Freewest drilling hits gold at Clarence Stream

Vancouver — Freewest Resources Canada (FWR-V) has released encouraging results from its first ten holes at the Murphy zone at the Clarence Stream gold project in New Brunswick.

The Murphy zone represents one of several gold zones that occur within an extensive 2.3 km-long multi-eliment till anomaly. The large northwest-striking anomaly, dubbed “Anomaly A” is characterized by highly anomalous levels of gold, bismuth, antimony, arsenic, tungsten and molybdenum. Trenching has intermittently exposed the Murphy zone over a 400-metre strike length and yielded channel samples as high as 4.81 grams gold over 5 metres.

Drilling has tested the Murphy zone over a strike lengh of 250 metres and to a vertical depth of 30 metres. The drilling campaighn has identified strongly sericitzed quartz stockwork mineralization that is hosted within metasedimentary rocks. This mineralization ranges in thickness from 3-to-15 metres that dips shallowly (10-to-30 degrees) to the north. The quartz stockwork and veins are reported to contain a visual estimate of 3-to-5% disseminated to clotty pyrite and sphalerite with lesser amounts of stibnite, arsenopyrite, chalcopyrite and locally visible gold.

Freewest believes that the controlling structure of the mineralization may be a thrust fault. It reasons that the contorted and disrupted nature of quartz veins and stockwork as well as the variable core angles of the surrounding wallrock combined with the low angle dip of the mineralization may indicate thrust faulting.

The Murphy zone remains open along strike and to depth and drilling continues to test the area. Freewest states that further drilling will focus on the AD and MW zones that are also hosted in anomaly A. These areas have returned values of up to 14.9 grams and 10.2 gram gold per tonne in bedrock sampling.

The 100%-owned property is situated about 70 km southwest of Fredericton and covers about 98 sq. km of prospected ground. Highlights of the recent drill results are as follows;

• Hole CS-65 cut 0.72 metres averaging 9.77 grams gold per tonne, starting at a down-hole depth of 15.95 metres.
• Hole CS-66 intersected 7 metres grading 1.04 grams gold starting from 15.0 metres down-hole.
• Hole CS-67 intersected 2.5 metres grading 3.23 grams gold, from 18.40 metres.
• Hole CS-68 hit 5.30 metres averaging 1.15 grams gold, from 7.5 metres.
• Hole CS-69 cut 6.5 metres grading 0.71 gram gold, from 8.7 metres.
• Hole CS-70 intersected 9.0 metres averaging 7.33 grams gold, from 23.7 metres.
• Hole CS-71 hit 5.5 metres grading 1.55 grams gold, from 20.3 metres.
• Hole CS-72 cut 2.0 metres averaging 0.83 gram, from 20.20 metres.
• Hole CS-73 hit 3.0 metres averaging 1.17 grams gold, from 37.2 metres.
• Hole CS-74 hit 3.5 meters averaging 3.71 grams gold, from 2.5 metres.

All intervals are reported close to true width. Assays are still pending for holes CS-75 and 76.