Eastfield Resources Ltd

Published : January 07th, 2008

Announces Completion of Drilling at the Okeover Copper/Molybdenum Property in B.

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Monday, January 07, 2008
Eastfield Resources Announces Completion of Drilling at the Okeover Copper/Molybdenum Property in B.C.

Eastfield Resources Ltd. (TSX-V: ETF) and option partner Prophecy Resource Corp. (TSX-V: PCY) are pleased to announce the December 15th completion of the 2007 exploration season at the Okeover copper/molybdenum project. The year's final drill program, which started in late October, was designed to test the South Breccia Zone located 3,500 metres south of the North Lake Zone, where an inferred resource of 86.8 million tonnes grading 0.31% copper and 0.0014% MoS2 has already been identified (National Instrument 43-101 report prepared on the Okeover Property by N.C. Carter, PhD, P.Eng, in October, 2006). Three holes totalling approximately 790 metres (2600 feet) were completed during this program.

At the South Breccia Zone, well altered and locally highly mineralized exposures of hydrothermal breccia and silicified quartz diorite have been identified but, until now, have had very little exploration. Both the first and second holes completed during the program returned large footages with visible chalcopyrite and molybdenite mineralization, however no conclusions can be drawn as to the nature or extent of such mineralization prior to the receipt of assays, which should be available in late January.

Several sites have been prepared in the North Lake Zone, where the company plans to resume drilling in the spring. Drilling completed at North Lake in early 2007 intersected extensive intervals of mineralization well beyond the limits of the prior resource calculation, at depth and on the east side of the North Lake Zone (where hole OK-07-02 ended with a 23 metre intercept grading 0.24% copper and 0.031% MoS2) and on the western boundary (where hole OK-07-04 ended with a 76 metre intercept grading 0.34% copper and 0.027% MoS2). Holes OK-07-01 to OK-07-04 confirmed that mineralization in the North Lake Zone has not been constrained by depth and remains open on the eastern and western edges, offering substantial opportunities for expansion of the resource. In addition, molybdenum grades appear to be increasing to the east.

J.W. (Bill) Morton, P.Geo., a director of the Company and qualified person within the context of National Instrument 43-101, has read and takes responsibility for this news release. A Technical Report on the Okeover property, prepared in accordance with NI 43-101 and dated October 5 2006, is available on SEDAR and at www.eastfieldresources.com.

Bill Morton
J.W. (Bill) Morton, P.Geo
President


Contact:
Paul Way, Business Development Manager
(604) 681-7913 or Toll Free: 888-656-6611

About the Okeover Property:

The Okeover property is located twenty-five kilometres north of the City of Powell River, British Columbia and several kilometres east of Okeover Inlet, extending southerly from tidewater on Theodosia Inlet. The property consists of fourteen claims covering 5,233 hectares of land. Access is by way of 30 kilometres of highway and secondary logging roads from Powell River. Okeover is currently under option to Prophecy Resource Corporation who can earn a 60% interest in the project by completing $1,000,000 in exploration before March 8, 2010. Work funded by Prophecy in 2006 outlined a new copper-molybdenum soil anomaly over a substantial area approximately 1.5 kilometres to the northwest of the North Lake Zone.

About Eastfield Resources:

Since its inception in 1987, Eastfield Resources has utilized a successful business strategy that involves securing third party exploration financing on the majority of its projects. At present, Eastfield has seven projects located in British Columbia and one in Nevada. Currently optioned projects include Okeover, optioned by Prophecy Resource Corp. (TSX-V: PCY); Iron Lake, optioned by Avion Resources Corp. (TSX-V: AVR); and Lorraine-Jajay, optioned by Teck-Cominco Limited (TSX: TCK.B) and soon to be spun-off as Lorraine Copper Corp. (TSX-V: LCC) (Pending regulatory approval).


The TSX - Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX - Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.

Eastfield Resources Ltd

EXPLORATION STAGE
CODE : ETF.V
ISIN : CA27724D1096
CUSIP : 27724D109
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Eastfield is a exploration company based in Canada.

Eastfield holds various exploration projects in Canada.

Its main exploration properties are CROWSNEST, HOWELL, ZYMO, KILOMETRE 26, INDATA, TONOPAH (THREE HILLS), IRON LAKE - EASTFIELD / LYSANDER and OKEOVER (EASTFIELD) in Canada.

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