Fireweed Zinc Ltd (CVE:FWZ) is making good progress at the Macmillan Pass project in Yukon, where it has completed drilling 12 holes and is 80% complete on an airborne topographic survey.
Drilling started at the Tom North target to test a potential 600 meter long north extension of the large Tom West mineral resource, it said. Seven holes were completed after the program was extended.
Positive drill results at Tom North have the potential to extend open pit and underground mine life, and improve Tom's economics in the preliminary economic Assessment (PEA), the firm added.
READ: Fireweed Zinc making good progress at Macmillan Pass project, boosts number of drill holes at Tom North target
Meanwhile, a step-out hole at Tom West has been completed to extend the high-grade feeder mineralization to the south and a step-out hole was sunk at Tom East on the down dip extension of a very high grade 2018 hole which returned 21.1% zinc, 13.5% lead and 243 g/t silver over 16.41 metres.
Another hole tested target R where coincident gravity-magnetic highs and a soil anomaly were detected near the camp access road north of the Tom deposits and two holes were completed on the Jason North target located immediately north of the large Jason main deposit.
The drill has now moved to test the large coincident gravity-magnetic anomaly at Target A after which it will test Target G, said the group.
Samples from the first six holes are at the lab, while further samples will be shipped this week, said Fireweed. Mapping and sampling are continuing at the site.
Geophysics crews
Geophysics crews have completed surveying about half of Fertile Corridor between the End Zone and Boundary Zone, while airborne LiDAR topographic surveying is 80% complete.
Also in today's release, the firm said it had opened an office and hired a community liaison officer at Ross River - the nearest settlement to the Macmillan Pass project, located about 200km to the southwest.
Shares in Toronto were unchanged at C$0.56.
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