Brandon MacDonald , CEO
Mr. Macdonald is a professional geologist with a diverse experience base including exploration geology worldwide and investment banking. In recent years he has focused his efforts in exploration and development as a principal of and consultant to various junior mining companies. In the past he was in the City of London where he worked in structuring financings and risk management at Macquarie Bank. In 2007 Mr. Macdonald graduated with an MBA (with Distinction) from Oxford. He completed his B.Sc. in Geology from UBC in 2000. Mr. Macdonald has a long history of mining exploration work in Yukon, including zinc projects, and originally hails from Ross River, near the Macmillan Pass Project site. He is a Professional Geologist registered with Engineers and Geoscientists British Columbia (EGBC).
What is your rationale for attending 121 Mining Investment?
Fireweed is attending in order to introduce the project to new potential investors who will provide market support to the Company. The Company is cashed up and with a strong exploration campaign planned to fully explore and grow Macmillan Pass and the district potential. Investors will have a steady flow of news flow forthcoming as management quickly acts on its goals.
What recent news would you like to highlight to investors attending?
Most recently in February 2019, Teck Resources Ltd. led a financing of Fireweed which was a strong validation for the Company that the world’s preeminent zinc miner was willing to fund the continued advancement of the Macmillan Pass project. This is the first time in the history of the area that the full district is held under one company umbrella. Management is working diligently to create a world-class zinc district.
What are your key goals for the next 3, 6 and 12 months?
Fireweed will embark on the 2019 summer exploration campaign starting in May 2019 to test the recently discovered anomalies along the Fertile Corridor and also drill step-outs around the current resource to add efficient tons that will add to the further robustness of the project.
In the fall months in September to November 2019 a steady flow of news releases will come out to the market based on the summer exploration drilling program. We will have tested our targets and come up with the full numbers to potentially support our thesis of the Fertile Corridor potential where we believe a string of pearls on a necklace concept occurs where potential zinc deposits are situated from Tom and Jason deposits to the north-east to Boundary Zone.
Fireweed based on the success of the 2019 summer drill campaign will make a decision to potentially increase the current large resource based on the success of the 2019 campaign, in addition based on that potential resource increase the Company will consider the idea of updating the PEA to include the new information thereby increasing the robustness of the project.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
The key risk now is the lack of support on the zinc price despite all the signs pointing that zinc price should be higher. This causes a bit of a vacuum in the zinc equity space. So it comes down to gaining attention from investors in a tough zinc market.
In a sentence, what do you think makes your company such a compelling investment?
Past management success, size of the asset currently, future potential to increase an already large and robust asset.