Highlights
- Best intersection drilled to date at
Boundary Zone : hole NB23-028 intersected 143.95 m (50 m true width) grading 14.45% zinc, 1.15% lead, and 60.0 g/t silver, including 28.71 m (10 m true width) grading 25.52% zinc, 1.27% lead, and 91.3 g/t silver. - Successful step-out holes continue to increase the extents of known zinc mineralization and demonstrate the high-grade tenor of the
Boundary Zone mineralization. - Hole NB23-022 intersected 66.11 m (18 m true width) grading 7.13% zinc, 0.97% lead, and 54.8 g/t silver.
- Assays are pending for 19 remaining drillholes including six more from
Boundary Zone , and 11 holes from the Tom deposit, and two holes from the Jason deposit.
CEO Statement
Summary
The mineralization from drill holes in this release primarily comprises stratiform (layer-parallel) and massive (>50% sulphides) sulphides in the western and central areas of
Results
The drill holes in this release are located in the central and western areas of
Table 1: Assay highlights for holes included within this release for the 2023 drilling program,
Drillhole | Interval | From (m) | To (m) | Interval Width (m) | Est. True Width (m) † | Zinc (%) | Lead (%) | Silver (g/t) | Bulk Density (t/m3) |
NB23-022 | Primary | 282.65 | 348.76 | 66.11 | 18 | 7.13 | 0.97 | 54.8 | 4.47 |
NB23-028 | Primary | 91.9 | 111.3 | 19.4 | N/A | 3.65 | 0.04 | 5.1 | 3.09 |
NB23-028 | Including | 94.72 | 98.1 | 3.38 | N/A | 8.55 | 0.07 | 8.1 | 3.39 |
NB23-028 | Primary | 196.1 | 203.8 | 7.7 | N/A | 9.95 | 0.04 | 12.7 | 2.86 |
NB23-028 | Including | 197.6 | 202.3 | 4.7 | N/A | 14.23 | 0.06 | 17.9 | 2.91 |
NB23-028 | Primary | 305.6 | 449.55 | 143.95 | 50 | 14.45 | 1.15 | 60.0 | 3.75 |
NB23-028 | Including | 310.35 | 314.5 | 4.15 | 1.4 | 14.55 | 4.69 | 163.0 | 3.89 |
NB23-028 | Including | 321.79 | 350.5 | 28.71 | 10 | 25.52 | 1.27 | 91.3 | 3.90 |
NB23-028 | >Including | 327.6 | 337.74 | 10.14 | 3.5 | 32.72 | 1.34 | 109.8 | 4.06 |
NB23-028 | Including | 420.31 | 439.61 | 19.3 | 6.7 | 19.06 | 1.12 | 62.7 | 4.00 |
NB23-029 | Primary* | 24.14 | 51.95 | 27.81 | N/A | 4.28 | 0.06 | 11.9 | 3.08 |
NB23-029 | Including* | 24.14 | 31.57 | 7.43 | N/A | 9.21 | 0.05 | 13.8 | 3.07 |
NB23-029 | Primary* | 79.27 | 108.45 | 29.18 | N/A | 2.93 | 0.02 | 4.6 | 2.77 |
NB23-029 | Primary | 238.82 | 255.44 | 16.62 | N/A | 8.74 | 0.03 | 11.1 | 3.09 |
NB23-029 | Including | 239.82 | 245.44 | 5.62 | N/A | 18.39 | 0.06 | 23.6 | 3.49 |
NB23-029 | Primary | 400.87 | 412.5 | 11.63 | Unknown | 7.49 | 1.66 | 34.7 | 3.14 |
NB23-029 | Including | 402.82 | 408.38 | 5.56 | Unknown | 13.21 | 0.96 | 34.1 | 3.42 |
NB23-029 | Primary | 514 | 519.76 | 5.76 | Unknown | 6.32 | 1.50 | 34.6 | 3.06 |
NB23-029 | Primary | 580.43 | 618.83 | 38.4 | Unknown | 3.06 | 0.08 | 8.2 | 3.47 |
NB23-029 | Including | 580.43 | 582.86 | 2.43 | Unknown | 11.91 | 0.36 | 26.6 | 4.39 |
NB23-029 | Including | 601.94 | 604.88 | 2.94 | Unknown | 13.21 | 0.09 | 21.5 | 4.30 |
NB23-029D1 | Primary | 416.75 | 437.5 | 20.75 | Unknown | 5.20 | 2.05 | 52.6 | 3.80 |
NB23-029D1 | Including | 423.5 | 430 | 6.5 | Unknown | 8.43 | 3.27 | 82.3 | 4.17 |
NB23-031 | Primary | 142.4 | 148.9 | 6.5 | N/A | 7.33 | 0.05 | 14.5 | 2.92 |
NB23-031 | Primary | 235.57 | 240.16 | 4.59 | N/A | 7.33 | 0.02 | 7.7 | 3.23 |
NB23-031 | Primary | 373.33 | 377.6 | 4.27 | N/A | 7.95 | 0.01 | 3.3 | 2.81 |
NB23-032 | Primary | 412.55 | 430.92 | 18.37 | 8 | 4.25 | 0.14 | 12.7 | 3.27 |
NB23-032 | Including* | 412.55 | 417 | 4.45 | 2 | 7.55 | 0.19 | 17.3 | 2.96 |
*denotes intervals with recovery of less than 85%. N/A: Not Applicable due to the variable shapes of breccia and vein mineralization.
