FIREWEED METALS CORP. (“Fireweed” or the “Company”) (TSXV: FWZ;
OTCQB: FWEDF) is pleased to report additional assay results from
its 2023 exploration at the Macmillan Pass Project, Yukon, and
provide an update from its largest ever drill program.
CEO Statement
Brandon Macdonald, CEO, stated, “In our largest
field season ever, we continue to hit spectacular grade and widths
of mineralization at Boundary Zone. The results from NB23-007
include two intersections which continue to demonstrate the
world-class potential of mineralization at Boundary Zone. These
results show continuity with, and even eclipse NB22-002, formerly
Fireweed’s best-ever drillhole, in terms of grade and length of
mineralization.”
Results from the Boundary Feeder Zone Target
Following up on drilling from 2022 and the
initial results of the 2023 program which targeted a gap in the
drilling between two of Fireweed’s best-ever drillholes at Boundary
Zone, NB22-002 and NB22-023 (see Fireweed news releases dated June
22, 2023, November 22, 2022, and March 2, 2023), Fireweed has
continued to test the high-grade feeder zone target that is
interpreted to occur as at least one stratiform layer within a
sediment hosted massive sulphide system. Both the initial results
from 2023 as well as those from 2022 intersected very wide,
high-grade zones and demonstrate continuity of the mineralized
system.
Table 1: Assay result highlights for
holes of the 2023 drilling program, Boundary Zone.
Drillhole |
Interval |
From(m) |
To (m) |
IntervalWidth (m) |
Est. TrueWidth (m) |
Zinc(%) |
Lead(%) |
Silver(g/t) |
Bulk
Density(t/m3) |
NB23-004 |
Primary |
267.92 |
301.35 |
33.43 |
22 |
8.0 |
2.0 |
59.2 |
3.57 |
NB23-004 |
Including |
267.92 |
281.8 |
13.88 |
9.1 |
12.6 |
3.7 |
99.4 |
4.29 |
NB23-004 |
>including |
268.8 |
277.06 |
8.26 |
5.4 |
14.9 |
4.5 |
124.8 |
4.47 |
NB23-005 |
Primary |
139.75 |
165 |
25.25 |
22 |
6.4 |
0.7 |
31.9 |
3.24 |
NB23-005 |
>including |
150.5 |
160 |
9.5 |
8.3 |
12.2 |
1.3 |
66.9 |
3.65 |
NB23-006 |
Primary |
102.2 |
140.9 |
38.7 |
N/A |
5.6 |
0.0 |
6.7 |
2.83 |
NB23-006 |
>including* |
121.36 |
123.46 |
2.1 |
N/A |
30.7 |
0.1 |
38.8 |
3.62 |
NB23-007 |
Primary |
170.7 |
253.2 |
82.5 |
15 |
11.9 |
2.2 |
81.2 |
3.15 |
NB23-007 |
>including |
180.89 |
207.92 |
27.03 |
4.9 |
26.7 |
4.2 |
165.2 |
3.49 |
NB23-007 |
Primary |
308.9 |
426.9 |
118 |
40 |
15.1 |
2.8 |
85.8 |
4.04 |
NB23-007 |
>including |
313.7 |
325.03 |
11.33 |
3.8 |
15.0 |
3.7 |
96.1 |
4.21 |
NB23-007 |
>including |
332.3 |
409.37 |
77.07 |
26 |
18.7 |
3.5 |
101.4 |
4.00 |
NB23-008 |
Primary |
242.2 |
286.9 |
44.7 |
N/A |
6.5 |
0.2 |
9.6 |
3.48 |
NB23-008 |
>including |
252 |
268.3 |
16.3 |
N/A |
10.3 |
0.2 |
11.3 |
3.64 |
NB23-008 |
Primary |
323.7 |
359.1 |
35.4 |
N/A |
5.2 |
0.1 |
8.8 |
3.49 |
NB23-008 |
>including |
327.5 |
339 |
11.5 |
N/A |
10.7 |
0.2 |
13.5 |
3.75 |
* Denotes intervals with core recovery of less
than 85%
Fireweed has successfully intersected
pyrite-sphalerite-galena as stratiform massive sulphides, laminated
mineralization, replacement mineralization, veins, and breccias in
the 2023 step-outs. Zinc mineralization has been intersected in
every step-out hole that has been completed to depth at both
Boundary Zone and the Tom deposit. Assays have been received for
the first eight holes, with holes NB23-004, NB23-005, NB23-006,
NB23-007, and NB23-008 reported in this news release (Tables 1 and
2, with two minor intervals with assays pending at the end of holes
NB23-006 and NB23-008) along with brief logging summaries for an
additional 34 holes that have tested targets at Tom and Boundary
Zone (Table 3).
