Fireweed Provides Year-End Review of Record-Setting 2023 Accomplishments

Fireweed Metals CORP. ("Fireweed" or the "Company") (TSXV: FWZ; OTCQB: FWEDF; FSE: M0G) is pleased to provide a review of its record-setting 2023 accomplishments in building the Company and advancing its critical metals projects in northern Canada.

CEO and Chairman Statement

Brandon Macdonald, CEO, stated "2023 has been another extraordinary and record-breaking year for Fireweed. The accomplishments are numerous, from drilling our best-ever drill hole at Macpass to completing the field season safely with zero lost time injuries. We have done this while demonstrating that prioritizing economic benefit for and respectful engagement with local indigenous communities not only requires no compromise for the Company but also helps maximize our own outcomes."

John Robins, Chairman, stated "We continue to demonstrate the enormous scale of mineralization in the Macpass region of eastern Yukon which is has emerged now as a truly world-class metallogenic district. If it wasn't enough that we control Macpass, a 940 sq km land package representing over 50 km of strike prospective for zinc-lead-silver deposits, we have now secured the world's largest high-grade tungsten deposit next-door in Mactung. I am incredibly proud of our team for their tireless work this year at our office, in the field, and the many long days on the road."

2023 Highlights

Macpass Project

In 2023 Fireweed completed its largest ever program and the biggest exploration program in the Yukon this year. Over 22,500 m were drilled with step out holes to further delineate the Boundary Zone and to expand the large Tom and Jason zinc-lead-silver deposits ^1,2 .
Drill results to date from the 2023 season demonstrated the presence of a high-grade massive sulphides and stratiform mineralization as well as a high-grade feeder system which connects Boundary West and Boundary Main in one single zone, (now simply called Boundary Zone ).
- Drill results in 2023 included the best hole ever drilled at Macpass, NB23-007 with two intersections: 15 m (true width) of 11.9% Zinc, 2.2% Lead, 81.2 g/t Silver, and 40 m (true width) of 15.1% Zinc, 2.8% Lead, 85.8 g/t Silver.
- Assays pending for 26 of 52 holes drilled: 14 remaining holes from Boundary Zone, 10 holes from the Tom deposit and 2 holes from the Jason deposit with results expected to be released in early-2024.
Leveraged emerging technologies to enhance operational efficiency and data interpretation / validation including:
- Automated core cutting
- Automated core scanning
- Directional drilling techniques, in which multiple angled drill holes are initiated at depth from one primary hole, saved an estimated 1,800 m of drilling compared to traditional drilling of multiple new holes from surface, achieving a total equivalent metreage of 24,300 m in 2023.
Constructed all-season camp facilities, increasing operational capacity and extending operating window.

Mactung Project

Finalized acquisition of 100% interest in the 37.6 km ² Mactung Project located in Yukon and Northwest Territories, immediately adjacent to the Macpass Project.
In July 2023, released a Technical Report with an updated mineral resource with a total of 41.5 Mt Indicated Resource at 0.73% WO ₃ and 12.2 Mt Inferred Resource at 0.59% WO ₃³ making it the world's largest high-grade resource of the Critical Mineral tungsten*.
Building on information provided during the Yukon Environmental and Socio-economic assessment process (completed in 2014), Fireweed commenced environmental, metallurgical and other engineering studies to inform applications for major project licenses.
Five holes were drilled to collect metallurgical samples in 2023. The results of the metallurgical test work are expected in Q1 2024.

Gayna Project

Reevaluation of the geological model demonstrates the potential for high-grade massive sulphide zones
Soil sampling and geophysical work has linked Gayna's geological setting and mineralization to be similar to that of a reef-margin deposit like Ivanho's high-grade Kipushi in DRC, Africa
The 2022 and 2023 geophysical programs have identified several reef-margin gravity anomalies in proximity to known showings, soil anomalies and high grade rock samples, and informed the location of future drill targets.

