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Fireweed Intersects 118.0 m of 15.1% Zinc, 2.8% Lead, and 85.8 g/t Silver and also 82.5 m of 11.9% Zinc, 2.2% Lead and 81.2 g/t Silver: Multiple Zones of High-Grade Mineralization In Single Drillhole

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  • A number of vast, high-grade zones of zinc-lead-silver mineralization have been intersected in a stratiform, laminated to large sulphide zone at Boundary Zone, a part of an in depth sediment-hosted large sulphide system.
  • NB23-007 intersected an higher zone of 82.5 m (15 m true width) of 11.9%, zinc 2.2% lead and 81.2 g/t silver, together with 27.03 m (4.9 m true width) of 26.7% zinc, 4.2% lead, and 165.2 g/t silver.
  • NB23-007 additionally intersected a separate, decrease zone of 118 m (40 m true width) grading 15.1% zinc, 2.8% lead, and 85.8 g/t silver together with 77.07 m (26 m true width) of 18.7% zinc, 3.5% lead, and 101.4 g/t silver.
  • NB23-004 intersected 33.43 m (22 m true width) of 8.0% zinc, 2.0% lead, and 59.2 g/t silver, together with 13.88 m (9.1 m true width) of 12.6% zinc, 3.7% lead, and 99.4 g/t silver.
  • Assays are pending for down-dip, step-out intersections of large sulphide with intersected thicknesses between 25 m and 140 m, and extra drilling is underway the place the zone stays open at depth.

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VANCOUVER, British Columbia, Aug. 22, 2023 (GLOBE NEWSWIRE) — FIREWEED METALS CORP. (“Fireweed” or the “Firm”) (TSXV: FWZ; OTCQB: FWEDF) is happy to report further assay outcomes from its 2023 exploration on the Macmillan Cross Undertaking, Yukon, and supply an replace from its largest ever drill program.

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CEO Assertion

Brandon Macdonald, CEO, said, “In our largest discipline season ever, we proceed to hit spectacular grade and widths of mineralization at Boundary Zone. The outcomes from NB23-007 embrace two intersections which proceed to display the world-class potential of mineralization at Boundary Zone. These outcomes present continuity with, and even eclipse NB22-002, previously Fireweed’s best-ever drillhole, when it comes to grade and size of mineralization.”

Outcomes from the Boundary Feeder Zone Goal

Following up on drilling from 2022 and the preliminary outcomes of the 2023 program which focused a niche within the drilling between two of Fireweed’s best-ever drillholes at Boundary Zone, NB22-002 and NB22-023 (see Fireweed information releases dated June 22, 2023, November 22, 2022, and March 2, 2023), Fireweed has continued to check the high-grade feeder zone goal that’s interpreted to happen as at the very least one stratiform layer inside a sediment hosted large sulphide system. Each the preliminary outcomes from 2023 in addition to these from 2022 intersected very vast, high-grade zones and display continuity of the mineralized system.

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Desk 1: Assay outcome highlights for holes of the 2023 drilling program, Boundary Zone.

Drillhole Interval From
(m)
To (m) Interval
Width (m)
Est. True
Width (m)
Zinc
(%)
Lead
(%)
Silver
(g/t)
Bulk Density
(t/m
3)
NB23-004 Major 267.92 301.35 33.43 22 8.0 2.0 59.2 3.57
NB23-004 Together with 267.92 281.8 13.88 9.1 12.6 3.7 99.4 4.29
NB23-004 >together with 268.8 277.06 8.26 5.4 14.9 4.5 124.8 4.47
NB23-005 Major 139.75 165 25.25 22 6.4 0.7 31.9 3.24
NB23-005 >together with 150.5 160 9.5 8.3 12.2 1.3 66.9 3.65
NB23-006 Major 102.2 140.9 38.7 N/A 5.6 0.0 6.7 2.83
NB23-006 >together with* 121.36 123.46 2.1 N/A 30.7 0.1 38.8 3.62
NB23-007 Major 170.7 253.2 82.5 15 11.9 2.2 81.2 3.15
NB23-007 >together with 180.89 207.92 27.03 4.9 26.7 4.2 165.2 3.49
NB23-007 Major 308.9 426.9 118 40 15.1 2.8 85.8 4.04
NB23-007 >together with 313.7 325.03 11.33 3.8 15.0 3.7 96.1 4.21
NB23-007 >together with 332.3 409.37 77.07 26 18.7 3.5 101.4 4.00
NB23-008 Major 242.2 286.9 44.7 N/A 6.5 0.2 9.6 3.48
NB23-008 >together with 252 268.3 16.3 N/A 10.3 0.2 11.3 3.64
NB23-008 Major 323.7 359.1 35.4 N/A 5.2 0.1 8.8 3.49
NB23-008 >together with 327.5 339 11.5 N/A 10.7 0.2 13.5 3.75

