Fireweed Intersects 118.0 M Of 15.1% Zinc, 2.8% Lead, And 85.8 G/T Silver And Also 82.5 M Of 11.9% Zinc, 2.2% Lead And 81.2 G/T Silver: Multiple Zones

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Algemeen advies 23/08/2023 11:24
Multiple wide, high-grade zones of zinc-lead-silver mineralization have been intersected in a stratiform, laminated to massive sulphide zone at Boundary Zone, part of an extensive sediment-hosted massive sulphide system.
NB23-007 intersected an upper zone of 82.5 m (15 m true width) of 11.9%, zinc 2.2% lead and 81.2 g/t silver, including 27.03 m (4.9 m true width) of 26.7% zinc, 4.2% lead, and 165.2 g/t silver.
NB23-007 also intersected a separate, lower zone of 118 m (40 m true width) grading 15.1% zinc, 2.8% lead, and 85.8 g/t silver including 77.07 m (26 m true width) of 18.7% zinc, 3.5% lead, and 101.4 g/t silver.
NB23-004 intersected 33.43 m (22 m true width) of 8.0% zinc, 2.0% lead, and 59.2 g/t silver, including 13.88 m (9.1 m true width) of 12.6% zinc, 3.7% lead, and 99.4 g/t silver.
Assays are pending for down-dip, step-out intersections of massive sulphide with intersected thicknesses between 25 m and 140 m, and additional drilling is underway where the zone remains open at depth.
Vancouver, British Columbia: FIREWEED METALS CORP. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQB: FWEDF) is pleased to report additional assay results from its 2023 exploration at the Macmillan Pass Project, Yukon, and provide an update from its largest ever drill program.

CEO Statement

Brandon Macdonald, CEO, stated, “In our largest field season ever, we continue to hit spectacular grade and widths of mineralization at Boundary Zone. The results from NB23-007 include two intersections which continue to demonstrate the world-class potential of mineralization at Boundary Zone. These results show continuity with, and even eclipse NB22-002, formerly Fireweed’s best-ever drillhole, in terms of grade and length of mineralization.”

Results from the Boundary Feeder Zone Target

Following up on drilling from 2022 and the initial results of the 2023 program which targeted a gap in the drilling between two of Fireweed’s best?ever drillholes at Boundary Zone, NB22-002 and NB22-023 (see Fireweed news releases dated June 22, 2023, November 22, 2022, and March 2, 2023), Fireweed has continued to test the high-grade feeder zone target that is interpreted to occur as at least one stratiform layer within a sediment hosted massive sulphide system. Both the initial results from 2023 as well as those from 2022 intersected very wide, high-grade zones and demonstrate continuity of the mineralized system.

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

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