Base Metals

Fireweed Zinc LTD. ("Fireweed") (TSXV: FWZ) is pleased to announce the final results from the 2020 drilling at the Macmillan Pass Project in Yukon, Canada. These results are from the Reverse Circulation (RC) drill program at the Tom and Jason deposits (see Map 1).


  • Hole TRC20-003 intersected 8.2 m true thickness of 11.00% zinc, 8.74% lead, and 19.6 g/t silver in an infill hole at Tom West
  • Hole TRC20-007 intersected 8.1 m true thickness of 5.92% zinc, 0.25% lead, and 1.7 g/t silver in a step-out hole at Tom North.
  • Hole TRC20-002 intersected 10.6 m true thickness of 9.43% zinc, 5.36% lead, and 36.4 g/t silver in a twin of hole TS020, an historic diamond hole drilled at Tom West in 1952.
  • Lead and silver grades in RC twin holes are significantly higher than historic small-diameter diamond drill holes.

Table 1: 2020 RC drill results from the Tom and Jason Deposits

Drill Hole Zone From
TRC20-002 Tom West 44.20 57.91 13.71 10.6 9.43 5.36 36.4
(TS020)* Tom West 59.44 70.87 11.43 10.1 9.38 3.67 23.7
TRC20-003 Tom West 38.10 47.24 9.14 8.2 11.00 8.74 19.6
TRC20-004 Tom West 42.67 50.29 7.62 7.2 8.85 4.70 18.4
TRC20-007 Tom North 88.39 97.54 9.15 8.1 5.92 0.25 1.7
JRC20-002 Jason Main 44.20 59.44 15.24 6.30 5.54 3.23 2.2

*TS020 is an historic diamond drill hole drilled in 1952 and grades reported here are from historic records to show a comparison to twinned hole TRC20-002.

CEO Statement
Brandon Macdonald, CEO, stated, "Improvements in grade with modern drilling methods have been seen in 2018 at Tom West, in 2019 at Tom North and again here in 2020, showing significant grade upside potential for infill drilling. The RC program tested areas with some of the most challenging drilling conditions on the property and yet still delivered excellent results at a lower cost than diamond drilling. We see potential to use RC drilling during infill drill programs to reduce the cost of upgrading mineral resources at shallow depths, particularly at Boundary Zone where mineralization occurs at surface and is hosted by much more competent rocks where drilling conditions are much more favourable. The successful step-out hole shows that the project continues to grow at Tom as we advance new discoveries at Boundary Zone."

2020 RC Drilling program
The program was designed to test the potential of RC drilling as a lower cost alternative to diamond drilling for upgrading mineral resources at shallow depths. In 2020, a small number of RC test holes were drilled as infill and twin holes at the Tom and Jason deposits. A step-out hole was also drilled at Tom North.

The 2020 RC infill drilling at Tom West was located in the high-grade, feeder-proximal part of the deposit where the current Mineral Resource is supported by small-diameter historic AX (30.1 mm diameter) or EX (20.6 mm diameter) diamond drill core (see Map 2 and Fireweed news release dated January 10, 2018). Hole TRC20-002 was an RC twin of an historic EX diamond drill hole, TS020. Zinc grades are very similar but lead and silver grades are significantly higher in TRC20-002 compared to historic hole TS020. Elsewhere at Tom West and at Tom North, similar patterns have been observed where modern drilling methods show significantly higher grades and thicknesses than nearby historic small-diameter core diamond holes due to better recoveries with modern drilling methods (see Fireweed news releases dated October 10 th , 2018 and August 20 th , 2019). Other successful 2020 Tom West infill RC holes intersected consistent high zinc, lead and silver grades shown in Table 1.

The Tom North exploration target was defined by drilling by Fireweed in 2019 but is not yet classified as a Mineral Resource (see Fireweed news release dated August 20 th , 2019). Hole TRC20-007 was a modest step-out in the down-dip direction at Tom North, 50 m away from the previously drilled mineralized intercept in hole TS19-001 (see Map 2) and is within 80 m from surface.

Hole JRC20-002 was drilled as an RC infill hole in the Jason Main deposit (see Map 3). Mineralization was intercepted from 44.20 m to the end of hole at 59.44 m. The hole was abandoned in mineralization due to drilling difficulties, intersecting approximately two-thirds of the mineralized zone.

