The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Fireweed Zinc Ltd. Aug. 17 reported that its first 2021 hole at Macmillan Pass cut a wide zone of strong zinc mineralization at the Boundary West discovery, including a very high-grade section reminiscent of the Tom and Jason deposits that currently host the resource at this expansive project in eastern Yukon, Canada. A road-accessible project next to the Northwest Territories border, the 940-square-kilometer (363 square miles) Macmillan Pass property covers a 55-kilometer...
Fireweed Zinc Ltd. July 27 reported wide zones of mineralization have been encountered in the first three holes drilled this year at the Boundary West discovery on the company's Macmillan Pass zinc-lead-silver project in eastern Yukon, Canada. A road-accessible project next to the Northwest Territories border, the 940-square-kilometer (363 square miles) Macmillan Pass property blankets a roughly 55-kilometer- (34 miles) trend of potential zinc-lead-silver mineralization. Two...
Fireweed Zinc Ltd. Feb. 3 reported a long intercept of strong zinc and silver mineralization in the discovery hole at Boundary West, a resource expansion target on the company's Macmillan Pass project in southeastern Yukon. A road accessible project against the Northwest Territories border, the 544-square-kilometer (210 square miles) Macmillan Pass project blankets a roughly 55-kilometer- (34 miles) trend of potential zinc-lead-silver mineralization. Two deposits at Macmillan...
Fireweed Zinc Ltd. targeted the expansion of known zones of high-grade zinc mineralization and exploration of new targets during a late-2020 season program at its 544-square-kilometer (210 square miles) Macmillan Pass project in eastern Yukon. Two deposits at Macmillan Pass – Tom and Jason – host 11.21 million metric tons of indicated resource averaging 6.59% (1.63 billion pounds) zinc, 2.48% (610 million lb) lead and 21.33 grams per metric ton (7.7 million ounces) sil...
Fireweed Zinc Ltd. Nov. 23 announced that it has nearly doubled its land position in the Macmillan Pass area of eastern Yukon through the acquisition of two claim blocks that cover zinc, lead and silver targets to the west of its already large mineral exploration project. To acquire this western extension of the Macmillan Pass project, Fireweed entered into two separate agreements – one with QuestEx Gold & Copper Ltd. for approximately 74 square kilometers (18,300 acres) of m...
Fireweed Zinc Ltd. Aug. 19 announced it is ramping up a late season drilling and exploration program at its Macmillan Pass zinc project in eastern Yukon. This program, which will include expansion of known zones of high-grade zinc mineralization and exploration of new zones, is being funded by a C$5.2 million financing completed earlier this month. "Our recent financing has allowed us to mount a big exploration program this summer that will run late into the season," said...
Government of Yukon and the Ross River Dena Council First Nation March 3 announced an agreement in principle has been reached for roughly C$71 million in upgrades to the North Canol Road and the Robert Campbell Highway under the Yukon Resource Gateway Project, a C$247.8 million federal program that is upgrading more than 650 kilometers (400 miles) of roads in the Yukon. Yukon is also contributing C$112.8 million to this road improvement project that will provide better access...
Fireweed Zinc Ltd. Nov. 5 reported that drills cut 230 meters averaging 4.14 percent zinc from a depth of eight meters at Boundary, a zone currently not included in the resource for the company's Macmillan Pass project in eastern Yukon. Two deposits at Macmillan Pass – Tom and Jason – host 11.21 million metric tons of indicated resource averaging 6.59 percent (1.63 billion pounds) zinc, 2.48 percent (610 million lb) lead and 21.33 grams per metric ton (7.7 million ounces) sil...
Another slumbering zinc giant is being awakened in Canada's far north. The MacMillan Pass project, a venture targeting an extensive package of mining claims assembled recently by junior mining company Fireweed Zinc Ltd., hosts the large, advanced Tom and Jason zinc-lead-silver deposits and other occurrences of these minerals in southeastern Yukon Territory. Established in 2015, Fireweed was organized specifically to investigate the potential of the MacMillan Pass area, where...
