Fireweed Intersects 30 m True Width of 33.2% Zinc Equivalent in 115 m Step-Out at Tom South
Executive Summary
- Fireweed reported a spectacular 30 m true width (54.8 m intersected) of 33.2% ZnEq mineralization in hole TS25‑001D1 at Tom South, including a 7 m interval grading 59.6% ZnEq – among the highest grades ever intersected on the Macpass Project.
- Additional step‑out and infill drilling at Tom West (holes TS25‑002 / TS25‑002D1) returned wider, higher‑grade zones than predicted, confirming the robustness of the geological model.
- The company has mobilized a sixth drill rig to peak season capacity (~150 personnel), completed the Mactung program, and continues aggressive drilling at Tom and regional targets, positioning the project for a feasibility study by year‑end.
Key Details
- Hole TS25‑001D1 (Tom South) – 30 m true width of 33.23% ZnEq (18.20% Zn, 13.93% Pb, 161 g/t Ag) from 891.6 m depth.
- Includes 22 m @ 41.69% ZnEq (40.43 m intersected).
- Includes 7.0 m @ 59.60% ZnEq (12.83 m intersected).
- Includes 3.9 m @ 47.33% ZnEq (7.10 m intersected).
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Critical Minerals: Significant germanium and gallium concentrations accompany the zinc‑lead‑silver mineralization (see Table 1).
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Hole TS25‑002 (Tom West – primary) – 80 m true width @ 5.45% ZnEq (5.24% Zn, 0.23% Pb, 1.2 g/t Ag).
- Hole TS25‑002D1 (Tom West – infill) – 83 m true width @ 5.75% ZnEq (5.55% Zn, 0.21% Pb, 1.6 g/t Ag).
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Includes 8.4 m @ 9.01% ZnEq and 18 m @ 9.10% ZnEq high‑grade intervals.
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Drill Program Update – Six rigs now operating (peak capacity ~150 staff).
- Mactung program completed: ~11,300 m drilled for infill, geotechnical, hydrogeological and metallurgical work to support a feasibility study by year‑end.
- Macpass program continues with two rigs targeting additional high‑grade step‑outs at Tom; regional exploration (gravity, soil/rock sampling) now finished.
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Gayna project drilling also completed.
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Qualified Person: Results reviewed and approved by Senior Geologist Ian Carr, P.Geo., a NI 43‑101 Qualified Person.
Notable Quotes
“The impressive width and grade of the intersection at Tom South demonstrates that the zone thickens and remains open down‑dip… positioning this hole amongst the most significant in the project's history.” – Ian Gibbs, President & CEO
All forward‑looking statements are subject to risks and uncertainties; see full release for details.