Sorted by date Results 26 - 50 of 79
On the heels of its successful Macmillan Pass zinc-lead exploration play in eastern Yukon Territory, Fireweed Metals Corp. is making a bid to expand its project portfolio in what may be an astute move. Studying the region's geology, the junior jumped territorial boundaries to stake nearly 129 square kilometers (50 square miles) of lapsed claims covering all historic showings and anomalies of the historical Gayna River zinc-lead-gallium-germanium project in Northwest...
Fireweed Metals Corp. Nov. 17 announced that its exploration program at Gayna River revealed several potential high-grade targets at this zinc-lead-gallium-germanium project in Canada's Northwest Territories. "The results from this year's exploration program at Gayna River demonstrate that there is potential for high-grade massive sulphides here, consistent with our approach in exploring Kipushi-style high-grade targets around the margins of these ancient carbonate reefs," sai...
Fireweed Metals Corp. Nov. 22 announced that the second hole drilled this year at Macmillan Pass cut an impressive 124 meters averaging 12.3% zinc, 1.3% lead, and 45.9 grams per metric ton silver in the Boundary West zone, the best intercept ever on the company's flagship property in Canada's Yukon. "The first results from the 2022 program include the best intersection we have ever had at Boundary zone, or anywhere on the property including our Tom and Jason deposits," said...
Whether on purpose or by accident, Fireweed "just can't stop finding zinc." Whether it is expanding zinc-lead-silver resources on its flagship Macmillan Pass project in the Yukon, gaining a better understanding of its newly acquired Mactung tungsten project straddling the Yukon-Northwest Territories, or carrying out reconnaissance exploration of its recently staked Gayna River zinc-lead-gallium-germanium project wholly in NWT, Fireweed Metals Corp. is having a successful...
Tungsten could be held ransom unless domestic mines open Tungsten, or wolfram, is the 74th element on the periodic table of elements and, like many other metals that have found their way onto critical mineral lists in Canada, Europe, and the United States, this sturdy metal is vulnerable to supply disruption. Tungsten has been known since prehistoric times, and as far back as 350 years ago, Chinese porcelain makers were using this element as a pigment to incorporate a unique...
Fireweed Metals Corp. July 26 announced the start of its 2022 diamond drilling program at the Macmillan Pass zinc-lead-silver project in Yukon, Canada. The 544-square-kilometer (210 square miles) Macmillan Pass property blankets a roughly 55-kilometer (34 miles) trend of zinc, lead, and silver mineralization just west of the Northwest Territories border. Two of its more advanced deposits – Tom and Jason – host 11.2 million metric tons of indicated resource averaging 6.59% (1....
Rare earths from the Nechalacho Mine being delivered into the supply chain marks the opening of a new critical minerals chapter in the story of mining in Northwest Territories – a saga that includes a 1930s gold rush to the territory's capital, a whole new town to support the Pine Point zinc mine, and the unlikely discovery of world-class diamond deposits in the famed Lac de Gras region. "We have an opportunity to add to our rich and long-standing mining story," Northwest Terr... Full story
Newly renamed Fireweed Metals Corp. (previously Fireweed Zinc) July 7 announced that a ground gravity survey has begun at its recently staked Gayna River zinc-lead-silver-germanium-gallium project in Northwest Territories, Canada. After acquiring the adjacent Mactung tungsten project from the NWT government for C$15 million, Fireweed opted to change its name to better define the broader spectrum of resources the company is exploring for. You can read about the Mactung...
Fireweed Zinc Ltd. June 20 announced that crews have been mobilized for the company's largest drill program so far at the Macmillan Pass property in Yukon, Canada. "We are very excited to start our 2022 season," said Fireweed Zinc Vice President of Exploration Gilles Dessureau. "It will be the largest and most ambitious program ever carried out by Fireweed at the Macmillan Pass project." The 544-square-kilometer (210 square miles) Macmillan Pass property blankets a roughly...
Fireweed Zinc Ltd. has agreed to buy the Mactung tungsten project from the Northwest Territories government for C$15 million (US$11.8 million), an acquisition that further expands the company's growing portfolio of critical mineral assets. Mactung lies within the traditional territories of the Kaska Dena and First Nation of Na-Cho Nyäk Dun, as well as the Sahtu Dene and Métis land claims settlement area of western Northwest Territories. This critical metal property s...
Fireweed Zinc Ltd. May 10 announced the staking of the Gayna River project in Northwest Territories, Canada, adding a prospective zinc-gallium-germanium-lead-silver project to its portfolio. "The acquisition of the Gayna River project by staking is a low-cost way for Fireweed to expand our portfolio of critical metals projects and add some exciting exploration potential," said Fireweed Zinc CEO Brandon Macdonald. "While our focus remains on our flagship Macmillan Pass...
On the heels of a productive exploration season in 2021 at the MacMillan Pass Project in Yukon Territory, Fireweed Zinc Ltd. has attracted additional capital from lead shareholders, including Australia-based Ibaera Equity Group and Teck Resources Ltd. The new infusion of capital – C$9.7 million in March and C$5.2 million in December – acknowledges the giant-sized zinc-lead-silver potential of the 940-square-kilometer package of mining claims now emerging in a fertile cor...
Fireweed Zinc Ltd. Mar. 10 announced the results from the last two holes at the Boundary West target – a recent discovery at the company's MacMillan Pass zinc-lead-silver project in Canada's Yukon. "The 2021 work was highlighted by new discoveries and excellent results especially at Boundary West," said Fireweed Zinc CEO Brandon Macdonald. "The 2021 drill program continued to grow Boundary and Boundary West. We continued to intersect wide high-grade zones over a large area a...
