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Headline: Spider, KWG and Freewest Intersect 30.73% Chrome (Cr2O3) Over 14.4 Metres McFauld's Lake "Ring of Fire" Area, Northern Ontario
TORONTO, ONTARIO--(Marketwire - June 11, 2008) - Spider Resources Inc. (TSX VENTURE:SPQ) \"Spider\" and KWG Resources Inc. (TSX VENTURE:KWG) \"KWG\" and Freewest Resources Canada Inc. (TSX VENTURE:FWR) \"Freewest\" are pleased to announce additional results from the diamond drilling program on their jointly owned Freewest Option property (the \"Property\"), located approximately 15 kilometres southwest of the McFaulds Lake volcanogenic massive sulphide (\"VMS\") occurrences and approximately 3.6 kilometres northeast of Noront Resources Ltd.'s (\"Noront\") Eagle One Magmatic Massive Sulphide (\"MMS\") discovery, in the Ring of Fire area of the James Bay Lowlands region of Northern Ontario. Massive chromitite layers in a peridotite sill were encountered in hole FW-08-07 returning Cr2O3 grades as high as 30.73% over 14.4 metres, other layers within the peridotite sill show enrichment in Platinum and Palladium as high as 2.183 g/t (Pt + Pd + Au) over 9.0 metres as well as enrichment in Nickel up to 0.21% Nickel over 3.6 meters.
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A video interview with Mr. Nemis discussing latest company accomplishments.
