Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
Cours Or & Argent

Freewest Resources Canada Inc.

Publié le 09 janvier 2009

Intersect 8.24 g/t Gold Over 5.00 Metres in Deeper Drilling of East Zone at Clarence Stream

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Canada | Copper | Indium | Nickel |
January 9, 2009
Freewest Resources - Press Release


Freewest and Rockport Intersect 8.24 g/t Gold Over 5.00 Metres in Deeper Drilling of East Zone at Clarence Stream, New Brunswick


HIGHLIGHTS:

- Significant gold mineralization intersected at the East zone over a 200-metre strike length; Mineralization is open at depth and along strike to the east, clearly indicating potential for significant resource expansion.

- 2008 drill program successfully extended Proximal Deposit trend to a minimum strike length of 3.6 kilometres.

- The 40 holes completed since the last mineral resource update have expanded the limits of mineralization, yielding significant gold results including 7.11 g/t over 5.00 metres, 17.25 g/t over 5.00 metres, 9.71 g/t over 5.00 metres and 8.24 g/t over 5.00 metres in drill holes 273, 290, 295 and 208 respectively.

- Rockport is funding an ongoing exploration and resource expansion drill program targeted to increase the property's mineral resource to the 1 million-ounce-plus range.

MONTREAL, QUEBEC-(Jan. 9, 2009) - Freewest Resources Canada Inc. (TSX VENTURE:FWR) and Rockport Mining Corp. (Rockport) are pleased to report the results of additional diamond drilling completed on the Clarence Stream property (the "Property") in late 2008. The Property comprising 11,296 hectares, is located proximal to infrastructure, 70 kilometres southwest of Fredericton and 10 kilometres east of the Mount Pleasant tin-tungsten-molybdenum-indium deposit in Charlotte County, southwestern New Brunswick.

EAST ZONE DRILLING RESULTS:

As documented in the news release dated June 13, 2008, drilling at Clarence Stream has identified 2 deposit areas known as the Proximal and Distal deposits. The Proximal deposits occur over a minimum strike length of 3.6 kilometres. Most of the mineralized zones are remain open along strike and to depth, offering excellent potential for resource expansion (Figure 1).

The late 2008 drilling of the Proximal deposit trend tested the East Zone area where previous drilling has been shallow, generally above the 100-metre level. Highlighting the drill results is an intersection of 8.24 g/t gold over 5.00 metres obtained in drill hole CS-08-308. This hole, in concert with 5 other holes (CS-08-306, 307, 309, 310 and 311) yielded significant gold values over a 200-metre strike length and to a vertical depth of 250 metres (Figure 2). The mineralization is completely open at depth and along strike to the east, clearly indicating potential for further resource expansion. The significant intercepts obtained from the East Zone area drilling are as follows:





In all, 11 drill holes were completed testing a 600-metre segment of the East Zone below the 100-metre level. Gold mineralization occurs in quartz veins and stock-work hosted within altered siltstone.

Figures 1 and 2 comprise part of this news release and are posted on the Freewest website at http://www.freewest.com

FUTURE WORK:

The immediate goal of planned drilling at Clarence Stream is to increase the mineral resource to the 1 million-ounce-plus range. The next phase of exploration will incorporate:

- further in-fill, step-out and deeper drilling at the East Zone area,

- additional drilling of the highly prospective East and West Extension locales of the Proximal Deposit trend, both situated along-strike and down-plunge from known zones of mineralization (Figure 1).

- updating the property's mineral resource estimate, and

- completing a Preliminary Economic Assessment ("scoping study") to examine the viability of commercial production. The "scoping study" is anticipated for completion in the second quarter of 2009.

The latest 43-101 compliant mineral resource estimate for the Property contain an Indicated Mineral Resource of 815,000 tonnes at a grade of 8.99 g/t gold (uncut) yielding 235,000 ounces of gold, and an Inferred Mineral Resource of 660,000 tonnes grading 7.35 g/t gold (uncut) containing 156,000 ounces of gold (Scott Wilson Roscoe Postle Associates, June 2008). It is important to note that the mineral resource incorporates results only up to drill-hole CS08-272 and that 40 additional holes have been drilled since the resource update. These hole have encountered significant mineralization such as 7.11 g/t gold over 5.00 metres, 17.25 g/t gold over 5.00 metres, 9.71 g/t gold over 5.00 metres and 8.24 g/t gold over 5.00 metres in drill holes 273, 290, 295 and 208 respectively, have further expanded the limits of gold bearing system and will add to the mineral resource.

In addition to the gold, an Inferred Mineral Resource of 7.3 million pounds of antimony is also present on the Property.

Rockport is currently funding the exploration and resource expansion program at Clarence Stream. Rockport may earn a 30% interest in the Property by spending $3,000,000 on exploration and a cumulative 50% interest by spending an additional $4,500,000 on exploration prior to October 2011.. A cumulative 65% interest may be obtained by Rockport funding the Property through to a feasibility study. Rockport is a private St. Andrews-based (New Brunswick) mineral exploration company.

