Fireweed Intersects 81.3 m of 8.5% Zinc, 1.1% Lead, and 47.0 g/t Silver, Including 12.4 m of 17.2% Zinc, 2.0% Lead, and 79.1 g/t Silver at Boundary Zone

Fireweed continues to grow Boundary Zone with multiple wide, high-grade zones of zinc-lead-silver mineralization in step-out holes within stratiform, laminated to massive sulphides, which demonstrate strong continuity of the system, and potential for further step-outs of the mineralized zones.
Hole NB23-016 intersected 81.3 m (35 m estimated true width) of 8.5% zinc, 1.1% lead, and 47.0 g/t silver, including 12.4 m of 17.2% zinc, 2.0% lead, and 79.1 g/t silver. This hole also intersected a separate interval of 12.84 m grading 4.5% zinc and 8.8 g/t silver.
Hole NB23-012 intersected 67.78 m (41 m estimated true width) grading 6.3% zinc, 1.2% lead, and 52.0 g/t silver including 10.52 m of 12.8% zinc, 2.3% lead, and 105.7 g/t silver.
Hole NB23-011 intersected 44.83 m (8.5 m estimated true width) grading 8.3% zinc, 1.2% lead, and 42.9 g/t silver including 18.83 m of 12.2% zinc, 1.3% lead, and 63.9 g/t silver.
Assays are pending for 24 remaining drillholes from Boundary Zone, 10 holes from the Tom deposit and 2 holes from the Jason deposit.

Fireweed Metals CORP. ("Fireweed" or the "Company") (TSXV: FWZ; OTCQB: FWEDF; FSE: M0G) is pleased to report additional assay results from its 2023 exploration at the Macmillan Pass ("Macpass") Project, Yukon, Canada, and provide an update from its largest ever drill program.

CEO Statement

Brandon Macdonald, CEO, stated, "We are delighted by the continued demonstration of scale, strength, and continuity of mineralization at the Boundary Zone. The results today further illustrate the significance of Boundary Zone within the Macpass Project. Critically, the recent results give us a clearer picture of the geometries of the stratiform massive sulphide zones and surrounding vein, breccia, and replacement style mineralization. We have now completed our largest ever drill program, which has started to reveal the true scale of the mineralization at Boundary Zone and we eagerly await many more results from Boundary Zone, and the Tom and Jason deposits."

Results from Boundary Zone

Following up on drilling from 2022 and the compelling initial results of the 2023 program to date, Fireweed continues to test the extents of the high-grade feeder zone target. This zone is interpreted to occur as at least one tabular layer within a broader sediment hosted massive sulphide system. Drilling also continues to define the more distal expressions of this stratiform system near surface, as well as delineating the extensive replacement, vein, and breccia styles of mineralization. The results from 2023 continue to return high-grade zinc values that support the stratiform mineralization model, as well as better defining the vein, breccia and replacement mineralization near surface.

Table 1: Assay highlights for holes 011 to 016 of the 2023 drilling program, Boundary Zone.

Drillhole	Interval	From (m)	To (m)	Interval Width (m)	Est. True Width (m)	Zinc (%)	Lead (%)	Silver (g/t)	Bulk Density (t/m ³ )
NB23-011	Primary	204.5	249.3	44.83	8.5	8.3	1.2	42.9	3.2
NB23-011	Including	204.5	223.3	18.83	3.6	12.2	1.3	63.9	3.5
NB23-011	>Including	208.5	214.5	6.00	1.1	20.7	2.3	107.8	3.5
NB23-012	Primary	223.5	291.3	67.78	41	6.3	1.2	52.0	3.9
NB23-012	Including	223.5	279.1	55.57	34	7.2	1.4	57.1	3.9
NB23-012	>Including	223.5	234.0	10.52	6.3	12.8	2.3	105.7	3.8
NB23-012	>>Including	225.5	231.0	5.52	3.3	16.7	3.1	136.2	4.0
NB23-012	Primary	320.1	352.4	32.26	N/A	3.0	0.0	5.9	3.0
NB23-012	Including	320.1	328.5	8.36	N/A	4.6	0.1	8.3	3.1
NB23-013	Primary	408.1	437.9	29.77	20	2.9	0.3	27.7	4.3
NB23-013	Including	415.5	427.2	11.66	7.8	4.8	0.5	37.0	4.7
NB23-014	Primary	71.1	83.3	12.17	N/A	4.3	1.5	38.3	3.4
NB23-014	Including	78.0	83.3	5.27	N/A	6.7	3.0	66.2	3.3
NB23-014	Primary	149.9	161.4	11.53	N/A	3.2	0.3	9.7	3.3
NB23-015	Primary	124.1	220.0	95.87	N/A	3.2	1.1	18.5	3.1
NB23-015	Including	141.5	176.5	34.98	N/A	6.0	1.9	28.3	3.0
NB23-015	>Including	146.9	157.5	10.63	N/A	10.5	4.9	64.6	3.1
NB23-015	Including	215.7	220.0	4.26	N/A	6.1	4.4	78.6	3.7
NB23-015	Primary	253.9	297.8	43.98	N/A	2.0	0.7	13.1	3.3
NB23-015	Including	274.0	278.0	3.94	N/A	7.0	0.6	14.7	3.1
NB23-016	Primary	135.8	148.6	12.84	N/A	4.5	0.1	8.8	3.6
NB23-016	Primary	332.9	414.2	81.34	35	8.5	1.1	47.0	3.7
NB23-016	Including	332.9	405.9	73.02	31	9.0	1.1	50.1	3.7
NB23-016	>Including	332.9	337.5	4.62	2.0	12.1	1.4	72.5	4.2
NB23-016	>Including	349.0	399.0	50.04	21	10.7	1.3	55.6	3.8
NB23-016	>>Including	352.0	364.4	12.39	5.3	17.2	2.0	79.1	4.2

Fireweed continues to successfully intersect pyrite-sphalerite-galena as stratiform massive sulphides, laminated mineralization, replacement mineralization, veins, and breccias in the 2023 step-outs (Photos 1 to 3). Zinc mineralization has been intersected in every step-out hole that has been completed to depth. Assays have been received for the first sixteen Boundary Zone holes (Tables 1 and 2). Brief summaries of mineralized zones within all other holes at Boundary Zone, Tom, and Jason along with outcomes from exploration holes are listed in Table 3.

Hole NB23-016 intersected an 81.34 m interval of stratiform massive sulphide grading 8.46% zinc, 1.06% lead, and 47.0 g/t silver with an estimated true width of approximately 35 m. In addition, two other distinct intervals were intersected, comprising 12.84 m of 4.54% zinc, and 8.8 g/t silver, and 7.68 m of 6.87% zinc, and 9.5 g/t silver.
Hole NB23-012 intersected a 67.78 m intersection (41 m estimated true width) correlated with the stratiform massive sulphides grading 6.26% zinc, 1.22% lead, and 52.0 g/t silver and a 26.17 m interval of vein mineralization grading 3.18% zinc and 8.4 g/t silver.
Hole NB23-011 intersected 44.83 m of stratiform massive sulphide (8.5 m estimated true width) grading 8.30% zinc, 1.16% lead, and 42.9 g/t silver, and two other intercepts of vein style mineralization: 7.99 m grading 4.47% zinc and 8.9 g/t silver; and 9.03 m grading 3.69% zinc, 0.31% lead, and 26.4 g/t silver.
Hole NB23-013 intersected 29.77 m (20 m estimated true width) of stratiform massive sulphide grading 2.87% zinc, 0.28% lead and 27.7 g/t silver, as well as two intervals of vein style mineralization: 5.35 m grading 8.31% zinc, 0.25% lead, and 31.0 g/t silver; and 5.55 m grading 7.71% zinc, 0.68% lead, and 32.9 g/t silver.
Hole NB23-015 intersected two zones of vein style mineralization: 95.87 m grading 3.21% zinc, 1.06% lead, and 18.5 g/t silver; and 43.98 m grading 1.99% zinc, 0.68% lead, and 13.1 g/t silver.
Hole NB23-014 intersected 12.17 m of stratiform massive sulphide grading 4.27% zinc, 1.51% lead, and 38.3 g/t silver.
Hole NB23-010 intersected a distal, near surface expression of the stratiform mineralization that graded 1.79% zinc, 0.40% lead, 9.6 g/t silver over 3.09 m.
Hole NB23-009 was abandoned at 67 m due to ground conditions and redrilled as NB23-011.

