Take over target reports improved Cr/Fe ratios
posted on
Nov 17, 2009 11:00AM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Freewest Provides Corrected Chrome to Iron Ratios for the Black Thor Chromite Occurrence, McFaulds Lake Area, Northern Ontario
HIGHLIGHTS:
- Corrected Chrome to Iron ratios (Cr:Fe) for the Black Thor chromite occurrence are indicative of excellent ore quality, with ratios of up to 2.36
- At Black Thor, for grades of 30.0% Cr2O3 or greater, Cr:Fe average is 1.92; for grades of 35.0% Cr2O3 or greater, Cr:Fe average 2.05; and for grades of 40.0% Cr2O3 or greater, Cr:Fe average 2.10
MONTREAL, QUEBEC-(Nov. 17, 2009) - Freewest Resources Canada Inc. (TSX VENTURE:FWR) (the "Company") is pleased to provide an update pertaining to the ore quality of the Black Thor chromite occurrence situated on its 100%-owned McFaulds property. The wholly-owned McFaulds property, consisting of 1,036 hectares, comprises one of three properties in the "Ring of Fire" metals district in northern Ontario in which Freewest is exploring on its own, or under joint-venture agreements. The property is located approximately 300 kilometres north of the Town of Nakina in the James Bay Lowlands in northern Ontario.
CORRECTED BLACK THOR CHROME TO IRON RATIOS:
This news release refers specifically to Freewest Resources Canada Inc. news releases dated September 17, 2009 and October 15, 2009. In those news releases are assay tables that among other things, document Cr:Fe ratios for a number of intercepts obtained during the second phase of drilling on the Black Thor chromite occurrence. Upon review of Freewest's database, the Company's Quality Assurance/Quality Control person noticed errors in the calculation of the Cr:Fe for the drill-hole results reported in the said news releases.
Recalculation of these ratios has been completed, resulting in an 18.75% increase in the Cr:Fe for these drill-holes (see Table 1). For drill-holes that contain 30% Cr2O3 or greater, the average Cr:Fe is 1.92; for drill-holes that contain 35% Cr2O3 or greater, the average Cr:Fe is 2.05 and for drill-holes that contain 40% Cr2O3 or greater, the average Cr:Fe is 2.10. Some of the more prominent Cr:Fe recalculated for these drill-holes include 2.14 (hole BT-09-55 that yielded 42.5% Cr2O3 over 26.0 metres), 2.30 (hole BT-09-60 that returned 41.4% Cr2O3 over 19.0 metres) as well as 2.16 from drill-hole BT-09-54, yielding 43.0% Cr2O3 over 21.0 metres.
Clearly, these ratios are indicative of a chromite deposit with ore quality that is at least as good or better, than those reported for the other chromite occurrences in the "Ring of Fire" metals district.
INDEPENDENT QUALITY CONTROL AND ANALYTICAL PROTOCOL:
A thorough quality control program has been implemented for the McFaulds project including grouping samples into batches of 35 into which are added 2 certified reference material standards, 2 field blanks composed of barren drill core and a field duplicate. Coarse reject and pulp duplicates also from part of the Quality Control program. The Company is confident that all assays reported in this news release have passed rigorous control guidelines as set out by Freewest's independent Quality Assurance/Quality Control person.
All samples were submitted to Activation Labs (Actlabs) of Ancaster, Ontario for analyses. The samples were analyzed for multi-elements using a 4-acid digestion followed by ICP analyses. Gold, platinum and palladium were assayed by the Fire Assay method on 30 grams of prepared sample. All chromite-bearing samples are analyzed by fusion x-ray fluorescence (XRF). The X-ray emissions allow the composition of the sample to be determined by a high degree of accuracy. Additional information on the analytical techniques employed can be accessed on the Actlabs website at www.actlabsint.com.
Additional quality control measures have also been recently adopted for Cr and Fe including the insertion of a certified reference material SARM 8, purchased from Mintek in South Africa. This quality control method provides a check for high-grade chrome samples yielded by INAA analyses provided by Actlabs.
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 company. 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 Tier 1 of the TSX Venture Exchange under the symbol FWR.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more 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)
info@freewest.com
www.freewest.com
or
Bay Street Connect
Michael D'Amico
Investor Relations
(647) 500-6023