-
Hole NB23-007 intersected a lower interval of 118
m grading 15.1% zinc, 2.8% lead, and 85.8 g/t silver that
demonstrates continuity of grade with the exceptional results from
NB22-002, as well as an upper interval comprising 82.5 m of
massive sulphide grading 11.9% zinc, 2.2% lead, and 81.2 g/t
silver. The upper and lower stratiform massive sulphide zones were
intersected at a low angle to bedding and have estimated true
widths of approximately 15 m and 40 m, respectively.
-
Hole NB23-004 intersected two intervals of
sphalerite and galena mineralization, with a 33.43 m intersection
(22 m true width) correlated with the stratiform layer of
mineralization grading 8.0% zinc, 2.0% lead, and 59.2 g/t silver
and a 20.49 m intercept of vein and replacement style sulphides
grading 4.9% zinc.
-
Hole NB23-006 intersected two zones, a 32.65 m (16
m true width) intercept of laminated sulphides grading 4.4% zinc
and 12.4 g/t silver, and a 38.7 m interval of vein and
replacement mineralization grading 5.6% zinc and 6.7 g/t
silver.
-
Hole NB23-005 intersected a 25.25 m (22 m true
width) interval of semi-massive, laminated and stratiform sulphide
containing 6.4% zinc, 0.7% lead, and 31.9 g/t silver including
9.5 m (8.3 m true width) of 12.2% zinc, 1.3% lead, and 66.9
g/t silver.
-
Hole NB23-008 intersected a 44.7 m interval of
volcanic hosted semi-massive sulphide containing 6.5% zinc and 9.6
g/t silver, including 16.3 m of 10.3% zinc, and 11.3 g/t silver.
This hole contained another interval of 35.4 m of
vein-mineralization grading 5.2% zinc, and 8.8 g/t silver,
including 11.5 m of 10.7% zinc, and 13.5 g/t silver (see Photo
1).
See Tables 1, 2 and 3, Long Section M-M’, Cross
Section K–K’, Cross Section L–L’ and Maps 2 and 3 below for further
details.
Step-out drilling at Boundary Zone targeting the
massive–stratiform zone has resulted in many wide intersections of
zinc-lead mineralization with assays pending. The most significant
intersections can be seen on Long Section M-M’ and are listed
here:
-
NB23-011 intersected 45 m of massive, semi-massive and brecciated
sulphide.
-
NB23-012 intersected 48 m of massive to laminated sulphide.
-
NB23-013 intersected 25 m of massive sulphide.
-
NB23-016 intersected 70 m of feeder proximal massive sulphide.
-
NB23-019 intersected 60 m of massive sulphide.
-
NB23-022 intersected 55 m of massive sulphide.
-
NB23-028 intersected 140 m of feeder-proximal laminated to massive
sulphides.
Thirty-one holes have been drilled at Boundary
Zone so far in 2023 and have tested the laminated stratiform
mineralization and massive sulphide zones. The geometry and
stratigraphic sequence intersected in these holes continue to
support the idea that the laminated and massive sulphide
mineralization are part of the same geological layer at Boundary
Zone, forming an approximately tabular stratiform zone. Step out
drilling down-dip intersected abundant galena, supporting the
presence of the conceptual feeder zone. While this remains a
preliminary interpretation of the available geological data, deep
testing provided by NB23-007 supports this model, extending the
depth of mineralization in the massive stratiform layer from
surface to at least 400 m, with the zone becoming higher grade and
wider, where it remains open at depth.
Extensive vein, breccia, and replacement
mineralization at Boundary Main occurs both above and below the
main stratiform laminated massive sulphide zone. Many wide
intervals of vein, breccia and replacement style sphalerite
mineralization have been encountered in 2023 step-out holes and
several infill holes (Table 3).
2023 Drill Program Drilling Update
The 2023 program remains in full swing with five
diamond drill-rigs, targeting ~22,000 m of drilling mostly focused
on Boundary, Tom, and Jason zones (Map 1) with >14,500 m
completed thus far. The drill program will focus on step-out
targets at Boundary Zone, Jason, and Tom, as well as test several
exploration targets away from the known zones.
Drill penetration rates in the first 29 holes
was between 17–50% faster than historical performance. The higher
than forecast performance of the drilling has allowed the bulk of
the original planned drilling to be completed earlier than planned
providing an opportunity to test additional targets.
