Results of FireFly’s Share Purchase Plan
Original announcement by jmn on
- Company
- FireFly Metals Ltd
- Ticker
- FFM
- Exchange
- TSX
- Region
- Newfoundland, Canada
- Primary commodity
- Copper
- Secondary commodities
- Gold, Silver
- Document categories
- Resource update, Capital raise
- Extracted
- 2026-09-30 00:23:44 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
FireFly Metals Ltd announced the successful completion of its Share Purchase Plan, raising A$4.975 million from shareholders. This complements a larger A$180 million institutional placement and bought deal offering, bringing the total equity raised to approximately A$185 million. The company is now well-funded to advance its Green Bay Copper-Gold Project, including development, drilling, and technical studies.
Reasoning: FireFly Metals successfully completed a Share Purchase Plan and a larger equity raising, securing significant funding (A$185 million total) for its Green Bay Copper-Gold Project, demonstrating strong investor confidence and providing capital for development and resource growth.
Positive factors
- Successful capital raise
- Well-funded for project development
- Strong shareholder support
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 27
Classification and evidence
Successful Capital Raisepositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The company announced the successful completion of its Share Purchase Plan, raising A$4.975 million, complementing a larger A$180 million equity raising.
Evidence · text
“The SPP raised almost $5 million in addition to the A$180 million raised via the highly successful equity raising.”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: Mr Juan Gutierrez, Group Chief Geologist at FireFly and a Qualified Person as defined by NI 43-101, has reviewed and approved the scientific and technical disclosure.
Evidence · text
“Mr Juan Gutierrez, BSc, Geology (Masters), Geostatistics (Postgraduate Diploma), Group Chief Geologist at FireFly, and a Qualified Person as defined by NI 43-101, has reviewed and approved the scientific and technical disclosure contained in this announcement.”
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: Mineral Resource Estimates are prepared and reported in accordance with the JORC Code (2012 Edition).
Evidence · text
“prepared and disclosed in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves ( JORC Code (2012 Edition) )”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: Mineral Resource Estimates are prepared and reported in accordance with Canadian National Instrument 43-101.
Evidence · text
“Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects ( NI 43-101 ).”
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: The Ming Deposit and Green Bay Total estimates include a Measured category for copper, gold, and silver.
Evidence · table
“Measured”
Context: 3.5
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: All three project estimates (Ming, Little Deer, Green Bay Total) include an Indicated category for copper, gold, and silver.
Evidence · table
“Indicated”
Context: 53.8
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: All three project estimates (Ming, Little Deer, Green Bay Total) include an Inferred category for copper, gold, and silver.
Evidence · table
“Inferred”
Context: 17.3
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: Mineral Resources have been reported at a 1.0% copper cut-off grade.
Evidence · text
“Mineral Resources have been reported at a 1.0% copper cut-off grade.”
Stale Data Re-releasenegative · Story-specific tag
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: The resource estimates for Green Bay Copper-Gold Project (Ming and Total) were first reported on 25 August 2026, and Little Deer on 29 October 2024, making them re-statements in this announcement.
Evidence · text
“The combined Mineral Resource Estimate for the Green Bay Copper-Gold Project referred to in this announcement and set out in Appendix A was first reported in the Company’s ASX announcement dated 25 August 2026”
Extracted facts
Stored fact records: 24. Some facts used in scoring do not have a stored record.
Resource Estimates (24)
measuredGreen Bay Copper-Gold Project · copperTonnes: 3500000Grade: 1.5Grade Unit: %Contained Metal: 52Contained Unit: ktHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:4d151c7129a206a97483
- Deposit or zone
- Ming Deposit
Resource Data
- Category
- measured
- Tonnes
- 3500000
- Grade
- 1.5
- Grade Unit
- %
- Contained Metal
- 52
- Contained Unit
- kt
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2026-08-14
Metal Equivalent
- Metal Eq. Grade
- 1.7
- Metal Eq. Unit
- %
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-08-25T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Measured copper resource at Ming Deposit provides high confidence, but this is a re-statement of previously released data.
Positive factors
- High confidence resource category
- Good copper grade for VMS deposit
Negative factors
- Stale data re-release
Evidence · table
“1.5”
Context: 3.5
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredGreen Bay Copper-Gold Project · goldTonnes: 3500000Grade: 0.2Grade Unit: g/tContained Metal: 20Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- gold
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:4d151c7129a206a97483
- Deposit or zone
- Ming Deposit
Resource Data
- Category
- measured
- Tonnes
- 3500000
- Grade
- 0.2
- Grade Unit
- g/t
- Contained Metal
- 20
- Contained Unit
- koz
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2026-08-14
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-08-25T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Measured gold resource at Ming Deposit is of high confidence but has a low grade, and is a re-statement of previously released data.
