Noront Resources Ltd. V.NOT

RE: Noront Halted- - - Why?

[don118]

This nr will give an idea of what and who is involved here and it appears to be similiar to Windfall the way the fault trends with all of the plays huddled alongside. To me it looks like a mega hit that will in all probability wind up including all of these plays.IMHO anyway. Welcome don118 | Member Preferences | Inbox: 16 | Logout Make StockHouse My Homepage | Help | Quotes Portfolio BullBoards Blogs News Markets Mutual Funds Commodities Products & Services Canadian News US News MediaScan SHfn SH Editorial TSX | TSX Venture NORONT RESOURCES LTD Freewest's McFaulds Property Situated Proximal to Noront's Copper Discovery in the James Bay Lowlands, Ontario 8/31/2007 MONTREAL, QUEBEC, CANADA, Aug 31, 2007 (MARKET WIRE via COMTEX News Network) -- Mackenzie I. Watson, President and CEO of Freewest Resources Canada Inc. (TSX VENTURE: FWR) (the "Company") today reiterates the favourable location of the Company's McFaulds property in relation to the new copper discovery recently announced by Noront Resources Ltd. (TSX VENTURE: NOT) on their Condor/Greenstone option (see Noront News Release dated August 29, 2007). The subject properties are located in the Sachigo greenstone belt in the James Bay Lowlands of northern Ontario. Freewest's McFaulds property consists of 9 mineral claims comprising 22.7 square kilometres and is located approximately 4 kilometres east-northeast of Noront's new copper discovery and 6 kilometres to the west-southwest of the volcanic-hosted massive sulphide discoveries (McFaulds 1, 2 & 3)made by Spider Resources Inc. and KWG Resources Inc in 2003 and 2004. The new mineral discoveries are located along an east-northeast trending magnetic high reflecting the underlying lithologies of the southern limb of the Sachigo greenstone belt. A map showing the location of the McFaulds property in relation to Noront's new copper discovery (Condor/Greenstone option) is part of this news release and is posted on the Company's website at www.freewest.com. Four (4) of the 9 mineral claims (10 square kilometres) comprising the McFauld's property are owned outright by Freewest Resources Canada Inc. The remaining 5 claims comprising 12.7 square kilometres, are currently under option to Spider Resources Inc. and KWG Resources Inc. (Spider-KWG JV). On the latter, the Spider-KWG JV may earn a 50% interest in them by spending C$3,000,000 on exploration over a four-year period. The joint-venture may earn a 60% interest on the claims by delivering a bankable feasibility on any mineralization identified and a cumulative 65% by arranging project financing to put such mineralization into commercial production. Notably, the Spider-KWG JV intersected high-grade chrome and associated nickel-platinum-group-element mineralization while drilling the optioned property in 2006. The drilling yielded up to 23.70% chrome in at least 2 horizons within a peridotite host rock. Donald Hoy, P. Geo. (Ontario), Vice President of Exploration and a Director of Freewest Resources Canada Inc., is responsible for the preparation of this news release. Freewest is a well-financed mineral exploration company exploring for gold, base-metals and uranium in Eastern Canada. Corporate information can be accessed on the Internet at www.freewest.com Freewest's shares are listed on the TSX Venture Exchange under the symbol FWR. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. Contacts: Freewest Resources Canada Inc. Mackenzie I. Watson President and CEO 514-878-3551 or 1-888-878-3551 514-878-4427 (FAX) [e-mail] www.freewest.com SOURCE: Freewest Resources Canada Inc. mailto:[e-mail] https://www.freewest.com Copyright 2007 Market Wire, All rights reserved. © 2007 Stockgroup Media Inc. | Disclaimer NOT Releases SHfn Noront Resources Ltd. Retains AGORACOM to Provide Online IR Marketing and Social Network for Shareholders Freewest's McFaulds Property Situated Proximal to Noront's Copper Discovery in the James Bay Lowlands, Ontario UC Resources Limited and Spider Resources Inc. Update on Diamond Drilling Program at McFaulds VMS project in Northern Ontario KWG Interest Adjoins Noront Discovery Noront Resources Ltd.: Double Eagle Project, James Bay Lowlands Microcap Monday: Gold Bug Bites Gryphon SH @ the Bell: Stocks Sink on Jobs Shocker This Week on StockHouse September 4 to 7 Seaway Valley Bursting with Volume Junior Miner Soars on Visible Gold Quotes Portfolio BullBoards News Markets Mutual Funds Commodities Products & Services The StockHouse Network: Copyright 2007 Stockgroup Media Inc. All Rights Reserved. Disclaimer / Terms of Use - Privacy Policy Tools provided by Stockgroup (OTCBB:SWEB TSX-V:SWB)