Fireweed Zinc Ltd. is pleased to announce it is rebranding and transitioning with a name change to FIREWEED METALS CORP. Fireweed will now operate as and market itself as Fireweed Metals Corp., but formal adoption of the new name will occur when regulatory approvals are received. Fireweed will continue to trade under the same symbols on stock exchanges and the number of shares outstanding will not change.
Fireweed Zinc is pleased to announce that the first field crews have been mobilized to the Macmillan Pass Property, in Yukon, Canada to prepare for a large 2022 drill program. Significant improvements are being made to the camp to support the four-rig 2022 program. Diamond drilling, core scanning, and a muon tomography survey will begin in the coming weeks after the access road opens.
Fireweed Zinc Ltd. is pleased to provide the results of its Annual and Special Meeting of Shareholders which was held on May 25, 2022, and to announce Fireweed shares are now eligible for electronic clearing and settlement with the Depository Trust Company for trading in the USA. Annual and Special Meeting. At the Annual and Special Meeting of shareholders, 25,038,453 shares were voted and the Company received majority [...]
Fireweed Zinc is pleased to announce the signing of a binding Letter of Intent (LOI) for the acquisition of 100% interest in the Mactung Tungsten Project located in Yukon, immediately adjacent to its Macmillan Pass Zinc-Lead-Silver Project. Mactung is one of the largest and highest-grade tungsten deposits in the world and one of the few potential sources of scale for this critical metal outside of China.
Fireweed Zinc Ltd. is pleased to announce closing of the second and final tranche of the non-brokered private placement first announced March 17, 2022. The second tranche consisted of 2,885,715 Common Shares at a price of CAD$0.70 per share and 100,000 flow-through common shares at a price of CAD$0.99 per share for gross proceeds of $2,119,000. In total the financing comprised two tranches totaling 8,472,159 Common Shares [...]
Fireweed Zinc is pleased to announce the acquisition of the Gayna River Zinc project located in Northwest Territories, Canada. The Gayna River project contains the Critical Metals Zinc, Gallium, and Germanium in addition to Lead and Silver. Highlights: Fireweed has acquired the Gayna River project at a very low-cost by staking 128.75 sq-km of mineral claims in NWT.28,000 m of historic drilling by Rio Tinto outlined [...]
Fireweed Zinc Ltd. is pleased to provide an update on the previously announced non-brokered private placement. The second and final tranche will consist of 2,885,715 Common Shares at a price of CAD$0.70 per share and 100,000 flow-through common shares at a price of CAD$0.99 per share for proceeds of $2,119,000. These remaining orders will be closed once filings are approved to allow a subscriber to exceed 10% ownership of [...]
Fireweed Zinc Ltd. is pleased to announce that it has closed the first tranche of the previously announced non-brokered private placement . This tranche consists of 5,586,444 Common Shares at a price of CAD$0.70 per share and 7,200,000 flow-through common shares at a price of CAD$0.99 per share for total proceeds of $11,038,511. Remaining orders will be closed once all necessary subscription agreements and filings are [...]
Fireweed Zinc Ltd. is pleased to announce that its previously announced financing has been substantially oversubscribed due to strong investor interest, and the non-brokered private placement has been increased to aggregate gross proceeds of up to $12.063 million. The Offering will now consist of up to 7,050,000 common shares of the Company at a price of CAD$0.70 per share and 7,200,000 flow-through common shares of the [...]
Fireweed Zinc Ltd. is pleased to announce a non-brokered private placement for gross proceeds of up to CAD$ $9.68 million. The private placement includes lead orders by strategic investors Teck Resources Ltd. and Ibaera Capital . Highlights Teck's participation in the Offering will increase their interest in the Company from 4.9% to approximately 9.2% Ibaera's participation in the Offering will increase their interest in [...]
Fireweed Zinc Ltd. is pleased to provide new diamond drilling results from the last two holes at Boundary West and a synopsis of its 2021 exploration results and work program on the Macmillan Pass Zinc-Lead-Silver Project in Yukon, Canada. Highlights - New Drill Results Step-out hole NB21-009 at Boundary West intersected 14.0% zinc, 0.2% lead, and 57 g/t silver over 3.05 metres within a broader stratiform zone grading [...]
Fireweed Zinc Ltd. is pleased to announce further assay results from the 2021 drilling program at the Macmillan Pass project, Yukon, Canada where an infill hole at Tom East encountered high-grade laminated mineralization. Highlights Hole TS21-001 intersected 10.41% zinc, 11.58% lead, and 149.9 g/t silver over 7.99 m within a broader interval of 6.92% zinc, 5.03% lead, and 48.7 g/t silver over 37.99 m . Tom East is the [...]