VANCOUVER, British Columbia, March 27, 2018 -- Fireweed Zinc Ltd. is pleased to announce the signing of two separate letter agreements for options to purchase significant large claim blocks adjacent to the Macmillan Pass Project, Yukon. The first agreement with Constantine Metal Resources Ltd. and Carlin Gold Corporation covers 624 quartz claims totaling 11,700 hectares. The second agreement with [...]
VANCOUVER, British Columbia, March 22, 2018 -- Fireweed Zinc Ltd. is pleased to announce the appointments of Mr. Gilles Dessureau to the position of V.P. Exploration, and Mr. Neil MacRae to the position of Investor Relations Manager. Mr. Gilles Dessureau will lead the exploration team for the Company going forward. Mr. Dessureau is a Professional Geologist with over 15 years of exploration and development experience in [...]
Fireweed Zinc announces that it has granted, pursuant to its stock option plan, a total of 860,000 stock options exercisable at a price of $1.45 per share for a five-year term. Employees and consultants were granted 485,000 stock options, and directors and officers were granted 375,000 stock options. Fireweed Zinc is a public mineral exploration company focused on zinc and managed by a veteran team of mining industry [...]
VANCOUVER, British Columbia, Feb. 27, 2018 -- Fireweed Zinc Ltd. is pleased to announce filing of the Tom and Jason Mineral Resource Report on www.SEDAR.com . This report titled “NI 43-101 Technical Report on the Macmillan Pass Zinc-Lead-Silver Project, Watson Lake & Mayo Mining Districts, Yukon Territory, Canada” and dated February 24, 2018 details and supports the Mineral Resource estimates announced by the [...]
British Columbia, Feb. 26, 2018 -- Fireweed Zinc Ltd. is pleased to announce that it has closed the previously announced brokered private placement . A total of 5,700,000 common shares of the Company and 3,000,000 flow-through common shares of the Company were sold at a price of $1.32 per Common Share and $1.66 per Flow-Through Share, for aggregate gross proceeds to Fireweed of $12,504,000 . The Offering was made through [...]
Fireweed Zinc Ltd. is pleased to announce that it has entered into an amending agreement with a syndicate of agents led by Haywood Securities Inc., and including Canaccord Genuity Corp. and GMP Securities L.P. , to increase the amount of the private placement financing from 3,810,000 common shares up to 5,700,000 common shares of the Company and up to 3,000,000 flow-through common shares of the Company at an issue price [...]
Fireweed Zinc Ltd. is pleased to announce that it is exercising its option with HudBay Minerals Inc. to earn a 100% interest in the Tom and Jason claims and assets within the Macmillan Pass Project in Yukon, Canada. In addition, the Company has entered into an agreement with a syndicate of agents led by Haywood Securities Inc., and including Canaccord Genuity Corp. and GMP Securities L.P. , to complete a private placement [...]
VANCOUVER, British Columbia, Jan. 18, 2018 -- Fireweed Zinc Ltd. is pleased to provide an update on the status of the Preliminary Economic Assessment work on the Macmillan Pass Zinc Project, and the appointment of Tim Oliver, PE, P.Eng., as the Company’s Oversight Engineer for the PEA work and report. Preliminary Economic Assessment Status With publication last week of the updated Mineral Resource for the Macmillan [...]
VANCOUVER, British Columbia, Jan. 10, 2018 -- Fireweed Zinc Ltd. is pleased to announce new combined mineral resource estimates in accordance with NI43-101 for the Tom and Jason zones on the Macmillan Pass Project . The new Base Case updated resource is reported in Table 1. Table 1: Base Case Mineral Resource Estimate Category Tonnes ZnEq % Zn % Pb % Ag g/t B lbs Zn B lbs Pb MOz Ag Indicated 11.21 9.61 6.59 2.48 21.33 [...]
VANCOUVER, British Columbia, Dec. 27, 2017 -- Fireweed Zinc Ltd. is pleased to provide a year-end review of its exceptional 2017 exploration results in its first year of operations after an over-subscribed IPO last May. 3D MODEL Highlights Drilling in 2017 confirmed and expanded on historic drill results in the large Tom and Jason zinc-lead-silver deposits on the Macmillan Pass Project . A number of holes intersected [...]
VANCOUVER, British Columbia, Dec. 05, 2017 -- Fireweed Zinc Ltd. is pleased to announce the final and best results from its 2017 verification and step out drill program on the Macmillan Pass Project in Yukon, Canada. Tom Jason Deposits Area Tom Deposit Area Photos accompanying this announcement are available at http://www.globenewswire.com/NewsRoom/AttachmentNg/f802a527-8c3a-4f45-b5ba-e6338f6bc511 [...]
VANCOUVER, British Columbia, Oct. 24, 2017 (GLOBE NEWSWIRE) -- Fireweed Zinc Ltd. (“Fireweed” or the “Company”) (TSXV: FWZ) is pleased to announce additional drill results from its 2017 verification and step out drill program on the Macmillan Pass Project in Yukon, Canada. These results are the second set of drill assays from the Jason Main Zone which is a wide zone of zinc-dominant mineralization [...]