Positive factors
- High confidence resource category
Negative factors
- Low gold grade
- Stale data re-release
Evidence · table
“0.2”
Context: 3.5
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredGreen Bay Copper-Gold Project · silverTonnes: 3500000Grade: 1.3Grade Unit: g/tContained Metal: 147Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- silver
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:4d151c7129a206a97483
- Deposit or zone
- Ming Deposit
Resource Data
- Category
- measured
- Tonnes
- 3500000
- Grade
- 1.3
- Grade Unit
- g/t
- Contained Metal
- 147
- Contained Unit
- koz
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2026-08-14
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-08-25T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Measured silver resource at Ming Deposit is of high confidence but has a low grade, and is a re-statement of previously released data.
Positive factors
- High confidence resource category
Negative factors
- Low silver grade
- Stale data re-release
Evidence · table
“1.3”
Context: 3.5
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedGreen Bay Copper-Gold Project · copperTonnes: 53800000Grade: 1.9Grade Unit: %Contained Metal: 1041Contained Unit: ktHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:fd9c5dc28f1f62a5680f
- Deposit or zone
- Ming Deposit
Resource Data
- Category
- indicated
- Tonnes
- 53800000
- Grade
- 1.9
- Grade Unit
- %
- Contained Metal
- 1041
- Contained Unit
- kt
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2026-08-14
Metal Equivalent
- Metal Eq. Grade
- 2.5
- Metal Eq. Unit
- %
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-08-25T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Indicated copper resource at Ming Deposit shows good grade and significant tonnage, but is a re-statement of previously released data.
Positive factors
- Good copper grade for VMS deposit
- Large tonnage in Indicated category
Negative factors
- Stale data re-release
Evidence · table
“1.9”
Context: 53.8
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedGreen Bay Copper-Gold Project · goldTonnes: 53800000Grade: 0.5Grade Unit: g/tContained Metal: 878Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- gold
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:fd9c5dc28f1f62a5680f
- Deposit or zone
- Ming Deposit
Resource Data
- Category
- indicated
- Tonnes
- 53800000
- Grade
- 0.5
- Grade Unit
- g/t
- Contained Metal
- 878
- Contained Unit
- koz
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2026-08-14
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-08-25T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Indicated gold resource at Ming Deposit has moderate grade and significant tonnage, but is a re-statement of previously released data.
Positive factors
- Significant tonnage in Indicated category
Negative factors
- Moderate gold grade
- Stale data re-release
Evidence · table
“0.5”
Context: 53.8
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedGreen Bay Copper-Gold Project · silverTonnes: 53800000Grade: 4.5Grade Unit: g/tContained Metal: 7707Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- silver
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:fd9c5dc28f1f62a5680f
- Deposit or zone
- Ming Deposit
Resource Data
- Category
- indicated
- Tonnes
- 53800000
- Grade
- 4.5
- Grade Unit
- g/t
- Contained Metal
- 7707
- Contained Unit
- koz
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2026-08-14
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-08-25T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Indicated silver resource at Ming Deposit has moderate grade and significant tonnage, but is a re-statement of previously released data.
Positive factors
- Significant tonnage in Indicated category
Negative factors
- Moderate silver grade
- Stale data re-release
Evidence · table
“4.5”
Context: 53.8
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredGreen Bay Copper-Gold Project · copperTonnes: 17300000Grade: 2Grade Unit: %Contained Metal: 344Contained Unit: ktHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:450ec92f8ceba87c1418
- Deposit or zone
- Ming Deposit
Resource Data
- Category
- inferred
- Tonnes
- 17300000
- Grade
- 2
- Grade Unit
- %
- Contained Metal
- 344
- Contained Unit
- kt
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2026-08-14
Metal Equivalent
- Metal Eq. Grade
- 2.8
- Metal Eq. Unit
- %
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-08-25T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Inferred copper resource at Ming Deposit shows good grade, but is a lower confidence category and a re-statement of previously released data.
