly Metals Ltd for AUD 0.03 million on February 11, 2026. Dart Mining NL (ASX:DTM) completed the acquisition of Skarn Ridge Copper-Gold and Mt Bauple Graphite in south-eastern Queensland from FireFly Metals Ltd on February 11, 2026.
お知らせ • Feb 04Bellavista Resources Limited (ASX:BVR) agreed to acquire 70% stake in Pickle Crow Gold Project from FireFly Metals Ltd (ASX:FFM) for AUD 47.4 million.Bellavista Resources Limited (ASX:BVR) agreed to acquire 70% stake in Pickle Crow Gold Project from FireFly Metals Ltd (ASX:FFM) for AUD 47.4 million on February 2, 2026. The consideration for the Acquisition comprises the acquisition of the Sale Shares and the assignment of the Loans Receivable for upfront and contingent consideration comprising 60 million Shares (“Consideration Shares”) at a deemed issue price of A$0.75 per Consideration Share (which will be issued pursuant to a prospectus); and a total of 50 million performance rights which expire five years from the date of issue, across three tranches which vest and convert into Shares on a one-for-one basis upon the satisfaction (or waiver) of the following milestones (“Consideration Performance Rights”) Milestone 1: 30,000,000 Consideration Performance Rights which vest upon the Company completing 10,000 meters of drilling at the Pickle Crow Project; Milestone 2: 6,666,667 Consideration Performance Rights which vest upon the Company announcing a minimum 5-million-ounce Mineral Resource Estimate in respect of the area of the assets being acquired with a category of Inferred or higher (inclusive of the existing 2.8 million ounce Inferred Mineral Resource Estimate) at a minimum grade of 5g/t gold, reported in accordance with the JORC Code; and Milestone 3: 13,333,333 Consideration Performance Rights which vest upon the Company announcing it has produced at least 200,000 ounces of gold from the area of the assets being acquired. Bellavista has indicated its intention to exercise the PC Gold buydown right to increase their ownership to 80% of the Project by paying C$3 million in cash to First Mining. Upon the exercise, First Mining's ownership interest in PC Gold will be reduced from 30% to 20% and its interest in PC Gold is free carried to a decision to mine at Pickle Crow. The transaction is subject to approval of offer by acquirer shareholders and approval of offer by target shareholders and expected to close in Q2 2026.
お知らせ • Feb 02Bellavista Resources Limited (ASX:BVR) entered into a binding Share Sale & Purchase Deed to acquire Auteco Minerals (Canada) Pty Ltd from FireFly Metals Ltd (ASX:FFM) for AUD 86.1 million.Bellavista Resources Limited (ASX:BVR) entered into a binding Share Sale & Purchase Deed to acquire Auteco Minerals (Canada) Pty Ltd from FireFly Metals Ltd (ASX:FFM) for AUD 86.1 million on February 2, 2026. Bellavista will issue FireFly 60 million Bellavista shares as upfront consideration at completion of the Acquisition, with FireFly to undertake a pro-rata in-specie distribution of those shares to its shareholders. Bellavista will also issue FireFly a total of AUD 38.7 million performance rights as contingent consideration, with vesting conditions tied to Pickle Crow’s progression. Bellavista is seeking to raise up to approximately AUD 25 million (before costs) in a two-tranche non underwritten institutional placement of up to approximately 33.33 million new Shares in the Company at an issue price of AUD 0.75 per New Share. Proceeds from the Placement will be applied towards: subject to completion of the Acquisition, to exercise the PC Gold Earn-In and conduct an aggressive exploration program at the Pickle Crow and Sioux Lookout Projects, including resource drilling, regional drilling, geophysics, geochemistry, engineering and resource studies and environmental and community activities. Completion of the Acquisition remains subject to a number of conditions precedent, including Bellavista shareholder approvals and FireFly shareholder approvals, regulatory approval. The transaction is expected to close on Early April 2026. BMO Capital Markets and Canaccord Genuity Group Inc. (TSX:CF) act as financial advisor, Hamilton Locke Pty Ltd and Osler, Hoskin & Harcourt LLP act as legal advisor for FireFly Metals Ltd.
New Risk • Jan 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 15% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (36% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (AU$16m net loss in 3 years).
Price Target Changed • Jan 09Price target increased by 13% to AU$2.18Up from AU$1.93, the current price target is an average from 6 analysts. New target price is 14% above last closing price of AU$1.92. Stock is up 98% over the past year. The company is forecast to post a net loss per share of AU$0.021 next year compared to a net loss per share of AU$0.021 last year.
New Risk • Dec 24New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (AU$17m net loss in 3 years).
お知らせ • Dec 18FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of CAD 30.000001 million.FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of CAD 30.000001 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 19,230,770 Price\Range: CAD 1.56 Discount Per Security: CAD 0.078
お知らせ • Dec 05FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 85 million.FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 85 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 50,000,000 Price\Range: AUD 1.7 Discount Per Security: AUD 0.085 Transaction Features: Subsequent Direct Listing
お知らせ • Dec 04FireFly Metals Ltd has filed a Follow-on Equity Offering in the amount of CAD 30.000001 million.FireFly Metals Ltd has filed a Follow-on Equity Offering in the amount of CAD 30.000001 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 19,230,770 Price\Range: CAD 1.56 Discount Per Security: CAD 0.078
お知らせ • Dec 02+ 1 more updateFireFly Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 4.999999 million.FireFly Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 4.999999 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,941,176 Price\Range: AUD 1.7
New Risk • Dec 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 17% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 17% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$20m net loss in 3 years). Shareholders have been diluted in the past year (21% increase in shares outstanding).
Price Target Changed • Nov 19Price target increased by 9.2% to AU$1.88Up from AU$1.73, the current price target is an average from 6 analysts. New target price is 8.5% above last closing price of AU$1.74. Stock is up 58% over the past year. The company is forecast to post a net loss per share of AU$0.029 next year compared to a net loss per share of AU$0.021 last year.
Breakeven Date Change • Nov 19No longer forecast to breakevenThe 7 analysts covering FireFly Metals no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$21.7m in 2028. New consensus forecast suggests the company will make a loss of AU$16.7m in 2028.
Board Change • Nov 04Less than half of directors are independentFollowing Director Leanne Heywood's arrival on 01 November 2025, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Renee Roberts was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 03FireFly Metals Ltd Announces Appointment of Leanne Heywood as an Independent Non-Executive DirectorFireFly Metals Ltd. announced the appointment of highly regarded resources executive and company director Leanne Heywood as an Independent Non-Executive Director. Ms Heywood, who is a Fellow of accounting body CPA Australia, has significant experience as an international executive in the mining sector. Most recently, she held a senior international copper marketing role with Rio Tinto Limited and, prior to that, she was Chief Financial Officer of a copper mine in the Rio Tinto portfolio. Ms Heywood currently serves as a Non-Executive Director of Deterra Royalties Limited (ASX: DRR), Snowy Hydro Limited, Lotus Resources Limited (ASX: LOT), Advanced Energy Minerals, Denison Gas Limited and The Royal Flying Doctor Service of Australia (South Eastern Section). She previously served as a Non-Executive Director of MAC Copper Limited before its US$1.0 billion takeover by Harmony Gold Mining Company Limited in October 2025, and served as Non-Executive Director and Chair of the Audit Committee at Arcadium Lithium plc, prior to its acquisition by Rio Tinto in March 2025. Ms Heywood was New South Wales Business Woman of the Year in 2019 and in 2021 was awarded the Medal of the Order of Australia (OAM). She holds an MBA from the University of Melbourne, is a Graduate of the Australian Institute of Company Directors (GAICD) and a Fellow of CPA Australia.
お知らせ • Oct 27FireFly Metals Ltd Announces Major High-Grade Copper and Gold Exploration Breakthrough At Green BayFireFly Metals Ltd. announced more exceptional drilling results which point to a high-grade mineralised core over a strike length of at least 800m at its Green Bay Copper-Gold Project in Canada. The emerging broad, high-grade copper and gold-rich zone appears to occur where the VMS and FWZ mineralization zones come together. This copper and gold rich zone within the main mineralised envelope continues over 800m strike and remains open with the furthest step out hole of 49.0m @ 6.1% CuEq (4.9% Cu & 1.3 Au) in hole MUG25-202 (39.2m true thickness), and includes an even higher-grade zone of 14.3m @ 13.7% CuEq. This is the furthest step-out hole to date, over 650m from the mineralization the subject of the previous Mineral Resource Estimate in October 2024. Recent drilling into the core trend confirms a zone in which the FWZ is well developed directly beneath the upper VMS leading to thick continuous high-grade intersections including 43.6m @ 7.6% CuEq. This included an exceptionally rich upper massive sulphide zone of 14.9m @ 16.0% CuEq (11.5% Cu & 5.0g/t Au). Importantly, a strong conductive DHEM anomaly extends a further 350m beyond this drill hole and points to the potential for future down-plunge extensions. Infill drilling continues to confirm the presence of strong and consistent mineralization in areas previously subject to wide-spaced drilling. Drilling of the upper high-grade copper and gold VMS lenses has returned exceptional intersections, including 16.0m @ 13.5% CuEq, 10.1m @ 9.2% CuEq and 4.1m @ 17.4% CuEq (all approximate true thickness). Additional drilling of the broad copper stringer FWZ continues to highlight thick zones of mineralization that are likely suitable for large-scale bulk mining. Infill intersections returned recently include exceptional results such as 82.8m @ 2.5% CuEq, 31.0m @ 5.0% CuEq and 22.0m @ 4.5% CuEq.