See Tables 1, 2 and 3, Long Section M-M', Cross Section B–B', Cross Section J–J', Cross Section K–K', Cross Section H-H', Cross Section L–L', Cross Section N–N' and Maps 2 and 3 below for further details.

Step-out drilling at Boundary Zone targeting the massive–stratiform zone has resulted in the visual identification of many wide intersections of zinc-lead mineralization with assays pending. The most significant intersections can be seen on Long Section M-M' and are listed here:

NB23-019 intersected 57 m of massive sulphide.
NB23-022 intersected 55 m of massive sulphide.
NB23-028 intersected 140 m of feeder-proximal laminated to massive sulphides.
NB23-029D1 intersected 21 m of stratiform massive sulphide.
NB23-032 intersected 18 m of stratiform massive sulphide.
NB23-034 intersected 49 m of stratiform massive sulphide.
NB23-035 intersected 15 m of stratiform massive sulphide.
NB23-036 intersected 45 m of stratiform massive sulphide.
NB23-037 intersected 110 m of feeder-proximal laminated to massive sulphide.
NB23-038 intersected 13 m of stratiform massive sulphide.

Out of the 40 holes drilled at Boundary Zone in 2023, 36 were step-out holes that tested the replacement and vein mineralization, laminated stratiform mineralization, and massive sulphide zones. The geometry and stratigraphic sequence intersected in these holes continue to support the idea that the laminated and massive sulphide mineralization are part of the same geological layer at Boundary Zone, forming an approximately tabular stratiform zone. Step out drilling down-dip intersected abundant galena, supporting the presence of the conceptual feeder zone. While this remains a preliminary interpretation of the available geological data, continued drilling supports this model, extending the depth of mineralization in the massive stratiform layer from surface to at least 400 m, with the zone becoming higher grade and wider in the deeper intersections (Long Section M-M').

Extensive vein, breccia, and replacement mineralization at Boundary Zone occurs both above and below the main stratiform laminated massive sulphide zone. Many wide intervals of vein, breccia and replacement style sphalerite mineralization have been encountered in 2023 step-out holes and four infill holes (Table 3).

2023 Drill Program Drilling Update

The 2023 program is now complete, having achieved 22,500 m of drilling mostly focused on Boundary, Tom, and Jason zones (Map 1). Higher than forecast drill penetration rates over the initial portion of the season and additional financing allowed Fireweed to expand the program from 16,000 m to >22,000 m. The expanded program included additional step-out holes at Boundary Zone, Tom South and Jason South, in addition to five metallurgical drill holes at Mactung.

About Fireweed Metals Corp. (TSXV: FWZ; OTCQB: FWEDF; FSE: M0G): Fireweed Metals is a public mineral exploration company on the leading edge of Critical Minerals project development. Fireweed is well-funded, with a healthy balance sheet, and has three projects located in Canada:

Macpass Project (Zinc-Lead-Silver) : Fireweed owns 100% of the district-scale 940 km ² Macmillan Pass ("Macpass") Project in Yukon, Canada, which is host to one of the largest undeveloped zinc resources in the world* where the Tom and Jason zinc-lead-silver deposits have current Mineral Resources ¹ (11.21 Mt Indicated Resource at 6.59% zinc, 2.48% lead, and 21.33 g/t silver; and 39.47 Mt Inferred Resource at 5.84% zinc, 3.14% lead, and 38.15 g/t silver) and a Preliminary Economic Assessment² (PEA). In addition, Boundary Zone, Tom North and End Zone have significant zinc-lead-silver mineralization drilled but not yet classified as mineral resources. The Project also includes large blocks of adjacent claims with known showings and significant upside exploration potential.
Mactung Project (Tungsten) : The Company owns 100% interest in the 37.6 km ² Mactung Project located adjacent to the Macpass Project. Recently announced mineral resources for Mactung (41.5 Mt Indicated Resource at 0.73% WO ₃ and 12.2 Mt Inferred Resource at 0.59% WO ₃ ) ³ make it the world's largest high-grade resource of the Critical Mineral tungsten*. Located in Canada, it is one of the rare large tungsten resources outside of China*.
Gayna Project (Zinc-Lead-Gallium-Germanium) : Fireweed owns 100% of the 128.75 km ² Gayna Project located 180 km north of the Macpass Project. It is host to extensive mineralization including Critical Minerals zinc, gallium and germanium as well as lead and silver, outlined by 28,000 m of historical drilling. A recent reevaluation of the geology indicates the potential for high-grade Kipushi-style massive sulphide mineralization.

Qualified Person Statement

Technical information in this news release has been approved by Fireweed's VP Geology, Dr. Jack Milton, P.Geo. (BC), a ‘Qualified Person' as defined under Canadian National Instrument 43-101.

In Canada, Fireweed (TSXV: FWZ) trades on the TSX Venture Exchange. In the USA, Fireweed (OTCQB: FWEDF) trades on the OTCQB Venture Market ( www.otcmarkets.com ) and is DTC eligible for enhanced electronic clearing and settlement. In Europe, Fireweed (FSE: M0G) trades on the Frankfurt Stock Exchange.

Additional information about Fireweed and its projects can be found on the Company's website at FireweedMetals.com and at www.sedarplus.com

ON BEHALF OF Fireweed Metals CORP.

" Brandon Macdonald "

CEO & Director

Contact: Brandon Macdonald
Phone: (604) 646-8361
Email: info@fireweedmetals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Data Verification

The diamond drill core logging and sampling program was carried out under a rigorous quality assurance / quality control program using industry best practices. Drill intersections in this release are NQ2 size core (50.5 mm/ 1.99-inch diameter) with recoveries typically above 85% unless otherwise noted in the results tables. After drilling, core was cleaned, logged for geology, structure, and geotechnical characteristics, then marked for sampling and photographed on site. Certain cores were selected for core scanning. The cores for analyses were marked for sampling based on geological intervals with individual samples 2 m or less in length, with 1 m samples within mineralized zones. Drill core was cut lengthwise in half with a core saw; half-core was sent for assays reported in this news release, and the other half is stored on site for reference. Bulk density was determined on site for the entire length of each sample assayed by measurement of mass in air and mass in water. Sample duplicate bulk density determinations and in-house bulk density standard determinations were each made at a rate of 5%. Since 2017, four in-house bulk density standards (mineralized drill core from the Tom deposit that span a range of densities) have been used and show an acceptable long-term precision. Certified standard masses are used to calibrate the scale balance used for bulk density determinations.

A total of 5% assay standards or blanks and 5% core duplicates are included in the sample stream as a quality control measure and are reviewed after analyses are received. Standards and blanks in 2023 drill results to date have been approved as acceptable. Duplicate data add to the long-term estimates of precision for assay data on the project and precision for drill results reported is deemed to be within acceptable levels. Samples were sent to the Bureau Veritas preparation laboratory in Whitehorse, Yukon, where the samples were crushed and a 500 g split was sent to the Bureau Veritas laboratory in Vancouver, B.C to be pulverized to 85% passing 200 mesh size pulps. Clean crush material was passed through the crusher and clean silica was pulverized between each sample. The pulps were analyzed by 1:1:1 Aqua Regia digestion followed by Inductively Coupled Plasma Mass Spectrometry (ICP-ES/ICP-MS) multi-element analyses (BV Code AQ270). All samples were also analyzed for multiple elements by lithium borate fusion and X-ray fluorescence analysis (XRF) finish (BV Code LF725). Over-limit lead (>25.0%) and zinc (>24.0%) were analyzed by lithium borate fusion with XRF finish (BV Code LF726). Silver is reported in this news release by method AQ270, and zinc and lead are reported by LF725 or LF726. Bureau Veritas (Vancouver) is an independent, international ISO/IEC 17025:2005 accredited laboratory. Assay values are rounded to one decimal place other than in Table 2 and Cross Sections where zinc and lead grades are reported to two decimal places.