Notes on sampling, assaying, and data aggregation:

RC rock cuttings were collected with a face-sampling bit to minimize contamination. Samples were collected at 1.52 m intervals as the drill was operating. When drilling dry, the samples from the drill return cyclone were collected in a clean plastic 20 litre pail and the sample was weighed to assess recovery for each run. Samples were then logged for geology and run through a Jones-type riffle splitter to recover a 2 kg to 6 kg sample split. Washed chips were examined and stored in a chip tray for reference. Pails and splitter were thoroughly cleaned with compressed air prior to processing the next sample. Sample splits were collected in plastic sample bags, securely closed, packed and shipped to the laboratory for assay. When drilling wet, the entire sample was collected, logged and left to dry in open air. When dry, each sample was weighed to calculate recovery and then processed as described above. After sampling, the remaining cuttings were left on site and bagged for archival purposes.

The RC logging and sampling program was carried out under a rigorous quality assurance / quality control program using industry best practices. Drill intersections in this release had good recoveries, typically above 85%. A total of 5% assay standards or blanks and 5% RC duplicates are included in the sample stream as a quality control measure and are reviewed after analyses are received. Standards and blanks in 2020 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 Pb (>25.0%) and Zn (>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. RC drill results in this news release are length weighted averages. True thicknesses have been estimated in 3D using interpretations from geological and assay data in surrounding drill holes to determine the geometry of the mineralized zones.

Qualified Person Statement
Technical information in this news release has been approved by Jack Milton, P.Geo., Ph.D., Chief Geologist, and a ‘Qualified Person' as defined under Canadian National Instrument 43-101.

About Fireweed Zinc Ltd. (TSXV: FWZ): Fireweed Zinc is a public mineral exploration company focused on zinc-lead-silver and managed by a veteran team of mining industry professionals. The Company is advancing its district-scale 940 km 2 Macmillan Pass Project in Yukon, Canada, which is host to the 100% owned Tom and Jason zinc-lead-silver deposits with current Mineral Resources and a PEA economic study (see Fireweed news releases dated January 10, 2018, and May 23, 2018, respectively, and reports filed on for details) as well as the Boundary Zone, Tom North Zone and End Zone which have significant zinc-lead-silver mineralization drilled but not yet classified as mineral resources. The project also includes large blocks of adjacent claims (MAC, MC, MP, Jerry, BR, NS, Oro, Sol, Ben, and Stump) which cover exploration targets in the district where previous and recent work identified zinc, lead and silver prospects, and geophysical and geochemical anomalies in prospective host geology.

Additional information about Fireweed Zinc and its Macmillan Pass Zinc Project including maps and drill sections can be found on the Company's website at and at

ON BEHALF OF Fireweed Zinc LTD.

" Brandon Macdonald "

CEO & Director

Brandon MacDonald
Phone: (604) 646-8361

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
This news release may contain "forward-looking" statements and information relating to the Company and the Macmillan Pass Project that are based on the beliefs of Company management, as well as assumptions made by and information currently available to Company management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including but not limited to, without limitations, exploration and development risks, expenditure and financing requirements, general economic conditions, changes in financial markets, the ability to properly and efficiently staff the Company's operations, 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, and one-time events. Additional risks are set out in the Company's prospectus dated May 9, 2017, and filed under the Company's profile on SEDAR at . Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

Map 1 – Macmillan Pass Project:
Locations of the 2020 exploration targets, advanced prospects, and known deposits.

Map 2 – Tom 2020 RC drilling:
Locations of the 2020 RC drill holes at Tom. Diamond drill holes are also shown, and those referred to in the text are labelled.

Map 3 – Jason 2020 RC drilling:
Locations of the 2020 RC drill holes at Jason. Diamond drill hole locations are also shown.

Table 2 - Reverse Circulation (RC) Drill Hole Collars

Drill Hole Length (m) Zone Easting* Northing* Elevation (m) Dip (°) Grid Azimuth (°)
TRC20-001 7.6 Tom West 442065 7003667 1547 -50 066
TRC20-002 82.3 Tom West 442071 7003663 1547 -80 066
TRC20-003 64.0 Tom West 442071 7003663 1547 -55 066
TRC20-004 64.0 Tom West 442071 7003663 1547 -70 089
TRC20-005 47.2 Tom West 442071 7003663 1547 -55 129
TRC20-006 36.6 Tom West 442049 7003678 1545 -80 065
TRC20-007 98.45 Tom North 441654 7004507 1422 -51 076
JRC20-001 47.24 Jason Main 436437 7002774 1298 -50 027
JRC20-002 59.44 Jason Main 436533 7002772 1300 -65 011

*UTM Zone 9 NAD83

Table 3 - Reverse Circulation (RC) Drill Hole Summary.

