Tag: #Yukon

Comstock Metals closed its C$600,000 placement

Comstock Metals closed its C$600,000 placement

Comstock Metals (CSL.V) has successfully closed its previously announced private placement, raising just over C$600,000 in hard dollars by issuing units at C$0.05. Each unit consists of one common share as well as a full warrant, with each warrant entitling the warrant holder to acquire an additional share in the […]

Pembridge Resources announces US$30M concentrate prepayment financing

Pembridge Resources announces US$30M concentrate prepayment financing

Pembridge Resources (PERE.L) is getting its ducks in a row for the Minto copper project in Canada’s Yukon territory. It has now signed a deal with ‘a leading global Japanese trading house’ which was willing to extend a US$30M concentrate prepayment facility to Pembridge as part of an offtake agreement […]

Fireweed Zinc starts a 10,000 meter drill program at MacMillan Pass

Fireweed Zinc starts a 10,000 meter drill program at MacMillan Pass

Fireweed Zinc (FWZ.V) has now outlined its plans for a C$8M work program on its MacMillan Pass zinc-lead project in Canada’s Yukon Territories. The bulk of the money will be spent on a three-rig 10,000 meter drill program to increase the total tonnage of the project. Not only will Fireweed […]

Eric Coffin on Fireweed Zinc: “Now is the time to reload”

Eric Coffin on Fireweed Zinc: “Now is the time to reload”

Fireweed Zinc (FWZ.V) has now released the long-awaited PEA, and Eric Coffin, the editor of HRA Advisories says ‘Now is the time to reload on FWZ’ after unveiling a pre-tax NPV8% of C$779 on its MacMillan Pass zinc-lead project. We are waiting for the technical report to be filed, but […]

Management changes at Comstock Metals

Management changes at Comstock Metals

In what appears to be a surprising move, CEO David Terry has resigned from his CEO position at Comstock Metals (CSL.V). He also resigned from his board position along with two other (technical-focused) directors Kuchling and Turnbull. Steven Goldman, a Toronto-based lawyer, was appointed as interim-CEO. This does surprise us […]

Fireweed Zinc: buy alert by HRA Advisories

Fireweed Zinc: buy alert by HRA Advisories

Eric Coffin, the editor of HRA Advisories, published a buy alert for Fireweed Zinc (FWZ.V). As we have also been following the company for quite a while now (with a first blurb in July 2017 at approximately C$0.85), we wanted to share this Buy Alert with you, as it follows […]

Fireweed Zinc expands MacMillan Pass land package and is gearing up for its PEA

Fireweed Zinc expands MacMillan Pass land package and is gearing up for its PEA

Fireweed Zinc (FWZ.V) has signed to agreements to acquire a total of 24,400 additional hectares at the MacMillan Pass zinc project in Canada’s Yukon Territory. This more than doubles Fireweed’s total project size to 469 square kilometers, and the new land claims appear to be prospective for additional SEDEX mineralization […]

Strong demand for Fireweed Zinc’s warrant-free offering

Strong demand for Fireweed Zinc’s warrant-free offering

Fireweed Zinc (FWZ.V) is able to capitalize on a strong resource update on the Tom and Jason claims which are part of the Macmillan Pass as its previously announced C$10M private placement has now been upsized to raise C$12.5M (with an additional option for the agents to exercise a 15% […]

Fireweed Zinc is gearing up for a resource update at MacMillan Pass

Fireweed Zinc is gearing up for a resource update at MacMillan Pass

Fireweed Zinc (FWZ.V) has now released all drill results of its 2017 drill campaign (with some stellar intervals reported in a December update with for instance 38 meters (true width!) containing almost 16.5% zinc-lead, including 25 meters of 21% Zinc-Lead, which are amazing results). The 2017 drill program was extremely […]