Sustainability Update

Environmental management system, including policies, environmental protection and management plans, and compliance monitoring, implemented in 2023 by onsite Indigenous environmental monitors.
To inform mine planning, Fireweed commenced multi-year comprehensive environmental baseline studies, including 16 unique aquatic and wildlife studies.
To support 2023 exploration and monitoring activities, approximately 50% of employees were Yukoners, including about 50 Kaska Nation members ranging in age from 18 to 78.
Excellent safety performance during large drill exploration program with five drills and compliance and baseline studies with:
- 0 Lost Time Injuries across 127,000 hours worked
- 880 Field-level Risk Assessments
- 21 All-personnel "Safety Sunday" Meetings
In the past five exploration seasons, about 50% of field program expenditures (supplies, equipment and services) with Indigenous-affiliated businesses.
Achieved net zero emissions for 2021 and 2022 through the purchase of offsets, and installed solar and battery power system for new camp that will be operational in 2024.
Supported community sporting and cultural events and facilitated in-community training programs.

Corporate

Completed a C$16.8 M follow-on financing in September 2023 to support the expansion of our drilling campaign through the continued support from core shareholders.
The highly talented and skilled Fireweed Exploration Team lead by VP Geology, Jack Milton, were recipients of the 2023 H.H. "Spud" Huestis Award from the Association for Mineral Exploration for their application of progressive and innovative prospecting techniques and geoscience technologies leading to the discovery of Boundary West and expansion of significant mineral resources at Macpass.
Achieved inclusion into the Junior Silver Miners Index on December 15, 2023 in recognition that Macpass is not just a zinc resource but also contains a large silver endowment. This inclusion expands our institutional shareholder base and drives a significant increase in trading liquidity
Appointed Patrick "Paddy" Downey as our newest Board member: Patrick has over 40 years of international experience in the resource industry and his experience in engineering, mine-building, and operations helps round out Fireweed's Board, providing essential expertise as Fireweed's projects proceed down the path toward development.
Expanded our Management Team:
- Andrew Crook, VP Operations: Andrew has over 10 years of experience in successfully leading projects from exploration stage through engineering studies, permitting, and into construction. His skills and experience were instrumental in executing Fireweed's largest drill program to date, exceeding 22,500 m.
- Alex Campbell, VP Corporate Development: Alex's diverse experience from mining to banking, combined with his passion for the mineral exploration industry, is an advantageous addition to Fireweed's management team as we continue to maximize shareholder value through exploration, development, and potential strategic transactions.

Qualified Person Statement

Technical information in this news release has been approved by Fireweed Metals CEO, Brandon Macdonald, P.Geo. (BC), a ‘Qualified Person' as defined under Canadian National Instrument 43-101.

About Fireweed Metals Corp. (TSXV: FWZ; OTCQB: FWEDF; FSE: M0G): Fireweed Metals Corp. is a Canadian mineral development company focused on sustainably exploring and developing critical metal projects and creating value for our shareholders, partners, and stakeholders. Fireweed has three projects located in Canada including the Macpass Project (Zinc-Lead-Silver), Mactung Project (Tungsten), and Gayna Project (Zinc-Lead-Gallium-Germanium). Fireweed is well-funded, with a healthy balance sheet. In Canada, Fireweed (TSXV: FWZ) trades on the TSX Venture Exchange. In the USA, Fireweed (OTCQB: FWEDF) trades on the OTCQB Venture Market for early stage and developing U.S. and international companies and is DTC eligible for enhanced electronic clearing and settlement. Investors can find Real-Time quotes and market information for the Company on www.otcmarkets.com . 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 www.fireweedmetals.com and at www.sedarplus.ca

We respectfully acknowledge that Fireweed's projects are located on the traditional territories of Indigenous peoples.

ON BEHALF OF Fireweed Metals CORP.

" Brandon Macdonald "

CEO & Director

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.

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, 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.

Investors are cautioned that the drill intersections that are compared to the current Mineral Resources are not subject to any grade capping, and that grades in mineral resource blocks were calculated based on interpolation between assay composites that have capped grades. In the current Mineral Resource at Tom West zinc was capped at 25%, lead was capped at 25%, and silver was capped at 600 g/t; and at Tom East zinc was capped at 30%, lead capped at 50%, and silver at 600 g/t, as described in Fireweed Technical Reports ¹^,2 . Grades in new holes were compared to a length and bulk density weighted calculated grade derived from a stack of blocks from the Current Mineral Resource block model perpendicular to the XY plane of the block model spanning the full thickness of the mineralized zone, located through the mid-point of the reported new intersection.

