Fireweed Drills 7.99% Zinc, 13.26% Lead and 166 g/t Silver over 12.41 m at Tom
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NEWS RELEASE
November 13, 2018 TSXV: FWZ
Fireweed Drills 7.99% Zinc, 13.26% Lead and 166 g/t Silver over 12.41 m at Tom West
Vancouver, British Columbia: FIREWEED ZINC LTD. (“Fireweed” or the “Company”) (TSXV: FWZ)
is pleased to announce further drill results from its 201 8 drill program on the Macmillan Pass Project in
Yukon, Canada.
Highlights
• Hole TS18 -012 intersected 8.43% Zinc, 3.23% Lead and 35 g/t Silver over 28.22 metres (true
width) in a hole drilled on the southern end of the Tom West Zone
• Hole TS18-014 intersected 7.99% Zinc, 13.26% Lead and 166 g/t Silver over 12.41 metres (true
width) in a hole drilled on the southern end of the Tom West Zone
• Additional drilling has been completed and assays are pending from the End Zone
New drill results are as follows:
TOM WEST DRILL RESULTS
Hole No. From
(metres)
To
(metres)
Interval
(metres)
Estimated True
Width (metres)
Zinc
(%)
Lead
(%)
Silver
(g/t)
TS18-012 228.80 278.00 49.20 28.22 8.43 3.23 35
Including 264.00 277.00 13.00 7.46 13.51 6.26 110
TS18-013 Exploration hole on geophysical target. No zone intersected.
TS18-014 142.30 158.50 16.20 12.41 7.99 13.26 166
Including 146.50 157.60 11.10 8.50 9.75 17.41 222
Including 146.50 149.50 3.00 2.30 23.76 8.38 150
Including 151.50 155.50 4.00 3.06 2.78 27.59 311
CEO Statement
Brandon Macdonald, CEO, stated “ We are encouraged that drilling in the Tom West Zone continues to
report much higher grades than historic holes due to better recoveries using modern drilling techniques
which are expected to lead to higher grade tonnage blocks in this part of the deposit in the next mineral
resource calculation. Next, we look forward to our first drill results from the End Zone which is a third
zinc system located northwest of the Jason Deposit. End Zone was not included in the current mineral
resource published earlier th is year and these will be the first holes Fireweed has drilled to test End
Zone.”
Drill hole TS18-012 was drilled in the Tom West Zone and intersected both laminated sphalerite-galena-
barite mineralization and high grade feeder proximal mineralization with massive galena, sphalerite,
pyrite, and pyrrhotite.
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Drill hole TS18 -013 was an exploration hole drilled between Tom East and Tom Southeast targeting a
geophysical anomaly on a possible extension to the Tom East horizon. This hole did not intersect the
mineralized horizon.
Drill hole TS18 -014 was drilled in the Tom W est Zone approximately 30m south of hole TS18-012 and
intersected both massive and laminated sulphide similar to hole TS18-012.
Drill holes TS18 -012 and 014 were drilled in an area that was previously drilled in 1970 from
underground exploration drifts using small diameter core (30.1 mm AX) with significant intervals of core
loss and poor recovery resulting in unrepresentative low grade results. Modern triple -split tube drilling in
2018 ensured that recoveries were excellent within the reported intersections: 86.8% and 98.5% average
recovery in holes TS18-012 and TS18-014, respectively.
Assay results from additional drill holes at the End Zone are still pending (see table at end of this news
release).
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 are all HQ3 (split tube) size core
(61.1mm / 2.4-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 metres 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. Intersections selected for metallurgical testing are cut in half with a
rock saw and then quartered; one quartered core is archived on site, one quartered core is sent for assay,
and the half -core is sent for metallurgical testing. A total of 5% assay standards and 5% blanks are
inserted into every sample shipment as a quality control measure and, after analyses were received, 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 and 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.
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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 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 Na tions 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 uncertai nties 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 this release
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 this release
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. Zone intersected. Samples submitted to laboratory. Assays pending.
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.