Freewest Resources Canada Inc.

Published : March 19th, 2008

Near Surface High Grade Gold Intersected On Noront-Freewest-Murgor

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March 19, 2008

Freewest Resources - Press Release

 


Near Surface High Grade Gold Intersected On Noront-Freewest-Murgor Joint-Ventured Property At Windfall, Quebec

 

 

 

Toronto, Ontario, March 18, 2008 - Noront Resources Ltd. "Noront" (TSX Venture: NOT) is pleased to announce a further significant diamond drill intersection from the Company's Windfall Lake Property situated in Urban Township in the Abitibi Region of Quebec.

Hole NOT-07-175 was one of 15 holes (221.85 m) drilled in conjunction with crown pillar and hydro geological studies required by provincial regulations that deal with underground work in the vicinity of water bodies.
Following completion of geotechnical studies the core from these holes was returned to Noront for geological evaluation and the mineralized sections were then sampled and submitted. No significant assays were reported in the remaining 14 holes.

NOT-07-175 (9+62 mW, 9+95 mN, azimuth 0�, dip -90�, NQ size) was completed to 16.76 m yielding 143.30 g/t gold over 3.22 metres (4.18 oz/t gold over 10.6 feet). True width of this interval is unknown at this time.



Patrick Chance, the QP, observed finely disseminated native gold at several locations in the higher grade intervals in amounts and grain sizes that are consistent with analytical data reported by Bourlamaque Assay Laboratory. The intersection confirms the extension of Murgor's F-17 zone towards surface. An exploration drift will enter this zone at about 60 m below surface during 2008.

Noront proposes to complete several short surface holes to confirm and better define the extent of high grade mineralization in the vicinity of NOT-07-175.

The hole was drilled on the portion of the property held under option from Freewest Resources Canada Inc. (FWR:TSX-V) and Murgor Resources Inc. (MUG:TSX-V) (see Noront press release of Feb 5, 2007).

The Company anticipates that Monterie Expert, the Company's underground contractor, will take the first ramp round by the end of the week of 17 March. Monterie Expert is currently installing surface plant and facilities and plans to complete mobilization of heavy equipment in advance of the annual highway load limit season.

Noront expects to complete Phase 1 of the underground program before the end of 2008. This phase will enter the F-11, F-17 and NOT-06-100 areas up to 100 m below surface.

Hole NOT-07-175 was one of 15 holes (221.85 m) drilled in support of geotechnical and hydrological studies by Forage Abitibi under the supervision of Qualities Montr�al, "Montr�al", a geotechnical subcontractor. The core was processed offsite in Montr�al and subsequently returned to Noront's custody at which time mineralized intervals were selected for assay by an experienced geological technician employed by Noront. This hole was not drilled according to prescribed Noront protocols, as it was drilled to satisfy provincial regulations, however Patrick Chance, the company's QP on the project is satisfied that the integrity of the data has not been comprised in any way.

Samples are taken from (NQ) diamond drill core which is sawed in half, packaged and delivered to Bourlamaque Assay Laboratory for analysis. The remaining half core is stored in a secure location for future reference and further testing. All samples are assayed using a 30-gram fire assay charge with an atomic absorption finish (for which the upper detection limit is 10 g/t). Samples reporting >2 g/t are re-assayed in duplicate using aliquots of the original pulp and of an additional split of the coarse rejects. The re-assay method also comprises a 30 g charge but employs a gravimetric finish.

Noront designates samples in batches of 20.. The assay laboratory reports its internal standards, and blanks and duplicates. The Bourlamaque Assay Lab holds a certificate of laboratory proficiency for the analysis of gold issued under the Proficiency Testing Program for Mineral Analysis Laboratories which is administered by CANMET.

Gold assays are reported to the company in parts per million (ppm) and reported publicly by the company in grams per tonne (1 ppm = 1 gram per tonne). Conversions to ounces per ton (oz/ton) on the tables above employ a factor of 34.2857 grams per tonne equaling 1 troy ounce per short ton. Lengths are reported in meters and are converted to feet by dividing by 0.3048 m/ft (1 foot = 0.3048 m).

