Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

FWZ.V ·

Fireweed Begins Airborne Geophysics and LiDAR Program and Completes Drill Program

Exploration Programs

Page 1 of 2

NEWS RELEASE

September 25, 2017 TSXV: FWZ

Fireweed Begins Airborne Geophysics and LiDAR Program

and Completes Drill Program

Vancouver, British Columbia: FIREWEED ZINC LTD. (“Fireweed” or the “Company”) (TSXV: FWZ)

is pleased to provide an update on its exploration work at the Macmillan Pass Zinc Project in Yukon,

Canada.

Airborne Geophysics Program

A program of airborne geophys ics has begun on the Macmillan Pass Project. The purpose of the

geophysics program is to rapidly cover the entire area of the Tom and Jason claims as well as the southern

portion of the adjacent MAC claims with the objectives of helping to map critical subsurface geology and

identify drill targets for new discoveries and extens ions of known mineralizati on. The geophysics work

employs a state-of-the-art helicopter-borne Versa tile Time-Domain Electromagnetic (VTEM) system and

a high sensitivity magnetometer. Parallel lines are being flown at 100 meter spacing on a north-northeast

bearing for a total of about 1,000 line kilometers.

Airborne LiDAR Program

A program of airborne LiDAR (Light Detection and Ranging) surveying has begun on the project. The

purpose of the LiDAR survey is to produce a very accurate topographic map of the property for more

accurate mineral resource, engineering and mapping work as well as aid in the mapping of geological

features. High definition aerial photography is also being carried out during the survey to aid in

geological and engineering work.

Drilling Program

The 2017 drilling program of verification, metallurgical and step out holes has been completed with a

total of 2,202 meters in 14 drill holes. Results of th e first five holes reported wide, high-grade zinc-lead-

silver intersections including 10.20% Zinc, 6.28% Lead and 87.7 g/t Silv er over 24.4 meters true width

(see Fireweed news release dated Se ptember 12, 2017 for details). An additional nine holes have been

completed with seven from the Jason area and two fr om the Tom area. Drill results from these additional

holes will be reported as they are received and interpreted.

Future Plans – NI43-101 Mineral Resource and PEA

With the completion of the drilling and re-sampling of historic core completed, work on an updated

NI43-101 compliant mineral resource report for the Tom and Jason zones will integrate new assays from

the 2017 work as they are received. Completion of the report is expected by year end. After publication of

the updated mineral resource report, Fireweed plan s to undertake a NI43-101 compliant Preliminary

Economic Assessment to evaluate future mine pla nning, metallurgy and project economics. During the

coming months, Fireweed geologists will also be compiling and interpreting results of the mapping,

geochemistry and geophysics work carried out dur ing the 2017 field season toward identifying high

priority areas for continuing exploration toward new discoveries.

Page 2 of 2

The technical information in this news release h as been reviewed and approved by Brandon Macdonald,

P.Geo, a ‘Qualified Person’ as defined under Canadian National Instrument 43-101.

About Fireweed Zinc Ltd.: Fireweed Zinc is a new public mineral exploration company focused on zinc

and managed by a veteran team of mining industry professionals. This summer the Company is advancing

its Macmillan Pass Project where it has an option to acquire 100% of the Tom-Jason property in Yukon,

Canada which is host to the large, advanced Tom and Jason zinc-lead-silver deposits, and an option on the

adjacent large MAC claims which cover projected extensions of mineralization from the Jason area and

where previous exploration identified zinc, lead and silver geochemical anomalies in critical host

geology.

Additional information about Fire weed and its Macmillan Pass Proj ect, can be found on the Company’s

website at www.FireweedZinc.com and on SEDAR at www.sedar.com .

ON BEHALF OF FIREWEED ZINC LTD.

“Brandon Macdonald”

CEO & Director

Neither the TSX Venture Exchange nor its Regulation S ervices Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains “forward-looking” statem ents and information relating to the Company and the

Macmillan Pass Project that are based on the beliefs of Company management, as well as assumptions made by and

information currently available to Company management. Such statements reflect the current risks, uncertainties and

assumptions related to certain factors including but not limited to, without limitations, exploration and development

risks, expenditure and financing requirements, general economic conditions, changes in financial markets, the ability

to properly and efficiently staff th e Company’s operations, the sufficiency of working capital and funding for

continued operations, title matters, First Nations relati ons, operating hazards, political and economic factors,

competitive factors, metal prices, relationships with ve ndors and strategic partners, governmental regulations and

supervision, permitting, seasonality and weather, technol ogical change, industry practices, and one-time events.

Additional risks are set out in the Company’s prospectus dated May 9, 2017 and filed under the Company’s profile

on SEDAR at www.sedar.com. Should any one or more risks or uncertainties materialize or change, or should any

underlying assumptions prove incorrect, actual results an d forward-looking statements may vary materially from

those described herein. The Company does not undertake to update forward ‐looking statements or forward ‐looking

information, except as required by law.