† See “Data Verification” for a description of true width calculations
Fireweed continues to successfully intersect pyrite-sphalerite-galena as stratiform massive sulphides, laminated mineralization, veins, and breccias in the 2023 step-outs (Photos 1 to 3). Mineralization has been intersected in every step-out hole that has been completed to depth. Assays have been received for 34
- Hole NB23-028 intersected a 143.95 m interval of stratiform massive sulphide grading 14.45% zinc, 1.15% lead, and 60.0 g/t silver with an estimated true width of approximately 50 m, including 28.71 m (estimated true width 10 m) of 25.52% zinc, 1.27% lead, and 91.3 g/t silver, further including 10.14 m (estimated true width 3.5 m) of 32.72% zinc, 1.34% lead, and 109.8 g/t silver. Two intervals of vein and breccia style mineralization were also intersected, 19.40 m grading 3.65% zinc and 5.1 g/t silver, and 7.70 m grading 9.95% zinc and 12.7 g/t silver.
- Hole NB23-022 intersected 66.11 m of stratiform massive sulphide with an estimated true width of 18 m grading 7.13% zinc, 0.97% lead, and 54.8 g/t silver, including 50.08 m (14 m true width) of 7.99% zinc, 1.12% lead, and 61.7 g/t silver.
- Hole NB23-29D1 is a directionally-cut secondary splay hole from NB23-029 and intersected 20.75 m of stratiform massive sulphide grading 5.20% zinc, 2.05% lead, and 52.6 g/t silver, including 6.50 m of 8.43% zinc, 3.27% lead, and 82.3 g/t silver. This intercept of stratiform mineralization correlates to a separate, distinct body from the primary tabular massive sulphide.
- NB23-029 intersected a 5.76 m interval of stratiform massive sulphide grading 6.32% zinc, 1.50% lead, and 34.6 g/t silver, as well as an 11.63 m interval of stratiform massive sulphide grading 7.49% zinc, 1.66% lead, and 34.7 g/t silver. Four intervals of vein and breccia style mineralization were also intersected: 27.81 m grading 4.28% zinc and 11.9 g/t silver; 29.18 m grading 2.93% zinc and 4.6 g/t silver; 16.62 m grading 8.74% zinc and 11.1 g/t silver; and 38.40 m grading 3.06% zinc and 8.2 g/t silver.
- Hole NB23-032 intersected 18.37 m of stratiform massive sulphide with an estimated true width of 8 m grading 4.25% zinc, 0.14% lead, and 12.7 g/t silver, including 4.45 m of 7.55% zinc, 0.19% lead, and 17.3 g/t silver with an estimated true width of 2 m.
- Hole NB23-031 intersected three zones of breccia and vein style mineralization: 6.50 m grading 7.33% zinc and 14.5 g/t silver; 4.59 m grading 7.33% zinc and 7.7 g/t silver; and 4.27 m grading 7.95% zinc and 3.3 g/t silver.
- Hole NB23-022D1 is a directional cut off NB23-022 and intersected a 2.50 m interval of sulphide mineralization grading 5.13% zinc, 0.43% lead, and 33.8 g/t silver.
See Tables 1 to 4, Long Section M–M’, Cross Sections C–C’, J–J’, K–K’, L–L’, Q-Q’, and Maps 2 and 3 below for further details.
Step-out drilling at
- NB23-034 intersected 49 m of stratiform massive sulphide.
- NB23-035 intersected 15 m of stratiform massive sulphide.
- NB23-036 intersected 45 m of stratiform massive sulphide.
- NB23-037 intersected 110 m of feeder-proximal laminated to massive sulphide.
- NB23-038 intersected 13 m of stratiform massive sulphide.
