TSX Venture Exchange: FRI
Shares Issued: 13,486,232
VANCOUVER, Sept. 17 /CNW/ - FREEPORT RE
SOURCES INC. (TSX-V: FRI) is
pleased to outline 2008 progress at its Hutton garnet beaches in Labrador, NL.
Arrangements have been made for up to a 5000 tonne bulk sample with 2
shallow-draft barges, where one barge would be beached as a portable dock to
load the second. Timing is subject to barge availability, weather, and final
A landmark development for the project is completion of comprehensive
offshore bathymetric maps in mid-July 2008. These maps were based on data
collected in a collaborative effort with the Canadian Hydrographic Service.
Until this was work was completed, large-scale commercial vessels could not
access the site as waters in the area were uncharted.
Due to lack of publicly available, accurate onshore maps, Freeport also
commissioned a second legal survey to map the shoreline and the beaches. The
survey was coordinated with an archeological study - finally completed and
accepted by government this week. The study confirms no known sites will be
impacted by work at the beaches. All onshore and offshore survey data is being
compiled with high-resolution satellite imagery for long-term beach
Commercial scale garnet separation of previously collected bulk sample
material is ongoing at several existing industrial minerals plants in eastern
Canada. Further beneficiation work is underway to fine-tune the products. An
extensive review of over 8 potential pilot plant locations is nearing
New waterjet tests at an industry-wide study in the UK recently met with
very positive response, with the Hutton concentrate considered comparable to
other high quality commercial products. This is the third industry-wide test
we have participated in since 2005. Freeport is confident in the quality of
the Hutton garnet due to consistently favourable responses from users.
Zdenek Hora, P.Geo., is the Qualified Person who has reviewed this
release. For further information, please contact us or visit our website at
www.freeportresources.com. Freeport Resources, founded in 1981, is a junior
mineral exploration company listed on the TSX Venture Exchange. Freeport has
landholdings in Labrador and B.C., with a special focus on industrial
minerals, precious and base metals, and gemstones.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF
THIS NEWS RELEASE.
For further information:
For further information: Freeport Resources Inc.: Brenda Clark, MAIBC,
President & CEO, 1-888-275-7335 Toll free, (604) 275-7335 Tel,