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Fireweed Metals Drills 12.5 m of 11.17% Zinc including 6.2 m of 15.84% Zinc at Boundary Main
VANCOUVER, British Columbia, Jan. 31, 2023 (GLOBE NEWSWIRE) -- FIREWEED METALS CORP. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQB: FWEDF, formerly Fireweed Z
About this update from Fireweed Metals Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Jan. 31, 2023 (GLOBE NEWSWIRE) -- FIREWEED METALS CORP. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQB: FWEDF, formerly Fireweed Zinc Ltd.) is pleased to announce further results from the 2022 drill program at Macmillan Pass, Yukon, Canada (Map 1). Highlights At Boundary Main step-out drillhole NB22-006 intersected 12.5 m of 11.17% zinc including 6.2 m of 15.84% zinc. A new laminated zone in hole NB22-008 returned 14.55% zinc, 1.50% lead, and 28.8 g/t silver over 2.65 m. Copper-zinc mineralization was intersected in NB22-006 over 10.5 m grading 0.45% copper and 2.32% zinc. Assay results from 24 additional drill holes at Boundary and Tom Zones are pending. CEO Statement Brandon Macdonald, CEO, stated, “Drilling continues to extend the Boundary Zones with high-grade step-out drill results, including the discovery of a new stratiform zone. The zones remain open along trend and to depth for further extension. Many additional 2022 drill results are pending and we have started planning the biggest drill program in the history of the project for 2023.” New Boundary Drillholes Results NB22-008 Laminated sphalerite-galena-barite-pyrite mineralization was intersected in NB22-008 within only 35 m from surface and occurs within the same late-Devonian stratigraphy that hosts the Tom and Jason deposits. This zone graded 8.08% zinc, 0.82% lead, and 17.8 g/t silver over 5.58 m, containing a higher grade 2.65 m interval of 14.55% zinc, 1.50% lead and 28.8 g/t silver (Table 1). This represents a new discovery of a high-grade laminated zone at Boundary Main and remains open to the north and west. Deeper in NB22-008, a broad zone of sphalerite mineralization was intersected, grading 3.32% zinc over 30.68 m (including higher grade intervals listed in Table 1), representing a ~65 m step-out down-dip from the historic Cominco hole NB91-25 (Map 2). This zone comprised replacement of matrix and some clasts by pyrite and red sphalerite in coarse clastic rocks and breccias cemented by sphalerite-pyrite with minor sphalerite-quartz veins. The textures in this step out intersection are typical of the zinc mineralization at Boundary Main. NB22-005 This hole intersected several narrow (2.84 m to 4.7 m wide) intervals of stockwork sphalerite-siderite veins grading 4.20% to 5.55% zinc (Table 1) within a sequence of coarse volcanic...