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

Retrieved on: 
Tuesday, June 13, 2023

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.