Freewest Resources Canada Inc.

Published : December 10th, 2008

Updates Exploration Activities on Its 100%-Owned McFaulds Property in Northern Ontario

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Keywords :   Canada | Chrome | Copper | Diamond | Gold | Iron | K Street | Nickel | Platinum |
December 10, 2008
Freewest Resources - Press Release


Freewest Updates Exploration Activities on Its 100%-Owned McFaulds Property in Northern Ontario


Diamond DRILLING HIGHLIGHTS:

- Drill hole BT-08-03, a 1600-metre step-out hole from BT-08-01, returned 21.4% Cr2O3 over a core length of 109.7 metres (including 30.4% Cr2O3 over 50.1 metres)

- Drill hole BT-08-05, drilled beneath BT-08-03, yielded 21.3% Cr2O3 over 92.4 metres (including 30.7% Cr2O3 over 23.3 metres and 30.0% Cr2O3 over 17.3 metres)

- Hole BT-08-12, a 100-metre step-out to the southwest of BT-08-01 intersected a 144 metre-wide zone of chromite mineralization including a 60 metre-wide zone of massive chromite. Drill hole BT-08-01 intersected a wide zone of chromite mineralization yielding 40.4% Cr2O3 over a core length of 46.3 metres. This higher grade intercept is contained within a broader mineralized zone assaying 30.1% Cr2O3 over a core length of 100.8 metres (see Freewest news release dated November 26, 2008).

MONTREAL, QUEBEC-(Dec. 10, 2008) - Mackenzie I. Watson, President and CEO of Freewest Resources Canada Inc. (TSX VENTURE:FWR) (the "Company') is pleased to announce additional assay results recently obtained from Diamond drill testing of the Black Thor chromite zone. The Black Thor chromite zone is situated on the Company's wholly-owned McFaulds property (the "Property") located 300 kilometres north of Nakina in the James Bay Lowlands of northern Ontario. . 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.

Diamond DRILLING RESULTS:

Drill holes BT-08-03 and 05, are located on grid line 2700N at 229W and 339W, respectively. Both of the holes were drilled to test the lateral continuity of the Black Thor chromite zone, in a broad 1600-metre step-out from the discovery hole BT-08-01, situated on grid line 1100N (see Map 1 and Freewest news releases dated September 29, 2008 and October 17, 2008).

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

Highlighting the recent drill assays are wide intersections of chromite mineralization yielding assays of 21.4% Cr2O3 over 109.7 metres in BT-08-03 and 21.3% Cr2O3 across 92.4 metres in drill hole BT-08-05. Both intercepts returned higher grade intervals assaying 30.4% Cr2O3 over 50.1 metres as well as 30.7% CrO3 across 23.3 metres and 30.0% Cr2O3 over 17.3 metres in holes BT-08-03 and BT-08-05, respectively. The details of the chromite intercepts are as follows.



In addition to the above assays, the Company also wishes to report the visual results obtained in 2 drill holes collared 100 metres to the southwest of drill hole BT-08-01. Drill holes BT-08-11 and BT-08-12 tested the southwest extent of the Black Thor chromite zone in a 100-metre step-out.

Highlighting the new intercepts is a 50 metre-wide zone of chromite mineralization in BT-08-11 and a 144 metre-wide zone of disseminated, banded, semi-massive and massive chromite in drill hole BT-08-12, a deeper cut under the former. This hole also contains a zone of massive chromite mineralization over a core length of 60 metres. Visual results from BT-08-12 are tabled below:



Drilling of the Black Thor chromite zone continues to generate exceptional widths of high-quality chromite mineralization believed to be of world-class caliber. To date, the chromite zone has been traced over an intermittent 1700-metre strike length (between grid lines 1000N and 2700N) with an average true width of approximately 60 metres. It remains completely open-ended along strike and to depth.

One drill rig will continue to test the continuity and strike extent of the Black Thor chromite zone up until the Christmas break. Drilling will continue in early 2009 with 2 drill rigs operating, one to test the Black Thor chromite zone and the second to test a number of high-quality copper-nickel-platinum group element targets situated stratigraphically below the Black Thor chromite zone. Further assay results will be released as they become available.

ANALYTICAL PROTOCOL:

All of the assays reported herein were completed by Activation Laboratories of Ancaster, Ontario. High-grade chrome samples are analyzed by the neutron activation method (INAA) involving irradiating the samples prior to the final analyses. The method also provides analyses for elemental chrome and iron as well as Cr2O3.

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 over C$7.0 million in working capital. It is actively exploring 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
Fax: (514) 878-4427
Email: info@freewest.com
Website: http://www.freewest.com

or

Bay Street Connect
Michael D'Amico
Investor Relations
(647) 500-6023


   
   
FEATURED LINKS

Freewest Resources Web Site

Freewest Resources IR HUB


   


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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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