For thousands of other reports visit RSC's Mineral Intellingence Map
Fireweed Zinc Ltd.
Summary
| Project: | Macmillan Pass | |
|---|---|---|
| Deposit: | Tom, Jason | |
| Location: | Canada | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 1/10/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing PEA | |
| Report details: | 10-1-2018: Fireweed Zinc Ltd. announces a Resource Estimation report for its Tom, Jason deposit at the Macmillan Pass project. Initial current NI 43-101 resource estimate at Macmillan Pass. Vancouver, British Columbia: FIREWEED ZINC LTD. (“Fireweed” or th | |
| Resources: | (Resource): 11.21Mt @ 9.61% ZnEq (Ind.) and 39.47Mt @ 10% ZnEq(Inf.) at project | |
| CP/QP: | [Resources]: Leon McGarry (CSA Global Pty Ltd.) | |
| ABSTRACT: | Vancouver, British Columbia: FIREWEED ZINC LTD. (“Fireweed” or the “Company”) (TSXV: FWZ) 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 (Yukon, Canada). Fireweed CEO Brandon Macdonald stated, “These new Mineral Resource Estimates for Tom and Jason represent a substantial increase over the previous 2007 Mineral Resource Estimates. Building on this major milestone, we will now use these Mineral Resource Estimates along with pending new metallurgical test results, toward completion of a Preliminary Economic Assessment in the coming months to assess project economics. Next summer we will execute a larger drill program to expand on these mineral resources and test other targets for new discoveries within our large project area. We have made excellent progress in the short seven months since our IPO and plan an even more aggressive program in 2018 to drive this world-class project forward.” Fireweed will next use this new Mineral Resource Estimate in writing a Preliminary Economic Assessment in accordance with NI43-101, to evaluate future mine planning, metallurgy and project economics. Concurrently, interpretation of the results of the drilling, mapping, geochemistry and geophysics work from the 2017 field season are being carried out toward identifying high priority areas for exploration toward future new discoveries. Plans for the 2018 work program will include a larger drill program to further step out from the drilling done to date, drilling of other known zones, and field work toward development of new exploration targets on the large property. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report