Results in this news release are length and bulk-density weighted averages as would be used in a Mineral Resource estimate. Length and bulk-density weighted averages have been reported as these most accurately represent the average metal-content of the intersections.

True widths for primary intervals are estimated by measuring perpendicular to strike within the short axis of a stratiform wireframe that has been constructed in 3D around the mineralized intercepts at Boundary Zone based on assay results, geological logging, stratigraphic correlation, and bedding measurements from oriented core. The massive sulphide mineralization and laminated mineralization at Boundary Zone are mostly stratiform (oriented parallel to bedding), therefore the true width, or thickness, of the zone is estimated perpendicular to both the strike and dip direction of bedding. Vein and breccia mineralization at Boundary Zone are interpreted to be stockworks and true widths are estimated to be approximately equal to intersected widths and marked as N/A in the assay tables. True widths are rounded to the nearest metre for widths over 10 m and to the nearest 0.1 m for widths less than 10 m, as this better reflects the precision of the estimates. True widths should be regarded as approximate as these are derived from an estimation that uses a preliminary interpretation of the geological model. True widths for nested intervals (marked as "Including" in results tables) are estimated using a ratio of included to primary intersected widths to attribute appropriate portions of the true width of the primary interval to the nested intervals.

Sphalerite and galena have been identified visually by experienced core logging geologists, and licenced professional geoscientists, confirmed by portable XRF (X-Ray fluorescence). No absolute visual estimates of mineral abundances or inferences of potential zinc or lead grades have been stated for holes without assay values in this news release.

Cautionary Statements

Forward Looking Statements

This news release contains "forward-looking" statements and information ("forward-looking statements"). All statements, other than statements of historical facts, included herein, including, without limitation, statements relating to interpretation of drill results and projections of mineralization, future work plans, the use of funds, and the potential of the Company's projects, are forward looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements are based on the beliefs of Company management, as well as assumptions made by and information currently available to Company management and reflect the beliefs, opinions, and projections on the date the statements are made. Forward-looking statements involve various risks and uncertainties and accordingly, readers are advised not to place undue reliance on forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include but are not limited to, exploration and development risks, unanticipated reclamation expenses, expenditure and financing requirements, general economic conditions, changes in financial markets, the ability to properly and efficiently staff the Company's operati ons, the sufficiency of working capital and funding for continued operations, title matters, First Nations relations, operating hazards, political and economic factors, competitive factors, metal prices, relationships with vendors and strategic partners, governmental regulations and oversight, permitting, seasonality and weather, technological change, industry practices, uncertainties involved in the interpretation of drilling results and laboratory tests, and one-time events. The Company assumes no obligation to update forward ‐ looking statements or beliefs, opinions, projections or other factors, except as required by law.

Footnotes and References

* References to relative size and grade of the Mactung resources and Macpass resources in comparison to other tungsten and zinc deposits elsewhere in the world, respectively, are based on review of the Standard & Poor's Global Market Intelligence Capital IQ database.

¹ : For details, see https://www.sedarplus.ca/ Fireweed Technical Report titled "NI 43-101 Technical Report on the Macmillan Pass Zinc-Lead-Silver Project, Watson Lake and Mayo Mining Districts Yukon Territory, Canada" filed on https://www.sedarplus.ca/ on February 23, 2018, and Fireweed News Release dated January 10, 2018.

² : For details, see https://www.sedarplus.ca/ Fireweed Technical Report titled "NI 43-101 Technical Report Macmillan Pass Project Yukon Territory Canada" filed on https://www.sedarplus.ca/ on July 9, 2018, and Fireweed News Release dated May 23, 2018. This Technical Report includes a Preliminary Economic Analysis disclosing an economic analysis of mineral resources that is preliminary in nature and does not include any mineral reserves. It is equally emphasized that the mineral resources disclosed within this Technical Report are not mineral reserves and do not have demonstrated economic viability.

³ : For details, see Fireweed news release dated June 13, 2023 "Fireweed Metals Announces Mineral Resources for the Mactung Project: the Largest High-Grade Tungsten Deposit in the World" and the technical report entitled "NI 43-101 Technical Report, Mactung Project, Yukon Territory, Canada," with effective date July 28, 2023 filed on https://www.sedarplus.ca/

Map 1: Macpass Project and Mactung Project locations.

Map 2 : Location of 2023 Boundary Zone drillholes, cross sections and long section M–M'. See below for sections.

Map 3 : Mineralized intervals in 2023 drilling and pre-2023 drilling defining a stratiform laminated to massive sulphide zone that is connected at depth (purple polygon) and a broader envelope of vein, breccia, and other stratiform zinc mineralization, showing significant areal extent (within green dashed line).

Long Section M–M' – Estimated true thickness interpretation and selected intersections with zinc grades shown within the laminated to massive sulphide stratiform zone of pyrite-sphalerite-galena mineralization at Boundary Zone including midpoints of holes with assays pending.

Cross Section B–B' — Including analytical results for holes NB23-013.

Cross Section H–H' — Including analytical results for holes NB23-014 and NB23-015.

Cross Section J–J' — Including analytical results for holes NB23-016.

Cross Section K–K' — Including Holes NB23-004, NB23-006, and NB23-008.

Cross Section L–L' — Including analytical results from Hole NB23-011

Cross Section N–N' — Including analytical results from Hole NB23-012

Photo 1: High resolution core scanning image of stratiform and massive to semi-massive sulphide mineralization in NB23-016 (351.1 m to 360.4 m).

Photo 2: High resolution core scanning image of sphalerite-pyrite-siderite vein and matrix replacement mineralization in NB23-016 (172.1 m to 182.0 m).

Photo 3: High resolution core scanning image of sphalerite-pyrite-galena-siderite breccia, vein and replacement mineralization in NB23-015 (142.8 m to 152.8 m).

Table 2: NB23-006, NB23-008, NB23-009, NB23-010, and NB23-011, NB23-012, NB23-013, NB23-014, NB23-015, NB23-016 Drill Results.