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* Denotes intervals with core restoration of lower than 85%

Fireweed has efficiently intersected pyrite-sphalerite-galena as stratiform large sulphides, laminated mineralization, alternative mineralization, veins, and breccias within the 2023 step-outs. Zinc mineralization has been intersected in each step-out gap that has been accomplished to depth at each Boundary Zone and the Tom deposit. Assays have been obtained for the primary eight holes, with holes NB23-004, NB23-005, NB23-006, NB23-007, and NB23-008 reported on this information launch (Tables 1 and a couple of, with two minor intervals with assays pending on the finish of holes NB23-006 and NB23-008) together with transient logging summaries for a further 34 holes which have examined targets at Tom and Boundary Zone (Desk 3).

  • Gap NB23-007 intersected a decrease interval of 118 m grading 15.1% zinc, 2.8% lead, and 85.8 g/t silver that demonstrates continuity of grade with the distinctive outcomes from NB22-002, in addition to an higher interval comprising 82.5 m of large sulphide grading 11.9% zinc, 2.2% lead, and 81.2 g/t silver. The higher and decrease stratiform large sulphide zones had been intersected at a low angle to bedding and have estimated true widths of roughly 15 m and 40 m, respectively.
  • Gap NB23-004 intersected two intervals of sphalerite and galena mineralization, with a 33.43 m intersection (22 m true width) correlated with the stratiform layer of mineralization grading 8.0% zinc, 2.0% lead, and 59.2 g/t silver and a 20.49 m intercept of vein and alternative model sulphides grading 4.9% zinc.
  • Gap NB23-006 intersected two zones, a 32.65 m (16 m true width) intercept of laminated sulphides grading 4.4% zinc and 12.4 g/t silver, and a 38.7 m interval of vein and alternative mineralization grading 5.6% zinc and 6.7 g/t silver.
  • Gap NB23-005 intersected a 25.25 m (22 m true width) interval of semi-massive, laminated and stratiform sulphide containing 6.4% zinc, 0.7% lead, and 31.9 g/t silver together with 9.5 m (8.3 m true width) of 12.2% zinc, 1.3% lead, and 66.9 g/t silver.
  • Gap NB23-008 intersected a 44.7 m interval of volcanic hosted semi-massive sulphide containing 6.5% zinc and 9.6 g/t silver, together with 16.3 m of 10.3% zinc, and 11.3 g/t silver. This gap contained one other interval of 35.4 m of vein-mineralization grading 5.2% zinc, and eight.8 g/t silver, together with 11.5 m of 10.7% zinc, and 13.5 g/t silver (see Picture 1).

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See Tables 1, 2 and three, Lengthy Part M-M’, Cross Part Okay–Okay’, Cross Part L–L’ and Maps 2 and three under for additional particulars.

Step-out drilling at Boundary Zone focusing on the huge–stratiform zone has resulted in lots of vast intersections of zinc-lead mineralization with assays pending. Probably the most vital intersections will be seen on Lengthy Part M-M’ and are listed right here:

  • NB23-011 intersected 45 m of large, semi-massive and brecciated sulphide.
  • NB23-012 intersected 48 m of large to laminated sulphide.
  • NB23-013 intersected 25 m of large sulphide.
  • NB23-016 intersected 70 m of feeder proximal large sulphide.
  • NB23-019 intersected 60 m of large sulphide.
  • NB23-022 intersected 55 m of large sulphide.
  • NB23-028 intersected 140 m of feeder-proximal laminated to large sulphides.

