Fireweed Zinc Ltd (TSX-V:FWZ) said Cindy Chiang has been promoted to the role of Chief Financial Officer (CFO) at the company, replacing Eddy Yu, who had left for personal reasons.
A chartered professional accountant (CPA), Chiang has been the financial controller for Fireweed since May this year.
"We would like to thank Eddy for his diligent work with Fireweed and wish him all the best for the future," Brandon Macdonald, the resource firm's CEO told investors in a statement.
"We are very glad to welcome Cindy to her new role as CFO. Her promotion to chief financial officer is based on the excellent work she has done as financial controller for the company. She comes into her new position fully knowledgeable of the company’s financial and budget tracking practices, and will be a valuable contributor as we continue to grow Fireweed as a premier metals exploration and development company."
READ: Fireweed Zinc reveals new intersections from Boundary Zone at its Macmillan Pass project including new copper-rich mineralization
Chiang has experience in both public practice and industry, noted Fireweed, and during her time in public practice at KPMG, she led audit engagement teams domestically and abroad, and is knowledgeable of Canadian and US accounting standards as well as IFRS.
Fireweed is advancing the district-scale 940-square kilometre (sq km) Macmillan Pass project in Yukon, which is host to the 100%-owned Tom and Jason zinc-lead-silver deposits with current mineral resources and a preliminary economic assessment.
The firm believes that the Boundary Zone, Tom North Zone and End Zone have significant zinc-lead-silver mineralization, thanks to drill results, but are not yet classified as mineral resources.
On November 18, the company released new drill results, which showcased the growth potential at the Boundary Zone.
Highlights from the step-out hole included a new, copper-rich style of mineralization grading 1.54% copper, 5.42% zinc, 0.04% lead and 5.6 grams per ton (g/t) silver over 2 metres.
"This is the first discovery of meaningful copper grades in core at the Macmillan Pass project and we are excited to follow up on this new style of copper-zinc mineralization in the coming drill programs," Macdonald had said.
Contact the author at giles@proactiveinvestors.com