Fireweed Zinc Ltd. is pleased to announce assays from the first five drill holes in the Tom North open pit target and a step out hole at Tom West at the Macmillan Pass Project in Yukon, Canada. Drilling has now finished on the property and additional assays from multiple zones are pending. Highlights Tom North hole TS19-002 intersected 6.36% Zinc and 0.65% Lead over 9.00 metres and TS19‑001 intersected 6.19% Zinc and [...]
Fireweed Zinc Ltd. is pleased to announce positive results from an initial preconcentration test using state-of-the-art X-ray Fluorescence ore sorting technology on samples from the Boundary Zone at the Macmillan Pass Zinc Project, Yukon, Canada. Boundary Zone is a discrete bulk-tonnage, advanced exploration target located 15 kilometres northwest of the Jason zinc-lead-silver deposit. The principal results of the XRF test [...]
Fireweed Zinc Ltd. is pleased to provide an update on its exploration program at the Macmillan Pass Zinc Project in Yukon, Canada. Highlights 12 core drill holes completed; seven at the Tom North target, one at the Tom West Zone, one at the Tom East Zone, one at Target R and two at the Jason North target. Drilling now started at Target A. Gravity geophysics crews have completed surveying about half of Fertile Corridor [...]
Fireweed Zinc Ltd. is pleased to provide an update on its exploration program at the Macmillan Pass Zinc Project in Yukon, Canada. Highlights Seven core drill holes completed; five at the Tom North target, one at the Tom West Zone, and one at the Tom East Zone Seventeen reverse circulation holes completed on six targets Gravity geophysics crew surveying along Fertile Corridor Geological mapping, sampling, and prospecting [...]
Fireweed Zinc Ltd. is pleased to announce that drilling and field work for the 2019 summer campaign has now started on the Macmillan Pass Zinc Project in Yukon, Canada. Highlights Core drilling has begun on the first target at Tom North Reverse circulation drilling has begun on Target R The gravity surveying crew has arrived to begin work in the Fertile Corridor Geological mapping, sampling, and prospecting are underway [...]
Fireweed Zinc Ltd. is pleased to announce that the first field crews have been mobilized to the Macmillan Pass Zinc Project in Yukon, Canada. The first tasks will be construction of drill sites on the first target area at Tom North and general preparation of the camp, facilities and equipment for the summer exploration program. Drilling and other field work are expected to begin within seven days. Highlights for the 2019 [...]
Fireweed Zinc Ltd. is pleased to announce plans for its 2019 exploration program on the Macmillan Pass Zinc Project in Yukon, Canada. The Company anticipates that the drilling campaign will start in June and will include both greenfield targets and step-out drill targets. Highlights 2019 plans for at least 2000 m core drilling and 1000 m of RC drilling Drilling of prospective greenfield targets to test for new deposits on [...]
Fireweed Zinc Ltd. is pleased to announce closing of the non-brokered private placement announced January 18, 2019 for total gross proceeds of CAD$5,013,992. The private placement includes a lead order by strategic investor Teck Resources Ltd. and an order from the Company’s largest shareholder, RCF Opportunities Fund L.P. . Highlights Teck’s participation in the Offering has increased their interest in the [...]
Fireweed Zinc Ltd. is pleased to announce a non-brokered private placement for gross proceeds of up to CAD$5 million. The private placement includes a lead order by strategic investor Teck Resources Ltd. . Highlights Teck’s participation in the Offering will increase their interest in the Company from 4.7% to approximately 9.9% The $5 million offering will provide Fireweed with capital to fund a 2019 work program [...]
Fireweed Zinc Ltd. is pleased to provide a year-end review of its 2018 results and work program on the Macmillan Pass Zinc Project in Yukon, Canada. Properties Map For The Macmillan Pass Project Highlights for 2018* In January 2018, Fireweed published new expanded Mineral Resources making it the largest undeveloped zinc and lead resource in the world held by a junior company with 11.2 Mt at 9.6% ZnEq Indicated plus 39.5 [...]
Fireweed Zinc Ltd. is pleased to announce the final results from its 2018 drill program on the Macmillan Pass Project in Yukon, Canada, with high grade holes drilled at End Zone. Properties Map for the Macmillan Pass Project End Zone Area End Zone – Cross Section Macmillan Pass 2018 Drilling Summary Highlights Hole EZ18-002 intersected 4.78% Zinc, 10.17% Lead, and 87 g/t Silver over 11.08 metres in a hole drilled in [...]
Fireweed Zinc Ltd. is pleased to announce closing of the previously announced sale and purchase agreement with Teck Metals Ltd. , a subsidiary of Teck Resources Ltd. , to acquire the Nidd Property on the western extension of the Macmillan Pass Zinc Project in Yukon, Canada. With this acquisition Fireweed has consolidated the Macmillan Pass Zinc District and now controls 544 square kilometers of highly prospective zinc [...]