Thirty-one holes have been drilled at Boundary Zone to date in 2023 and have examined the laminated stratiform mineralization and large sulphide zones. The geometry and stratigraphic sequence intersected in these holes proceed to assist the concept the laminated and large sulphide mineralization are a part of the identical geological layer at Boundary Zone, forming an roughly tabular stratiform zone. Step out drilling down-dip intersected considerable galena, supporting the presence of the conceptual feeder zone. Whereas this stays a preliminary interpretation of the out there geological knowledge, deep testing offered by NB23-007 helps this mannequin, extending the depth of mineralization within the large stratiform layer from floor to at the very least 400 m, with the zone changing into greater grade and wider, the place it stays open at depth.

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In depth vein, breccia, and alternative mineralization at Boundary Major happens each above and under the principle stratiform laminated large sulphide zone. Many vast intervals of vein, breccia and alternative model sphalerite mineralization have been encountered in 2023 step-out holes and several other infill holes (Desk 3).

2023 Drill Program Drilling Replace

The 2023 program stays in full swing with 5 diamond drill-rigs, focusing on ~22,000 m of drilling largely centered on Boundary, Tom, and Jason zones (Map 1) with >14,500 m accomplished to this point. The drill program will concentrate on step-out targets at Boundary Zone, Jason, and Tom, in addition to take a look at a number of exploration targets away from the identified zones.

Drill penetration charges within the first 29 holes was between 17–50% quicker than historic efficiency. The upper than forecast efficiency of the drilling has allowed the majority of the unique deliberate drilling to be accomplished sooner than deliberate offering a possibility to check further targets.

About Fireweed Metals Corp. (TSXV: FWZ; OTCQB: FWEDF; FSE:20F): Fireweed Metals is a public mineral exploration firm on the forefront of Essential Minerals challenge improvement. Fireweed is well-funded, with a wholesome working capital place, and is well-positioned to hold out a big 2023 exploration program. The Firm has three initiatives situated in Canada:

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  • Macmillan Cross Undertaking (Zinc-Lead-Silver): Fireweed owns 100% of the district-scale 940 km2 Macmillan Cross Undertaking in Yukon, Canada, which is host to one of many largest undeveloped zinc sources on this planet* the place the Tom and Jason zinc-lead-silver deposits have present Mineral Assets1 (11.21 Mt Indicated Useful resource at 6.59% zinc, 2.48% lead, and 21.33 g/t silver; and 39.47 Mt Inferred Useful resource at 5.84% zinc, 3.14% lead, and 38.15 g/t silver) and a Preliminary Financial Evaluation2 (PEA). As well as, Boundary Zone, Tom North and Finish Zone have vital zinc-lead-silver mineralization drilled however not but categorized as mineral sources. The Undertaking additionally consists of massive blocks of adjoining claims with identified showings and vital upside exploration potential.
  • Mactung Undertaking (Tungsten): The Firm owns 100% curiosity within the 37.6 km2 Mactung Undertaking situated adjoining to the Macmillan Cross Undertaking. Just lately introduced mineral sources for Mactung (41.5 Mt Indicated Useful resource at 0.73% WO3 and 12.2 Mt Inferred Useful resource at 0.59% WO3)3 make it the world’s largest high-grade useful resource of the Essential Mineral tungsten*. Situated in Canada, it is likely one of the uncommon massive tungsten sources exterior of China*.
  • Gayna River Undertaking (Zinc-Lead-Gallium-Germanium): Fireweed owns 100% of the 128.75 km2 Gayna River Undertaking situated 180 km north of the Macmillan Cross Undertaking. It’s host to intensive mineralization together with Essential Minerals zinc, gallium and germanium in addition to lead and silver, outlined by 28,000 m of historic drilling and vital upside potential.

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Certified Individual Assertion

Technical data on this information launch has been accepted by Fireweed’s VP Geology, Dr. Jack Milton, P.Geo. (BC), a ‘Certified Individual’ as outlined underneath Canadian Nationwide Instrument 43-101.

In Canada, Fireweed (TSXV: FWZ) trades on the TSX Enterprise Alternate. Within the USA, Fireweed (OTCQB: FWEDF) trades on the OTCQB Enterprise Market (www.otcmarkets.com) and is DTC eligible for enhanced digital clearing and settlement. In Europe, Fireweed (FSE: 20F) trades on the Frankfurt Inventory Alternate.

Further details about Fireweed and its initiatives will be discovered on the Firm’s web site at FireweedMetals.com and at www.sedarplus.com

ON BEHALF OF FIREWEED METALS CORP.

