Oakover Infill Drill Program Completed

Firebird Metals Limited (ASX: FRB) (“Firebird” or “the Company”) is pleased to announce completion of the infill drilling program at its flagship Oakover Manganese Project (“Oakover”). The program focused on the Karen and Jay-Eye deposits and was delivered on time and under budget.

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Highlights

• 82 hole, 2,828m infill drill program at Jay-Eye and Karen completed
• Program delivered on time and under budget
• Assays expected in the next 8-12 weeks
• Results from program will be incorporated into an updated Oakover Mineral Resource Estimate in Q1 2023, with a focus on extending the current 10-year Life-of-Mine

Karen and Jay-Eye host a combined 62.9Mt of Inferred Resources and the primary objective of the program is to grow the current 10-year Life-of-Mine (“LoM”) at Oakover, through converting Inferred Resources to an Indicated status. The Company expects to receive assays in the next 8-12 weeks, which will drive an updated Mineral Resource Estimate early in the new year.

Commenting on the completion of drilling, Firebird Managing Director Peter Allen said “I am pleased to announce that we have completed our infill program ahead of schedule and under budget. The drilling team have done a tremendous job as we only kicked off the program a week ago. Assays are expected to be received in the next 8-12 weeks and once we review and analyse the results, we will turn our attention to working on an updated Mineral Resource Estimate to increase the current 10-year LoM at Oakover."

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