Mactung mine

Fireweed Metals Announces Mineral Resources for the Mactung Project: the Largest High-Grade Tungsten Deposit in the World*

Retrieved on: 
Tuesday, June 13, 2023
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Mineral resource classification for WO3 was based primarily on an analysis of viability and risk, drillhole spacing and on continuity of mineralization.

Key Points: 
  • Mineral resource classification for WO3 was based primarily on an analysis of viability and risk, drillhole spacing and on continuity of mineralization.
  • Inferred and Indicated resources were defined as using increasing thresholds of continuity, confidence, and data density.
  • Mactung is a tungsten skarn deposit located on the eastern margin of the Selwyn basin in the Canadian Cordillera’s Tombstone-Tungsten Belt (“TTB”).
  • The Mactung deposit is associated with Tungsten Suite intrusions that intruded late Precambrian to Palaeozoic age, variably metamorphosed clastic and interbedded carbonate rocks of the Selwyn Basin.

Fireweed Announces Plans for 16,000m Drill Program at Macmillan Pass and Appoints New Vice President of Operations

Retrieved on: 
Tuesday, May 2, 2023
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as the new Vice President of Operations.

Key Points: 
  • as the new Vice President of Operations.
  • His skills and experience will be instrumental in what will be an exciting and busy season for Fireweed as we ramp up to our largest ever drill program with goals to expand all the known mineralized zones.
  • Perhaps equally exciting is the start of year-round baseline environmental studies as we begin our journey toward production at Macmillan Pass and Mactung.”
    New Vice President of Operations, Andrew Crook, P.Eng.
  • Preparations are well underway for the biggest drilling campaign in the history of the Macmillan Pass Project.

Fireweed Announces Signing of Definitive Agreement on Mactung Project

Retrieved on: 
Tuesday, February 28, 2023
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VANCOUVER, British Columbia, Feb. 28, 2023 (GLOBE NEWSWIRE) -- FIREWEED METALS CORP. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQB: FWEDF, formerly Fireweed Zinc Ltd.) is pleased to announce the signing of the definitive Asset Purchase Agreement for the acquisition of 100% interest in the Mactung Tungsten Project (“Mactung” or “the Project”) located in Yukon and Northwest Territories, Canada.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 28, 2023 (GLOBE NEWSWIRE) -- FIREWEED METALS CORP. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQB: FWEDF, formerly Fireweed Zinc Ltd.) is pleased to announce the signing of the definitive Asset Purchase Agreement for the acquisition of 100% interest in the Mactung Tungsten Project (“Mactung” or “the Project”) located in Yukon and Northwest Territories, Canada.
  • Fireweed also announces appointment of a new Corporate Secretary and a small stock option grant to staff (see details below).
  • The 37.6 km2 property is located adjacent to Fireweed’s Macmillan Pass Property (Map 1) and accessed by the same road providing potential for future project synergies.
  • Geological mapping and surface sample programs were conducted in the early and mid-1960’s, with drilling beginning in 1968.

Fireweed Zinc Acquires Mactung Tungsten Project

Retrieved on: 
Tuesday, June 7, 2022
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Fireweed plans to follow this work with a new PEA on the project in 2023 and will also be evaluating synergies with the Macmillan Pass Project for the future.

Key Points: 
  • Fireweed plans to follow this work with a new PEA on the project in 2023 and will also be evaluating synergies with the Macmillan Pass Project for the future.
  • About Fireweed Zinc Ltd. (TSXV: FWZ; OTCQB: FWEDF; FSE:20F): Fireweed Zinc is a public mineral exploration company on the leading edge of critical minerals project development.
  • Mactung Tungsten Project: The Company has a binding Letter of Intent to acquire 100% interest in the 37.6 km2 Mactung Tungsten Project located adjacent to the Macmillan Pass Project.
  • Gayna River Zinc-Gallium-Germanium Project: Fireweed has 100% of the 128.75km2 Gayna River project located 180 kilometres north of the Macmillan Pass Project.