After tapping an intriguing discovery hole from its most recent Boundary West target, Fireweed Zinc Ltd. has further expanded efforts to explore the company's Macmillan Pass zinc-lead-silver project in southeastern Yukon. Comprised of a road-accessible project along the Northwest Territories border, the 544-square-kilometer (210 square miles) Macmillan Pass project blankets a roughly 55-kilometer (34 mile) trend of zinc, lead, and silver mineralization. Two deposits at Macmill... Full story
Mining exploration and production activity soared in Yukon Territory in 2021 thanks to high metals prices, pro-industry government policies, and mounting successes in the field. Bouncing back from some of the most challenging working conditions in modern history due to the COVID-19 pandemic, placer and hardrock miners stepped up the pace of their activities, posting record production numbers and promising exploration results. With the rollout of COVID vaccines and the prospect... Full story
Fireweed Zinc Ltd. Jan. 12 makes its first announcement of the year with assay results from a hole that cut 6.92% zinc, 5.03% lead, and 48.7 grams per metric ton silver at Tom East, the highest-grade deposit on the company's Macmillan Pass property in Canada's Yukon. Tom and the nearby Jason deposit currently host 11.2 million metric tons of indicated resource averaging 6.59% (1.63 billion pounds) zinc, 2.48% (620 million lb) lead, and 21.33 g/t (7.7 million ounces) silver;...
Fireweed Zinc Ltd. Nov. 18 reported significant copper mineralization encountered in a step-out hole drilled in the Boundary Zone at Macmillan Pass, bringing a new metal into play at this zinc-rich project in eastern Yukon. A road-accessible project next to the Northwest Territories border, the 940-square-kilometer (363 square miles) Macmillan Pass property covers a 55-kilometer (34 miles) trend of potential zinc-lead-silver and now copper mineralization. First drilled in...
Fireweed Zinc Ltd. Nov. 23 announced an update from the 2021 drilling program at Macmillan Pass in Yukon, Canada, with a substantial intersect cutting 16.1 meters of 10.4% zinc and 15.7 grams per metric ton silver in a step-out hole at Boundary West target. Accessible by road next to the Northwest Territories border, the 940-square-kilometer (363 square miles) Macmillan Pass property that covers a 55-kilometer (34 miles) trend of potential zinc, lead and silver...
Drill results from mineral exploration programs in Canada's Yukon Territory this year are beginning to roll in as numerous companies wind down 2021 field operations in what some describe as one of the busiest mining seasons in years. Coming on the heels of an eight-year capital market down-cycle, plus a 2020 season burdened with operating restrictions due to the COVID-19 pandemic, the current season is bringing more upbeat challenges to Canada's Far North typically associated...
Fireweed Zinc Ltd. Sept. 16 reported that the second hole drilled this year at the Boundary West target at its Macmillan Pass project in eastern Yukon has cut three distinct zones of zinc-lead-silver mineralization. "This step-out hole at Boundary West has delivered not one, but three very impressive intersections over significant widths," said Fireweed Zinc CEO Brandon Macdonald. "Encouragingly, these three intersections represent three separate zones of mineralization, inclu...
Fireweed Zinc Ltd. Aug. 17 reported that its first 2021 hole at Macmillan Pass cut a wide zone of strong zinc mineralization at the Boundary West discovery, including a very high-grade section reminiscent of the Tom and Jason deposits that currently host the resource at this expansive project in eastern Yukon, Canada. A road-accessible project next to the Northwest Territories border, the 940-square-kilometer (363 square miles) Macmillan Pass property covers a 55-kilometer...
Fireweed Zinc Ltd. July 27 reported wide zones of mineralization have been encountered in the first three holes drilled this year at the Boundary West discovery on the company's Macmillan Pass zinc-lead-silver project in eastern Yukon, Canada. A road-accessible project next to the Northwest Territories border, the 940-square-kilometer (363 square miles) Macmillan Pass property blankets a roughly 55-kilometer- (34 miles) trend of potential zinc-lead-silver mineralization. Two...
Fireweed Zinc Ltd. Feb. 3 reported a long intercept of strong zinc and silver mineralization in the discovery hole at Boundary West, a resource expansion target on the company's Macmillan Pass project in southeastern Yukon. A road accessible project against the Northwest Territories border, the 544-square-kilometer (210 square miles) Macmillan Pass project blankets a roughly 55-kilometer- (34 miles) trend of potential zinc-lead-silver mineralization. Two deposits at Macmillan...
Fireweed Zinc Ltd. targeted the expansion of known zones of high-grade zinc mineralization and exploration of new targets during a late-2020 season program at its 544-square-kilometer (210 square miles) Macmillan Pass project in eastern Yukon. Two deposits at Macmillan Pass – Tom and Jason – host 11.21 million metric tons of indicated resource averaging 6.59% (1.63 billion pounds) zinc, 2.48% (610 million lb) lead and 21.33 grams per metric ton (7.7 million ounces) sil... Full story
Fireweed Zinc Ltd. Nov. 23 announced that it has nearly doubled its land position in the Macmillan Pass area of eastern Yukon through the acquisition of two claim blocks that cover zinc, lead and silver targets to the west of its already large mineral exploration project. To acquire this western extension of the Macmillan Pass project, Fireweed entered into two separate agreements – one with QuestEx Gold & Copper Ltd. for approximately 74 square kilometers (18,300 acres) of m...