Freeport Confirms Feasibility of Marine Logistics at Hutton
September 07 2012 - 7:47PM
PR Newswire (Canada)
TSX Venture Exchange: FRI Shares Issued:
16,831,232 VANCOUVER, Sept. 10, 2012 /CNW/ - Freeport Resources
Inc. 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. Unique aspects of the program
included specialized advance marine forecasting and detailed site
weather predictions to identify conditions favourable for landing
barges, working ashore and to ensure safety of the vessels.
Work at the site confirmed that only certain wind conditions,
namely easterlies, could affect the proposed operation; this may be
resolvable by use of spud barges. In June, a community meeting was
held in Nain. An environmental assessment was previously
completed. A bird survey subsequently conducted at both
beaches by a team of several environmental scientists and Nain
residents with extensive local knowledge identified twelve avian
species common to the area. Geological sampling was also done
to complement and verify previous data and update tonnage
estimates. Barge and weather delays necessitated an extension of
several days to the August 31 work permit deadline. As it was
not granted, the bulk sample could not be completed as
planned. However, sufficient material is available from
previous work to finish mineral processing studies and pilot plant
design. A temporary facility has already been established and
processing is planned to commence soon. Information from the
2012 work will be used to complete the Feasibility Study. The
Hutton project's NI43-101 Prefeasibility Study and Marketing Survey
was completed in 2004. 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 presentations at
http://www.freeportresources.com/i/pdf/Hutton2011.pdf and
http://www.freeportresources.com/i/pdf/spanishmt2011.pdf for more
information. 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. Freeport Resources Inc.
CONTACT: Freeport Resources Inc.Brenda Clark, MAIBCPresident &
CEO1-888-275-7335 (toll free)(604) 275-7335 (tel.)Email:
info@freeportresources.comWeb: www.freeportresources.com
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