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(79) stories found containing 'Fireweed Zinc'


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  • Polaris ATV at road accessible Macmillan Pass zinc project Yukon Canada

    Fireweed Zinc ramps up Yukon exploration

    Shane Lasley, Mining News|Updated Sep 26, 2020

    Fireweed Zinc Ltd. Aug. 19 announced it is ramping up a late season drilling and exploration program at its Macmillan Pass zinc project in eastern Yukon. This program, which will include expansion of known zones of high-grade zinc mineralization and exploration of new zones, is being funded by a C$5.2 million financing completed earlier this month. "Our recent financing has allowed us to mount a big exploration program this summer that will run late into the season," said...

  • MacMillan Pass zinc lead silver project North Canol Road Yukon Territory

    Pact paves way for Yukon road upgrades

    Shane Lasley, Mining News|Updated Sep 26, 2020

    Government of Yukon and the Ross River Dena Council First Nation March 3 announced an agreement in principle has been reached for roughly C$71 million in upgrades to the North Canol Road and the Robert Campbell Highway under the Yukon Resource Gateway Project, a C$247.8 million federal program that is upgrading more than 650 kilometers (400 miles) of roads in the Yukon. Yukon is also contributing C$112.8 million to this road improvement project that will provide better access...

  • Expanding Boundary at Macmillan Pass

    Updated Sep 26, 2020

    Fireweed Zinc Ltd. Nov. 5 reported that drills cut 230 meters averaging 4.14 percent zinc from a depth of eight meters at Boundary, a zone currently not included in the resource for the company's 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 percent (1.63 billion pounds) zinc, 2.48 percent (610 million lb) lead and 21.33 grams per metric ton (7.7 million ounces) sil...

  • Junior awakens MacMillan Pass giant

    Rose Ragsdale, For Mining News|Updated Sep 26, 2020

    Another slumbering zinc giant is being awakened in Canada's far north. The MacMillan Pass project, a venture targeting an extensive package of mining claims assembled recently by junior mining company Fireweed Zinc Ltd., hosts the large, advanced Tom and Jason zinc-lead-silver deposits and other occurrences of these minerals in southeastern Yukon Territory. Established in 2015, Fireweed was organized specifically to investigate the potential of the MacMillan Pass area, where...

  • Boundary zinc could boost Macmillan Pass

    Updated Sep 26, 2020

    Fireweed Zinc Ltd. Oct. 16 reported that drills cut 250 meters averaging 3.44 percent zinc from the surface at Boundary, a zone currently not included in the resource for the company's 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 percent (1.63 billion pounds) zinc, 2.48 percent (610 million lb) lead and 21.33 grams per metric ton (7.7 million ounces) silver; plu...

  • Zinc intercepts confirm, expand Tom North

    Updated Sep 26, 2020

    Fireweed Zinc Ltd. Aug. 20 reported results from the first five holes drilled at the company's Macmillan Pass zinc project in eastern Yukon. Two deposits at Macmillan Pass – Tom and Jason – host 11.21 million metric tons of indicated resource averaging 6.59 percent (1.63 billion pounds) zinc, 2.48 percent (610 million lb) lead and 21.33 grams per metric ton (7.7 million ounces) silver; plus 39.47 million metric tons of inferred resource averaging 5.84 percent (5.08 bil...

  • Fireweed eyes more zinc, new targets

    Updated Sep 25, 2020

    Fireweed Zinc Ltd. June 12 announced that crews have begun work in preparation for the 2019 exploration program at Macmillan Pass, a 544-square-kilometer (210 square miles) zinc-lead silver project in eastern Yukon. Two deposits at Macmillan Pass – Tom and Jason – host 11.21 million metric tons of indicated resource averaging 6.59 percent (1.63 billion pounds) zinc, 2.48 percent (610 million lb) lead and 21.33 grams per metric ton (7.7 million ounces) silver; plus 39.47 mil...

  • Teck Resources put order in to acquire additional Fireweed Zinc shares Yukon

    Teck to up its stake in Fireweed Zinc

    Updated Sep 25, 2020

    Fireweed Zinc Ltd. Jan. 18 announced that Teck Resources Ltd. has put in a lead order to acquire shares during Fireweed's upcoming C$5 million private placement financing. Teck, which already holds a 4.7 percent interest in Fireweed, will up its holdings in the Yukon zinc explorer to around 9.9 percent. "Fireweed is delighted to see Teck grow their stake in the company to just shy of 10 percent," said Fireweed CEO Brandon Macdonald. "This is a strong vote of confidence in the...

  • Zinc exploration in the Selwyn SEDEX basin eastern Yukon

    Year of great accomplishments for Fireweed

    Updated Sep 25, 2020

    Fireweed Zinc Ltd. Jan. 2 provided a review of its accomplishments at Macmillan Pass during 2018, a year of resource and property expansion for the company's zinc-lead project in eastern Canada. Fireweed Zinc emerged on the mineral exploration scene in June of 2017 with the completion of a C$4 million initial public offering and an option to acquire Macmillan Pass, a property that covers 5,159 hectares (12,748 acres) of the zinc-rich Selwyn Basin. The most advanced targets on...