Footnotes and References

* References to relative size and grade of the Mactung resources and Macmillan Pass 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 and QP statements, 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 and QP statements, 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 and QP statements, 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/

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

Figure 1. Project Location Map

Figure 2. Macpass and Mactung Area Map

Table 1. Compiled Boundary Zone Drill Results Highlights to Date

Drillhole	Interval	From (m)	To (m)	Interval Width (m)	Est. True Width (m)	Zinc (%)	Lead (%)	Silver (g/t)	Bulk Density (t/m ³ )
NB23-001	primary	173.00	211.00	38.00	19.0	9.12	1.50	52.6	3.04
NB23-001	including	174.00	194.00	20.00	10.0	15.32	2.53	86.2	3.18
NB23-001	primary	377.00	445.73	68.73	22.5	3.28	0.15	9.1	3.24
NB23-001	including	400.50	418.50	18.00	5.9	6.73	0.06	8.6	2.87
NB23-001	>including	405.00	408.00	3.00	1.0	9.13	0.10	15.6	3.00
NB23-002	primary	224.74	261.00	36.26	N/A	3.31	0.08	10.2	3.03
NB23-002	including*	226.00	230.20	4.20	2.1	18.71	0.30	47.1	3.41
NB23-003	primary	208.00	279.89	71.89	40.0	6.48	3.09	97.8	4.40
NB23-003	including	210.60	258.25	47.65	27.0	8.58	4.29	128.5	4.56
NB23-003	>including	210.60	232.56	21.96	12.0	10.70	6.96	178.6	4.46
NB23-003	>and	241.50	244.50	3.00	1.7	17.50	3.05	134.9	4.68
NB23-004	Primary	267.92	301.35	33.43	22.0	8.00	2.00	59.2	3.57
NB23-004	Including	267.92	281.80	13.88	9.1	12.60	3.70	99.4	4.29
NB23-004	>including	268.80	277.06	8.26	5.4	14.90	4.50	124.8	4.47
NB23-005	Primary	139.75	165.00	25.25	22.0	6.40	0.70	31.9	3.24
NB23-005	>including	150.50	160.00	9.50	8.3	12.20	1.30	66.9	3.65
NB23-006	Primary	102.20	140.90	38.70	N/A	5.60	0.00	6.7	2.83
NB23-006	>including*	121.36	123.46	2.10	N/A	30.70	0.10	38.8	3.62
NB23-007	Primary	170.70	253.20	82.50	15.0	11.90	2.20	81.2	3.15
NB23-007	>including	180.89	207.92	27.03	4.9	26.70	4.20	165.2	3.49
NB23-007	Primary	308.90	426.90	118.00	40.0	15.10	2.80	85.8	4.04
NB23-007	>including	313.70	325.03	11.33	3.8	15.00	3.70	96.1	4.21
NB23-007	>including	332.30	409.37	77.07	26.0	18.70	3.50	101.4	4.00
NB23-008	Primary	242.20	286.90	44.70	N/A	6.50	0.20	9.6	3.48
NB23-008	>including	252.00	268.30	16.30	N/A	10.30	0.20	11.3	3.64
NB23-008	Primary	323.70	359.10	35.40	N/A	5.20	0.10	8.8	3.49
NB23-008	>including	327.50	339.00	11.50	N/A	10.70	0.20	13.5	3.75
NB23-011	Primary	204.50	249.30	44.83	8.5	8.30	1.20	42.9	3.20
NB23-011	Including	204.50	223.30	18.83	3.6	12.20	1.30	63.9	3.50
NB23-011	>Including	208.50	214.50	6.00	1.1	20.70	2.30	107.8	3.50
NB23-012	Primary	223.50	291.30	67.78	41.0	6.30	1.20	52.0	3.90
NB23-012	Including	223.50	279.10	55.57	34.0	7.20	1.40	57.1	3.90
NB23-012	>Including	223.50	234.00	10.52	6.3	12.80	2.30	105.7	3.80
NB23-012	>>Including	225.50	231.00	5.52	3.3	16.70	3.10	136.2	4.00