Out of the 40 holes drilled at
Extensive vein and breccia mineralization at
2023 Drill Program
The 2023 program achieved 22,500 m of drilling mostly focused on Boundary, Tom, and Jason zones in addition to five metallurgical drill holes at Mactung (Map 1). Use of directional drilling, in which multiple secondary drill holes are initiated at depth from one primary hole, saved an estimated 1,800 m of drilling compared to traditional drilling of multiple new holes from surface for a total equivalent metreage of 24,300 m in 2023.This was Fireweed’s largest ever program and the biggest drill program in
About
Macpass Project (Zinc-Lead-Silver): Fireweed owns 100% of the district-scale 940 km2Macmillan Pass (“Macpass”) Project inYukon, 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 andEnd 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): The Company owns 100% interest in the 37.6 km2Mactung Project located adjacent to theMacpass 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 inCanada , it is one of the rare large tungsten resources outside ofChina *.Gayna Project (Zinc-Lead-Gallium-Germanium): Fireweed owns 100% of the 128.75 km2Gayna Project located 180 km north of theMacpass 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 indicates the potential for high-grade Kipushi-style massive sulphide mineralization.
Qualified Person Statement
Technical information in this news release has been approved by Fireweed’s VP Geology, Dr.
In
Additional information about Fireweed and its projects can be found on the Company’s website at FireweedMetals.com and at www.sedarplus.com
ON BEHALF OF FIREWEED METALS CORP.
“
CEO & Director
Contact:
Phone: (604) 646-8361
Email: info@fireweedmetals.com
Neither the
Data Verification
The diamond drill core logging and sampling program was carried out under a rigorous quality assurance / quality control program using industry best practices. Drill intersections in this release are NQ2 size core (50.5 mm/ 1.99-inch diameter) with recoveries typically above 85% unless otherwise noted in the results tables. After drilling, core was cleaned, logged for geology, structure, and geotechnical characteristics, then marked for sampling and photographed on site. Certain cores were selected for core scanning. The cores for analyses were marked for sampling based on geological intervals with individual samples 2 m or less in length, with 1 m samples within mineralized zones. Drill core was cut lengthwise in half with a core saw; half-core was sent for assays reported in this news release, and the other half is stored on site for reference. Bulk density was determined on site for the entire length of each assay sample by measurement of mass in air and mass in water. Sample duplicate bulk density determinations and in-house bulk density standard determinations were each made at a rate of 5%. Since 2017, four in-house bulk density standards (mineralized drill core from the Tom deposit that span a range of densities) have been used and show an acceptable long-term precision. Certified standard masses are used to calibrate the scale balance used for bulk density determinations.
A total of 5% assay standards or blanks and 5% core duplicates are included in the sample stream as a quality control measure and are reviewed after analyses are received. Standards and blanks in 2023 drill results to date have been approved as acceptable. Duplicate data add to the long-term estimates of precision for assay data on the project and precision for drill results reported is deemed to be within acceptable levels. With the exception of samples from NB23-031, samples were sent to the Bureau Veritas (BV) preparation laboratory in
Assay values may appear rounded to one decimal place but are given in full in Table 1, Table 2, and Cross Sections where zinc and lead grades are reported to two decimal places.
Results in this news release are length and bulk-density weighted averages as would be used in a Mineral Resource estimate. Length and bulk-density weighted averages have been reported as these most accurately represent the average metal-content of the intersections.
True widths for primary intervals are estimated by measuring perpendicular to strike within the short axis of a stratiform wireframe that has been constructed in 3D around the mineralized intercepts at
Sphalerite and galena have been identified visually by experienced core logging geologists, and licenced professional geoscientists, and confirmed by portable XRF (X-Ray fluorescence). No absolute visual estimates of mineral abundances or inferences of potential zinc or lead grades have been stated for holes without assay values in this news release.
Cautionary Statements
Forward Looking Statements
This news release contains “forward-looking” statements and information (“forward-looking statements”). All statements, other than statements of historical facts, included herein, including, without limitation, statements relating to interpretation of drill results and projections of mineralization, future work plans, the use of funds, and the potential of the Company’s projects, are forward looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects”, "anticipates”, "believes”, "intends”, "estimates”, "potential”, "possible”, and similar expressions, or statements that events, conditions, or results "will”, "may”, "could”, or "should” occur or be achieved. Forward-looking statements are based on the beliefs of Company management, as well as assumptions made by and information currently available to Company management and reflect the beliefs, opinions, and projections on the date the statements are made. Forward-looking statements involve various risks and uncertainties and accordingly, readers are advised not to place undue reliance on forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include but are not limited to, exploration and development risks, unanticipated reclamation expenses, expenditure and financing requirements, general economic conditions, changes in financial markets, the ability to properly and efficiently staff the Company’s operations, the sufficiency of working capital and funding for continued operations, title matters, First Nations relations, operating hazards, political and economic factors, competitive factors, metal prices, relationships with vendors and strategic partners, governmental regulations and oversight, permitting, seasonality and weather, technological change, industry practices, uncertainties involved in the interpretation of drilling results and laboratory tests, and one-time events. The Company assumes no obligation to update forward‐looking statements or beliefs, opinions, projections or other factors, except as required by law.
