Mining Intelligence and News
Canada

Macmillan Pass Project

Click for more information

Categories

Overview

Mine TypeOpen Pit & Underground
StagePreliminary Economic Assessment
Commodities
  • Zinc
  • Lead
  • Silver
  • Germanium
Mining Method
  • Truck & Shovel / Loader
  • Alimak
  • Sub-level Retreat
  • Vertical Crater Retreat
  • Longhole stoping
  • Transverse stoping
Backfill type ... Lock
Mine Life... Lock
SnapshotMacmillan Pass (“Macpass”) Project is positioned as one of the world’s largest undeveloped primary zinc districts. Combined with additional upside potential from by-product strategic elements gallium and germanium, Macpass has the potential to provide an important source of critical minerals. It is host to the large Tom and Jason shalehosted zinc-lead-silver deposits, as well as the Boundary Zone.

On September 4, 2024, the Fireweed Metals announced the increase to the Mineral Resource Estimate (“MRE”) at the Macpass Project including an inaugural resource for Boundary Zone.

The Tom and Jason sites have a Class 4 Quartz Mining Land Use Approval, the Boundary Zone has a Class 3 Quartz Mining Land Use Approval, and the Tom site has a Type B Water Licence. A Class 1 Notification is obtained annually for work programs beyond these Class 3 and 4 approval areas.
Latest NewsFireweed Metals Corp. awarded up to C$35.4 M in joint US-Canadian government funding to advance Mactung and essential Infrastructure to unlock the critical minerals district at Macmillan Pass, Yukon Territory     December 13, 2024

Owners

SourceSource
CompanyInterestOwnership
Fireweed Metals Corp. 100 % Direct
The Macmillan Pass ("Macpass") Project is 100% owned by Fireweed Metals Corp.

Contractors

Lock

- subscription is required.

Deposit type

  • Stratabound
  • Vein / narrow vein
  • Sediment-hosted

Summary:

The Macpass Project covers three distinct deposits of sedimentary rock-hosted, stratiform zinc-lead-silver (Zn-Pb-Ag) mineralization including Tom, Jason, and End Zone, and one deposit containing brecciated, stratiform, and vein-hosted leadzinc-silver mineralization at Boundary Zone. These deposits represent structurally and stratigraphically controlled feeder-fault systems that occur on splays of the Macmillan-Hess fault system.

The sediment-hosted Zn-Pb-Ag (+/- Ga-Ge) deposits occur predominantly within the Portrait Lake Formation at or near the contact between the Fuller Lake Member and the Macmillan Pass Member, while mineralization at Boundary occurs throughout a wide stratigraphic interval spanning sections of the Road River Group, the Portrait Lake Formation of the Earn Group and intercalated Macmillan Pass Volcanics. The Fuller Lake Member consists of massive to thinly laminated, carbonaceous to siliceous, pyrite-rich mudstone, while the Macmillan Pass Member generally consists of interbedded black mudstone with grey siltstone and sandstone (“pinstripe mudstone”) with coarse sandstone and conglomerate intervals. Carbonate-altered mafic volcanic and volcaniclastic rocks occur at several stratigraphic intervals, including within the Macmillan Pass Member, below the Niddery Lake member, and deeper, within the Road River Group.

The Tom, Jason, End Zone, and Boundary Zone deposits are examples of stratiform, stratabound sediment hosted zinc-lead-silver-barite deposits. Historically the term SEDEX was first used in a report describing the Zn-Pb-Ag deposits of the Selwyn Basin by Carne and Cathro (1982) and subsequently for a period of time, the term was used to describe these deposits worldwide. The term SEDEX has been replaced, however, in favour of more descriptive and less genetic terminology.

Tom Deposit
The Tom deposit consists of several stratiform Zn-Pb-Ag-Ba bodies of mineralization which crop out at surface and are located around an open, north-south trending, doubly-plunging anticline. Tom West sits on the western limb of the fold, and Tom East sits on the eastern limb. Tom South and Tom Southeast are located around the southern nose of the fold. Mineralization transitions from well-laminated and thinly bedded to zones of massive sulphide and semi-massive sulphide brecciation proximal to the feeder fault. The following section focuses on descriptions of mineralization styles, extent, and geology.

