Fireweed Metals CEO Eyes New "World-class" Critical Metals District in Yukon

“The Yukon government in combination with the federal government of Canada has committed C$71 million to improve the access to our projects. So that's a key component of de-risking,” said Fireweed Metals CEO Brandon Macdonald.

Collaboration with provincial, territorial and federal governments is key to de-risking mining projects and ultimately drawing investors in to advance these projects, according to Fireweed Metals (TSXV:FWZ,OTCQB:FWEDF,FWB:M0G) CEO Brandon Macdonald.

Macdonald was discussing his company’s strategy to build a new world-class critical metals district in Yukon, Canada, where Fireweed is developing its Macpass and Mactung projects, which cover more than 978 square kilometers.

“We see these two projects next to each other as a unique opportunity in terms of shared infrastructure, even potential operational synergies and capital synergies. So as we advance these projects and de-risk them, it puts us in a place to have two globally significant mines — one for zinc and one for tungsten — right next to each other,” the chief executive said.

He said commitments from the Yukon and federal governments to build the infrastructure necessary to improve access to these projects will be key in de-risking and attracting capital investment to advance these critical minerals assets.

“It's on us to drill out and define our project and do the engineering … but we recognize that ultimately, the capital to do that comes from investors," Macdonald said. "So any effort (the government) can do to make us more appealing as an investment makes a huge difference in our ability to advance the project.”

Watch the full interview with Fireweed Metals CEO Brandon Macdonald above.

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