Freewest Resources Canada Inc.
TSX VENTURE : FWR

Freewest Resources Canada Inc.

October 03, 2007 13:34 ET

Freewest Drilling Demonstrates Excellent Potential for Deep Gold Zones at Clarence Stream, New Brunswick

MONTREAL, QUEBEC--(Marketwire - Oct. 3, 2007) - Freewest Resources Canada Inc. (TSX VENTURE:FWR)

HIGHLIGHTS:

- Deepest drilling to date at Clarence Stream intersects significant gold mineralization between the 200 and 300-metre level; all zones remain completely open-ended at depth and along strike

- Intercepts include 6.59 g/t gold over 7.00 metres, 3.57 g/t gold over 7.00 metres and 3.04 g/t gold over 6.00 metres

Mackenzie I. Watson, President and CEO of Freewest Resources Canada Inc. (FWR:TSX-V) (the "Company"), is pleased to announce the complete results of a deep drilling program, recently completed on it's Clarence Stream property (the "Property"). The wholly-owned Property consists of 11,296 hectares and is located close to infrastructure, 70 kilometres southwest of the City of Fredericton in south-western New Brunswick.

The objective of this recent phase of drilling was to test the deeper levels of the gold-bearing system at vertical depths ranging from 200 to 300 metres, in the Central Zone locale. Specifically, it tested a small portion of a 2000 metre-long high-strain zone that hosts the Central Zone and a number of other gold deposits, known as the proximal deposits. The complete results of the drilling are as follows:



---------------------------------------------------------------------------
Hole No. Coordinates Dip From To Interval Gold
(metres) (metres) (metres) (metres) (g/t) Comments
(1)
---------------------------------------------------------------------------
CS07-262 L800E, 250N -45 153.00 159.00 6.00 4.43 visible
(2) degrees Incl. gold,
153.00 156.50 3.50 7.31 intersection
at vertical
depth of
117 metres
---------------------------------------------------------------------------
CS07-263 L775E, 300N -45 193.50 195.50 2.00 47.28 visible
(2) degrees gold,
intersection
at vertical
depth of
140 metres
---------------------------------------------------------------------------
CS07-264 L750E, 400N -50 286.50 293.50 7.00 6.59 visible
(2) degrees gold,
intersection
at vertical
depth of
210 metres
---------------------------------------------------------------------------
CS07-265 L650E, 403N -50 281.00 288.00 7.00 3.59 Visible
(2) degrees Incl. gold,
281.00 283.00 2.00 7.72 intersection
at vertical
depth of
208 metres
---------------------------------------------------------------------------
CS07-266 L750E, 325N -45 209.75 210.75 1.00 3.00 intersection
degrees at vertical
depth of
155 metres
---------------------------------------------------------------------------
CS07-267 L750E, 400N -65 354.65 356.75 2.00 6.90 intersection
degrees at vertical
depth of
320 metres
---------------------------------------------------------------------------
CS07-268 L700E, 400N -50 271.00 277.00 6.00 3.04 intersection
degrees at vertical
depth of
210 metres
---------------------------------------------------------------------------
CS07-269 L700E, 400N -65 326.50 330.50 4.00 3.50 intersection
degrees at vertical
depth of
295 metres
---------------------------------------------------------------------------
CS07-270 L650E, 400N -65 294.50 302.00 7.50 1.49 intersection
degrees at vertical
depth of
200 metres
---------------------------------------------------------------------------

(1) Assays performed by ALS Chemex of Val d'Or, Quebec using the fire assay
method using 30 grams of prepared sample
(2) Previously reported in Freewest News Release dated August 8, 2007


Highlighting the drilling results are intercepts of 6.59 g/t gold over 7.00 metres, 47.28 g/t gold over 2.00 metres (earlier reported in Freewest news release of August 8, 2007) as well as 3.04 g/t gold over 6.00 metres and 6.90 g/t gold over 2.00 metres. Gold mineralization occurs in quartz veins and stock-work hosted within deformed gabbro and microgranite dikes and sills, intruding biotite-cordierite hornfels. The gold zone defined by the deep drilling program remains completely open at depth and along strike.

A longitudinal section illustrating the location and gold tenor of the deep gold zone comprise part of this news release and can be viewed on the website at www.freewest.com. Click here to view section.

CURRENT AND FUTURE WORK:

Diamond drilling will continue to text the proximal gold deposits at vertical depths of 200 to 300 metres, utilizing 50 to 100-metre step-outs in relation to the recently completed drill holes, with the objective of expanding the dimensions of the gold zones to ultimately increase their contained gold resource. A primary goal of the Company at Clarence Stream is to update the 43-101 compliant mineral resource estimate from the early 2006 Roscoe Postle Associates calculation. It is anticipated that an updated mineral resource will be available in late 2007 or early 2008.

Glen Lutes, P. Geo. (New Brunswick) is the qualified person on-site at the Clarence Stream property. Donald Hoy, P. Geo. (Ontario) Vice President of Exploration and a Director of Freewest Resources Canada Inc. is responsible for the preparation of this news release.

Freewest is a well-funded mineral exploration company exploring for gold, base-metals and uranium within Eastern Canada. Corporate information can be accessed on the Internet at www.freewest.com. Freewest's shares are listed on the TSX Venture Exchange under the symbol FWR.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

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