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|Wed Oct 20, 2010
Freeport receives Hutton approval; BC Gold-CaF2-MoS2-REE Projects Update
Freeport Resources Inc. is pleased to announce approval of its Hutton work plan, with updates for 3 BC projects prospective for gold, tungsten, fluorspar, moly & rare earth elements (REE).
Hutton Garnet Beaches: The bulk sample program to collect 5000 tonnes was recently released from environmental assessment with final approvals now received for work next season. Processing of about 100 tonnes will commence shortly. A major update to the Business Plan is nearing completion based on study of economic factors, especially transportation to high volume markets in NE North America. Garnet is used for waterjet cutting, blasting & filtration. Findings to date appear favourable and options for advancing the project are being developed.
|Thu Jul 22, 2010
Freeport's Hutton Garnet Beaches Released from Environmental Assessment
Freeport Resources Inc. is very pleased to announce its Hutton bulk sampling has been released from environmental assessment - a significant project milestone. Approximately 2000 cubic metres of garnet-rich sand will be collected to fine-tune mineral processing, finalize plant design, and make garnet products for larger scale market testing. This work will ultimately confirm logistics for commercial production. The Hutton is the first advanced stage project in Labrador Inuit Lands to undergo formal Environmental Assessment. Freeport would like to thank all concerned for their efforts especially as this is a new, previously untried process.
|Tue Feb 16, 2010
Freeport Updates Q Fluorspar Moly Project (Eaglet)
Freeport Resources Inc. is pleased to announce new developments at its Q project, where historical reserve estimates of 24 million tonnes of ore averaging 11.5% fluorite with silver, molybdenum and lead by-products were published by Eaglet Mines in 1984 (non NI43-101 compliant). The Q is interesting today as a potentially large source of fluorspar defined by extensive underground workings and drilling. Freeport has identified important molybdenite mineralization with rhenium values in Adit 2, as well as anomalous MoS2 in 6 of 14 nearby drill holes, which could favourably improve project economics; over 15% of the 3m long rib samples (total 562 samples) range between 0.0167% to 0.191% MoS2 (100 to 1143 ppm Mo, see map at http://www.freeportresources.com/i/maps/2010-02-15_NRM.jpg). Given the scope of the Q deposit, Freeport seeks an industry partner with suitable expertise and development capabilities to advance the project.