Drillhole	Interval	From (m)	To (m)	Interval Width (m)	Est. True Width (m)	Zinc (%)	Lead (%)	Silver (g/t)	Bulk Density (t/m ³ )
NB23-006**	Entire Hole ^†	0.0	373.0	373.00	N/A	1.23	0.05	4.0	3.0
NB23-008**	Entire Hole ^†	0.0	385.0	385.00	N/A	1.80	0.07	4.9	3.1
NB23-009	Entire Hole ^† *	0.0	67.0	67.00	ABANDONED	-	-	-	-
NB23-010	Entire Hole ^† *	0.0	96.0	96.00	N/A	0.19	0.08	2.1	2.8
NB23-011	Entire Hole ^†	0.0	290.9	290.93	N/A	1.84	0.24	10.4	2.9
NB23-011	Primary	78.4	86.4	7.99	N/A	4.47	0.04	8.9	3.2
NB23-011	Primary*	106.7	115.8	9.03	N/A	3.69	0.31	26.4	3.0
NB23-011	Including	204.5	249.3	44.83	N/A	8.30	1.16	42.9	3.2
NB23-011	Primary	204.5	249.3	44.83	8.5	8.30	1.16	42.9	3.2
NB23-011	Including	204.5	223.3	18.83	3.6	12.24	1.29	63.9	3.5
NB23-011	>Including	208.5	214.5	6.00	1.1	20.71	2.27	107.8	3.5
NB23-011	Primary	237.3	242.3	5.00	N/A	9.51	2.96	56.3	3.1
NB23-012	Entire Hole ^†	0.0	452.0	452.00	N/A	1.77	0.27	13.7	3.1
NB23-012	Primary	111.8	138.0	26.17	N/A	3.18	0.15	8.4	2.9
NB23-012	Primary	114.4	120.1	5.61	N/A	7.06	0.04	7.2	3.0
NB23-012	Primary	138.0	223.5	85.50	N/A	0.12	0.01	0.5	2.8
NB23-012	Primary	223.5	291.3	67.78	41	6.26	1.22	52.0	3.9
NB23-012	Including	223.5	279.1	55.57	36	7.18	1.44	57.1	3.9
NB23-012	>Including	223.5	234.0	10.52	6.3	12.79	2.30	105.7	3.8
NB23-012	>>Including	225.5	231.0	5.52	3.3	16.72	3.14	136.2	4.0
NB23-012	Primary	249.0	278.1	29.07	N/A	8.13	1.72	57.3	4.0
NB23-012	Primary	291.3	320.1	28.86	N/A	0.79	0.07	7.8	3.0
NB23-012	Primary	320.1	352.4	32.26	N/A	2.98	0.05	5.9	3.0
NB23-012	Including	320.1	328.5	8.36	N/A	4.59	0.05	8.3	3.1
NB23-013	Entire Hole ^†	0.0	551.0	551.00	N/A	0.52	0.06	5.5	3.0
NB23-013	Primary	224.4	229.7	5.35	N/A	8.31	0.25	31.0	4.3
NB23-013	Primary	224.4	229.7	5.35	N/A	8.31	0.25	31.0	4.3
NB23-013	Primary	277.5	283.0	5.55	N/A	7.71	0.68	32.9	3.4
NB23-013	Primary	277.5	282.0	4.55	N/A	8.86	0.79	37.4	3.4
NB23-013	Primary	408.1	437.9	29.77	20	2.87	0.28	27.7	4.3
NB23-013	Including	415.5	427.2	11.66	7.8	4.80	0.53	37.0	4.7
NB23-014	Entire Hole ^†	0.0	224.0	224.00	N/A	0.62	0.20	5.8	2.9
NB23-014	Primary	71.1	83.3	12.17	N/A	4.27	1.51	38.3	3.4
NB23-014	Including	78.0	83.3	5.27	N/A	6.69	2.96	66.2	3.3
NB23-014	Primary	149.9	161.4	11.53	N/A	3.23	0.30	9.7	3.3
NB23-015	Entire Hole ^†	0.0	339.0	339.00	N/A	1.32	0.45	8.9	3.0
NB23-015	Primary	124.1	220.0	95.87	N/A	3.21	1.06	18.5	3.1
NB23-015	Including	141.5	176.5	34.98	N/A	5.97	1.87	28.3	3.0
NB23-015	>Including	146.9	157.5	10.63	N/A	10.51	4.90	64.6	3.1
NB23-015	Including	215.7	220.0	4.26	N/A	6.08	4.35	78.6	3.7
NB23-015	Primary	253.9	297.8	43.98	N/A	1.99	0.68	13.1	3.3
NB23-015	Including	274.0	278.0	3.94	N/A	7.00	0.55	14.7	3.1
NB23-016	Entire Hole ^†	0.0	461.0	461.00	N/A	2.38	0.25	12.8	3.0
NB23-016	Primary	41.1	45.3	4.20	N/A	10.01	0.25	30.1	3.6
NB23-016	Primary	42.2	44.1	1.92	N/A	16.96	0.38	46.8	4.2
NB23-016	Primary	135.8	148.6	12.84	N/A	4.54	0.07	8.8	3.6
NB23-016	Primary	140.8	148.6	7.84	N/A	5.93	0.06	9.9	3.6
NB23-016	Primary	174.8	182.5	7.68	N/A	6.87	0.01	9.5	2.9
NB23-016	Primary	177.7	181.5	3.74	N/A	11.01	0.02	14.7	3.0
NB23-016	Primary	332.9	414.2	81.34	35	8.46	1.06	47.0	3.7
NB23-016	Including	332.9	405.9	73.02	31	9.02	1.13	50.1	3.7
NB23-016	>Including	332.9	337.5	4.62	2.0	12.07	1.44	72.5	4.2
NB23-016	>Including	349.0	399.0	50.04	21	10.74	1.35	55.6	3.8
NB23-016	>>Including	352.0	364.4	12.39	5.3	17.22	2.04	79.1	4.2

* Denotes intervals with recovery of less than 85%

** Individual intercepts reported in a previous release

† Entire hole intervals contain large continuous sections of very low grade or not mineralized material (below 2% zinc)—intersections of continuous higher-grade material (>2% zinc) are listed as Primary and Included intervals and represent mineralized material.

‡ See "Data Verification" for a description of true width calculations

Table 3: 2023 Drilling Summary.

Drillhole	Length (m)	Zone	Significant Intersection	Type
NB23-001	460	Boundary	Results disclosed Jul 26	Step Out
NB23-002	351	Boundary	Results disclosed Jul 26	Step Out
NB23-003	418	Boundary	Results disclosed Jul 26	Step Out
NB23-004	432	Boundary	Results disclosed Aug 22	Step Out
NB23-005	234	Boundary	Results disclosed Aug 22	Step Out
NB23-006	373	Boundary	Results disclosed Aug 22	Step Out
NB23-007	461	Boundary	Results disclosed Aug 22	Step Out
NB23-008	385	Boundary	Results disclosed Aug 22	Step Out
NB23-009	67	Boundary	Hole abandoned and redrilled as NB23-011	Step Out
NB23-010	96	Boundary	Results disclosed in this release	Step Out
NB23-011	289	Boundary	Results disclosed in this release	Step Out
NB23-012	452	Boundary	Results disclosed in this release	Step Out
NB23-013	551	Boundary	Results disclosed in this release	Step Out
NB23-014	223	Boundary	Results disclosed in this release	Step Out
NB23-015	339	Boundary	Results disclosed in this release	Step Out
NB23-016	460	Boundary	Results disclosed in this release	Step Out
NB23-017	96	Boundary	Narrow Zone Encountered	Step Out
NB23-018	195	Boundary	Moderate Zone Encountered	Step Out
NB23-019	560	Boundary	Wide Zone Encountered	Step Out
NB23-020	414	Boundary	Wide Zone Encountered	Infill
NB23-021	442	Boundary	Wide Zone Encountered	Infill
NB23-022	386	Boundary	Wide Zone Encountered	Step Out
NB23-022D1	448	Boundary	Narrow Zone Encountered	Step Out
NB23-023	181	Boundary	Moderate Zone Encountered	Step Out
NB23-024	402	Boundary	Wide Zone Encountered	Infill
NB23-025	580	Boundary	Moderate Zone Encountered	Step Out
NB23-026	111	Boundary	Narrow Zone Encountered	Step Out
NB23-027	396	Boundary	Wide Zone Encountered	Infill
NB23-028	477	Boundary	Wide Zone Encountered	Step Out
NB23-029	640	Boundary	Wide Zone Encountered	Step Out
NB23-029D1	689	Boundary	Narrow Zone Encountered	Step Out
NB23-030	526	Boundary	Wide Zone Encountered	Step Out
NB23-031	574	Boundary	Moderate Zone Encountered	Step Out
NB23-032	495	Boundary	Moderate Zone Encountered	Step Out
NB23-033	681	Boundary	Narrow Zone Encountered	Step Out
NB23-034	580	Boundary	Wide Zone Encountered	Step Out
NB23-035	552	Boundary	Moderate Zone Encountered	Step Out
NB23-036	397	Boundary	Wide Zone Encountered	Step Out
NB23-037	544	Boundary	Wide Zone Encountered	Step Out
NB23-038	427	Boundary	Moderate Zone Encountered	Step Out
TS23-001	143	Tom North	Minor Mineralization Encountered	Step Out
TS23-002	182	Tom North	Minor Mineralization Encountered	Step Out
TS23-003	299	Tom West	Wide Zone Encountered	Step Out
TS23-004	369	Tom West	Moderate Zone Encountered	Step Out
TS23-005	407	Tom West	Moderate Zone Encountered	Step Out
TS23-006	137	Tom West	Moderate Zone Encountered	Step Out
TS23-007	215	Tom West	Moderate Zone Encountered	Step Out
TS23-008	428	Tom West	Moderate Zone Encountered	Step Out
TS23-009	749	Tom South	Wide Zone Encountered	Step Out
TS23-009D1	747	Tom South	Wide Zone Encountered	Redrill
TS23-009D2	821	Tom South	Wide Zone Encountered	Step Out
JS23-001	631	Jason South	Narrow Zone Encountered	Step Out
JS23-001D1	665	Jason South	Wide Zone Encountered	Step Out
BX23-001	219	Boundary South	No significant mineralization	Exploration
BX23-002	144	Boundary South	No significant mineralization	Exploration
KB23-001	368	Kobuk	No significant mineralization	Exploration
KB23-002	284	Kobuk	No significant mineralization	Exploration

