Freewest hits gold at Clarence

Vancouver — Freewest Resources Canada (FWR-V) has released encouraging results from its first 10 holes at the Murphy zone at the Clarence Stream gold project in New Brunswick.

The gold zone is one of several that occur in 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 length of 250 metres and to a vertical depth of 30 metres. The program has identified strongly sericitzed quartz stockwork mineralization that is hosted in metasedimentary rocks. This mineralization ranges in thickness from 3 to 15 metres that dips shallowly (10-30) to the north. The quartz stockwork and veins are reported to contain a visual estimate of 3-5% 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, may indicate thrust-faulting.

The Murphy zone remains open along strike and at depth, and drilling is focusing on the AD and MW zones, which are also hosted in Anomaly A. These areas have returned values of up to 14.9 grams and 10.2 grams gold per tonne in bedrock sampling.

Situated 70 km southwest of Fredericton, the wholly owned property covers 98 sq. km of prospected ground. Recent drill results are as follows:

– Hole 66 cut 7 metres of 1.04 grams gold starting from 15 metres down-hole.

– Hole 67 cut 2.5 metres of 3.23 grams gold, from 18.4 metres.

– Hole 68 cut 5.3 metres of 1.15 grams gold, from 7.5 metres.

– Hole 70 cut 9 metres of 7.33 grams gold, from 23.7 metres.

– Hole 71 cut 5.5 metres of 1.55 grams gold, from 20.3 metres.

– Hole 73 cut 3 metres of 1.17 grams gold, from 37.2 metres.

– Hole 74 cut 3.5 meters of 3.71 grams gold, from 2.5 metres.

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