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...
AnglaisFrancais
Cours Or & Argent en

Freewest Resources Canada Inc.

Publié le 07 novembre 2008

Updates Exploration Activity on Its 100%-Owned McFaulds Property, James Bay Lowlands, North

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Canada | Copper | K Street | Nickel |
Having trouble viewing this e-mail? please use this link.

Freewest Updates Exploration Activity on Its 100%-Owned McFaulds Property, James Bay Lowlands, Northern Ontario

Breaking News for: November 6, 2008
Trading Symbol: FWR:TSX-V

HIGHLIGHTS:

- Hole BT-08-10 testing the Black Thor chromite zone, intersected 69.5 metres of semi-massive to massive chromite mineralization

- Drill hole BT-08-09 testing the F2 nickel-copper zone, yielded semi-massive nickel-copper mineralization over narrow widths

- An additional hole targeting the F2 nickel-copper zone (BT-08-08), encountered two 30 metre-wide chromite zones and a disseminated zone of nickel-copper mineralization

Freewest Resources Canada Inc. (TSX VENTURE:FWR) (the "Company") is pleased to provide the following update on diamond drilling and other exploration activities on it's wholly-owned McFaulds property (the "Property"). The Property, consisting of 4 mineral claims or 1,036 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.

Specifically, the visual results of the last 3 diamond drill holes are reported on in this news release. The location of all drill holes completed to date is illustrated on Figure 1. Results from the drill holes will be released as they become available.

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

THE BLACK THOR CHROMITE ZONE:

As previously reported, 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.

Drill hole BT-08-10 provided a shallow cut of the chromite zone at the 100-metre level, immediately above the mineralized intercept obtained in hole BT-08-01 (centre of the chromite zone intersected at the 200-metre level in this BT-08-01). The details of mineralization encountered in hole BT-08-10 are tabled below.

---------------------------------------------------------------------------
INTERSECTED
INTERVAL WIDTH
HOLE NO. (METRES) DESCRIPTION (METRES)
---------------------------------------------------------------------------
BT-08-10 116.5-124.5 Massive chromite bands hosted within dunite 8.0
---------------------------------------------------------------------------
124.5-139.0 Massive chromite mineralization 14.5
---------------------------------------------------------------------------
139.0-153.7 Semi-massive chromite hosted in dunite 14.7
---------------------------------------------------------------------------
153.7-161.5 Massive chromite mineralization 7.8
---------------------------------------------------------------------------
161.5-166.5 Semi-massive chromite in dunite 5.0
---------------------------------------------------------------------------
166.5-174.2 Massive chromite mineralization 7.7
---------------------------------------------------------------------------
174.2-186.0 Semi-massive and cumulate chomite in dunite 11.8
---------------------------------------------------------------------------
Total Width of Chromite Zone 69.5
---------------------------------------------------------------------------

THE F2 NICKEL-COPPER ZONE:

The F2 nickel-copper zone was discovered while completing hole BT-08-06, testing a coincident conductor and magnetic anomaly defined by the VTEM airborne geophysical survey (see Freewest news release of October 17, 2008). The hole yielded disseminated and net-textured pyrrhotite, pentlandite and chalcopyrite intermittently within pyroxenite, over a core length of 28.8 metres. Such mineralization is clearly indicative of a magmatic massive sulphide style of mineralization similar to that encountered at the Eagle One deposit and the Eagle Two nickel-copper-platinum group element occurrence of Noront Resources Ltd.

Drill holes BT-08-08 and BT-08-09 are step-out holes situated 100 metres to the southwest and northwest respectively, from hole BT-08-06. Both drill holes intersected significant mineralization as summarized below.

