<< TSX Venture Exchange: FRI Shares Issued: 12,756,232 Fully Diluted: 15,597,732 >> VANCOUVER, June 26 /CNW/ - FREEPORT RESOURCES INC. is pleased to announce that it has issued a Request for Proposals (RFP) for its Hutton Project in northern Labrador. Freeport welcomes submissions from interested parties, with a written Expression of Interest requested by July 31, 2006 to facilitate property visits and shipment of bulk sample material stockpiled in eastern Canada. The RFP outlining the Hutton development opportunity will be available for viewing at sedar.com as a public company document of Freeport Resources. ZD Hora, PGeo, is the Qualified Person who has reviewed this news release. The Hutton garnet beaches are located on tidewater on Canada's east coast en route to major industrial markets. They are red in colour due to remarkably high grades of alluvial garnet and clearly visible on satellite images. Importantly, the garnet is geologically 'young', freed from the rock during the last ice age, with a sub-angular shape naturally suited to waterjet cutting. Hutton garnet is well-sorted and of proven high quality with few inclusions and fractures, comparing well with high-end commercial products. Accordingly, the Hutton project has received significant international attention. Waterjet testing of several Hutton concentrates produced with distinct processing methods has verified they meet or exceed the performance of commercially available products. The most recent waterjet tests of Hutton product in Canada & Europe were very successful, with requests for additional material for larger-scale tests. Recent work at the Minerals Engineering Centre at Dalhousie University, Halifax, confirms that waterjet-quality product can be made with limited processing consisting of high-grade spiral separation, induced roll magnetic separation and sieving. Founding Director, Michael Roberts, PE (Purdue), states, "Freeport celebrates its 25th anniversary in 2006, and I believe it will be a landmark year in many ways. We are all very pleased with the Hutton garnet testing, and especially appreciate Government's support in the form of an Export Market Development Grant from the Atlantic Canada Opportunities Agency (ACOA). New developments at Notakwanon at the heart of Inco's Garland Lake block in Labrador, at Juan A - adjacent to Skygold-Wildrose's Spanish Mountain property in BC's historic Cariboo gold district, and notable molybdenum results from our Q claims near the Gibraltar mine, are all very exciting." A detailed review of Freeport's landholdings is included in Management Discussion and Analysis for the quarter ended April 30, 2006, filed June 23, 2006 at sedar.com. Respectfully submitted, "Brenda Clark" Brenda Clark, MAIBC President THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.