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NI 43-101 Technical Report Ming Mine 2025

FIREFLY METALS LTD · FFM document official 2025-12-01

The copper recovery achieved with locked-cycle flotation testing of the ROM5 production composite was 99% to a copper concentrate with a grade of 26%, with gold recovery at 70% at a grade of 11 g/t, and silver recovery at 87% at a grade of 107 g/t.

Briefing

The copper recovery achieved with locked-cycle flotation testing of the ROM5 production composite was 99% to a copper concentrate with a grade of 26%, with gold recovery at 70% at a grade of 11 g/t, and silver recovery at 87% at a grade of 107 g/t. Key points: The copper recovery achieved with locked-cycle flotation testing of the ROM5 production composite was 99% to a copper concentrate with a grade of 26%, with gold recovery at 70% at a grade of 11 g/t, and silver recovery a; The approved Green Bay Ming Mine Project includes an increase in the underground mine’s production rate from 1,350 tonnes per day (tpd) (under the previous operator) to 4,800 tpd, along with the construction of a new pro; The copper recovery achieved with locked-cycle flotation testing with the ROM5 production composite was 99% to a concentrate grading 26% copper, with gold recovery at 70% at a grade of 11 g/t, and silver recovery at 87%; The EA Project involves: increasing underground production from the Ming Mine from existing levels prior to FireFly’s acquisition of the mine (1,350 tonnes per day) to 4,800 tonnes per day (with potential options being c; The expansion works approved through the EA process include increasing underground production from 1,350 to 4,800 tonnes per day, constructing a new process plant and tailings management facility, and developing supporti; Table 6-5: Historical Rambler Mine Production 2012-2022 Ming Mine Rambler Metals & Mining Announced Commercial Production in November 2013* Ming Mine Rambler Metals & Mining Milled 215,500 tonnes at 3.68% Cu, 1.59 g/t Au. This brief is based on the cited source artifact and is intended as a research entry point, not a replacement for the original source or EGM canonical data tables.

Source Notes

The copper recovery achieved with locked-cycle flotation testing of the ROM5 production composite was 99% to a copper concentrate with a grade...

Extractive summary evidence · source

The approved Green Bay Ming Mine Project includes an increase in the underground mine’s production rate from 1,350 tonnes per day (tpd)...

Extractive summary evidence 2 · source

The copper recovery achieved with locked-cycle flotation testing with the ROM5 production composite was 99% to a concentrate grading 26% copper, with...

Extractive summary evidence 3 · source

The EA Project involves: increasing underground production from the Ming Mine from existing levels prior to FireFly’s acquisition of the mine (1,350...

Extractive summary evidence 4 · source

Extracted Document Text

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# NI 43-101 Technical Report Ming Mine 2025

Source: https://fireflymetals.com.au/wp-content/uploads/2026/04/20251201-FFM_Ming_TechReport.pdf
Published: 2025-12-01T00:00:00+00:00
Fetched: 2026-05-12T14:53:28.868+00:00
Source artifact: 8d46c115-7f95-442c-9021-3efbb85be710
Normalizer input: text

