Fireweed Metals Corp. is pleased to provide an update on the non-brokered private placement first announced August 10, 2023. The Offering was made available to existing shareholders with lead orders from the Lundin Family, Larry Childress, and others. It is fully subscribed with all allocations finalized. The Company will now work with counterparties to complete all necessary steps with final closing of the Offering [...]
Fireweed Metals Corp. is pleased to announce a non-brokered private placement for gross proceeds of up to CAD$16,800,000. Highlights The Offering is being made available to key existing shareholders with lead orders from the Lundin Family, Larry Childress, and others. The price of the Offering will be $1.92 per share, a significant premium to the current market price limiting dilution. There is no intention to upsize the [...]
Mactung is the world's largest high-grade deposit of the critical mineral tungsten**. Mineral resources total 41.5 Mt Indicated Resource at 0.73% WO3 and 12.2 Mt Inferred Resource at 0.59% WO3. In addition, an Exploration Target is estimated at 2.5 Mt to 3.5 Mt at a grade between 0.4% and 0.6% WO3, within the mining shapes that constrain the Mineral Resource. VANCOUVER, British Columbia, July 28, 2023 -- [...]
Initial results from the first 18 holes of the 2023 program have confirmed the connection between Boundary Main and Boundary West. These results reveal a continuous mineralized zone of stratiform laminated to massive sulphide in addition to extensive near-surface vein and breccia mineralization. The Boundary Zone stratiform mineralization has a strike length of over 400 m and has been followed down-dip for at least 350 [...]
The Tombstone-Tungsten Gold Belt is a Yukon gold district with multi-million-ounce gold and silver deposits and several recent gold discoveries. Fireweed's 980 km2 Macmillan Pass and Mactung projects are within the TTB and host not only some of the world's largest undeveloped resources for zinc and tungsten** but also a geological setting that is prospective for gold mineralization. Numerous gold targets have been [...]
A 73 m wide interval of massive sulphide zinc-lead mineralization has been intersected at Boundary Zone and is open along-strike and at depth, validating the feeder zone target, with plans for step-out holes in the interpreted direction towards the feeder. All three of the first drillholes at Boundary Zone have hit zinc-lead mineralization. Results indicate that the Boundary West and Boundary Main zones may be connected [...]
Initiating a Preliminary Economic Assessment to validate Project economics and evaluate opportunities to add value. Conducting metallurgical test program to validate and optimize tungsten recovery and assess the recoveries of by-products gold and copper. An environmental and socioeconomic assessment for the Project was completed in 2014, allowing for licensing processes to proceed. Planning additional environmental [...]
VANCOUVER, BC, June 13, 2023 /CNW/ - Trading resumes in: Company: Fireweed Metals Corp. TSX-Venture Symbol: FWZ All Issues: Yes Resumption : 11:45 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and [...]
Mactung is the world's largest high-grade deposit of the critical mineral tungsten*. Mineral resources total 41.5 Mt Indicated Resource at 0.73% WO3 and 12.2 Mt Inferred Resource at 0.59% WO3. In addition, an Exploration Target is estimated at 2.5 Mt to 3.5 Mt at a grade between 0.4% and 0.6% WO3, within the mining shapes that constrain the Mineral Resource. The resource estimate includes estimates for the critical [...]
VANCOUVER, BC, June 13, 2023 /CNW/ - The following issues have been halted by CIRO Company: Fireweed Metals Corp. TSX-Venture Symbol: FWZ All Issues: Yes Reason: Pending News Halt Time : 8:25 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization [...]
Fireweed Metals Corp. is pleased to announce the 2023 diamond drill program has started at Macmillan Pass and provide an operations update. Highlights 2023 will be Fireweed's largest ever drill program with goals to expand all known mineralized zones at Macmillan Pass. Drilling is underway with plans to complete 16,000+ m using five diamond drill rigs, with opportunity to increase. The focus of the initial phase of [...]
Fireweed Metals Corp. is pleased to announce the results of voting at its annual general meeting of shareholders which was held on May 31, 2023, in Vancouver, BC . Full details of all the voting results for the 2023 Meeting are available on SEDAR at www.sedar.com. A total of 35,535,951 common shares, representing 26.26% of the votes attached to all outstanding shares as at the record date for the Meeting, were represented [...]