NB23-012	Primary	320.10	352.40	32.26	N/A	3.00	0.00	5.9	3.00
NB23-012	Including	320.10	328.50	8.36	N/A	4.60	0.10	8.3	3.10
NB23-013	Primary	408.10	437.90	29.77	20.0	2.90	0.30	27.7	4.30
NB23-013	Including	415.50	427.20	11.66	7.8	4.80	0.50	37.0	4.70
NB23-014	Primary	71.10	83.30	12.17	N/A	4.30	1.50	38.3	3.40
NB23-014	Including	78.00	83.30	5.27	N/A	6.70	3.00	66.2	3.30
NB23-014	Primary	149.90	161.40	11.53	N/A	3.20	0.30	9.7	3.30
NB23-015	Primary	124.10	220.00	95.87	N/A	3.20	1.10	18.5	3.10
NB23-015	Including	141.50	176.50	34.98	N/A	6.00	1.90	28.3	3.00
NB23-015	>Including	146.90	157.50	10.63	N/A	10.50	4.90	64.6	3.10
NB23-015	Including	215.70	220.00	4.26	N/A	6.10	4.40	78.6	3.70
NB23-015	Primary	253.90	297.80	43.98	N/A	2.00	0.70	13.1	3.30
NB23-015	Including	274.00	278.00	3.94	N/A	7.00	0.60	14.7	3.10
NB23-016	Primary	135.80	148.60	12.84	N/A	4.50	0.10	8.8	3.60
NB23-016	Primary	332.90	414.20	81.34	35.0	8.50	1.10	47.0	3.70
NB23-016	Including	332.90	405.90	73.02	31.0	9.00	1.10	50.1	3.70
NB23-016	>Including	332.90	337.50	4.62	2.0	12.10	1.40	72.5	4.20
NB23-016	>Including	349.00	399.00	50.04	21.0	10.70	1.30	55.6	3.80
NB23-016	>>Including	352.00	364.40	12.39	5.3	17.20	2.00	79.1	4.20
NB23-019	Primary	115.00	169.00	54.00	N/A	7.05	0.04	10.3	3.13
NB23-019	Including	126.65	150.17	23.52	N/A	10.88	0.04	14.6	3.21
NB23-019	Primary	196.00	230.11	34.11	N/A	4.04	0.01	38.3	2.82
NB23-019	Including	213.00	230.11	17.11	N/A	6.37	0.01	15.9	2.85
NB23-019	Primary	310.57	368.00	57.43	20.0	8.42	1.77	51.8	3.42
NB23-019	Including	311.16	319.06	7.90	3.0	16.40	5.25	150.8	4.26
NB23-019	including	346.26	353.00	6.74	2.0	15.10	2.56	44.7	3.65
NB23-020	Primary	100.81	191.30	90.49	N/A	3.68	0.07	7.1	3.13
NB23-020	Including	123.00	128.80	5.80	N/A	8.48	0.03	11.5	3.55
NB23-021	Primary	184.00	202.00	18.00	N/A	13.92	0.03	36.3	3.06
NB23-021	Including	184.00	191.79	7.79	N/A	20.58	0.04	56.3	3.22
NB23-023	Primary*	32.01	108.78	76.77	N/A	6.78	0.63	17.5	3.04
NB23-023	Including	32.01	41.74	9.73	N/A	19.40	0.08	41.8	3.60
NB23-023	Including*	70.50	82.70	12.20	N/A	16.38	2.80	44.2	3.18
NB23-023	>Including*	70.50	73.70	3.20	N/A	43.09	6.93	102.0	3.93
NB23-024	Primary	130.43	149.25	18.82	N/A	13.51	0.15	20.8	3.17
NB23-024	>Including	141.94	147.92	5.98	N/A	26.87	0.39	45.7	3.55
NB23-024	>>Including	143.16	147.30	4.14	N/A	32.44	0.51	56.8	3.77
NB23-027	Primary	141.70	187.34	45.64	N/A	4.65	0.03	8.0	2.92
NB23-027	Primary	225.70	275.60	49.90	N/A	10.10	0.03	14.4	2.94
NB23-027	Including	228.45	252.30	23.85	N/A	13.95	0.04	20.3	3.12
NB23-027	>Including	245.90	249.90	4.00	N/A	31.61	0.09	49.1	3.46
NB23-027	Including	260.73	267.60	6.87	N/A	12.56	0.02	17.6	2.80
NB23-030	Primary	224.70	277.43	52.73	N/A	3.27	0.01	4.0	2.87
NB23-030	Primary	336.90	386.44	49.54	N/A	2.85	0.01	3.1	2.72

*denotes intervals with recovery of less than 85%. N/A: Not Applicable due to the variable shapes of breccia and vein mineralization.