Drill Hole Length (m) Zone Target Results and Observations
TRC20-001 7.6 Tom West Infill Hole abandoned at casing due to drilling problems
TRC20-002 82.3 Tom West Twin of historic hole Successful twin with good recovery. Assays reported in this release.
TRC20-003 64.0 Tom West Infill Tom West zone intersected. Assays reported in this release.
TRC20-004 64.0 Tom West Infill Tom West zone intersected. Assays reported in this release.
TRC20-005 47.2 Tom West Step-out Hole abandoned before target depth due to drilling problems
TRC20-006 36.6 Tom West Infill Hole abandoned before target depth due to drilling problems
TRC20-007 98.45 Tom North Step-out Tom North zone intersected. Last run 97.54-98.45 m in
weak mineralization (2.52% Zn, 0.06% Pb and 1.4 g/t
Ag over 0.91 m) before hole was abandoned due to
drilling problems. Assays reported in this release.
JRC20-001 47.24 Jason Main Infill Hole abandoned before target depth due to drilling problems.
JRC20-002 59.44 Jason Main Infill Jason Main zone intersected. Hole abandoned in
mineralization. Assays reported in this release.

Primary Logo

News Provided by GlobeNewswire via QuoteMedia

Fireweed Metals

Fireweed Metals

Keep reading...Show less
Goldplay Appoints Chris Osterman as CEO and Catalin Kilofliski as Executive Chair

Goldplay Appoints Chris Osterman as CEO and Catalin Kilofliski as Executive Chair

TSXV: AUC) (OTCQB:AUCCF), (Frankfurt:9FY), (the "Company" or "Goldplay"), is pleased to announce that in order to further advance Company's existing portfolio of projects in Portugal and beyond, Mr. Christopher Osterman has been appointed as the Company's Chief Executive Officer effective August 4, 2022. Mr. Catalin Kilofliski, has been appointed as Goldplay's Executive Chairman and will continue to lead Company's strategy. Goldplay's current Chair of the Board, Dr. Deepak Malhotra has been appointed as Lead Independent Director

Chris Osterman, PhD Geologist, Chief Executive Officer

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Canada Nickel Company Initiates Federal Permitting Process for Crawford Nickel Project

Canada Nickel Company Initiates Federal Permitting Process for Crawford Nickel Project

Canada Nickel Company Inc. ("Canada Nickel" or the "Company ") (TSXV: CNC) (OTCQX: CNIKF) announced today that the federal Impact Assessment permitting process for the Company's Crawford Nickel Project has been initiated following the acceptance by the Impact Assessment Agency of Canada (the "Agency") of the Company's Initial Project Description (the "IPD"). The Agency has determined the IPD conforms to the regulations and it has been posted to the Agency's public website for an official comment period.

Canada-Nickel-Company-Logo (CNW Group/Canada Nickel Company Inc.)

"We would like to thank all who have taken the time to provide feedback, and to reiterate the significant role each individual can play in the careful and informed design, development, and operation of the Crawford Nickel Project," said Mark Selby , Chair and CEO of Canada Nickel.  "The relationships we have built since the earliest days of the project have been crucial in facilitating these conversations, and by continuing to collect, reflect upon, and integrate the comments, concerns, questions, and suggestions we receive, Canada Nickel hopes to build a project that maximizes benefits to all communities in the region."

Engagement Period
Following the submission of an IPD draft to the Agency in May 2022 (see news release Canada Nickel Takes Important Step in Crawford Nickel Project Permitting Process, 12/05/2022 ), Canada Nickel initiated an extensive round of engagement on the IPD, hosting more than 20 meetings with Indigenous communities, project stakeholders, and the general public to present key content from the IPD and enable follow up Q&As. The intention of these meetings was to gather crucial feedback from as many interested individuals as possible – all of which was carefully logged and integrated into the final IPD submission.

