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To: russwinter who wrote (3199)4/22/2002 12:04:36 PM
From: loantech  Read Replies (1) | Respond to of 39344
 
Russ and Claude,
Why can't we have our cake and eat it too. Doesn't Cumberland, Hope bay and Northgate, WTC all have proven resources but also the ability to expand those resources substanially?
Cumberland has a very large drilling campaign going on, Hope Bay has their large property, and Northgate has north kemess, Wtc a big drilling program. So can't this type of stock count as a resource and exploration stock both?
So we could own the best of both world's without doing the drill hole risk play.



To: russwinter who wrote (3199)4/22/2002 12:45:23 PM
From: TheBusDriver  Respond to of 39344
 
If somebody is looking to get in why not WTC.T. <eom>



To: russwinter who wrote (3199)4/24/2002 1:56:25 PM
From: russet  Respond to of 39344
 
FWR.v,...gold district expands in New Brunswick Canada,...market cap around CDN$25million FD

Freewest enthusiastic over further Murphy results

Freewest Resources Canada Inc FWR
Shares issued 57,604,189 Apr 23 close $0.29
Wed 24 Apr 2002 News Release
Mr. Mackenzie Watson reports
FREEWEST DRILLING EXTENDS MURPHY ZONE AND INTERSECTS NEW ZONE ...
Mackenzie I. Watson, president and chief executive officer of Freewest
Resources Canada Inc., has released the results of the remaining 23 drill
holes obtained from the third phase of drilling, recently completed on the
Clarence Stream gold project. The wholly owned property consists of 24,160
acres and is located approximately 70 kilometres south-southwest of
Fredericton.
Of the 23 drilled holes reported in this release, 16 were completed at the
Murphy zone in an effort to extend the mineralized structure along strike
and at depth. The Murphy zone comprises one of several new gold showings
occurring within the confines of anomaly A, which is a strong persistent
gold-in-soil anomaly, 2.3 kilometres long and up to 500 metres wide.
Previously completed diamond drilling at the Murphy zone had intermittently
traced it over a strike length of 250 metres and featured a drill intercept
of 7.33 grams per tonne (g/t) Au over 94 metres (0.214 ounce per ton Au
over 29.5 feet), as reported in Stockwatch on March 12, 2002.
The additional 16 drill holes completed on the Murphy zone have now
delineated the gold-bearing structure over a 600-metre strike length and to
a vertical depth of 60 metres. Highlighting these drill hole results are
intersections including 8.99 g/t Au over three metres (0.262 ounce per ton
Au over 9.8 feet) in hole CS02-77, 3.54 g/t Au over 5.5 metres (0.103 ounce
per ton Au over 18 feet) in hole CS02-79 and 4.42 g/t Au over 3.2 metres
(0.129 ounce per ton Au over 10.5 feet) in hole CS02-87.
Mineralization at the Murphy zone occurs in at least two distinct quartz
vein sets. The first set comprises extensional quartz veins in stockwork
array, while the second cross-cutting set consists of brecciated,
cataclastic veins containing remobilized sulphides as fine- to
medium-grained aggregates in breccia filling. Sulphides in both vein sets
include pyrite, arsenopyrite, stibnite, pyrrhotite with lesser sphalerite,
chalcopyrite and locally visible gold. The veins and stockwork occur in
shallow, north-dipping panels, ranging in thickness from three to 10 metres
that commonly occur in axial planar shear zones within folded sericitized,
quartz arenite and mudstone. Notably, the Murphy zone remains completely
open along strike and at depth.
Among the remaining seven drill holes completed in the program, five holes
tested a second surface gold occurrence within anomaly A known as the AD
zone, and the remaining two holes tested a strong IP anomaly. The AD zone
comprises numerous showings of high-grade float (assays up to 72.4 g/t Au)
occurring in a northwesterly trend over a distance of about one kilometre.
Highly encouraging results of 5.85 g/t Au across five metres (0.171 ounce
per ton Au over 16.4 feet) and 3.72 g/t Au over two metres (0.108 ounce per
ton Au over 6.6 feet) were obtained in this initial drill test of the AD
zone in drill holes CS02-92 and CS02-97, respectively.
Exploration over the last few years has demonstrated that gold
mineralization at Clarence Stream is dominantly sediment hosted, likely
intrusion related and characterized by an Au-As-Sb-Zn-Bi association. The
Clarence Stream district displays striking regional and deposit-scale
similarities with Paleozoic gold deposits of the Tien Shan gold province in
east-central Asia, including the Muruntau deposit (70 million ounces Au)
and the Kumtor deposit (20 million ounces Au). Both of these deposits are
hosted in Paleozoic fold and thrust belts in turbidite sequences and are
closely related to tungsten-bearing granitic intrusions.
Management is extremely encouraged by the extent of gold mineralization
encountered to date at both of the Murphy and AD zones. Mr. Watson
commented: "When we combine the drilling results from the Murphy and AD
zones with those of the Central, East, N, Cox and West zones, clearly, a
widespread district-scale gold mineralizing system exists at Clarence
Stream. We look forward to continued success and are optimistic that
additional drilling will define significant gold deposits on the Clarence
Stream property."
An additional 2,000-metre drilling program is slated for early May to
further test the numerous gold occurrences within anomaly A.