Positive factors
- Good copper grade for VMS deposit
Negative factors
- Lower confidence resource category
- Stale data re-release
Evidence · table
“2.0”
Context: 17.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredGreen Bay Copper-Gold Project · goldTonnes: 17300000Grade: 0.7Grade Unit: g/tContained Metal: 404Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- gold
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:450ec92f8ceba87c1418
- Deposit or zone
- Ming Deposit
Resource Data
- Category
- inferred
- Tonnes
- 17300000
- Grade
- 0.7
- Grade Unit
- g/t
- Contained Metal
- 404
- Contained Unit
- koz
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2026-08-14
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-08-25T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Inferred gold resource at Ming Deposit has moderate grade and is a lower confidence category, re-stated from previous data.
Negative factors
- Lower confidence resource category
- Moderate gold grade
- Stale data re-release
Evidence · table
“0.7”
Context: 17.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredGreen Bay Copper-Gold Project · silverTonnes: 17300000Grade: 6.3Grade Unit: g/tContained Metal: 3522Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- silver
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:450ec92f8ceba87c1418
- Deposit or zone
- Ming Deposit
Resource Data
- Category
- inferred
- Tonnes
- 17300000
- Grade
- 6.3
- Grade Unit
- g/t
- Contained Metal
- 3522
- Contained Unit
- koz
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2026-08-14
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-08-25T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Inferred silver resource at Ming Deposit has moderate grade and is a lower confidence category, re-stated from previous data.
Negative factors
- Lower confidence resource category
- Moderate silver grade
- Stale data re-release
Evidence · table
“6.3”
Context: 17.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedGreen Bay Copper-Gold Project · copperTonnes: 2900000Grade: 2.1Grade Unit: %Contained Metal: 62Contained Unit: ktHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:4e19572cc173f535c73c
- Deposit or zone
- Little Deer
Resource Data
- Category
- indicated
- Tonnes
- 2900000
- Grade
- 2.1
- Grade Unit
- %
- Contained Metal
- 62
- Contained Unit
- kt
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2024-06-26
Metal Equivalent
- Metal Eq. Grade
- 2.3
- Metal Eq. Unit
- %
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-10-29T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Indicated copper resource at Little Deer shows good grade, but is a re-statement of previously released data.
Positive factors
- Good copper grade for VMS deposit
Negative factors
- Stale data re-release
Evidence · table
“2.1”
Context: 2.9
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.3 years before this release
indicatedGreen Bay Copper-Gold Project · goldTonnes: 2900000Grade: 0.1Grade Unit: g/tContained Metal: 9Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- gold
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:4e19572cc173f535c73c
- Deposit or zone
- Little Deer
Resource Data
- Category
- indicated
- Tonnes
- 2900000
- Grade
- 0.1
- Grade Unit
- g/t
- Contained Metal
- 9
- Contained Unit
- koz
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2024-06-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-10-29T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Indicated gold resource at Little Deer has a low grade and is a re-statement of previously released data.
Negative factors
- Low gold grade
- Stale data re-release
Evidence · table
“0.1”
Context: 2.9
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.3 years before this release
indicatedGreen Bay Copper-Gold Project · silverTonnes: 2900000Grade: 3.4Grade Unit: g/tContained Metal: 320Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- silver
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:4e19572cc173f535c73c
- Deposit or zone
- Little Deer
Resource Data
- Category
- indicated
- Tonnes
- 2900000
- Grade
- 3.4
- Grade Unit
- g/t
- Contained Metal
- 320
- Contained Unit
- koz
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2024-06-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-10-29T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Indicated silver resource at Little Deer has a low grade and is a re-statement of previously released data.
Negative factors
- Low silver grade
- Stale data re-release
Evidence · table
“3.4”
Context: 2.9
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.3 years before this release
inferredGreen Bay Copper-Gold Project · copperTonnes: 6200000Grade: 1.8Grade Unit: %Contained Metal: 110Contained Unit: ktHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:d1890ced604198b53ff8
- Deposit or zone
- Little Deer
Resource Data
- Category
- inferred
- Tonnes
- 6200000
- Grade
- 1.8
- Grade Unit
- %
- Contained Metal
- 110
- Contained Unit
- kt
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2024-06-26
Metal Equivalent
- Metal Eq. Grade
- 1.8
- Metal Eq. Unit
- %
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-10-29T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Inferred copper resource at Little Deer shows good grade, but is a lower confidence category and a re-statement of previously released data.