Brandon Macdonald

CEO & Director

Contact: Brandon Macdonald
Telephone: (604) 646-8361

E mail:

info@fireweedmetals.com

Neither the TSX Enterprise Alternate nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts accountability for the adequacy or accuracy of this launch.

Information Verification

The diamond drill core logging and sampling program was carried out underneath a rigorous high quality assurance / high quality management program utilizing trade finest practices. Drill intersections on this launch are NQ2 measurement core (50.5 mm/ 1.99-inch diameter) with recoveries usually above 85% until in any other case famous within the outcomes tables. After drilling, core was cleaned, logged for geology, construction, and geotechnical traits, then marked for sampling and photographed on website. Sure cores had been chosen for core scanning. The cores for analyses had been marked for sampling primarily based on geological intervals with particular person samples 2 m or much less in size, with 1 m samples inside mineralized zones. Drill core was minimize lengthwise in half with a core noticed; half-core was despatched for assays reported on this information launch, and the opposite half is saved on website for reference. Bulk density was decided on website for the complete size of every pattern assayed by measurement of mass in air and mass in water. Pattern duplicate bulk density determinations and in-house bulk density customary determinations had been every made at a fee of 5%. Since 2017, 4 in-house bulk density requirements (mineralized drill core from the Tom deposit that span a spread of densities) have been used and present an appropriate long-term precision. Licensed customary plenty are used to calibrate the size steadiness used for bulk density determinations.

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A complete of 5% assay requirements or blanks and 5% core duplicates are included within the pattern stream as a high quality management measure and are reviewed after analyses are obtained. Requirements and blanks in 2023 drill outcomes thus far have been accepted as acceptable. Duplicate knowledge add to the long-term estimates of precision for assay knowledge on the challenge and precision for drill outcomes reported is deemed to be inside acceptable ranges. Samples had been despatched to the Bureau Veritas preparation laboratory in Whitehorse, Yukon, the place the samples had been crushed and a 500 g break up was despatched to the Bureau Veritas laboratory in Vancouver, B.C to be pulverized to 85% passing 200 mesh measurement pulps. Clear crush materials was handed by means of the crusher and clear silica was pulverized between every pattern. The pulps had been analyzed by 1:1:1 Aqua Regia digestion adopted by Inductively Coupled Plasma Mass Spectrometry (ICP-ES/ICP-MS) multi-element analyses (BV Code AQ270). All samples had been additionally analyzed for a number of components by lithium borate fusion and X-ray fluorescence evaluation (XRF) end (BV Code LF725). Over-limit lead (>25.0%) and zinc (>24.0%) had been analyzed by lithium borate fusion with XRF end (BV Code LF726). Silver is reported on this information launch by methodology AQ270, and zinc and lead are reported by LF725 or LF726. Bureau Veritas (Vancouver) is an unbiased, worldwide ISO/IEC 17025:2005 accredited laboratory. Assay values are rounded to 1 decimal place apart from in Desk 2 and Cross Sections the place zinc and lead grades are reported to 2 decimal locations.

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Outcomes on this information launch are size and bulk-density weighted averages as can be utilized in a Mineral Useful resource estimate. Size and bulk-density weighted averages have been reported as these most precisely characterize the common metal-content of the intersections.

True widths for major intervals are estimated by measuring perpendicular to strike inside the quick axis of a stratiform wireframe that has been constructed in 3D across the mineralized intercepts at Boundary Zone primarily based on assay outcomes, geological logging, stratigraphic correlation, and bedding measurements from oriented core. The large sulphide mineralization and laminated mineralization at Boundary Zone are largely stratiform (oriented parallel to bedding), due to this fact the true width, or thickness, of the zone is estimated perpendicular to each the strike and dip course of bedding. Vein and breccia mineralization at Boundary Zone are interpreted to be stockworks and true widths are estimated to be roughly equal to intersected widths and marked as N/A within the assay tables. True widths are rounded to the closest metre for widths over 10 m and to the closest 0.1 m for widths lower than 10 m, as this higher displays the precision of the estimates. True widths ought to be considered approximate as these are derived from an estimation that makes use of a preliminary interpretation of the geological mannequin. True widths for nested intervals (marked as “Together with” in outcomes tables) are estimated utilizing a ratio of included to major intersected widths to attribute applicable parts of the true width of the first interval to the nested intervals.