Photo accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/9ba45f95-13f5-433e-b7fd-a4035d38c7a0

https://www.globenewswire.com/NewsRoom/AttachmentNg/6e3c9d93-f541-491b-85db-6a2e50a3807b

News Provided by GlobeNewswire via QuoteMedia

fireweed metals fwz:ca tsxv:fwz base metals investing Base Metals Investing

FWZ:CA

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.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

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 .

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Red Metal Resources Engages German Investor Awareness and Digital Marketing Consultants

Red Metal Resources Ltd. (CSE: RMES) (OTC Pink: RMESF) (FSE: I660) ("Red Metal" or the "Company") The Company has engaged Investment-Zirkel-München ("IZM") that offers several services for German language investor awareness including news dissemination, conference calls, real-time investor forums and an active investors network throughout Europe. IZM has a select investor following that participate in both financings and open market buying. The IZM contract is for a two-year term at a cost of CAD$25,000.

IZM has a business address at Lena-Chris-Str 9, Nuebiberg, Germany. The services to be provided will be overseen by Mathias Voigt, President of the company, who can be contacted at mv@i-z-m.info. Mr. Voigt owns 150,000 shares of the Company.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

World Copper Initiates Strategic Review Process and Engages Advisor

World Copper Ltd. (TSXV: WCU) (OTCQB: WCUFF) (FSE: 7LY0) ("World Copper " or the "Company") announces that the Company has initiated a strategic review process and has engaged Origin Merchant Partners (the "Advisor") to assist it in its review. The Advisor will work with World Copper's management and Board to evaluate a range of strategic alternatives that may be available to the Company to grow and maximize value for all shareholders (the "Engagement"). There can be no assurance that this process will result in any specific strategic plan or financial transaction and no timetable has been set for its completion. The Company does not plan to provide updates on the status of the review unless there are material developments to report.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Heritage Mining Further Expands Land Position and Provides Exploration Update

(TheNewswire)

VANCOUVER, BC TheNewswire - November 19, 2024 Heritage Mining Ltd. (CSE: HML FRA:Y66) (" Heritage " or the " Company ") is pleased to announce the claim package expansion at its flagship Drayton Black Lake (" DBL ") based on experts recommendations Brett Davis and Dr. Gregg Morrison in addition to an update on the ongoing 2024 exploration program over the Ontario Project Portfolio. The Company believes the progress achieved to date represents important milestones for systematic exploration in one of the last underdevelopment greenstone belts in Northwestern Ontario.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less

Quetzal Copper Announces Brokered Private Placement Offering to Raise $3.0 Million

Quetzal Copper Corp. (TSXV: Q) ("Quetzal" or the "Company") a North American focused copper exploration company is pleased to announce that it has entered into an agreement with Independent Trading Group ("ITG") to act as lead agent and sole bookrunner in connection with a "best efforts" private placement (the "Offering") for aggregate gross proceeds of up to $3,000,000 from the sale of the following:

up to 6,666,666 units of the Company (the "Units") at a price of $0.15 per Unit for gross proceeds of up to $1,000,000 from the sale of Units; and

up to 10,526,315 common shares of the Company (the "FT Shares", and together with the Units, the "Offered Securities") at a price of $0.19 per FT Share for gross proceeds of up to $2,000,000 from the sale of FT Shares. Each FT Share will be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada).

Each Unit issued under the Offering shall consist of one common share in the capital of the Company (each, a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to acquire one Common Share at an exercise price of $0.25 per Common Share for a period of 24 months from the Closing Date (as defined below).