Mineralization at Tom has been segregated into distinct facies along vertical and lateral transitions from darker to lighter sphalerite colours and progressively lower lead to zinc ratios, interpreted as increasing distance to the feeder zone (Goodfellow 1991; 2007). These facies consist of:
• Massive Sulphide Feeder Facies: Massive pyrite, pyrrhotite, galena, sphalerite, with minor chalcopyrite, arsenopyrite and tetrahedrite with ferroan carbonates, quartz and barite, typically grading 15% to 30% Pb+Zn and a high Pb:Zn Ratio.
• Pink Facies: Interlaminated cream-coloured to pink sphalerite, galena, barite, chert, pyrite, and barium carbonates (witherite). Locally high grades range from 10% to 30% combined Pb and Zn, including greater than 1% Pb.
• Grey Facies: Interlaminated cream to white coloured sphalerite, pyrite, minor galena, white to pale grey barite, pale grey chert and grey to white barium carbonate (witherite) and dark grey barium feldspar (hyalophane and celsian). Typically, with grades in the range of 4% to 5% Pb+Zn and Pb less than 1%.
• Black Facies: Black mudstone and chert interbedded with sections of interlaminated barite, witherite, and fine-grained white sphalerite, galena and pyrite. Typically, with grades in the 4% to 10% Pb+Zn range and a low Pb:Zn ratio.

Jason Deposit
The Jason deposit is hosted by a Devonian sequence of sediments disrupted by synsedimentary faulting and fault scarp material. Bounded to the south by the regional Hess fault, mineralization consists of two stratiform Ba-Zn-Pb-Ag bodies on opposite limbs of the Jason syncline. The Jason syncline is a steeply dipping, upright, west-trending syncline that plunges east, with the Jason Main zone located on the northern limb and Jason South zone occurring on the southern limb. Hosted within the lower Portrait Lake Formation of the Earn Group at the contact with the Macmillan Pass member, the carbonaceous sediments commonly contain mud-hosted diamictite breccias related to fault scarps that thicken towards the Hess Fault.

Mineralization is spatially related with proximity to the feeder fault where diamictite facies, barite lenses, and metal content increase; These horizons can be divided into several distinct mineralization zones or facies, including (after Turner 1991):
• Pb-Zn-Fe Sulphide Facies: Massive, banded sphalerite-galena and galena-pyrite overlain by debris flow deposits.
• Barite-sulphide Facies: Interbedded fine-grained sphalerite, galena, barite, chert and ferroan carbonate forming the bulk of the mineralization at Jason.
• Quartz-sulphide Facies: Interbedded sphalerite, pyrite, quartz and carbonaceous chert with quartz-celsian (barium feldspar) bands in the lower lens.
• Massive Pyrite Facies: Massive pyrite beds interbedded with sphalerite, galena, chalcopyrite, pyrrhotite, and quartz located near the Jason Fault.
• Ferroan Carbonate Facies: Massive beds of siderite and ankerite up to several metres across with irregularly distributed galena, sphalerite, pyrrhotite, pyrite, quartz, muscovite, and pyrobitumen; spatially associated with a breccia pipe.

End Zone Deposit
End Zone is a small, fault bound block of MacMillan Pass Member (and Fuller Lake Member) in fault contact with older Road River Group mudstones and carbonates. This fault block contains high-grade, massive sulphide mineralization (dominantly galena, pyrite, pyrrhotite, and sphalerite), interpreted to be feeder-proximal mineralization similar to the feeder proximal mineralization at Tom. Like the feeder-proximal mineralization at Tom, End Zone also has a high lead to zinc ratio compared to other mineralization styles.

Boundary Zone Deposit
The Boundary Zone area is part of a distinct sub-basin that contains significant volumes of strongly siderite altered basaltic volcaniclastics within and below the Earn Group. Boundary Zone is located adjacent to a major syn-sedimentary fault and also contains large volumes of boulder diamictites indicating that the area underwent active tectonic extension during the formation of the basin, a similar setting to the Tom and Jason areas. The presence of synsedimentary faulting, a distinct sub-basin, volcaniclastic inputs rocks, abundant zinc mineralization, and strong alteration indicate the area is host to a robust mineralized system.

