Fireweed Metals Wins Robert E. Leckie Award for Responsible and Innovative Exploration and Mining Practices
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NEWS RELEASE
November 19, 2024 TSXV: FWZ
OTCQX: FWEDF
FSE: M0G
Fireweed Metals Wins Robert E. Leckie Award for Responsible and Innovative
Exploration and Mining Practices
Vancouver, British Columbia: FIREWEED METALS CORP. (“Fireweed” or the “ Company”)
(TSXV: FWZ; OTCQX: FWEDF) is pleased to be awarded the 2024 Robert E. Leckie Award for
Responsible and Innovative Exploration and Mining Practices by the Yukon Government.
Highlights
• Innovative Exploration Techniques: The use of muon tomography imaging and
directional drilling optimizes drill targeting and minimizes surface disturbance, reducing
potential environmental effects of exploration.
• Renewable Energy Initiatives: Through a partnership with Dena Nezziddi Development
Corporation based in Ross River, Yukon, and Solvest Inc., Fireweed has introduced solar
power with battery storage at its Sekie Camp, lowering greenhouse gas emissions and
decreasing reliance on carbon-intensive energy sources.
• Community Collaboration & Engagement : Fireweed actively engages with local
communities and supports community-focused initiatives, which fosters relationships that
support sustainable development and shared benefits from exploration activities.
CEO Statement
Peter Hemstead, President and CEO, stated, “I would like to extend my gratitude to the selection
committee and to commend our entire team -- including our local partners and industry
collaborators -- for their continued dedication and hard work. Innovation and sustainability are key
to the future of responsible mineral exploration in the Yukon, and we are proud to be recognized
for being at the forefront of these efforts."
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The Robert E. Leckie Award is presented in two categories each year : one special award for
“Responsible and Innovative Exploration and Mining Practices” may be presented to an
exceptional quartz (hard-rock) or placer operation and up to two awards for “Excellence in
Environmental Stewardship” (one for quartz and one for placer operations). The awards selection
committee comprises representatives from the Council of Yukon First Nations, the Yukon
Chamber of Mines, the Klondike Placer Miner’s Association, and the Energy, Mines, and
Resources branch of the Government of Yukon. The Robert E. Leckie Award for Responsible and
Innovative Exploration and Mining Practices was presented to Fireweed on November 18 at the
Yukon Geoscience Forum in Whitehorse, Yukon.
Innovations in Exploration
Fireweed is setting a new standard for sustainable exploration with its application of muon
tomography imaging, in partnership with Ideon Technologies (“Ideon”), who developed the
subsurface imaging solution for mining applications . This advanced downhole geophysical
technique utilizes muons – sub-atomic particles generated by the interaction of cosmic rays with
the Earth’s upper atmosphere – to map and model density contrasts deep underground.
Together, Ideon and Fireweed successfully deployed the largest muon tomography imaging
program north of 50°N , at Macpass in September 2024. The objective of the deployment is to
identify new potential mineralized zones and support targeted drilling in future years . By
identifying high-priority drill targets without extensive exploratory drilling, Fireweed can reduce
surface disruption and overall exploration footprint.
Figure 1: The Fireweed and Ideon team after a successful deployment of muon tomography in
September 2024.
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Complementing this approach, Fireweed has used directional drilling to further mitigate
environmental impact and increase drilling cost efficiency. Directional drilling allows multiple
drillholes to splay off a primary hole. This greatly reduces the number of drill pads needed as well
as saving fuel, materials, and person-days. This technique allows Fireweed to reduce the physical
footprint of its drill program and yet test the desired drill targets.
Environmental Stewardship and Meaningful Community Engagement
Aligned with its environmental sustainability approach, Fireweed has partnered with Dena
Nezziddi Development Corporation and Solvest Inc. to integrate solar power with battery storage
at its Sekie Camp, providing a renewable energy source for its operations. The use of solar energy
significantly decreases reliance on fossil fuels and reduces greenhouse gas emissions.
Figure 2: An example of a directional drill hole with many
directional cuts.
