Fireweed Metals (TSX-V:FWZ) reported results from the 2023 drilling campaign at its Tom and Jason deposits, Macmillan Pass Project, Yukon, Canada.
The company highlighted 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. It also noted 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.
“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," reported CEO Brandon Macdonald.
The company was up 1% to $1.05 a share.