お知らせ • Oct 16Firefly Metals Ltd Announces High-Grade Copper and Gold Intersections Extend Known Mineralisation At Green Bay by 650MFireFly Metals Ltd. announced exceptional drill results which extend the known mineralisation by more than 650m beyond the Mineral Resource at its Green Bay Copper-Gold Project. The furthest drillhole recently completed from the northern end of the 805L exploration drive intersected 49.0m @ 6.1% CuEq (~39.2m true thickness). The extensive six-rig underground drill campaign continues at the Ming Mine with the dual objectives of growing the current Mineral Resource and, most importantly, upgrading more of the Inferred Resources to the comparable more valuable Measured and Indicated (M&I) Mineral Resource categories. Key intersections include (All ~ true thickness): 14.1m @ 0.9% Cu, 3.2g/t Au, 11.9g/t Ag, 0.74% Zn (3.7% CuEq) from 567.1m (VMS-style) including: 1.8m @ 1.8% Cu, 15.9g/t Au, 39.4g/t Ag, 0.,78% Zn (15.2% CuEq) from five67.1m (V MS-style) including: 1.,8m @ 1.8m @ 1.,8% Cu, 15. 9g/t Au, 39.,4g/t Ag,0.78% Zn (15.,2% CuEq)from 567.1m, 4.4m @ 1.8%Cu, 2.8g/t Au, 18.9g/t Ag., 1.1% Zn (4.4% CuEq) from 674.1m, 27.0m @ 1.8% Co, 0.1g/t Au, 1.9g/t Ag), 0.08% Zn (1.9% CuEq) from 708.2m (FW Stringer-style) Forward Work Plans: Near-term drilling activities at the Green Bay Copper-Gold Project will continue to focus on three key areas: Upgrading the Mineral Resource (with infill drilling results), Mineral Resource Growth, and NewDiscoveries from both underground and surface. As at 11 October 2025, the Company had completed ~126,877m of underground diamond drilling. Development of additional platforms for further ongoing exploration and infill drilling will continue at Ming Mine throughout 2025. Upgrading the Mineral Resource Estimate remains a key priority for the Company's plans to resume upscaled mining at Green Bay. Infill drilling will upgrade the Inferred Resource (34.5Mt @ 2.0% CuEq) to the higher quality Measured and Indicated (M&I) Resource category which currently stands at 24.4Mt @ 1.9% CuEq.6 Based on results to date, it is likely that the amount of mineralisation classified as M&I will increase in the Mineral Resource Estimate update planned to be released later in the current quarter. FireFly has not adjusted assay data and is not aware of any adjustments made by Rambler to the assay data. WSP completed an independent audit in 2018 where a representative number of assay certificates were compared to digital assay database and no assay database and no assay results from this announcement showing the 650m step-out from the previously released October 2024 Mineral Resource Estimate. Key intersections include (All - true thickness): 14.1 m @ 0.9% CuEq): 14.1m @0.9% Cu, 3.,2g/t Au, 3.7g/t Ag, 0".
お知らせ • Sep 24FireFly Metals Ltd, Annual General Meeting, Nov 20, 2025FireFly Metals Ltd, Annual General Meeting, Nov 20, 2025.
お知らせ • Sep 02FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 54.94171 million.FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 54.94171 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 28,064,281 Price\Range: AUD 0.96 Discount Per Security: AUD 0.062016 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 29,166,667 Price\Range: AUD 0.96 Discount Per Security: AUD 0.062016 Transaction Features: Subsequent Direct Listing
お知らせ • Jul 18FireFly Metals Ltd Announces Extremely High-Grade Assays from Its Green Bay Copper-Gold ProjectFireFly Metals Ltd. announced extremely high-grade assays from its Green Bay Copper-Gold Project. There are two distinct styles of mineralisation at the Ming underground mine at Green Bay. One comprises the upper copper-gold rich Volcanogenic Massive Sulphide (VMS) lenses. This sits above a broad copper stringer zone known as the Footwall Zone (FWZ). An extensive eight-rig drill campaign is underway with the dual objectives of growing the current Mineral Resource and upgrading more of the Inferred Resources to the comparatively more valuable Measured and Indicated (M&I) categories. From the results in this announcement, the Company anticipates strong growth in the M&I portion of the Mineral Resource when it next releases the Mineral Resource Estimate later in 2025. This is important because the higher-confidence M&I categories of Mineral Resources will underpin upscaled mining studies scheduled for completion in early 2026. The current Mineral Resource stands at 24.4Mt @ 1.9% for 460Kt CuEq of M&I Resources and a further 34.5Mt @ 2.0% for 690Kt CuEq of Inferred Resources. Drilling continues to demonstrate continuity of the high-grade copper-gold rich VMS mineralisation, with key intersections including 11.6m @ 9.3% CuEq, 14.6m @ 6.7% CuEq, 14.9m @ 5.5% CuEq and 5.5m @ 7.1% CuEq (~ true widths). Infill drilling of the broad copper-rich zone repeatedly intersected thick and continuous zones exceeding 2% copper. Highlights include 26.2m @ 5.3% CuEq, 24.1m @ 3.7% CuEq and 9.5m @ 6.4% CuEq (~ true widths). The development of phase two of the 805 exploration drive has now been completed. Two drill rigs have been mobilised to the northern extent of the platform to test for extensions of mineralisation more than 400m beyond the extent of the current Mineral Resource. A second surface diamond drill rig is now on site to accelerate the regional discovery campaign. Both rigs will systematically test geophysical anomalies generated by the Company's airborne VTEM surveys. Further results from Rambler Main Mine are expected in the coming weeks following the initial intersections4 of 10m @ 6.4% CuEq (5.7g/t Au & 1.3% Cu) and 12.9m @ 4.3% CuEq (4.2g/t Au & 0.5% Cu). Engineering studies into the resumption of upscaled production from the Ming Mine are well underway. Sector-leading consultants including Entech Mining, Ausenco and Stantec have been engaged to contribute to the studies. Comprehensive metallurgical test results completed by the Company are expected in the coming weeks. In March 2025, FireFly submitted a registration document (EA Registration) with the Newfoundland and Labrador Department of Environment and Climate Change for environmental assessment of the upscaled Green Bay Copper-Gold Project. Following review of the upscaled Green Bay project by both Provincial and Federal regulators, the Company has been notified by the Government of Newfoundland and Labrador that no further detailed environmental or socio-economic assessment is required for the upscaled project to proceed. This conditional release from further environmental assessment will enable the Company to apply for permits to commence early works and construction. FireFly is well funded to accelerate its growth campaign and engineering studies with a recent well supported equity raising which has strengthened the Company's balance sheet, with anticipated cash and liquid investments of ~AUD 145 million, subject to receiving shareholder approval of the issue of securities for the second tranche of the Institutional Placement6 for net proceeds of ~$26.6 million. Drilling at the Ming underground copper-gold mine recommenced following the acquisition of the Green Bay Copper-Gold Project by FireFly in October 2023. In total, the Company has completed ~99,700m of underground diamond drilling to 30 June 2025. Assays have been received for 192 underground holes drilled by FireFly. Logging and analysis of additional drill holes is ongoing, with details to be reported regularly as results are received. This announcement contains the results of 59 drill holes. The drilling reported is predominantly infill drilling as well as drilling of holes targeting the lateral margins of the mineralisation. There are two distinct styles of mineralisation present at the Green Bay Ming Mine, consisting of a series of upper copper-gold rich Volcanogenic Massive Sulphide (VMS) lenses underlain by a broad copper stringer zone, known as the Footwall Zone (FWZ).
New Risk • Jul 04New major risk - Revenue and earnings growthEarnings have declined by 33% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 33% per year over the past 5 years. Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m.
Breakeven Date Change • Jun 30Forecast to breakeven in 2028The 6 analysts covering FireFly Metals expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$154.6m in 2028. Average annual earnings growth of 53% is required to achieve expected profit on schedule.
New Risk • Jun 22New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m.
お知らせ • Jun 20FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of CAD 25.8 million.FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of CAD 25.8 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 30,000,000 Price\Range: CAD 0.86 Discount Per Security: CAD 0.043 Transaction Features: Subsequent Direct Listing
お知らせ • Jun 13FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 11.248594 million.FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 11.248594 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 7,559,539 Price\Range: AUD 1.488 Discount Per Security: AUD 0.0744 Security Features: Flow-Through Transaction Features: Subsequent Direct Listing
New Risk • Jun 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 3.5% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$15m net loss in 2 years). Shareholders have been diluted in the past year (17% increase in shares outstanding).
お知らせ • Jun 06+ 2 more updatesFireFly Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 29.9 million.FireFly Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 29.9 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 31,145,833 Price\Range: AUD 0.96 Discount Per Security: AUD 0.048 Transaction Features: Subsequent Direct Listing
お知らせ • Jun 05+ 1 more updateFireFly Metals Ltd announced that it expects to receive AUD 43.1 million in funding from Canaccord Genuity (Australia) Limited and other investors.FireFly Metals Ltd announced that it has entered into the agreement for private placement to issue ordinary share for the proceeds of AUD 43,100,000 on June 4, 2025. The transaction involves participation of Canaccord Genuity as a new investor. The transaction consists of charity flow-through placement of AUD 11,200,000 and and an institutional placement of AUD 26,900,000. The company will also will also undertake a retail share purchase plan (“SPP”) of up to AUD 5,000,000 (with the ability to accept oversubscriptions, at the discretion of the Company). The transaction is expected to close on June 13, 2025.