Extensive vein and associated breccia mineralization at Boundary Zone occurs both stratigraphically above and below the stratiform laminated massive sulphide zones described above. This mineralization forms a halo approximately 100 m to 150 m wide on both sides of the stratiform laminated zones and is interpreted as a stockwork of randomly oriented veins and breccia zones that are contained within broadly stratiform bodies. It is not restricted to one stratigraphic horizon or lithology; Boundary Zone Vein Mineralization occurs within mudstones, siltstones, diamictites, conglomerates, and volcaniclastics. This vein mineralization accounts for a significant volume of mineralization at Boundary Zone.

Reserves

Lock

- subscription is required.

Mining Methods

Lock

- subscription is required.

Comminution

Crushers and Mills

Lock

- subscription is required.

Processing

Lock

- subscription is required.

Production

CommodityProductUnitsAvg. AnnualLOM
Zinc Metal in concentrate M lbs 1873,395
Zinc Concentrate kt 1472,638
Zinc Payable metal M lbs 1592,887
Lead Metal in concentrate M lbs 1061,940
Lead Concentrate kt 791,422
Lead Payable metal M lbs 1011,833
Silver Payable metal koz 25,774
Silver Metal in concentrate koz 2,05337,191

Operational metrics

Metrics
Daily ore mining rate 4,900 t *
Daily milling rate 4,900 t *
Daily milling capacity 5,000 t *
Stripping / waste ratio 5 *
Waste tonnes, LOM 24,680 kt *
Ore tonnes mined, LOM 32,656 kt *
Total tonnes mined, LOM 53,590 kt *
Tonnes milled, LOM 32,656 kt *
* According to 2018 study.

Production Costs

CommodityUnitsAverage
Assumed price Lead USD 0.98 / lb *  
Pre-tax break-even price Zinc USD 0.8 / lb *  
Assumed price Zinc USD 1.21 / lb *  
Assumed price Silver USD 16.8 / oz *  
* According to 2018 study / presentation.

Operating Costs

CurrencyAverage
OP mining costs ($/t mined) CAD  ....  Subscribe
UG mining costs ($/t mined) CAD  ....  Subscribe
OP mining costs ($/t milled) CAD  ....  Subscribe
UG mining costs ($/t milled) CAD  ....  Subscribe
Processing costs ($/t milled) CAD  ....  Subscribe
G&A ($/t milled) CAD  ....  Subscribe
Total operating costs ($/t milled) CAD  ....  Subscribe
* According to 2018 study.

Project Costs

MetricsUnitsLOM Total
Pre-Production capital costs $M CAD  ......  Subscribe
Sustaining CapEx $M CAD  ......  Subscribe
Closure costs $M CAD  ......  Subscribe
Total CapEx $M CAD  ......  Subscribe
OP OpEx $M CAD  ......  Subscribe
UG OpEx $M CAD  ......  Subscribe
Processing OpEx $M CAD 748.5
G&A costs $M CAD 338.6
Total OpEx $M CAD  ......  Subscribe
Mining Taxes $M CAD  ......  Subscribe
Income Taxes $M CAD  ......  Subscribe
Total Taxes $M CAD  ......  Subscribe
Pre-tax Cash Flow (LOM) $M CAD  ......  Subscribe
After-tax Cash Flow (LOM) $M CAD  ......  Subscribe
Pre-tax NPV @ 0% $M CAD  ......  Subscribe
Pre-tax NPV @ 8% $M CAD  ......  Subscribe
After-tax NPV @ 0% $M CAD  ......  Subscribe
After-tax NPV @ 8% $M CAD  ......  Subscribe
Pre-tax IRR, %  ......  Subscribe
After-tax IRR, %  ......  Subscribe
Pre-tax payback period, years  ......  Subscribe
After-tax payback period, years  ......  Subscribe

Required Heavy Mobile Equipment

Lock

- subscription is required.

EV - Electric

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Jan 9, 2025
....................... Subscription required ....................... Subscription required Subscription required Jan 9, 2025
....................... Subscription required ....................... Subscription required Subscription required Jan 9, 2025
....................... Subscription required ....................... Subscription required Subscription required May 23, 2018
....................... Subscription required ....................... Subscription required Subscription required Jan 9, 2025

Aerial view:

Lock

- subscription is required.