Fireweed Zinc Ltd. Oct. 16 reported that drills cut 250 meters averaging 3.44 percent zinc from the surface at Boundary, a zone currently not included in the resource for the company's Macmillan Pass project in eastern Yukon. Two deposits at Macmillan Pass – Tom and Jason – host 11.21 million metric tons of indicated resource averaging 6.59 percent (1.63 billion pounds) zinc, 2.48 percent (610 million lb) lead and 21.33 grams per metric ton (7.7 million ounces) silver; plu...
Fireweed Zinc Ltd. Aug. 20 reported results from the first five holes drilled at the company's Macmillan Pass zinc project in eastern Yukon. Two deposits at Macmillan Pass – Tom and Jason – host 11.21 million metric tons of indicated resource averaging 6.59 percent (1.63 billion pounds) zinc, 2.48 percent (610 million lb) lead and 21.33 grams per metric ton (7.7 million ounces) silver; plus 39.47 million metric tons of inferred resource averaging 5.84 percent (5.08 bil...
Fireweed Zinc Ltd. June 12 announced that crews have begun work in preparation for the 2019 exploration program at Macmillan Pass, a 544-square-kilometer (210 square miles) zinc-lead silver project in eastern Yukon. Two deposits at Macmillan Pass – Tom and Jason – host 11.21 million metric tons of indicated resource averaging 6.59 percent (1.63 billion pounds) zinc, 2.48 percent (610 million lb) lead and 21.33 grams per metric ton (7.7 million ounces) silver; plus 39.47 mil...
Fireweed Zinc Ltd. Jan. 18 announced that Teck Resources Ltd. has put in a lead order to acquire shares during Fireweed's upcoming C$5 million private placement financing. Teck, which already holds a 4.7 percent interest in Fireweed, will up its holdings in the Yukon zinc explorer to around 9.9 percent. "Fireweed is delighted to see Teck grow their stake in the company to just shy of 10 percent," said Fireweed CEO Brandon Macdonald. "This is a strong vote of confidence in the...
Fireweed Zinc Ltd. Jan. 2 provided a review of its accomplishments at Macmillan Pass during 2018, a year of resource and property expansion for the company's zinc-lead project in eastern Canada. Fireweed Zinc emerged on the mineral exploration scene in June of 2017 with the completion of a C$4 million initial public offering and an option to acquire Macmillan Pass, a property that covers 5,159 hectares (12,748 acres) of the zinc-rich Selwyn Basin. The most advanced targets on...
Fireweed Zinc Ltd. June 26 said it has begun a planned 10,000-meter drill program aimed at expanding and upgrading the high-grade zinc resource at Macmillan Pass, as well as exploring for new deposits across the company's 470-square-kilometer (181 square miles) project in Selwyn Basin of southeastern Yukon. "With a healthy treasury, we are planning to both drill to expand and upgrade our mineral resource and carry out aggressive exploration toward making new discoveries,"...
Fireweed Zinc Ltd. March 27 reported that it has cut deals with Constantine Metal Resources Ltd. and Carlin Gold Corp. and Golden Ridge Resources Ltd. that significantly expands its land position in the Macmillan Pass Zinc District of eastern Yukon. Fireweed Zinc Ltd., a new exploration company, is focused on advancing the Jason and Tom zinc-lead-silver deposits at its Macmillan Pass property. Together, Jason and Tom host 11.21 million metric tons of indicated resource...
Though mineral exploration in Yukon Territory this year lagged the pace seen in 2018, mine development projects advanced at a steady clip in 2019, while several past-producing mines moved toward resuming output. Yukon ranked fourth in Canada for projected spending on mineral exploration and deposit evaluation for 2018, according to statistics distributed by Natural Resources Canada. Spending for mineral exploration and deposit evaluations totaled C$249.4 million, made up of C$...
