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Fireweed Zinc ( (TSE:FWZ) ) just unveiled an announcement.
Fireweed Metals has launched an updated feasibility study for its 100%-owned Mactung tungsten project in Yukon, drawing on extensive historical work and its successful 2025 field season. The company has assembled a roster of internationally recognized engineering, mining, metallurgical, and environmental consultants experienced in northern projects to deliver a technically robust study by early 2027.
Wood Canada will lead overall study integration and cost estimation, while SLR Consulting updates the mineral resource model using new and historical drilling data. Ausenco will design the process plant and tungsten flowsheet, Worley will oversee mine design and planning, and Knight Piésold and Lorax will advance geotechnical and water management designs aligned with Yukon regulatory expectations.
Key work programs already underway include updating the block model, optimizing mine plans to prioritize high-margin early mill feed, and conducting metallurgical and geometallurgical testwork to support process selection and recovery modelling. Backed by funding under the U.S. Defense Production Act and a completed 2014 environmental assessment, the feasibility study is intended to underpin mine license applications in 2027, advancing what Fireweed describes as a premier global tungsten deposit toward potential development.
The most recent analyst rating on (TSE:FWZ) stock is a Hold with a C$4.00 price target. To see the full list of analyst forecasts on Fireweed Zinc stock, see the TSE:FWZ Stock Forecast page.
Spark’s Take on TSE:FWZ Stock
According to Spark, TipRanks’ AI Analyst, TSE:FWZ is a Neutral.
The score is held down primarily by weak financial performance (pre-revenue operations, large losses, and worsening cash burn). Technicals provide meaningful support with an uptrend and positive momentum indicators, but valuation is constrained by negative earnings and no dividend data.
To see Spark’s full report on TSE:FWZ stock, click here.
More about Fireweed Zinc
Fireweed Metals is a Canadian exploration company focused on developing a new critical metals district in Northern Canada. It owns 100% of the 985 km2 Macpass District, which hosts the Macpass zinc‑lead‑silver project and the Mactung tungsten project in Yukon, positioning the Lundin Group company in key strategic metals for industrial and defense markets.
YTD Price Performance: 57.56%
Average Trading Volume: 386,372
Technical Sentiment Signal: Buy
Current Market Cap: C$900.4M
See more insights into FWZ stock on TipRanks’ Stock Analysis page.