TSX-V:FWZ

Advancing Yukon’sMacmillan Pass Zn-Pb-Ag Project

June 2017

TSX-V:FWZ

Cautionary StatementsThe following statements are required by Canadian securities legislation:

Forward-Looking Statements:

This presentation may contain certain “forward-looking” statements and information relating to Fireweed Zinc that are based on the beliefs of Fireweed Zinc management, as well as assumptions made by and information currently available to Fireweed Zinc management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including but not limited to, without limitations, exploration and development risks, expenditure and financing requirements, general economic conditions, changes in financial markets, the ability to properly and efficiently staff the Company’s operations, the sufficiency of working capital and funding for continued operations, title matters, First Nations relations, operating hazards, political and economic factors, competitive factors, metal prices, relationships with vendors and strategic partners, governmental regulations and supervision, permitting, seasonality and weather, technological change, industry practices, and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. Fireweed does not assume the obligation to update any forward-looking statement or forward-looking information except as required by law.

*The reader is cautioned that a qualified person has not done sufficient work to classify the historical estimates in this presentation as current resources. The Company has not verified these historical resources and is not treating these historical estimates as current mineral resources. While these estimates were prepared, in accordance with National Instrument 43-101 and the “Canadian Institute of Mining, Metallurgy and Petroleum Standards on Mineral Resources and Mineral Reserves Definition Guidelines” in effect at the time (2007), there is no assurance that they are in accordance with current standardsand these resource estimates should not be regarded as consistent with current standards or unduly relied upon as such. Fireweed includes these historical estimates in this document for information purposes as they represent material historical data which have previously been publicly disclosed. To Fireweed’s knowledge, the 2007 Technical Report is the most recent resource estimate available regarding the Tom-Jason Project.

NI43-101 Qualified Person:

Brandon Macdonald P.Geo ,CEO and Director of Fireweed Zinc, and a Qualified Person under the meaning of Canadian National Instrument 43-101, is responsible for the technical information in this presentation.

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About Fireweed ZincBuilding a New Zinc Company• Public Canadian Corporation

headquartered in Vancouver• Focused on the Macmillan Pass Project• Signed Definitive Agreement with

Hudbay on Tom & Jason Claims in December 2016 to acquire 100%

• T&J represent a substantial zinc-lead-silver resource with excellent exploration potential and moderate exploration costs

• Recently listed on the TSX-V• In conjunction with $4.0M IPO• Trading under the symbol TSX-V:FWZ

• 7.86M shares under 3 year decreasing escrow, including all held by management

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Share StructureIssued & Outstanding 17,753,970Agent’s Warrants 403,000Options 1,380,000Performance Shares 4,000,000Fully-Diluted* 23,536,970

*Excludes final share payment to Hudbay

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Management Team

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John Robins Executive Chairman & Director

• Founder, Executive Chairman & Director of Kaminak Gold Corporation

• $520M T/O by Goldcorp• Current director of Northern Empire

Resources Corp., Kivalliq Energy Corporation, K2 Gold Corporation, Bluestone Resources Inc.

• In 2017 Mr. Robin’s companies raised >$100M

• Winner of AMEBC’s H.H. “Spud” Huestis Award 2008

Brandon MacdonaldCEO & Director

• Current director of NorthIsle Copper & Gold Inc, Commander Resources Ltd

• Ex Macquarie Bank• BSc Geology UBC, MBA Oxford

University• Long history of work in Yukon

including zinc projects• Originally hails from Ross River, Yukon,

closest community to Tom & Jason

George GorzynskiDirector• Director, VPX IMPACT SilverRichard HajdukiewiczDirector• Ex Goldman & DeutscheDan RognessDirector• Ex TeckAdrian RothwellDirector• CEO Kore Mining

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The Macmillan Pass Project

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Building on a Substantial Resource• Located in Yukon, Canada, mining

friendly jurisdiction with road access via Canol Road

• Contains two known Sedex Deposits• 1951 - Tom discovered by Hudbay• 1974 - Jason found by Ogilvie JV• 2007 - Hudbay acquires Jason,

uniting the two properties• ~70,000m of drilling on the two

properties since initial discovery• Combined Historical Resource* of

• 6.43 Mt Indicated @ 11.5% ZnEq• 6.33% Zn, 5.05% Pb, 56.55 g/t Ag

• 25.55 Mt Inferred @ 10.2% ZnEq• 6.71% Zn, 3.48% Pb, 33.86 g/t Ag

Macmillan PassProject Location

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Historical ResourceResource from 2007 43-101 Technical Report *

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* Taken from “Technical Report on the Tom and Jason Deposits, Yukon Territory, Canada” written by Scott-Wilson RPA for Hudbay Minerals in 2007 and available on SEDAR. A qualified person has not done sufficient work to classify these historical estimates as current resources. The Company has not verified these historical resources and is not treating these historical estimates as current mineral resources. While these estimates were prepared, in accordance with National Instrument 43-101 and the “CIM Guidelines” in effect at the time (2007), there is no assurance that they are in accordance with current standards and these resource estimates should not be regarded as consistent with current standards or unduly relied upon as such. Fireweed includes these historical estimates in this document for information purposes as they represent material historical data which have previously been publicly disclosed.

