http://www.kitco.com/pr/2074/article_10012009162201.pdf

SPIDER RESOURCES INC. , KWG RESOURCES INC. AND FREEWEST RESOURCES
CANADA INC., COMMENCE DRILLING ON
THE BIG DADDY CHROMITE PROSPECT
- Drill crew arrived September 22, first hole completed, second hole completed
- First hole intersects 30.3 metres of chromite mineralization; second hole intersects 38.0
metres of chromite mineralization.
- Second drill crew arrived September 26, drilling to commence with second rig this week..
TORONTO, ONTARIO – October 1, 2009 – Spider Resources Inc. (SPQ:TSX-V) (“Spider”),
KWG Resources Inc. (KWG:TSX-V) (“KWG”) and Freewest Resources Canada Inc.
(FWR:TSX-V) (“Freewest”) are pleased to announce the start-up of an 11,000 metre drill
program on the Big Daddy Chromite property, which comprises of four 16 unit claims, one 12
unit claim plus two additional one unit claims (1,248 hectare property), pursuant to the first year
commitment on an Amended Option Agreement with Freewest dated September 10, 2009.
As stated on September 14, 2009, KWG and Spider have committed to undertake an exploration
program on the Big Daddy Chromite Property under which an aggregate of at least $5 million
must be spent by March 31, 2010, in order for Spider and KWG to earn an additional 1.5% each
(3.0% in aggregate), bringing each Optionees respective interest level to 26.5%. The field aspect
of this program has commenced, with crews arriving on September 20, 2009. Field operations are
currently based out of the Billiken Management Services Ltd.’s Base camp, located at McFaulds
Lake. Cabo Drilling (Ontario) Corp. was recently awarded the diamond drilling contract portion
of the program. It is anticipated that approximately 11,000 metres of diamond drilling will be
completed during the current phase of exploration, the results of which will be incorporated into
an initial resource estimate for Big Daddy. In addition, Aecom Canada has recently been awarded
the contract for Base Line Environmental work and Traditional Knowledge studies both of which
will involve the project’s First Nation neighbors, and will be undertaken to provide the necessary
information for future development plans.
Drilling Program
Drilling commenced September 23, 2009 on hole FW-09-24 located on Line 1400E @ 1700N;
drilling at 135o azimuth, with an initial dip of -50o. Intermittent chromite beds in a serpentinized
dunite were intersected between 64.6 and 86.0 metres downhole. Chromitite was intersected
between 101.9 and 132.2 metres downhole (30.3 metres of massive chromite). The hole was
stopped at 136.4 metres in pyroxenite on September 26th. Assay results are pending. This hole
compares favorably with holes FW-08-22 and FW-08-23, both of which are located 100 metres to
the southwest on Section 1300E. As previously announced on January 14, 2009, Hole FW-08-22
encountered 42.08% Cr2O3 over 34.8 metres, and FW-08-23 encountered 34.96% Cr2O3 over
42.0 metres. These two holes also encountered intriguing platinum and palladium mineralization
grading as high as 1.08 g/t Pt and 1.5 g/t Pd over 4 metres (in hole FW-08-23). True width of the
chromitite and the platinum and palladium zone is not yet determined.
A second hole FW-09-25 was started on September 26, 2009 on Line 1400E @ 1800N with an
initial azimuth of 135o azimuth, with an initial dip of -50o, designed to undercut hole FW-09-24.
Intermittent chromite beds were intersected between 153.4 and 233.9 in a serpentized dunite. This
was followed by chromitite from 233.9 onwards to 271.9 metres downhole (38.0 metres of
massive chromite). The hole was stopped at 341.0 metres in pyroxenite on September 30, 2009.
Assays are pending on this hole. The first drill is moving onto its’ third hole setup.
The second drill crew arrived on September 26, 2009 and are in the process of moving the second
rig onto its’ first site. It is anticipated that this rig will commencing drilling on October 1, 2009 .
There are ~28 holes planned for the current drill program, testing the Big Daddy Chromite
Occurrence along its entire geophysically inferred strike length (estimated to be in excess of 1
kilometer) to a depth of 250 metres.
About Spider Resources Inc.
Spider Resources Inc. is the Pioneer exploration company in the James Bay Lowlands of
Northern Ontario, exploring this area since 1993. The exploration team at Spider is
responsible for the discovery of 8 kimberlites to the east of the Ring of Fire as well as 2
VMS deposits (McFaulds 1 and McFaulds 3), 8 additional VMS occurrences, and the Big
Daddy Chromite Prospect within the Ring of Fire. Spider Resources Inc. is a Tier 2
Canadian exploration company, quoted for trading on the TSX Venture Exchange under the
symbol SPQ. There are currently 389,545,100 shares issued in Spider.
For further information concerning Spider Resources Inc., please contact:
Neil D. Novak, P.Geo.
President and CEO
Direct: 416-203-8636
Email: info@spiderresources.com Website: www.spiderresources.com
About Freewest
Freewest is a well-financed mineral exploration company with more than C$5.0 million in
working capital as well as a $CDN 15 million investment in Quest Uranium Corp. at current
prices with no debt. It is actively exploring for gold, base-metals and chromite 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 concerning Freewest Resources Canada Inc., please contact:
Mackenzie I. Watson or Bay Street Connect
President and CEO Michael D'Amico
Tel: (514) 878-3551 or 1-888-878-3551 Investor Relations
Fax: (514) 878-4427 Tel: (647) 500-6023
E-mail: info@freewest.com Website: www.freewest.com