Last assays from 2022 for Fireweed Metals

Fireweed Metals Corp. announced the last two rounds of assays from its 2022 drill program at the company's Macmillan Pass project in Yukon, Canada, signaling the receipt of all drill results and setting the stage for its planned largest drill program this year.

In quick succession, Fireweed received its second-to-last batch on March 2, with the remaining nine holes rolling in on March 6.

The first results are the final assays from Boundary Zone, while the last results received came from drilling at Tom.

Highlights from Boundary include:

• 174.72 meters averaging 3.04% zinc, 0.03% lead, and 7.9 grams per metric ton silver from a depth of 166.15 meters in hole NB22-012, including 32.24 meters averaging 6.43% zinc, 0.03% lead, and 11.2 g/t silver, and 10.14 meters averaging 8.29% zinc, 0.07% lead, and 34.1 g/t silver.

• 13.95 meters averaging 6.83% zinc, 0.02% lead, and 10 g/t silver from 17.9 meters in NB22-015.

• 60.46 meters averaging 12.01% zinc, 0.38% lead, and 21.9 g/t silver from 19.5 meters in NB22-017, including 39.66 meters averaging 16.6% zinc, 0.55% lead, and 30.1 g/t silver.

• 226.8 meters averaging 5.71% zinc, 0.6% lead, and 21.6 g/t silver from 33.2 meters in NB22-022, including 199.67 meters averaging 6.25% zinc, 0.62% lead, and 23.3 g/t silver.

• 298.09 meters averaging 4.45% zinc, 1.42% lead, and 30.9 g/t silver from 29.65 meters in NB22-023, including 205.82 meters averaging 5.08% zinc, 2% lead, and 41.8 g/t silver.

The company states that these are intersected thicknesses and not true thicknesses due to the early stage of drilling.

"The 2022 Boundary Zone drill results are nothing short of spectacular," said Fireweed Metals CEO Brandon Macdonald. "Earlier in the season at Boundary West we drilled the best hole in 72 years of exploration anywhere at the Macmillan Pass project. The current results are not far behind and include extremely high-grade intersections within a new stratiform zone that we have now intersected in just a few holes at Boundary Main."

Highlights from Tom include:

• 26.93 meters averaging 9.28% zinc, 5.4% lead and 61.5 g/t silver from 129.28 meters in hole TS22-001, including 12.75 meters averaging 11.38% zinc, 8.93% lead, and 114.9 g/t silver.

• 16.9 meters averaging 10.69% zinc, 5.03% lead, and 98.8 g/t silver from 82.62 meters in hole TS22-002, including 3.28 meters averaging 18.86% zinc, 14.16% lead, and 324 g/t silver.

• 22.99 meters averaging 7.34% zinc, 9.77% lead, and 139.2 g/t silver from 87.58 meters in TS22-003, including 11.17 meters averaging 8.41% zinc, 15.49% lead, and 244.4 g/t silver.

• 24.79 meters averaging 6.78% zinc, 5.06% lead, and 70.1 g/t silver from 6.91 meters in TS22-005, including 7.26 meters averaging 10.84% zinc, 8.55% lead, and 157 g/t silver.

• 23.35 meters averaging 5.94% zinc, 6.01% lead, and 80.3 g/t silver from 152.53 meters in TS22-006, including 13.66 meters averaging 7.51% zinc, 9.44% lead, and 121.4 g/t silver.

• 40.55 meters averaging 15.24% zinc, 14.62% lead, and 181.6 g/t silver from 266.06 meters in TS22-009, including 27.43 meters averaging 18.89% zinc, 18.86% lead, and 241 g/t silver.

All Tom results reported are true thicknesses.

"We are very pleased to close out the reporting of the 2022 results with some phenomenal grades from our Tom deposit," said Macdonald. "The holes are infill, yet the grades in most of these holes are significantly higher than what has been estimated in our current mineral resource for those intersections. We have hit extremely high zinc, lead, and silver grades in intersections of massive sulphides in the feeder zone that are better than anything that we have seen before at Tom West. We see great potential for growth of the Tom resource."

With last year's results fully arrived, Fireweed is excited to reassess and target areas it believes will unlock the most value at this high-grade and highly prospective zinc-lead-silver project.