Northwire Canada EditionFriday, August 14, 2026
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NPK 0.870 +1.2% GRZ 6.26 −1.4% AVL 5.23 +3.0% TSLV 0.085 −5.6% MPVD 0.015 +0.0% DNG 6.61 +0.0% GLO 0.610 −4.7% CTGO 27.39 +0.5% SKE 45.73 −1.1% MTA 12.63 −0.7% VMET 14.15 +1.8% IMM 0.065 +0.0% LMCU 9.60 −1.9% EFF 0.025 −16.7% AYA 37.44 −4.2% MDM 0.060 +0.0% NPK 0.870 +1.2% GRZ 6.26 −1.4% AVL 5.23 +3.0% TSLV 0.085 −5.6% MPVD 0.015 +0.0% DNG 6.61 +0.0% GLO 0.610 −4.7% CTGO 27.39 +0.5% SKE 45.73 −1.1% MTA 12.63 −0.7% VMET 14.15 +1.8% IMM 0.065 +0.0% LMCU 9.60 −1.9% EFF 0.025 −16.7% AYA 37.44 −4.2% MDM 0.060 +0.0%
Technical Study Routine +

Fireweed to complete updated FS for Mactung

Fireweed Formalizes Mactung Feasibility Team as U.S. Defense Funding De-risks World-Class Tungsten Asset

By The Northwire Desk — AI Analysis Mar 09, 2026 · 17:27 FWZ · 4.2 Fireweed Metals Corp.
Executive Summary

The most recent news (March 9, 2026) announces that Fireweed Metals has engaged a suite of international consultants (Wood, SLR, Ausenco, Worley, Knight Piesold, and Lorax) to complete an updated Feasibility Study (FS) for the Mactung Tungsten Project. This follows a successful 2025 field season. The FS is expected to be completed in early 2027, supporting mine license applications later that year. Notably, this work is supported by a U.S. Department of Defense (DPA Title III) award announced in late 2024.

Material Impact
  • Operational Progression: This is a logical and expected step following the 2025 drilling program. While "Routine - Positive" because it follows the previously announced strategy, the caliber of the consultants (e.g., Ausenco, Wood) signals a high level of technical rigor.
  • Strategic De-risking: The project is significantly de-risked by the U.S. Department of Defense funding ($22.5M CAD award), which covers a substantial portion of the feasibility costs. This reduces the immediate dilutive burden on shareholders for this specific workstream.
  • Timeline Clarity: The market now has a firm target (early 2027) for the FS and subsequent permitting.
  • Social License: The February 2026 agreement with the Ross River Dena Council (RRDC) is a critical precursor to this FS, ensuring that the engineering designs incorporate Indigenous-led assessment processes (TAP), reducing future litigation or permitting delay risks.
FWZ · Price
Company Overview

Fireweed Metals is a leading explorer and developer of critical minerals in the Yukon and NWT, Canada. - Mactung (Tungsten): The world’s largest high-grade tungsten deposit. Currently in the Feasibility stage. - Macpass (Zinc-Lead-Silver): A district-scale project including the Tom and Jason deposits. Recent drilling at Tom South has returned "game-changing" grades (e.g., 30m true width at 33.2% ZnEq). - Gayna (Zinc-Lead-Silver-Gallium-Germanium): An earlier-stage but high-potential project testing new geological models.

Read the original news release →

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Aug 10, 2026 · 21:26

Tom South step-out delivers 30 m of 8.09% ZnEq, a solid result that falls short of prior bonanza-grade holes.

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Fireweed Metals Commences 2026 Field Program

Drill Results Jun 03, 2026 · 08:49

Fireweed secures $61.5m in strategic funding to advance the mactung feasibility study as critical metals supply chains tighten.

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Drill Results Apr 02, 2026 · 19:44

Fireweed Metals closes $61.46-million private placement

Financings Apr 02, 2026 · 16:05

Advancing a district-scale critical minerals portfolio in Northern Canada with Tier-1 strategic backing.

Financings