Footnotes and References
* References to relative size and grade of the Mactung resources and Macpass resources in comparison to other tungsten and zinc deposits elsewhere in the world, respectively, are based on review of the Standard & Poor’s Global Market Intelligence Capital IQ database.
1: For details, see https://www.sedarplus.ca/ Fireweed Technical Report titled “NI 43-101 Technical Report on the
2: For details, see https://www.sedarplus.ca/ Fireweed Technical Report titled “NI 43-101 Technical Report Macmillan Pass Project Yukon Territory Canada” filed on https://www.sedarplus.ca/ on
3: For details, see Fireweed news release dated
Map 1:
Map 2: Location of 2023
Map 3: Mineralized intervals in 2023 drilling and pre-2023 drilling defining a stratiform laminated to massive sulphide zone that is connected at depth (purple polygon) and a broader envelope of vein, breccia, and other stratiform zinc mineralization, showing significant areal extent (within green dashed line).
Long Section M–M’ – Estimated true thickness interpretation and selected intersections with zinc grades shown within the laminated to massive sulphide stratiform zone of pyrite-sphalerite-galena mineralization at
Cross Section C–C’ — Including analytical results for hole NB23-032 and visually confirmed mineralization for hole NB23-033
Cross Section J–J’ — Including analytical results for hole NB23-031
Cross Section K–K’ — Including analytical results for hole NB23-028 and visually confirmed mineralization for holes NB23-033, NB23-035, and NB23-037
Cross Section L–L’ — Including analytical results from Holes NB23-029 and NB23-029D1
Cross Section Q–Q’ — Including analytical results from Hole NB23-022 and NB23-022D1 as well as visually confirmed mineralization for hole NB23-038
Photo 1: High resolution core scanning image of stratiform and massive to semi-massive sulphide mineralization in NB23-028 (330.2 m to 340.1 m)
Photo 2: High resolution core scanning image of sphalerite-pyrite-siderite vein mineralization in NB23-029 (237.5 m to 247 m)
Photo 3: High resolution core scanning image of sphalerite-pyrite-galena-siderite breccia and massive sulphide mineralization in NB23-029 (598.4 m to 607.9 m)
Table 2: NB23-017, NB23-018, NB23-019, NB23-020, NB23-021, NB23-024, NB23-025, NB23-026, NB23-027, NB23-030 drill results
Drillhole | Interval | From (m) | To (m) | Interval Width (m) | Est. True Width (m) ‡ | Zinc (%) | Lead (%) | Silver (g/t) | Bulk Density (t/m3) |
NB23-022 | Entire Hole† | 0.00 | 386.00 | 386.00 | N/A | 1.84 | 0.26 | 15.5 | 3.04 |
NB23-022 | Primary | 282.65 | 348.76 | 66.11 | 18 | 7.13 | 0.97 | 54.8 | 4.47 |
NB23-022 | Including | 282.65 | 332.73 | 50.08 | 14 | 7.99 | 1.12 | 61.7 | 4.78 |
NB23-022D1 | Entire Hole† | 0.00 | 448.00 | 448.00 | N/A | 0.07 | 0.02 | 1.5 | 2.76 |
NB23-022D1 | Primary | 378.50 | 381.00 | 2.50 | N/A | 5.13 | 0.43 | 33.8 | 3.12 |
NB23-028 | Entire Hole† | 0.00 | 477.00 | 477.00 | N/A | 5.65 | 0.43 | 23.3 | 3.15 |
NB23-028 | Primary | 91.90 | 111.30 | 19.40 | N/A | 3.65 | 0.04 | 5.1 | 3.09 |
NB23-028 | Including | 94.72 | 98.10 | 3.38 | N/A | 8.55 | 0.07 | 8.1 | 3.39 |
NB23-028 | Primary | 196.10 | 203.80 | 7.70 | N/A | 9.95 | 0.04 | 12.7 | 2.86 |
