FREEPORT RESOURCES INC. : http://www.freeportresources.com/ : QwikReport

News Releases

#April 05, 2018
Freeport Appoints MacKinnon Director; In Memoriam: Clark & Manalo

 Vancouver, British Columbia -- (April 5, 2018) -- Freeport Resources Inc. (TSX-V: FRI) ("Freeport") is pleased to announce appointment of Martin MacKinnon MBA as Director. Appointed CFO in 2012, MacKinnon has over 30 years experience in developing new strategic corporate directions. With a broad background in financing, Martin is also a well-known lecturer in finance, residing in Halifax, NS. He specializes in new ventures (business start-ups, funding, performance improvements) and high growth business. He replaces outgoing Director,Tracy Clark LL.B., who stepped down after a 20 year tenure. Freeport thanks Tracy for her long-term efforts and wishes her success in all her future endeavours.

In Memorium

We are deeply saddened to report the passing of matriarch, Edith I.V. Clark, who met William George Clark, Freeport founder, at the Giant Gold Mine in Yellowknife, NWT, in the 1950's. Originally from Vienna, Austria, Edith was an adventurer, a published author, actress, talented artist, musician, teacher, and most of all, a dedicated mother. 'Mutti' was a free spirit who lived life creatively, with an unextinguishable joie de vivre even in times of great hardship. A Celebration of Life will be held on her birthday, April 8. Friends wishing to attend may contact us for details.

Freeport also acknowledges the recent sudden passing of Zenaida Manalo, friend and past CFO. Zeny's sunny, frank disposition was a cornerstone in our daily operations. She is missed.

About Freeport

Freeport is a Canadian junior exploration company with a diverse portfolio of properties -- the Red Rose Mine (a past producer of tungsten-gold-copper), Spanish Mountain Gold (adjacent to a proposed open-pit gold mine), and the Q (a large, well-known fluorspar deposit), all located in British Columbia. The Hutton Garnet Beaches in Labrador, eastern Canada, has a positive NI43-101 Prefeasibility (2004), and a 5000 tonne bulk sample released from environmental assessment. Please visit www.freeportresources.com or contact us for more information.

Freeport Resources Inc.
Brenda Clark Architect AIBC, President & CEO
1-888-275-7335 (toll free)
(604) 275-7335 (tel.)
info@freeportresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek Safe Harbour.
File: http://www.freeportresources.com/i/pdf/news/2018-04-05-Appointment-FINAL.pdf
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#July 20, 2017
Freeport Appoints Shervin Teymouri as Director and COO

 Vancouver, British Columbia - (July 20, 2017) - Freeport Resources Inc. (TSX-V: FRI) ("Freeport") is pleased to announce appointment of Shervin Teymouri, M.Eng., P.Eng., as Director and Chief Operating Officer. Founding Director, Michael Lee Roberts, P.E., stepping down to join the Advisory Board after 36 years, is deeply thanked for his efforts.

Teymouri is a geological and mining engineer with broad experience in all aspects of underground and open pit mines, from due diligence, detailed engineering, project execution to reclamation. His expertise as an operations specialist for base, precious metals and industrial mineral projects, including several tungsten and polymetallic mines in the Yukon, will greatly assist advancement of Freeport's projects. Planned work includes:
  1. Hutton Garnet Beaches: Evaluate operational methods, materials handling, capital and operating costs for our high grade, heavy mineral sands deposit on tidewater.
  2. Red Rose Mine: Economic analysis of potential rehabilitation of our past tungsten-copper-gold producer near Smithers.
  3. Q Fluorspar: Assess open pit versus stope and pillar proposed in Prefeasibility (Kilborn 1984).
With a master's in mining engineering and economics, Shervin was previously a senior mining engineer with Roscoe Postle Associates. He is a mining entrepreneur with a greenfields industrial mineral operation in production within a year, and founder of Mineit Consulting Inc. Shervin is an Adjunct Professor and lecturer at the Norman B. Keevil Institute of Mining Engineering at UBC.

About Freeport

Freeport is a Canadian junior exploration company with a diverse portfolio of properties - the Red Rose Mine (a past producer of tungsten-gold-copper), Spanish Mountain Gold (adjacent to a proposed open-pit gold mine), and the Q (a large, well-known fluorspar deposit), all located in British Columbia. The Hutton Garnet Beaches in NL is our most advanced project, with a positive NI43-101 Prefeasibility (2004), and a 5000 tonne bulk sample released from environmental assessment. Please visit www.freeportresources.com or contact us for more information.