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In addition to its environmental initiatives, Fireweed prioritizes meaningful community
engagement and community-focused opportunities, ensuring that exploration activities provide
benefits locally. Through partnerships with local communities and vendors , Fireweed fosters
practices that respect the region’s natural environment while supporting local priorities , such as
health, education, culture, and economic development. Due to their emphasis on strong local
partnerships, Fireweed is pleased to have many returning community members work on the
project, year after year. This commitment to community-oriented practices highlights Fireweed’s
holistic approach to responsible resource development.
Figure 3: Completed installation of solar panel array as part of a collaboration with Solvest and
Dena Nezziddi Development Corporation.
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The Robert E. Leckie Award recognizes Fireweed’ s efforts toward responsible and innovative
exploration in the Yukon. The Company’s approach not only supports technological innovation
and environmental stewardship but also strengthens local communities, demonstrating a
balanced vision for modern resource development. Fireweed is grateful for the opportunity to
contribute to the Yukon’s future of sustainable resource development.
Robert E. Leckie
Robert “Bob” E. Leckie (1957-1999) was a geographer and mining inspector who relocated from
Alberta to the Yukon’s Mayo Mining District, where he served from 1987 until 1999. His legacy
reflects a strong dedication to innovation, fostering collaboration between government and
industry, and advancing forward-thinking land use practices in mining and reclamation.
Qualified Person Statement
Technical information in this news release has been reviewed and approved by Fireweed Senior
Geologist, Ian Carr, P.Geo. (BC), a ‘Qualified Person’ as defined under Canadian National
Instrument 43-101. Mr. Carr is not independent of the Company in accordance with NI 43-101.
About Fireweed Metals Corp.
Fireweed is an exploration company focused on unlocking value in a new critical metals district
located in Northern Canada. Fireweed is 100% owner of the Macpass District, a large and highly
prospective 977 km2 land package. The Macpass District includes the Macpass zinc -lead-silver
project and the Mactung tungsten project. A Lundin Group company, Fireweed is strongly
positioned to create meaningful value.
Fireweed trades on the TSX Venture Exchange under the trading symbol “FWZ”, on the OTCQX
Best Market under the symbol “FWEDF”, and on the Frankfurt Stock Exchange under the trading
symbol “M0G”.
Figure 4: Scanning technicians and core cutters take a moment to appreciate their handiwork.
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Additional information about Fireweed and its projects can be found on the Company’s website
at FireweedMetals.com and at www.sedarplus.com
ON BEHALF OF FIREWEED METALS CORP.
“Peter Hemstead”
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.
Cautionary Statements
Forward Looking Statements
This news release contains “forward- looking” statements and information (“forward- looking statements”).
All statements, other than statements of historical facts, included herein, including, without limitation,
statements relating to interpretation of drill results, targets for exploration, potential extensions of
mineralized zones, future work plans, the use of funds, and the potential of the Company’s projects, are
forward looking statements. Forward-looking statements are frequently, but not always, identified by words
such as "expects”, "anticipates”, "believes”, "intends”, "estimates”, "potential”, "possible”, and similar
expressions, or statements that events, conditions, or results "will”, "may”, "could”, or "should” occur or be
achieved. Forward -looking statements are based on the beliefs of Company management, as well as
assumptions made by and information currently available to Company management and reflect the beliefs,
opinions, and projections on the date the statements are made. Forward-looking statements involve various
risks and uncertainties and accordingly, readers are advised not to place undue reliance on forward-looking
statements. There can be no assurance that such statements will prove to be accurate, and actual results
and future events could differ materially from those anticipated in such statements. Important factors that
could cause actual results to differ materially from the Company's expectations include but are not limited
to, exploration and development risks, unanticipated reclamation expenses, 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,
uncertainties involved in the interpretation of drilling results and laboratory tests, and one-time events. The
Company assumes no obligation to update forward ‐looking statements or beliefs, opinions, projections or
other factors, except as required by law.
Contact: Alex Campbell
Phone: +1 (604) 689-7842
Email: [email protected]