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Fireweed Intersects 7.71% Zinc, 0.7% Lead and 32.1 g/t Silver Over 46.96 m in Step-Out Hole at Boundary West
VANCOUVER, British Columbia, Aug. 17, 2021 (GLOBE NEWSWIRE) -- FIREWEED ZINC LTD. (“Fireweed”) (TSXV: FWZ) is pleased to announce the results from the first dri
About this update from Fireweed Metals Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Aug. 17, 2021 (GLOBE NEWSWIRE) -- FIREWEED ZINC LTD. (“Fireweed”) (TSXV: FWZ) is pleased to announce the results from the first drill hole at Boundary West for the 2021 Macmillan Pass zinc-lead-silver project drill program, Yukon, Canada. Highlights The first hole of the season, NB21-001 at Boundary Zone West, intersected 46.96 m of 7.71% zinc, 0.70% lead, and 32.1 g/t silver. This intersection included a very high-grade section of 0.9 m grading 46.50% Zn, 11.54% Pb, and 117.3 g/t silver of stratiform, laminated mineralization similar in style to the Tom-Jason deposits. In addition, a new zone of stratiform zinc-lead-silver mineralization has been discovered high in the upper sequence at Boundary West. Significant widths of pyrite-sphalerite-galena mineralization have been intersected in other step-out holes at Boundary West. Two diamond rigs continue drilling in the Boundary Zone area. Eight diamond drill holes have been completed so far, totalling 2,700 m. An 84 line-km ground gravity geophysical survey is complete. A soil geochemical survey is underway following up on preliminary ground gravity anomalies. CEO Statement Brandon Macdonald, CEO, stated “The first step-out hole at Boundary West has demonstrated continuity and an increase in grade of the massive sulphides in the upper sequence compared to the intersection in the discovery hole drilled in 2020. The presence of extremely high-grade Tom-Jason style mineralization above the massive sulphide is very encouraging. We are using the geology to vector towards the feeder-structure, where high zinc, lead, and silver grades are anticipated. We continue to advance these discoveries with two rigs now turning at Boundary Zone”. Boundary Zone Drilling At Boundary West (Map 1, Map 2), diamond drill hole NB21-001 intersected laminated sphalerite-galena-pyrite-barite mineralization similar in style to mineralization at the Tom and Jason deposits, as well as vein-hosted and massive sulphide mineralization. The laminated interval graded 30.95% zinc, 7.60% lead, and 77.8 g/t silver over 1.67 m including 46.50% zinc, 11.54% lead, and 117.3 g/t silver over 0.9 m (Cross Section 1). Below the laminated mineralization the hole intersected a sequence of massive sulphide, semi-massive sulphide and vein-hosted mineralization grading 7.46% zinc, 0.47% lead, and 32.9...