About Fireweed Metals Corp. (TSXV: FWZ;
OTCQB: FWEDF; FSE:20F): Fireweed Metals is a public
mineral exploration company on the leading edge of Critical
Minerals project development. Fireweed is well-funded, with a
healthy working capital position, and is well-positioned to carry
out a large 2023 exploration program. The Company has three
projects located in Canada:
-
Macmillan Pass Project
(Zinc-Lead-Silver): Fireweed owns 100% of
the district-scale 940 km2 Macmillan Pass Project in Yukon, Canada,
which is host to one of the largest undeveloped zinc resources in
the world* where the Tom and Jason zinc-lead-silver deposits have
current Mineral Resources1 (11.21 Mt Indicated Resource at 6.59%
zinc, 2.48% lead, and 21.33 g/t silver; and 39.47 Mt Inferred
Resource at 5.84% zinc, 3.14% lead, and 38.15 g/t silver) and a
Preliminary Economic Assessment2 (PEA). In addition, Boundary Zone,
Tom North and End Zone have significant zinc-lead-silver
mineralization drilled but not yet classified as mineral resources.
The Project also includes large blocks of adjacent claims with
known showings and significant upside exploration potential.
-
Mactung Project (Tungsten): The
Company owns 100% interest in the 37.6 km2 Mactung Project located
adjacent to the Macmillan Pass Project. Recently announced mineral
resources for Mactung (41.5 Mt Indicated Resource at 0.73% WO3 and
12.2 Mt Inferred Resource at 0.59% WO3)3 make it the world’s
largest high-grade resource of the Critical Mineral tungsten*.
Located in Canada, it is one of the rare large tungsten resources
outside of China*.
-
Gayna River Project
(Zinc-Lead-Gallium-Germanium): Fireweed
owns 100% of the 128.75 km2 Gayna River Project located 180 km
north of the Macmillan Pass Project. It is host to extensive
mineralization including Critical Minerals zinc, gallium and
germanium as well as lead and silver, outlined by 28,000 m of
historical drilling and significant upside potential.
Qualified Person Statement
Technical information in this news release has
been approved by Fireweed’s VP Geology, Dr. Jack Milton, P.Geo.
(BC), a ‘Qualified Person’ as defined under Canadian National
Instrument 43-101.
In Canada, Fireweed (TSXV: FWZ) trades on the
TSX Venture Exchange. In the USA, Fireweed (OTCQB: FWEDF) trades on
the OTCQB Venture Market (www.otcmarkets.com) and is DTC eligible
for enhanced electronic clearing and settlement. In Europe,
Fireweed (FSE: 20F) trades on the Frankfurt Stock Exchange.
Additional information about Fireweed and its
projects can be found on the Company’s website
at FireweedMetals.com and at www.sedarplus.com
ON BEHALF OF FIREWEED METALS
CORP.
“Brandon Macdonald”
CEO & Director
Contact: Brandon MacdonaldPhone: (604)
646-8361Email: info@fireweedmetals.com
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.
Data Verification
The diamond drill core logging and sampling
program was carried out under a rigorous quality assurance /
quality control program using industry best practices. Drill
intersections in this release are NQ2 size core (50.5 mm/ 1.99-inch
diameter) with recoveries typically above 85% unless otherwise
noted in the results tables. After drilling, core was cleaned,
logged for geology, structure, and geotechnical characteristics,
then marked for sampling and photographed on site. Certain cores
were selected for core scanning. The cores for analyses were marked
for sampling based on geological intervals with individual samples
2 m or less in length, with 1 m samples within mineralized zones.
Drill core was cut lengthwise in half with a core saw; half-core
was sent for assays reported in this news release, and the other
half is stored on site for reference. Bulk density was determined
on site for the entire length of each sample assayed by measurement
of mass in air and mass in water. Sample duplicate bulk density
determinations and in-house bulk density standard determinations
were each made at a rate of 5%. Since 2017, four in-house bulk
density standards (mineralized drill core from the Tom deposit that
span a range of densities) have been used and show an acceptable
long-term precision. Certified standard masses are used to
calibrate the scale balance used for bulk density
determinations.
A total of 5% assay standards or blanks and 5%
core duplicates are included in the sample stream as a quality
control measure and are reviewed after analyses are received.
Standards and blanks in 2023 drill results to date have been
approved as acceptable. Duplicate data add to the long-term
estimates of precision for assay data on the project and precision
for drill results reported is deemed to be within acceptable
levels. Samples were sent to the Bureau Veritas preparation
laboratory in Whitehorse, Yukon, where the samples were crushed and
a 500 g split was sent to the Bureau Veritas laboratory in
Vancouver, B.C to be pulverized to 85% passing 200 mesh size pulps.