## Content

# NI 43-101 Technical Report Ming Mine 2025
REPORT
National Instrument 43-101 Technical Report, FireFly
Metals Ltd, Green Bay Ming Mine Copper-Gold Project,
Newfoundland
Submitted to:
FireFly Metals Ltd.
Submitted by:
Paul Palmer; P.Eng.(ON,NL)
Brian Thomas; P.Geo. (ON,NL)
Tommaso Roberto Raponi; P.Eng.(ON, NL)
Michael Job; FAusIMM
WSP Canada Inc.
Report Effective Date: December 1, 2025
WSP.com
December 1, 2025 CA0054939.9823-001-R-Rev0
Date and Signature Page
Professional
Qualified Person Employer Responsible for Parts Signature
Designation
Paul Palmer P.Eng. WSP Canada Items 1.1-1.7, 1.9, Signed by
Inc. 1.11,1.12, 1.13.1, Paul Palmer, P.Eng.
1.13.4, 2.1, 2.2, 2.3.1,
2.4, 3, 4, 9, 10, 11,
12.1, 15-24, 25.1, 26.1,
26.4, 27
Brian Thomas P.Geo. WSP Canada Items 1.1-1.4, 1.12, 3, Signed by
Inc. 4.1–4.3, 5, 6, 7, 8 Brian Thomas, P.Geo.
Tommaso Roberto P.Eng. Ausenco Items 1.10, 1.13.3, Signed by
Raponi Engineering 2.3.3, 12.3, 13, 25.2, Tommaso Roberto
Canada ULC. 25.3, 26.3 Raponi, P.Eng.
Michael Job FAusIMM Cube Items 1.8, 1.13.2, 2.3.2, Signed by
Consulting Pty. 12.2, 14, 25.1, and 26.2 Michael Job, FAusIMM
Ltd
NOTICE TO READERS:
This National Instrument 43-101 Technical Report for FireFly Metals Ltd (FireFly) was prepared and executed by the Qualified
Persons named herein as Authors. This report contains the expressions of professional opinions of the Authors based on (i)
information available at the time of preparation, (ii) data supplied by FireFly, and (iii) the assumptions, conditions, and
qualifications set forth in this report. The quality of information, conclusions, and estimates contained herein are consistent with
the stated levels of accuracy as well as the circumstances and constraints under which the mandate was performed. This Report
was prepared in accordance with a contract between WSP and FireFly which contract permits FireFly to file this report as a
Technical Report with Canadian securities regulators pursuant to National Instrument 43-101 - Standards of Disclosure for
Mineral Projects. Except for the purposes legislated under Canadian securities law, any use of this report by any third party is
at that party’s sole risk. The responsibility for this disclosure remains with FireFly. The user of this document should ensure that
this is the most recent Technical Report for the Property as it is not valid if a new Technical Report has been issued.
i
December 1, 2025 CA0054939.9823-001-R-Rev0
Abbreviations
Units of Measure
above mean sea level................................. amsl kilograms per cubic metre......................... kg/m3
acre................................................................. ac kilograms per hour .......................................kg/h
ampere............................................................. A kilograms per square metre ...................... kg/m2
annum (year) .................................................... a kilometre.........................................................km
billion................................................................ B kilometres per hour .....................................km/h
billion tonnes................................................... Bt kilopascal ..................................................... kPa
billion years ago.............................................Ga kiloton...............................................................kt
British thermal unit ...................................... BTU kilovolt ............................................................ kV
Centimetre .....................................................cm kilovolt-ampere............................................. kVa
cubic centimetre............................................cm3 kilowatt .......................................................... kW
cubic feet per minute ....................................cfm kilowatt hour................................................ kWh
cubic feet per second ...................................ft3/s kilowatt hours per tonne............................ kWh/t
cubic foot ........................................................ ft3 kilowatt hours per year............................. kWh/a
cubic inch.........................................................in less than........................................................... <
cubic metre .................................................... m3 litre ................................................................... L
cubic yard ......................................................yd3 litres per minute ........................................... L/m
Coefficients of Variation............................... Cvs megabytes per second................................Mb/s
day .................................................................... d megapascal................................................. MPa
days per week............................................. d/wk megavolt-ampere .........................................Mva
days per year (annum) ..................................d/a megawatt...................................................... MW
dead weight tonnes.................................... DWT metre ............................................................... m
decibel adjusted............................................. Ba metres above sea level ...............................masl
decibel ........................................................... dB metres below sea level ...............................mbsl
degree............................................................... ° metres per minute .....................................m/min
degrees Celsius ..............................................°C metres per second ........................................m/s
diameter........................................................... ø microns.......................................................... µm
dollar (American) .........................................US$ milligram........................................................ mg
dollar (Canadian) ...................................... CAN$ milligrams per litre...................................... mg/L
dry metric ton ..................................................mt millilitre .......................................................... mL
foot ....................................................................ft millimetre...................................................... mm
gallon .............................................................gal million .............................................................. M
gallons per minute .......................................gpm million bank cubic metres.......................... Mbm3
Gigajoule........................................................ GJ million bank cubic metres per annum .... Mbm3/a
Gigapascal.................................................. GPa million tonne per annum…………………… Mtpa
Gigawatt....................................................... GW million tonnes ................................................. Mt
Gram................................................................. g minute (plane angle) .......................................... '
grams per litre................................................g/L minute (time) .................................................min
grams per tonne................................... g/t or gpt month ............................................................ mo
greater than ......................................................> ounce ..............................................................oz
hectare (10,000 m2) ........................................ha pascal............................................................. Pa
hertz............................................................... Hz centipoise .................................................
horsepower .....................................................hp parts per million........................................... ppm
hour................................................................... h parts per billion............................................. ppb
hours per day.................................................h/d percent ............................................................ %
hours per week ........................................... h/wk pound(s)...........................................................lb
hours per year................................................h/a pounds per square inch ................................. psi
inch ..................................................................in revolutions per minute.................................. rpm
kilo (thousand) .................................................. k second (plane angle) ........................................ "
kilogram ..........................................................kg second (time) .................................................... s
ii
December 1, 2025 CA0054939.9823-001-R-Rev0
short ton (2,000 lb)...........................................st
short tons per day .........................................st/d
short tons per year........................................ st/y
specific gravity .............................................. SG
square centimetre .........................................cm2
square foot...................................................... ft2
square inch .....................................................in2
square kilometre ...........................................km2
square metre.................................................. m2
three-dimensional .......................................... 3D
tonne (1,000 kg) (metric ton) ............................. t
tonnes per day ................................................t/d
tonnes per hour...............................................t/h
tonnes per year...............................................t/a
tonnes seconds per hour metre cubed .....ts/hm3
volt ................................................................... V
week .............................................................. wk
weight/weight ............................................... w/w
wet metric ton .............................................. wmt
iii
December 1, 2025 CA0054939.9823-001-R-Rev0
Acronyms
ABA .......................................................................................................................................... Acid-Base Accounting
Actlabs .............................................................................................................................Activation Laboratories Ltd.
ARD .............................................................................................................................................Acid Rock Drainage
Au ......................................................................................................................................................................... Gold
CDA ................................................................................................................................. Canadian Dam Association
CEAA ........................................................................................................ Canadian Environmental Assessment Act
CIM ..................................................................................... Canadian Institute of Mining, Metallurgy and Petroleum
CIP ...................................................................................................................................................... Carbon-in-Pulp
COMEX .............................................................................................

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