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Bold Ventures Stakes Claims Near Joutel, Québec and Completes Second Phase of Fall Exploration at the Company's Properties in Northwestern Ontario

Bold Ventures Inc. (TSXV: BOL) (the "Company" or "Bold") announces that it has staked 26 claims near Joutel, Québec (with 4 claims pending), approximately 140 km northwest of the city of Val d'Or, Québec. The claims are situated in the vicinity of Bold's former Joutel property, over which Bold flew an airborne VTEM survey in 2012. The new claims cover geophysical anomalies from the 2012 survey. Historical diamond drilling in this area has identified anomalous nickel, silver, copper, zinc and gold associated with geophysical anomalies. Click here for more details about the property.

Additionally, senior management of Bold and prospectors from Emerald Geological Services ("EGS") have completed a second phase of fall fieldwork in the Atikokan, Ontario area, including prospecting, soil sampling, and lake sediment sampling. Work was carried out on the Wilcorp, Burchell, and Traxxin properties during the first half of November. A week-long first phase of fieldwork in September of this year resulted in assays up to 16.3 g/t Au at Bold's Wilcorp property (Oct. 31st news release). The purpose of the recent program was to define 2025 trenching and drilling targets in historical areas of interest, based on rock assays, soil geochemistry, and geological data.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

HOLEID	EASTING	NORTHING	RL_M	AZIM_TRUE	DIP	EOH_M	Comments
OEDD0065	655949.04	1048015.91	450.19	35.00	-55.00	209.51	DD Tail from 66m (NSV)
OEDD0073	655796.27	1048113.92	448.95	35.00	-55.00	107.30	DD Tail from 209m
OEDD0089	655813.07	1047963.67	445.71	31.20	-57.47	410.00
OEDD0090	655993.81	1047946.69	450.68	35.00	-55.00	317.27
OEDD0091	656138.39	1047853.14	455.30	35.00	-55.00	194.20
OEDD0092	655702.70	1048073.71	451.07	35.00	-55.00	335.30
OEDD0093	655379.89	1048249.71	458.08	35.00	-55.00	278.27
OEDD0094	655518.24	1048148.92	457.56	35.00	-55.00	398.30
OEDD0095	655305.16	1048288.12	458.20	35.00	-55.00	284.15
OEDD0096	656212.45	1047770.64	460.13	35.00	-55.00	191.18
OEDD0097	655771.52	1047907.10	448.81	35.00	-55.00	524.00
OEDD0098	655709.29	1047942.84	451.40	35.00	-55.00	525.92

Ag	Silver
Au	Gold
AuEq.	Gold Equivalent
Cu	Copper
Cu Eq.	Copper Equivalent
g/t	Grams per tonne
km	Kilometres
m	Metres