Positive factors
- Good copper grade for VMS deposit
Negative factors
- Lower confidence resource category
- Stale data re-release
Evidence · table
“1.8”
Context: 6.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.3 years before this release
inferredGreen Bay Copper-Gold Project · goldTonnes: 6200000Grade: 0.1Grade Unit: g/tContained Metal: 10Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- gold
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:d1890ced604198b53ff8
- Deposit or zone
- Little Deer
Resource Data
- Category
- inferred
- Tonnes
- 6200000
- Grade
- 0.1
- Grade Unit
- g/t
- Contained Metal
- 10
- Contained Unit
- koz
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2024-06-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-10-29T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Inferred gold resource at Little Deer has a low grade and is a lower confidence category, re-stated from previous data.
Negative factors
- Low gold grade
- Lower confidence resource category
- Stale data re-release
Evidence · table
“0.1”
Context: 6.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.3 years before this release
inferredGreen Bay Copper-Gold Project · silverTonnes: 6200000Grade: 2.2Grade Unit: g/tContained Metal: 430Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- silver
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:d1890ced604198b53ff8
- Deposit or zone
- Little Deer
Resource Data
- Category
- inferred
- Tonnes
- 6200000
- Grade
- 2.2
- Grade Unit
- g/t
- Contained Metal
- 430
- Contained Unit
- koz
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2024-06-26
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2024-10-29T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Inferred silver resource at Little Deer has a low grade and is a lower confidence category, re-stated from previous data.
Negative factors
- Low silver grade
- Lower confidence resource category
- Stale data re-release
Evidence · table
“2.2”
Context: 6.2
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.3 years before this release
measuredGreen Bay Copper-Gold Project · copperTonnes: 3500000Grade: 1.5Grade Unit: %Contained Metal: 52Contained Unit: ktHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:c97a049c9bd60e9e970d
- Deposit or zone
- Green Bay Total
Resource Data
- Category
- measured
- Tonnes
- 3500000
- Grade
- 1.5
- Grade Unit
- %
- Contained Metal
- 52
- Contained Unit
- kt
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2026-08-14
Metal Equivalent
- Metal Eq. Grade
- 1.7
- Metal Eq. Unit
- %
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-08-25T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Measured copper resource for Green Bay Total provides high confidence, but this is a re-statement of previously released data.
Positive factors
- High confidence resource category
- Good copper grade for VMS deposit
Negative factors
- Stale data re-release
Evidence · table
“1.5”
Context: 3.5
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredGreen Bay Copper-Gold Project · goldTonnes: 3500000Grade: 0.2Grade Unit: g/tContained Metal: 20Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- gold
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:c97a049c9bd60e9e970d
- Deposit or zone
- Green Bay Total
Resource Data
- Category
- measured
- Tonnes
- 3500000
- Grade
- 0.2
- Grade Unit
- g/t
- Contained Metal
- 20
- Contained Unit
- koz
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2026-08-14
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-08-25T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Measured gold resource for Green Bay Total is of high confidence but has a low grade, and is a re-statement of previously released data.
Positive factors
- High confidence resource category
Negative factors
- Low gold grade
- Stale data re-release
Evidence · table
“0.2”
Context: 3.5
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
measuredGreen Bay Copper-Gold Project · silverTonnes: 3500000Grade: 1.3Grade Unit: g/tContained Metal: 147Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- silver
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:c97a049c9bd60e9e970d
- Deposit or zone
- Green Bay Total
Resource Data
- Category
- measured
- Tonnes
- 3500000
- Grade
- 1.3
- Grade Unit
- g/t
- Contained Metal
- 147
- Contained Unit
- koz
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2026-08-14
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-08-25T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Measured silver resource for Green Bay Total is of high confidence but has a low grade, and is a re-statement of previously released data.
Positive factors
- High confidence resource category
Negative factors
- Low silver grade
- Stale data re-release
Evidence · table
“1.3”
Context: 3.5
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedGreen Bay Copper-Gold Project · copperTonnes: 56700000Grade: 1.9Grade Unit: %Contained Metal: 1103Contained Unit: ktHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:d09b83b7343e79c54b2e
- Deposit or zone
- Green Bay Total
Resource Data
- Category
- indicated
- Tonnes
- 56700000
- Grade
- 1.9
- Grade Unit
- %
- Contained Metal
- 1103
- Contained Unit
- kt
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2026-08-14
Metal Equivalent
- Metal Eq. Grade
- 2.5
- Metal Eq. Unit
- %
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-08-25T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Indicated copper resource for Green Bay Total shows good grade and significant tonnage, but is a re-statement of previously released data.