NB23-028 | Including | 197.60 | 202.30 | 4.70 | N/A | 14.23 | 0.06 | 17.9 | 2.91 |
NB23-028 | Primary | 305.60 | 449.55 | 143.95 | 50 | 14.45 | 1.15 | 60.0 | 3.75 |
NB23-028 | Including | 306.44 | 443.23 | 136.79 | 48 | 14.90 | 1.18 | 61.7 | 3.77 |
NB23-028 | >Including | 310.35 | 314.50 | 4.15 | 1.4 | 14.55 | 4.69 | 163.0 | 3.89 |
NB23-028 | >Including | 321.79 | 350.50 | 28.71 | 10 | 25.52 | 1.27 | 91.3 | 3.90 |
NB23-028 | >>Including | 327.60 | 337.74 | 10.14 | 3.5 | 32.72 | 1.34 | 109.8 | 4.06 |
NB23-028 | >Including | 420.31 | 439.61 | 19.30 | 6.7 | 19.06 | 1.12 | 62.7 | 4.00 |
NB23-029 | Entire Hole† | 0.00 | 629.50 | 629.50 | N/A | 1.17 | 0.08 | 4.4 | 2.93 |
NB23-029 | Primary* | 24.14 | 51.95 | 27.81 | N/A | 4.28 | 0.06 | 11.9 | 3.08 |
NB23-029 | Including* | 24.14 | 31.57 | 7.43 | N/A | 9.21 | 0.05 | 13.8 | 3.07 |
NB23-029 | Primary* | 79.27 | 108.45 | 29.18 | N/A | 2.93 | 0.02 | 4.6 | 2.77 |
NB23-029 | Primary | 238.82 | 255.44 | 16.62 | N/A | 8.74 | 0.03 | 11.1 | 3.09 |
NB23-029 | Including | 239.82 | 246.22 | 6.40 | N/A | 17.05 | 0.06 | 21.6 | 3.40 |
NB23-029 | Including | 239.82 | 245.44 | 5.62 | N/A | 18.39 | 0.06 | 23.6 | 3.49 |
NB23-029 | Primary | 400.87 | 412.50 | 11.63 | unknown | 7.49 | 1.66 | 34.7 | 3.14 |
NB23-029 | Including | 400.87 | 412.00 | 11.13 | unknown | 7.79 | 1.66 | 35.3 | 3.15 |
NB23-029 | Including | 402.82 | 408.38 | 5.56 | unknown | 13.21 | 0.96 | 34.1 | 3.42 |
NB23-029 | Primary | 514.00 | 519.76 | 5.76 | unknown | 6.32 | 1.50 | 34.6 | 3.06 |
NB23-029 | Including | 515.50 | 519.76 | 4.26 | unknown | 7.73 | 1.91 | 39.7 | 3.16 |
NB23-029 | Primary | 580.43 | 618.83 | 38.40 | unknown | 3.06 | 0.08 | 8.2 | 3.47 |
NB23-029 | Including | 580.43 | 582.86 | 2.43 | unknown | 11.91 | 0.36 | 26.6 | 4.39 |
NB23-029 | Including | 601.94 | 604.88 | 2.94 | unknown | 13.21 | 0.09 | 21.5 | 4.30 |
NB23-029D1 | Entire Hole† | 0.00 | 689.50 | 689.50 | N/A | 0.31 | 0.11 | 3.4 | 2.84 |
NB23-029D1 | Primary | 416.75 | 437.50 | 20.75 | unknown | 5.20 | 2.05 | 52.6 | 3.80 |
NB23-029D1 | Including | 423.50 | 430.00 | 6.50 | unknown | 8.43 | 3.27 | 82.3 | 4.17 |
NB23-031 | Entire Hole† | 0.00 | 574.00 | 574.00 | N/A | 0.46 | 0.01 | 1.9 | 2.83 |
NB23-031 | Primary | 142.40 | 148.90 | 6.50 | N/A | 7.33 | 0.05 | 14.5 | 2.92 |
NB23-031 | Including | 142.40 | 147.40 | 5.00 | N/A | 8.76 | 0.06 | 16.5 | 2.96 |
NB23-031 | Primary | 235.57 | 240.16 | 4.59 | N/A | 7.33 | 0.02 | 7.7 | 3.23 |
NB23-031 | Primary | 373.33 | 377.60 | 4.27 | N/A | 7.95 | 0.01 | 3.3 | 2.81 |
NB23-032 | Entire Hole† | 0.00 | 493.34 | 493.34 | N/A | 0.36 | 0.04 | 3.0 | 2.94 |
NB23-032 | Primary | 412.55 | 430.92 | 18.37 | 8 | 4.25 | 0.14 | 12.7 | 3.27 |
NB23-032 | Including* | 412.55 | 417.00 | 4.45 | 2 | 7.55 | 0.19 | 17.3 | 2.96 |
* Denotes intervals with recovery of less than 85%; N/A: Not Applicable due to the variable shapes of breccia and vein mineralization.
† Entire hole intervals contain large continuous sections of very low grade or not mineralized material (below 2% zinc)—intersections of continuous higher-grade material (>2% zinc) are listed as Primary and Included intervals and represent mineralized material.
