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Providing coverage of Alaska and Northwest Canada's mineral industry
September 2017

Vol. 22, No. 38 Week of September 17, 2017

Mining News: Fireweed off to a good start at Macmillan Pass

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 cam 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. “We are excited to see these results not just confirm the historic grades, but also exceed them significantly in places,” said Fireweed CEO Brandon Macdonald. “These results also demonstrate the very high-grade nature of near surface areas of the Tom West zone.” Results from additional holes drilled at Tom and Jason, the two main deposits at MacMillan Pass, are pending. The results from the 2017 program, along with 11 holes drilled by a former operator in 2011, will be included in an updated mineral resource later this year. –SHANE LASLEY






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