Next Steps
The Agency's filing of the IPD to its website signals the beginning of a 180-day comment period for the document. With the IPD now publicly available, the Agency will conduct its own series of engagement activities, which will assist the Agency in developing a Summary of Issues relating to the project, to then be provided to Canada Nickel. Subsequent to this and over the coming months, Canada Nickel will complete a Response to the Summary of Issues and a Detailed Project Description, both of which will be submitted to the Agency for further review.

For more information regarding the IPD or the Impact Assessment process, please visit the Agency's website at .

About Canada Nickel Company

Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless steel markets. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero Nickel TM , NetZero Cobalt TM , NetZero Iron TM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel Sulphide Property in the heart of the prolific Timmins-Cochrane mining camp. For more information, please visit

For further information, please contact:

Mark Selby, Chair and CEO
Phone: 647-256-1954

Cautionary Statement Concerning Forward-Looking Statements

This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward looking information includes, but is not limited to, drill results relating to the Crawford Nickel Sulphide Property, the potential of the Crawford Nickel Sulphide Property, timing of economic studies and mineral resource estimates, the ability to sell marketable materials, strategic plans, including future exploration and development results, and corporate and technical objectives. Forward-looking information is necessarily based upon a number of assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Factors that could affect the outcome include, among others: future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities (known and unknown), general business, economic, competitive, political and social uncertainties, results of exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain regulatory or shareholder approvals, and the impact of COVID-19 related disruptions in relation to the Company's business operations including upon its employees, suppliers, facilities and other stakeholders. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Cision View original content to download multimedia:

SOURCE Canada Nickel Company Inc.

Cision View original content to download multimedia:

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Xander Resources Announces Proposed Warrant Extensions

Xander Resources Announces Proposed Warrant Extensions


Xander Resources Inc.

Xander Resources Inc. ("Xander" or the "Company") (TSXV:XND) (OTC:XNDRF) (FSX:1XI) announces that, subject to the approval of the TSX Venture Exchange (the " Exchange "), it intends to extend the expiration date of an aggregate of 1,547,890 warrants (the " Warrants ") originally issued by the Company on August 24, 2020 and December 22, 2020 pursuant to non-brokered private placements by one year

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Green River Gold Corp. Intercepts Highest XRF Nickel Results to Date in Step-Out Drilling at Its Quesnel Nickel/Magnesium/Talc and Expands Its Oversubscribed Flow-Through Share Offering

Green River Gold Corp. Intercepts Highest XRF Nickel Results to Date in Step-Out Drilling at Its Quesnel Nickel/Magnesium/Talc and Expands Its Oversubscribed Flow-Through Share Offering

Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) (the "Company" or "Green River") is pleased to update the progress on the 2022 exploration program at its Quesnel NickelMagnesiumTalc Project, located 40 kilometers from the City of Quesnel, British Columbia, in the prolific Cariboo Mining District.

Fargo Exploration conducted a geochemical survey, consisting of soil and rock chip sampling on Grid 1 from July 6 to July 18 (Figure 1). The bedrock outcropping locations were mapped and recorded during the 2.5 square KM soil sampling program. A total of 145 samples, including soil samples and rock chip samples, were taken during the survey.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Emerita Reports Latest Drill Results From IBW and Extends Mineralization 100 Metres to East at Romanera

Emerita Reports Latest Drill Results From IBW and Extends Mineralization 100 Metres to East at Romanera

Emerita Resources Corp. (TSX V: EMO; OTC: EMOTF) (the "Company" or "Emerita") is pleased to announce additional assay results from the 2022 exploration drilling at its Iberian Belt West (IBW) project ("IBW" or the "Project"). IBW hosts three previously identified massive sulphide deposits: La Infanta, La Romanera and El Cura. All deposits are open for expansion along strike and at depth.

The drill program to date has been focused on the Romanera and La Infanta deposits. The following table presents the latest results obtained from the La Infanta and Romanera deposits and their extensions. Drilling continues at both sites with one drill continuing at La Infanta and the remaining rigs at Romanera. Since obtaining drill permits for Romanera, the IBW program focus has shifted to delineating the Romanera deposit, which is the largest deposit on the Project

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Update Report on the 2022 Field Exploration Programs, Increases Land Position

Update Report on the 2022 Field Exploration Programs, Increases Land Position

Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL)(FSE:XZ7) announces an update on the 2022 field exploration programs on its Muskwa Copper Project. See Figure 1 below

Figure 1 - General Property Location

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News