Fireweed Drills 4.56% Zinc, 17.34% Lead, and 145 g/t Silver over 8.6 m at End Zone
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NEWS RELEASE
November 15, 2018 TSXV: FWZ
Fireweed Drills 4.56% Zinc, 17.34% Lead, and 145 g/t Silver over 8.6 m at End Zone
Vancouver, British Columbia: FIREWEED ZINC LTD. (“Fireweed” or the “Company”) (TSXV: FWZ)
is pleased to announce the results from its first drill hole at the End Zone on the Macmillan Pass Project
in Yukon, Canada.
Highlights
• Hole EZ18-001 intersected 4.56% Zinc, 17.43% Lead and 145 g/t Silver over 8.6 metres (true
width) in a hole drilled in the middle of the End Zone mineralization.
• End Zone was discovered and saw limited drilling in 1979- 81 and 1991. This new hole EZ18-001
is the first drill hole in the area since 19 91 and confirms the high- grade nature of the
mineralization at End Zone.
• Additional drilling including step out holes have been completed and assays are pending
New drill results are as follows:
END ZONE DRILL RESULTS
Hole No.
From
(metres)
To
(metres)
Interval
(metres)
Estimated True
Width (metres)
Zinc
(%)
Lead
(%)
Silver
(g/t)
EZ18-001 51.87 64.03 12.16 8.60 4.56 17.34 145
Including 53.94 58.22 4.28 3.03 7.52 24.74 223
Drill hole EZ18-001 was drilled in the middle of the End Zone to confirm historic results and intersected
massive, high grade, feeder proximal mineralization similar in nature to the high grade, feeder proximal
mineralization intersected at the Tom East and Tom West zones drilled this year (see recent Fireweed
news releases). Mineralization at the End Zone consist s of massive galena, sphalerite, pyrite and
pyrrhotite, and is located within the “Fertile Corridor”, a geolog ic trend of favourable host rocks which
also host the large nearby Tom and Jason deposits as well as the Boundary zinc zone to the west (see map
attached to this news release).
Assay results from additional drill holes at the End Zone are pending (see table at end of this news
release).
CEO Statement
Brandon Macdonald, CEO, stated “When End Zone was discovered in 1979 , it saw only limited
exploration trenching and drilling because of its location close to the old Jason claim boundary. Today,
Fireweed owns all the claims in the area and without concerns over proximity to the claim boundary we
began exploration of End Zone and surrounding area during the 2018 drilling and field exploration
program. We look forward to more drill results from End Zone in the coming weeks and to future results
from exploration of the entire ‘Fertile Corridor’ whic h is highly prospective for material zinc
mineralization.”
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Notes on sampling and assaying:
The drill core logging and sampling program is carried out under a rigorous quality assurance / quality
control program using industry best practices. Drill intersections in this release are all NQ3 (split tube)
size core ( 45mm / 1.77-inch diameter) with recoveries typically above 85%. After drilling, the core is
logged for geology, structure and geotechnical characteristics, marked for sampling, and photographed on
site. The cores for analyses are marked for sampling based on geological intervals with individual
samples 1.5 meters or less in length. The core is cut in half lengthwise with a rock saw at the core facility
on site, with half-core samples bagged and sent by reliable transport to the laboratory, and the other half -
cores are stored on site for future reference. A total of 5% assay standards and 5% blanks are inserted into
every sample shipment as a quality control measure and, after analyses were rec eived, were found to be
acceptable. Samples are sent to the Bureau Veritas (formerly Acme Labs) preparation laboratory in
Whitehorse, Yukon where the samples are crushed and pulverized to 85% passing 200 mesh size pulps. A
250-gram split of each pulp is then sent to the Bureau Veritas laboratory in Vancouver, B.C. and analyzed
by 1:1:1 Aqua Regia digestion followed by Inductively Coupled Plasma Mass Spectrometry (ICP -
ESI/ICP-MS) multi-element analyses (BV Code AQ270). All samples are also analyzed by lithium borate
fusion and X -ray fluorescence analysis (XRF) finish (BV Code LF725). Over-limit Pb (>25.0%) and Zn
(>24.0%) were analyzed by lithium borate fusion with XRF finish (BV Code LF726). Silver is reported in
this news release by method AQ270, and zinc and lead are reported by LF725 or LF726. Bureau Veritas
(Vancouver) is an independent, international ISO/IEC 17025:2005 accredited laboratory.