One of the qualified persons responsible for overseeing and reviewing the technical data on the Windfall Lake project is Patrick Chance P.Eng. The technical information prepared for disclosure in this Noront news release has been approved by Mr. Chance.

The diamond drill program was completed in an orderly fashion as determined by the Company's geological team including Tracy Armstrong, P.Geo., (a qualified geologist in the Province of Quebec) of P & E Mining Consultants Inc.

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 http://www.freewest.com. Freewest's shares are listed on the TSX Venture Exchange under the symbol FWR.

For further information please contact:

Mackenzie I. Watson
President and CEO
Tel: (514) 878-3551 or 1-888-878-3551
Fax: (514) 878-4427
E-mail: info@freewest.com
Website: http://www.freewest.com

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

 

 

 

 

 

 

FEATURED LINKS

Freewest Resources Web Site

Freewest Resources IR HUB

 

 

 

 

 


Freewest Resources Canada Inc.

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Freewest Resources is a gold and copper exploration company based in Canada.

Freewest Resources holds various exploration projects in Canada.

Its main exploration properties are LIZAR, SUNGOLD, LAROSE PROPERTY, GEORGE RIVER, BARRY - URBAN (WINDFALL), DALHOUSIE, CLAW LAKE, GOLDEN RIDGE, VERNEUIL TOWNSHIP, MC FAULD'S LAKE, CLARENCE STREAM, PLASTER ROCK, CROON LAKE and CAN-FER in Canada.

Freewest Resources is listed in Canada. Its market capitalisation is CA$ 191.3 millions as of today (US$ 190.3 millions, € 135.2 millions).

Its stock quote reached its lowest recent point on December 05, 2008 at CA$ 0.12, and its highest recent level on December 18, 2009 at CA$ 0.99.

Freewest Resources has 214 900 000 shares outstanding.

