Fireweed Metals Corp (TSX-V:FWZ, OTCQB:FWEDF) has announced the first drill results from the 2022 drill program at its Macmillan Pass zinc-lead-silver project in Yukon, Canada.
Boundary West hole NB22-002 intersected high-grade massive sulphides and veins including 124 meters (m) of 12.3% zinc, 1.3% lead and 45.9 grams per ton (g/t) of silver including 60m of 19.0% zinc, 1.6% lead and 64.7g/t silver. That was the best ever intersection recorded anywhere at Macmillan Pass, in terms of grade by thickness, the company said.
Step-out hole NB22-002 successfully extended the Boundary West massive sulphide mineralization, which remains open in multiple directions, including towards where geological vectors suggest a feeder zone may be present in which higher grades and thicknesses may be found, the company said.
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Hole NB22-002 also intersected a new zone of massive sulphide and volcanics over 18.5m grading 6.15% zinc, 0.39% lead, and 14.3g/t silver that remains open to the south, Fireweed noted.
“The first results from the 2022 program include the best intersection that we have ever had at Boundary Zone, or anywhere on the property including our Tom and Jason deposits,” CEO Brandon Macdonald said in statement. “Boundary West seems to get higher grade the more we chase it to depth, and we see great potential for this massive sulphide zone — it is open along strike on both sides, and at depth, including in the direction toward the potential feeder structure. These are exceptional assays to kick off reporting of our 2022 drill results.”
The increase in zinc, lead and silver grades towards the east and with depth at Boundary West suggests that the feeder structure is located to the east and/or at depth from hole NB22-002, where the massive sulphide zone remains open, the company said.
Meanwhile, drill hole NB22-001 resulted in a successful step-out intersection of the laminated zinc mineralization at Boundary West of 4.87m grading 6.71% zinc, 1.56% lead, and 40.5g/t silver. The hole also demonstrated continuity of the massive sulphide zone at Boundary West with a separate 38.27m intersection of dense massive pyrite-sphalerite and minor vein-hosted sphalerite that graded 1.22% zinc, 0.04% lead and 14.9g/t silver.
Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com
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