Fireweed Metals Files Technical Report For Its Mactung Project On SEDAR

28 July 2023

July 28, 2023

Vancouver, British Columbia: FIREWEED METALS CORP. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQB: FWEDF) is pleased to announce the filing on www.SEDAR.com of the independent Technical Report for its Mactung Project (the “Project”) that is located in Yukon and Northwest Territories (“NWT”), Canada.

  • Mactung is the world’s largest high-grade deposit of the critical mineral tungsten**.
  • Mineral resources total 41.5 Mt Indicated Resource at 0.73% WO3 and 12.2 Mt Inferred Resource at 0.59% WO3.
  • In addition, an Exploration Target is estimated at 2.5 Mt to 3.5 Mt at a grade between 0.4% and 0.6% WO3, within the mining shapes that constrain the Mineral Resource.

CEO Statement

“We are pleased to file our Technical Report on SEDAR to give the full details of the resource estimate that was completed to demonstrate that Mactung is the largest high-grade tungsten deposit in the world,” commented Brandon Macdonald, Chief Executive Officer. “We are continuing to advance the Mactung project towards development and this world-class resource will be the foundation for detailed engineering studies of this unique critical mineral project.”


Table 1: Mineral Resource Statement(1,2,3,4) for the Mactung Project.

 

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