‡ See “Data Verification” for a description of true width calculations
Table 3: 2023 Drilling Summary
Drillhole | Length (m) | Zone | Significant Intersection | Type |
NB23-001 | 460 | Boundary | Results disclosed | Step Out |
NB23-002 | 351 | Boundary | Results disclosed | Step Out |
NB23-003 | 418 | Boundary | Results disclosed | Step Out |
NB23-004 | 432 | Boundary | Results disclosed | Step Out |
NB23-005 | 234 | Boundary | Results disclosed | Step Out |
NB23-006 | 373 | Boundary | Results disclosed | Step Out |
NB23-007 | 461 | Boundary | Results disclosed | Step Out |
NB23-008 | 385 | Boundary | Results disclosed | Step Out |
NB23-009 | 67 | Boundary | Hole abandoned and redrilled as NB23-011 | Step Out |
NB23-010 | 96 | Boundary | Results disclosed | Step Out |
NB23-011 | 289 | Boundary | Results disclosed | Step Out |
NB23-012 | 452 | Boundary | Results disclosed | Step Out |
NB23-013 | 551 | Boundary | Results disclosed | Step Out |
NB23-014 | 223 | Boundary | Results disclosed | Step Out |
NB23-015 | 339 | Boundary | Results disclosed | Step Out |
NB23-016 | 460 | Boundary | Results disclosed | Step Out |
NB23-017 | 96 | Boundary | Results disclosed | Step Out |
NB23-018 | 195 | Boundary | Results disclosed | Step Out |
NB23-019 | 560 | Boundary | Results disclosed | Step Out |
NB23-020 | 414 | Boundary | Results disclosed | Infill |
NB23-021 | 442 | Boundary | Results disclosed | Infill |
NB23-022 | 386 | Boundary | Results disclosed this release | Step Out |
NB23-022D1 | 448 | Boundary | Results disclosed this release | Step Out |
NB23-023 | 181 | Boundary | Results disclosed | Step Out |
NB23-024 | 402 | Boundary | Results disclosed | Infill |
NB23-025 | 580 | Boundary | Results disclosed | Step Out |
NB23-026 | 111 | Boundary | Results disclosed | Step Out |
NB23-027 | 396 | Boundary | Results disclosed | Infill |
NB23-028 | 477 | Boundary | Results disclosed this release | Step Out |
NB23-029 | 640 | Boundary | Results disclosed this release | Step Out |
NB23-029D1 | 689 | Boundary | Results disclosed this release | Step Out |
NB23-030 | 526 | Boundary | Results disclosed | Step Out |
NB23-031 | 574 | Boundary | Results disclosed this release | Step Out |
NB23-032 | 495 | Boundary | Results disclosed this release | Step Out |
NB23-033 | 681 | Boundary | Narrow Zone Encountered | Step Out |
NB23-034 | 580 | Boundary | Wide Zone Encountered | Step Out |
NB23-035 | 552 | Boundary | Moderate Zone Encountered | Step Out |
NB23-036 | 397 | Boundary | Wide Zone Encountered | Step Out |
NB23-037 | 544 | Boundary | Wide Zone Encountered | Step Out |
NB23-038 | 427 | Boundary | Moderate Zone Encountered | Step Out |
TS23-001 | 143 | Minor Mineralization Encountered | Step Out | |
TS23-002 | 182 | Minor Mineralization Encountered | Step Out | |
TS23-003 | 299 | Wide Zone Encountered | Step Out | |
TS23-004 | 369 | Moderate Zone Encountered | Step Out | |
TS23-005 | 407 | Moderate Zone Encountered | Step Out | |
TS23-006 | 137 | Moderate Zone Encountered | Step Out | |
TS23-007 | 215 | Moderate Zone Encountered | Step Out | |
TS23-008 | 428 | Moderate Zone Encountered | Step Out | |
TS23-009 | 749 | Tom South | Wide Zone Encountered | Step Out |
TS23-009D1 | 747 | Tom South | Wide Zone Encountered | Redrill |
TS23-009D2 | 821 | Tom South | Wide Zone Encountered | Step Out |
JS23-001 | 631 | Jason South | Narrow Zone Encountered | Step Out |
JS23-001D1 | 665 | Jason South | Wide Zone Encountered | Step Out |
BX23-001 | 219 | Boundary South | No significant mineralization | Exploration |
BX23-002 | 144 | Boundary South | No significant mineralization | Exploration |
KB23-001 | 368 | Kobuk | No significant mineralization | Exploration |
KB23-002 | 284 | Kobuk | No significant mineralization | Exploration |
