TORONTO, ONTARIO--(Marketwire - July 21, 2008) -

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN SECURITIES LAW, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN.

Spider Resources Inc. (TSX VENTURE:SPQ) "Spider" and KWG Resources Inc. (TSX VENTURE:KWG) "KWG" and Freewest Resources Canada Inc. (TSX VENTURE:FWR) "Freewest" jointly announce that diamond drilling resumed on July 17th on their jointly owned Freewest Option property (the "Property") located in Ontario's James Bay Lowlands. Spider and KWG are funding this project as per a tri-party joint venture agreement with Freewest.

The current drill program is designed to delineate the layered chrome occurrence discovered by Spider and KWG in 2006 in a portion of a mafic / ultramafic intrusive body who's magnetic signature and structure has been designated as the Ring of Fire Intrusive ("RFI") and which hosts the Eagle One and the Eagle Two Nickel Copper PGM occurrences of Noront as well as Noront's newly discovered Blackbird One chrome occurrence announced on May 27, 2008 (drill hole # NOT-08-1G17 includes 49.4 meters averaging 39.1% Cr2O3 (27.4% Cr) including anomalous nickel and palladium).

The focus of the Spider-KWG drill program will be to further evaluate this Cr-PGE-Ni occurrence, exploring it to greater depths and along strike and to continue the testing of several of the other anomalies on the property. The current drilling is approximately 3.5 kilometres northeast of Noront Resources Ltd.'s ("Noront") Eagle One discovery where Noront recently announced (July 4, 2008) an indicated resource of 1.83 million tonnes with an average grade of 1.96% nickel, 1.18% copper, 1.12 g/t Pt, 3.91 g/t Pd, as well as an inferred resource of 1.09 million tonnes with an average grade of 2.39% nickel, 1.27% copper, 1.37 g/t Pt and 4.5 g/t Pd. The drilling is also located approximately 15 kilometres southwest of the McFaulds Lake volcanogenic massive sulphide ("VMS") occurrences where Spider, KWG and UC Resources Ltd. ("UC") announced an indicated resource of 802,000 tonnes with an average grade of 3.75% copper and 1.1% zinc at their jointly owned McFaulds #3 deposit, (see press release dated 15 July 2008).

As announced earlier by Spider KWG and Freewest (June 11, 2008) massive chromitite layers were encountered in hole FW-08-07 (Cr2O3 grades as high as 30.73% over 14.4 metres) in an altered peridotite sill interpreted to be part of the RFI, Other layers located within this Intrusive-complex show enrichment in precious metals as high as 2.183 g/t (Pt + Pd + Au) over 9.0 metres and Nickel up to 0.21% Nickel over 3.6 meters.