Eastfield Resources Ltd

Published : July 14th, 2016

Eastfield Resources to Commence Field Work

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Keywords :   Antimony | Copper | Georgia | Gold | Iron | Lead | Palladium | Platinum | Zinc |

Eastfield Resources to Commence Field Work

Vancouver, BC, July 14 2016, Eastfield Resources Ltd. ('Eastfield') (TSX-V: ETF) announces it continues to advance its portfolio of projects which include five projects in BC and one in the state of Nevada. Work programs are soon to start on the Iron Lake and Indata projects while Eastfield would also like to give an update on the Zymo project.

The Iron Lake project encompassing 9,389 ha, located 40 km northeast of the community of 100 Mile House, has historically been explored for its copper-gold-platinum-palladium mineralization hosted in ultramafic rocks. Both disseminated and massive sulfide modes of mineralization have been discovered. In early 2016 Iron Lake was expanded to include recently staked claims located on its southern boundary. These claims are predominantly underlain by monzonite intrusive and intermediate composition Jurassic age volcanic rocks. Anomalous gold and arsenic values on the new claims are widespread with geochemical soil values reaching 12.0 g/t gold and select rock grab samples reaching 74.9 g/t gold (with many lower values). A geochemical soil and rock sampling program is planned.

The Indata project located 200 km northwest of the City of Prince George, BC encompasses 3,169 ha and has historically been explored for its endowment of gold and copper hosted in altered volcanic and granodiorite intrusive rocks. Structurally hosted gold intercepts include values to 47.3 g/t gold while porphyry copper values include intercepts to 0.20% copper over 145 m (with many lower values). Indata is subject to an option agreement with Rise Resources Inc. ('Rise') whereby Rise may earn a 51% interest by completing $2,000,000 in exploration and making payments of $350,000 by April 3, 2019. Rise may increase this to 75% by completing a feasibility study and making a further $100,000 option payment. A 2016 program budgeted at $200,000, predominantly comprising soil and geophysical surveys on the relatively unexplored southern regions of the claim group, is scheduled to commence in late August.

Although Eastfield does not currently have plans to initiate an exploration program on its 100% owned Zymo property, it continues to seek prospective option partners. The Zymo project, located 45 km west of Smithers, BC and encompassing 12,113 ha, hosts an 8.0 km long copper-gold porphyry system with at least four 1.0 km diameter mineralized centres outlined by soil geochemistry and drilling. Notable drill holes include hole ZY-08-09 with 253 m grading 0.32% copper and 0.23 g/t gold including 72 m grading 0.72% copper and 0.55 g/t gold. Mineralization occurs in Jurassic rocks and unknown age intrusions with peripheral structurally controlled high sulfidation base/precious metal mineralization. Recently four previously collected grab samples of this high sulfidation mineralization were analyzed. Gold values in these samples reach 10.8 g/t, lead values reach >10%, zinc values reach 15.3%, tellurium reaches 27.8 ppm and antimony (virtually absent in the porphyry system) reaches 0.38%.

Eastfield will give updates closer to the commencement of these programs.

Bill Morton, P.Geo., who is a qualified person within the context of National Instrument 43-101, has read and takes responsibility for this news release.

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

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

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

About Eastfield Resources:

Eastfield Resources is a well-funded Canadian mineral exploration company focused on the discovery of large gold and copper deposits with several highly prospective projects in British Columbia and in Nevada. Eastfield trades on the TSX Venture exchange under the symbol 'ETF'. For more information, please visit the company's website at www.eastfieldresources.com.