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Sphalerite and galena have been recognized visually by skilled core logging geologists, and licenced skilled geoscientists, confirmed by moveable XRF (X-Ray fluorescence). No absolute visible estimates of mineral abundances or inferences of potential zinc or lead grades have been said for holes with out assay values on this information launch.

Cautionary Statements

Ahead Trying Statements

This information launch comprises “forward-looking” statements and knowledge (“forward-looking statements”). All statements, apart from statements of historic information, included herein, together with, with out limitation, statements regarding interpretation of drill outcomes and projections of mineralization, future work plans, using funds, and the potential of the Firm’s initiatives, are ahead trying statements. Ahead-looking statements are often, however not all the time, recognized by phrases similar to “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “doable”, and related expressions, or statements that occasions, situations, or outcomes “will”, “could”, “might”, or “ought to” happen or be achieved. Ahead-looking statements are primarily based on the beliefs of Firm administration, in addition to assumptions made by and knowledge presently out there to Firm administration and replicate the beliefs, opinions, and projections on the date the statements are made. Ahead-looking statements contain numerous dangers and uncertainties and accordingly, readers are suggested to not place undue reliance on forward-looking statements. There will be no assurance that such statements will show to be correct, and precise outcomes and future occasions might differ materially from these anticipated in such statements. Necessary elements that would trigger precise outcomes to vary materially from the Firm’s expectations embrace however usually are not restricted to, exploration and improvement dangers, unanticipated reclamation bills, expenditure and financing necessities, normal financial situations, adjustments in monetary markets, the flexibility to correctly and effectively workers the Firm’s operations, the sufficiency of working capital and funding for continued operations, title issues, First Nations relations, working hazards, political and financial elements, aggressive elements, steel costs, relationships with distributors and strategic companions, governmental laws and oversight, allowing, seasonality and climate, technological change, trade practices, uncertainties concerned within the interpretation of drilling outcomes and laboratory assessments, and one-time occasions. The Firm assumes no obligation to replace aheadtrying statements or beliefs, opinions, projections or different elements, besides as required by regulation.

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Footnotes and References

* References to relative measurement and grade of the Mactung sources and Macmillan Cross sources compared to different tungsten and zinc deposits elsewhere on this planet, respectively, are primarily based on evaluate of the Commonplace & Poor’s World Market Intelligence Capital IQ database.

1: For particulars and QP statements, see https://www.sedarplus.ca/ Fireweed Technical Report titled “NI 43-101 Technical Report on the Macmillan Cross Zinc-Lead-Silver Undertaking, Watson Lake and Mayo Mining Districts Yukon Territory, Canada” filed on https://www.sedarplus.ca/ on February 23, 2018, and Fireweed Information Launch dated January 10, 2018. . 

2: For particulars and QP statements, see https://www.sedarplus.ca/ Fireweed Technical Report titled “NI 43-101 Technical Report Macmillan Cross Undertaking Yukon Territory Canada” filed on https://www.sedarplus.ca/ on July 9, 2018, and Fireweed Information Launch dated Could 23, 2018. This Technical Report features a Preliminary Financial Evaluation disclosing an financial evaluation of mineral sources that’s preliminary in nature and doesn’t embrace any mineral reserves. It’s equally emphasised that the mineral sources disclosed inside this Technical Report usually are not mineral reserves and wouldn’t have demonstrated financial viability. 

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3: For particulars and QP statements, see Fireweed information launch dated June 13, 2023 “Fireweed Metals Publicizes Mineral Assets for the Mactung Undertaking: the Largest Excessive-Grade Tungsten Deposit within the World” and the technical report entitled “NI 43-101 Technical Report, Mactung Undertaking, Yukon Territory, Canada,” with efficient date July 28, 2023 filed on https://www.sedarplus.ca/ 

image 1

Map 1: Macmillan Cross Undertaking and Mactung Undertaking areas.

image 2

Map 2: Location of 2023 Boundary Zone drillholes, cross sections Okay–Okay’, L–L’ and lengthy part M–M’ see under for cross sections.

image 3

Map 3: Mineralized intervals in 2023 drilling and pre-2023 drilling defining a stratiform laminated to large sulphide zone that’s linked at depth (pink polygon) and a broader envelope of vein, breccia, and different stratiform zinc mineralization, displaying vital areal extent (inside inexperienced dashed line).

image 4

Lengthy Part M–M’ – Chosen intersections inside the laminated to large sulphide stratiform zone of pyrite-sphalerite-galena mineralization at Boundary Zone together with lengthy intervals of zinc mineralization at depth with assays pending.

