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Fireweed Zinc Mobilizes Field Crews to Begin 2021 Exploration Program

 

Fireweed Zinc LTD. ("Fireweed") (TSXV: FWZ) is pleased to announce that the first field crews have been mobilized to the Macmillan Pass Property, in Yukon, Canada.

 

The first crews on site will open camp facilities and prepare for the upcoming exploration program. Drilling and other field work are expected to begin in the coming weeks.

 

  Highlights for the 2021 Exploration Program  

 
  • Drilling will be focused around the Boundary Zone and the newly discovered Boundary West Zone,
  •  
  • Evaluation of regional targets including Bog Zone, Volcanic Zone, and Eleven, potentially including drill testing,
  •  
  • Field exploration programs including geophysical and geochemical surveys, and geological mapping and prospecting will be carried out on newly defined targets.
  •  

  CEO Statement  
Brandon Macdonald, CEO, stated, "It is exciting to get boots on the ground to begin our 2021 exploration program. We have an ambitious program planned to drill the Boundary zones and to carry out a wide-ranging exploration program seeking new discoveries on large geochemical anomalies, and geological and geophysical targets, including targets on our new claims which cover the western extension of the Fertile Corridor. In the few short years we have worked the property, we have had great success and have advanced the project to become one of the largest undeveloped zinc resources in the world. We expect 2021 will be another huge step toward growing a truly world-class zinc district."

 

  2021 Diamond Drilling Program  

 

The 2021 drilling program will seek to expand and better define both the Boundary and Boundary West zones. Holes will include step-outs to grow the potential resources, infill where current drill spacing is insufficient to support a resource, and limited holes close to past drilling to help define variography in support of an eventual resource.

 

  Boundary Zone  
The Boundary Zone consists of a large zone of vein, stockwork, and breccia-hosted, zinc (-lead-silver) mineralization cutting across volcanics, mudstones, and conglomerates, and has large zones of matrix and clast replacement style mineralization within the course clastic rocks. Higher grade, near surface mineralization could be suitable for bulk tonnage, open pit mining.

 

Drilling highlights from the 2020 program at Boundary Zone include drillhole NB20-002, which intersected 4.42% Zinc, 0.08% Lead and 10.7 g/t Silver over 212.70 m, including 25.58% Zinc, 0.14% Lead and 44.0 g/t Silver over 5.81 m.

 

  Boundary West Zone  
The Boundary West Zone consists of an upper sequence of stratiform massive sulphides, Boundary Zone style-vein hosted and replacement style mineralization, and stratiform, laminar zinc mineralization similar to the Tom and Jason deposits as well as a lower (older) sequence of stratiform zinc-lead mineralization and vein hosted zinc mineralization.

 

Drilling highlights from the 2020 program at Boundary West Zone include drillhole NB20-004, which intersected 4.22% Zinc, 0.34% Lead and 25.6 g/t Silver over 76.5 m including 6.46% Zinc, 0.77% Lead and 47.5 g/t Silver over 24.1 m from a vertical depth of 90 m from surface.

 

  2021 Field Programs  

 

  Regional Exploration Targets  
The Fireweed team have identified many regional exploration targets with mineralization similar to the Boundary Zone such as the Bog Zone, Volcanic Zone, and Eleven. These targets will be further evaluated during the 2021 program, and the best targets may be chosen for drill testing later in the season.

 

Exploration crews will also begin work on the recently acquired Sol and Oro claim groups (see Fireweed News Release dated Nov 23, 2020) that cover the western extension of the Fertile Corridor which is host to Boundary Zone, End Zone and the Jason deposit, and is the prime exploration target trend in the district. Previous operators explored the Sol and Oro claims for gold and left a legacy of extensive geochemical and geophysical data which includes large geochemical anomalies indicating strong potential for shale hosted zinc and lead deposits as well as large silver anomalies which may indicate mineralization of a different type altogether. Many of these anomalies and targets will be investigated this summer.

 

  Airborne Geophysical Survey  
Crews will continue with the 1,300 line-kilometer airborne VTEM-Magnetics geophysics survey that was started at the end of the 2020 season but delayed due to late season weather. The survey will cover the Boundary and Boundary West Zones as well as regional targets such as Bog Zone, Volcanic Zone, and Eleven. Results of the survey will be used to guide work programs and exploration targeting.

