Fireweed Zinc Ltd. is pleased to announce that it has completed the non-brokered private placement described in its news release of March 31, 2020. In connection with the closing of the Offering, the Company will issue an aggregate of 3,807,670 units at a price of CDN$0.30 per Unit for gross proceeds of CDN$1,142,301. Each Unit consists of one [...]
Fireweed Zinc Ltd. announces that due to high interest from existing shareholders, the size of the non-brokered private placement announced today has been increased to gross proceeds of up to CAD$1 million. The Offering will now consist of up to 3,333,333 common shares of the Company at a price of CAD$0.30 per share with a full four-year warrant [...]
Fireweed Zinc Ltd. announces a non-brokered private placement for gross proceeds of up to CAD$700,000, being led by certain large shareholders of the Company. Fireweed CEO, Brandon Macdonald, stated, I want to thank our major shareholders who stepped up with their financial support to help the Company weather these unprecedented difficult times [...]
Fireweed Zinc Ltd. is pleased to report that yesterday the Government of Yukon and the Ross River Dena Council First Nation announced that they have reached an agreement in principle for the North Canol Road and the Robert Campbell Highway under the umbrella of the Yukon Resource Gateway Project. The North Canol Road is the access road to [...]
Fireweed Zinc Ltd. is pleased to provide a year-end review of its 2019 results and work program on the large Macmillan Pass Zinc Project in Yukon, Canada. Highlights for 2019 Drilling at Boundary Zone intersected wide zones of potential open pit mineralization. Highlights are 100 metres of 7.94% zinc from surface including 6.4 metres of 42.88% zinc [...]
Fireweed Zinc Ltd. is pleased to announce receipt of a Class 4 Land Use Permit for the Macmillan Pass Zinc Project in Yukon, Canada. The Class 4 permit applies to the parts of the property covering the main deposits at Tom, Jason and End Zones. It replaces a Class 3 permit and allows a larger and more ambitious work program with up to a 150-person [...]
Fireweed Zinc Ltd. is pleased to announce the last results from the 2019 drilling at the Macmillan Pass Project in Yukon, Canada. These results are from the Boundary Zone located 15 road kilometres west of the Jason Deposit . Highlights This final 2019 drill hole at the Boundary Zone intersected 4.14% Zinc over a true width of 230 metres with a [...]
Fireweed Zinc Ltd. is pleased to announce results from the first 2019 drill hole on the Boundary Zone at the Macmillan Pass Project in Yukon, Canada. Boundary Zone is located 15 road kilometres west of the Jason Deposit . Highlights This first 2019 drill hole at the Boundary Zone intersected 3.44% Zinc over a true width of 250 metres with high [...]
Fireweed Zinc Ltd. is pleased to announce assays from additional drill holes at the Macmillan Pass Project in Yukon, Canada. Highlights Tom North hole TS19‑008 intersected 5.38% Zinc and 0.64% Lead over a true width of 10.9 metres improving on historic grades as a result of superior core recovery over the 1952 hole it twinned, again indicating that [...]
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 [...]
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 [...]
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 [...]