Freeport Resources Inc.
Brenda Clark AIBC Architect, President & CEO
1-888-275-7335 (toll free)
(604) 275-7335 (tel.)
info@freeportresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The company seeks Safe Harbour.
File: http://www.freeportresources.com/i/pdf/news/2017-07-20_NR.pdf
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#August 08, 2016
Freeport Resources Inc. Announces Non-Brokered Private Placement

 Vancouver, British Columbia - (August 8, 2016) - Freeport Resources Inc. (TSX-VENTURE: FRI) ("Freeport") announces a non-brokered private placement financing of up to $150,000 through issuance of up to 3,000,000 units of the Company (the "Units") at a price of $0.05 per Unit. Each Unit will consist of one common share and one non-transferable share purchase warrant (a "Warrant"). Each warrant shall be exercisable to acquire one additional common share for a period of five years at an exercise price of 10 cents ($0.10). As part of this non-brokered financing, the warrants are subject to an acceleration clause. This clause states that if after the warrants are issued, the closing price of the common shares of the company on the principal market on which such shares trade is equal to, or exceeds, 15 cents for 10 consecutive days, the warrant expiry date shall accelerate to a date 10 calendar days after the issuance of a press release by the company announcing that reduced warrant term. All units acquired pursuant to the private placement, and shares which may be acquired upon the exercise of the warrants, are subject to a four (4) month hold period in accordance with applicable securities legislation.
File: http://www.freeportresources.com/i/pdf/news/2016-08-08_NR.pdf
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#October 24, 2012
Freeport Presents Q Project at International Fluorspar Conference

 Freeport Resources Inc. (FRI: TSX-V) is pleased to announce the Q fluorspar project was presented by invitation at the international fluorspar conference this week in Vancouver. This event, hosted by Industrial Minerals Events of the UK, brings together key participants with serious fluorspar (CaF2) interests from all over the world. Freeport's 100%-owned Q is the most significant fluorspar deposit known in western Canada. Extensive exploration in the 1980's by Eaglet Mines defined several large mineralized zones, with non 43-101 compliant estimates of 24 million tonnes of 11.5% CaF2. New analytical results released by Freeport this past May are very encouraging, as long intercepts suggest the possibility of bulk open pit mining as well as higher grades near the end of the Adit 2 (see news release dated May 1, 2012).

The site was previously abandoned when fluorspar prices dropped below US $100/tonne. The price of fluorspar at present is significantly higher -- recently up to $550-600/tonne due to reduced exports from China. Fluorspar is a mineral considered "critical" by the European Union, used to make hydrofluorocarbons (HFCs) used in coolants, and fluoropolymers. It is instrumental in energy reduction in metal smelting and similar processes (i.e. cement, glass), as fluorspar lowers melting temperature of numerous compounds. It is also instrumental in aluminum production. Please visit http://www.freeportresources.com/i/pdf/corporatepresentation.pdf to view the Q presentation.

Zdenek Hora, M.Sc., P.Geo., is the qualified person who has reviewed this release.

Freeport Resources, founded in 1981, is a mineral exploration company with a portfolio of promising, diversified properties in Canada, from precious and base metals to industrial minerals. Please visit our website at www.freeportresources.com, email info@freeportresources.com, or view our other presentations at http://www.freeportresources.com/i/pdf/Hutton2011.pdf and http://www.freeportresources.com/i/pdf/spanishmt2011.pdf for more information.

Freeport Resources Inc.
Brenda Clark, MAIBC
President & CEO
1-888-275-7335 (toll free)
(604) 275-7335 (tel.)


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
File: http://www.freeportresources.com/i/pdf/news/2012-10-24-QFINAL.pdf
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#September 10, 2012
Freeport Confirms Feasibility of Marine Logistics at Hutton

 Freeport Resources Inc. (FRI.V) is pleased to announce the bulk-loading strategy required for commercial-scale production at its Hutton Garnet Beaches project has proven feasible. Recent field work has shown site access by large commercial vessels is possible and the site is very suitable for landing. A tug and two barges were brought to South Beach to test the marine operational plan for exploiting the garnet sands. A detailed route to shore was established and recorded by a registered Marine Surveyor. Enough marine data was collected to establish the practicality of full-scale production -- a landmark development for the Hutton project. Freeport greatly appreciates support by the Government of Newfoundland and Labrador's Junior Exploration Assistance program, an incentive program encouraging mineral exploration. Please see photos of the marine access study at Point-Vim-NT1032, Sappatak-NT1032-Ryans-Bay and South-Beach. Additional photos will be made available soon at the Hutton photo gallery on Freeport's website.
File: http://www.freeportresources.com/i/pdf/news/2012-09-10_NR-final.pdf
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