HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

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)

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Message: FWR News out

FWR News out

posted on Dec 10, 2008 08:34AM
Dec 10, 2008 13:20 ET

Freewest Updates Exploration Activities on Its 100%-Owned McFaulds Property in Northern Ontario

DIAMOND DRILLING HIGHLIGHTS:

- Drill hole BT-08-03, a 1600-metre step-out hole from BT-08-01, returned 21.4% Cr2O3 over a core length of 109.7 metres (including 30.4% Cr2O3 over 50.1 metres)

- Drill hole BT-08-05, drilled beneath BT-08-03, yielded 21.3% Cr2O3 over 92.4 metres (including 30.7% Cr2O3 over 23.3 metres and 30.0% Cr2O3 over 17.3 metres)

- Hole BT-08-12, a 100-metre step-out to the southwest of BT-08-01 intersected a 144 metre-wide zone of chromite mineralization including a 60 metre-wide zone of massive chromite. Drill hole BT-08-01 intersected a wide zone of chromite mineralization yielding 40.4% Cr2O3 over a core length of 46.3 metres. This higher grade intercept is contained within a broader mineralized zone assaying 30.1% Cr2O3 over a core length of 100.8 metres (see Freewest news release dated November 26, 2008).

MONTREAL, QUEBEC--(Marketwire - Dec. 10, 2008) - Mackenzie I. Watson, President and CEO of Freewest Resources Canada Inc. (TSX VENTURE:FWR) (the "Company') is pleased to announce additional assay results recently obtained from diamond drill testing of the Black Thor chromite zone. The Black Thor chromite zone is situated on the Company's wholly-owned McFaulds property (the "Property") located 300 kilometres north of Nakina in the James Bay Lowlands of northern Ontario. . The Property, consisting of 4 mineral claims or 1036 hectares, comprises one of three properties in which the Company is currently exploring on its own and in strategic joint-ventures in the emerging "Ring of Fire" metal district.

DIAMOND DRILLING RESULTS:

Drill holes BT-08-03 and 05, are located on grid line 2700N at 229W and 339W, respectively. Both of the holes were drilled to test the lateral continuity of the Black Thor chromite zone, in a broad 1600-metre step-out from the discovery hole BT-08-01, situated on grid line 1100N (see Map 1 and Freewest news releases dated September 29, 2008 and October 17, 2008).

Map 1 comprises part of this news release and is posted on the Freewest website at www.freewest.com.

Highlighting the recent drill assays are wide intersections of chromite mineralization yielding assays of 21.4% Cr2O3 over 109.7 metres in BT-08-03 and 21.3% Cr2O3 across 92.4 metres in drill hole BT-08-05. Both intercepts returned higher grade intervals assaying 30.4% Cr2O3 over 50.1 metres as well as 30.7% CrO3 across 23.3 metres and 30.0% Cr2O3 over 17.3 metres in holes BT-08-03 and BT-08-05, respectively. The details of the chromite intercepts are as follows.



----------------------------------------------------------------------------
Hole No. Coordinates Dip From To Interval % Cr2O3
(metres) (metres) (metres)
----------------------------------------------------------------------------
BT-08-03 L2700N, 229W -50ยท 226.0 335.7 109.7 21.4
degr- including 227.0 236.8 9.0 39.1
ees and including 242.5 253.8 11.3 23.4
and including 285.6 335.7 50.1 30.4
that includes 313.6 335.7 22.1 40.0
----------------------------------------------------------------------------
BT-08-05 L2700N, 339W -50 386.0 478.4 92.4 21.3
degr- including 386.0 409.3 23.3 30.7
ees and including 453.1 478.4 25.3 27.5
that includes 461.1 478.4 17.3 30.0
----------------------------------------------------------------------------



In addition to the above assays, the Company also wishes to report the visual results obtained in 2 drill holes collared 100 metres to the southwest of drill hole BT-08-01. Drill holes BT-08-11 and BT-08-12 tested the southwest extent of the Black Thor chromite zone in a 100-metre step-out.

Highlighting the new intercepts is a 50 metre-wide zone of chromite mineralization in BT-08-11 and a 144 metre-wide zone of disseminated, banded, semi-massive and massive chromite in drill hole BT-08-12, a deeper cut under the former. This hole also contains a zone of massive chromite mineralization over a core length of 60 metres. Visual results from BT-08-12 are tabled below:



----------------------------------------------------------------------------
INTERVAL INTERSECTED
(METRES) DESCRIPTION WIDTH
(METRES)
----------------------------------------------------------------------------
222.0-243.1 Chromite layers in dunite, estimated to contain
between 35-40% chromite 21.1
----------------------------------------------------------------------------
243.1-250.2 Semi-massive chromite mineralization, estimated to
contain about 60% chromite 7.1
----------------------------------------------------------------------------
250.2-269.8 Disseminated and cumulate chromite in peridotite 19.6
----------------------------------------------------------------------------
269.8-276.4 Semi-massive chromite, estimated to contain about
60% chromite 6.6
----------------------------------------------------------------------------
276.4-306.2 Semi-massive chromite with occasional bands of
green dunite 29.8
----------------------------------------------------------------------------
306.2-366.4 Massive chromite mineralization 60.2
----------------------------------------------------------------------------

Total Width of Chromite Zone 144.4

----------------------------------------------------------------------------



Drilling of the Black Thor chromite zone continues to generate exceptional widths of high-quality chromite mineralization believed to be of world-class caliber. To date, the chromite zone has been traced over an intermittent 1700-metre strike length (between grid lines 1000N and 2700N) with an average true width of approximately 60 metres. It remains completely open-ended along strike and to depth.

One drill rig will continue to test the continuity and strike extent of the Black Thor chromite zone up until the Christmas break. Drilling will continue in early 2009 with 2 drill rigs operating, one to test the Black Thor chromite zone and the second to test a number of high-quality copper-nickel-platinum group element targets situated stratigraphically below the Black Thor chromite zone. Further assay results will be released as they become available.

ANALYTICAL PROTOCOL:

All of the assays reported herein were completed by Activation Laboratories of Ancaster, Ontario. High-grade chrome samples are analyzed by the neutron activation method (INAA) involving irradiating the samples prior to the final analyses. The method also provides analyses for elemental chrome and iron as well as Cr2O3.

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 corporation with over C$7.0 million in working capital. It is actively exploring for gold and base-metals 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.



The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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