Old news--Reposted to compare to Mustang Drilling Report
DISCOVERS NEW PLATINUM PALADIUM
COPPER NICKEL SHOWING IN EAST BULL
LAKE INTRUSION NEAR SUDBURY, ONTARIO
datetime:09 Sep 1998 08:43:00 / FREEWEST RESOURCES CANADA INC
FREEWEST RESOURCES CANADA INC ("FWR-TM")
- DISCOVERS NEW PLATINUM-PALADIUM-COPPER-NICKEL SHOWING
IN
- EAST BULL LAKE INTRUSION NEAR SUDBURY, ONTARIO
FREEWEST RESOURCES CANADA INC. IS VERY PLEASED TO
ANNOUNCE THE RESULTS
OF A RECENT STRIPPING, BLASTING AND SAMPLING PROGRAM
CARRIED OUT ON ITS 100
PERCENT OWNED FOLSON LAKE PGE-CU-NI PROPERTY LOCATED IN
GEROW TOWNSHIP
APPROXIMATELY 80 KM WEST OF SUDBURY, ONTARIO. THE 20 CLAIM
(320 HECTARE)
PROPERTY COVERS PART OF THE EAST BULL LAKE INTRUSION (EBLI).
THIS
INTRUSION, WHICH IS 20 KM LONG, UP TO 4 KM WIDE AND AT LEAST
800 M THICK
HAS BEEN INTERPRETED TO BE A LOPOLITH WITH INWARD DIPPING,
DIFFERENTIATED
MAGMATIC ZONES GENERALLY STRIKING PARALLEL TO THE
MARGINS OF THE INTRUSION
(PECK ET AL, 1991).
THE EBLI WAS THE SUBJECT OF A 4 YEAR GEOLOGY, MINERAL
POTENTIAL, AND
PETROGENESIS STUDY CONDUCTED BY LAURENTIAN UNIVERSITY
FROM 1990 TO 1994
WITH GRANTS FROM THE UNIVERSITY AND THE GOVERNMENTS OF
ONTARIO (O.G.S.) AND
CANADA (E.M.R. & N.S.E.R.C.). THE STUDY IDENTIFIED A LATERALLY
CONTINUOUS
"... ZONE OF PLATINUM GROUP ELEMENTS (PGE) AND ASSOCIATED
COPPER+NICKEL
(CU+NI) MINERALIZATION IN THE BASAL PORTION OF THE EBLI ..."
(PECK ET AL,
1991) AND CONCLUDED THAT THE GREATEST ABUNDANCE OF
MAGMATIC SULPHIDES
"...OCCUR IN A VARIETY OF GABBROIC ROCKS TYPES THAT FORM THE
MATRIX OF THE
INCLUSION-BEARING ZONE..." (PECK ET AL 1995). THE CLAIMS WERE
STAKED OVER
A SECTION OF THE ZONE WHERE A "... VALUE OF 1010 PPB COMBINED
PLATINUM,
PALLADIUM AND GOLD ..." WAS OBTAINED (BYRON ET AL, 1994).
THE STRIPPING, BLASTING AND SAMPLING PROGRAM WAS DONE TO
FOLLOW UP
SAMPLE RESULTS OF 3.2 G/T PALLADIUM, 1.4 G/T PLATINUM, 3.4 G/T
SILVER AND
0.2 G/T GOLD OBTAINED FROM A GRAB SAMPLE COLLECTED WHEN
THE CLAIMS WERE
BEING STAKED. THE PROGRAM TESTED THE INCLUSION-BEARING
ZONE OVER A WIDTH
OF 15 M AND A STRIKE LENGTH OF 25 M. A TOTAL OF 37 GRAB AND
CHIP SAMPLES
WERE COLLECTED FROM 3 BLAST TRENCHES AND ANALYZED BY
SWASTIKA LABORATORIES
LTD. IN KIRKLAND LAKE, ONTARIO BY FIRE ASSAY AND ATOMIC
ABSORPTION
TECHNIQUES. THE SAMPLES ALL RETURNED ANOMALOUS PLATINUM
AND PALLADIUM
VALUES (I.E. GREATER THAN 50 PPB). EIGHTEEN OF THE SAMPLES ARE
CHARACTERIZED BY COMBINED PALLADIUM-PLATINUM VALUES IN
EXCESS OF 1.0 G/T
AND A PALLADIUM TO PLATINUM RATIO OF APPROXIMATELY 2:1.
THEY ALSO CONTAIN
ANOMALOUS SILVER, GOLD, COPPER AND NICKEL. THE BEST SAMPLE
RETURNED 6.6
G/T PALLADIUM, 2.8 G/T PLATINUM, 8.3 G/T SILVER, 0.3 G/T GOLD, 1.79
PERCENT
COPPER AND 0.66 PERCENT NICKEL. THE SHOWING REMAINS OPEN IN
ALL DIRECTIONS
AND GOVERNMENT MAPPING (PECK ET AL, 1995) INDICATES THAT
PROPERTY COVERS A
2 KM SECTION OF THE FAVORABLE INCLUSION-BEARING ZONE.
THIS NEW FIND EMPHASIZES THE PGE-CU-NI POTENTIAL OF THE EAST
BULL LAKE
INTRUSION WHICH HAS BEEN DEMONSTRATED BY BOTH INDUSTRY
AND GOVERNMENT
WORKERS IN THE PAST AND MOST RECENTLY BY MUSTANG GOLD
CORP. (PRESS RELEASE
- JULY 16, 1998). FREEWEST IS EXCITED BY THE DISCOVERY AND WILL
CONTINUE
EXPLORATION SHORTLY WITH LINECUTTING, MAPPING, MAGNETIC
AND INDUCED
POLARIZATION SURVEYS FOLLOWED BY TRENCHING AND DIAMOND
DRILLING. IN
ADDITION, THE COMPANY IS CURRENTLY SEEKING A PARTNER TO
FUND EXPLORATION ON
ITS 100 PERCENT OWNED BULL LAKE PROPERTY WHICH IS LOCATED 5
KM EAST OF THE
FOLSON LAKE PROPERTY. THIS 16 CLAIM (256 HA) BLOCK ALSO
COVERS PART OF THE
SOUTHERN MARGIN OF THE EBLI AND IS UNDERLAIN BY THE
FAVOURABLE BASAL
PORTION OF THE INTRUSION. A GRAB SAMPLE COLLECTED WHEN THE
PROPERTY WAS
BEING STAKED RETURNED 1.7 G/T PALLADIUM, 0.5 G/T PLATINUM, 59.6
G/T SILVER
AND 0.2 G/T GOLD.
THE FOLLOWING REFERENCES WERE USED TO PREPARE THIS PRESS
RELEASE:
PECK, D.C., CHUBB, P.T. AND JAMES, R.S., 1991; O.G.S. MP 157, SECTION
12;
PECK, D.C., JAMES, R.S., CHUBB, P.T. PREVAC, S.A. AND KEAYS, R.R,
1995.;
O.G.S. OFR 5923; BYRON, M. WHITEHEAD, R.E. AND DAVIS, J.F., 1994;
O.G.S.
OFR 5902.; MUSTANG GOLD CORP., 1998; PRESS RELEASE - JULY 16.
TEL: (514) 878-3551 MACKENZIE I. WATSON, PRESIDENT
TOLL FREE: 1-888-878-3551
FAX: (514) 878-4427
E-MAIL: INFO@FREEWEST.COM
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