Table 4: Drill Hole Collar Information

Drillhole	Zone	Length (m)	Easting	Northing	Elevation (m.s.l)	Azimuth (°)	Dip (°)
NB23-001	Boundary	460	422297	7010471	1185.86	211.99	-76.42
NB23-002	Boundary	351	422235	7010525	1194.57	214.06	-70.22
NB23-003	Boundary	418	422235	7010525	1194.57	213.40	-78.00
NB23-004	Boundary	432	422171	7010556	1203.00	213.91	-78.08
NB23-005	Boundary	234	422058	7010589	1207.95	199.63	-49.74
NB23-006	Boundary	373	422171	7010556	1203.00	215.44	-70.02
NB23-007	Boundary	461	422058	7010589	1207.95	206.37	-86.43
NB23-008	Boundary	385	422171	7010556	1203.00	215.83	-60.07
NB23-009	Boundary	67	422058	7010589	1208.67	198.54	-75.41
NB23-010	Boundary	96	422241	7010385	1150.41	212.28	-45.00
NB23-011	Boundary	289	422058	7010589	1208.67	201.59	-75.40
NB23-012	Boundary	452	422289	7010534	1200.90	211.75	-69.90
NB23-013	Boundary	551	422072	7010666	1233.59	214.94	-77.68
NB23-014	Boundary	223	422241	7010384	1150.86	213.68	-70.83
NB23-015	Boundary	339	422241	7010385	1150.41	213.36	-84.00
NB23-016	Boundary	461	422274	7010600	1216. 70	209.88	-72.96
NB23-017	Boundary	96	422279	7010359	1142.67	191.27	-46.90
NB23-018	Boundary	195	422279	7010359	1142.67	190.21	-65.21
NB23-019	Boundary	561	422289	7010534	1200.90	209.95	-81.31
NB23-020	Boundary	414	422465	7010510	1191.44	204.85	-63.35
NB23-021	Boundary	442	422391	7010500	1190.07	201.97	-77.01
NB23-022	Boundary	386	421948	7010672	1232.44	178.85	-74.18
NB23-022D1	Boundary	448	421948	7010672	1232.44	177.78	-74.00
NB23-023	Boundary	181	422449	7010351	1145.42	211.82	-49.18
NB23-024	Boundary	405	422348	7010550	1203.82	199.65	-50.18
NB23-025	Boundary	582	422343	7010620	1219.03	196.94	-74.05
NB23-026	Boundary	111	422449	7010351	1145.42	210.02	-65.44
NB23-027	Boundary	451	422348	7010550	1203.82	197.18	-72.46
NB23-028	Boundary	467	422222	7010587	1209.75	211.38	-65.44
NB23-029	Boundary	630	422124	7010731	1250.31	196.21	-75.67
NB23-029D1	Boundary	690	422124	7010731	1250.31	196.21	-75.67
NB23-030	Boundary	526	422535	7010614	1214.65	211.44	-62.01
NB23-031	Boundary	574	422329	7010671	1235.88	207.69	-69.87
NB23-032	Boundary	493	422165	7010640	1224.09	210.08	-62.01
NB23-033	Boundary	681	422228	7010663	1233.01	211.31	-73.88
NB23-034	Boundary	580	422138	7010674	1237.24	199.07	-72.40
NB23-035	Boundary	552	422228	7010663	1232.97	199.00	-72.02
NB23-036	Boundary	398	422289	7010534	1200.89	212.26	-59.46
NB23-037	Boundary	544	422228	7010663	1232.94	204.73	-66.10
NB23-038	Boundary	427	422001	7010675	1233.60	179.75	-68.10
TS23-001	Tom North	143	441761	7004226	1492.16	075.08	-49.66
TS23-002	Tom North	182	441761	7004226	1492.16	074.97	-80.38
TS23-003	Tom West	299	441676	7004024	1445.00	074.17	-68.51
TS23-004	Tom West	369	441694	7003884	1463.34	067.38	-71.48
TS23-005	Tom West	407	441761	7003770	1510.00	063.25	-75.35
TS23-006	Tom West	137	441779	7004076	1485.36	065.15	-50.08
TS23-007	Tom West	215	441779	7004076	1485.36	065.23	-78.04
TS23-008	Tom West	428	441816	7003717	1538.00	089.53	-88.95
TS23-009	Tom South	749	442363	7003106	1747.29	351.97	-82.00
TS23-009D1	Tom South	748	442363	7003106	1747.29	351.97	-82.00
TS23-009D2	Tom South	821	442363	7003106	1747.29	351.97	-82.00
JS23-001	Jason South	631	436722	7002304	1185.00	228.15	-83.90
JS23-001D1	Jason South	665	436722	7002304	1185.00	228.15	-83.90
BX23-001	Boundary Expl.	219	421752	7010127	1114.70	035.16	-50.19
BX23-002	Boundary Expl.	144	421637	7010243	1137.50	014.78	-49.83
KB23-001	Kobuk	368	418651	7012138	1311.00	006.19	-51.12
KB23-002	Kobuk	284	418754	7011620	1225.00	006.00	-65.24

Coordinates listed in NAD83 UTM Zone 9N.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/9fc79689-3c80-4d64-8e7c-1c59a764c6d4

https://www.globenewswire.com/NewsRoom/AttachmentNg/7fe98a49-d728-4558-8bdd-3f94cd7de894

https://www.globenewswire.com/NewsRoom/AttachmentNg/1d162df8-6333-47e0-8344-20ee43431709

https://www.globenewswire.com/NewsRoom/AttachmentNg/de01cd18-e5c7-40d0-984e-ab4c52aca01f

https://www.globenewswire.com/NewsRoom/AttachmentNg/1a95a29b-6bb8-4b67-889b-bba14ce4af06

https://www.globenewswire.com/NewsRoom/AttachmentNg/09e6dfde-5315-496a-a48e-dcd847ca0049

https://www.globenewswire.com/NewsRoom/AttachmentNg/1290e53f-7ad8-4412-96d6-4a66d6440d24

https://www.globenewswire.com/NewsRoom/AttachmentNg/2c888376-0192-43ef-a918-c591df4a7c52

https://www.globenewswire.com/NewsRoom/AttachmentNg/b3f57ff8-f185-4ad4-8012-389a90e21ad1

https://www.globenewswire.com/NewsRoom/AttachmentNg/efcb112f-1945-43c0-8fb8-9c0a5a6412b8

https://www.globenewswire.com/NewsRoom/AttachmentNg/4b9cede6-215a-41a1-86f2-0ad5c15e137a

https://www.globenewswire.com/NewsRoom/AttachmentNg/900a2ef1-852c-4566-9cb6-624811511a02

https://www.globenewswire.com/NewsRoom/AttachmentNg/4ce188f2-5563-4b38-983b-f430539c6fde

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Fireweed Engages ICP Securities Inc. for Automated Market Making Services

Fireweed Metals CORP. (" Fireweed " or the " Company ") (TSXV: FWZ; OTCQX: FWEDF; FSE: M0G) is pleased to announce that it has engaged the services of ICP Securities Inc. (" ICP ") to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will receive a fee of C$7,500 plus applicable taxes per month, payable monthly in advance. There are no performance factors contained in the agreement and no stock options or other compensation are being granted in connection with the engagement. ICP and its clients may acquire an interest in the securities of the Company in the future.

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OTC Markets Group Welcomes Fireweed Metals Corp. to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Fireweed Metals Corp. (TSX-V: FWZ; OTCQX: FWEDF; FSE: M0G), a mineral exploration company, has qualified to trade on the OTCQX® Best Market. Fireweed Metals Corp. upgraded to OTCQX from the OTCQB® Venture Market.

Fireweed Metals Corp. begins trading today on OTCQX under the symbol "FWEDF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com .

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Altair Minerals Limited New Central Porphyry System Identified at Venatica

Sydney, Australia (ABN Newswire) - Altair Minerals Limited (ASX:ALR) (OTCMKTS:CHKMF) is pleased to announce preliminary findings following a site visit where the Company has identified a significant outcrop of stockwork system at Central Porphyry. Outcropping quartzite, magnetite and secondary biotite veined porphyry stockwork which is part of a new separate Central Porphyry - 3km Southwest of the high-grade Irka NE Porphyry.

