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West Kirkland Mining

Publié le 07 avril 2016

Eastfield Resources Corporate Update

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Eastfield Resources Corporate Update

Vancouver, BC, April 7, 2016, Eastfield Resources Ltd. ('Eastfield') (TSX-V: ETF) would like to provide an update on proposed plans for 2016.

Eastfield remains active on a number of fronts and maintains a property portfolio of mineral projects particularly sensitive to copper and gold. These projects include the 100% owned Zymo copper-gold porphyry located near Smithers, BC, the 100% owned Iron Lake copper-gold and PGM property located near 100 Mile House, BC, and the 100% owned Big Valley reconnaissance gold project located near Barkerville, BC. In addition to these projects, the company holds a 40% interest (Prophecy Development Corp. 60%) in the OK copper-molybdenum porphyry project located near Powell River, BC.

In 2015 Eastfield granted Rise Resources Inc. ('Rise') (CSE: RYES) an option on the 91% owned Indata property located northwest of Fort St. James in central British Columbia. The option allows Rise to earn an initial 60% interest by paying $350,000 and completing exploration expenditures of $2,000,000 over a four-year period. Rise may earn a further 15% interest (75% total) by paying an additional $100,000 and completing a feasibility study. Rise recently made the 2016 option payment and is planning a field program this summer budgeted at $200,000.

Eastfield recently received a $125,000 payment from West Kirkland Mining Ltd. (TSX-V: WKM) in partial compensation for the sale of eight of Eastfield's claims adjacent to West Kirkland's Three Hills gold deposit located near Tonopah Nevada. A further $125,000 is due later this year which will complete the sale. Eastfield maintains a 100% interest in the remaining 18 patented claims. In 1997, Eastfield completed drill hole TH-97-16, collared on its Protection claim which returned two separate intercepts of 7.55 g/t gold and 288.0 g/t silver over 3.1 m and 1.89 g/t gold and 102.9 g/t silver over 3.1 m.

Eastfield remains financial strong with current assets, consisting primarily of cash and investments, valued at $1.1 million. Selective fieldwork is planned in 2016 for several of its projects.

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 owns a 100% interest in seven mineral projects in British Columbia and one in the state of 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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West Kirkland Mining

CODE : WKM.V
ISIN : CA9535551092
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West Kirkland Mining est une société d’exploration minière basée au Canada.

West Kirkland Mining est cotée au Canada. Sa capitalisation boursière aujourd'hui est 140,2 millions CA$ (139,0 millions US$, 88,7 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2010 à 1,70 CA$, et son plus bas niveau récent le 14 juin 2019 à 0,03 CA$.

West Kirkland Mining possède 326 089 984 actions en circulation.

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25/04/2013Reports Metallurgical Assays and Exploration Results
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20/08/2012Rathdowney Resources and West Kirkland Mining Investors Foru...
31/07/2012Commences Drilling on Long Canyon Trend
16/07/2012Files TUG Resource Estimate on SEDAR
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01/06/2012Announces Initial Near Surface Gold Resource
23/04/2012Exploration Update and Plans
23/02/2012Expands Nevada Drill Campaign to New Targets in Long Canyon ...
19/01/2012Join West Kirkland Mining at the Vancouver Resource Show, Ja...
03/10/2011Drills 16.15 g/t Gold Over 5.0 Meters in New Discovery at Ki...
08/09/2011Mobilizes Drill to Bullion Mountain Project, Cortez Area, Ne...
16/08/2011Intercepts 7.88 g/t Gold Over 2.41 Meters Within 1.04 g/t Go...
19/07/2011Initial Gold Intercept for West Kirkland in the Long Canyon ...
23/06/2011Drilling Update: Continued Gold Intercepts in Kirkland Lake
24/03/2011Drilling Update
Communiqués de Presse de West Kirkland Mining
12/04/2016West Kirkland Mining Update And Grant Of Incentive Stock Opt...
07/04/2016Eastfield Resources Corporate Update
31/12/2015West Kirkland Announces and Closes a Non Brokered Private Pl...
27/11/2015WEST KIRKLAND OBTAINS FEDERAL PERMIT TO CONSTRUCT AND OPERAT...
27/11/2015IIROC Trading Resumption - WKM, WKM.WT
27/11/2015IIROC Trading Halt - WKM, WKM.WT
09/03/2015West Kirkland’s Project Update Highlights Increased Gold Rec...
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27/01/2015West Kirkland Intercepts 16.8 Meters of 1.24 Grams Per Tonne...
03/12/2014West Kirkland Achieves 81% Gold Recovery On Run-Of-Mine Bulk...
25/11/2014West Kirkland Submits Mine Plan Of Operations For Three Hill...
21/11/2014West Kirkland Cuts 39.6 Meters Of 1.36 Grams Per Tonne Gold ...
17/11/2014West Kirkland Cuts 39.6 Meters of 1.36 Grams Per Tonne Gold ...
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09/09/2014West Kirkland Cuts 50.29 Meters of 0.73 Grams Per Tonne Gold...
25/06/2014West Kirkland Mining Announces Grant of Incentive Stock Opti...
12/06/2014West Kirkland Fast-Tracks Bulk Sample to Confirm Run-of-Mine...
03/06/2014West Kirkland Commences Exploration and Prefeasibility Study...
23/04/2014West Kirkland Completes Acquisition of Hasbrouck and Three H...
17/04/2014IIROC Trading Resumption - WKM
17/04/2014IIROC Trading Halt - WKM
09/04/2014IIROC Trading Resumption - WKM
09/04/2014IIROC Trading Halt - WKM
28/10/2013Extends Agreement with Rubicon Minerals
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22/05/2013(TSX.V:WKM) - Letter from CEO, R. Michael Jones – 2012 Year ...
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07/02/2013Closes Private Placement for Gross Proceeds of $5.6 Million
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14/04/2011Adds to Its Technical Team and Commences Drilling in Nevada
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