お知らせ • May 16Firefly Metals Ltd. Announces First Drilling in New Area Hits High-Grade VMS MineralisationFireFly Metals Ltd. announced that the company's first drilling in new area hits high-grade VMS mineralisation. The exceptional results highlight potential for a repeat of the Green Bay Project's high grade large scale Ming Mine. FireFly's maiden drilling program at the historical Rambler Main Mine within Green Bay has returned high-grade gold-copper-zinc intersections. Initial drilling targeted down-plunge extensions, with the first two drill holes returning exceptional intersections of: 10.0m @ 6.4% CuEq(5.7g/t Au, 1.3% Cu, 1.7% Zn & 20.9g/t Ag) in hole FFR25-001 (approximately true thickness); 12.9m @ 4.3% CuEq (4.2g/t Au,0.5% Cu, 1.5% Zn & 10.9g/t Ag). These step-out holes have extended the known mineralisation more than 200m beyond the limit of historical mining and it remains open down plunge. The results show Rambler Main shares many 'look-alike' features with the rich Ming Mine approximately 2km away, including the nature of the down-plunge extension from historical mining and the fact that the mineralisation remains open. This mineralisation at Rambler Main is also part of the same camp-scale Volcanogenic Massive Sulphide (VMS) system that formed the Ming deposit with the mineralisation located on the same geological contact. Given the strength of these results and the key similarities with Ming, there is clearly potential for Rambler Main to be an important source of Mineral Resource growth at Green Bay. A similar surface drilling program has also been conducted at the nearby historical East Mine, with results expected soon. The surface drill rig is now back at Rambler Main testing for further depth extensions of the gold-copper-z Inc. These programs are aimed at growing the overall Mineral Resource by unlocking the camp-scale potential at Green Bay. Rambler Main was mined to 200m below surface between 1964 and 1967, with historical records indicating production of 440kt @ 1.3% copper, 4.7g/t gold and 2.2% zinc. The Green Bay Mineral Resource Estimate stands at 24.4Mt at 1.9% CuEq Measured & Indicated Resource and 34.5Mt at 2.0% CuEq Inferred Resource; see ASX announcement dated 29 October 2024. The Company remains well funded for its accelerated growth strategy with CAD 68.5 million in cash, receivables and liquid investments at 31 March 2025. The value of any Mineral Resource additions close to the Ming Mine is enhanced by the potential to share infrastructure, with economic studies into the upscaled restart of operations in progress and expected for completion later in 2025. The surface exploration campaign is in full swing with assays pending for drilling completed recently at the nearby historical East Mine. The drill rig has now returned to the Rambler Main mine, with deeper step-out drilling underway to test for further extensions. Significant assay results are presented in Appendix B of this announcement.
お知らせ • May 07Firefly Metals Ltd. Announces Green Bay Copper-Gold Project, CanadaFireFly Metals Ltd. announced that it plans to accelerate underground drilling ahead of mining studies with a sixth underground rig due on site in late May. Drilling at the Ming underground copper-gold mine recommenced following the acquisition of the Green Bay Copper-Gold Project by FireFly in October 2023. In total, the Company has completed ~79,200m of diamond core drilling to date from underground development. Resource Extension Drilling from the 805L Exploration Drive: Drilling from the northern section of the 805L drill drive has to date focused on extensional drilling outside of the current Mineral Resource, which currently stands at 24.4Mt at 1.9% CuEq Measured & Indicated Resource and 34.5Mt at 2.0% CuEq Inferred Resource. Near-term drilling activities at the Green Bay Copper- Gold Project will continue to focus on three key areas: Mineral Resource Growth, Upgrading the Mineral Resource (infill) and NewDiscoveries. Step-out drilling reported in this announcement demonstrates the growth potential at Ming Mine, with mineralisation now confirmed more than 200m from the limits of the current Mineral Resource. During 2025, FireFly will continue with its low-cost rapid Mineral Resource growth strategy, with the underground exploration drill drive continuing to be extended to allow effective drill testing down plunge as well as discovery drilling utilising Down Hole Electromagnetics (DHEM) for new parallel and repeat lodes at the Ming deposit. Due to the exceptional results achieved to date, the Company has decided to accelerate the drill program by contracting a sixth underground drill, which is anticipated to arrive at Green Bay in late May 2025. To date, ~79,200m of the planned 130,000m drill program has been completed. The remainder of the underground drill program for 2025 has three clear strategic components: Mineral Resource extension: Test the down-plunge continuation of both the high-grade copper-gold VMS zones and the broad footwall copper stringer zone: 35,000m of drilling; Work on engineering studies continues to evaluate various scenarios for an up-scaled restart to operations, which will incorporate the expected 2025 Mineral Resource Estimate updates once finalised. With the huge success of the drilling programs to date, the Company does not want to limit the size of any future potential up-scaled mining operation until it has completed the next phase of growth drilling. The Green Bay Copper-Gold Project currently hosts a Mineral Resource prepared in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code 2012) and Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects (NI 43-101) of 24.4Mt of Measured and Indicated Resources at 1.9% for 460Kt CuEq and 34.5Mt of Inferred Resources at 2% for 690Kt CuEq. The Company has a clear strategy to rapidly grow the copper-gold Mineral Resource to demonstrate a globally significant copper-gold asset. FireFly has commenced a 130,000m diamond drilling program.
お知らせ • Mar 25+ 1 more updateFireFly Metals Ltd Announces Drilling Results at the Green Bay Copper-Gold ProjectFireFly Metals Ltd. announced further exceptional drilling results at the Green Bay copper-gold project. There are two distinct styles of mineralisation at the Ming underground mine at Green Bay. One comprises the upper copper-gold rich Volcanogenic Massive Sulphide lenses. This sits above a broad copper stringer zone known as the Footwall Zone. Drilling from the 805 Exploration drive continues to demonstrate continuity of the high-grade copper-gold rich VMS mineralisation, with key intersections including 14.2m @ 7.5% CuEq, 14.5m @ 4.6% CuEq, 9.0m @ 5.5% CuEq and 19.0m @ 3.8% CuEq (approximately true widths). Infill drilling of the broad copper-rich zone exceeded expectations, with thick and continuous zones exceeding 2% copper routinely intersected. Highlights include 50.9m @ 2.6% CuEq, 46.8m @ 2.2% CuEq and 66.8m @ 2.1% CuEq (approximately true widths). These results are important because they highlight the potential for significant increases in the highly valuable Measured and Indicated Resource which will form the basis for future economic studies into the upscaled resumption of production at the Ming Mine. The current Resource stands at 24.4Mt @ 1.9% CuEq M&I and a further 34.5Mt @ 2.0% CuEq in the Inferred category. Furthermore, a surface rig is currently drilling high priority targets close to the Ming Mine. Close- spaced ground geophysics is in progress, further defining electromagnetic anomalies generated by the lease-wide airborne VTEM survey conducted during 2024. The first drill assay results are likely to be received during the June 2025 quarter. Drilling at the Ming underground copper-gold mine recommenced following the acquisition of the Green Bay copper-gold project by FireFly in October 2023. In total, the Company has completed ~67,000m of diamond core drilling to date from underground development. Assays have been received for the first 138 holes drilled by FireFly. Logging and analysis of additional drill holes is ongoing, with details to be reported regularly as results are received. There are two distinct styles of mineralisation present at the Green Bay Ming Mine, consisting of a series of upper copper-gold rich Volcanogenic Massive Sulphide lenses underlain by a broad copper stringer zone, known as the Footwall Zone (FWZ). The Footwall Zone is extensive, with the stringer mineralisation observed over thicknesses of ~150m and widths exceeding 200m. The known strike of the mineralisation defined to date is 2.1km and it remains open down-plunge. Five drill rigs are currently operating underground, with the focus split between both extension /exploration (two rigs) and resource conversion drilling (three rigs). Drilling from the 805L drill drive focused primarily on upgrading the data density in the high-grade copper-gold dominated VMS lenses defined by previously reported exploration drilling. The results demonstrate strong continuity and consistent high grades in the Ming North and South VMS lenses. Significant intersections2 from Resource definition drilling completed from the exploration drive include, but are not limited to: Hole MUG24-125 intersected predominantly massive sulphide with minor sulphide stringers 14.2m @ 5.72% Cu, 2g/t Au, 9.6g/t Ag, 0.17% Zn (7.5% CuEq) from 184.4m (VMS-style), Hole MUG24-102 includes multiple mineralised zones consisting of an upper massive sulphide zone and a further zone of massive sulphide intercalated with FWZ style stringers 14.5m @ 3.4% Cu, 1.3g/t Au, 7.5g/t Ag, 0.2% Zn (4.6% CuEq) from 190.5m (VMS-style). 13.1m @ 2.1% Cu, 0.2g/t Au, 2.4g/t Ag, 0.11% Zn (2.3% CuEq) from 213.1m (VMS /Stringer-style). Hole MUG24-106 includes a thick consistent copper-gold VMS zone. 9m @ 4.5% Cu, 1.2g/t Au, 13.0g/t Ag, 0.2% Zn (5.5% CuEq) from 196.5m (VMS-style). Hole MUG24-110 intersected an upper VMS zone followed by multiple lower FWZ stinger zones. 10.3m @ 3.0% Cu, 0.8g/t Au, 6.8g/t Ag, 0.1% Zn (3.7% CuEq) from 203.7m (VMS-style). 38.0m @ 1.9% Cu, 0.2g/t Au, 2.3g/t Ag, 0.03% Zn (2.1% CuEq) from 231.6m (FW Stringer-style), including: 7.8m @ 5.6% Cu, 0.5g/t Au, 7.2g/t Ag, 0.06% Zn (6.1% CuEq) from 231.6m. Hole MUG24-114 includes a wide upper VMS zone grading into sulphide stringers. 19m @ 2.9% Cu, 1.0g/t Au, 7.6g/t Ag, 0.14% Zn (3.8% CuEq) from 225m (VMS-stringer style). Hole MUG24-116 intersected high-grade VMS. 3.4m @ 4.8% Cu, 0.4g/t Au, 8.4g/t Ag, 0.13% Zn (5.2% CuEq) from 261.2m (VMS-style). Hole MUG24-121 intersected a copper-gold VMS zone grading. 6.3m @ 3.0% Cu, 0.9g/t Au, 4.9g/t Ag, 0.11% Zn (3.8% CuEq) from 198.6m (VMS-style). Resource Conversion Drilling from the 830 Level, Assays were received for three drill holes completed from the historically mined 830 Level.