Technical information in this news release has been approved by Gilles Dessureau, P.Geo, Vice President
Exploration 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 Company is
advancing its large 544 km2 Macmillan Pass Project in Yukon, Canada, which is host to the 100% owned
Tom a nd Jason zinc -lead-silver deposits with recently announced Mineral Resources and a PEA
economic study (see Fireweed news releases dated January 10, 2018 and May 23, 2018 respectively and
reports filed on www.sedar.com for details) as well as the Boundary Zone and End Zone which have
significant zinc-lead-silver mineralization drilled but not yet classified as mineral resources. The project
also includes option agreements on large blocks of adjacent claims (MAC, MC, MP, Jerry, BR and NS)
which cover exploration targets in the district where previous work 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.
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Forward-Looking Statements
This news release may contain “forward-looking” statements 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 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, relationships 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.
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Appendix to Fireweed Zinc news release dated November 2018.
Macmillan Pass 2018 Drilling Summary
Hole No. Zone Drill Target Results
TS18-001 Tom West Step out hole at south end of Tom West Zone No zone intersected. Intersected fault where zone was projected*.
TS18-002 Tom West Step out hole at south end of Tom West Zone Assays reported in earlier news release on October 10, 2018
TS18-003 Tom West Step out hole at south end of Tom West Zone Assays reported in earlier news release on October 10, 2018
TS18-004 Tom East Step out hole below Tom East Zone Assays reported in earlier news release on September 20, 2018
TS18-005 Tom West Tom West infill to test zone of historic poor recovery Assays reported in earlier news release on October 10, 2018
TS18-006 Tom West Step out hole at south end of Tom West Zone No zone intersected. Intersected fault where zone was projected*.
TS18-007 Tom West Infill hole at north end of Tom West Zone. Assays reported in earlier news release on October 10, 2018
TS18-008 Tom West Tom West infill to test zone of historic poor recovery Assays reported in earlier news release on October 10, 2018
TS18-009 Tom West Step out hole at north end of Tom West Zone. No significant intersection. Intersected fault where zone was projected.
TS18-010 Tom East Infill hole in Tom East Zone Assays reported in earlier news release on October 31, 2018
TS18-011 Tom West Infill hole at north end of Tom West Zone. Assays reported in earlier news release on October 31, 2018
TS18-012 Tom West Tom West infill to test zone of historic poor recovery Assays reported in earlier news release on November, 13 2018
TS18-013 Tom area exploration target Test of exploration target east of Tom West Zone No significant intersection
TS18-014 Tom West Infill hole at south end of Tom West Zone Assays reported in earlier news release on November, 13 2018
JS18-001 Jason South Step out hole up-dip of Jason South No zone intersected. Drill hole passed between two projected zones in a fault
EZ18-001 End Zone Infill hole to confirm historic drill results. Assays reported this release
EZ18-002 End Zone Step out hole to extend End Zone. Zone intersected. Samples submitted to laboratory. Assays pending.
EZ18-003 End Zone Step out hole to extend End Zone. Zone intersected. Samples submitted to laboratory. Assays pending.
EZ18-004 End Zone Step out hole to extend End Zone. Zone intersected. Samples submitted to laboratory. Assays pending.
EZ18-005 End Zone area exploration target Test of exploration target 200m west of End Zone No significant intersection
Notes:
* A historic 1990 drill hole intersected a wide section of the Tom West Zone (14.1% Zn across 14.6m) on the other side of this fault at depth
(see www.FireweedZinc.com, Presentation, Slide 17).
These 2018 drillholes will allow precise location of this fault in planning future drilling of the Tom West Zone on the other side of this fault.