Hole	From (m)	To (m)	Width (m)	Au (g/t)	Cu (%)	Ag (g/t)	Mo (ppm)	AuEq. (g/t)	Au gm	AuEq. gm	Comp Trigger (g/t)
OEDD0073	147.00	173.00	26	0.6	0.16	0.5	131	0.9	15	23	0.2
including	150.00	152.00	2	0.9	0.14	0.6	14	1.1	2	2	0.5
including	160.00	173.00	13	0.8	0.24	0.8	230	1.3	11	17	0.5
OEDD0089	318.00	353.00	35	2.2	0.48	1.9	567	3.3	77	114	0.5
Including	319.00	325.00	6	2.3	0.27	1.0	1071	3.5	14	21	2
Including	330.00	353.00	23	2.5	0.60	2.3	365	3.6	59	83	1
and	377.00	394.00	17	1.8	0.30	0.9	195	2.4	31	41	0.5
Including	384.00	390.00	6	3.1	0.55	1.6	353	4.1	19	25	2
OEDD0090	181.00	233.00	52	1.5	0.21	0.9	234	2.0	80	104	0.2
Including	212.00	231.00	19	2.6	0.31	1.1	246	3.2	50	62	2
OEDD0091	120.00	173.00	53	0.6	0.13	0.6	130	0.9	34	48	0.2
and	134.00	169.00	35	0.8	0.14	0.6	158	1.1	28	39	0.5
OEDD0092	84.00	89.00	5	0.7	0.46	1.5	18	1.3	4	7	0.5
Including	84.00	85.00	1	2.7	1.82	6.1	38	5.2	3	7	1
and	278.00	310.00	32	1.5	0.36	1.3	138	2.1	48	67	0.50
Including	287.00	302.00	15	2.4	0.38	1.3	181	3.0	35	45	1.00
OEDD0093	199.00	233.00	34	0.6	0.59	3.0	40	1.5	22	51	0.20
Including	180.00	182.00	2	2.5	1.16	4.8	36	4.1	5	8	1.00
and	211.00	232.00	21	0.8	0.74	3.9	40	1.9	17	40	0.50
Including	215.00	216.00	1	1.4	0.94	3.8	27	2.8	1	3	1.00
Including	220.00	221.00	1	3.8	1.02	6.4	132	5.3	4	5	1.00
Including	228.00	229.00	1	1.5	0.33	2.6	18	2.0	2	2	1.00
OEDD0094	241.00	257.00	16	0.7	0.37	0.9	146	1.3	12	21	0.50
Including	245.00	246.00	1	1.9	0.21	0.6	93	2.3	2	2	1.00
Including	252.00	253.00	1	1.1	0.54	1.0	99	1.9	1	2	1.00
Including	256.00	257.00	1	1.2	1.03	3.3	85	2.7	1	3	1.00
and	298.00	317.00	19	0.8	0.14	0.5	69	1.0	15	19	0.50
Including	298.00	303.00	5	1.1	0.20	0.6	146	1.5	6	8	1.00
Including	307.00	311.00	4	1.1	0.20	0.5	30	1.4	4	6	1.00
and	333.00	354.00	21	0.9	0.28	0.9	196	1.4	18	29	0.50
Including	337.00	349.00	12	1.1	0.32	1.0	231	1.7	13	21	1.00
and	353.00	354.00	1	1.8	0.35	1.3	43	2.3	2	2	1.00
OEDD0095	185.00	204.00	19	0.3	0.36	1.4	24	15.5	6	16	0.20
Including	192.00	193.00	1	0.6	0.81	3.5	63	1.7	1	2	0.50
Including	203.00	204.00	1	1.2	0.36	1.5	7	1.7	1	2	0.50
and	212.00	213.00	1	0.6	1.11	3.8	35	2.2	1	2	0.50
Hole	From (m)	To (m)	Width (m)	Au (g/t)	Cu (%)	Ag g/t)	Mo (ppm)	AuEq. (g/t)	Au gm	AuEq. gm	Comp Trigger (g/t)
and	217.00	218.00	1	0.6	0.72	2.9	46	1.6	1	2	0.50
and	238.00	239.00	1	0.6	0.22	2.4	5	1.0	1	1	0.50
OEDD0096	126.00	137.00	11	0.3	0.15	0.4	178	7.0	3	7	0.20
Including	132.00	133.00	1	0.5	0.25	0.7	68	0.9	1	1	0.50
and	141.00	162.00	21	0.9	0.17	0.8	114	26.2	20	26	0.20
Including	144.00	146.00	2	2.2	0.38	1.5	227	5.8	4	6	1.00
Including	152.00	161.00	9	1.4	0.17	0.9	95	15.2	12	15	0.50
Including	156.00	159.00	3	2.9	0.32	1.6	112	10.4	9	10	2.00
OEDD0097	446.00	476.00	30	1.1	0.28	0.7	83	1.5	33	46	0.2
including	454.00	476.00	22	1.4	0.35	0.9	107	2.0	31	44	0.5
including	461.00	471.00	10	2.1	0.46	1.2	137	2.8	21	28	2
and	519.00	524.00	5	1.3	0.00	0.2	6	1.4	7	7	0.5
OEDD0098	435.00	462.00	27	1.9	0.40	1.4	279	2.7	52	72	0.5
including	435.00	445.00	10	1.34	0.25	0.92	241	1.9	13	19	1
including	449.00	461.00	12	2.86	0.59	1.95	338	3.9	34	47	1
and	482.00	498.00	16	1.0	0.23	0.8	129	1.4	16	23	0.5

Fireweed Provides Year-End Review of Record-Setting 2023 Accomplishments

Latest News

Latest Press Releases

Related News

TOP STOCKS