 

  Ground Geophysical Surveys  
The ground gravity crew will continue to survey the Fertile Corridor focusing on high priority target areas. Previous gravity surveys successfully detected the Tom, Jason, and Boundary Zones, and a gravity anomaly detected in 2020 lead to the discovery of the newly identified Boundary West Zone.

 

  Geochemical Surveys  
Continued soil geochemical surveys are planned for select areas of the property, and extensive geological mapping and prospecting will be carried out this summer to advance Fireweed's understanding of the geological controls on mineralization and further delineate prospective areas including the recently acquired Oro and Sol claims on the western extension of the Fertile Corridor.

Qualified Person Statement  
Technical information in this news release has been approved by Gilles Dessureau, P.Geo., V.P. Exploration for Fireweed Zinc and a ‘Qualified Person' as defined under Canadian National Instrument 43101.

 

  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 www.sedar.com 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 www.FireweedZinc.com and at www.sedar.com .

 

  ON BEHALF OF Fireweed Zinc LTD.  

 

  "    Brandon Macdonald    "  

 

CEO & Director

 

  Contact  
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, pandemics, 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 www.sedar.com . 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.

 

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Developing a world-class critical minerals district in Yukon, Canada

Finlay Minerals Announces Increased Budget for PIL and ATTY Projects

Finlay Minerals Announces Increased Budget for PIL and ATTY Projects

 
 

Finlay Minerals Ltd . (TSXV: FYL,OTC:FYMNF) (OTCQB: FYMNF), the "Company", is pleased to announce that the approved budget under the Earn-In Agreements with Freeport-McMoRan Mineral Properties Canada Inc. ("Freeport") 1 for both the PIL and ATTY Projects, has been increased to a total of $3.6 million .

 
 

  Finlay Minerals Ltd. logo (CNW Group/Finlay Minerals Ltd.) 

 

Both projects are situated in the highly prospective Toodoggone District of British Columbia , which continues to develop as an important copper-gold (Cu-Au) district with significant potential for further discoveries.

 

Initially, the 2025 budget was set at a minimum of $750,000 for the PIL property and $500,000 for the ATTY property. However, these amounts have now been revised to up to $2.6 million for the PIL project and up to $1.0 million for the ATTY project. Both programs are fully funded under the Earn-In Agreements with Freeport . According to these agreements, Freeport may earn an 80% interest in each property by investing a total of $35 million in exploration expenditures and making cash payments totaling $4.1 million over/up to six years.   2 Until the Finlay-Freeport Earn-In Agreements complete, Finlay owns 100% of both properties.

 

The PIL   Property lies in the heart of the Toodoggone region and features several porphyry copper-gold (Cu-Au) targets, along with associated epithermal gold-silver (Au-Ag) mineralization.  To date, 18 porphyry Cu ± Mo ± Au and porphyry-related low- and high-sulphidation epithermal Au-Ag occurrences have been outlined on the PIL Property. The PIL property is adjacent to Amarc Resources and Freeport-McMoRan's JOY Project, as well as TDG Gold Corp.'s Shasta/Baker and Sofia Properties. It is also situated 25 kilometres ("km") northwest of Centerra Gold's former Kemess South Mine and 15 km east of Thesis Gold's Lawyers Project.

 

The ATTY Property covers 3,875 hectares of sub-alpine terrain in the southern Toodoggone region, an area known for significant porphyry copper-gold (Cu-Au) and epithermal gold-silver (Au-Ag) deposits. It is located between Centerra Gold's Kemess Project and the JOY Project, held by Amarc Resources and Freeport-McMoRan. The KEM target on the ATTY Property resembles the Kemess North Trend, which is home to the Kemess Underground and Kemess East deposits. Exploration will focus on the Wrich target, located near the copper geochemical anomaly at the SWT target on the JOY Property. This anomaly extends over 2 km and continues onto the ATTY Property for an additional 1.2 km to the southeast.