お知らせ • Feb 12Firefly Metals Ltd Announces Further Exceptional Drilling Results at the Green Bay Copper-Gold ProjectFireFly's six-rig drilling campaign at Green Bay continues to generate extremely high-grade results. The latest results support the strategy to create value by extending the known mineralisation, upgrading Inferred Resources to the more valuable Measured & Indicated categories and making new discoveries; This is aimed at establishing a global-scale project in a tier-one location, in turn aiming for further share price re-rating. The latest exceptional assays from drilling at the Ming Mine within the Green Bay Project will form part of the next Mineral Resource update (currently 24.4Mt at 1.9% CuEq Measured & Indicated Resource and 34.5Mt @ 2% CuEq Inferred Resource; see ASX announcement 29 October 2024). There are two distinct styles of mineralisation at Ming; upper copper-gold rich Volcanogenic Massive Sulphide lenses above a broad copper footwall stringer zone ('FWZ') Drilling from the 805 exploration drive continues to deliver high-grade intersections from the copper-gold VMS, including (true thickness): 10.7m @ 12.2% CuEq (9.0% Cu & 3.9g/t Au) in hole MUG24-095; 17.3m @ 7.4% CuEq (7.0% Cu & 0.4g/t Au) in holes MUG24-089; 12.5m @ 4.2% Cu & 2.6g/t Au) in Hole MUG24-089; 2.3m @ 12.4% CuEq1 (8.2% Cu & 4.9g/t Au). Drilling on the northern margins of the Mineral Resource continues to return thick and consistent drill intersections which confirm strong FWZ mineralisation directly below the high-grade VMS: 58.2m @ 3.1% CuEq (2.4% Cu & 0.7g/t Au) inhole MUG24-083(true thickness). Intersection includes a distinct VMS lode grading 5.0m @ 6.7% CuEq above a broad copper FWZ intersection with internal high-grade zones including 9.2m @ 5.0% CuEq and 5.2m @ 3.3% CuEq. The intersection in hole MUG24-083 is directly along strike of previously-reported thick high-grade intersections: 86.3m @ 3.7% CuEq (3.1% Cu & 0.6g/t Au). 76.3m @ 2.9% CuEq (2". Importantly these intersections conclusively prove that previously reported downhole EM geophysical anomalism is associated with copper and gold mineralisation. Infill drilling has commenced with the aim of creating value by converting Inferred Resources to the Measured and Indicated categories for inclusion in future mining studies. A fifth underground drill rig is currently being mobilized to site to fast-track drilling; Downhole geophysics is ongoing; Surface exploration drilling is underway using the sixth rig and will test high priority near mine targets with first results anticipated in the March quarter; The Company remains well funded for its accelerated growth strategy with $84.1 million in cash, receivables and liquid investments at 31 December 2024. Near-term drilling activities at the Green Bay Copper-Gold Project will continue to focus on three key areas: Mineral Resource Growth, Upgrading the Mineral Resource (infill) and NewDiscoveries. Drilling reported in this announcement confirms strong continuity of mineralisation at the Ming Mine.
New Risk • Jan 07New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: AU$22m Forecast net loss in 3 years: AU$17m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$17m net loss in 3 years). Significant insider selling over the past 3 months (AU$9.0m sold).
お知らせ • Dec 18FireFly Metals Ltd Appoints Laura Noonan-Crowe as Company Secretary, Effective from 15 January 2025FireFly Metals Ltd. announced that it has appointed highly experienced commercial lawyer Laura Noonan-Crowe as General Counsel and Company Secretary, effective from 15 January 2025. Ms. Noonan-Crowe has 17 years' experience in the resources industry and brings a wealth of knowledge in TSX compliance, corporate governance, and mining industry mergers and acquisitions. She was most recently the General Counsel and Company Secretary, Australia for Karora Resources Inc. In this role, Ms. Noonan-Crowe established the legal function in Australia and managed Environment, Social and Governance reporting and initiatives. Ms. Noonan-Crowe previously held senior legal roles at gold mining majors Northern Star Resources, where she also served as Company Secretary to Committees of the Board of Directors, and Gold Fields Ltd. Ms. Noonan-Crowe commenced her career at Minter Ellison Lawyers. Ms. Noonan-Crowe holds a Bachelor of Laws and Bachelor of Arts from the University of Western Australia, has been admitted to the Supreme Court of Western Australia, and holds a current practising certificate issued by the Legal Practice Board of Western Australia. Ms. Noonan-Crowe is a member of the Australian Institute of Company Directors. Ms. Maddison Cramer will step down as FireFly Company Secretary on 15 January 2025.
Recent Insider Transactions • Dec 14MD & Executive Director recently sold AU$6.0m worth of stockOn the 13th of December, Stephen Parsons sold around 5m shares on-market at roughly AU$1.10 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$9.0m more than they bought in the last 12 months.
お知らせ • Nov 06FireFly Metals Ltd (ASX:FFM) completed the acquisition of Tilt Cove Gold Corp from Signal Gold Inc. (TSX:SGNL) for CAD 4.35 million.FireFly Metals Ltd (ASX:FFM) entered into an agreement to acquire Tilt Cove Gold Corp from Signal Gold Inc. (TSX:SGNL) for CAD 4.35 million on November 4, 2024. As part of consideration Signal Gold Inc. will receive CAD 0.57 million in cash and 2,317,869 common shares of FireFly with a value of CAD 2.5 million based on the 10-day volume weighted average price of FireFly’s shares on the Australian Stock Exchange at the time of signing the SPA. Signal Gold will also receive a milestone payment of CAD 1 million (in shares or cash at the sole option of FireFly) if FireFly announces a mineral resource estimate, in any category, of at least 500,000 ounces of gold equivalent ounces at a grade of at least 1.0 grams per tonne gold equivalent at the Tilt Cove Project. The expected completion of the transaction is by mid November 2024. FireFly Metals Ltd (ASX:FFM) completed the acquisition of Tilt Cove Gold Corp from Signal Gold Inc. (TSX:SGNL) on November 5, 2024.
お知らせ • Nov 05FireFly Metals Ltd (ASX:FFM) entered into an agreement to acquire Tilt Cove Gold Corp from Signal Gold Inc. (TSX:SGNL) for CAD 4.35 million.FireFly Metals Ltd (ASX:FFM) entered into an agreement to acquire Tilt Cove Gold Corp from Signal Gold Inc. (TSX:SGNL) for CAD 4.35 million on November 4, 2024. As part of consideration Signal Gold Inc. will receive CAD 0.57 million in cash and 2,317,869 common shares of FireFly with a value of CAD 2.5 million based on the 10-day volume weighted average price of FireFly’s shares on the Australian Stock Exchange at the time of signing the SPA. Signal Gold will also receive a milestone payment of CAD 1 million (in shares or cash at the sole option of FireFly) if FireFly announces a mineral resource estimate, in any category, of at least 500,000 ounces of gold equivalent ounces at a grade of at least 1.0 grams per tonne gold equivalent at the Tilt Cove Project. The expected completion of the transaction is by mid November 2024.
Breakeven Date Change • Oct 29Forecast to breakeven in 2027The 4 analysts covering FireFly Metals expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$26.7m in 2027. Average annual earnings growth of 56% is required to achieve expected profit on schedule.
New Risk • Oct 17New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: AU$22m Forecast net loss in 3 years: AU$19m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (83% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (AU$19m net loss in 3 years).
Breakeven Date Change • Oct 17No longer forecast to breakevenThe 4 analysts covering FireFly Metals no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$20.1m in 2027. New consensus forecast suggests the company will make a loss of AU$20.1m in 2027.
お知らせ • Sep 27+ 1 more updateFireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 65 million.FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 65 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 68,421,053 Price\Range: AUD 0.95 Discount Per Security: AUD 0.0475 Transaction Features: Subsequent Direct Listing
お知らせ • Sep 20FireFly Metals Ltd, Annual General Meeting, Nov 19, 2024FireFly Metals Ltd, Annual General Meeting, Nov 19, 2024.
Breakeven Date Change • Sep 20Forecast to breakeven in 2027The 4 analysts covering FireFly Metals expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 22% per year to 2026. The company is expected to make a profit of AU$19.7m in 2027. Average annual earnings growth of 55% is required to achieve expected profit on schedule.
Price Target Changed • Sep 19Price target increased by 7.6% to AU$1.41Up from AU$1.31, the current price target is an average from 4 analysts. New target price is 37% above last closing price of AU$1.03. The company is forecast to post a net loss per share of AU$0.044 next year compared to a net loss per share of AU$0.069 last year.
New Risk • Sep 09New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: AU$22m Forecast net loss in 3 years: AU$7.5m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (171% increase in shares outstanding). Revenue is less than US$1m (AU$470k revenue, or US$313k). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (AU$7.5m net loss in 3 years).
Breakeven Date Change • Sep 09No longer forecast to breakevenThe 4 analysts covering FireFly Metals no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$96.1m in 2027. New consensus forecast suggests the company will make a loss of AU$7.50m in 2027.
お知らせ • Jul 22FireFly Metals Ltd Appoints Renée Roberts as Non-Executive Director, Effective 23 July 2024FireFly Metals Ltd. announced that it continues to broaden the skills and expertise of its Board and Management team with the appointment of highly experienced company director and finance industry executive Renée Roberts as a Non-Executive Director, effective 23 July 2024. Ms. Roberts has previously held C-Suite roles at large corporations including National Australia Bank, QBE, Bank of New Zealand and the Australian Prudential Regulatory Authority. Ms. Roberts has considerable experience in risk management, financial services, governance, regulation, transformation, technology and digitisation, business growth and efficiency, strategic leadership, operations, strategy development and execution. She is currently a Director of Collingwood Football Club and Chair of the Club's Risk and Integrity Committee. Ms. Roberts holds a Master of Applied Finance and Bachelor of Business and studied the advanced management program at Harvard Business School.
Breakeven Date Change • Jun 30Forecast to breakeven in 2027The 4 analysts covering FireFly Metals expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$96.1m in 2027. Average annual earnings growth of 55% is required to achieve expected profit on schedule.
