Fireweed Metals Corp (FWEDF)

[douginil]

Tungsten – the other critical metal and a way to play it

July 1, 2022

One key theme at the PDAC convention this year – Canada’s annual mining convention, sponsored by the Prospectors and Developers Association of Canada – was the idea of so-called “critical metals”
....

All this, and for well over a century the metal was essential to making old fashioned incandescent light bulbs – in fact, General Electric once held a patent on its use for just that purpose.

....

Have you figured it out yet? It’s tungsten.

....

For now, we’ll skip the deep history and just note again that the key global supplier is China. ‘Nuff said on that, right?

So, is there any tungsten in North America, you may wonder? Well, yes! And I visited a truly remarkable site on a recent trip up to the Yukon.

I’m pleased to report that there’s a superb tungsten deposit in Canada, straddling the border of Yukon and Northwest Territories. It’s called MacTung, located at the very top of a high mountain, running along a glacial-carved ridge.

....

This year a company called Fireweed Metals Corp. (TSXV: FWZ; OTCQB: FWEDF) bought the MacTung claims from the government – interesting story; too long to discuss here. But it’s a Fireweed play now.

If you follow such things, Fireweed Metals used to be called Fireweed Zinc, and in fact the company just changed its name in the past couple of weeks.




Read the full article at:
https://investorintel.com/markets/technology-metals/technology-metals-intel/tungsten-the-other-critical-metal-and-a-way-to-play-it/?utm_source=rss&utm_medium=rss&utm_campaign=tungsten-the-other-critical-metal-and-a-way-to-play-it