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image 5

Cross Part Okay-Okay’ – Analytical outcomes for holes NB23-004, NB23-006, and NB23-008.

image 6

Cross Part L-L’ – Assay outcomes from NB23-007 and NB23-005 displaying excessive grades and continuity with NB22-002. Visually logged mineralization from NB23-011 can be displayed.

image 7

Picture 1: Excessive decision core scanning picture of sphalerite-pyrite-siderite veins and semi-massive sulphide mineralization in NB23-008 (327.5 m to 337.2 m).

Desk 2: NB23-004, NB23-005, NB23-006, NB23-007, and NB23-008 Drill Outcomes.

Drillhole Interval From
(m)
To
(m)
Interval
Width (m)
Est. True
Width (m)
Zinc
(%)
Lead
(%)
Silver
(g/t)
Bulk Density
(t/m
3)
NB23-004 Whole Gap 0 432 432 N/A 1.61 0.22 9.9 3.02
NB23-004 Major 75.94 96.43 20.49 N/A 4.88 0.01 5.5 2.76
NB23-004 Together with 77.44 86.14 8.7 N/A 7.08 0.01 7.4 2.76
NB23-004 Major 131.5 142 10.5 N/A 3.43 0.01 3.9 2.74
NB23-004 Major 267.92 301.35 33.43 22 8.00 2.01 59.2 3.57
NB23-004 Together with 267.92 281.8 13.88 9.1 12.56 3.73 99.4 4.29
NB23-004 >together with 268.8 277.06 8.26 5.4 14.91 4.45 124.8 4.47
NB23-004 Major* 331.3 344.22 12.92 N/A 3.55 0.07 12.8 3.15
NB23-004 Major 363.15 369.15 6 N/A 1.97 0.14 18.4 3.62
NB23-004 Major 383.4 393.79 10.39 N/A 4.16 0.18 24.4 3.79
NB23-004 Together with 384.31 392.86 8.55 N/A 4.77 0.18 24.6 3.75
NB23-005 Whole Gap 0 234 234 N/A 0.92 0.10 5.6 2.94
NB23-005 Major 139.75 165 25.25 22 6.37 0.67 31.9 3.24
NB23-005 Together with 150.5 160 9.5 8.3 12.21 1.31 66.9 3.65
NB23-005 >together with 150.5 155.82 5.32 4.6 16.45 1.86 94.2 3.93
NB23-006 Whole Gap 0 373 373 N/A 1.21 0.05 3.6 2.95
NB23-006 Major 102.2 140.9 38.7 N/A 5.63 0.02 6.7 2.83
NB23-006 Together with 121.36 140.9 19.54 N/A 9.00 0.04 10.1 2.91
NB23-006 Together with* 121.36 123.46 2.1 N/A 30.65 0.06 38.8 3.62
NB23-006 Major 204.15 236.8 32.65 16 4.36 0.14 12.4 3.04
NB23-006 Together with 212.15 236.8 24.65 12 5.08 0.09 11.1 3.01
NB23-006 Pending 326.80 373.00 46.20 Assays pending for this interval.
NB23-007 Whole Gap 0 461 461 N/A 7.47 1.32 44.5 3.19
NB23-007 Major 58.04 94.7 36.66 N/A 5.33 0.03 11.7 2.95
NB23-007 Together with 58.04 87.2 29.16 N/A 6.07 0.03 13.7 3.00
NB23-007 Major 170.7 253.2 82.5 15 11.89 2.21 81.2 3.11
NB23-007 Together with 171.73 173 1.27 0.2 13.25 18.82 386.9 4.02
NB23-007 Together with 180.89 210.05 29.16 5.3 25.39 3.86 155.5 3.51
NB23-007 >Together with 180.89 207.92 27.03 4.9 26.69 4.19 165.2 3.49
NB23-007 >>Together with 187.2 206.71 19.51 3.5 28.82 4.75 180.4 3.57
NB23-007 Together with 239.77 242.37 2.6 0.5 20.83 0.90 61.9 3.86
NB23-007 Major 308.9 426.9 118 40 15.05 2.81 85.8 4.04
NB23-007 Together with 309.9 415.82 105.92 36 16.40 3.06 91.7 4.06
NB23-007 >Together with 313.7 325.03 11.33 3.8 15.04 3.72 96.1 4.21
NB23-007 >Together with 332.3 409.37 77.07 26 18.71 3.45 101.4 4.00
NB23-008 Whole Gap 0 385 385 N/A 1.79 0.07 4.8 3.09
NB23-008 Major 88 110.2 22.2 N/A 2.93 0.01 3.3 2.79
NB23-008 Major 242.2 286.9 44.7 N/A 6.53 0.18 9.6 3.48
NB23-008 Together with 249.1 279.5 30.4 N/A 8.25 0.23 11.6 3.56
NB23-008 >Together with 252 268.3 16.3 N/A 10.31 0.16 11.3 3.64
NB23-008 Major 323.7 359.1 35.4 N/A 5.21 0.12 8.8 3.49
NB23-008 Together with 323.7 340 16.3 N/A 8.80 0.15 11.8 3.68
NB23-008 >Together with 327.5 339 11.5 N/A 10.71 0.17 13.5 3.75
NB23-008 Pending 365.0 385.0 20.0 Assays pending for this interval.

