Fireweed Makes Complete Drill Database Available and Launches New Website

28 February 2024

FEBRUARY 27, 2024

Vancouver, British Columbia: FIREWEED METALS CORP. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQB: FWEDF; FSE: M0G) is pleased to report that an integrated dataset containing all previously released Fireweed and historical drilling data from the Macmillan Pass (“Macpass”) Project, Yukon, Canada, is now available on a newly launched website.

Highlights

  • A drill database containing zinc, lead, and silver assays, and bulk density information for the Macpass Project can now be reviewed and downloaded from Fireweed’s website.
  • A table is provided that includes the downhole intervals of the stratiform mineralized zones at Tom, Jason, End Zone and Boundary Zone.
  • A new-look website has been launched, including updated project and corporate information.

CEO Statement

Brandon Macdonald, CEO, stated, “In the interest of complete transparency, our Macpass drilling data are now available on our website in an accessible format. We firmly believe in the robust nature of our project, and we are putting all our drillholes and all historical drillholes out there for everyone to see and freely access. We will shortly commence a Mineral Resource Estimate that will include an update of the Tom and Jason resource, in addition to the inaugural resource update for our new discovery, Boundary Zone.”

Fireweed Drill Database

The Fireweed drill database and 3D viewers can be accessed at fireweedmetals.com/macpass-project/.

Fireweed’s updated website can be accessed at fireweedmetals.com.

About Fireweed Metals Corp. (TSXV: FWZ; OTCQB: FWEDF; FSE:M0G): Fireweed Metals is a public mineral exploration company on the leading edge of Critical Minerals project development. Fireweed is well-funded, with a healthy balance sheet, and has three projects located in Canada:

  • Macpass Project (Zinc-Lead-Silver): Fireweed owns 100% of the district-scale 940 km2 Macmillan Pass (“Macpass”) Project in Yukon, Canada, which is host to one of Earth’s largest undeveloped resources of zinc**, a Critical Mineral.  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, Tom South, 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): Fireweed owns 100% interest in the 37.6 km2 Mactung Project located adjacent to the Macpass 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 Project (Zinc-Lead-Gallium-Germanium): Fireweed owns 100% of the 128.75 km2 Gayna Project located 180 km north of the Macpass 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. A recent reevaluation of the geology supported by recent ground gravity geophysics results, soil surveys, and high grade rock samples, indicate drill targets with potential for high-grade Kipushi-style massive sulphide mineralization.

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