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    zinc investing

    Fireweed Zinc Begins Drilling on Macmillan Pass Zinc Project

    Written by Priscila Barrera
    |
    Jul. 21, 2017 08:55AM PST

    Fireweed Zinc (“Fireweed” or the “Company”) (TSXV: FWZ) is pleased to announce that drilling has begun on the Macmillan Pass Project. The Phase 1 program is planned for 2,000 meters of core drilling and other work with the main objectives of verifying and bringing the historic mineral resources on both the Tom and Jason zinc-lead-silver …

    Fireweed Zinc (“Fireweed” or the “Company”) (TSXV: FWZ) is pleased to announce that drilling has begun on the Macmillan Pass Project. The Phase 1 program is
    planned for 2,000 meters of core drilling and other work with the main objectives of verifying and bringing the historic mineral resources on both the Tom and Jason zinc-lead-silver deposits to current standards, as well as drilling of step out holes from the known zones to expand on historic work (see Fireweed news release dated June 1, 2017 for details of the historic mineral resources).
    As quoted in the press release:

    Phase 1 exploration work also includes re-sampling of select historic drill core to confirm assays from previous work, surface mapping and geochemical sampling in exploration for new discoveries, surveying to accurately locate old and new drill hole locations, airborne LiDAR surveying to produce an accurate topographic map of the property, and compilation of historical data. The results of the drilling and other work will be used to complete an updated NI 43-101 resource estimate before year end. Fireweed then plans to undertake a Preliminary Economic Assessment to evaluate project economics which is expected to be completed in the first half of 2018.

    Click here for the full text release

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