DIAMOND DRILL ASSAYS, CLARENCE STREAM --
NEW BRUNSWICK

Hole No. Co-ordinates From To
&amp; inclination (m) (m)

CS02-75 Drill grid 23.75 31.00
L550W, 170N inc. 30.00 30.50
-90 degrees
----------------------------------------
CS02-76 Drill grid 17.38 19.98
L500W, 179N inc. 17.38 17.98
-90 degrees
----------------------------------------
CS02-77 Main grid 50.25 53.25
L300E, 3000N
-90 degrees
----------------------------------------
CS02-78 Drill grid 8.45 11.45
L550W, 140N inc. 10.45 10.95
-90 degrees 15.20 17.80
inc. 16.45 16.95
----------------------------------------
CS02-79 Main grid 26.38 31.88
L350E, 2925N inc. 26.38 26.88
-90 degrees
----------------------------------------
CS02-80 Drill grid 3.80 5.30
L550W, 100N
-90 degrees
----------------------------------------
CS02-81 Main grid 25.80 27.80
L400E, 3000N inc. 27.30 27.80
-90 degrees 51.72 53.62
----------------------------------------
CS02-82 Main grid 19.30 23.30
L200E, 2900N inc. 22.30 22.80
-90 degrees 25.10 26.10
----------------------------------------
CS02-83 Drill grid No significant
L300E, 100N values
-90 degrees
----------------------------------------
CS02-84 Drill grid 37.65 38.65
L350W, 100N
-90 degrees
----------------------------------------
CS02-85 Main grid 11.00 14.00
L800E, 3050N inc. 13.50 14.00
-90 degrees
----------------------------------------
CS02-86 Drill grid 149.7 150.20
L350W, 125S
-45 degrees
----------------------------------------
CS02-87 Drill grid 55.80 59.00
L550W, 275N inc. 57.00 57.50
-90 degrees
----------------------------------------
CS02-88 Drill grid 52.00 52.40
L600W, 225N
-90 degrees
----------------------------------------
CS02-89 Drill grid 44.50 48.00
L500W, 225N
-90 degrees
----------------------------------------
CS02-90 Drill grid 53.95 58.95
L501W, 273N
-90 degrees
----------------------------------------
CS02-91 Main grid No significant
L101W, 2897N values
-45 degrees
----------------------------------------
CS02-92 Main grid 31.58 36.58
L100W, 3100N inc. 32.58 33.08
-45 degrees inc. 34.58 35.08
----------------------------------------
CS02-93 Main grid 8.90 9.60
L101W, 3048N
-90 degrees
----------------------------------------
CS02-94 Main grid No significant
L200W, 3125N values
-45 degrees
----------------------------------------
CS02-95 Main grid 6.80 7.00
L200W, 3676N 67.50 69.50
-45 degrees
----------------------------------------
CS02-96 Main grid No significant
L200W, 3600N values
-45 degrees
----------------------------------------
CS02-97 Main grid 83.55 85.55
L200W, 3376N
-45 degrees
----------------------------------------

