4 June 2026
Vancouver, British Columbia: FIREWEED METALS CORP. (“Fireweed” or the Company”) (TSXV: FWZ; OTCQX: FWEDF) is pleased to announce the launch of its 2026 Field Program, with planned activities across its Mactung, Macpass, and regional infrastructure improvement planning projects.
The 2026 program includes approximately 9,500 m of combined diamond and sonic drilling across the two critical metals projects, including up to 7,500 m at Macpass and up to 2,000 m at Mactung. Drilling is now underway at Macpass, with work at Mactung expected to follow.
Ian Gibbs, President and Chief Executive Officer, stated “we are very excited to have commenced field operations across multiple critical metals projects. The 2026 Mactung Field program and ongoing engineering studies will continue to inform the updated Mactung Feasibility Study, which is ongoing and scheduled for completion early in 2027. Exploration drilling at Macpass will continue where it left off at the end of the 2025 field season, with the continuation of hole TS25-003, a ~300 m step-out down dip of the inferred resource at Tom South that was suspended in laminated sulphide mineralization at the end of the 2025 field season. We are confident in the prospectivity of the areas surrounding Tom South and Tom East for the discovery of additional high-grade mineralization.”
2026 Mactung Program
As part of the US Defense Production Act (DPA) Title III-supported program announced in December 2024, Fireweed is conducting geotechnical and hydrogeological drilling, which builds on the 2025 program. These activities will support an updated Feasibility Study, which commenced earlier in 2026 and establishes the foundation for future licensing and permitting efforts. Activities include the following: