Fireweed Identifies Drill Targets at the Gayna Project, NWT

15 November 2023

Vancouver, British Columbia: FIREWEED METALS CORP. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQB: FWEDF) is pleased to announce the results of the 2023 geophysical survey on its Gayna Project (zinc-lead-silver-gallium-germanium) (“Gayna" or “the Project”) in the Northwest Territories, Canada (Map 1).

Highlights

  • Several drill targets on gravity anomalies have been identified in reef-margin positions, consistent with Kipushi-style1 massive sulphide targets.
  • Reef-margin targets are further supported by proximity to known showings, soil anomalies, and rock sampling.

CEO Statement 

Brandon Macdonald, CEO, stated, “The results of our work at the Gayna Project so far show some compelling targets supported by multiple independent datasets: gravity, soils, and geological mapping. The anomalies are focused around the margins of ancient carbonate reefs, further validating the exploration concept that we are testing here—that Gayna may host high-grade massive sulphide zinc-lead mineralization. We are very excited to revitalize mineral exploration in the area and conclusively test these targets for critical minerals.”