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Freeport Resources Ltd.Freeport Resources Ltd.

News Releases

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Fri Nov 14, 2008
Freeport Appoints Fleming to Advisory Board
FREEPORT RESOURCES INC. (TSX-V: FRI) is very pleased to announce appointment of John Fleming, M.Sc., P.Geo. to the Advisory Board. Mr. Fleming's impressive geological career spans both public and private sectors, with 30 years at the Government of Newfoundland & Labrador (NL) prior to establishing a natural resources and environmental management consulting practice in 1996. Fleming has served in many roles, including Director of the NL Geological Survey, Deputy Minister of the Departments of Mines, Environment and Lands, and also Environment and Labour. Fleming is known for a balanced approach to the importance of economic development within a larger framework of sustainability.
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Wed Sep 17, 2008
Freeport Outlines Progress at the Hutton Garnet Beaches
FREEPORT RESOURCES INC. (TSX-V: FRI) is pleased to outline 2008 progress at its Hutton garnet beaches in Labrador, NL. Arrangements have been made for up to a 5000 tonne bulk sample with 2 shallow-draft barges, where one barge would be beached as a portable dock to load the second. Timing is subject to barge availability, weather, and final permitting requirements.
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Thu Jul 24, 2008
Freeport's Red Rose Mine Assessed For Gold-Tungsten
FREEPORT RESOURCES INC. (TSX-V: FRI) is evaluating its past-producing Red Rose tungsten mine for gold: Bonanza grades of 49.0 - 63.8 g/tonne (1.43-1.86 oz/ton) were reported, with samples representing 49 m (160 ft) strike length along Adit No. 1 averaging 19.2 g/tonne over 0.7 m (0.56 oz/ton over 2.1 ft). The Red Rose property consists of 15 crown grants 100% owned by Freeport, accessible by an unimproved road leading to the provincial highway.
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Thu May 8, 2008
Freeport Defines High Molybdenite Zones in Q's Adit 2
FREEPORT RESOURCES INC. announces two molybdenite-enriched zones have been defined in Adit 2 of its Q claims. Previous work focussed on fluorite mineralization, and moly was not pursued to any degree. These newly discovered molybdenite zones are each about 50m (165') long and occur along shear structures, with elevated Mo values from 0.0167% - 0.191% MoS2. Both molybdenite and fluorite correspond to zones of fracturing and schistosity, identified in structural mapping of the adit as well as high resolution air photographs. The north-east, structurally more complex part of the adit is characterized by faults and local scale folding, and is of most interest. Please see map at http://www.freeportresources.com/i/maps/Q-Adit-2-MoS2.gif and visit our new website, now live, at http://www.freeportresources.com.
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Tue Apr 1, 2008
Freeport Announces Gold Results from Spanish Mountain Claims
Freeport Resources (FRI-TSXV) is very pleased to announce gold results from last season's field work at its Spanish Mountain Gold property near Likely, BC. Soil and rock samples collected over a geophysical 'resistivity low' are strongly anomalous in gold, reaching over 400 ppb in soil and up to 0.13 g/t in weathered pyritic argillite and greywacke surface rocks. This indicates an easterly extension of the large mineralized zone defined by Skygold Ventures Ltd. ("Skygold") (SKV-TSXV) and Wildrose Resources Ltd. ("Wildrose") (WRS-TSXV) at their 'Main Zone Argillite', measuring over 1.44 sq.km. (.56 sq.mi.) in size, also coinciding with a resistivity low. The local geophysical signature shows structural continuity across the claim blocks, with no discontinuities or major offsetting features. For map, please see http://www.freeportresources.com/i/maps/resistivity-au_geochem.gif
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Tue Mar 11, 2008
Freeport Announces Fluorite-Moly Study Published
FREEPORT RESOURCES INC. is pleased to announce completion of a detailed mineralogical and petrographic study on its Q claims near Williams Lake. The work was recently published as a BC Geological Survey Fieldwork article, "Eaglet Property Revisited: Fluorite-Molybdenite Porphyry-like Hydrothermal System" available at http://www.em.gov.bc.ca/DL/GSBPubs/GeoFldWk/2007/05-Hora-Eaglet19668.pdf. Written by Z.D. Hora, M.Sc., P.Geo., with Dr. Edvin Pivec of the Czech Republic, the study discusses different types of mineralization at the Q, as well as relationships of individual minerals of economic interest. Although evaluated primarily as a fluorspar deposit by Eaglet Mines Ltd. from 1973-85, molydenite and fluorite are now of interest given recent prices of molybdenum oxide at US$34/lb and fluorspar at US$180--280/tonne.
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