VANCOUVER, British Columbia, June 27, 2017 (GLOBE NEWSWIRE) -- FIREWEED ZINC LTD.
(“Fireweed” or the “Company”) (TSXV:FWZ) is pleased to announce that work has begun on the Macmillan Pass Project and the Company
has launched its new website at www.FireweedZinc.com.
Macmillan Pass Project
Work has begun on the Macmillan Pass zinc-lead-silver project. Plans are to complete a minimum $1.2 million
exploration program on the project in 2017 with the aim of bringing the historical resources on both the Tom and Jason
zinc-lead-silver deposits to current standards as well as explore for new discoveries within the project area (see Fireweed news
release dated June 1, 2017 for details of the historic mineral resources). This work will include re-sampling of some
historical drill core (now in progress), surveying of drill hole locations and additional drilling (to begin soon) to both verify
and expand the historic resources. Following completion of an updated NI 43-101 resource estimate, Fireweed plans to
undertake a Preliminary Economic Assessment in order to evaluate project economics.
Surface exploration work is also planned to delineate possible extensions to the known historic deposits as well
as explore other areas of the project for new, undiscovered, areas of mineralization using modern exploration techniques.
New Fireweed Zinc Website
Fireweed is pleased to introduce its new website at www.FireweedZinc.com. The new site has a user-friendly interface and is populated with
up-to-date and detailed information on Fireweed’s Macmillan Pass Project as well as corporate and other information designed to
give visitors a better understanding of the Company and its advanced zinc project.
The technical information in this news release has been reviewed and approved by Brandon Macdonald, P.Geo, a
‘Qualified Person’ as defined under Canadian National Instrument 43‑101.
About Fireweed Zinc Ltd.: Fireweed Zinc is a new public mineral exploration company focused on
zinc and managed by a veteran team of mining industry professionals. This summer the Company will be advancing its Macmillan Pass
Zinc Project where it has an option to acquire 100% of the Tom-Jason property in Yukon, Canada. The project is host to the large,
advanced Tom and Jason zinc-lead-silver deposits and surrounding exploration ground with significant exploration potential and road
access.
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 contains “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 Nations relations, operating hazards,
political and economic factors, competitive factors, metal prices, relationships with vendors and strategic partners, governmental
regulations and supervision, 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 uncertainties 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.
Brandon Macdonald 604-646-8360
