By Shane Lasley
Mining News
Fireweed Zinc cuts deal to buy Mactung
Adds to growing portfolio of Yukon, NWT critical metals assets North of 60 Mining News – June 10, 2022
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Last updated 6/16/2022 at 1:29pm
North American Tungsten
The Mactung project hosts hosts 33 million metric tons of indicated resource averaging 0.88% tungsten, a metal critical the United States, Canada, and European Union.
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 settlemen...
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