Fireweed Zinc Ltd. is pleased to announce further results from the 2020 drilling at Boundary Zone, Macmillan Pass Project in Yukon, Canada. These are the first results from Boundary Zone West, discovered in 2020 with a 360 metre step out hole, and located 15 road kilometres west of the Tom-Jason deposits . Highlights Hole NB20-004 intersected 4.22% Zinc, 0.34% Lead and 25.6 g/t Silver over 76.5 m including 6.46% Zinc [...]
Fireweed Zinc Ltd. is pleased to announce the first results from the 2020 drilling at the Macmillan Pass Project in Yukon, Canada. These results are from Boundary Zone, located 15 road kilometres west of the Tom-Jason deposits . Highlights Significant assays over wide sections have been received from the first two diamond drill holes, NB20-001 and NB20-002, drilled in the central Boundary Zone area. Hole NB20-002 [...]
Fireweed Zinc Ltd. announces that as a result of the most recent drill results discovering new mineralized zones at Boundary, the Company has expanded the search area with strong discovery potential. Two distinct systems were drilled at the new discovery at Boundary West: an upper sequence and a lower sequence of stratiform zinc mineralization. These stratiform systems are overprinted by wide intervals of vein-hosted [...]
Fireweed Zinc Ltd. is pleased to announce the signing of two separate agreements to acquire significant large claim blocks on the western extensions of Boundary Zone and the Fertile Corridor in the Macmillan Pass area, Yukon. The first agreement with QuestEx Gold & Copper Ltd. comprises 410 claims covering a total area of 74 km2. The second agreement with two private arms-length individuals comprises 1,582 claims covering [...]
Fireweed Zinc Ltd. announces that additional wide zones of mineralization have been intersected at Boundary West Zone on the Macmillan Pass Project, Yukon, Canada. Drilling has now been completed for the 2020 season. Assays for all holes are pending. An airborne VTEM-magnetic geophysics survey and final sampling of drill core are being completed as the camp winds down for the winter. Highlights A total of 10 diamond-drill [...]
Fireweed Zinc Ltd. is pleased to announce that significant widths of near-surface zinc-lead mineralization have been discovered at a new target west of Boundary Zone. Six core holes have been drilled at Boundary Zone and area, and six RC holes have been drilled at Tom. All three rigs remain drilling on the property. Highlights Wide zones of mineralization have been discovered at a new gravity target located 360 m west of [...]
Fireweed Zinc Ltd. is pleased to announce the appointment of Mr. James Scott to the Management Team as Senior Vice President Projects. In this position, he will lead and coordinate the multiple activities that are required to advance the Macmillan Pass Project toward production. His role will include holistic oversight of studies, engineering, environmental baseline, permitting, community relations, government relations [...]
Fireweed Zinc Ltd. is pleased to announce that the ground gravity geophysical survey has been completed and has highlighted a possible substantial extension to the Boundary Zone. A third drill rig has been added to the program. Highlights 48.5 line-kilometer of ground gravity has been completed, and preliminary results show a potential extension of Boundary Zone Holes NB20-001 and NB20-003 at Boundary Zone have been [...]
Fireweed Zinc Ltd. is pleased to announce closing of its non-brokered private placement announced August 26, 2020 for gross proceeds of CAD$2.065 million. The Offering consists of 3,277,293 common shares of the Company at a price of CAD$0.63 per share with a half two-year warrant exercisable at CAD$0.95 per share for gross proceeds of CAD$2,064,695. The proceeds from the Offering will be used for exploration and [...]
Fireweed Zinc Ltd. is pleased to announce that drilling has started on the 100% owned 544 km2 Macmillan Pass Zinc-Lead-Silver Project in Yukon, Canada. This is in addition to the field work already in progress on the property since July that includes geophysical, geochemical, and geological work. Highlights Two core drills have begun drilling at Boundary Zone Most drilling this season will be at Boundary Zone, further [...]
Fireweed Zinc Ltd. is pleased to announce a non-brokered private placement for gross proceeds of up to CAD$2.0 million. The Offering will consist of up to 3,174,603 common shares of the Company at a price of CAD$0.63 per share with a half two-year warrant exercisable at CAD$0.95 per share. Fireweed CEO Brandon Macdonald stated, “We welcome the additional demand from strong investors and are glad to add more to our already [...]
Fireweed Zinc Ltd. is pleased to announce the appointment of Mr. Marcus Chalk to the Board of Directors. Mr. Chalk has over 25 years experience as a leading strategic and capital markets advisor in the global metals and mining industry. Prior to founding GenCap Mining Advisory in May 2020, he spent the past 14 years leading the Vancouver mining investment banking team at Scotiabank. Prior to that, he was at Macquarie [...]