Fireweed Zinc Ltd (CVE:FWZ) (OTCMKTS:FWEDF) (FRA:20F) announced that the first field crews have been mobilized to the company’s Macmillan Pass Property in Canada’s Yukon, in preparation for its upcoming exploration program.
The company said drilling is expected to begin in the coming weeks and will focus on expanding and better defining both the Boundary Zone and the newly-discovered Boundary West Zone.
“We have an ambitious program planned to drill the Boundary zones and to carry out a wide-ranging exploration program seeking new discoveries on large geochemical anomalies, and geological and geophysical targets, including targets on our new claims which cover the western extension of the Fertile Corridor,” Fireweed Zinc CEO Brandon Macdonald said in a statement.
READ: Fireweed Zinc sitting on a massive resource in Yukon with plans to unlock further value
“In the few short years we have worked the property, we have had great success and have advanced the project to become one of the largest undeveloped zinc resources in the world. We expect 2021 will be another huge step toward growing a truly world-class zinc district,” Macdonald added.
Drilling at the Boundary and Boundary West zones will include step-out holes to grow the potential resources, infill where current drill spacing is insufficient to support a resource, and limited holes close to past drilling to help define variography in support of an eventual resource.
Highlights from Boundary Zone drilling in 2020 included an intersection of 4.42% zinc, 0.08% lead and 10.7 grams per tonne (g/t) silver over 212.70 metres (m).
As well, the company said field exploration programs, including geophysical and geochemical surveys and geological mapping and prospecting, will be carried out on newly defined targets.
And, Fireweed Zinc noted it will also evaluate regional targets including Bog Zone, Volcanic Zone, and Eleven, which will potentially be drill tested.
Fireweed Zinc is advancing its district-scale 940 square kilometre Macmillan Pass project in the Yukon, Canada, which is host to the Tom, Jason, Boundary Zone, and End Zone zinc-lead-silver deposits.
Tom and Jason already comprise a combined Indicated resource of 11.21 million tonnes (Mt) of 9.61% zinc equivalent (ZnEq), 6.59% zinc, 2.48% lead, 21.33 g/t silver, with potential to expand further.
Contact Sean at sean@proactiveinvestors.com