Press

Brad Gordon’s new gig

MINING NEWS: THE recent appointment of former Acacia Mining boss Brad Gordon as managing director and CEO of small-cap miner Laneway Resources raised a few eyebrows.

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Firefinch sets its sights on 200,000 ounces of gold per year

PROACTIVE: The Mail-based miner had a transformational 2020, acquiring a proven gold mine and seeking to sell a promising lithium project.

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Firefinch’s drilling of Viper deposit at Morila Project delivers high-grade gold with resource estimation underway

PROACTIVE: High-grade results were intersected below and along strike from the previously mined Viper pit and include a new, previously undrilled high-grade lode at the south end of the pit with an intercept of 5 metres at 17.7 g/t from 37 metres.

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Firefinch strengthens board with African and deep gold operational experience

PROACTIVE: Firefinch Ltd (ASX:FFX) is strengthening its board with extensive African and deep gold operational experience through the appointment of Bradley Gordon as non-executive director with effect from April 6.

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Firefinch celebrates International Women’s Day at Morila Gold Mine in Mali

PROACTIVE: Firefinch Ltd (ASX:FFX) recently celebrated International Women’s Day at the Morila Gold Mine site in Mali, West Africa, with a ceremony chaired by the Sub Prefect of Sanso in the presence of Sanso Mayor, Morila representatives, village chiefs, women and youth representatives kicking the event off.

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Firefinch on-track with Morila gold guidance and plans to begin mining satellite pits in mid-2021

PROACTIVE: Firefinch Ltd (ASX:FFX) continues to make strong progress at Morila Gold Project in Mali, West Africa and is on track to meet production guidance this quarter while advancing plans to begin mining satellite pits in mid-2021.

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Firefinch appoints high performing resource industry executive as managing director

PROACTIVE: According to the company, new appointee Michael Anderson will bring a proven track record for execution, value creation and understanding of mining projects.

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Firefinch appoints Macquarie Capital to advise on Goulamina Lithium Project value realisation

PROACTIVE: The company has turned to leading Australian investment bank Macquarie to ensure the demerger of its lithium project extracts the most value for shareholders.

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Battery Industry- Firefinch higher on revealing plan to demerge lithium project to fully focus on gold

BATTERY INDUSTRY: Firefinch Limited, Subiaco, Australia, plans to demerge the Goulamina Lithium Project in Mali into a separate lithium focused company to be listed on the ASX later this year, subject to shareholder and other required approvals.

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Firefinch outlines Morila capital and Goulamina de-merger plan

MINING NEWS: FIREFINCH has intends to demerge the Goulamina lithium asset into a separate ASX-listed vehicle and has outlined some of the potential capital costs involved in meeting its ambition of developing a large scale “Morila Superpit” in Mali.

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Superpit on the cards at Firefinch’s Morila

MINING NEWS: FIREFINCH says it will soon begin assessing the economic viability of developing a “Superpit” at the Morila project in Mali after estimating a resource “around and beneath” the existing pit totalling nearly 2.2 million ounces.

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Firefinch higher on revealing plan to demerge lithium project to fully focus on gold

PROACTIVE: The proposed demerger will result in the creation of two separate entities focusing on their respective areas of gold and lithium with the restructure aimed at unlocking the deep value in Goulamina.

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Firefinch notches 2.2-million-ounce gold resource as ‘Morila the Gorilla’ returns

PROACTIVE: The bulk of resource in Mali is open pittable, with a portion of underground resource with intercepts including 14 metres at 21.7 g/t gold and 6 metres at 9.0 g/t at Morila northeast; 5 metres at 31.5 g/t, 17 metres at 4.9 g/t and 35 metres at 3.0 g/t at Samacline.

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Firefinch’s Morila: Soaring swiftly to greater heights

MINING REVIEW AFRICA: It has been a busy period for ASX-listed gold and lithium junior Firefinch (formerly known as Mali Lithium). In the space of a month, the company underwent a name change, acquired a producing gold mine and poured first gold.

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Barrick ‘supportive’ of Firefinch in tax dispute over Mali’s Morila gold mine

S&P GLOBAL: Firefinch Ltd. says a previous owner of the Morila gold mine, Barrick Gold Corp., is “supportive” of its assertion that a partial assessment from Mali’s tax department claiming that the junior’s 80%-owned Société des Mines de Morila SA had understated its income from gold sales in 2017 is incorrect.

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Strong gold, lithium start to year for Firefinch

MINING NEWS: NEW gold miner Firefinch has been buoyed by strong initial production from its Morila operation in Mali and a strong lithium market continuing to emerge as it looks at divestment options for “one of the world’s best undeveloped and uncommitted lithium assets”.

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Firefinch higher on exceeding December quarter gold production guidance

PROACTIVE: The company is ramping up production at Morila from a current annual production profile of 40,000 ounces from tailings treatment towards a target of 80,000 ounces from small open pits, stocks and tailings.

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Firefinch hosts visit from Mali Minister for Environment at Morila Gold Mine

PROACTIVE: The company’s tailings treatment operation is forecast to produce 4,000 to 4,100 ounces of gold in December and 10,000 to 10,500 ounces of gold in the first quarter of 2021.

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Firefinch executive chair shows further confidence in company with another on- market share purchase

PROACTIVE: The Morila Gold Mine completed the first month of production under the company’s ownership in November and Firefinch plans to define milestones on the path to resume open pit mining in the coming months

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Firefinch directors show faith in gold strategy with purchase of shares on-market

PROACTIVE: The Morila Gold Mine completed the first month of production under the company’s ownership in November and Firefinch plans to define milestones on the path to resume open pit mining in the coming months

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First pour: Gold producers welcome Firefinch to their ranks

STOCKHEAD: Firefinch Limited (ASX:FFX), formerly Mali Lithium, has joined the ranks of producers after carrying out its first gold pour at the Morila gold mine in Mali since acquiring the asset.

To top it off, the company expects Morila to produce gold above forecast in its first month of operations with output in November expected to be between 4,000oz and 4,100oz of gold at an approximate all-in-cost of $US1,000 to $US1,100 per oz.

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Firefinch celebrates first gold under its ownership of Morila

PROACTIVE: The newly acquired Morila Gold Mine is producing gold above forecast in its first month of operation with grade in line with forecasts and tonnage above forecast.

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Morila satellite pits boost Firefinch resources

MINING NEWS: FIREFINCH has completed initial resource estimates for three potential satellite open pits at its recently acquired Morila
gold project in Mali, as it looks towards a restart of surface mining.

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Mali Lithium to begin trading with new name, Firefinch Limited, on November 6

PROACTIVE: The new name and brand identity is part of the company’s new strategic direction to focus on the Morila Gold Mine and becoming a mid-tier gold producer in Mali.

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Morila: Cowden’s Jundee Moment

AUSTRALIA’S PAYDIRT: Across a career spanning four decades, Alistair Cowden has always called a spade a spade. So, when the executive chairman of Mali Lithium Ltd (MLL) unashamedly describes the acquisition of the Morila gold mine as his “Jundee moment”, you can guarantee it is anything but a cheesy throwaway line.

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Guy on Rocks: This lithium player’s pivot into gold makes it one to watch

STOCKHEAD: A new stock to keep a close eye on is Mali Lithium (ASX:MLL), soon to be renamed ‘Firefinch’.
Obviously the name would imply its focus is on lithium, but the company recently closed a $74m financing and the acquisition of an 80 per cent interest in the Morila gold mine, which has produced about 8.7 million oz, from Barrick Gold and AngloGold Ashanti.

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