Fireweed Zinc Ltd. is pleased to provide details of exploration targets for the 2020 program at the Macmillan Pass Zinc Project in Yukon, Canada and announces stock option grants. The Company will hold an online townhall presentation with CEO Brandon Macdonald and Dr. Jack Milton on Tuesday, June 16th at 9 am PDT to provide details on the upcoming exploration plans and targets and will be available for questions; see [...]
Fireweed Zinc Ltd. provides details for participation in its virtual Annual General Meeting scheduled for May 28, 2020 at 10:00am . Due to the COVID-19 restrictions on public gatherings and in the best interest of the health of all participants in the Company’s AGM, the Company is holding the meeting on a virtual platform as noted in the Notice of Annual General Meeting issued April 27, 2020 and posted on www.sedar.com [...]
Fireweed Zinc Ltd. announces the appointment of Mr. Peter Hemstead, CPA, CMA to the Board of Directors and accepts the resignation of Mr. Richard Hajdukiewicz from the Board. Mr. Hemstead has over 20 years of finance experience and has a proven track record of providing strong financial leadership. He has extensive experience in financial management, corporate finance, project finance, treasury, commercial banking [...]
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 common share in the capital of the Company and one whole non-transferable [...]
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 exercisable at $0.60 per share but subject to accelerated expiry terms if the [...]
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. It is an indication of their strong belief in our people and in our [...]
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’s large Macmillan Pass Project and the Robert Campbell Highway is [...]
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 within 230 metres of 4.14% zinc. Initial ore sorting test results indicate [...]
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 camp, larger and more extensive exploration programs, and sets out [...]
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 near surface higher grade section of 7.94% Zinc over a true width of 100 [...]
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 grade subintervals including 16.35% Zinc over a drill intersection of 23.31 [...]
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 Tom North has potential to be mined in an open‑pit and improve current PEA [...]