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Eastfield Resources Ltd

Publié le 11 avril 2008

Project Update and Plans for 2008

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Friday, April 11, 2008
Eastfield Resources Project Update and Plans for 2008

Eastfield Resources Ltd. (TSX-V: ETF) ("Eastfield") would like to update shareholders about its plans for 2008. Following the completion of the spin-off of the Lorraine-Jajay-Tam-Misty property to Lorraine Copper Corp. (TSX-V: LLC), Eastfield will continue with six projects in British Columbia and one in the state of Nevada and with approximately $400,000 in working capital. Eastfield expects a busy exploration season in 2008 on its Okeover (Ok) project and other projects.

Eastfield will continue to follow its low risk/high leverage business model that is based on funding exploration by optioning its properties to other companies. This business model has been followed successfully since 1987. Wildrose Resources (TSX-V: WRS), Cariboo Rose Resources (TSX-V: CRB) and Lorraine Copper all have their origins in Eastfield, demonstrating the success of this business model.

A summary of the company's continuing projects, on which Eastfield and its partners to date have completed more than five million dollars in exploration, is as follows:

Okeover: A copper-molybdenum project over 5,233 hectares in size and located on the coast near Powell River, BC. In 2006, Dr. Nick Carter authored a NI 43-101 compliant resource estimate for the North Lake Zone totalling 86.8 million tonnes grading 0.31% copper and 0.014% MoS2 (one of several zones of mineralization). In 2007, Prophecy Resource Corp. (TSX-V: PCY), who can earn up to a 60% interest in the Okeover project, completed ten additional diamond drill holes. Significant new mineralization was found to the east and at depth in the North Lake Zone area and a significant new area of mineralization (39.7 metres grading 0.045% MoS2 and 0.27% Cu) was discovered two kilometres further to the south. Prophecy Resource Corp. has recently announced that drilling will resume by mid May.

Zymo: A 10,250 hectare property with a copper-gold porphyry system that has additional potential for high sulphidation gold-silver-zinc mineralization. Zymo is a relatively recent discovery on which a small drill program was completed by Freeport McMoran (NYSE: FCX) in 1999. Eastfield acquired Zymo, located approximately 45 kilometres west Smithers, BC in 2007 by way of an option agreement (option to earn 100%) from a consortium of private individuals. A surface program completed by Eastfield late in the season discovered a new area of porphyry style mineralization approximately 4.5 km west of the main showing. Grab samples from this area returned copper values to 0.33% and gold values to 1.13 g/t indicating a significant copper-gold system associated with a magnetic high that measures 1.0 km in length. A new showing was also discovered in the main showing area that returned 0.92% copper, 0.26 g/t gold and 14.5 g/t silver. Several potential partners have expressed interest in the Zymo project and the company anticipates a significant field program in 2008.

Iron Lake: Active in 2007, this 7,116 hectare copper-gold-platinum group metal project is located approximately 50 kilometres northeast 100 Mile House, BC. The best drill intercept was 1.23 g/t gold over 57.9 metres.

Indata: Active in 2007, this 3,060 hectare porphyry copper and lode gold project is located 150 kilometres north of Fort St. James and 10 kilometres south of Serengeti Resource's (TSX-V: SIR) Kwanika project.

Howell: Active in 2006, this 4,374 hectare carbonate hosted disseminated gold project is located in southeastern BC approximately 50 kilometres south of Fernie, BC.

Crowsnest: Active in 2006, this 2,282 hectare lode gold project is located in southeastern BC approximately 10 kilometres southeast of the Howell Project. A trench sample taken in 2000 returned 10.6 g/t gold across 16.0 metres.

Tonopah: A lode gold-silver project consisting of 25 patented claims located near Tonopah Nevada. Total area 350 acres, active in 1997.


J.W.Morton
J.W. Morton, President
Eastfield Resources Ltd.

FOR FURTHER INFORMATION REGARDING EASTFIELD PLEASE CONTACT:
Paul Way
(604) 681-7913 or
Toll Free: (888) 656-6611



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.

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Eastfield Resources Ltd

EXPLORATEUR
CODE : ETF.V
ISIN : CA27724D1096
CUSIP : 27724D109
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Eastfield est une société d’exploration minière basée au Canada.

Eastfield détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont CROWSNEST, HOWELL, ZYMO, KILOMETRE 26, INDATA, TONOPAH (THREE HILLS), IRON LAKE - EASTFIELD / LYSANDER et OKEOVER (EASTFIELD) au Canada.

