Following release of new drilling results we have updated our Ming Mine deposit model. The latest two rounds of drilling results appear to indicate mineralised zones are more closely spaced, concentrating grade within a smaller volume than we had previously modelled. This could have positive implication for mine planning. Mineralisation remains entirely open down plunge from the extent of drilling. We anticipate FFM will release studies assessing various development scales (1.8<5mtpa) prior to the end of CY25. With five rigs now committed to infill and extension drilling at Ming and a sixth rig beginning drilling at regional targets we expect regular, ongoing exploration news flow throughout the year.
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