Fireweed Zinc Ltd (TSX-V:FWZ) has announced results from its 2021 drilling program at the Macmillan Pass Project, Yukon, Canada.
The Vancouver, British Columbia-based exploration company said that the results from these step-out holes continue to show that Boundary West is growing and expanding the known extent of the high-grade laminated zones.
Among the highlights of the drilling, step-out hole NB21-008 intersected a wide zone of mineralization at Boundary West grading 5.41% zinc, 0.19% lead, and 10.5 gram per tonne (g/t) silver over 73.35 metres (m) including 10.39% zinc, 0.16% lead and 15.7 g/t silver over 16.09 meter, extending mineralization to depth.
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“This year’s drill results from Boundary Zone and Boundary West have clearly demonstrated that our exploration thesis was correct – there is high-grade laminated barite-hosted zinc-lead-silver mineralization as well as zones of massive sulphides and very wide intervals of vein-hosted mineralization at Boundary West,” Brandon Macdonald, CEO of Fireweed said in a statement.
He added: “We’ve now discovered all these styles of mineralization and many new zones in a large zinc system at Boundary Zone. The great results in 2021 continue to demonstrate that Boundary Zone is a key piece of the Macmillan Pass project alongside the high-grade deposits at Tom and Jason.”
The company also noted that high-grade laminated mineralization was intersected in holes NB21-006, NB21-007, and NB21-008, stepping out from the original discovery of this zone earlier in 2021.
Moreover, Boundary West remains open at depth, and geological features continue to indicate that higher-grade zones may be encountered with additional step-out drilling.
Fireweed said that Boundary West has now been demonstrated to be a significant exploration target: zinc mineralization has been confirmed over a strike length of at least 250m, and from near-surface to at least 350m vertical depth.
It added that zinc mineralization has been discovered in at least three discrete stratiform zones, with variable true thicknesses that aggregate to approximately 30m to 50m and are separated by barren or very low-grade zinc material.
Fireweed Zinc is a mineral exploration company focused on zinc-lead-silver and managed by a veteran team of mining industry professionals. The company is advancing its district-scale 940 km Macmillan Pass Project in Yukon, Canada, which is host to the 100% owned Tom and Jason zinc-lead-silver deposits with current Mineral Resources and a PEA economic study.
Contact Ritika at ritika@proactiveinvestors.com