Clean crush material was passed through the crusher and clean
silica was pulverized between each sample. The pulps were analyzed
by 1:1:1 Aqua Regia digestion followed by Inductively Coupled
Plasma Mass Spectrometry (ICP-ES/ICP-MS) multi-element analyses (BV
Code AQ270). All samples were also analyzed for multiple elements
by lithium borate fusion and X-ray fluorescence analysis (XRF)
finish (BV Code LF725). Over-limit lead (>25.0%) and zinc
(>24.0%) were analyzed by lithium borate fusion with XRF finish
(BV Code LF726). Silver is reported in this news release by method
AQ270, and zinc and lead are reported by LF725 or LF726. Bureau
Veritas (Vancouver) is an independent, international ISO/IEC
17025:2005 accredited laboratory. Assay values are rounded to one
decimal place other than in Table 2 and Cross Sections where zinc
and lead grades are reported to two decimal places.
Results in this news release are length and
bulk-density weighted averages as would be used in a Mineral
Resource estimate. Length and bulk-density weighted averages have
been reported as these most accurately represent the average
metal-content of the intersections.
True widths for primary intervals are estimated
by measuring perpendicular to strike within the short axis of a
stratiform wireframe that has been constructed in 3D around the
mineralized intercepts at Boundary Zone based on assay results,
geological logging, stratigraphic correlation, and bedding
measurements from oriented core. The massive sulphide
mineralization and laminated mineralization at Boundary Zone are
mostly stratiform (oriented parallel to bedding), therefore the
true width, or thickness, of the zone is estimated perpendicular to
both the strike and dip direction of bedding. Vein and breccia
mineralization at Boundary Zone are interpreted to be stockworks
and true widths are estimated to be approximately equal to
intersected widths and marked as N/A in the assay tables. True
widths are rounded to the nearest metre for widths over 10 m and to
the nearest 0.1 m for widths less than 10 m, as this better
reflects the precision of the estimates. True widths should be
regarded as approximate as these are derived from an estimation
that uses a preliminary interpretation of the geological model.
True widths for nested intervals (marked as “Including” in results
tables) are estimated using a ratio of included to primary
intersected widths to attribute appropriate portions of the true
width of the primary interval to the nested intervals.
Sphalerite and galena have been identified
visually by experienced core logging geologists, and licenced
professional geoscientists, confirmed by portable XRF (X-Ray
fluorescence). No absolute visual estimates of mineral abundances
or inferences of potential zinc or lead grades have been stated for
holes without assay values in this news release.
Cautionary Statements
Forward Looking Statements
This news release contains “forward-looking”
statements and information (“forward-looking statements”). All
statements, other than statements of historical facts, included
herein, including, without limitation, statements relating to
interpretation of drill results and projections of mineralization,
future work plans, the use of funds, and the potential of the
Company’s projects, are forward looking statements. Forward-looking
statements are frequently, but not always, identified by words such
as "expects”, "anticipates”, "believes”, "intends”, "estimates”,
"potential”, "possible”, and similar expressions, or statements
that events, conditions, or results "will”, "may”, "could”, or
"should” occur or be achieved. Forward-looking statements are based
on the beliefs of Company management, as well as assumptions made
by and information currently available to Company management and
reflect the beliefs, opinions, and projections on the date the
statements are made. Forward-looking statements involve various
risks and uncertainties and accordingly, readers are advised not to
place undue reliance on forward-looking statements. There can be no
assurance that such statements will prove to be accurate, and
actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause
actual results to differ materially from the Company's expectations
include but are not limited to, exploration and development risks,
unanticipated reclamation expenses, 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 oversight,
permitting, seasonality and weather, technological change, industry
practices, uncertainties involved in the interpretation of drilling
results and laboratory tests, and one-time events. The Company
assumes no obligation to update forward‐looking statements or
beliefs, opinions, projections or other factors, except as required
by law.
Footnotes and References
* References to relative size and grade of the
Mactung resources and Macmillan Pass resources in comparison to
other tungsten and zinc deposits elsewhere in the world,
respectively, are based on review of the Standard & Poor’s
Global Market Intelligence Capital IQ database.
1: For details and QP statements, see
https://www.sedarplus.ca/ Fireweed Technical Report titled “NI
43-101 Technical Report on the Macmillan Pass Zinc-Lead-Silver
Project, Watson Lake and Mayo Mining Districts Yukon Territory,
Canada” filed on https://www.sedarplus.ca/ on February 23, 2018,
and Fireweed News Release dated January 10, 2018. .
2: For details and QP statements, see
https://www.sedarplus.ca/ Fireweed Technical Report titled “NI
43-101 Technical Report Macmillan Pass Project Yukon Territory
Canada” filed on https://www.sedarplus.ca/ on July 9, 2018, and
Fireweed News Release dated May 23, 2018. This Technical Report
includes a Preliminary Economic Analysis disclosing an economic
analysis of mineral resources that is preliminary in nature and
does not include any mineral reserves. It is equally emphasized
that the mineral resources disclosed within this Technical Report
are not mineral reserves and do not have demonstrated economic
viability.
