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Fireweed Zinc Ltd.
Summary
| Project: | Macmillan Pass | |
|---|---|---|
| Deposit: | Tom West | |
| Location: | Canada | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 9/12/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-9-2017: Fireweed Zinc Ltd. announces an Exploration/Drilling Update report for its Tom West deposit at the Macmillan Pass project. Drilling results incl. 25.77m @ 10.20% Zn, 6.28% Pb, 87.7g/t Ag from 16.70m. Vancouver, British Columbia: FIREWEED ZINC L | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Brandon Macdonald (Internal) | |
| ABSTRACT: | Vancouver, British Columbia: FIREWEED ZINC LTD. (“Fireweed” or the “Company”) (TSXV: FWZ) is pleased to announce the first drill results from its 2017 verification and step out drill program on the Macmillan Pass Project in Yukon, Canada. “We are excited to see these results not just confirm the historic grades, but also exceed them significantly in places,” said CEO Brandon Macdonald. “These results also demonstrate the very high-grade nature of near surface areas of the Tom West Zone. We look forward to integrating these results into an updated NI43-101 compliant mineral resource later this year which will include not just these and other holes drilled this year, but also include the 11 holes drilled in 2011 after the last mineral resource was published in 2007.” Verification drilling in key locations has been completed now at both the Tom and Jason sites with most assays still pending. Re-sampling of select historic drill core has also been completed. These satisfy the inputs needed to write an updated NI43-101 compliant mineral resource report for the Tom and Jason zones which is expected to be completed by year end. Additional drilling of step out holes to expand on historic drill results as well as holes for metallurgical test work is continuing. Assay results for the additional verification, step out and metallurgical drill holes from this summer’s drilling will be published as they are received and interpreted. After publication of the updated NI43-101 compliant mineral resource report, Fireweed plans to undertake a NI43-101 compliant Preliminary Economic Assessment to evaluate project economics. | |
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