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Freeport Outlines Spanish Mountain Gold Developments

Freeport Resources Inc. is pleased to provide an update on developments at its Spanish Mountain claims, which are largely surrounded by a multi-million ounce gold project held by Spanish Mountain Gold Ltd. ("SMGL") (SPA-TSXV, formerly Skygold). SMGL recently closed a $20 million financing, and released a Preliminary Economic Assessment (PEA) in December 2010. Gold mineralization is proven to extend on Freeport's claims, which are on strike and less than half a mile from the proposed open pit. See map at http://www.freeportresources.com/i/maps/SMG-pit.gif. Spanish Mountain is road accessible and close to several operating mines.

http://www.freeportresources.com/i/pdf/news/2011-07-25_NR.pdf

You can view the Next News Releases item: Fri Nov 18, 2011, Freeport Arranges Financing for Spanish Mt. Gold, Hutton & Q Projects

You can view the Previous News Releases item: Wed Oct 20, 2010, Freeport receives Hutton approval; BC Gold-CaF2-MoS2-REE Projects Update

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