3: For details and QP statements, see Fireweed
news release dated June 13, 2023 “Fireweed Metals Announces Mineral
Resources for the Mactung Project: the Largest High-Grade Tungsten
Deposit in the World” and the technical report entitled “NI 43-101
Technical Report, Mactung Project, Yukon Territory, Canada,” with
effective date July 28, 2023 filed on
https://www.sedarplus.ca/
Map 1: Macmillan Pass Project
and Mactung Project locations.
Map 2: Location of 2023 Boundary
Zone drillholes, cross sections K–K’, L–L’ and long section M–M’
see below for cross sections.
Map 3: Mineralized intervals in
2023 drilling and pre-2023 drilling defining a stratiform laminated
to massive sulphide zone that is connected at depth (pink polygon)
and a broader envelope of vein, breccia, and other stratiform zinc
mineralization, showing significant areal extent (within green
dashed line).
Long Section M–M’ – Selected
intersections within the laminated to massive sulphide stratiform
zone of pyrite-sphalerite-galena mineralization at Boundary Zone
including long intervals of zinc mineralization at depth with
assays pending.
Cross Section K-K’ – Analytical
results for holes NB23-004, NB23-006, and NB23-008.
Cross Section L-L’ – Assay
results from NB23-007 and NB23-005 displaying high grades and
continuity with NB22-002. Visually logged mineralization from
NB23-011 is also displayed.
Photo 1: High resolution core scanning
image of sphalerite-pyrite-siderite veins and semi-massive sulphide
mineralization in NB23-008 (327.5 m to 337.2 m).
Table 2: NB23-004, NB23-005, NB23-006,
NB23-007, and NB23-008 Drill Results.
Drillhole |
Interval |
From(m) |
To(m) |
IntervalWidth (m) |
Est. TrueWidth (m)‡ |
Zinc(%) |
Lead(%) |
Silver(g/t) |
Bulk
Density(t/m3) |
NB23-004 |
Entire Hole† |
0 |
432 |
432 |
N/A |
1.61 |
0.22 |
9.9 |
3.02 |
NB23-004 |
Primary |
75.94 |
96.43 |
20.49 |
N/A |
4.88 |
0.01 |
5.5 |
2.76 |
NB23-004 |
Including |
77.44 |
86.14 |
8.7 |
N/A |
7.08 |
0.01 |
7.4 |
2.76 |
NB23-004 |
Primary |
131.5 |
142 |
10.5 |
N/A |
3.43 |
0.01 |
3.9 |
2.74 |
NB23-004 |
Primary |
267.92 |
301.35 |
33.43 |
22 |
8.00 |
2.01 |
59.2 |
3.57 |
NB23-004 |
Including |
267.92 |
281.8 |
13.88 |
9.1 |
12.56 |
3.73 |
99.4 |
4.29 |
NB23-004 |
>including |
268.8 |
277.06 |
8.26 |
5.4 |
14.91 |
4.45 |
124.8 |
4.47 |
NB23-004 |
Primary* |
331.3 |
344.22 |
12.92 |
N/A |
3.55 |
0.07 |
12.8 |
3.15 |
NB23-004 |
Primary |
363.15 |
369.15 |
6 |
N/A |
1.97 |
0.14 |
18.4 |
3.62 |
NB23-004 |
Primary |
383.4 |
393.79 |
10.39 |
N/A |
4.16 |
0.18 |
24.4 |
3.79 |
NB23-004 |
Including |
384.31 |
392.86 |
8.55 |
N/A |
4.77 |
0.18 |
24.6 |
3.75 |
NB23-005 |
Entire Hole† |
0 |
234 |
234 |
N/A |
0.92 |
0.10 |
5.6 |
2.94 |
NB23-005 |
Primary |
139.75 |
165 |
25.25 |
22 |
6.37 |
0.67 |
31.9 |
3.24 |
NB23-005 |
Including |
150.5 |
160 |
9.5 |
8.3 |
12.21 |
1.31 |