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* Denotes intervals with restoration of lower than 85%

† Whole gap intervals comprise massive steady sections of very low grade or not mineralized materials (under 2% zinc)—intersections of steady higher-grade materials (>2% zinc) are listed as Major and Included intervals and characterize mineralized materials.

‡ See “Information Verification” for an outline of true width calculations

Desk 3: 2023 Drilling Abstract.

Drillhole Size (m) Zone Important Intersection Sort
NB23-001 460 Boundary Outcomes disclosed Jul 26 Step Out
NB23-002 351 Boundary Outcomes disclosed Jul 26 Step Out
NB23-003 418 Boundary Outcomes disclosed Jul 26 Step Out
NB23-004 432 Boundary Outcomes disclosed on this launch Step Out
NB23-005 234 Boundary Outcomes disclosed on this launch Step Out
NB23-006 373 Boundary Outcomes disclosed on this launch Step Out
NB23-007 461 Boundary Outcomes disclosed on this launch Step Out
NB23-008 385 Boundary Broad Zone Encountered Step Out
NB23-009 67 Boundary Deserted Because of Drilling Circumstances Step Out
NB23-010 96 Boundary Slender Zone Encountered Step Out
NB23-011 289 Boundary Broad Zone Encountered Step Out
NB23-012 452 Boundary Broad Zone Encountered Step Out
NB23-013 551 Boundary Reasonable Zone Encountered Step Out
NB23-014 223.3 Boundary Reasonable Zone Encountered Step Out
NB23-015 339 Boundary Reasonable Zone Encountered Step Out
NB23-016 460.92 Boundary Broad Zone Encountered Step Out
NB23-017 96 Boundary Slender Zone Encountered Step Out
NB23-018 195 Boundary Reasonable Zone Encountered Step Out
NB23-019 560.5 Boundary Broad Zone Encountered Step Out
NB23-020 414 Boundary Broad Zone Encountered Infill & Step-out
NB23-021 442 Boundary Broad Zone Encountered Infill
NB23-022 386 Boundary Broad Zone Encountered Step Out
NB23-022D1 448 Boundary Slender Zone Encountered Step Out
NB23-023 181 Boundary Reasonable Zone Encountered Step Out
NB23-024 402 Boundary Broad Zone Encountered Infill & Step-out
NB23-025 580.5 Boundary Reasonable Zone Encountered Step Out
NB23-026 111 Boundary Slender Zone Encountered Step Out
NB23-027 396 Boundary Broad Zone Encountered Infill
NB23-028 206* Boundary Broad Zone Encountered–In Progress Step Out
NB23-029 33* Boundary In Progress Step Out
NB23-030 casing Boundary In Progress Step Out
NB23-031 casing Boundary In Progress Step Out
TS23-001 143 Tom North Minor mineralization encountered Step Out
TS23-002 182 Tom North Minor mineralization encountered Step Out
TS23-003 299 Tom West Broad Zone Encountered Step Out
TS23-004 369.33 Tom West Reasonable Zone Encountered Step Out
TS23-005 407 Tom West Reasonable Zone Encountered Step Out
TS23-006 137 Tom West Reasonable Zone Encountered Step Out
TS23-007 215 Tom West Reasonable Zone Encountered Step Out
TS23-008 89* Tom West In Progress Step Out
BX23-001 219 Boundary Expl. No vital mineralization Exploration
BX23-002 144 Boundary Expl. No vital mineralization Exploration

