Macmillan Pass Project

History

November 2018
 
 
 
 
Fireweed purchased of the Nidd claims with together with earlier options on the MAC, MP, MC, Jerry, BR and NS claims, consolidated the district under one company for the first time in history (see news release dated November 27, 2018)
Summer 2018
 
 
 
 
Fireweed carried an extensive field program which included excellent drill results and definition of new exploration targets.
May 2018
 
 
 
 
Fireweed published Preliminary Economic Assessment on the project which showed robust economics and an 18-year mine life (see news release dated May 23, 2018)
February 2018
 
 
 
 
Fireweed exercised its option and completed purchase of 100% interest in the Tom and Jason project.
January 2018
 
 
 
 
Fireweed published updated NI43-101 compliant mineral resources making the project one of the largest undeveloped zinc resources in the world (see news release dated January 10, 2018)
Summer 2017
 
 
 
 
Fireweed carried an extensive field program which included excellent drill results.
1951
 
 
 
 
Prospectors discovered mineralization at the Tom site and Hudbay staked the ground
1952-1969
 
 
 
 
A number of small to medium exploration programs were carried out at Tom that included geological mapping, geophysics, geochemistry and drilling
1970-1971
 
 
 
 
An underground exploration adit and workings totalling 6,189ft (1,887m) were excavated for bulk sampling and underground drilling of the Tom deposit
1974-1985
 
 
 
 
The Jason deposit was discovered and staked by the Ogilvie Joint Venture. Additional exploration programs were carried out at Tom and Jason including geological mapping, geophysics, geochemistry and drilling
1987-1991
 
 
 
 
Additional exploration drilling was carried out on both Tom and Jason to outline additional mineralization and improve economics
2007
 
 
 
 
The Jason property was purchased by Hudbay Minerals which consolidated the two projects for the first time. A mineral resource study was completed to update the combined tonnes and grades of both the Tom and Jason zones in preparation for additional work
2011
 
 
 
 
Eleven drill holes (1,823m) were completed at Tom as infill holes and to obtain samples for metallurgical testing
December 2016
 
 
 
 
Fireweed executed the definitive option agreement to purchase the Tom Jason project
June 2017
 
 
 
 
Fireweed completed its initial public offering and financing to fund a renewed period of resource definition and exploration on the project