66.9 |
3.65 |
NB23-005 |
>including |
150.5 |
155.82 |
5.32 |
4.6 |
16.45 |
1.86 |
94.2 |
3.93 |
NB23-006 |
Entire Hole† |
0 |
373 |
373 |
N/A |
1.21 |
0.05 |
3.6 |
2.95 |
NB23-006 |
Primary |
102.2 |
140.9 |
38.7 |
N/A |
5.63 |
0.02 |
6.7 |
2.83 |
NB23-006 |
Including |
121.36 |
140.9 |
19.54 |
N/A |
9.00 |
0.04 |
10.1 |
2.91 |
NB23-006 |
Including* |
121.36 |
123.46 |
2.1 |
N/A |
30.65 |
0.06 |
38.8 |
3.62 |
NB23-006 |
Primary |
204.15 |
236.8 |
32.65 |
16 |
4.36 |
0.14 |
12.4 |
3.04 |
NB23-006 |
Including |
212.15 |
236.8 |
24.65 |
12 |
5.08 |
0.09 |
11.1 |
3.01 |
NB23-006 |
Pending |
326.80 |
373.00 |
46.20 |
Assays pending for this interval. |
NB23-007 |
Entire Hole† |
0 |
461 |
461 |
N/A |
7.47 |
1.32 |
44.5 |
3.19 |
NB23-007 |
Primary |
58.04 |
94.7 |
36.66 |
N/A |
5.33 |
0.03 |
11.7 |
2.95 |
NB23-007 |
Including |
58.04 |
87.2 |
29.16 |
N/A |
6.07 |
0.03 |
13.7 |
3.00 |
NB23-007 |
Primary |
170.7 |
253.2 |
82.5 |
15 |
11.89 |
2.21 |
81.2 |
3.11 |
NB23-007 |
Including |
171.73 |
173 |
1.27 |
0.2 |
13.25 |
18.82 |
386.9 |
4.02 |
NB23-007 |
Including |
180.89 |
210.05 |
29.16 |
5.3 |
25.39 |
3.86 |
155.5 |
3.51 |
NB23-007 |
>Including |
180.89 |
207.92 |
27.03 |
4.9 |
26.69 |
4.19 |
165.2 |
3.49 |
NB23-007 |
>>Including |
187.2 |
206.71 |
19.51 |
3.5 |
28.82 |
4.75 |
180.4 |
3.57 |
NB23-007 |
Including |
239.77 |
242.37 |
2.6 |
0.5 |
20.83 |
0.90 |
61.9 |
3.86 |
NB23-007 |
Primary |
308.9 |
426.9 |
118 |
40 |
15.05 |
2.81 |
85.8 |
4.04 |
NB23-007 |
Including |
309.9 |
415.82 |
105.92 |
36 |
16.40 |
3.06 |
91.7 |
4.06 |
NB23-007 |
>Including |
313.7 |
325.03 |
11.33 |
3.8 |
15.04 |
3.72 |
96.1 |
4.21 |
NB23-007 |
>Including |
332.3 |
409.37 |
77.07 |
26 |
18.71 |
3.45 |
101.4 |
4.00 |
NB23-008 |
Entire Hole† |
0 |
385 |
385 |
N/A |
1.79 |
0.07 |
4.8 |
3.09 |
NB23-008 |
Primary |
88 |
110.2 |
22.2 |
N/A |
2.93 |
0.01 |
3.3 |
2.79 |
NB23-008 |
Primary |
242.2 |
286.9 |
44.7 |
N/A |
6.53 |
0.18 |
9.6 |
3.48 |
NB23-008 |
Including |
249.1 |
279.5 |
30.4 |
N/A |
8.25 |
0.23 |
11.6 |
3.56 |
NB23-008 |
>Including |
252 |
268.3 |
16.3 |
N/A |
10.31 |
0.16 |
11.3 |
3.64 |
NB23-008 |
Primary |
323.7 |
359.1 |
35.4 |
N/A |
5.21 |
0.12 |
8.8 |
3.49 |
NB23-008 |
Including |
323.7 |
340 |
16.3 |
N/A |
8.80 |
0.15 |
11.8 |
3.68 |
NB23-008 |
>Including |
327.5 |
339 |
11.5 |
N/A |
10.71 |
0.17 |
13.5 |
3.75 |
NB23-008 |
Pending |
365.0 |
385.0 |
20.0 |
Assays pending for this interval. |
* Denotes intervals with recovery of less than
85%
† Entire hole intervals contain large continuous
sections of very low grade or not mineralized material (below 2%
zinc)—intersections of continuous higher-grade material (>2%
zinc) are listed as Primary and Included intervals and represent
mineralized material.
‡ See “Data Verification” for a description of
true width calculations
Table 3: 2023 Drilling
Summary.
