Freewest Resources Canada Inc.
TSX VENTURE : FWR

Freewest Resources Canada Inc.

November 21, 2008 08:30 ET

Freewest Set to Resume Diamond Drilling on Its 100%-Owned McFaulds Property in Northern Ontario

MONTREAL, QUEBEC--(Marketwire - Nov. 21, 2008) - Mackenzie I. Watson, President and CEO of Freewest Resources Canada Inc. (TSX VENTURE:FWR) (the "Company") today announces that diamond drilling is set to resume on the Company's wholly-owned McFaulds property (the "Property"). The Property, consisting of 4 mineral claims or 1036 hectares, comprises one of three properties in which the Company is currently exploring, on its own and in strategic joint-ventures in the emerging "Ring of Fire" metal district.

In the near term leading up to the Christmas break, the immediate objective of drilling will be to continue drilling the Black Thor chromite zone. Specifically, the emphasis will be on in-fill drilling along the strike of the mineralized zone. The Black Thor chromite zone has been traced over an intermittent 1600-metre strike length and to a vertical depth of 300 metres (see Freewest news release dated October 17, 2008). The limited drilling testing it, indicates the presence of thick zones of semi-massive to massive chromite mineralization attaining true widths of up to 90 metres. Chromite mineralization is hosted within a continuous northeast to southwest-trending ultramafic sill complex consisting of variably altered dunite, peridotite and pyroxenite. Mineralization remains completely open-ended along strike and to depth (see Map 1).

Map 1 comprises part of this news release and is posted on the Freewest website at www.freewest.com.

Meanwhile, a detailed gravimetric survey is currently underway on the Property. The systematic survey is being completed over the Black Thor chromite zone, the F2 nickel-copper occurrence (see Freewest news release of November 6, 2008) as well as numerous quality coincident airborne and ground geophysical conductors and magnetic anomalies. Collectively, the gravity survey combined with earlier geophysical work will assist in prioritizing drill targets for chromite as well as nickel-copper-platinum group element mineralization.

Assays results for the initial 10 holes drilled on the Property should be forthcoming shortly and will be released as they become available.

The Company also wishes to announce that a second drill will be employed on the Property commencing in early 2009. One of the drills will be used to drill-off the Black Thor chromite zone while the second drill will be utilized to test the numerous nickel-copper-platinum group element targets situated stratigraphically below, or in the footwall to Black Thor. It is anticipated that the second phase of diamond drilling utilizing the two drill rigs will consist of a minimum of 10,000 metres of drilling.

Donald Hoy, P. Geo. (Ontario),Vice President of Exploration and a Director of Freewest Resources Canada Inc. is the Qualified Person (under National Instrument 43-101) on the McFaulds project and is responsible for the preparation of this news release.

Freewest is a well-financed mineral exploration corporation with approximately C$7.0 million in working capital. The Company actively explores for gold and base-metals 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 news release.

Contact Information

  • Freewest Resources Canada Inc.
    Mackenzie I. Watson
    President and CEO
    (514) 878-3551 or 1-888-878-3551
    (514) 878-4427 (FAX)
    Email: info@freewest.com
    Website: www.freewest.com
    or
    Bay Street Connect
    Michael D'Amico
    Investor Relations
    (647) 500-6023