Eastfield Resources Ltd

Published : July 28th, 2008

Drilling Expands the North Lake Copper-Molybdenum Zone at Okeover, BC

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Keywords :   Copper | Gold | Iron | Molybdenum | Water |

Monday, July 28, 2008
Drilling Expands the North Lake Copper-Molybdenum Zone at Okeover, BC

Vancouver, BC, July 28, 2008 - Eastfield Resources Ltd. ("Eastfield") (TSX-V: ETF) is pleased to announce that Prophecy Resource Corp ("Prophecy") (TSX-V: PCY) has now received the final results of a drill program recently completed at the Okeover project located near the city of Powell River in south-western coastal British Columbia. In late 2006, N.C. Carter, PhD, P.Eng. completed a technical report on the Okeover Property pursuant to National Instrument 43-101 that estimated an inferred mineral resource of 86.8 million tonnes grading 0.31% copper and 0.014% MoS2 at a 0.20% copper cut-off grade. Prophecy plans to commission Dr. Carter to evaluate a revised North Lake resource later in the year.

The most significant result of the current program was hole OK-08-03, which intersected 45.5 metres grading 0.33% copper and 0.003% molybdenum including 12 metres grading 0.41% copper and 0.001% molybdenum. This hole was drilled 90 metres to the south of the nearest hole in the North Lake resource area and indicates a potential for further southerly extension for the mineralized zone. The North Lake Zone is one of eight known areas of significant copper-molybdenum mineralization on the Okeover project which is located a short distance from a deep water Pacific Ocean port.

A summary of significant drill results for the May-June 2008 programs are as follows:

Hole

Intercept (m)

From
(m)

To (m)

Cu
%

Mo
%

OK-08-01
Including

57.0
42.0

113.0
122.0

170.0
164.0

0.30
0.33

0.003
0.003

OK-08-02
And

26.3
16.5

72.5
107.3

98.8
123.8

0.26
0.33

0.002
0.003

OK-08-03
Including
Including

198.5
45.5
12.0

39.5
39.5
73.0

238.0
85.0
85.0

0.16
0.33
0.41

0.001
0.003
0.001

OK-08-04

2.2

98.2

98.0

0.21

0.004

OK-08-05

46.4

2.1

48.5

0.10

0.001



Hole OK-08-06, drilled three kilometres further to the south returned only anomalous values with individual three metres sample intervals returning values up to 0.28% Cu and 0.029% Mo.

Prophecy is earning a 60% interest in the OK property from Eastfield by incurring $1,000,000 of mineral exploration expenditures on the property and making cash and/or share payments totaling $110,000. Prophecy has satisfied its work obligations to earn its 60% interest.

J.W. (Bill) Morton P.Geo is the qualified person pursuant to National Instrument 43-101 guidelines who takes responsibility for this news release.

- more -

Bill Morton

J.W. (Bill) Morton, P. Geo
President and CEO
Eastfield Resources Ltd.

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

About Eastfield Resources:

Since its inception in 1987, Eastfield has utilized a successful business strategy that involves securing third party exploration financing on its projects. Currently optioned projects include Zymo, optioned to Canadian Gold Hunter (TSX: CGH); Okeover, optioned to Prophecy Resource Corp. (TSX-V: PCY); Indata and Howell, optioned to MAX Resource Corp. (TSX.V: MXR); and Iron Lake, optioned to Cobre Exploration Corp. (TSX-V: CXV-H). Lorraine Copper (TSX-V: LLC) and Cariboo Rose Resources (TSX-V: CRB) have their origins in Eastfield, demonstrating the success of the business model.


The TSX - Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

You can also view this News Release on our website at:
http://www.eastfieldresources.com/s/NewsReleases.asp?ReportID=313258

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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