Drillhole |
Length (m) |
Zone |
Significant Intersection |
Type |
NB23-001 |
460 |
Boundary |
Results disclosed Jul 26 |
Step Out |
NB23-002 |
351 |
Boundary |
Results disclosed Jul 26 |
Step Out |
NB23-003 |
418 |
Boundary |
Results disclosed Jul 26 |
Step Out |
NB23-004 |
432 |
Boundary |
Results disclosed in this release |
Step Out |
NB23-005 |
234 |
Boundary |
Results disclosed in this release |
Step Out |
NB23-006 |
373 |
Boundary |
Results disclosed in this release |
Step Out |
NB23-007 |
461 |
Boundary |
Results disclosed in this release |
Step Out |
NB23-008 |
385 |
Boundary |
Wide Zone Encountered |
Step Out |
NB23-009 |
67 |
Boundary |
Abandoned Due to Drilling Conditions |
Step Out |
NB23-010 |
96 |
Boundary |
Narrow Zone Encountered |
Step Out |
NB23-011 |
289 |
Boundary |
Wide Zone Encountered |
Step Out |
NB23-012 |
452 |
Boundary |
Wide Zone Encountered |
Step Out |
NB23-013 |
551 |
Boundary |
Moderate Zone Encountered |
Step Out |
NB23-014 |
223.3 |
Boundary |
Moderate Zone Encountered |
Step Out |
NB23-015 |
339 |
Boundary |
Moderate Zone Encountered |
Step Out |
NB23-016 |
460.92 |
Boundary |
Wide Zone Encountered |
Step Out |
NB23-017 |
96 |
Boundary |
Narrow Zone Encountered |
Step Out |
NB23-018 |
195 |
Boundary |
Moderate Zone Encountered |
Step Out |
NB23-019 |
560.5 |
Boundary |
Wide Zone Encountered |
Step Out |
NB23-020 |
414 |
Boundary |
Wide Zone Encountered |
Infill & Step-out |
NB23-021 |
442 |
Boundary |
Wide Zone Encountered |
Infill |
NB23-022 |
386 |
Boundary |
Wide Zone Encountered |
Step Out |
NB23-022D1 |
448 |
Boundary |
Narrow Zone Encountered |
Step Out |
NB23-023 |
181 |
Boundary |
Moderate Zone Encountered |
Step Out |
NB23-024 |
402 |
Boundary |
Wide Zone Encountered |
Infill & Step-out |
NB23-025 |
580.5 |
Boundary |
Moderate Zone Encountered |
Step Out |
NB23-026 |
111 |
Boundary |
Narrow Zone Encountered |
Step Out |
NB23-027 |
396 |
Boundary |
Wide Zone Encountered |
Infill |
NB23-028 |
206* |
Boundary |
Wide Zone Encountered--In Progress |
Step Out |
NB23-029 |
33* |
Boundary |
In Progress |
Step Out |
NB23-030 |
casing |
Boundary |
In Progress |
Step Out |
NB23-031 |
casing |
Boundary |
In Progress |
Step Out |
TS23-001 |
143 |
Tom North |
Minor mineralization encountered |
Step Out |
TS23-002 |
182 |
Tom North |
Minor mineralization encountered |
Step Out |
TS23-003 |
299 |
Tom West |
Wide Zone Encountered |
Step Out |
TS23-004 |
369.33 |
Tom West |
Moderate Zone Encountered |
Step Out |
TS23-005 |
407 |
Tom West |
Moderate Zone Encountered |
Step Out |
TS23-006 |
137 |
Tom West |
Moderate Zone Encountered |
Step Out |
TS23-007 |
215 |
Tom West |
Moderate Zone Encountered |
Step Out |
TS23-008 |
89* |
Tom West |
In Progress |
Step Out |
BX23-001 |
219 |
Boundary Expl. |
No significant mineralization |
Exploration |
BX23-002 |
144 |
Boundary Expl. |
No significant mineralization |
Exploration |
* denotes holes in progress
Table 4: Drill Hole Collar
Information
Drillhole |
Zone |
Length (m) |
Easting |
Northing |
Elevation (m.s.l) |
Azimuth (°) |
Dip (°) |
NB23-001 |
Boundary |
460 |
422297.1 |
7010471 |
1185.86 |
211.99 |
-76.42 |
NB23-002 |
Boundary |
351 |
422235 |
7010525 |
1194.57 |
