FFR 0.00% 12.0¢ firefly resources limited

Ann: Strong results from surface grade control drilling, page-9

  1. 2,185 Posts.
    lightbulb Created with Sketch. 331
    FFR are sitting on a 196k oz shallow resource. They have to clear the overburden to get to it.These results show there are some decent grades in the overburden. Nothing to write home about but enough to justify processing it and recouping the clearing costs and make a bit of coin on the side. 7000m of RC drilling down to 12m, at 10m intervals, is pretty tight. with 2/3 holes having enough to justify processing - Basically means setting up the pit to get to the resource will be "free" or zero net cost (or very low)
 
watchlist Created with Sketch. Add FFR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.