Fireweed Metals is pleased to announce the closing of its previously announced non-brokered private placement for aggregate gross proceeds of $61,463,305. The Offering consisted of the issuance of 14,704,140 common shares of the Company at a price of $4.18 per Share, including a strategic investment by JX Advanced Metals alongside participation from trusts settled by the late Adolf H. Lundin. JX is a global leader in [...]
Fireweed Metals is pleased to announce a non-brokered private placement to raise gross proceeds of approximately $61.5 million, with participation from strategic investors, including JX Advanced Metals Corporation and the Lundin Family Trusts. Proceeds from the Offering will support the advancement of exploration and development activities at the Company's Macpass, Mactung, and Gayna projects located in northern Canada [...]
Fireweed Metals is pleased to report that it has engaged a team of internationally recognized engineering and technical consultants with extensive project delivery and licensing experience in the Yukon and northern Canada to complete an updated Feasibility Study for its 100%-owned Mactung Tungsten Project. CEO Statement Ian Gibbs, Fireweed President and CEO, stated: "Following our successful 2025 field season, we are [...]
Fireweed Metals and the Ross River Dena Council are pleased to announce the signing of a comprehensive Exploration and Collaboration Agreement relating to Fireweed's Mactung and Macpass critical mineral projects. This comprehensive Agreement demonstrates the strength of the relationship between RRDC and Fireweed, reflecting a shared commitment to respectful engagement and sustainable development. The Agreement: Formalizes [...]
Fireweed Metals announces that it is granting, pursuant to its stock option plan, a total of 3,673,600 stock options to certain employees and directors, exercisable at a price of $3.14 per share for a five-year term. Fireweed is an exploration company focused on unlocking value in a new critical metals district located in Northern Canada. Fireweed is 100% owner of the Macpass District, a large and highly prospective 985 [...]
Fireweed Metals is pleased to report the initial results of a major step-out drill hole at Tom South targeting laminated and stratiform zinc-lead-silver mineralization at its Macpass Project. Highlights Hole TS25-003, a 300 m step-out at Tom South ended with 58.30 m of laminated sulphides interbedded with black mudstones from 1,164 m downhole grading 2.33% zinc, 0.04% lead, and 1.79 g/t silver, including 5.24 m of 7.80 [...]
Fireweed Metals is pleased to report the results of the 2025 Gayna exploration program. Highlights Hole GR25-013 from 31.31 m downhole: 51.22 m of 4.4% Zinc, including 24.00 m of 7.3% Zn and 5.17 m of 10.0% Zn. Hole GR25-012 from 35.74 m downhole: 17.84 m of 3.4% Zn, including 3.00 m of 6.3% Zn. Hole GR25-009 from 224.03 m downhole: 2.00 m of 9.29% Zn, and 5.29 m of 2.02% Zn. CEO Statement Ian Gibbs, President and CEO [...]
Fireweed Metals is pleased to provide an update on the significant activities undertaken to advance its strategic Mactung tungsten project. Highlights Successful completion of a 11,117 m multi-purpose drill program comprising geotechnical, hydrogeological, and infill drilling combined with sampling for the geometallurgical testwork program, providing critical information in advance of the upcoming Feasibility Study which [...]
Fireweed Metals announces that pursuant to the Company's stock option plan, it granted stock options today, exercisable into 50,000 common shares in the Company to certain employees of the Company. The stock options are exercisable at a price of C$2.98 per share for a five-year term. Fireweed is an exploration company focused on unlocking value in a new critical metals district. Fireweed is 100% owner of the Macpass [...]
Fireweed Metals is pleased to report the results of the first drill holes from the Tom deposit that intersected high-grade zinc-lead-silver mineralization as part of the 2025 drill campaign at its Macpass Project. A major 115 m step-out down-dip at Tom South significantly extending the zone of high-grade massive sulfide mineralization Hole TS25-001D1: 30 m true width of 33.23% zinc equivalent, from 891.6 metres downhole [...]
ireweed Metals is pleased to announce the signing of a Contribution Agreement with Natural Resources Canada to support planning for infrastructure improvements in the existing North Canol corridor, the key overland access route to Fireweed's critical mineral projects at Macmillan Pass near the Yukon and Northwest Territories border. Signing this agreement marks Fireweed's successful completion of NRCan's due diligence [...]
Fireweed Metals is pleased to report the results of the first drill holes from Boundary Zone targeting anomalies generated from the muon tomography survey as part of the 2025 drill campaign at its Macpass Project. Highlights Hole NB25-004 from 202.60 m downhole: 4.40 m of 9.35% Zinc, 1.38% lead, and 21.2 g/t silver, including 1.20 m of 23.44% Zn, 4.15% Pb, and 55.8 g/t Ag, and 35.34 m of 3.39% Zn, including 7.97 m of [...]
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