Freewest Recommences Diamond Drilling at Clarence Stream, New Brunswick and Prepares for Deep Infinitem Electromagnetic Survey at Sungold Property in Ontario.MONTREAL -- Mackenzie I. Watson, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Freewest Resources Canada Inc. (the "Company") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:FWR FWR Foundation for Water Research (UK) FWR Full-Wave Rectified (electricity) FWR For Whatever Reason FWR Fish and Wildlife Resources FWR Fire When Ready FWR Field Work Report FWR Feed Water Regulator ), is pleased to announce that diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral has recommenced on the Company's Clarence Stream property. The wholly-owned property comprises 11,296 hectares and is located close to infrastructure, 70 kilometres south of Fredericton, in south-western New Brunswick New Brunswick, province, Canada New Brunswick, province (2001 pop. 729,498), 28,345 sq mi (73,433 sq km), including 519 sq mi (1,345 sq km) of water surface, E Canada. . E[acute accent]Drilling will continue to test the on-strike and depth potential of several gold deposits, known as proximal deposits, that occur in a high-strain zone over a two-kilometre strike length. In particular, it will focus on tracing the West Zone where drilling by the Company in late 2005, returned some very encouraging results. Such results include 26.38 g/t gold over 5.00 metres, 4.90 g/t gold over 11.00 metres, 39.80 g/t gold over 2.00 metres and 15.84 g/t gold across 2.00 metres (see news release of January 16, 2006). E[acute accent]Diamond drilling will also target a high-grade zone of gold and antimony antimony (ăn`tĭmō'nē) [Lat. antimoneum], semimetallic chemical element; symbol Sb [Lat. stibium,=a mark]; at. no. 51; at. wt. 121.75; m.p. 630.74°C;; b.p. 1,750°C;; sp. gr. (metallic form) 6. at the site of one of the distal deposits known as the AD Zone. Earlier drill intercepts from the AD Zone returned 32.29 g/t gold and 23.10 percent antimony over 7.25 metres (hole AD03-53) and 4.70 g/t gold and 2.66 percent antimony over 5.00 metres (hole AD03-57). Drilling results will be released as they become available. E[acute accent]A geological map of the Clarence Stream property showing the location of the gold zones comprises part of this news release and is posted on the Freewest website at www.freewest.com. E[acute accent]In other developments, the Company will shortly commence a deep-penetrating InfiniTEM ground electromagnetic survey (EM) on the Sungold property. The Sungold property contains a high-grade, copper-zinc volcanogenic vol·ca·no·gen·ic adj. Of volcanic origin. massive sulphide discovery known as the Wye Lake occurrence. Since its discovery, the Wye Lake occurrence has been the focus of intensive exploration work completed during the last 6 months including geological mapping, trenching, horizontal loop electromagnetic surveys (HLEM HLEM Horizontal-Loop Electromagnetic (system) HLEM High Level Event Manager ) as well as diamond drilling. E[acute accent]Drilling of the Wye Lake occurrence returned modest results including 6.21 percent zinc over 4.43 metres and 1.22 percent copper over 5.74 metres in massive sulphide and stringer-type copper mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. , respectively. The Wye Lake occurrence has been tested by drilling over an intermittent strike length of one kilometre and to a vertical depth of 175 metres, where it remains open along strike and to depth. E[acute accent]The InfiniTEM survey is intended to help detect massive sulphide mineralization below the current levels of drilling (175 vertical metres) and along the projected strike length of the Wye Lake occurrence. Any deep conductors detected in such a survey will be prime targets for diamond drilling. Additionally, at least 3 strong, short-strike HLEM anomalies located proximal to the Wye Lake occurrence remain to be drilled. Drilling is anticipated for all of the targets in early March. E[acute accent]Don Hoy, P. Geo. (Ontario), Vice President of Exploration and a Director of Freewest Resources Canada Inc. is the Qualified Person on the Sungold property and is responsible for the preparation of this news release. E[acute accent]Freewest is a well-funded mineral exploration company 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 TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. under the symbol FWR. E[acute accent]The TSX Venture Exchange has not reviewed and does not accept resp onsibility for the adequacy or accuracy of this news release. E[acute accent]Freewest Resources Canada Inc. (TSX VENTURE:FWR) |
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