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Fireweed Metals Intersects 14 m True Width of 11.45% Zinc, 5.86% Lead, and 126.3 g/t Silver at the New Tom South Zone
VANCOUVER, British Columbia, Feb. 01, 2024 (GLOBE NEWSWIRE) -- FIREWEED METALS CORP. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQB: FWEDF; FSE: M0G) is please
About this update from Fireweed Metals Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Feb. 01, 2024 (GLOBE NEWSWIRE) -- FIREWEED METALS CORP. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQB: FWEDF; FSE: M0G) is pleased to report the final results from the 2023 drilling campaign at its Tom and Jason deposits, Macmillan Pass (“Macpass”) Project, Yukon, Canada. Highlights Hole TS23-009 intersected 17.95 m (est. 14 m true width) of 11.45% zinc, 5.86% lead and 126.3 g/t silver, including 6.6 m of 19.33% zinc, 8.42% lead, and 225.1 g/t silver. Hole TS23-009D2 intersected 18.78 m (est. 9.8 m true width) of 9.82% zinc, 11.65% lead, and 180.1 g/t silver, including 11.75 m of 11.93% zinc, 16.17% lead, and 260.5 g/t silver. Both TS23-009 and TS23-009D2 intersected the new Tom South zone which was not in the 2018 mineral resource. There is substantial potential in this zone beyond what was intersected this year. Drill results are now fully disclosed for the 2023 drilling campaign at Macpass. CEO Statement Brandon Macdonald, CEO, stated, “The intersection of continuous high-grade feeder style mineralization at Tom South is arguably one of the most significant discoveries at this deposit in decades and is a >100-metre step-out beyond the known Tom resource. These intercepts provide a tantalizing glimpse that Tom Southeast and Tom West may form a continuous zone of stratiform and massive sulphide mineralization connected around a fold hinge at Tom South. We are excited at the prospect of exploring this concept in 2024 and are reminded that despite generations of work, the Tom and Jason deposits may still have surprises in store for us.” Summary The mineralization from drill holes in this release primarily comprise stratiform (layer-parallel) and massive (>50% sulphides) sulphides in Tom West, Tom South and Jason South. At Tom West and Tom South this mineralization forms a continuous steeply dipping domain with sharp margins, occurring from surface to at least a depth of 750 m and across a strike length of 1,500 m. At Jason South, mineralization occurs as a series of steeply dipping stratiform lenses from 250 m below surface to a depth of at least 730 m and a strike length of 450 m. The intersections in holes TS23-009, TS23-009D1, and TS23-009D2 represent a significant 100 m step out from mineralization included in the current Tom resource and comprise high-grade massive sulphides associated w...