Here's the part I like.

Freewest and Noront recently agreed to jointly explore a key airborne geophysical anomaly situated near the common boundary of the FWR Property and adjacent land owned by Noront Resources Ltd. Under the agreement terms, Freewest and Noront contributed 68 and 70 acres of their properties respectively, to form the joint-venture (Freewest-Noront JV Property).

The joint-venture property covers a prominent bulls-eye shaped magnetic anomaly resembling the magnetic signature associated with the Eagle One deposit. Deep-penetrating electromagnetic surveys (TDEM) will be completed over the magnetic anomaly to help prepare this target for diamond drilling, anticipated to occur in the late fall of 2008