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.

McFAULDS 100%-OWNED PROJECT, ONTARIO:

In other news, Freewest reports that diamond drilling will shortly resume on the Company's 100%-owned McFaulds property located in northern Ontario.. Two (2) drill rigs will be utilized, the first to continue testing the continuity and extent of the Black Thor chromite zone and the second, to test numerous high-quality copper-nickel-platinum group element targets situated in the footwall to Black Thor.

Drilling by Freewest at Black Thor (late 2008) has traced the zone intermittently over a 1700-metre strike length, returning drill intercepts of 40.4% CR2O3 (over 46.3) metres (part of a wider zone assaying 30.1% Cr2O3 (over 100.8) metres), 30.4% CR203 (over 50.1) metres (part of a broader zone assaying 21.4% Cr2O3 (over 109.7) metres) and 30.7% CR2O3 (over 23.3) metres (part of a wider zone assaying 21.3% Cr2O3 (over 92.4) metres). It remains completely open along strike and to depth. Residual bouguer gravity anomalies defined by a recently completed ground survey, display excellent correlation with the Black Thor chromite zone and are suggestive of the presence of a very large chromite deposit. Results will be released as they become available.

Freewest is a well-funded mineral exploration corporation, with working capital in excess of $9.0 million, exploring for gold, base-metals and chromite in Eastern Canada. Corporate information can be accessed on the Internet at http://www.freewest..com. Freewest' shares are listed on the TSX Venture Exchange under the symbol FWR.

The TSX Venture Exchange has not approved and does not accept responsibility for the adequacy or of this press 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

Rockport Mining Corp.
Henry A. Miller
President and CEO
(506) 529-8206
Fax: (506) 529-8595

or

AGORACOM
Investor Relations
Email: FWR@freewest.com
Website: http://agoracom.com/ir/freewest


   
   
FEATURED LINKS

Freewest Resources Web Site

Freewest Resources IR HUB


   


Contact Us






. <
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Freewest Resources Canada Inc.

EXPLORATEUR
CODE : FWR.V
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Freewest Resources est une société d’exploration minière d'or et de cuivre basée au Canada.

Freewest Resources détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont 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 et CAN-FER au Canada.

Freewest Resources est cotée au Canada. Sa capitalisation boursière aujourd'hui est 191,3 millions CA$ (190,3 millions US$, 135,2 millions €).

La valeur de son action a atteint son plus bas niveau récent le 05 décembre 2008 à 0,12 CA$, et son plus haut niveau récent le 18 décembre 2009 à 0,99 CA$.

