Core tents at Fireweed’s Macpass camp in Yukon. Credit: Fireweed Metals
Fireweed Metals’ (TSXV: FWZ) shares jumped to an all-time high this week on drill results at its Macpass project in Yukon that extended a zone of high-grade zinc mineralization in massive sulphides in a 115-metre step-out hole.
Highlight hole TS25-001D1 in the Tom deposit cut 54.8 metres grading 18.2% zinc, 13.9% lead and 161 grams silver per tonne from 892 metres depth, including 40.4 metres at 22.4% zinc, 17.7% lead and 208.2 grams silver, the company reported on Tuesday. Another interval in that hole cut 12.8 metres grading 24.9% zinc, 32% lead and 371 grams silver.
“It’s only one hole, but the most recent result from Tom South provides a high-grade target that could represent a feeder zone to the system,” Haywood Capital Markets analyst Pierre Vaillancourt said in a note on Friday. “This mineralization…