Table 4: Drill Hole Collar Information
Drillhole | Zone | Length (m) | Easting | Northing | Elevation (m.s.l) | Azimuth (°) | Dip (°) |
NB23-001 | Boundary | 460 | 422297 | 7010471 | 1185.86 | 211.99 | -76.42 |
NB23-002 | Boundary | 351 | 422235 | 7010525 | 1194.57 | 214.06 | -70.22 |
NB23-003 | Boundary | 418 | 422235 | 7010525 | 1194.57 | 213.40 | -78.00 |
NB23-004 | Boundary | 432 | 422171 | 7010556 | 1203.00 | 213.91 | -78.08 |
NB23-005 | Boundary | 234 | 422058 | 7010589 | 1207.95 | 199.63 | -49.74 |
NB23-006 | Boundary | 373 | 422171 | 7010556 | 1203.00 | 215.44 | -70.02 |
NB23-007 | Boundary | 461 | 422058 | 7010589 | 1207.95 | 206.37 | -86.43 |
NB23-008 | Boundary | 385 | 422171 | 7010556 | 1203.00 | 215.83 | -60.07 |
NB23-009 | Boundary | 67 | 422058 | 7010589 | 1208.67 | 198.54 | -75.41 |
NB23-010 | Boundary | 96 | 422241 | 7010385 | 1150.41 | 212.28 | -45.00 |
NB23-011 | Boundary | 289 | 422058 | 7010589 | 1208.67 | 201.59 | -75.40 |
NB23-012 | Boundary | 452 | 422289 | 7010534 | 1200.90 | 211.75 | -69.90 |
NB23-013 | Boundary | 551 | 422072 | 7010666 | 1233.59 | 214.94 | -77.68 |
NB23-014 | Boundary | 223 | 422241 | 7010384 | 1150.86 | 213.68 | -70.83 |
NB23-015 | Boundary | 339 | 422241 | 7010385 | 1150.41 | 213.36 | -84.00 |
NB23-016 | Boundary | 461 | 422274 | 7010600 | 1216. 70 | 209.88 | -72.96 |
NB23-017 | Boundary | 96 | 422279 | 7010359 | 1142.67 | 191.27 | -46.90 |
NB23-018 | Boundary | 195 | 422279 | 7010359 | 1142.67 | 190.21 | -65.21 |
NB23-019 | Boundary | 561 | 422289 | 7010534 | 1200.90 | 209.95 | -81.31 |
NB23-020 | Boundary | 414 | 422465 | 7010510 | 1191.44 | 204.85 | -63.35 |
NB23-021 | Boundary | 442 | 422391 | 7010500 | 1190.07 | 201.97 | -77.01 |
NB23-022 | Boundary | 386 | 421948 | 7010672 | 1232.44 | 178.85 | -74.18 |
NB23-022D1 | Boundary | 448 | 421948 | 7010672 | 1232.44 | 177.78 | -74.00 |
NB23-023 | Boundary | 181 | 422449 | 7010351 | 1145.42 | 211.82 | -49.18 |
NB23-024 | Boundary | 405 | 422348 | 7010550 | 1203.82 | 199.65 | -50.18 |
NB23-025 | Boundary | 582 | 422343 | 7010620 | 1219.03 | 196.94 | -74.05 |
NB23-026 | Boundary | 111 | 422449 | 7010351 | 1145.42 | 210.02 | -65.44 |
NB23-027 | Boundary | 451 | 422348 | 7010550 | 1203.82 | 197.18 | -72.46 |
NB23-028 | Boundary | 467 | 422222 | 7010587 | 1209.75 | 211.38 | -65.44 |
NB23-029 | Boundary | 630 | 422124 | 7010731 | 1250.31 | 196.21 | -75.67 |
NB23-029D1 | Boundary | 690 | 422124 | 7010731 | 1250.31 | 196.21 | -75.67 |
NB23-030 | Boundary | 526 | 422535 | 7010614 | 1214.65 | 211.44 | -62.01 |
NB23-031 | Boundary | 574 | 422329 | 7010671 | 1235.88 | 207.69 | -69.87 |
NB23-032 | Boundary | 493 | 422165 | 7010640 | 1224.09 | 210.08 | -62.01 |
NB23-033 | Boundary | 681 | 422228 | 7010663 | 1233.01 | 211.31 | -73.88 |
NB23-034 | Boundary | 580 | 422138 | 7010674 | 1237.24 | 199.07 | -72.40 |
NB23-035 | Boundary | 552 | 422228 | 7010663 | 1232.97 | 199.00 | -72.02 |
NB23-036 | Boundary | 398 | 422289 | 7010534 | 1200.89 | 212.26 | -59.46 |
NB23-037 | Boundary | 544 | 422228 | 7010663 | 1232.94 | 204.73 | -66.10 |
NB23-038 | Boundary | 427 | 422001 | 7010675 | 1233.60 | 179.75 | -68.10 |
TS23-001 | 143 | 441761 | 7004226 | 1492.16 | 075.08 | -49.66 | |
TS23-002 | 182 | 441761 | 7004226 | 1492.16 | 074.97 | -80.38 | |
TS23-003 | 299 | 441676 | 7004024 | 1445.00 | 074.17 | -68.51 | |
TS23-004 | 369 | 441694 | 7003884 | 1463.34 | 067.38 | -71.48 | |
TS23-005 | 407 | 441761 | 7003770 | 1510.00 | 063.25 | -75.35 | |
TS23-006 | 137 | 441779 | 7004076 | 1485.36 | 065.15 | -50.08 | |
TS23-007 | 215 | 441779 | 7004076 | 1485.36 | 065.23 | -78.04 | |
TS23-008 | 428 | 441816 | 7003717 | 1538.00 | 089.53 | -88.95 | |
TS23-009 | Tom South | 749 | 442363 | 7003106 | 1747.29 | 351.97 | -82.00 |
