Sharpe, Freewest drill at Bend

Two holes drilled at the Bend massive sulphide deposit in Taylor County, Wisc., have yielded encouraging copper and gold values for partners Sharpe Energy & Resources (VSE) and Freewest Resources (TSE).

The two vertical holes, spaced 400 ft. apart, were drilled to test for supergene copper-gold enrichment over the thickest portion of the zone and to determine if the zone actually subcrops.

Hole B95-20 intersected 2.5% copper and 0.114 oz. gold per ton from a vertical depth of 155-202 ft. A second hole, B95-21, cut 2.27% copper and 0.044 oz. gold from a vertical depth of 112.2-195 ft. This latter section contained 2.71% copper and 0.063 oz. gold.

Minor supergene enrichment (chalcocite and bornite replacing primary sulphides) was noted in both holes.

These results, coupled with those from three other shallow holes previously drilled by the partners, indicate there is continuity of grade in the upper portion of the copper zone.

Electromagnetic (EM) surveys on the northeastern side of the complex have located what appears to be the continuation of the Bend ore horizon. To date, this conductive zone has been delineated over a strike length of at least 2,500 ft. Further EM surveys are being carried out in order to assign priorities to drill targets.

Bend is part of the Wisconsin Massive Sulphide Program, in which Sharpe and Freewest are earning a 60% interest from Cyprus Amax Minerals (NYSE).

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