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Présentations des Compagnies de Eastfield Resources Ltd
26/09/2007CEO Presentation
Rapports annuels de Eastfield Resources Ltd
Annual report 2007
Projets de Eastfield Resources Ltd
28/08/2013Commences Exploration at Iron Lake, BC
14/08/2012Acquires Two New Copper-Gold Projects
26/07/2012(Zymo)Announces Drilling Program Start-up on Zymo Copper-Gold Proj...
03/04/2012(Kilometre 26)Announces Distribution of Shares of Fort St. James Nickel Co...
21/02/2012(Indata)Announces New Gold and Nickel Targets at Indata
08/12/2011(Zymo)Reports Zymo Drill Results
30/11/2011(Kilometre 26)Provides Update on Drilling and Sale of Kilometre 26
12/09/2011(Kilometre 26)Announces 100% Sale of Kilometre 26 Project
25/08/2011(Zymo)Announces Commencement of Drilling at the Zymo copper-gold p...
04/08/2011(Zymo)Announces Commencement of $2 Million Exploration Program at ...
20/06/2011(Zymo)Announces Option Granted on the Zymo copper-gold project, BC...
19/05/2010(Indata)Signs Agreement to Option Out Indata Gold-Copper Project, BC
03/05/2010(Zymo)The Return of the Zymo Copper-Gold Project
14/09/2009(Zymo)Drilling at Zymo Copper-Gold Project Significantly Expands M...
27/07/2009(Howell)Drill Program Planned at Eastfield's Crowsnest and Howell Go...
15/07/2009(Zymo)Crew Mobilized to Zymo Gold Copper Project, BC
24/02/2009(Kilometre 26)Acquires Gold Property in British Columbia
07/01/2009(Indata)Intercepts 8.20 g/t Gold Over 0.3 m, 209.0 g/t Silver Over 0...
21/11/2008(Howell)Intersects 22 metres of 0.78 g/t Gold at Howell, BC
13/11/2008(Zymo)Drilling Intersects 72 Metres of 0.72% Copper and 0.54 g/t G...
09/09/2008(Zymo)Drilling Underway At The Zymo Copper-Gold Project
22/07/2008(Howell)Drilling Begins at Howell Gold Project in British Columbia
02/07/2008(Zymo)Crew Mobilized to Zymo Copper-Gold Property, BC
28/05/2008(Ok Property)Drilling Targeted at Expanding Copper-Molybdenum Resource Re...
07/04/2008(Ok Property)New Copper/ Molybdenum/ Rhenium Mineralization Intersected a...
17/01/2008(Zymo)New Copper-Gold Discovery On Zymo Property
07/01/2008(Ok Property (powell River))Announces Completion of Drilling at the Okeover Copper/Molyb...
17/09/2007(Lorraine - Jajay)Drilling Underway at Jajay-Lorraine Project
22/08/2007(Indata)Discovers New Gold Mineralization at Indata
Communiqués de Presse de Eastfield Resources Ltd
14/07/2016Eastfield Resources to Commence Field Work
29/04/2016Lorraine Copper Acquires Copper Project in BC
07/04/2016Eastfield Resources Corporate Update
16/01/2014Cambridge and Roundup invitation
17/10/2013on Recent Activities, BC
03/05/2013Outlines New Copper-Molybdenum Anomaly at Okeover
17/01/2013Cambridge and Roundup invitation
22/10/2012(Zymo)Announces Drilling on the Zymo Copper-Gold Project, BC Hole...
16/05/2012Provides Corporate Update
25/08/2011(Kilometre 26)Provides Update on Kilometre 26 Program, BC
27/05/2011(Kilometre 26)Announces Commencement of Kilometre 26 Program, BC
11/02/2010Responds to the BC Government - No Mining in the Flathead Va...
19/02/2009Shareholder Update
28/07/2008Drilling Expands the North Lake Copper-Molybdenum Zone at Ok...
13/06/2008Options Iron Lake Project
11/04/2008 Project Update and Plans for 2008
09/04/2008Eastfield/Lysander Plans Of Arrangement -- Spin-Off Of Lorra...
08/01/2008 Shareholders Approve Spin Off Plan
10/09/2007Okeover Drilling Plans
30/07/2007Releases Drill Results from Okeover Property
16/07/2007Jajay-Lorraine Project Underway
08/06/2006New property added to the Jajay-Lorraine project-2006 progra...
03/05/2006Indata project optioned to Redzone Resources Ltd.
05/04/2006(Okeover (eastfield))OK Copper-Molybdenum project agreement renegotiated
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