Key Highlights:

- Identification of new Central Porphyry | Venatica West a Porphyry Cluster

Site visit has discovered a significant outcrop of leached porphyry stockwork and ultra-potassic vein system which identifies a Central Porphyry intrusive part of a cluster system at Venatica West. Typical alteration and veining present within Bornite-Gold rich Copper Porphyry systems.

- Extremely dense veining and stockwork | Multi-stage Mineralisation

Stockwork of A-type quartz, magnetite and secondary biotite on Central Porphyry is the densest identified to date across Venatica West, suggesting significant hydrothermal activity, overlapping events, fracturing and multi-stage mineralisation at Central Porphyry, ideal for copper enrichment.

- Small portion of a much larger system | Central Porphyry Remains Open

Identification of Central Porphyry is an outstanding outcome, due to only a portion of the potassic stockwork zone outcropping, which could've easily been missed. Ultra-potassic alteration with dense stockwork as seen within this outcrop, generally tends to expand kilometres, with remaining footprint of alteration sitting under soil cover. Further fieldwork can identify full extent of this Central Porphyry.

- Potential for regional Porphyry system | SW - NE Regional Porphyry System

Preliminary fieldwork analysis on-going, with already a new Central Porphyry system being identified within virgin grounds at Venatica West, sitting ~3km Southwest of the high-grade Irka NE Porphyry and ~2km Northeast of the Irka SW Porphyry-Skarn system. Suggestive of a regional SW to NE trending porphyry cluster, filling the intersection of two district faults.

- Community Engagement Commenced | Early Community Approval

Early engagement has commenced with the local community, with multiple local members showing support for on-going exploration works. Altair's exploration team has also met with the President of the Community with very positive preliminary discussions. Altair has received initial community approval for exploration works with intention of putting forward long-term proposal of work programs, community incentive programs, project scheduling and local training.

Discovery of New Central Porphyry at Venatica West

The Central Porphyry is located on the Irka permit, situated ~3km southwest of the high-grade Irka NE Porphyry target and is a new intrusion system identified within Venatica West during initial site visit.

The upper zone of a new Central Porphyry has been identified through outcrop which consists of leached ultra-potassic stockwork of quartz, magnetite and secondary biotite dense veining, and surrounded by phyllic alteration halo and hosted within overprinted argillic alteration.

The ultra-potassic alteration suggests Altair is standing above the core of the Central Porphyry. The overprinting of strong argillic alteration has occurred from later stage hydrothermal fluids which has replaced the feldspars with clay material while maintaining the stockwork veining - suggesting a multistage mineralisation event which can significantly enrich the grades of copper sulphide and hypogene zone below. This leached stockwork from late-stage argillic alteration indicates the copper has been remobilized and disseminated into structurally favourable zones below, with potential to enhance grades within the contacts and breccia's at the core of the Central Porphyry.

The ultra-potassic zone generally sits right above the core of a Porphyry intrusion and in the case of the Central Porphyry, it is the densest set of stockwork, and veinlets discovered so far at Venatica West, with high alteration suggesting this area is the key part of hydrothermal activity and potentially the feeder to multiple other Porphyry systems.

The presence of dense secondary biotite veining on altered ultra-potassic outcrop not only indicates the presence of a new Porphyry system sitting below but also is an essential element for developing a large-scale Porphyry deposit within this particular belt.

Within other billion-tonne deposits proximal to Venatica, the presence of secondary biotite into the plays a key role in developing "scale" as its presence within porphyry stock and outwards into diorite host rock, tends to allow substitution of Fe2+ and Mg2+ with Cu2+, which can extend the copper mineral deposit footprint by a further ~500m radius in each direction from the main Porphyry core.

Key Takeaways

- Identification of new Central Porphyry akin to Bornite-Gold rich Copper Porphyries

- Ultra-potassic stockwork suggests we are standing above the core of the system

- Argillic overprint indicates a later-stage hydrothermal fluid enacted on Central Porphyry, leading to multi-phase mineralisation events.

- Leached outcrop, indicates copper has re-mobilized below into more structurally favourable zones allowing secondary enrichment in the porphyry core - which leads to higher grades.

- Presence of secondary biotite halo zone and veining in porphyry stock & diorite host is critical in developing scale within this belt for a large Cu-Au mineralisation zone beyond just the porphyry core.

- Structural alignment in SW-NE direction hosting a regional copper porphyry cluster. Irka NE Porphyry, the Central Porphyry and the SE Porphyry makes a potential corridor over more than 10km length.

This new Porphyry discovery adds on to the targets at Venatica, with 4x highly prospective undrilled targets for discovery being uncovered in this new district which is an extension of the belt which hosts multiple billion-tonne copper deposits, these targets at Venatica currently include:

- Irka NE Porphyry: Over 3.4km strike, with high-grade samples including:

- 7.0% Copper and 33g/t Silver
- 5.7% Copper and 43g/t Silver

- Irka SE Porphyry-Skarn: Large 6km2 anomalous area, with high-grade samples including:

- 4.8% Copper & 0.40g/t Gold
- 6.5% Copper & 0.52g/t Gold

- Central Porphyry: Newly discovered initial outcrop from field visit, part of a significantly larger system sitting under colluvial and soil cover. Ultra-potassic and advanced argillic alteration with significant stockwork and veining part of a separate porphyry intrusive.

- Venatica East: Over 17km of anomalous strike of copper stream sediments which are 5x background levels. Virgin grounds with potential to identify source of copper mineralisation feeding the streams and new major targets.

The identification of this Central Porphyry is significant and a result of the diligent fieldwork of the exploration team, as the outcrop is exposed over a minimal area and could've easily been missed. The degree of stockwork veining and hydrothermal activity suggests this alteration likely expands kilometres in each direction - with most of it sitting under post-mineral soil cover. Further detailed mapping and fieldwork will look to identify the true extent of this potassic alteration zone.

Venatica West is shaping up to be a regional porphyry system, hosting numerous high-quality targets for discovery. The Central Porphyry sits ~3km southwest of Irka NE and ~2km northeast of Irka SW, which indicates a structurally controlled regional porphyry trend SW - NE at Venatica West.

Community Engagement

Altair has received positive initial feedback from the community regarding its preliminary exploration activities and future plans. The community board has provided their approval and remains supportive with great relations built with local miners in the region who are eager for Altair to continue further exploration work.

Altair has also had an introduction and a very positive initial meeting with the President of the local community. Following from this, Altair representatives attended the initial community meeting and received approval to continue exploration works, with local members ready to assist. Altair continues to build upon existing supportive relationships within the community and will seek to provide a longterm formal proposal of its anticipated work programs, community incentive programs, project scheduling and local training. This proposal will be reviewed by the local community and President and will then be used to form the basis of monthly meetings with the community to build upon existing support.

Altair believes its early approach to engage the community and developing upon relationships which have been built over 10-years by the vendor of Irka will be key in fast-tracking exploration and development programs. Furthermore, this engagement is key to Altair's ESG core values and is expected to pay dividends in the future for both the Company and community. The early engagement with the community will also be critical in ensuring a smooth transition into its discovery programs.

Steps Forward at Venatica

The key anticipated steps forward aim to establish maximum value for shareholders through a scientific, systematic and diligent approach to exploration with the target of making a large-scale and globally significant discovery.

Venatica sits in the right the geological formation with all the key indicators capable of making such discovery. Altair plans to immediately initiate a comprehensive program to further evaluate the full potential of Venatica. The next key steps as part of the Venatica execution program includes:

- Evaluation of regional potential and detailed mapping

- On-going community engagement at Venatica West & Venatica East

- Rock chip and geochemical sampling program at Venatica West

Altair Chief Executive Officer, Faheem Ahmed comments:

"This is an outstanding find by our geological team within the high-grade Venatica Copper Project. This is now our third Porphyry target at Venatica West, and we are treading virgin and unexplored grounds here with potential to discover further mineralised outcrops and Porphyry's.