Positive factors
- Good copper grade for VMS deposit
- Large tonnage in Indicated category
Negative factors
- Stale data re-release
Evidence · table
“1.9”
Context: 56.7
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedGreen Bay Copper-Gold Project · goldTonnes: 56700000Grade: 0.5Grade Unit: g/tContained Metal: 887Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- gold
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:d09b83b7343e79c54b2e
- Deposit or zone
- Green Bay Total
Resource Data
- Category
- indicated
- Tonnes
- 56700000
- Grade
- 0.5
- Grade Unit
- g/t
- Contained Metal
- 887
- Contained Unit
- koz
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2026-08-14
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-08-25T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Indicated gold resource for Green Bay Total has moderate grade and significant tonnage, but is a re-statement of previously released data.
Positive factors
- Significant tonnage in Indicated category
Negative factors
- Moderate gold grade
- Stale data re-release
Evidence · table
“0.5”
Context: 56.7
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedGreen Bay Copper-Gold Project · silverTonnes: 56700000Grade: 4.4Grade Unit: g/tContained Metal: 8027Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- silver
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:d09b83b7343e79c54b2e
- Deposit or zone
- Green Bay Total
Resource Data
- Category
- indicated
- Tonnes
- 56700000
- Grade
- 4.4
- Grade Unit
- g/t
- Contained Metal
- 8027
- Contained Unit
- koz
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2026-08-14
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-08-25T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Indicated silver resource for Green Bay Total has moderate grade and significant tonnage, but is a re-statement of previously released data.
Positive factors
- Significant tonnage in Indicated category
Negative factors
- Moderate silver grade
- Stale data re-release
Evidence · table
“4.4”
Context: 56.7
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredGreen Bay Copper-Gold Project · copperTonnes: 23500000Grade: 1.9Grade Unit: %Contained Metal: 454Contained Unit: ktHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- copper
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:9fe1180415dd88ea6e5f
- Deposit or zone
- Green Bay Total
Resource Data
- Category
- inferred
- Tonnes
- 23500000
- Grade
- 1.9
- Grade Unit
- %
- Contained Metal
- 454
- Contained Unit
- kt
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2026-08-14
Metal Equivalent
- Metal Eq. Grade
- 2.5
- Metal Eq. Unit
- %
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-08-25T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Inferred copper resource for Green Bay Total shows good grade, but is a lower confidence category and a re-statement of previously released data.
Positive factors
- Good copper grade for VMS deposit
Negative factors
- Lower confidence resource category
- Stale data re-release
Evidence · table
“1.9”
Context: 23.5
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredGreen Bay Copper-Gold Project · goldTonnes: 23500000Grade: 0.6Grade Unit: g/tContained Metal: 414Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- gold
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:9fe1180415dd88ea6e5f
- Deposit or zone
- Green Bay Total
Resource Data
- Category
- inferred
- Tonnes
- 23500000
- Grade
- 0.6
- Grade Unit
- g/t
- Contained Metal
- 414
- Contained Unit
- koz
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2026-08-14
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-08-25T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Inferred gold resource for Green Bay Total has moderate grade and is a lower confidence category, re-stated from previous data.
Negative factors
- Lower confidence resource category
- Moderate gold grade
- Stale data re-release
Evidence · table
“0.6”
Context: 23.5
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredGreen Bay Copper-Gold Project · silverTonnes: 23500000Grade: 5.2Grade Unit: g/tContained Metal: 3952Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Green Bay Copper-Gold Project
- Commodity
- silver
- Region
- canada_nl
- Reported Region
- Newfoundland, Canada
- Ticker
- FFM
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Juan Gutierrez
- Resource group id
- resource:9fe1180415dd88ea6e5f
- Deposit or zone
- Green Bay Total
Resource Data
- Category
- inferred
- Tonnes
- 23500000
- Grade
- 5.2
- Grade Unit
- g/t
- Contained Metal
- 3952
- Contained Unit
- koz
- Cutoff Grade
- 1
- Cutoff Unit
- % copper
Prior Estimate
- Resource Date
- 2026-08-14
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-08-25T00:00:00.000Z
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The Inferred silver resource for Green Bay Total has moderate grade and is a lower confidence category, re-stated from previous data.
Negative factors
- Lower confidence resource category
- Moderate silver grade
- Stale data re-release
Evidence · table
“5.2”
Context: 23.5
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.