Fireweed Zinc Ltd (CVE:FWZ) announced results from its first drill hole at the End Zone on the Macmillan Pass Project in Yukon, Canada.
The company said Hole EZ18-001 showed 4.56% of zinc, 17.43% of lead and 145 grams per ton of silver in the hole drilled in the middle of the End Zone mineralization area.
End Zone was discovered and saw limited drilling between 1979 and 1981 and again in 1991. This is the first drill hole in the area since 1991 and confirms the high-grade nature of the mineralization at End Zone, the company said.
Additional drilling including step out holes have been completed and assays are pending.
Fireweed Zinc is a public mineral exploration company focused on zinc.
Shares added 3.85% to $0.81 on the day.
Contact Rene Pastor at rene.pastor@proactiveinvestors.com