There is consistent dense veining across the outcrop which is exactly what you would like to see within a porphyry intrusion, suggesting significant magmatic fluid activity. More importantly, it appears the Central Porphyry has gone through multi-stage mineralisation, which not only introduces more copper into the intrusion, but also indicates copper has been leached from the outcrop and has potential to go through secondary enrichment below. These are all key indicators we are onto an exceptional exploration target, both with scale and potential to be high-grade.

We now have three key targets at Venatica West, two of them which has shown exceptional copper grades ranging 4 - 9% at surface across a large area. With the latest addition being this Central Porphyry, which has gone through significant leaching. Due to the leaching, we're looking for anomalous levels of copper at surface within the Central Porphyry, which will confirm to us this stockwork is likely to be significant mineralised at depth from remobilization of copper ions.

Furthermore, we are yet to even touch Venatica East, which hosts 17km strike of anomalous copper stream sediments. I'm incredibly excited to get boots on ground at Venatica East which is a pure greenfield opportunity and has never been systematically treaded or even sampled, and no one has ever followed up these prominent copper anomalies. We'll be the first Company to take an experienced geological team down to Venatica East, so the possibilities and upside is quite endless.

Simultaneously, we continue to progress works at Olympic Domain, our latest announcement on the project, 4 December 2024, has indicated a robust conductive ovoid, with historic drilling narrowly missing the core of the target. We are in intending to complete a follow-up TEM survey which can identify the precise depth of this ovoid, which will be critical for our drill program and targeting."

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/BB53832O

About Altair Minerals Limited:

Altair Minerals Limited (ASX:ALR) (OTCMKTS:CHKMF) is listed on the Australian Securities Exchange (ASX) with the primary focus of investing in the resource sector through direct tenement acquisition, joint ventures, farm in arrangements and new project generation. The Company has projects located in South Australia, Western Australia and Queensland with a key focus on its Olympic Domain tenements located in South Australia.

Source:
Altair Minerals Limited

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Vertex Minerals Limited Strengthens Board with Appointment of Mining Executive Sean Richardson

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX) (OTCMKTS:VTXXF) is pleased to announce the appointment of experienced mining executive Sean Richardson as an Independent Non-Executive Director.

Details of Mr Richardson's qualifications and experience are as set out below.

Commenting on the appointment, Chairman Roger Jackson said:

We are delighted to have Sean joining the Vertex Board at such an exciting time for the Company as we transition into high-grade gold production from stockpiles at Reward and beyond. He brings a wealth of relevant experience and we expect him to supplement the existing Board and Management team well.

SEAN RICHARDSON

MEng MSc MBA FAusIMM MEIAust GAICD

Sean Richardson is a mining professional with a career spanning over 30 years. Mr Richardson experience extends from operations through to consultancy and managerial roles where he has been involved in the exploration and development of mineral projects in Australia, North America, Africa, South-East and Central Asia.

Mr Richardson's notable roles include Managing Director of Empire Resources (ASX:ERL), Chief Operating Officer for Bardoc Gold (ASX:BDC) and Operations Manager for Shaw River Manganese (ASX:SRR).

Mr Richardson is passionate about the mining industry and its role in the advance of society, an enthusiasm that has led Mr Richardson to a seek out and attain greater knowledge of the global minerals industry.

Mr Richardson holds a Master of Engineering Technology (Mining Engineering), a Master of Business Administration (Curtin), a Master of Science in Mineral Economics (WASM), a Graduate Diploma in Mining (WASM) and an Advanced Diploma in Engineering and Mine Surveying (TAFE).

Mr Richardson is also a Graduate Member of the Australian Institute of Company Directors (GAICD), a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM) and a Member of Engineers Australia (MEIAust).

About Vertex Minerals Limited:

Vertex Minerals Limited (ASX:VTX) is an Australian based gold exploration company developing its advanced Hargraves and Hill End gold projects located in the highly prospective Eastern Lachlan Fold Belt of Central West NSW. Other Company assets include the Pride of Elvire gold project and Taylors Rock gold/nickel/lithium project both located in the Eastern Goldfields of WA. The focus of Vertex Minerals is to advance the commercial production of gold from its NSW projects embracing an ethical and environmentally sustainable approach.

Source:
Vertex Minerals Limited

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Questcorp Mining Announces Private Placement

Questcorp Mining Inc. (CSE: QQQ) (the "Company" or "Questcorp") is pleased to announce that it intends to complete a non-brokered private placement offering (the "Offering") of up to 33,000,000 units (each, a "Unit") at a price of $0.06 per Unit for gross proceeds of $1,980,000. Each Unit will consist of one common share of the Company and one common share purchase warrant entitling the holder to acquire a further common share of the Company at a price of $0.10 per share for a period of two years.

The net proceeds of the Offering will be used by the Company to complete the acquisition of the La Union Project from Riverside Resources Inc., (see news release dated September 6, 2024), to continue a small exploration program at its North Island Copper Property, to retire existing payables and for general working capital purposes. Finders' fees or commissions may be paid in connection with the completion of the Offering, and all securities issued in the Offering will be subject to a four-month-and-one-day statutory hold period.

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Group Eleven Intersects 15.6m of 11.6% Zn+Pb, 122 g/t Ag and 0.19% Cu, incl. 3.5m of 21.3% Zn+Pb, 395 g/t Ag and 0.73% Cu at Ballywire; Silver and Copper Values Continue to Impress

Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) (FSE: 3GE) ("Group Eleven" or the "Company") is pleased to announce results from the latest two holes of the ongoing drill program at the Company's 100%-owned Ballywire zinc-lead-silver discovery ("Ballywire"), PG West Project ("PG West"), Republic of Ireland.

Highlights:

G11-3552-27 intersected (from 213.0m):
- 24.8m of 8.1% Zn+Pb (5.8% Zn and 2.3% Pb), 80 g/t Ag and 0.12% Cu, including
- 15.6m of 11.6% Zn+Pb (8.3% Zn and 3.3% Pb), 122 g/t Ag and 0.19% Cu, including
- 6.6m of 16.7% Zn+Pb (11.1% Zn and 5.7% Pb), 240 g/t Ag and 0.42% Cu, including
- 3.5m of 21.3% Zn+Pb (13.3% Zn and 8.0% Pb), 395 g/t Ag and 0.73% Cu
- Located in middle of 270m gap between two previously released drill fences
G11-3552-25 intersected (from 187.2m):
- 16.2m of 2.8% Zn+Pb (2.1% Zn and 0.7% Pb) and 8 g/t Ag, including
- 4.6m of 7.4% Zn+Pb (5.6% Zn and 1.8% Pb) and 21 g/t Ag, including
- 1.9m of 12.9% Zn+Pb (9.6% Zn and 3.3% Pb) and 39 g/t Ag
- Located 50m NNW from G11-3552-27
Above results confirm the extent of the recently announced flat-lying zone of zinc-rich massive sulphide lenses at least 360m along strike and remaining open to the NE
Massive sulphide zone is pierced by G11-3552-27 and seven previously released holes, of which three are referenced below:
- G11-3552-12: 29.6m of 10.6% Zn+Pb and 78 g/t Ag (released 11-Jun-24)
- G11-3552-18: 11.8m of 11.6% Zn+Pb and 48 g/t Ag (released 22-Oct-24)
- G11-3552-19: 15.3m of 14.5% Zn+Pb and 56 g/t Ag (released 14-Nov-24)
Drilling continues at Ballywire with two rigs testing further down-dip of the two holes released today, plus the NE extension; assay results are expected in due course

"It is great to see the NE massive sulphide zone now consistently intersected by eight high-grade holes over a strike length of 360m and open to the NE," stated Bart Jaworski, CEO. "Excellent silver and significant copper values are also noteworthy because they increasingly point to a stratigraphically deeper horizon known to be highly prospective for copper and silver in this part of Ireland. Namely, the Gortdrum Cu-Ag mine, active in the 1960s and 70s, is located 10km NE of Ballywire, whereas, the Denison and Tullacondra Cu-Ag historic occurrences are 5km SE and 45km SW of Ballywire, respectively. A deeper Cu-Ag horizon at Ballywire is one of our key targets for 2025.

Our two other key targets include: (i) exploration drilling along strike from the drilled 2.6km-long discovery area towards the encompassing 6km long prospective trend and (ii) up and down dip from the discovery trend in search of parallel zones of mineralization. We eagerly await results from drilling down dip of today's results and along the NE extension."