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* denotes holes in progress

Desk 4: Drill Gap Collar Data

Drillhole Zone Size (m) Easting Northing Elevation (m.s.l) Azimuth (°) Dip (°)
NB23-001 Boundary 460 422297.1 7010471 1185.86 211.99 -76.42
NB23-002 Boundary 351 422235 7010525 1194.57 214.06 -70.22
NB23-003 Boundary 418 422235 7010525 1194.57 213.4 -78
NB23-004 Boundary 432 422171 7010556 1203 213.91 -78.08
NB23-005 Boundary 234 422058.4 7010589 1207.95 199.63 -49.74
NB23-006 Boundary 373 422171 7010556 1203 215.44 -70.02
NB23-007 Boundary 461 422058.4 7010589 1207.95 206.37 -86.43
NB23-008 Boundary 385 422171 7010556 1203 215.83 -60.07
NB23-009 Boundary 67 422058.4 7010589 1208.67 198.54 -75.41
NB23-010 Boundary 96 422240.8 7010385 1150.41 212.28 -45
NB23-011 Boundary 289 422058.4 7010589 1208.67 201.59 -75.4
NB23-012 Boundary 452 422289 7010534 1200.90 211.75 -69.9
NB23-013 Boundary 551 422071.9 7010666 1233.59 214.94 -77.68
NB23-014 Boundary 223.3 422240.9 7010384 1150.86 213.68 -70.83
NB23-015 Boundary 339 422240.8 7010385 1150.41 213.36 -84
NB23-016 Boundary 460.92 422274 7010600 1216. 70 209.88 -72.96
NB23-017 Boundary 96 422279.4 7010359 1142.67 191.27 -46.9
NB23-018 Boundary 195 422279.4 7010359 1142.67 190.21 -65.21
NB23-019 Boundary 560.5 422289 7010534 1200.90 209.95 -81.31
NB23-020 Boundary 414 422464.6 7010510 1191.44 204.85 -63.35
NB23-021 Boundary 442 422391.3 7010500 1190.07 201.97 -77.01
NB23-022 Boundary 386 421947.8 7010672 1232.44 178.85 -74.18
NB23-022D1 Boundary 448 421947.8 7010672 1232.44 177.78 -74
NB23-023 Boundary 181 422448.8 7010351 1145.42 211.82 -49.18
NB23-024 Boundary 405 422347.6 7010550 1203.82 199.65 -50.18
NB23-025 Boundary 581.5 422342.5 7010620 1219.03 196.94 -74.05
NB23-026 Boundary 111 422448.8 7010351 1145.42 210.02 -65.44
NB23-027 Boundary 451 422347.6 7010550 1203.82 197.18 -72.46
NB23-028 Boundary 467 422221.9 7010587 1209.75 211.38 -65.44
NB23-029* Boundary 257.5 422123.8 7010731 1250.31 196.21 -75.67
NB23-030* Boundary 263.5 422535.2 7010614 1214.65 211.44 -62.01
NB23-032* Boundary  – 422170.1 7010634 1223.90 213.33 -73.03
TS23-001 Tom North 143 441760.6 7004226 1492.16 75.08 -49.66
TS23-002 Tom North 182 441760.6 7004226 1492.16 74.97 -80.38
TS23-003 Tom West 299 441676.3 7004024 1445.00 74.17 -68.51
TS23-004 Tom West 369.33 441694.3 7003884 1463.34 67.38 -71.48
TS23-005 Tom West 407 441760.7 7003770 1510 63.25 -75.35
TS23-006 Tom West 137 441779 7004076 1485.36 65.15 -50.08
TS23-007 Tom West 215 441779 7004076 1485.36 65.23 -78.04
TS23-008 Tom West 428 441816.3 7003717 1538 89.53 -88.95
BX23-001 Boundary Expl. 219 421752 7010127 1114.7 35.16 -50.19
BX23-002 Boundary Expl. 144 421637 7010243 1137.5 14.78 -49.83

* denotes holes in progress.

Coordinates listed in NAD83 UTM Zone 9N.

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