Fireweed first assays reveal best intercept
NB22-002 cuts 124m of 12.3% Zn, 1.3% Pb, and 45.9 g/t Ag North of 60 Mining News – November 25, 2022
Last updated 11/23/2022 at 1:30pm
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 Fireweed Metals CEO Brandon Macdonald.
The MacMillan Pass best 124-meter intercept in hole NB22-002 included a 60-meter subsection averaging 19% zinc, 1.6% lead, and 64.7 g/t silver.
Not only did it return phenomenal results, this step-out hole successfully extended Boundary West massive sulfide mineralization, which remains open in multiple directions, including toward where geological vectors suggest a feeder zone may be present in which higher grades and thicknesses may be found.
NB22-002 also intersected an entirely new zone of massive sulfide and volcanics, which cut 18.5 meters averaging 6.15% zinc, 0.39% lead, and 14.3 g/t silver, and remains open to the south.
The company says that the increase in zinc, lead, and silver grades toward the east and with depth at Boundary West suggests that the feeder structure is located to the east and/or at depth from hole NB22-002, where the massive sulfide zone remains open.
"Boundary West seems to get higher grade the more we chase it to depth, and we see great potential for this massive sulphide zone – it is open along strike on both sides, and at depth, including in the direction toward the potential feeder structure," added Macdonald.
While NB22-002 has stolen the show, NB22-001 resulted in a successful step-out intersection of the laminated zinc mineralization at Boundary West that cut 4.87 meters averaging 6.71% zinc, 1.56% lead, and 40.5 g/t silver.
Ultimately, NB22-001 demonstrates continuity of the massive sulfide zone at Boundary West with a separate 38.27 meter intersect of dense massive pyrite-sphalerite and minor vein-hosted sphalerite that cut 1.22% zinc, 0.04% lead, and 14.9 g/t silver.
"These are impressive assays to kick off reporting of our 2022 drill results," finished Macdonald.