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Data and Statistics for these countries : Georgia | All
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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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Corporate Presentations of Eastfield Resources Ltd
9/26/2007CEO Presentation
Annual reports of Eastfield Resources Ltd
Annual report 2007
Project news of Eastfield Resources Ltd
8/28/2013Commences Exploration at Iron Lake, BC
8/14/2012Acquires Two New Copper-Gold Projects
7/26/2012(Zymo)Announces Drilling Program Start-up on Zymo Copper-Gold Proj...
4/3/2012(Kilometre 26)Announces Distribution of Shares of Fort St. James Nickel Co...
2/21/2012(Indata)Announces New Gold and Nickel Targets at Indata
12/8/2011(Zymo)Reports Zymo Drill Results
11/30/2011(Kilometre 26)Provides Update on Drilling and Sale of Kilometre 26
9/12/2011(Kilometre 26)Announces 100% Sale of Kilometre 26 Project
8/25/2011(Zymo)Announces Commencement of Drilling at the Zymo copper-gold p...
8/4/2011(Zymo)Announces Commencement of $2 Million Exploration Program at ...
6/20/2011(Zymo)Announces Option Granted on the Zymo copper-gold project, BC...
5/19/2010(Indata)Signs Agreement to Option Out Indata Gold-Copper Project, BC
5/3/2010(Zymo)The Return of the Zymo Copper-Gold Project
9/14/2009(Zymo)Drilling at Zymo Copper-Gold Project Significantly Expands M...
7/27/2009(Howell)Drill Program Planned at Eastfield's Crowsnest and Howell Go...
7/15/2009(Zymo)Crew Mobilized to Zymo Gold Copper Project, BC
2/24/2009(Kilometre 26)Acquires Gold Property in British Columbia
1/7/2009(Indata)Intercepts 8.20 g/t Gold Over 0.3 m, 209.0 g/t Silver Over 0...
11/21/2008(Howell)Intersects 22 metres of 0.78 g/t Gold at Howell, BC
11/13/2008(Zymo)Drilling Intersects 72 Metres of 0.72% Copper and 0.54 g/t G...
9/9/2008(Zymo)Drilling Underway At The Zymo Copper-Gold Project
7/22/2008(Howell)Drilling Begins at Howell Gold Project in British Columbia
7/2/2008(Zymo)Crew Mobilized to Zymo Copper-Gold Property, BC
5/28/2008(Ok Property)Drilling Targeted at Expanding Copper-Molybdenum Resource Re...
4/7/2008(Ok Property)New Copper/ Molybdenum/ Rhenium Mineralization Intersected a...
1/17/2008(Zymo)New Copper-Gold Discovery On Zymo Property
1/7/2008(Ok Property (powell River))Announces Completion of Drilling at the Okeover Copper/Molyb...
9/17/2007(Lorraine - Jajay)Drilling Underway at Jajay-Lorraine Project
8/22/2007(Indata)Discovers New Gold Mineralization at Indata
Corporate news of Eastfield Resources Ltd
7/14/2016Eastfield Resources to Commence Field Work
4/29/2016Lorraine Copper Acquires Copper Project in BC
4/7/2016Eastfield Resources Corporate Update
1/16/2014Cambridge and Roundup invitation
10/17/2013on Recent Activities, BC
5/3/2013Outlines New Copper-Molybdenum Anomaly at Okeover
1/17/2013Cambridge and Roundup invitation
10/22/2012(Zymo)Announces Drilling on the Zymo Copper-Gold Project, BC Hole...
5/16/2012Provides Corporate Update
8/25/2011(Kilometre 26)Provides Update on Kilometre 26 Program, BC
5/27/2011(Kilometre 26)Announces Commencement of Kilometre 26 Program, BC
2/11/2010Responds to the BC Government - No Mining in the Flathead Va...
2/19/2009Shareholder Update
7/28/2008Drilling Expands the North Lake Copper-Molybdenum Zone at Ok...
6/13/2008Options Iron Lake Project
4/11/2008 Project Update and Plans for 2008
4/9/2008Eastfield/Lysander Plans Of Arrangement -- Spin-Off Of Lorra...
1/8/2008 Shareholders Approve Spin Off Plan
9/10/2007Okeover Drilling Plans
7/30/2007Releases Drill Results from Okeover Property
7/16/2007Jajay-Lorraine Project Underway
6/8/2006New property added to the Jajay-Lorraine project-2006 progra...
5/3/2006Indata project optioned to Redzone Resources Ltd.
4/5/2006(Okeover (eastfield))OK Copper-Molybdenum project agreement renegotiated
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