Firefinch passes another Morila milestone with first production blast since 2015
Malian owned and operated contractor EGTF is mining Pit 5 and carried out the recent drill and blast activities at ‘Morila the Gorilla’. Blast at Morila Pit 5 on Friday, July 2, 2021 - the first in more than six years.
Firefinch Ltd (ASX:FFX) (OTCMKTS:EEYMF) (FRA:N9F) has passed another operational milestone with its first production blast at the Morila Gold Project in Mali since 2015.
Malian owned and operated contractor EGTF carried out the recent drill and blast activities at the gold operations.
EGTF had commenced mining operations at Morila Pit 5 in early May with the initial phases of mining undertaken with free dig material.
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Firefinch chairman shows faith in company through early exercise of options
Dr Alistair Cowden has exercised 625,000 listed options with a total value of A$93,750 and this follows on-market purchases by other company directors. The company is well funded to deliver on its growth and development strategy.
Firefinch Ltd (ASX:FFX) chairman Dr Alistair Cowden has shown his commitment to the company’s growth strategy through the early exercise of 625,000 listed options.
On July 1, 2021, the chairman boosted his holding of fully paid ordinary shares in the company on exercising the A$0.15 options that were due to expire on October 17, 2021.
This transaction valued at A$93,750 has increased his holding in the company in direct and indirect interests to 6.875 million shares.