  • Fireweed Zinc exploration drilling Selwyn Basin Yukon Territory

    Fireweed seeks more MacMillan Pass zinc

    Updated Sep 25, 2020

    Fireweed Zinc Ltd. June 26 said it has begun a planned 10,000-meter drill program aimed at expanding and upgrading the high-grade zinc resource at Macmillan Pass, as well as exploring for new deposits across the company's 470-square-kilometer (181 square miles) project in Selwyn Basin of southeastern Yukon. "With a healthy treasury, we are planning to both drill to expand and upgrade our mineral resource and carry out aggressive exploration toward making new discoveries,"...

  • Macmillan Pass

    Fireweed doubles Yukon zinc land position

    Updated Sep 24, 2020

    Fireweed Zinc Ltd. March 27 reported that it has cut deals with Constantine Metal Resources Ltd. and Carlin Gold Corp. and Golden Ridge Resources Ltd. that significantly expands its land position in the Macmillan Pass Zinc District of eastern Yukon. Fireweed Zinc Ltd., a new exploration company, is focused on advancing the Jason and Tom zinc-lead-silver deposits at its Macmillan Pass property. Together, Jason and Tom host 11.21 million metric tons of indicated resource...

  • Mineral riches lure explorers to Yukon

    Rose Ragsdale, For Mining News|Updated Aug 14, 2020

    Though mineral exploration in Yukon Territory this year lagged the pace seen in 2018, mine development projects advanced at a steady clip in 2019, while several past-producing mines moved toward resuming output. Yukon ranked fourth in Canada for projected spending on mineral exploration and deposit evaluation for 2018, according to statistics distributed by Natural Resources Canada. Spending for mineral exploration and deposit evaluations totaled C$249.4 million, made up of C$... Full story

  • Fireweed drills zinc deposit extensions

    Shane Lasley, Mining News|Updated Aug 14, 2020

    Fireweed Zinc Ltd. focused its 2019 exploration on continuing to add high-grade resources at Macmillan Pass, a 544-square-kilometer (210 square miles) zinc-lead-silver project in eastern Yukon. Two deposits at Macmillan Pass – Tom and Jason – host 11.21 million metric tons of indicated resource averaging 6.59 percent (1.63 billion pounds) zinc, 2.48 percent (610 million lb) lead and 21.33 grams per metric ton (7.7 million ounces) silver; plus 39.47 million metric tons of inf...

  • Mining Explorers 2018 Yukon mining and mineral exploration

    Explorers seek big finds in north country

    Rose Ragsdale, For Mining News|Updated Mar 1, 2019

    More than three dozen explorers chased lucrative mineral deposits in Yukon Territory in 2017 and most of these junior and senior companies returned to the northern jurisdiction this year to take another crack at hitting the jackpot. Known for its rich and storied gold mining history as well as its rugged mountain peaks, Yukon is roughly 15 percent larger than California, covering more than 482,000 square kilometers (186,272 square miles). Split off from the Northwest... Full story

  • Zinc lead silver exploration drilling Selwyn Basin Yukon

    ME2018: Fireweed Zinc Ltd.

    Updated Nov 1, 2018

    Fireweed Zinc Ltd. is focused on advancing Macmillan Pass, a 470-square-kilometer (181 square miles) road-accessible zinc-lead-silver project in Selwyn Basin in southeastern Yukon Territory. Two deposits at Macmillan Pass – Tom and Jason – host 11.21 million metric tons of indicated resource averaging 6.59 percent (1.63 billion pounds) zinc, 2.48 percent (610 million lb) lead and 21.33 grams per metric ton (7.7 million ounces) silver; plus 39.47 million metric tons of inf... Full story

  • Mining Explorers 2017: A renaissance for Yukon's mining legacy

    Shane Lasley, Mining News|Updated Jan 24, 2018

    As some of the world's biggest gold miners nab exciting plays that turned up across Yukon Territory during the past decade, Yukon's mining explorers continue to seek the next generation of mine projects in the northwestern-most Canadian territory. Many of the up and coming mines in Yukon also are getting a boost from C$360 million in upgrades to roads into some of Yukon's richest mining districts. Known as the Yukon Resource Gateway project, the endeavor to modernize... Full story

  • Startup zinc explorer begins Yukon drilling

    Updated Jan 14, 2018

    Fireweed Zinc Ltd. July 21 announced the start of a 2,000-meter drill program at the Macmillan Pass zinc-lead-silver project in southeastern Yukon. The primary objectives of this initial phase of drilling is to verify historic mineral resources at the Tom and Jason deposits, and step-out drilling to expand the deposits. Together, these deposits host 6.43 million metric tons of historical resources averaging 6.3 percent zinc, 5.5 percent lead and 56.6 grams per metric ton silver in the indicated category; and 25.55 million...