DIAMOND DRILL ASSAYS, CLARENCE STREAM --
NEW BRUNSWICK

Hole No. Width Au Remarks
(m) (g/t)

CS02-75 7.25 0.83 Murphy zone
0.50 4.01
---------------------------------------
CS02-76 2.60 1.69 Murphy zone,
0.60 5.66 visible gold
at 17.58 m
---------------------------------------
CS02-77 3.00 8.99 Murphy zone,
visible gold
from 50.35 m
to 50.40 m
---------------------------------------
CS02-78 3.00 1.30 Murphy zone
0.50 3.17
2.60 1.85
0.50 5.32
----------------------------------------
CS02-79 5.50 3.54 Murphy zone,
0.50 11.34 visible gold
at 30.20 m
---------------------------------------
CS02-80 1.50 1.13 Murphy zone
---------------------------------------
CS02-81 2.00 5.13 Murphy zone
0.50 12.79
1.90 0.77
---------------------------------------
CS02-82 4.00 1.14 Murphy zone
0.50 3.84
1.00 1.04
---------------------------------------
CS02-83 No significant Murphy zone
values
---------------------------------------
CS02-84 1.00 9.45 Murphy zone
---------------------------------------
CS02-85 3.00 2.30 Murphy zone
0.50 7.71
---------------------------------------
CS02-86 0.50 1.01 Murphy zone
---------------------------------------
CS02-87 3.20 4.42 Murphy zone
0.50 11.27
---------------------------------------
CS02-88 0.40 2.07 Murphy zone
---------------------------------------
CS02-89 3.50 2.56 Murphy zone
---------------------------------------
CS02-90 5.00 0.84 Murphy zone
---------------------------------------
CS02-91 No significant AD zone
values
---------------------------------------
CS02-92 5.00 5.85 AD zone
0.50 11.27
0.50 10.82
---------------------------------------
CS02-93 0.70 7.20 AD zone
---------------------------------------
CS02-94 No significant AD zone
values
---------------------------------------
CS02-95 0.20 3.48 IP zone
2.00 1.02
---------------------------------------
CS02-96 No significant IP zone
values
---------------------------------------
CS02-97 2.00 3.72 AD zone
---------------------------------------
Assays performed by ALS Chemcx of Val d'Or, Que., using the fire assay
method on 30 grams of prepared sample.



To: russwinter who wrote (3199)4/24/2002 1:57:25 PM
From: russet  Read Replies (1) | Respond to of 39344
 
DNT.v,...rising with volume,

CRU.t,..insiders bought warrants, producer with high grade gold prospect, geothermal energy in B.C.,...and potash in Thailand buts who know, it may grow (gggggggggg)

Crew's Vestrum and Qvist purchase warrants

Crew Development Corp CRU
Shares issued 128,506,194 Apr 22 close $0.40
Tue 23 Apr 2002
Mr. Jan Vestrum reports
CREW DEVELOPMENT CORP.: WARRANTS AQCUIRED BY DIRECTORS
Jan Vestrum, president and chief executive officer of Crew Development, and
Hans Christian Qvist, chairman of the company, have purchased warrants that
entitle them to purchase common shares of Crew.
Mr. Vestrum has purchased two million warrants for 7.34 cents each, which
expire on May 1, 2003, and are exercisable for 42 cents per share.
Mr. Qvist has purchased 1.75 million warrants for 7.34 cents each, which
expire on May 1, 2003, and are exercisable for 42 cents per share.