- Fireweed Zinc (FWZ) announced that its field crews have mobilized for a major drill program at the company’s Macmillan Pass Property
- The $10-million program will utilized four drill rigs for diamond drilling
- The Macmillan Pass Zinc-Lead-Silver Project covers 940 square kilometres in Yukon
- The Vancouver-based mineral explorer owns a 100-percent-interest in the land
- Fireweed Zinc is unchanged, trading at $0.67 at 12:41 pm ET
Fireweed Zinc (FWZ) has announced that its field crews have mobilized for a major drill program at the company’s Macmillan Pass Property.
The Macmillan Pass Zinc-Lead-Silver Project covers 940 square kilometres in Yukon.
The Vancouver-based mineral explorer owns a 100-percent-interest in the land, which hosts two zinc-lead-silver deposits with current Mineral Resources and a PEA economic study.
The $10-million program will utilized four drill rigs for diamond drilling and will include core scanning, and a muon tomography survey once seasonal access roads are open.
This will be the company’s largest drill program to date with 8,000 metres of diamond drilling planned.
All drill core will be scanned using advanced hyperspectral scanning technology.
Two-thirds of the drill holes will be step-out and infill at the Boundary Zone and Boundary West zone with the remaining metres split between the Tom and Jason deposits, targeting high-grade step-out and infill holes.
“We are very excited to start our 2022 season. It will be the largest and most ambitious program ever carried out by Fireweed at the Macmillan Pass Project. We are also excited to use innovative new technologies, such as muon tomography and hyperspectral imaging to guide exploration. The main objectives of the 2022 field program will be to define and expand the known mineralized zones toward an updated mineral resource study this winter followed by an updated preliminary economic study,” said Vice President Exploration Gilles Dessureau.
Fireweed Zinc is unchanged, trading at $0.67 at 12:41 pm ET.