Exhibit 1. Cross-Section A-A' of G11-3552-25, -27 (Filling In 270m Gap Between Fences) at Ballywire

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/239839_figure1.png

Exhibit 2. Plan Map Showing Key New Drilling (G11-3552-25, -27) at Ballywire

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/239839_figure2.png

Exhibit 3. Emerging Massive Sulphide Zone and Upcoming Drill Results at Ballywire

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/239839_5ca5f11594e49b67_004full.jpg

Recent Holes from Ballywire Discovery

The Ballywire prospect at the Company's 100%-owned PG West Project in Republic of Ireland, is a relatively new zinc-lead-silver discovery (first announced Sept-2022). In addition to 42 holes drilled and reported by Group Eleven to date, the most recent two holes (G11-3552-25 to -27) are reported today (see Exhibits 1 to 6). Note, a second batch of assays totalling over 50m within G11-3552-27 is still pending.

High-grade mineralization from G11-3552-25 and -27 consists predominantly of massive and semi-massive sulphide (sphalerite, galena, pyrite, chalcopyrite and suspected tennantite-tetrahedrite), as well as, disseminated and vein hosted sulphide mineralization. Mineralization occurs along and/or close to the base of the Waulsortian Limestone (see Exhibit 1).

Exhibit 4. Summary of Assays from G11-3552-25 and -27 at Ballywire

Item	From (m)	To (m)	Int (m)	Zn (%)	Pb (%)	Zn+Pb (%)	Ag (g/t)	Cu (%)
G11-3552-25	187.15	203.35	16.20	2.14	0.69	2.83	8.00	-
Incl.	187.15	195.51	8.36	3.59	1.11	4.70	14.49	-
Incl.	190.87	195.51	4.64	5.59	1.82	7.41	20.97	-
Incl.	192.69	194.60	1.91	9.59	3.32	12.92	39.19	-
G11-3552-27	213.00	237.81	24.81	5.84	2.28	8.11	80.4	0.12
Incl.	219.42	235.06	15.64	8.30	3.28	11.59	122.1	0.19
Incl.	219.42	222.21	2.79	15.57	3.77	19.35	92.79	0.03
And	228.51	235.06	6.55	11.06	5.65	16.71	240.0	0.42
Incl.	230.36	233.90	3.54	13.26	8.01	21.27	395.1	0.73

Note: True width of the overall mineralized package in all holes above is estimated at approx. 90-100% of the intersected interval

Overall, recent drilling suggests the emergence of two distinct styles of mineralization. First, relatively flat-lying zinc-rich massive sulphide lenses and second, 'other high-grade mineralization', dominated by variably dipping massive sulphides, as well as, vein-hosted and disseminated mineralization (see Exhibits 1-3). Both styles occur at or near the base of the Waulsortian Limestone and offer great exploration opportunities as drilling progresses.

Looking forward, seven (7) drill holes (G11-3552-24, -26, -28 and 29 to -32; see Exhibit 3) are in progress with results expected in due course. Exhibit 3 shows drilling to date across 1.25km of the overall 2.6km long trend (see Exhibit 2) of significantly mineralized drill intercepts (open in all directions). This in turn is hosted within a 6km long prospective trend defined by four gravity high anomalies, only one of which (anomaly 'C') is systematically drilled to date (see Exhibit 5).

Exhibit 5. Regional Gravity at Ballywire Showing 6km Long Prospective Trend

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/239839_figure5.png

Notes to Exhibit 6: (a) Pallas Green MRE is owned by Glencore (see Glencore's Resources and Reserves Report dated December 31, 2023); (b) Stonepark MRE: see the 'NI 43-101 Independent Report on the Zinc-Lead Exploration Project at Stonepark, County Limerick, Ireland', by Gordon, Kelly and van Lente, with an effective date of April 26, 2018, as found on SEDAR; and (c) the historic estimate at Denison was reported by Westland Exploration Limited in 'Report on Prospecting Licence 464' by Dermot Hughes dated May, 1988; the historic estimate at Gortdrum was reported in 'The Geology and Genesis of the Gortdrum Cu-Ag-Hg Orebody' by G.M. Steed dated 1986; and the historic estimate at Tullacondra was first reported by Munster Base Metals Ltd in 'Report on Mallow Property' by David Wilbur, dated December 1973; and later summarized in 'Cu-Ag Mineralization at Tullacondra, Mallow, Co. Cork' by Wilbur and Carter in 1986; the above three historic estimates have not been verified as current mineral resources; none of the key assumptions, parameters and methods used to prepare the historic estimates were reported and no resource categories were used; significant data compilation, re-drilling and data verification may be required by a Qualified Person before the historic estimates can be verified and upgraded to be compliant with current NI 43-101 standards; a Qualified Person has not done sufficient work to classify them as a current mineral resource and the Company is not treating the historic estimates as current mineral resources. 'Rathdowney Trend' is the south-westerly projection of the Rathdowney Trend, hosting the historic Lisheen and Galmoy mines.

Exhibit 6. Regional Map of PG West (100% Interest) and Stonepark (77.64% Interest)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/239839_figure6.png

Note: Two westernmost prospecting licenses were surrendered in December 2024 from the Stonepark Project, reflecting decreasing prospectivity and the Company's preference to focus on core prospects (Ballywire and Carrickittle West)

Consultant

The Company has engaged ProConsul Capital Ltd. ("ProConsul") to provide investment marketing consulting services (the "Services") commencing February 6th, 2025. In consideration for the Services, the Company will pay a fee of C$6,000/month and has agreed to grant stock options to ProConsul, the number and terms of which stock options will be determined at a later date. The agreement is subject to TSX Venture Exchange acceptance and renewable on a month-to-month basis unless terminated by either party on 30 days written notice.

Qualified Person

Technical information in this news release has been approved by Professor Garth Earls, Eur Geol, P.Geo, FSEG, geological consultant at IGS (International Geoscience Services) Limited, and independent 'Qualified Person' as defined under Canadian National Instrument 43-101.

Quality Assurance/Quality Control (QA/QC) Information

Group Eleven inserts certified reference materials ("CRMs" or "Standards") as well as blank material, to its sample stream as part of its industry-standard QA/QC programme. The QC results have been reviewed by the Qualified Person, who is satisfied that all the results are within acceptable parameters. The Qualified Person has validated the sampling and chain of custody protocols used by Group Eleven.

About Group Eleven Resources

Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) and (FSE: 3GE) is a mineral exploration company focused on advanced stage zinc exploration in the Republic of Ireland. Group Eleven announced the Ballywire discovery in September 2022. Key intercepts to date include:

10.8m of 10.0% Zn+Pb and 109 g/t Ag (G11-468-03)
10.1m of 8.6% Zn+Pb and 46 g/t Ag (G11-468-06)
10.5m of 14.7% Zn+Pb, 399 g/t Ag and 0.31% Cu (G11-468-12)
11.2m of 8.9% Zn+Pb and 83 g/t Ag (G11-3552-03)
29.6m of 10.6% Zn+Pb, 78 g/t Ag and 0.15% Cu (G11-3552-12) and
11.8m of 11.6% Zn+Pb, 48 g/t Ag (G11-3552-18)
15.6m of 11.6% Zn+Pb, 122 g/t Ag and 0.19% Cu (G11-3552-27)

Ballywire is located 20km from Company's 77.64%-owned Stonepark zinc-lead deposit¹, which itself is located adjacent to Glencore's Pallas Green zinc-lead deposit². The Company's two largest shareholders are Glencore Canada Corp. (17.1% interest) and Michael Gentile (16.5%). Additional information about the Company is available at www.groupelevenresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo.
Chief Executive Officer

E: b.jaworski@groupelevenresources.com | T: +353-85-833-2463
E: j.webb@groupelevenresources.com | T: 604-644-9514

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This press release contains forward-looking statements within the meaning of applicable securities legislation. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/ reserves and geological interpretations. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located. All of the Company's public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

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Fireweed Intersects 81.3 m of 8.5% Zinc, 1.1% Lead, and 47.0 g/t Silver, Including 12.4 m of 17.2% Zinc, 2.0% Lead, and 79.1 g/t Silver at Boundary Zone

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