Fireweed Zinc Ltd.
Drill results from mineral exploration programs in Canada's Yukon Territory this year are beginning to roll in as numerous companies wind down 2021 field operations in what some describe as one of the busiest mining seasons in years.
Coming on the heels of an eight-year capital market down-cycle, plus a 2020 season burdened with operating restrictions due to the COVID-19 pandemic, the current season is bringing more upbeat challenges to Canada's Far North typically associated with brighter days in the mining sector, such as shortages of drill rigs and skilled workers.
One sector already filing reports of encouraging results from 2021 exploration is base metal and silver projects.
New zone at Macmillan Pass
Fireweed Zinc Ltd., a junior chasing base metal and silver deposits in eastern Yukon, Sept. 16 reported results from a second hole drilled this season in the Boundary West area at its district-scale 940-square-kilometer (363 square miles) Macmillan Pass zinc-lead-silver project.
Three distinct zones of zinc-lead-silver mineralization were intersected in the step-out hole at Boundary West, including a newly discovered zone of high-grade laminated stratiform mineralization similar in style to the Tom and Jason deposits that host the resources at Macmillan Pass. The new stratiform zone graded 23.77% zinc, 3.44% lead, and 75.7 g/t silver over 10.42 meters within a broader zone of 9.91% zinc, 1.64% lead, and 39.6 g/t silver over 32.99 meters.
Massive to...
Read Full Story: https://www.miningnewsnorth.com/story/2021/10/01/news/base-metals-projects-post-strong-results/7009.html
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