214.06 |
-70.22 |
NB23-003 |
Boundary |
418 |
422235 |
7010525 |
1194.57 |
213.4 |
-78 |
NB23-004 |
Boundary |
432 |
422171 |
7010556 |
1203 |
213.91 |
-78.08 |
NB23-005 |
Boundary |
234 |
422058.4 |
7010589 |
1207.95 |
199.63 |
-49.74 |
NB23-006 |
Boundary |
373 |
422171 |
7010556 |
1203 |
215.44 |
-70.02 |
NB23-007 |
Boundary |
461 |
422058.4 |
7010589 |
1207.95 |
206.37 |
-86.43 |
NB23-008 |
Boundary |
385 |
422171 |
7010556 |
1203 |
215.83 |
-60.07 |
NB23-009 |
Boundary |
67 |
422058.4 |
7010589 |
1208.67 |
198.54 |
-75.41 |
NB23-010 |
Boundary |
96 |
422240.8 |
7010385 |
1150.41 |
212.28 |
-45 |
NB23-011 |
Boundary |
289 |
422058.4 |
7010589 |
1208.67 |
201.59 |
-75.4 |
NB23-012 |
Boundary |
452 |
422289 |
7010534 |
1200.90 |
211.75 |
-69.9 |
NB23-013 |
Boundary |
551 |
422071.9 |
7010666 |
1233.59 |
214.94 |
-77.68 |
NB23-014 |
Boundary |
223.3 |
422240.9 |
7010384 |
1150.86 |
213.68 |
-70.83 |
NB23-015 |
Boundary |
339 |
422240.8 |
7010385 |
1150.41 |
213.36 |
-84 |
NB23-016 |
Boundary |
460.92 |
422274 |
7010600 |
1216. 70 |
209.88 |
-72.96 |
NB23-017 |
Boundary |
96 |
422279.4 |
7010359 |
1142.67 |
191.27 |
-46.9 |
NB23-018 |
Boundary |
195 |
422279.4 |
7010359 |
1142.67 |
190.21 |
-65.21 |
NB23-019 |
Boundary |
560.5 |
422289 |
7010534 |
1200.90 |
209.95 |
-81.31 |
NB23-020 |
Boundary |
414 |
422464.6 |
7010510 |
1191.44 |
204.85 |
-63.35 |
NB23-021 |
Boundary |
442 |
422391.3 |
7010500 |
1190.07 |
201.97 |
-77.01 |
NB23-022 |
Boundary |
386 |
421947.8 |
7010672 |
1232.44 |
178.85 |
-74.18 |
NB23-022D1 |
Boundary |
448 |
421947.8 |
7010672 |
1232.44 |
177.78 |
-74 |
NB23-023 |
Boundary |
181 |
422448.8 |
7010351 |
1145.42 |
211.82 |
-49.18 |
NB23-024 |
Boundary |
405 |
422347.6 |
7010550 |
1203.82 |
199.65 |
-50.18 |
NB23-025 |
Boundary |
581.5 |
422342.5 |
7010620 |
1219.03 |
196.94 |
-74.05 |
NB23-026 |
Boundary |
111 |
422448.8 |
7010351 |
1145.42 |
210.02 |
-65.44 |
NB23-027 |
Boundary |
451 |
422347.6 |
7010550 |
1203.82 |
197.18 |
-72.46 |
NB23-028 |
Boundary |
467 |
422221.9 |
7010587 |
1209.75 |
211.38 |
-65.44 |
NB23-029* |
Boundary |
257.5 |
422123.8 |
7010731 |
1250.31 |
196.21 |
-75.67 |
NB23-030* |
Boundary |
263.5 |
422535.2 |
7010614 |
1214.65 |
211.44 |
-62.01 |
NB23-032* |
Boundary |
- |
422170.1 |
7010634 |
1223.90 |
213.33 |
-73.03 |
TS23-001 |
Tom North |
143 |
441760.6 |
7004226 |
1492.16 |
75.08 |
-49.66 |
TS23-002 |
Tom North |
182 |
441760.6 |
7004226 |
1492.16 |
74.97 |
-80.38 |
TS23-003 |
Tom West |
299 |
441676.3 |
7004024 |
1445.00 |
74.17 |
-68.51 |
TS23-004 |
Tom West |
369.33 |
441694.3 |
7003884 |
1463.34 |
67.38 |
-71.48 |
TS23-005 |
Tom West |
407 |
441760.7 |
7003770 |
1510 |
63.25 |
-75.35 |
TS23-006 |
Tom West |
137 |
441779 |
7004076 |
1485.36 |
65.15 |
-50.08 |
TS23-007 |
Tom West |
215 |
441779 |
7004076 |
1485.36 |
65.23 |
-78.04 |
TS23-008 |
Tom West |
428 |
441816.3 |
7003717 |
1538 |
89.53 |
-88.95 |
BX23-001 |
Boundary Expl. |
219 |
421752 |
7010127 |
1114.7 |
35.16 |
-50.19 |
BX23-002 |
Boundary Expl. |
144 |
421637 |
7010243 |
1137.5 |
14.78 |
-49.83 |
* denotes holes in progress.
Coordinates listed in NAD83 UTM Zone 9N.
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