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 [...]
Fireweed Zinc Ltd. is pleased to announce the results from its first drill hole at the End Zone on the Macmillan Pass Project in Yukon, Canada. Properties Map For The Macmillan Pass Project End Zone Area Image End Zone Cross Section S433153E Macmillan Pass 2018 Drilling Summary Highlights Hole EZ18-001 intersected 4.56% Zinc, 17.43% Lead and 145 g/t Silver over 8.6 metres in a hole drilled in the middle of the End Zone [...]
Fireweed Zinc Ltd. is pleased to announce further drill results from its 2018 drill program on the Macmillan Pass Project in Yukon, Canada. Tom Deposit Area Drill Plan Tom West Zone - Cross Section Macmillan Pass 2018 Drilling Summary Highlights Hole TS18-012 intersected 8.43% Zinc, 3.23% Lead and 35 g/t Silver over 28.22 metres in a hole drilled on the southern end of the Tom West Zone Hole TS18-014 intersected 7.99 [...]
Fireweed Zinc Ltd. is pleased to announce that it has signed a 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. Properties Map For The Macmillan Pass Project Table 1 Historic Boundary Zone Mineralized Drill Intersection Highlights. Highlights Nidd hosts established zinc mineralization [...]
Fireweed Zinc Ltd. is pleased to announce further drill results from its 2018 drill program on the Macmillan Pass Project in Yukon, Canada. Tom Deposit Area Drill Plan Tom East Zone - Cross Section Tom West Zone - Cross Section Macmillan Pass 2018 Drilling Summary Highlights Hole TS18-010 intersected 8.11% Zinc, 6.31% Lead and 82 g/t Silver over 10.16 meters in an infill hole in the Tom East Zone confirming previous drill [...]
Fireweed Zinc Ltd. is pleased to announce further drill results from its 2018 drill program on the Macmillan Pass Project in Yukon, Canada. Tom Deposit Area Drill Plan Cross Section S7003614N Macmillan Pass 2018 Drilling Summary Highlights Hole TS18-005 intersected 12.61% Zinc, 16.40% Lead and 221 g/t Silver over 12.73 meters Hole TS18-008 intersected 9.65% Zinc, 8.21% Lead and 80 g/t Silver over 29.14 meters These two [...]
Fireweed Zinc Ltd. is pleased to announce the first drill results from its 2018 drill program on the Macmillan Pass Project in Yukon, Canada. Tom Deposit Area Drill Plan Macmillan Pass Project, Tom East Deposit 2018 Drilling - Cross Section Macmillan Pass Project, Tom East Deposit 2018 Drilling - Long Section Highlights Hole TS18-004 intersected 21.1% Zinc, 13.5% Lead and 243 g/t Silver over 16.41 meters This hole was [...]
Fireweed Zinc Ltd. is pleased to provide an exploration update on the Macmillan Pass Zinc Project in Yukon, Canada. Drilling A total of 4,225m of core drilling in 16 holes have been completed to date. First assays are anticipated in the coming weeks. Drill holes completed are: Eleven step out and infill drill holes on the southern and northern extensions of the Tom West Zone Two step out drill holes on the southern [...]