TS23-009D1 | Tom South | 748 | 442363 | 7003106 | 1747.29 | 351.97 | -82.00 |
TS23-009D2 | Tom South | 821 | 442363 | 7003106 | 1747.29 | 351.97 | -82.00 |
JS23-001 | Jason South | 631 | 436722 | 7002304 | 1185.00 | 228.15 | -83.90 |
JS23-001D1 | Jason South | 665 | 436722 | 7002304 | 1185.00 | 228.15 | -83.90 |
BX23-001 | Boundary Expl. | 219 | 421752 | 7010127 | 1114.70 | 035.16 | -50.19 |
BX23-002 | Boundary Expl. | 144 | 421637 | 7010243 | 1137.50 | 014.78 | -49.83 |
KB23-001 | Kobuk | 368 | 418651 | 7012138 | 1311.00 | 006.19 | -51.12 |
KB23-002 | Kobuk | 284 | 418754 | 7011620 | 1225.00 | 006.00 | -65.24 |
Coordinates listed in
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f1158338-4312-4aba-800a-8193b0d27f03
https://www.globenewswire.com/NewsRoom/AttachmentNg/3ebb84e7-b244-41ab-bf25-aae15fcf8371
https://www.globenewswire.com/NewsRoom/AttachmentNg/e927b4cc-b537-47d4-aee5-e56cf9cac079
https://www.globenewswire.com/NewsRoom/AttachmentNg/0afca3a9-8acb-42eb-969b-7e8b8534ed13
https://www.globenewswire.com/NewsRoom/AttachmentNg/d1d84bd9-2d71-4193-b6e4-5097665e582e
https://www.globenewswire.com/NewsRoom/AttachmentNg/a44d5267-1c77-41e9-9ef9-e539bdbbffda
https://www.globenewswire.com/NewsRoom/AttachmentNg/471c940b-8055-4ca9-9379-a1373787acc4
https://www.globenewswire.com/NewsRoom/AttachmentNg/a17f7190-af4f-4deb-bc3a-1ad32b6f85f9
https://www.globenewswire.com/NewsRoom/AttachmentNg/fd3d066d-ccdb-4887-a210-1c67b50919ad
https://www.globenewswire.com/NewsRoom/AttachmentNg/bdf8cc63-4d84-4b73-939b-de2dd92dd1e2
https://www.globenewswire.com/NewsRoom/AttachmentNg/0c52aecc-c6c2-4e2a-8f22-e3eb226c718c
https://www.globenewswire.com/NewsRoom/AttachmentNg/f3156728-417b-4cfe-a5ca-1f9f8dcfd671
Map 1
Map 1: Macpass Project and Mactung Project locations
Map 2
Map 2: Location of 2023 Boundary Zone drillholes, cross sections and long section M–M’. See below for sections.
Map 3
Map 3: Mineralized intervals in 2023 drilling and pre-2023 drilling defining a stratiform laminated to massive sulphide zone that is connected at depth (purple polygon) and a broader envelope of vein, breccia, and other stratiform zinc mineralization, showing significant areal extent (within green dashed line).
Long Section M–M’
Long Section M–M’ – Estimated true thickness interpretation and selected intersections with zinc grades shown within the laminated to massive sulphide stratiform zone of pyrite-sphalerite-galena mineralization at Boundary Zone including midpoints of holes with assays pending. Halo vein and breccia mineralization is not included in this long section.
Cross Section C–C'
Cross Section C–C’ — Including analytical results for hole NB23-032 and visually confirmed mineralization for hole NB23-033
Cross Section J–J’
Cross Section J–J’ — Including analytical results for hole NB23-031
Cross Section K–K’
Cross Section K–K’ — Including analytical results for hole NB23-028 and visually confirmed mineralization for holes NB23-033, NB23-035, and NB23-037
Cross Section L–L’
Cross Section L–L’ — Including analytical results from Holes NB23-029 and NB23-029D1
Cross Section Q–Q’
Cross Section Q–Q’ — Including analytical results from Hole NB23-022 and NB23-022D1 as well as visually confirmed mineralization for hole NB23-038
Photo 1
Photo 1: High resolution core scanning image of stratiform and massive to semi-massive sulphide mineralization in NB23-028 (330.2 m to 340.1 m)
Photo 2
Photo 2: High resolution core scanning image of sphalerite-pyrite-siderite vein mineralization in NB23-029 (237.5 m to 247 m)
Photo 3
Photo 3: High resolution core scanning image of sphalerite-pyrite-galena-siderite breccia and massive sulphide mineralization in NB23-029 (598.4 m to 607.9 m)
2024 GlobeNewswire, Inc., source