お知らせ • May 25FireFly Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 61.FireFly Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 61. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 100 Price\Range: AUD 0.61 Transaction Features: Rights Offering
お知らせ • Apr 20FireFly Metals Ltd, Annual General Meeting, May 20, 2024FireFly Metals Ltd, Annual General Meeting, May 20, 2024, at 08:30 W. Australia Standard Time. Location: Quest Kings Park, 54 Kings Park Road West Perth WA 6005 West Perth Australia Agenda: To consider the Ratification of prior issue of Gold Hunter Shares; to consider Ratification of prior issue of Charity FT Placement Shares; to consider the Ratification of prior issue of Traditional FT Placement Shares; to consider the Ratification of prior issue of T1 Placement Shares; and to consider the Approval of issue of T2 Placement Shares.
お知らせ • Mar 29FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 38.688547 million.FireFly Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 38.688547 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 39,271,097 Price\Range: AUD 0.61 Discount Per Security: AUD 0.028243 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 24,152,751 Price\Range: AUD 0.61 Discount Per Security: AUD 0.028243 Transaction Features: Subsequent Direct Listing
お知らせ • Mar 27FireFly Metals Ltd completed the acquisition of 1451366 B.C. Ltd. from Gold Hunter Resources Inc. (CNSX:HUNT) for CAD 18.3 million.FireFly Metals Ltd signed an agreement to acquire 1451366 B.C. Ltd. from Gold Hunter Resources Inc. (CNSX:HUNT) for CAD 17 million on December 21, 2023. In the Transaction, Gold Hunter has agreed to sell all Shares to Firefly in exchange for the issuance of 30.290624 million Firefly Shares at a deemed issue price of CAD 0.498 per Firefly Share representing an amount equal to CAD 15 million to be issued at Closing and comprising CAD 0.5 million in cash. Contemporaneously with the completion of the SPA, the Company will also discharge an existing Gold Hunter liability of CAD 1.5 million, which will be satisfied through the issue of Shares issued on the same terms as the Consideration Shares. Upon the Closing, the Subsidiary will become a wholly owned subsidiary of Firefly. Completion of the Transaction is contingent on several conditions, including, necessary regulatory, shareholder and third-party approvals. A special meeting of its shareholders will be convened to seek approval, by special resolution, of the Transaction. The Company will promptly prepare and circulate a notice of Special Meeting and information circular to Company Shareholders with details regarding the Transaction, the Transaction Resolution, and instructions with respect to voting at and attending the Special Meeting. The shareholders of Gold Hunter Resources approved the transaction at annual general and special meeting of shareholders held on March 15, 2024. Completion of the Arrangement remains subject to receipt of the court order (the 'Court Order') of the Supreme Court of British Columbia and certain other customary closing conditions. Canaccord Genuity Group Inc. (TSX:CF) acted as Financial Adviser to Firefly Metals Ltd.FireFly Metals Ltd completed the acquisition of 1451366 B.C. Ltd. from Gold Hunter Resources Inc. (CNSX:HUNT) for CAD 18.3 million on MARCH 26, 2024. Consideration is paid through issuance to Gold Hunter of 30,290,624 common shares in Firefly Metals valued at approximately CAD 15 million.
New Risk • Mar 15New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$22m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$22m free cash flow). Shareholders have been substantially diluted in the past year (135% increase in shares outstanding). Revenue is less than US$1m (AU$180k revenue, or US$119k). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (AU$2.5m net loss in 2 years).
Recent Insider Transactions Derivative • Oct 25Non-Executive Director exercised options to buy AU$1.8m worth of stock.On the 23rd of October, Stephen Parsons exercised options to buy 60m shares at a strike price of around AU$0.01, costing a total of AU$600k. This transaction amounted to 20% of their direct individual holding at the time of the trade. Since March 2023, Stephen has owned 106.75m shares directly. Company insiders have collectively bought AU$880k more than they sold, via options and on-market transactions, in the last 12 months.
お知らせ • Oct 20+ 1 more updateAuteco Minerals Limited Announces Management AppointmentsAuteco Minerals Limited announced that it has completed the acquisition of Rambler Metals and Mining Canada Limited and 1948565 Ontario Inc. (collectively "Rambler Group"). Following completion of the Acquisition, the Company announced two new key executive appointments, Mr. Steve Parsons as Managing Director and Mr. Michael Naylor as Executive Director effective from 20 October 2023. Mr. Parsons has been a Non-Executive Director of the Company since 28 January 2020. A geologist with over 20 years' experience in the mining industry, he has a proven track record of mineral discoveries, corporate growth, international investor relations and creating shareholder wealth. His record also includes advocating for the future generation through ensuring sustainability, diversity and inclusion remain a priority within the mineral industry. Mr. Parsons was the founder and previous managing director of ASX200 companies Bellevue Gold Ltd. and Gryphon Minerals Ltd. Mr. Naylor has been a Non-Executive Director of the Company since 30 November 2018. Mr. Naylor has 27 years' experience in corporate advisory and public company management since commencing his career and qualifying as a chartered accountant with Ernst & Young. Mr. Naylor has been involved in the financial management of mineral and resources focused public companies serving on the board and in the executive management team focusing on advancing and developing mineral resource assets and business development. He was a founder and previous executive director of Bellevue Gold Ltd. and previous executive director of Cygnus Metals Ltd.
New Risk • Oct 19New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 118% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$16m free cash flow). Earnings are forecast to decline by an average of 34% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (118% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$7.6m net loss in 2 years). Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$130.9m market cap, or US$82.9m).
New Risk • Sep 29New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$25m free cash flow). Earnings are forecast to decline by an average of 40% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (AU$7.5m net loss in 2 years). Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (29% increase in shares outstanding). Market cap is less than US$100m (AU$87.8m market cap, or US$56.7m).
お知らせ • Sep 27Auteco Minerals Limited, Annual General Meeting, Nov 23, 2023Auteco Minerals Limited, Annual General Meeting, Nov 23, 2023. Agenda: To consider the re-election of certain directors.
お知らせ • Sep 11Auteco Minerals Limited, Annual General Meeting, Oct 11, 2023Auteco Minerals Limited, Annual General Meeting, Oct 11, 2023, at 14:00 W. Australia Standard Time. Location: The Quest Kings Park, 54 Kings Park Road West Perth Western Australia Australia Agenda: To consider approval of issue of consideration shares; to consider ratification of agreement to issue Tranche 1 Placement Shares under Listing Rule 7.1, 7.1A; to consider approval of issue of Tranche 2 Placement Shares; to consider approval of issue of Director Placement Shares; to consider ratification of prior issue of MOFN Shares; to consider ratification of prior issue of February Placement Shares; and to consider other business issues.
Price Target Changed • Sep 11Price target decreased by 17% to AU$0.13Down from AU$0.16, the current price target is an average from 2 analysts. New target price is 333% above last closing price of AU$0.03. Stock is down 32% over the past year. The company is forecast to post a net loss per share of AU$0.001 next year compared to a net loss per share of AU$0.0018 last year.
Board Change • Sep 04No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Kevin Tomlinson was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 01Auteco Minerals Limited (ASX:AUT) agreed to acquire Green Bay copper-gold project in Newfoundland, Canada from Rambler Metals and Mining Plc for AUD 68 million.Auteco Minerals Limited (ASX:AUT) agreed to acquire Green Bay copper-gold project in Newfoundland, Canada from Rambler Metals and Mining Plc for AUD 68 million on August 31, 2023. The transaction comprises upfront consideration of AUD 35 million in cash and AUD 15M in shares, followed by an additional AUD 7.5M cash payment and AUD 7.5M in shares within 18 months. The transaction will be funded by a minimum AUD 50 million two-tranche placement to be sole lead managed by Canaccord Genuity, and co-managed by Argonaut Securities, Euroz Hartleys, and Shaw and Partners. Transaction is subject to obtaining any third-party consents or approvals, approval of the acquisition and the issuance of a RVO by the CCAA Court, obtaining financing and approval of offer by acquirer shareholder. Canaccord Genuity Group Inc. (TSX:CF) acted as financial advisor, Hamilton Locke Pty Ltd and Osler, Hoskin & Harcourt LLP acted as legal advisor to Auteco Minerals Limited.
New Risk • Jul 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$25m free cash flow). Earnings are forecast to decline by an average of 42% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$7.8m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (AU$90.2m market cap, or US$61.4m).
Price Target Changed • Jan 24Price target decreased by 14% to AU$0.15Down from AU$0.18, the current price target is an average from 2 analysts. New target price is 172% above last closing price of AU$0.057. Stock is down 27% over the past year. The company is forecast to post a net loss per share of AU$0.001 next year compared to a net loss per share of AU$0.0018 last year.