Mt Zn % Pb % Ag ZnEq %1

Tom (Indicated) 4,977,010 6.65 4.36 47.77 11.35Jason (Indicated) 1,451,220 5.25 7.42 86.68 13.37Indicated Total 6,428,230 6.33 5.05 56.55 11.81

Tom (Inferred) 13,547,920 6.68 3.10 31.77 10.34Jason (Inferred) 11,001,150 6.75 3.96 36.42 10.87Inferred Total 24,549,070 6.71 3.48 33.86 10.38

1. ZnEq (zinc equivalent) does not include recovery or payables and is based on metal prices at 2017-06-12

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Land PositionSubstantial Land Holdings• Together the Tom & Jason

claims cover a large area of 5,159 Ha

• Footprint of the deposits is very small compared to property size

• Much of the rest of the ground remains poorly explored using modern exploration techniques

• Most recent field exploration programs were more than 25 years ago

• Satellite zones (such as the End Zone) are not fully drilled off, if even drilled at all

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Jason Deposit

Tom Deposit

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Mineralization Expansion

Excellent Upside Potential• Significant potential to

expand the known mineralization

• Very little deep drilling has been done

• Most zones extend to depth

• Potential for expansion along trend

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Jason Deposits remain open for expansion at depth

Tom Deposits remain open for expansion at depth

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Exploration PotentialPotential for New Discoveries• Focus has largely been on proving up

known mineralization• Last exploration program left untested drill

targets

• Exploration vectors point to new areas of property

• Geochemistry (stream sediments, water, soils)

• Stratigraphy (basin edge)

• Large land package provides ample room for new discoveries

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InfrastructureExcellent Access for Exploration & Development• Project is on the government maintained Canol

Road, ~200km from Ross River• Macmillan Pass airstrip within property boundary• Overall moderate costs for northern exploration

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Camp & Facilities

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Turnkey for Additional Work• Tom claims have Class 3 permit in place and

Type B Water License• Excellent camp installed in 2011• Internal roads to initial drill sites• Core is on site and well organized

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Metallurgy Preliminary Metallurgical Study Conducted in 2012• Whole-core HQ from 4 holes in 2011, totalling 764 kg from the Tom

deposit• Bond ball mill work index of 11.5 kWh/tonne was calculated• Recoveries:

• 83% of the Pb and 73% of the Ag in the Pb concentrate• 79% of the Zn and 12% of the Ag in the Zn concentrate

• Concentrate results summarized below:

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Product Weight %Assay %

Zn Pb AgFlotation Feed 100 5.15 3.18 34Zinc Concentrate 7.0 58.5 1.76 56Lead Concentrate 3.7 4.23 70.9 673

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Near-Term Corporate Objectives

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Timeframe Plans2017 Q3 • Commence drill program at T&J

• 2000m initial program• Support resource update & metallurgy

• Re-log and re-sample historic core • Property mapping, geochemistry and geophysics

• Synthesize new exploration model2017 Q4 • Last of drill results available

• Updated 43-101 Resource2018 Q2 • Preliminary Economic Assessment published

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For More Information, Please Contact:Brandon Macdonald

CEO & DirectorEmail: brandon@fireweedzinc.com

Phone: +1 604 646 8360

Suite 1020 - 800 West Pender St.Vancouver, BC V6C 2V6

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Appendix: Environment and CSRExcellent & Proactive Project Stewardship• Environmental baseline studies began at

site in 2000 and were expanded in 2008• 12 surface water monitoring stations, 3

ground water wells, and 2 weather stations

• Nearest community is Ross River, population 350, home to Ross River Dena First Nations

• Relationship with Ross River Dena First Nations has been good with members having worked on the Project

• CEO Brandon Macdonald is originally from Ross River and is familiar with the community

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Water Monitoring

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Appendix: Acquisition TermsFireweed can acquire a 100% interest in T&J Project from Hudbay• Two year option with ability to exercise after 12 months• Making payments totaling $1,000,000 CAD to Hudbay

• $100,000 due on the signing of the definitive agreement PAID• $150,000 on Fireweed’s IPO PAID• $750,000 on the exercise of the Option

• Issuing to Hudbay a quantity of shares equal to 15% of Fireweed’s then issued and outstanding shares (on a fully diluted basis but excluding shares issued for acquisitions apart from Tom Jason) upon exercise of the Option

• Incurring aggregate expenditures of at least $1,000,000 CAD prior to the exercise of the Option, of which at least $250,000 must be incurred during the first 12 months following the Execution Date of the Definitive Agreement

• 3% NSR on Jason claims only, purchasable for $5.25M CAD

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Appendix: SEDEX DepositsSEDEX (SEDimentary EXhalative)• Deposit type for over half the world’s zinc

production• Also important source for lead

• Western Canadian Examples Include:• Mesoproterozoic Sullivan district • Late Cambrian Anvil district (Faro)• Early Silurian Howard's Pass district (Selwyn) • Late Devonian Gataga district (Cirque)• Late Devonian Macmillan's Pass district (Tom

and Jason)

• Global examples include Mt Isa-Century and McArthur River Districts (Australia), Red Dog (Alaska), and Meggen-Rammelsberg (Germany)

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Taken from S. Paradis et al, 2016