 

  The 2025 programs at the PIL and ATTY are well underway with:  

 
  • Detailed property-wide, 100 metre line-spaced airborne magnetic surveys completed on both properties;

  •  
  • Detailed geological and alteration mapping and expanded rock and soil sampling on up to 8 target areas on the PIL underway, with the ATTY expected to start by the end of July;

  •  
  • 53 line-km of induced polarization ("IP") geophysical surveys planned on the PIL and 16 line-km on the ATTY, and

  •  
  • Finlay acting as the Operator on both properties.
  •  

Finlay's President and CEO, Ilona Lindsay , states :  

 

  "We are very pleased with the substantial increase in approved funding for both the PIL and the ATTY. This additional funding will allow us to identify and prioritize as many targets as possible for drilling in 2026."  

 

  References:  

 
  1. Freeport-McMoRan (FCX) is a leading international metals company focused on copper, with major operations in the Americas and Indonesia and significant reserves of copper, gold, and molybdenum.

  2.  
  3. Finlay news releases NR 03-25 dated April 17, 2025 entitled: "  Finlay Minerals Enters into Earn-In Agreements with Freeport for its PIL & ATTY Properties " and NR 05-25 dated May 2, 2025 and entitled: "  Finlay Minerals Receives TSX Venture Exchange Approval for PIL Earn-In Agreement. "
  4.  

  Qualified Person:  

 

  Wade Barnes , P. Geo. and Vice President, Exploration for Finlay Minerals and a qualified person as defined by National Instrument 43-101, has approved the technical content of this news release.

 

  About finlay minerals ltd.  

 

Finlay is a TSXV company focused on exploration for base and precious metal deposits with five properties in northern British Columbia :

 

Finlay trades under the symbol "FYL" on the TSXV and under the symbol "FYMNF" on the OTCQB. For further information and details, please visit the Company's website at www.finlayminerals.com   .  

 

  On behalf of the Board of Directors,  

 

  Robert F. Brown ,
Executive Chairman of the Board

 

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

 

   Forward-Looking Information:    This news release includes certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements.  Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this news release include statements regarding, among others, the exploration plans for the PIL & ATTY Properties. Although Finlay believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay's proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law.  

 

SOURCE finlay minerals ltd. 

 

 

 

 Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2025/17/c1585.html  

 
 

 

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Juggernaut Closes $1,000,000 $0.64 Unit Private Placement Financing

Juggernaut Closes $1,000,000 $0.64 Unit Private Placement Financing

 

(TheNewswire)

 
        
  Juggernaut Exploration Ltd. 
                   
 

Vancouver, British Columbia TheNewswire - July 17, 2025 Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the "Company" or "Juggernaut"), further to its July 3, 2025, news release the Company is pleased to announce that it has received approval from the TSX Venture Exchange to close its private placement financing (the "Financing") for aggregate gross proceeds of $1,000,000.

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Forte Minerals Secures C$5.7 Million Strategic Investment to Advance Alto Ruri Project

Forte Minerals Secures C$5.7 Million Strategic Investment to Advance Alto Ruri Project

 

"Not for distribution to United States newswire services or for dissemination in the United States."

 

Forte Minerals Corp . (" Forte " or the " Company ") ( CSE: CUAU ) ( OTCQB: FOMNF ) ( Frankfurt: 2OA ) is pleased to announce a non-brokered private placement with a strategic investor (the " Investor "), who will acquire 6,326,066 common shares at a price of C$0.90 per share for gross proceeds of approximately C$5,693,459 (the " Strategic Placement "). Upon closing of the Strategic Placement, the Investor will own 9.99% of Forte's issued and outstanding common shares on a non-diluted basis, establishing a meaningful long-term position in Forte's growth and exploration strategy.

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Noble Mineral highlights Mann Central Nickel Sulphide Initial Resource as announced by Canada Nickel

Noble Mineral highlights Mann Central Nickel Sulphide Initial Resource as announced by Canada Nickel

 

(TheNewswire)

 
       
  Noble Mineral Exploration Inc. 
                
 

TORONTO, July 16, 2025 TheNewswire - Noble Mineral Exploration Inc. (" Noble " or the " Company ") (TSXV: NOB,OTC:NLPXF) (OTCQB: NLPXF) is pleased to announce the initial mineral resource at Mann Central as announced by its joint venture partner Canada Nickel in the East Timmins Nickel Company, operating in the Timmins area of Northern Ontario.

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