お知らせ • Jan 24Auteco Minerals Limited Announces Further High-Grade Intercepts at Canadian Gold Project in Ontario, CanadaAuTECO Minerals Ltd. reported further high-grade gold intersections at its Pickle Crow Gold Project in Ontario, Canada. The Company recorded exceptional drill results from step-out drilling at the Tyson discovery, with two separate high-grade intersections, 2.7m @ 16.1g/t and 2.3m @ 16.4g/t gold, just slightly apart from each other in hole AUDD0347. These intersections are located ~70 metres along strike of the previously reported zone of 7.8m @ 16.7g/t gold, providing further evidence of broad-scale continuity of mineralisation in the Tyson veins. Furthermore, a new zone of banded iron hosted mineralisation was encountered returning an intersection of 11.9m @ 3.5g/t gold from 432.4m downhole (AUDD0340), which remains open both along strike and at depth. This style of mineralisation has the potential to be extracted by bulk mining methods and is a key part of the AuTECO exploration focus. Other high-grade mineralised intersections from the ongoing drill programme include: 5.7m @ 5.4g/t gold from 415.1m downhole AUDD0344 (Vein 19 Footwall vein - new structure) and 0.4m @ 19.6g/t gold from 390.8m downhole AUDD0339 (Vein 5). Further details on the latest drilling results can be found below. Drilling has commenced on the regional winter exploration programme with two diamond drill rigs currently on site. The firming of ground over winter provides the Company with access to areas across its tenements that are harder to reach in warmer months. The initial focus of the winter exploration programme will follow up significant drill intersections from last year's seasonal campaign at the Talia discovery (5.5m @ 18.0g/t gold) and Cohen-MacArthur, where assays of up to 92g/t gold were returned. Later in the season, the rigs will focus on drill testing the Tarp Lake Shear zone, a major regional gold bearing structure with strong potential for a significant discovery. First assay results from the regional programme are expected before the end of the March quarter. AuTECO intends to continue its dual focus on both in-mine expansion at Pickle Crow and regional exploration to test for further gold mineralisation on the Company's highly prospective 500km of exploration claims to provide the next generation of Resource growth for the Company. This release contains results from near-mine extensional drilling. All work conducted has been outside of the current 2.23Moz at 7.8g/t Inferred Gold Resource. AuTECO manages ~500km2 of tenure in the highly prospective Uchi sub province of the Superior Craton. The holding encompasses the northern portion of the Pickle Lake greenstone belt. The Company continues to pursue a dual track strategy of advancing both the near-mine Resource growth and regional exploration concurrently. Drilling has continued to focus on Resource growth potential in the historic Shaft 1 (Vein 5) and Shaft 3 areas (Tyson) of Pickle Crow. The Tyson vein system is a series of mineralised quartz lodes first discovered by AuTECO in 2021. In May 2022, the Company announced a significant intersection at Tyson in Hole AUDD0266. Multiple significant intersections were returned from the hole, including 7.8m @ 16.7g/t gold. Hole AUDD0347 was drilled ~70 metres along strike of the intersection in Hole AUDD0266 to test continuity. Intersections reported include 2.7m @ 16.1g/t gold from 309.6m, followed by a 7.9-metre low-grade zone, before intersecting a further high-grade intersection of 2.3m @ 16.4g/t gold from 320.2m. This broad zone between 309.6m and 322.5m corresponds with the expected mineralised position interpreted from hole AUDD0266. In October 2022, a step-out hole was drilled to test for continuity and depth extensions of the Tyson veins encountered in previous drilling. Hole AUDD0333 was completed at a depth of 1,263 metres and intersected six zones of veining. Assay results received from AUDD0333 include: 0.4m @ 1,020g/t gold from 809.9m and 2.7m @ 4.7g/t gold from 840.5m. A wedge off the parent hole (AUDD0333-W1) was completed. Results returned from the wedge hole to date include: 1.9m @ 8.6g/t gold from 699.0m and 1.7m @ 4.1g/t gold from 849.1m. Further assay results from the Tyson holes are still pending. A number of holes were drilled south of Shaft 1 to test continuity of Vein 5 mineralisation. Historically, more than 200,000 ounces of gold were extracted from the high-grade Vein 5, with the continuous structure averaging approximately 0.5 metres in width. Previously reported AuTECO drilling included: 0.4m @ 71.9g/t gold from 126.1m AUDD0315; 0.4m @ 29.8g/t gold from 62.9m AUDD0331; 0.4m @ 9.4g/t gold from 152.1m AUDD0338; 1.0m @ 7.2g/t gold from 433.7m AUDD0335; 1.8m @ 5.5g/t gold from 346.0m AUDD0334 and 1.2m @ 5.1g/t gold from 65.8m AUDD0334. Another high-grade assay was received since the previous announcement, demonstrating continuity on the high-grade vein structure: 4m @ 19.6g/t gold from 390.8m downhole AUDD0339. Furthermore, an interpreted banded iron formation was targeted in the Vein 5 area. A broad intersection of 11.9m @ 3.5g/t gold from 432.4m was encountered in hole AUDD0340. The broad intersections demonstrate the potential for bulk mining extraction in the banded iron style of mineralisation. A previously unidentified quartz vein was intersected in the footwall of the Vein 19 quartz vein. The result of 5.7m @ 5.4g/t gold from 415.1m downhole in hole AUDD0344 will be followed up during the summer drill campaign.
分析記事 • Jan 08Here's Why Auteco Minerals (ASX:AUT) Must Use Its Cash WiselyThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
お知らせ • Dec 16Auteco Minerals Ltd Appoints Kevin Tomlinson as Non-Executive DirectorAuTECO Minerals Ltd. announced that Kevin Tomlinson has been appointed a Non-Executive Director of AuTECO, effective 15 December 2022. Mr. Tomlinson has more than three decades' experience in major discoveries, exploration and resource growth, mine development and financing of mining projects globally. He has also played leading roles in many successful mergers and acquisitions. He is currently Independent Non-Executive Chairman of highly successful ASX300 Company Bellevue Gold Limited. Mr. Tomlinson was previously Managing Director of Investment Banking at Westwind Partners and Stifel Nicolaus (2006-2012), raising significant equity and providing M&A corporate advice, and is the former Chair of ASX/TSX-listed Cardinal Resources Ltd, leading its CAD 587 million sale to Shandong Gold. Mr. Tomlinson was also a Non-Executive Director at Centamin Plc, which discovered and built a significant gold mine in Egypt. Mr. Tomlinson is a Fellow of the Chartered Institute of Securities and Investment, a Fellow of the Institute of Directors and a Liveryman of the Worshipful Company of International Bankers (UK). He holds a Bachelor of Science (Honours) and a Masters degree in Structural Geology and has a Graduate Diploma in Finance and Investment, Banking, Corporate, Finance and Securities Law from the Securities Institute of Australia. He is currently a Non-Executive Director of Kodiak Copper Corp. and Churchill Resources Inc.
お知らせ • Nov 22Auteco Minerals Limited Reports Exceptional Drill Results of Up to 1,020g/t At Its Pickle Crow Gold ProjectAuteco Minerals Limited reported exceptional drill results of up to 1,020g/t at its Pickle Crow gold project in Ontario, Canada. These results will form part of the Resource update set for the March quarter of next year. The results are considered particularly important because they are outside the existing Inferred Resource and therefore demonstrate the opportunity to continue growing the Resource. The high-grade Tyson vein system, which was initially identified by AuTECO in October 2021, is expected to be included in the Resource for the first time. A 50,000-metre drill campaign is in progress and anticipated to conclude in early 2023. AuTECO intends to continue the dual focus on both in-mine Resource expansion at Pickle Crow and regional discovery that will provide the next generation of Resource growth for the company. Details of Latest Results: This release contains results from near-mine extensional drilling. All work conducted has been outside of the current 2.23Moz at 7.8 g/t Inferred gold Resource. The results in this release will contribute to a Resource update planned for early 2023. AuTECO manages ~500km2 of tenure in the Pickle Lake district. The Company continues to pursue a dual track strategy of advancing both the near-mine Resource growth and regional exploration concurrently. Near-Mine Results: Drilling has continued to focus on Resource growth potential in the historic Shaft 1 (Vein 5) and Shaft 3 areas (Tyson) of Pickle Crow. Tyson Vein System: The Tyson vein system is a series of mineralised quartz lodes first discovered by AuTECO in 2021 (see ASX release dated 5 October 2021). In October 2022, a step-out hole was drilled to test for continuity and depth extensions of the Tyson veins encountered in previous drilling. Hole AUDD0333 was completed at a depth of 1,263 metres and intersected six zones of veining. Assay results received to date from AUDD0333 include: 0.4m @ 1,020g/t gold from 809.9m; 2.7m @ 4.7g/t gold from 840.5m. A wedge off the parent hole (AUDD0333-W1) is currently in progress. Results returned from the wedge hole to date include: 1.9m @ 8.6g/t gold from 699.0m AUDD0333-W1. The intersection of 0.4m @ 1,020g/t gold represents the highest-grade intersection achieved by AuTECO to date. The intersection was hosted in a quartz-carbonate-tourmaline vein with coarse sulphides in adjacent host rock. Visible gold was observed in the vein, concentrated around chloritic vein margins. Hole AUDD0333 also tested a zone of banded iron formation (BIF) interpreted to the west of the main Tyson vein system. This zone was intersected near the beginning of the hole and contained strong sulphide mineralisation. Assay results for the zone were: · 6.2m @ 3.0g/t gold from 138.8m This demonstrated the potential for mineralisation amenable to bulk mining. Further drilling is planned to test the BIF in this area. Vein 5 Drilling Recent drilling continued to test extensions to the Vein 5 vein structure. Historically, more than 200,000 ounces of gold were extracted from the high-grade vein, with the continuous structure averaging approximately 0.5 metres in width. The recent AuTECO drilling has successfully demonstrated the vein continues along strike beyond the extents of historical mining. Significant intersections include: 0.4m @ 71.9g/t gold from 126.1m AUDD0315; 0.4m @ 29.8g/t gold from 62.9m AUDD0331; 0.4m @ 9.4g/t gold from 152.1m AUDD0338; 1.0m @ 7.2g/t gold from 433.7m AUDD0335; 1.8m @ 5.5g/t gold from 346.0m AUDD0334; 1.2m @ 5.1g/t gold from 65.8m AUDD0334. Additionally, a shallow BIF unit was intersected in drill hole AUDD315. The intersection of 11.0m @ 1.6g/t gold from 32.0m demonstrates potential for open pit mining. Further drilling is planned to follow up this result. FORWARD WORK PLAN: The Company intends to continue with a dual-tracked approach to drilling for the remainder of 2022, with a combination of extensional in-mine Resource growth drilling and regional exploration. AuTECO is in the midst of 50,000m drill campaign, of which ~20,000m is planned for early stage targets outside of the current 2.23Moz Resource. As site accessibility improves in winter, the exploration focus from November 2022 through March 2023 will shift to regional exploration in addition to near mine targets that are inaccessable during summer, such as Tyson. An updated Resource estimate remains on track for delivery in early 2023.
