Spider Resources

Black Thor's 43-101 is attached below. I have questions about it to help us understand Big Daddy's when it gets released.

What does "Black Thor contains an Inferred Mineral Resource of 69,554,960 tonnes at a grade of 31.9% Cr2O3 utilizing a cut-off grade of 25% Cr2O3" mean exactly? Does it mean that they do not count tonnage below a 25% grade?

I know it's a crystal ball, but if Big Daddy contains 100,000,000 tonnes at a grade of 38% Cr2O3, is this enough for Cliff's to think that a starter pit should be at Big Daddy?

Also, below, taken from the MAR 5th 2010, press release, do you think the surrounding chromite will not be included in the inital 43-101?

As has been encountered in most holes drilled to date on the Big Daddy, the chromite zone surrounding the reported massive chromite mineralization is typically of varying tenor, and consists of heavily disseminated, intercalated thin (centimeter scale) to thick (meter scale) beds of massive chromite mineralization. The amount of this mineralization that eventually may be included in the reserves will not be determined until a feasibility study is undertaken.

Any help would be appreciated. I think the retail investor needs to understand how to evaluate the upcoming Big Daddy initial resource estimate in advance.

HIGHLIGHTS:

- Black Thor contains an Inferred Mineral Resource of 69,554,960 tonnes at a grade of 31.9% Cr2O3 utilizing a cut-off grade of 25% Cr2O3

- Black Thor is open-ended along strike and at depth, auguring well for further expanding this current mineral resource base

MONTREAL, QUEBEC - Jan. 14, 2010) - Freewest Resources Canada Inc. (TSX VENTURE:FWR) is pleased to announce the initial National Instrument 43-101 compliant mineral resource estimate for the Black Thor chromite deposit on its 100%-owned McFaulds property. The 100%-owned McFaulds property, consisting of 1,036 hectares, comprises one of three properties in the "Ring of Fire" metals district in northern Ontario that Freewest is exploring on its own or under joint-venture agreements.

MINERAL RESOURCES:

The Black Thor chromite deposit contains an Inferred Mineral Resource of 69,554,960 tonnes grading 31.9% Cr2O3. This Inferred Mineral Resource is based on a 25% cut-off grade for chromite; utilizing different cut-off grades for chromite yields a range of tonnes and grades for the Black Thor chromite deposit as set out in the table below. This initial mineral resource estimate is compliant with National Instrument 43-101. The details of the mineral resource estimate are as follows:

Freewest contracted Mr. Alan J. Aubut, M. Sc., P. Geo. (Ontario) of Sibley Basin Group Geological Services to calculate the National Instrument 43-101 compliant mineral resource estimate for Black Thor and to write an accompanying technical report. He is currently a member in good standing in the Association of Professional Geoscientists of Ontario (Practicing Member 1750). Mr. Aubut has more than ten years of practical experience in mineral resource estimation, particularly with orthomagmatic nickel-copper-platinum group element deposits (Thompson nickel belt, Manitoba) as well as orthomagmatic chromium-platinum group element deposits.

Mr. Aubut estimated the mineral resource from a block model that was controlled by constructing a wire frame from the interpretation of geological cross-sections. The resulting mineral envelope for Black Thor extends from surface to a vertical depth of about 400 metres below surface. Block model grades were then calculated geostatistically using ordinary kriging.

Due to the shortage of time and incomplete data, it was not possible to include platinum, palladium or the chrome-to-iron ratios (Cr:Fe) in this initial mineral resource estimate. These parameters will be included in a technical report that is required to be filed on SEDAR within 45 days of this news release. Systematic calculation of Cr:Fe ratios for the 54 drill holes utilized in this mineral resource calculation indicate Cr:Fe ratios of 1.80 for chromite grades of 30% and greater and Cr:Fe ratios of 2.08 for chromite grades of 40% and greater. In Freewest's view, based on published ratios for known producing chromite deposits globally, such ratios are indicative of very good ore quality.

To view the image associated with this release, please visit the following link:

ABOUT BLACK THOR:

The Black Thor chromite deposit has been traced on the McFaulds property over a 2.9 kilometre strike-length, remaining open-ended along strike and to depth. It is the most extensive chromite-bearing body on the McFaulds property and, to date, within the entire Ring of Fire metals district. It strikes southwest to northeast and has an over-turned sub-vertical dip towards the northwest ranging between 70 degrees and 85 degrees. The zone typically contains two chromite layers known as the Lower and Upper zones that range in thickness from tens of metres to more than 100 metres in thickness. The zones are separated by a horizon of disseminated chromite hosted within peridotite and dunite.

The goal of an up-coming third phase of diamond drilling at Black Thor is to upgrade the Inferred Mineral Resource to the Indicated Mineral Resource category. In this regard, a planned 10,000-metre diamond drilling program is slated to commence late January, 2010.

Donald Hoy, P. Geo. (Ontario), Vice-President, Exploration and a Director of Freewest Resources Canada Inc., is the Qualified Person (under National Instrument 43-101) on the McFaulds property and is responsible for the preparation and verification of data contained in this news release.