James Bay Lowlands & Bob Lake Saskatchewan

Yes, a BIG HIT and only more big hits are coming

Free
Message: What is currently occuring with BMK

Spider, KWG and Freewest Commence Drilling on Freewest Option Property McFauld's Lake Area, Northern Ontario

TORONTO, ONTARIO--(Marketwire - March 11, 2008) - Spider Resources Inc. (TSX VENTURE:SPQ) "Spider" and KWG Resources Inc. (TSX VENTURE:KWG) "KWG" and Freewest Resources Canada Inc. (TSX VENTURE:FWR) "Freewest" are pleased to announce the startup of a diamond drilling program on their jointly owned Freewest Option property (the "Property"), located approximately 15 kilometers southwest of the McFaulds Lake volcanogenic massive sulphide ("VMS") occurrences of Spider and KWG and approximately 3.6 kilometers northeast of Noront Resources Ltd.'s Eagle One Magmatic Massive Sulphide ("MMS") discovery in the James Bay Lowlands region of Northern Ontario. This diamond drilling program will initially be focussed near and around a previously discovered chrome-nickel-platinum group element occurrence in peridotite that has many similarities to the new discovery (Eagle Two) of Noronto Resources. Billiken Management Services Inc. has been retained to complete the field program under the onsite supervision of Dr. Howard Lahti, Billiken also advises that a diamond drill contract with Cabo Drilling Corp., has recently been awarded the diamond drill contract. The approved budget for the program is $2.4 million, to cost of which will be shared 50:50 between Spider and KWG.

Share
New Message
Please login to post a reply