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Freewest Resources resume drilling at James Bay
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Thursday, 24 Jul 2008
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Freewest Resources Canada Inc and Spider Resources Inc jointly announced that diamond drilling resumed on July 17th 2008 on their jointly owned Freewest Option property located in Ontario's James Bay Lowlands. Spider and KWG are funding this project as per a tri party joint venture agreement with Freewest.

The current drill program is designed to delineate the layered chrome occurrence discovered by Spider and KWG in 2006 in a portion of a mafic and ultramafic intrusive body who's magnetic signature and structure has been designated as the Ring of Fire Intrusive and which hosts the Eagle One and the Eagle Two Nickel Copper PGM occurrences of Noront as well as Noront's newly discovered Blackbird One chrome occurrence announced on May 27th 2008 including anomalous nickel and palladium).

The release added that the focus of the Spider-KWG drill program will be to further evaluate this Cr-PGE-Ni occurrence, exploring it to greater depths and along strike and to continue the testing of several of the other anomalies on the property.

The current drilling is approximately 3.5 kilometers northeast of Noront Resources Ltd's Eagle One discovery where Noront recently announced an indicated resource of 1.83 million tonnes with an average grade of 1.96% nickel, 1.18% copper, 1.12 g/t Pt, 3.91 g/t Pd, as well as an inferred resource of 1.09 million tonnes with an average grade of 2.39% nickel, 1.27% copper, 1.37 g/t Pt and 4.5 g/t Pd. The drilling is also located approximately 15 kilometers southwest of the McFaulds Lake volcanogenic massive sulphide occurrences where Spider, KWG and UC Resources Ltd announced an indicated resource of 802,000 tonnes with an average grade of 3.75% copper and 1.1% zinc at their jointly owned McFaulds #3 deposit.

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