Freewest grabs bonanza-grade at Clarence Stream

Grab sampling by Freewest Resources (FWR-V) has returned some bonanza grade gold values from a newly defined gold-in-soil anomaly on the Clarence Stream property situated in southwestern New Brunswick.

A total of 27 grab over a 1.8-km distance samples returned an average of 22.6 grams gold per tonne with values ranging from 0.05 to 418.35 grams gold.

The samples comprise angular, frost-heaved sub-crop consisting of quartz veins and stockwork as well as sericitized metasediments bearing appreciable to heavily disseminated pyrite, stibnite, arsenopyrite and locally, visible gold.

Ground geophysical surveying is underway, as is soil sampling at anomaly B. Freewest plans to trench anomalies A and B, separated by 2 km, ahead of an anticipated drill program in early 2002.

The property host the East, Central, N, Cox and West zones, and the newly discovered anomalies A and B. Mineralization occurs in proximal and distal settings with respect to the St. George Batholith as well as the Sorel Ridge and Pleasant Ridge granites.

Previous drilling on the Central zone cut 27.5 metres grading 3.5 grams gold per tonne, including 14.5 metres of 5.3 grams, at 30 metres of depth in hole 37. Hole 39 undercut hole 37 and hit 21 metres averaging 15.06 grams gold at a vertical depth of about 60 metres below surface. The intercept included higher-grade sections of 18.67 grams over 1 metre, 25.95 grams over 5 metres, and 41.18 grams over 3.5 metres.

The Clarence Stream property lies 70 km southwest of Fredericton, the provincial capital, in an area of New Brunswick best known for tungsten and tin mineralization. The past-producing Mount Pleasant tungsten-molybdenum mine is just 8 km to the east.

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