---------------------------------------------------------------------------
INTERSECTED
INTERVAL WIDTH
HOLE NO. (METRES) DESCRIPTION (METRES)
---------------------------------------------------------------------------
BT-08-09 278.4-283.5 Net textured and stringer, pyrrhotite,
chalcopyrite and pentlandite in pyroxenite 5.1
---------------------------------------------------------------------------
297.0-297.1 Narrow zone of massive pyrrhotite,
pentlandite and chalcopyrite in breccia zone 0.1
---------------------------------------------------------------------------
300.3-300.4 Stringers of pentlandite and chalcopyrite
in breccia zone 0.1
---------------------------------------------------------------------------
302.3-302.4 Clast of massive pyrrhotite, pentlandite
and chalcopyrite in breccia zone 0.1
---------------------------------------------------------------------------
BT-08-08 35.5-72.0 Semi-massive chromite within pyroxenite 34.5
---------------------------------------------------------------------------
120.0-137.0 Semi-massive to massive chromite 17.0
---------------------------------------------------------------------------
195.0-223.8 Semi-massive to massive chromite 28.8
---------------------------------------------------------------------------
353.0-365.5 Disseminated chalcopyrite, pyrrhotite and
pentlandite within pyroxenite 12.5
---------------------------------------------------------------------------

Collectively, the sulphides encountered in all of the holes completed to date on the F2 nickel-copper zone are appreciably deformed and have likely been remobilized. Such deformation textures in sulphides hosted within brecciated ultramafic lithotypes, suggests that the mineralization is possibly hosted within or close to a conduit. Conduits are prime locales for the deposition of nickel-copper-platinum group element deposits. Copper-nickel mineralization at the site of the F2 zone remains completely open-ended along strike and at depth.

The chromite mineralization obtained in hole BT-08-08 was not expected and its relationship with the Black Thor zone has not been established based on the limited drilling. It likely represents an additional chromite zone hosted in the lower parts of the ultramafic sill or in the footwall to the Black Thor chromite zone. Additional drilling is clearly warranted to test this premise.

GRAVITY SURVEY:

Following completion of drill hole BT-08-10, drilling was temporarily suspended for a 3-week period. This short break in drilling will permit the completion of a systematic gravity survey to be completed over both the Black Thor chromite zone as well as the F2 nickel-copper occurrence. Additionally, the gravity survey will cover numerous quality coincident airborne and ground conductors and magnetic highs, thought to be prospective for nickel-copper-platinum group element mineralization. Drilling will recommence in late November and continue up to the Christmas break testing both the Black Thor chromite zone as well as the priority nickel-copper-platinum group element targets.

Mackenzie I. Watson, President and CEO of the Company stated: "We remain extremely encouraged by the early visual drilling results at both the Black Thor chromite zone as well as at the F2 nickel-copper occurrence. The presence of nickel-copper sulphides at F2 even though not massive, demonstrates that we are drilling within a system where magmatic nickel-copper-platinum group element mineralizing processes have been clearly active. We look forward to continued success in diamond 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 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.


FOR FURTHER INFORMATION PLEASE CONTACT:

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 


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


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

Click Here for a Free Real-time Stock Quote on FWR:TSX-V

 



VantageWire.com is able to offer free real time stock data to you the subscriber because of advertisers such as the company listed in this email. Please take some time to review the information below as it is a supporter of VantageWire and one of the primary enablers of your free real time access.  We thank you for your attention and welcome you to our community.

Disclaimer: Vantage Communications Ltd. was paid to distribute this bulletin.
Vantage Communications may or may not own securities in this particular company.
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!
You are on this mailing list because you registered for VantageWire News.
Past performance of Companies mentioned does not guarantee future performance.

You may opt out at any time by replying to this email with the word "remove".

For more information about this service, please contact
Vantage Communications Ltd. at 1.800.574.0901
Suite 510 - 1199 W. Pender St., Vancouver, BC Canada V6E 2R1

This email complies with the US Federal CAN-SPAM Act of 2003


 



  This email was sent to .com, by news@vantagewire.com.
You may from this list. If this message was received in error, please report it.


  VantageWire.com | 1-800-574-0901 | Suite 510 - 1199 W. Pender St. | Vancouver | BC | V6E 2R1 | CA

Powered by Mailworkz
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$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,70 AU$-0,65%Trend Power :
Oceana Gold(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
12,26 US$+2,68%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,53 GBX-1,87%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,64 CA$-1,86%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
16,23 CA$+4,04%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,24 CA$+4,26%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,20 AU$+2,63%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,88 CA$+0,53%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
52,71 US$+0,19%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+5,56%Trend Power :