Freewest Resources Canada Inc., Spider Resources Inc. and KWG Resources Inc. provided an exploration update on the Big Daddy Chromite property. Eight drill holes, 2,073 meters, have been completed, and have tested the Big Daddy Chromite prospect (a magmatic chromium deposit type) along its geophysically inferred strike length to Line 20 East, and to a vertical depth of approximately 180 meters. The total amount of drilling in this campaign is estimated to be 11,000 meters in 28 drill holes. The drill program is deigned to test the entire geophysically inferred strike length on the property to a depth of +/-250 meters. Drilling has progressed significantly since the last report of October 1, 2009, where holes FW-09-24 and 25 were reported on section 1400 meters east. Drill spacing for this first pass of drilling was established at 200 meters, testing the entire geophysically inferred strike length to section 2000 meters east. Drilling has successfully encountered chromite mineralization in each section. Since the start of the project in 2006 chromite mineralization has been established from Line 900 meters East to and including Line 2000 meters East, for a strike length of 1100 meters thus far. Additional drilling is underway to the Northeast in an area where the geophysical expression of the chromite mineralization appears to be disrupted by faulting. Hole FW-09-26 entered a fault zone in pyroxenite between 9 and 45 meters depth and then continued in an altered pyroxenite to the end of the hole at 207 meters. No significant chromite mineralization was encountered. Hole FW-09-27 was designed to step back and undercut Hole FW-09-26. This hole encountered massive chromite between 173.3 and 186.8 meters (13.5 meters massive chromite), followed by a second zone of massive chromite mineralization between 208 and 247 meters (39 meters of massive chromite). Hole FW-09-28 was designed as a 200 meter northeasterly step out from holes FW-09-26 and 27. The hole encountered massive chromite between 39 and 60.5 meters (21.5 meters massive chromite). Hole FW-09-29 was designed to undercut Hole FW-09-28. Chromite mineralization was encountered between 117.4 and 136 meters (18.6 meters of massive chromite), followed by another zone of massive chromite with narrow beds of semi-massive chromite that was encountered between 234.8 and 244.3 meters (massive chromite over 9.5 meters), followed by a very thick bed of massive chromite between 248.6 and 323.5 meters (74.9 meters of massive chromite). Hole FW-09-30 was designed to test a 200 meter northeasterly step out from Holes FW-09-28 and 29. At the bedrock-overburden interface of 23.7 meters, the hole immediately entered massive chromite and stayed in this until 33.8 meters (10.1 meters of massive chromite subcropping). Hole FW-09-31 was designed to be a 200 meter step out from Holes FW-09-28 and 29 and to undercut Hole FW-09-30. Between 235.9 and 264.5 meters, massive chromite was encountered (28.6 meters of massive chromite).

Freewest Resources Canada Inc., Spider Resources Inc., and KWG Resources Inc. announced the start-up of an 11,000 metre drill program on the Big Daddy Chromite property, which comprises of four 16 unit claims, one 12 unit claim plus two additional one unit claims (1,248 hectare property), pursuant to the first year commitment on an Amended Option Agreement with Freewest dated September 10, 2009. As stated on September 14, 2009, KWG and Spider have committed to undertake an exploration program on the Big Daddy Chromite Property under which an aggregate of at least $5 million must be spent by March 31, 2010, in order for Spider and KWG to earn an additional 1.5% each (3.0% in aggregate), bringing each Optionees respective interest level to 26.5%. The field aspect of this program has commenced, with crews arriving on September 20, 2009. Field operations are currently based out of the Billiken Management Services Ltd.'s Base camp, located at McFaulds Lake. Cabo Drilling (Ontario) Corp. was recently awarded the diamond drilling contract portion of the program. It is anticipated that approximately 11,000 metres of diamond drilling will be completed during the current phase of exploration, the results of which will be incorporated into an initial resource estimate for Big Daddy. In addition, Aecom Canada has recently been awarded the contract for Base Line Environmental work and Traditional Knowledge studies both of which will involve the project's First Nation neighbors, and will be undertaken to provide the necessary information for future development plans.

Spider Resources Inc. announced that it has amended and restated the December 2005 Option Agreement with respect to Freewest Resources Canada Inc.'s McFauld's property located in Ontario. Each of Spider and KWG Resources Inc. has to date earned a 25% interest in the Big Daddy Chrome property, which is comprised of four 16 unit claims, one twelve unit claim and two additional one unit claims (1,248 hectare property), pursuant to an Option Agreement first entered into with Freewest in December 2005. The Amended Option Agreement further provides that Spider and KWG will alternate as operator of the McFauld's joint venture project for one-year terms, until March 31, 2012, with Spider acting as initial operator until March 31, 2010. KWG and Spider have committed to undertake an exploration program on the Big Daddy Chrome Property under which an aggregate of at least $5 million will be spent by March 31, 2010. The field aspect of this program will commence immediately. It is anticipated that approximately 11,000 metres of diamond drilling will be completed during the next phase of exploration, which will form the basis for an initial resource estimate for Big Daddy. The metallurgical work that is currently underway will be reviewed, additional test-work is being planned to better understand the metallurgical characteristics and variability of this chrome deposit. In addition, base line environmental work and traditional knowledge studies; both of which will involve the project's First Nation neighbours will be undertaken to provide the necessary information for future development plans.