Price Target Changed • Nov 16Price target decreased to AU$0.18Down from AU$0.20, the current price target is an average from 2 analysts. New target price is 227% above last closing price of AU$0.055. Stock is down 29% over the past year. The company is forecast to post a net loss per share of AU$0.001 next year compared to a net loss per share of AU$0.0018 last year.
Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Steve Parsons was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Oct 11Auteco Minerals Ltd Reports Exceptional Sampling Results Just 6Km Form the 2.23Moz Resource At the Pickle Crow Gold Project in Ontario, CanadaAuTECO Minerals Ltd. reported exceptional sampling results just 6km form the 2.23Moz Resource at the Pickle Crow gold project in Ontario, Canada. The results are considered particularly important because they demonstrate the scope to increase the Resource based on regional discoveries as well as ongoing near-mine exploration. A 50,000-metre drill campaign is in progress and anticipated to conclude in early 2023. AuTECO intends to continue the dual focus on both in-mine Resource expansion at Pickle Crow and regional discovery that will provide the next generation of Resource growth for the company. This release contains results from both near-mine and regional exploration activities. All work conducted has been outside of the current 2.23Moz at 7.8 g/t Inferred gold Resource. AuTECO manages ~500km2 of tenure in the Pickle Lake district. The company continues to pursue a dual track strategy of advancing both the near-mine Resource growth and regional exploration concurrently. Regional exploration activities in recent months have focused on regional mapping, sampling and target generation. Due to climatic conditions and snow covering the surface, the field mapping season is between April and October. Extensive mapping and sampling campaigns have been undertaken on the 500km2 of exploration tenure, with a focus on the Tarp Lake and Cohen MacArthur shear zones. Numerous previously unknown veins structures have been identified. Rock chip sampling of veins has yielded highly anomalous results. The Metcalf target, located on the Tarp Lake Shear returned rock chip results including 569.0g/t, 27.4g/t and 9.0g/t gold. This surface vein expression confirms the presence of a significant vein system, with historical drill intersections including 1.8m @ 66.9g/t and 1.8m @ 28.5g/t gold. Approximately 3km south of Metcalf on the Tarp Lake shear, a rock chip sample of 35.5g/t gold was collected from an outcropping vein. These results confirm that the Tarp Lake Shear is a major regional gold bearing structure with strong potential for a significant discovery. Other areas mapped and sampled include Cohen MacArthur target, with anomalous rock chips of up to 3.8g/t gold returned. Preparations are in progress to drill test both the Metcalf, Tarp Lake and Cohen MacArthur propsects during the winter drill campaign. Lease wide collection of magnetic data is in progress over the entire 500km2 of exploration tenure under management by AuTECO. Helicopter based acquisition is being flown conducted at 100 metre line spacing over the regional areas and 50 metre spacing near the main Pickle Crow deposit. Although ~60% complete, preliminary imaging shows a marked improvement in comparison to the existing data set. Drilling has continued to focus on Resource growth potential in the historic Shaft 1 and Shaft 3 areas of Pickle Crow. Recent drilling focused on extensions to the Vein 5 vein structure. Historically, more than 200,000 ounces of gold was extracted from the high-grade vein, with the continuous structure averaging approximately 0.5 metres in width. The recent AuTECO drilling has successfully demonstrated the vein continues along strike beyond the extents of historical mining. Significant intersections include: 0.4m @ 91.0 g/t gold from 149.0m AUDD0319, 0.4m @ 32.2 g/t gold from 30.4m AUDD0327, 1.8m @ 8.3 g/t gold from 50.7m AUDD0330. Near-mine exploration drilling has been conducted to test for mineralisation hosted in banded iron formation (BIF). Mineralisation within the BIF occurs in veins surrounded by a gold-bearing sulphide halo. The widths observed in historical intersections indicate the potential for bulk mining extraction within BIF style mineralisation. Recent BIF-hosted results include: 1.5m @ 20.2 g/t gold from 488.0m AUDD0298 (BIF Hosted), 2.2m @ 5.5 g/t gold from 371.0m AUDD0294 (BIF Hosted),3.8m @ 3.5 g/t gold from 339.2m AUDD0278 (BIF Hosted), 5.0m @ 1.9 g/t gold from 294.0m AUDD0286 (BIF Hosted), 8.0m @ 1.8 g/t gold from 245.0m AUDD0281 (BIF Hosted). The company intends to continue with a dual-tracked approach to drilling for the remainder of 2022, with a combination of extensional in-mine Resource growth drilling and regional exploration. AuTECO is in the midst of 50,000m drill campaign, of which ~20,000m is planned for early stage targets outside of the current 2.23Moz Resource. In order to preserve cash, the number of drill rigs has been reduced to two. As site accessibility improves in winter, the exploration focus from November 2022 through March 2023 will shift to regional exploration in addition to near mine targets that are inaccessable during summer, such as Tyson. An updated Resource estimate remains on track for delivery in early 2023.
分析記事 • Sep 23Auteco Minerals (ASX:AUT) Will Have To Spend Its Cash WiselyThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
お知らせ • Sep 20Auteco Minerals Limited, Annual General Meeting, Nov 18, 2022Auteco Minerals Limited, Annual General Meeting, Nov 18, 2022. Agenda: To consider the re-election and appointment of directors; and to transact such other business matters.
お知らせ • Aug 10Auteco Minerals Limited Announces Joint Company Secretary ChangesAuteco Minerals Limited announced the appointment of Ms. Maddison Cramer as a Company Secretary of AuTECO, effective 10 August 2022. Ms. Cramer will be a Joint Company Secretary with Mr. William Nguyen, the current Joint Company Secretary and Chief Financial Officer. Ms Cramer is a corporate lawyer with experience in both the listed and unlisted space, advising entities across a variety of different sectors, but with a focus on mining and resources. Most recently, Ms. Cramer was Joint Company Secretary at ASX300 Bellevue Gold Limited. Prior to this, she was an Associate at Bellanhouse Legal and HWL Ebsworth Lawyers. Ms. Cramer specialises in corporate and commercial transactions, including capital raisings, IPOs and backdoorlistings, and corporate governance issues. Mr. Michael Naylor has resigned as Joint Company Secretary and will remain Non-Executive Director of AuTECO. Going forward, Maddison will be jointly responsible for communication with the ASX in relation to listing rule matters, pursuant to ASX Listing Rule 12.6.
Price Target Changed • Jul 28Price target decreased to AU$0.20Down from AU$0.22, the current price target is provided by 1 analyst. New target price is 315% above last closing price of AU$0.047. Stock is down 57% over the past year. The company is forecast to post a net loss per share of AU$0.007 next year compared to a net loss per share of AU$0.0021 last year.
お知らせ • Jun 24Auteco Minerals Limited Reports More Exceptional Early-Stage Exploration Results At the Pickle Crow Gold Project in Ontario, CanadaAuteco Minerals Limited reported more exceptional early-stage exploration results which demonstrate the outstanding growth potential at the Pickle Crow gold project in Ontario, Canada. The results are considered particularly important because they demonstrate the scope to increase the resource based on new regional discoveries as well as ongoing near-mine exploration. A 50,000-metre drill campaign is in progress and anticipated to conclude in early 2023. AuTECO intends to continue the dual focus on both in-mine Resource expansion at Pickle Crow and regional discovery that will provide the next generation of Resource growth for the company. AuTECO manages 500km of tenure in the Pickle Lake district. During 2022 to date, first pass early-stage drilling testing has been conducted at six regional exploration targets located away from the current Resource. All six targets returned results with anomalous mineralisation. Recent intersections highlight the potential of the Talia discovery and confirmed the prospectivity of the Banded Iron Formation (BIF) style mineralisation in the Pickle Lake district. The area was targeted based on structural intersections within BIF identified using high-resolution drone magnetics acquired in 2021. A shallow intersection of 5.5m @ 18.0 g/t gold was returned from just 45 metres down hole. This follows on from previously reported broad intersections of 4.9m @ 3.6 g/t gold and 4.0m @ 3.1 g/t gold. Further results for the Cohen-MacArthur prospect have now been received. Four of the five holes drilled contained significant gold intersections. Key results reported from this campaign include 2.1m @ 92.0 g/t, 0.7m @ 26.2 g/t, 0.8m @ 11.3 g/t, 5.4m @ 2.6 g/t and 1.2m @ 4.1 g/t gold. The Cohen MacArthur shear zone is a structure subparallel to the Core Mine Shear that controls mineralisation at the Pickle Crow deposit, where 1.5Moz of gold was extracted between 1935 and 1966. Shallow high-grade mineralisation was intersected at the Swamp Zone prospect, a poorly tested hypothesised structure between the Springer and Central Patricia deposits. In May 2022 the initial intersection of 3.5m @ 7.6 g/t gold was reported from 126.9m. Recent results include 0.4m @ 31.0 g/t gold from 28.8m downhole and 2.8m @ 4.3 g/t gold from 59.7m down hole. Other significant results include intersections of 0.9m @ 14.7 g/t and 4.1m @ 3.4 g/t gold at the Springer Shaft prospect. Further drilling results are anticipated in the June quarter. The company intends to continue with a dual-tracked approach to drilling for the remainder of 2022, with a combination of extensional in-mine Resource growth drilling and regional exploration. AuTECO has commenced a further 50,000m drill campaign, of which 20,000m is planned for early stage targets outside of the current 2.23Moz Resource. Detailed analysis and interpretation of regional exploration results is in progress. As the temperature increases, regional work has commenced on summer field activities (mapping and sampling) in addition to a lease wide magnetic geophysical survey that will commence in June 2022.
お知らせ • Jun 06+ 2 more updatesAuteco Minerals Limited Appoints Darren Cooke as Chief Executive Officer, Effective July 1, 2022Auteco Minerals Limited announced the appointment of Darren Cooke has been appointed Chief Executive Officer. Mr. Cooke is currently Chief Operating Officer at AuTECO, having joined the company from Northern Star Resources in February 2021. His appointment commences on 1 July 2022. Employment continues until terminated by either Auteco or Mr. Cooke.
