Fireweed Zinc Begins Work on Macmillan Pass Zinc Project and Launches New Website
June 27 2017 - 09:00AM
FIREWEED ZINC LTD. (“Fireweed” or the
“Company”) (TSXV:FWZ) is pleased to announce that work has begun on
the Macmillan Pass Project and the Company has launched its new
website at www.FireweedZinc.com.
Macmillan Pass Project
Work has begun on the Macmillan Pass
zinc-lead-silver project. Plans are to complete a minimum
$1.2 million exploration program on the project in 2017 with
the aim of bringing the historical resources on both the Tom and
Jason zinc-lead-silver deposits to current standards as well as
explore for new discoveries within the project area (see Fireweed
news release dated June 1, 2017 for details of the historic mineral
resources). This work will include re-sampling of some
historical drill core (now in progress), surveying of drill hole
locations and additional drilling (to begin soon) to both verify
and expand the historic resources. Following completion of an
updated NI 43-101 resource estimate, Fireweed plans to undertake a
Preliminary Economic Assessment in order to evaluate project
economics.
Surface exploration work is also planned to
delineate possible extensions to the known historic deposits as
well as explore other areas of the project for new, undiscovered,
areas of mineralization using modern exploration techniques.
New Fireweed Zinc Website
Fireweed is pleased to introduce its new website
at www.FireweedZinc.com. The new site has a user-friendly interface
and is populated with up-to-date and detailed information on
Fireweed’s Macmillan Pass Project as well as corporate and other
information designed to give visitors a better understanding of the
Company and its advanced zinc project.
The technical information in this news release
has been reviewed and approved by Brandon Macdonald, P.Geo, a
‘Qualified Person’ as defined under Canadian National Instrument
43‑101.
About Fireweed Zinc Ltd.:
Fireweed Zinc is a new public mineral exploration company focused
on zinc and managed by a veteran team of mining industry
professionals. This summer the Company will be advancing its
Macmillan Pass Zinc Project where it has an option to acquire 100%
of the Tom-Jason property in Yukon, Canada. The project is host to
the large, advanced Tom and Jason zinc-lead-silver deposits and
surrounding exploration ground with significant exploration
potential and road access.
ON BEHALF OF FIREWEED ZINC
LTD.
“Brandon Macdonald”
CEO & Director
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Forward-Looking StatementsThis
news release contains “forward-looking” statements and information
relating to the Company and the Macmillan Pass Project that are
based on the beliefs of Company management, as well as assumptions
made by and information currently available to Company management.
Such statements reflect the current risks, uncertainties and
assumptions related to certain factors including but not limited
to, without limitations, exploration and development risks,
expenditure and financing requirements, general economic
conditions, changes in financial markets, the ability to properly
and efficiently staff the Company’s operations, the sufficiency of
working capital and funding for continued operations, title
matters, First Nations relations, operating hazards, political and
economic factors, competitive factors, metal prices, relationships
with vendors and strategic partners, governmental regulations and
supervision, permitting, seasonality and weather, technological
change, industry practices, and one-time events. Additional risks
are set out in the Company’s prospectus dated May 9, 2017 and filed
under the Company’s profile on SEDAR at www.sedar.com. Should
any one or more risks or uncertainties materialize or change, or
should any underlying assumptions prove incorrect, actual results
and forward-looking statements may vary materially from those
described herein. The Company does not undertake to update
forward‐looking statements or forward‐looking information, except
as required by law.
Brandon Macdonald
604-646-8360
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