Firetail Resources
Firetail Resources (now Mammoth Minerals, ASX: M79) is a pre-revenue Australian mineral exploration company advancing four copper and gold projects across Canada, Peru, and the United States, with a small team led by Managing Director Glenn Poole.
- Company typePrivate
- Founded2022
- HeadquartersSubiaco, Australia
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Firetail Resources does
Firetail Resources is an Australia-domiciled, ASX-listed mineral exploration company (originally ASX: FTL, now operating as Mammoth Minerals under ASX: M79) headquartered in Subiaco, Western Australia. The company has repositioned from its original battery-minerals thesis into a four-project portfolio targeting copper and gold across the Americas: the advanced Copper-Zinc-Silver Skyline Project in Newfoundland, Canada; the Picha porphyry copper project in Peru (selected for BHP's Xplor 2025 program); the Excelsior Springs high-grade gold project in Nevada; and the Bella gold project in South Dakota.
The business model is that of a junior exploration company: capital is raised on equity markets and deployed into drilling, sampling, and geological studies across the project portfolio, with the intent of defining resources that can ultimately be advanced toward development, joint venture, offtake, or divestment. The company is pre-revenue with no producing assets and operates with a small team (1–10 employees) led by Managing Director Glenn Poole. Recent activity includes two 2025 capital raises (A$1.24M in August and A$4.95M in December), the assembly of a new management team, prior asset divestments to strengthen the balance sheet, and inclusion in the BHP Xplor 2025 accelerator, which provides US$500,000 of equity-free exploration funding and technical mentorship.
Firetail Resources firmographics
Firmographics- Name
- Firetail Resources
- Website
- https://firetailresources.com.au
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Firetail Resources (now Mammoth Minerals, ASX: M79) is a pre-revenue Australian mineral exploration company advancing four copper and gold projects across Canada, Peru, and the United States, with a small team led by Managing Director Glenn Poole.
- Ownership category
- akta.pro rank
Where Firetail Resources is headquartered
LocationHeadquarters
- HQ city
- Subiaco
- HQ country
- Australia
- HQ region
- Oceania
Markets served
Firetail Resources business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales
Firetail Resources product offering
Product offeringCore offering
Firetail Resources is a junior mining exploration company that acquires, explores, and advances mineral properties targeting copper, zinc, silver, and gold deposits. The company operates a portfolio of four exploration projects across Canada (Skyline Copper), Peru (Picha Project), the USA (Excelsior Springs Gold in Nevada and Bella Gold in South Dakota), and holds Australian assets. Revenue is generated through eventual project divestment or acquisition by larger mining operators.
Product overview
Firetail Resources is a mining exploration company operating a portfolio of projects across the Americas. The company operates four main projects: Skyline Copper Project (Copper-Zinc-Silver in Newfoundland, Canada), Peru Copper Projects including the Picha Project (copper exploration in Peru), Excelsior Springs Gold Project (gold in Nevada, USA), and Bella Gold Project (gold in South Dakota, USA). The company focuses on high-grade gold development in the USA and copper exploration across the Americas, targeting VMS and porphyry copper discoveries.
Differentiator
Problem solved
Functional benefit
Products and services
- Skyline Copper Project An advanced Copper-Zinc-Silver volcanogenic massive sulfide (VMS) exploration project with drill-defined resources, located in Newfoundland, Canada. The project offers mining-friendly jurisdiction, year-round operations with local skilled labor, and excellent infrastructure including direct flights to Deer Lake and a sealed road along the tenure.
Companies that use Firetail Resources
Customer profileIdeal customer profiles2 records
Firetail Resources technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Firetail Resources partnerships and signals
Strategic signalRecent moves6 records
Expansion highlights4 records
Firetail Resources competitors and assessment
Company assessmentBroad incumbents
- Newmont: World's largest gold producer with extensive Nevada and broader US footprint. Highly relevant for benchmarking US gold exploration strategy and as a potential acquirer of Firetail's Nevada and South Dakota gold assets.
- Lundin Mining: Diversified base-metals producer with copper, zinc, and gold operations across the Americas. Comparable commodity mix (copper-zinc) to Firetail's Skyline asset and a logical incumbent acquirer if Firetail discoveries prove economic.
- Barrick Gold: Tier-1 gold producer operating major US and South American mines. Comparable as a dominant gold incumbent against which any junior exploration success in Nevada, South Dakota, or Peru would be measured and acquired.
- IAMGOLD: Mid-tier gold producer with active exploration programs in the Americas. Comparable as a gold-focused incumbent with the balance-sheet capacity to absorb junior exploration successes of the type Firetail is targeting.
- Capstone Copper: Mid-tier copper producer with operations across the Americas. Relevant as a benchmark for what a successful copper-discovery story in the region could become and as a likely strategic acquirer of a successful Firetail copper asset.
Direct peers
- Firefly Metals: Australian-listed copper-gold explorer also active in the Newfoundland VMS district adjacent to Skyline. Cited explicitly on Firetail's website as a peer operating in the same exploration corridor, making it a directly comparable junior in the same commodity and region.
- SolGold: Tier-1 porphyry copper-gold explorer (Cascabel in Ecuador) with a similar multi-jurisdiction South American exploration profile and copper-gold discovery thesis. Operates in the same commodity and broad geographic arena as Firetail's Picha Project.
- Troilus Gold: Canadian-listed gold-copper explorer advancing a single large asset in Quebec. Comparable business model — junior explorer focused on district-scale gold (with copper credits) — and similar reliance on drill catalysts to drive valuation.
- Hot Chili: ASX-listed copper developer focused on porphyry and IOCG deposits in Chile. Comparable in size, commodity focus (copper), and growth-by-exploration business model targeting district-scale copper assets in the Americas.
Emerging players
- Kincora Copper: Junior copper-gold explorer focused on porphyry targets in Australia and Mongolia. Comparable as a small-cap pure-play copper explorer using successive drill programs to drive optionality, though smaller and earlier stage than Firetail.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights6 records
Customer concentration
Firetail Resources social profiles
Digital presenceFiretail Resources financial estimates
Financial estimateRevenue estimate
Valuation estimate
Firetail Resources leadership team
Management profileNumber of profiles
Profiles1 record
Firetail Resources funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Firetail Resources M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Firetail Resources
What does Firetail Resources do?
Firetail Resources is a junior mining exploration company that acquires, explores, and advances mineral properties targeting copper, zinc, silver, and gold deposits. The company operates a portfolio of four exploration projects across Canada (Skyline Copper), Peru (Picha Project), the USA (Excelsior Springs Gold in Nevada and Bella Gold in South Dakota), and holds Australian assets. Revenue is generated through eventual project divestment or acquisition by larger mining operators.
Is Firetail Resources a public or private company?
Firetail Resources is a private company. It is classified as public and is currently operating.
When was Firetail Resources founded?
Firetail Resources was founded in 2022. It employs 1 to 10 people.
Where is Firetail Resources based?
Firetail Resources is headquartered in Subiaco, Australia, in the Oceania region.
Who are Firetail Resources's main competitors?
Broad incumbents on record are Newmont, Lundin Mining, Barrick Gold, IAMGOLD and Capstone Copper. Direct peers are Firefly Metals, SolGold, Troilus Gold and Hot Chili. Kincora Copper is listed as an emerging player.
Does Firetail Resources have an API?
No public API is recorded for Firetail Resources.