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Annual reports of Freewest Resources Canada Inc.
2007 Annual Report
Financings of Freewest Resources Canada Inc.
6/4/2009Completes $5.16 Million Private Placement
2/26/2009Retains Investor-Relations Firm And Proposes To Extend Expir...
12/31/2008Announces Closing of $2,300,000 Private Placement
3/6/2008Announces Closing of $3 Million Private Placement
1/11/2008 Engages PowerOne Capital Markets for Private Placement of U...
12/7/2007Announces Private Placement for a Maximum of $800,000
10/31/2007 Announces Second Closing of $800,000 Private Placement With...
10/23/2007Announces Closing of $500,000 "Flow-Through" Private Placeme...
7/30/2007Announces Closing of $1 Million "Flow-Through" Private Place...
Option Grants of Freewest Resources Canada Inc.
1/21/2009Grants Stock Options
9/2/2008Grants Stock Options
Project news of Freewest Resources Canada Inc.
10/26/2009(Mc Fauld's Lake)Commence Drilling of Prospective Airborne Geophysical Anomal...
10/15/2009(Mc Fauld's Lake)Continues to Generate Excellent Drill Results at Black Thor
9/17/2009(Mc Fauld's Lake)Reports Additional Excellent Drill Results From its 100%-Own...
8/11/2009(Mc Fauld's Lake)Diamond Drilling Activity on Its 100%-Owned McFaulds Propert...
6/30/2009(Mc Fauld's Lake)Resumes Diamond Drilling on Its 100%-Owned McFaulds
6/2/2009Intersects 34.1% Cr2O3 Over 174 Metres at Black Thor
2/5/2009Intersects 30.0% Cr2O3 Over 124 Metres at Black Thor
1/9/2009(Clarence Stream)Intersect 8.24 g/t Gold Over 5.00 Metres in Deeper Drilling ...
12/15/2008High-Grade Chromite Intersections Continue To Outline
12/10/2008(Mc Fauld's Lake)Updates Exploration Activities on Its 100%-Owned McFaulds Pr...
11/26/2008(Mc Fauld's Lake)INTERSECTS 40.4% OVER 46.3 METRES AT THE BLACK THOR CHROMIT...
11/21/2008Resume Diamond Drilling on Its 100%-Owned McFaulds Property ...
11/7/2008(Mc Fauld's Lake)Updates Exploration Activity on Its 100%-Owned McFaulds Prop...
11/6/2008(Mc Fauld's Lake)Updates Exploration Activity on Its 100%-Owned McFaulds
9/29/2008Intersects 110 Metres of Chromite
9/15/2008 Intersects 100 Metres Of Chromite Mineralization In First H...
9/10/2008(Mc Fauld's Lake)Commences Diamond Drilling on its 100%-Owned McFaulds Proper...
5/14/2008(Mc Fauld's Lake)Noront and Freewest to Jointly Explore Key Airborne Geophysi...
3/19/2008 Near Surface High Grade Gold Intersected On Noront-Freewest...
3/6/2008(Mc Fauld's Lake)Interpretation of Airborne Geophysical Surveys Completed on ...
2/29/2008(Clarence Stream) Intersects 7.98 G/T Gold Over 12 Metres in Deeper Drilling ...
1/10/2008(Clarence Stream)and Rockport Set to Resume Diamond Drilling at Clarence Stre...
12/21/2007(Sungold)Partners With a Major Mining Company to Further Explore its ...
12/18/2007(Golden Ridge)Explore its Golden Ridge Property in New Brunswick and Maine
10/3/2007(Clarence Stream)Drilling Demonstrates Excellent Potential for Deep Gold Zone...
8/13/2007(Clarence Stream) Intersects 6.59 g/t Gold Over 7.00 Metres in Deeper Drillin...
6/5/2007(Lizar)Options Lizar Gold-Based Metal Property in Northwestern Onta...
2/28/2007Intersects 12.45 g/t Gold Over 4.50 Metres and 12.51 g/t Gol...
Corporate news of Freewest Resources Canada Inc.
1/27/2010Cliffs Acquisition of Freewest Completed
1/26/2010Obtains Final Order for Arrangement With Cliffs Natural Reso...
1/25/2010To apply for final order from Court on January 26
1/14/2010Reminds Shareholders to Vote for Plan of Arrangement
10/14/2009Attending The World Money Show In Toronto
10/14/2009Finds New Partner in Eagle Hill
2/12/2009CEO Interview February 12, 2009
1/16/2009 Significant Chromite Intersections Returned From Two Additi...
11/20/2008Attending Hard Assets Investment Conference - San Francisco
9/26/2008More Massive Chromitite
8/20/2008Spider and KWG Intersect 45.6 Metres of Massive Chromite
7/22/2008Drilling Resumes on Nickel Chrome Prospect
7/9/2008Updates Exploration Activities on Its McFaulds Project in On...
6/13/2008and Rockport Announce Increase in Mineral Resources
6/11/2008Spider, KWG and Freewest Intersect 30.73% Chrome
4/30/2008and Rockport Continue to Expand Deep Zone and Intersect 17.2...
4/8/2008Spider, KWG and Freewest Provide Drill Update on Freewest Op...
4/2/2008Attend The Calgary Resource Investment Conference April 12 &...
3/13/2008Mackenzie Watson to Appear on BBN TV's Commodities Report
2/4/2008 KWG, Spider and Freewest Start Winter Exploration Program
1/28/2008Freewest Resources Press Release - January 28, 2008
12/20/2007Acquires New Volcanic-Hosted Massive Sulphide Occurrence at ...
11/1/2007New Uranium Corridor on its Thor Property in Northwestern On...
10/22/2007 Spend $7.5 Million to Gold Properties in New Brunswick
10/9/2007Announces Filing of Quest Uranium Corporation Preliminary Pr...
10/1/2007Prioritizes Exploration Targets on its Mcfaulds Property, On...
7/11/2007Acquires Croon Lake Uranium Property in Northwestern Ontario...
5/23/2007Acquires Dalhousie Mountain Nickel-Copper-Vanadium Property ...
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