Fireweed Zinc Ltd. focused its 2019 exploration on continuing to add high-grade resources at Macmillan Pass, a 544-square-kilometer (210 square miles) zinc-lead-silver project in eastern Yukon. Two deposits at Macmillan Pass – Tom and Jason – host 11.21 million metric tons of indicated resource averaging 6.59 percent (1.63 billion pounds) zinc, 2.48 percent (610 million lb) lead and 21.33 grams per metric ton (7.7 million ounces) silver; plus 39.47 million metric tons of inf...
More than three dozen explorers chased lucrative mineral deposits in Yukon Territory in 2017 and most of these junior and senior companies returned to the northern jurisdiction this year to take another crack at hitting the jackpot. Known for its rich and storied gold mining history as well as its rugged mountain peaks, Yukon is roughly 15 percent larger than California, covering more than 482,000 square kilometers (186,272 square miles). Split off from the Northwest...
Fireweed Zinc Ltd. is focused on advancing Macmillan Pass, a 470-square-kilometer (181 square miles) road-accessible zinc-lead-silver project in Selwyn Basin in southeastern Yukon Territory. Two deposits at Macmillan Pass – Tom and Jason – host 11.21 million metric tons of indicated resource averaging 6.59 percent (1.63 billion pounds) zinc, 2.48 percent (610 million lb) lead and 21.33 grams per metric ton (7.7 million ounces) silver; plus 39.47 million metric tons of inf...
As some of the world's biggest gold miners nab exciting plays that turned up across Yukon Territory during the past decade, Yukon's mining explorers continue to seek the next generation of mine projects in the northwestern-most Canadian territory. Many of the up and coming mines in Yukon also are getting a boost from C$360 million in upgrades to roads into some of Yukon's richest mining districts. Known as the Yukon Resource Gateway project, the endeavor to modernize...
Fireweed Zinc Ltd. Aug. 8 announced it has signed an Option and Exploration Agreement on Newmont Mining Corp.'s MAC claims, which extends northwest from Fireweed's Macmillan Pass zinc project in southeastern Yukon. Selwyn Basin, where both properties are located, is known for the sedimentary exhalative zinc‐lead‐silver deposits found there. The newly optioned MAC claims cover 16,780 hectares (41,460 acres) of the Selwyn Basin, which quadruples the area of Fireweed's Macmillan Pass Project. These claims cover the...
Fireweed Zinc Ltd. Oct. 10 reported high-grade zinc results from the first four holes drilled at Jason, one of two deposits the company is testing with confirmation drilling during its 2017 program at the Macmillan Pass project in eastern Yukon. JS17-01, the first hole drilled at Jason this year, cut 7 meters of 12.16 percent zinc and 3.13 percent lead from a depth of 172.3 meters. Other highlighted intercepts include 10.5 meters of 7.82 percent copper and 1.39 percent lead from a depth of 155.2 meters in hole JS17-02; and...
Fireweed Zinc Ltd. Oct. 24 reported high-grade zinc intercepts from verification drilling in the Jason Main zone results at its Macmillan Pass project in eastern Yukon. The best intercept from this second batch of assay results from 2017 drilling at Jason include 13.1 meters of 13.24 percent zinc and 3.38 percent lead. Another hole cut 15.7 meters of 10.22 percent zinc and 1.95 percent lead. Another hole drilled at Jason earlier this year cut 7 meters of 12.16 percent zinc and 3.13 percent lead. The results from this year's...
Fireweed Zinc Ltd. Sep. 12 reported results from the first five holes of its 2017 drill program on the Macmillan Pass zinc project in eastern Yukon. The best intercept so far came in hole TS17-03, which cut 24.4 meters averaging 10.2 percent zinc, 6.28 percent lead and 87.7 grams per metric ton silver. Fireweed said this intersection confirms the very high grades near the surface of the Tom West zone. Hole TS17-05, also drilled at Tom West cut 27.7 meters averaging 6.35 percent zinc, 3.15 percent lead and 34.2 g/t silver....