Freewest Resources possède 214 900 000 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Rapports annuels de Freewest Resources Canada Inc.
2007 Annual Report
Financements de Freewest Resources Canada Inc.
04/06/2009Completes $5.16 Million Private Placement
26/02/2009Retains Investor-Relations Firm And Proposes To Extend Expir...
31/12/2008Announces Closing of $2,300,000 Private Placement
06/03/2008Announces Closing of $3 Million Private Placement
11/01/2008 Engages PowerOne Capital Markets for Private Placement of U...
07/12/2007Announces Private Placement for a Maximum of $800,000
31/10/2007 Announces Second Closing of $800,000 Private Placement With...
23/10/2007Announces Closing of $500,000 "Flow-Through" Private Placeme...
30/07/2007Announces Closing of $1 Million "Flow-Through" Private Place...
Attributions d'options de Freewest Resources Canada Inc.
21/01/2009Grants Stock Options
02/09/2008Grants Stock Options
Projets de Freewest Resources Canada Inc.
26/10/2009(Mc Fauld's Lake)Commence Drilling of Prospective Airborne Geophysical Anomal...
15/10/2009(Mc Fauld's Lake)Continues to Generate Excellent Drill Results at Black Thor
17/09/2009(Mc Fauld's Lake)Reports Additional Excellent Drill Results From its 100%-Own...
11/08/2009(Mc Fauld's Lake)Diamond Drilling Activity on Its 100%-Owned McFaulds Propert...
30/06/2009(Mc Fauld's Lake)Resumes Diamond Drilling on Its 100%-Owned McFaulds
02/06/2009Intersects 34.1% Cr2O3 Over 174 Metres at Black Thor
05/02/2009Intersects 30.0% Cr2O3 Over 124 Metres at Black Thor
09/01/2009(Clarence Stream)Intersect 8.24 g/t Gold Over 5.00 Metres in Deeper Drilling ...
15/12/2008High-Grade Chromite Intersections Continue To Outline
10/12/2008(Mc Fauld's Lake)Updates Exploration Activities on Its 100%-Owned McFaulds Pr...
26/11/2008(Mc Fauld's Lake)INTERSECTS 40.4% OVER 46.3 METRES AT THE BLACK THOR CHROMIT...
21/11/2008Resume Diamond Drilling on Its 100%-Owned McFaulds Property ...
07/11/2008(Mc Fauld's Lake)Updates Exploration Activity on Its 100%-Owned McFaulds Prop...
06/11/2008(Mc Fauld's Lake)Updates Exploration Activity on Its 100%-Owned McFaulds
29/09/2008Intersects 110 Metres of Chromite
15/09/2008 Intersects 100 Metres Of Chromite Mineralization In First H...
10/09/2008(Mc Fauld's Lake)Commences Diamond Drilling on its 100%-Owned McFaulds Proper...
14/05/2008(Mc Fauld's Lake)Noront and Freewest to Jointly Explore Key Airborne Geophysi...
19/03/2008 Near Surface High Grade Gold Intersected On Noront-Freewest...
06/03/2008(Mc Fauld's Lake)Interpretation of Airborne Geophysical Surveys Completed on ...
29/02/2008(Clarence Stream) Intersects 7.98 G/T Gold Over 12 Metres in Deeper Drilling ...
10/01/2008(Clarence Stream)and Rockport Set to Resume Diamond Drilling at Clarence Stre...
21/12/2007(Sungold)Partners With a Major Mining Company to Further Explore its ...
18/12/2007(Golden Ridge)Explore its Golden Ridge Property in New Brunswick and Maine
03/10/2007(Clarence Stream)Drilling Demonstrates Excellent Potential for Deep Gold Zone...
13/08/2007(Clarence Stream) Intersects 6.59 g/t Gold Over 7.00 Metres in Deeper Drillin...
05/06/2007(Lizar)Options Lizar Gold-Based Metal Property in Northwestern Onta...
28/02/2007Intersects 12.45 g/t Gold Over 4.50 Metres and 12.51 g/t Gol...
Communiqués de Presse de Freewest Resources Canada Inc.
27/01/2010Cliffs Acquisition of Freewest Completed
26/01/2010Obtains Final Order for Arrangement With Cliffs Natural Reso...
25/01/2010To apply for final order from Court on January 26
14/01/2010Reminds Shareholders to Vote for Plan of Arrangement
14/10/2009Attending The World Money Show In Toronto
14/10/2009Finds New Partner in Eagle Hill
12/02/2009CEO Interview February 12, 2009
16/01/2009 Significant Chromite Intersections Returned From Two Additi...
20/11/2008Attending Hard Assets Investment Conference - San Francisco
26/09/2008More Massive Chromitite
20/08/2008Spider and KWG Intersect 45.6 Metres of Massive Chromite
22/07/2008Drilling Resumes on Nickel Chrome Prospect
09/07/2008Updates Exploration Activities on Its McFaulds Project in On...
13/06/2008and Rockport Announce Increase in Mineral Resources
11/06/2008Spider, KWG and Freewest Intersect 30.73% Chrome
30/04/2008and Rockport Continue to Expand Deep Zone and Intersect 17.2...
08/04/2008Spider, KWG and Freewest Provide Drill Update on Freewest Op...
02/04/2008Attend The Calgary Resource Investment Conference April 12 &...
13/03/2008Mackenzie Watson to Appear on BBN TV's Commodities Report
04/02/2008 KWG, Spider and Freewest Start Winter Exploration Program
28/01/2008Freewest Resources Press Release - January 28, 2008
20/12/2007Acquires New Volcanic-Hosted Massive Sulphide Occurrence at ...
01/11/2007New Uranium Corridor on its Thor Property in Northwestern On...
22/10/2007 Spend $7.5 Million to Gold Properties in New Brunswick
09/10/2007Announces Filing of Quest Uranium Corporation Preliminary Pr...
01/10/2007Prioritizes Exploration Targets on its Mcfaulds Property, On...
11/07/2007Acquires Croon Lake Uranium Property in Northwestern Ontario...
23/05/2007Acquires Dalhousie Mountain Nickel-Copper-Vanadium Property ...
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (FWR.V)
0,890-1.11%
TSX-V
CA$ 0,890
26/01 17:50 -0,010
-1,11%
Cours préc. Ouverture
0,900 0,880
Bas haut
0,870 0,920
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  0,890 -%
Volume var. 1 mois
5 117 102 -%
24hGold TrendPower© : 2
Produit
Développe
Recherche Antimony - Copper - Diamonds - Gold - Nickel - Palladium - Platinum - Uranium - Vanadium - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 23/01/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,05 AU$+0,43%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
8,91 US$-2,73%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,59 GBX-3,26%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,05 CA$+10,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,06 CA$+0,00%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
12,67 +0,88%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,34 CA$+6,25%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,18 AU$+0,00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,77 -2,21%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
40,37 US$-0,22%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+0,00%Trend Power :
Profitez de la hausse des actions aurifères
  • Inscrivez-vous à notre market briefing minier
    hebdomadaire
  • Recevez nos rapports sur les sociétés qui nous semblent
    présenter les meilleurs potentiels
  • Abonnement GRATUIT, aucune sollicitation
  • Offre limitée, inscrivez-vous maintenant !
Accédez directement au site.