Fireweed Begins Drilling on Macmillan Pass Zinc Project
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NEWS RELEASE
June 26, 2018 TSXV: FWZ
Fireweed Begins Drilling on Macmillan Pass Zinc Project
Vancouver, British Columbia: FIREWEED ZINC LTD. (“Fireweed” or the “Company”) (TSXV: FWZ)
is pleased to announce that drilling has begun on the Macmillan Pass Zinc Project in Yukon, Canada. The
first two drills have now begun drilling step out hole s south of the Tom West Zone targeting the
projection of high-grade mineralization wi th the intention of expanding Mineral Resource s. A third drill
will start up over the next two weeks as mobilization of crews, drill s and supplies into camp continues
and camp facilities are expanded.
Drilling Plans
A 10,000 meter drill program carried out by three drills is planned for the 2018 season with three main
goals:
• Expand known zones through step out drill holes to build tonnage beyond the already substantial
Mineral Resources (see Fireweed news release dated January 10, 2018 for details); all zones
remain open for expansion
• Upgrade priority zones to Measured and Indicated categories to de-risk key parts of the Mineral
Resources
• Drill new exploration targets toward discovery of entirely new deposits on the large land package
Details and sections for some of these drill targets are illustrated in the current Company presentation at
www.FireweedZinc.com .
Exploration for New Discoveries
Field work began on the property several weeks ago (see Fireweed news release dated June 5, 2018) with
sampling and surveying orientation grids to optimize exploration methodologies . To date, approximately
2,400 geochemical samples have been collected in the immediate Tom and Jason deposi t areas with plans
to sample the End Zone area next. Ground geophysics , including gravity and passive seismics, has been
completed over Jason and is now in progress at Tom. Mapping and prospecting have also begun. When
field work on these priority deposit areas has been completed, results and methods will be interpreted and
assessed, and field work will continue in search of new discoveries.
The 2018 field exploration work is driven by modern exploration concepts . The program will utilize:
extensive geological mapping; prospecting; geochemical surveys including stream sediment, soil and rock
sampling surveys; and ground gravity surveys. The survey accuracy of the data collected will be ensured
with topographic airborne Light Detection and Ranging ( LiDAR) and ground Differential GPS (DGPS)
survey control methods. In total, a crew of 45 persons will be in camp to carry out the extensive work
program.
Brandon Macdonald, CEO, stated “ With a healthy treasury , we are planning to both drill to expand and
upgrade our mineral resource and carry out aggressive exploration toward making new discoveries. We
have assembled a very large under -explored land package in a district known for producing large zinc
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deposits. Our field work will cover untested priority target s and greenfields exploration areas in search of
new discoveries, some of which we hope will be ready to drill later this season.”
Technical information in this news release has been reviewed and approved by Brandon Macdonald,
P.Geo, CEO and a ‘Qualified Person’ as defined under Canadian National Instrument 43-101.
About Fireweed Zinc Ltd. (TSXV:FWZ): Fireweed Zinc is a public mineral exploration company
focused on zinc and managed by a veteran team of mining industry professionals. The Compa ny is
advancing its large 470 km2 Macmillan Pass Project in Yukon, Canada, which is host to the 100% owned
Tom and Jason zinc-lead-silver deposits with recently announced new Mineral Resources and a PEA
economic study (see Fireweed news releases dated January 10, 2018 and May 23, 2018 respectively for
details). The project also includes option agreements on large blocks of adjacent claims (MAC, MC, MP,
Jerry, BR and NS) which cover projected extensions of mineralizatio n from the Jason area and areas
where previous exploration identified zinc, lead and silver geochemical anomalies in critical host
geology.
Additional information about Fireweed Zinc and its Macmillan Pass Project, can be found on the
Company’s website at www.FireweedZinc.com and at www.sedar.com .
ON BEHALF OF FIREWEED ZINC LTD.
“Brandon Macdonald”
CEO & Director
Neither the TSX Venture Exchange nor its Regulation Services 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 may contain “forward-looking” statements and informat ion 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 a nd 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, relationsh ips with vendors and strategic partners, governmental regulations and
oversight, permitting, seasonality and weather, technological 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 and 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.