お知らせ • May 04+ 2 more updatesExceptional Gold Hits of Up to 92G/T in Near-Mine and Regional DrillingAuTECO Minerals Ltd. to report more exceptional results which demonstrate the outstanding growth potential at the Pickle Crow gold project in Ontario, Canada. The results are considered particularly important because they demonstrate the scope to increase the resource based on new regional discoveries as well as ongoing near-mine exploration. The 50,000-metre drill campaign that started in June 2021 was successfully concluded in March 2022. However, a new drilling program is well underway with the aim of completing a further 50,000m by the end of this calendar year. AuTECO manages 500sqkm of tenure in the Pickle Lake district. First pass drilling was completedon five regional exploration targets located away from the historic Pickle Crow mine and the current 2.23Moz at 7.8g/t gold Resource. All 5 targets returned results with anomalous mineralisation, with the highlight being the Cohen-MacArthur prospect which returned results including 2.1m @ 92.0g/t, 0.8m @ 11.3g/t and 1.2m @ 4.1g/t gold. The Cohen MacArthur shear zone is a structure subparallel to the Core Mine Shear that hosted the 1.5Moz of historic production at Pickle Crow. Other significant results include an intersection of 3.5m @ 7.6g/t in the Swamp zone, a poorly tested hypothesised structure between the Springer and Central Patricia deposits. At the Powderhouse prospect, a mineralised banded iron formation was intersected that graded 4.9m at 3.6g/t gold. Resource expansion drilling of the Tyson area continued to return significant drill intersections that increase the known extent of mineralised structures. Results reported in this release, including 7.8m @ 17.0g/t gold, point to a significant future increase in the Resource in the Tyson area. Drilling activity has focused on three primary areas since January 2022: Cohen MacArthur Trend exploration prospects, Springer Central Patricia Link Zone (Swamp Zone, F Zone), Tyson Vein Extension Drilling, Shaft 3 Resource Extension drilling. The Cohen MacArthur target is located on a major regional structure that is interpreted to be sub-parallel to the Core Mine shear proximal to the main Pickle Crow deposit. The area drill tested is located 1.5 kilometres north-west of Shaft 3. The target area was selected based on an interpreted flexure in the Cohen-MacArthur shear zone in addition to outcropping veins. Drilling reported in historic literature in the area encountered vein structures hosted in an undifferentiated basalt unit, however limited follow up work had been completed by previous operators. Significant mineralisation was intersected in all holes where assays have been received to date. Key intersections include: 2.1m @ 92.0g/t gold from 147.8m in hole RVDD0016, 0.7m @ 26.2g/t gold from 116.5m in hole RVDD0016, 0.8m @ 11.3g/t gold from 17.8m in hole RVDD0018, 1.2m @ 4.1g/t gold from 32.0m in hole RVDD0019, An intersection of 2.1m @ 92.0g/t gold from 147.8m in drill hole RVDD0016 was returned. Visible gold was observed in a shear pyritic quartz vein hosted in altered basalt. This included an intersection of 0.5m @ 382g/t. The concept was successfully proven, with anomalous intersections encountered in 5 out of 6 holes here assays have been received to date. Intersections include: 4.9m @ 3.6g/t gold from 175m in hole RVDD0014, 10.5m @ 0.5g/t gold from 41m in hole RVDD0010, 4.0m @ 3.1g/t gold from 160.5m in hole RVDD00432.2m @ 1.7g/t gold from 52.8m in hole RVDD0011.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Steve Parsons was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
分析記事 • Apr 12We're A Little Worried About Auteco Minerals' (ASX:AUT) Cash Burn RateJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
お知らせ • Feb 16AuTECO Minerals Ltd Reports Resource increases by 500,000oz to 2.23Moz at 7.8g/tAuTECO Minerals Ltd. reported a 30 per cent increase in the Inferred Mineral Resource estimate at its Pickle Crow Project in Canada, taking it to 2.23 million ounces at a grade of 7.8g/t gold. This estimate comprises a high-grade quartz vein component of 1.92Moz at 9.3 g/t and a broader near-surface alteration /banded iron hosted mineralisation style that contains 304,000oz at a grade of 3.8 g/t. A total of ~30,000m of additional drill information was used to inform the revised year-end estimate that was prepared in accordance with the JORC Code (2012 Edition) by independent mining consultants Cube Consulting Pty Ltd. AuTECO is now ramping up drilling to test some of the early-stage regional targets on the 500sqkm of tenure managed the Company in the Pickle Lake district. Three drill rigs are currently engaged on early-stage regional programs, with results expected in the June quarter.
お知らせ • Jan 18Auteco Minerals Reports More Outstanding Drilling ResultsAuteco Minerals Limited reported more outstanding drilling results which will help underpin a Resource update set for release next month. The latest intersections from the 50,000m drilling program underway at the Pickle Crow project in Ontario, Canada continue to extend the known mineralisation outside the 1.7 Moz Resource at 8.1 g/t gold. AuTECO has five diamond drill rigs operating as part of its strategy to continue growing the Resource. The inventory comprises the high-grade vein Resource of 1.47 Moz at 10.1 g/t and the alteration-hosted (BIF) Resource of 240,000oz at 3.7 g/t. In the high-grade veins, Resource expansion drilling in the Shaft 1 and Shaft 3 areas continued to return significant drill intersections that increase the known extent of mineralised structures. Results reported in this release, including 7.3m @ 33.3 g/t from just 9.4m down the hole, point to a significant increase in the Resource update scheduled for completion and release in February 2022. Drilling has commenced on the regional exploration targets located away from the Pickle Crow mine, with testing of the south-west Powderhouse target in progress. AuTECO manages 500sqkm of tenure in the Pickle Lake district. Results are expected early in the June quarter.
分析記事 • Oct 18Is Auteco Minerals (ASX:AUT) In A Good Position To Deliver On Growth Plans?We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Price Target Changed • Aug 02Price target increased to AU$0.21Up from AU$0.20, the current price target is an average from 2 analysts. New target price is 79% above last closing price of AU$0.12. Stock is down 31% over the past year.
お知らせ • Jul 15Auteco Minerals Limited Announces Pickle Crow Gold Project, CanadaAuteco Minerals announced that the Inferred Mineral Resource estimate at its Pickle Crow Project in Canada has increased by 71% to 1.7 million ounces of gold. The outstanding result includes a high-grade vein-hosted Resource of 4.5 million tonnes at 10.1 g/t for 1.47 Moz of gold, an increase of 47%. In addition, the new estimate contains a maiden JORC Inferred Resource of 2.1Mt at 3.7 g/t for 242,000 oz of gold hosted within the adjacent Banded Iron Formation (BIF). Auteco is also pleased to report that recent drilling done since the cut-off for the Resource update has intersected more high-grade gold outside the Resource. The Resource update is the successful culmination of the September 2020 exploration and growth program, which was underpinned by 45,000m of drilling. This campaign resulted in the addition of 710,000oz of gold at a cost of AUD 15.25 per Resource ounce, in addition to the discovery of numerous new veins and mineralised zones such as Carey. The Pickle Crow mine was one of Canada's highest grade historical producers, with 1.5 Moz of gold produced at a grade of 16.1 g/t between 1935 and 1966. Gold was sourced from narrow high-grade vein quartz carbonate veins mined from underground. This style of mineralisation forms the bulk of the Inferred Resource, accounting for 1.47 Moz at 10.1 g/t gold. A review of historic data in addition to recent drill intersections highlighted the potential of mineralization hosted in Banded Iron Formation. This mineralisation style characteristically contains gold in alteration halos surrounding vein arrays, resulting in relatively broad intersections potentially amenable to bulk mining methods. Assessment of the BIF hosted mineralisation resulted in a maiden JORC Inferred Resource of 242,000 oz at 3.7 g/t gold. The mineral Resource estimation was prepared in accordance with the JORC Code (2012 edition) by reputable Australian firm Cube Consulting Pty Ltd. with oversight from Auteco personnel.
お知らせ • Jun 16Auteco Minerals Ltd. Announces Shallow High-Grade Gold At Carey DiscoveryAuteco Minerals Ltd. announce that it has made a shallow high-grade gold discovery at its Pickle Crow gold project in Canada. The Carey discovery, which was the first in a series of shallow exploration targets which will be tested by Auteco, is particularly notable because it highlights the potential for open pit mining in addition to what was historically a narrow-vein underground operation at Pickle Crow. Further drilling will be conducted to determine the continuity of mineralisation between historic drillholes to the north and south of the initial intersections. In addition to the Carey discovery, Auteco is also pleased to announce that it has extended the known high- grade underground mineralisation in the Shaft 3 area. The latest Shaft 3 drilling results will help underpin the Resource update set to be completed next month. The existing Pickle Crow Inferred Resource stands at 1Moz grading 11.3g/t gold. Mapping, outcrop sampling and the acquisition of detail ground magnetics is in progress on the regional tenure outside of the current Resource. Assay results returned from rock chip samples of outcropping veins at the Springer prospect returned results up to 145.7g/t gold. The 45,000m Resource definition and exploration program that commenced in September 2020 has now been successfully completed. In light of these strong results, the Auteco Board has given approval for the commencement of an additional 50,000m of drilling. The dual strategy of driving near-mine Resource growth combined with early-stage exploration targeting will continue to be the focus of the drilling program. The Growth And Exploration Program: The current strategic work program detailed in previous ASX 2 releases is nearing its conclusion after successful delivery of the key objectives to date. The drilling phases of the work program have been completed, with a total of 166 diamond holes drilled for 45,522m. Results are yet to be returned for 28 holes.
Price Target Changed • May 23Price target decreased to AU$0.22Down from AU$0.25, the current price target is provided by 1 analyst. New target price is 127% above last closing price of AU$0.097. Stock is up 62% over the past year.