  • Fireweed options more zinc claims in SE Yukon

    Updated Jan 14, 2018

    Fireweed Zinc Ltd. Aug. 8 announced it has signed an Option and Exploration Agreement on Newmont Mining Corp.'s MAC claims, which extends northwest from Fireweed's Macmillan Pass zinc project in southeastern Yukon. Selwyn Basin, where both properties are located, is known for the sedimentary exhalative zinc‐lead‐silver deposits found there. The newly optioned MAC claims cover 16,780 hectares (41,460 acres) of the Selwyn Basin, which quadruples the area of Fireweed's Macmillan Pass Project. These claims cover the...

  • Fireweed hits high- grade zinc at Jason

    Updated Jan 13, 2018

    Fireweed Zinc Ltd. Oct. 10 reported high-grade zinc results from the first four holes drilled at Jason, one of two deposits the company is testing with confirmation drilling during its 2017 program at the Macmillan Pass project in eastern Yukon. JS17-01, the first hole drilled at Jason this year, cut 7 meters of 12.16 percent zinc and 3.13 percent lead from a depth of 172.3 meters. Other highlighted intercepts include 10.5 meters of 7.82 percent copper and 1.39 percent lead from a depth of 155.2 meters in hole JS17-02; and...

  • Nice zinc intercepts at Macmillan Pass

    Updated Jan 13, 2018

    Fireweed Zinc Ltd. Oct. 24 reported high-grade zinc intercepts from verification drilling in the Jason Main zone results at its Macmillan Pass project in eastern Yukon. The best intercept from this second batch of assay results from 2017 drilling at Jason include 13.1 meters of 13.24 percent zinc and 3.38 percent lead. Another hole cut 15.7 meters of 10.22 percent zinc and 1.95 percent lead. Another hole drilled at Jason earlier this year cut 7 meters of 12.16 percent zinc and 3.13 percent lead. The results from this year's...

  • Fireweed off to a good start at Macmillan Pass

    Updated Jan 11, 2018

    Fireweed Zinc Ltd. Sep. 12 reported results from the first five holes of its 2017 drill program on the Macmillan Pass zinc project in eastern Yukon. The best intercept so far came in hole TS17-03, which cut 24.4 meters averaging 10.2 percent zinc, 6.28 percent lead and 87.7 grams per metric ton silver. Fireweed said this intersection confirms the very high grades near the surface of the Tom West zone. Hole TS17-05, also drilled at Tom West cut 27.7 meters averaging 6.35 percent zinc, 3.15 percent lead and 34.2 g/t silver....

  • New zinc explorer emerges in Yukon

    Shane Lasley|Updated Jun 11, 2017

    Fireweed Zinc Ltd. May 29 announced the completion of a C$4 million initial public offering and the start of trading on the TSX Venture Exchange. Fireweed is a new exploration company that has an option to acquire Macmillan Pass, a major advanced zinc-lead project in eastern Yukon. Macmillan Pass includes two large zinc-lead-silver deposits known as Tom and Jason. Together, these deposits historical resources of 6.43 million metric tons averaging 6.33 percent zin, 5.505...

  • Copper miner wins prestigious PDAC award

    Rose Ragsdale, For Mining News|Updated Mar 30, 2014

    The Prospectors and Developers Association of Canada bestowed its prestigious "Viola R. MacMillan Award" on Capstone Mining Corp., owner and operator of the Minto Mine in central Yukon Territory at its annual convention in Toronto on March 3. The award is named in honor of the PDAC's longest-serving president and is given to a person or company demonstrating leadership in management and financing for the exploration and development of mineral resources. Capstone, a Vancouver-based base metals miner focused on copper, won the...

  • Mining Explorers 2012: Capstone Mining Corp.

    Updated Nov 11, 2012

    CS: TSX President and CEO: Darren Pylot Senior Vice President and COO: Gregg B. Bush, B.Sc. (Metallurgical Eng.) Vice President, Exploration: Brad Mercer, P. Geol. Capstone Mining Corp. is focused on operating, expanding and exploring its assets, including mines or mine projects in Yukon Territory, British Columbia, Mexico and Chile. The Minto copper-gold-silver mine in central Yukon Territory and the high-grade Kutcho copper-zinc-gold-silver deposit in northwestern British Columbia are Capstone's only northern Canada...

  • Recession drives miners into mergers

    Rose Ragsdale, For Mining News|Updated Aug 30, 2009

    The recession is taking its toll among mining companies with properties in Alaska and northwestern Canada as mergers and acquisitions surged in this sector during the second quarter, in step with a global industry trend. Companies across the exploration and development spectrum from mining giants to the smallest juniors closed on deals with firms that are struggling to survive the recent cash crunch as independent entities. The Wall Street Journal reported in early August that according to data provider Dealogic, value of... Full story

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