Funding Boost for Yukon Regional Infrastructure Development

Fireweed Metals Corp. has secured C$35.4 million in funding from the Government of Canada and the U.S. Department of Defense. The funding supports regional infrastructure advancements in Yukon's mineral-rich regions. Up to C$12.9 million from Canada will finance road and power infrastructure along the North Canol Road corridor, potentially benefiting Snowline Gold Corp.'s Valley deposit nearby. This announcement aligns with government plans for a Yukon-BC power grid connection.

The initiative also includes funding from the U.S. to advance Fireweed's Mactung tungsten deposit, emphasizing the strategic importance of critical minerals. A shared infrastructure corridor aims to enhance economic prospects while minimizing environmental impacts.