Eastfield Resources Announces Results from Indata Gold-Copper Property, BC - WTOC-TV: Savannah, Beaufort, SC, News, Weather & Sports

Eastfield Resources Announces Results from Indata Gold-Copper Property, BC

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Vancouver, BC / ACCESSWIRE / April 16, 2014 / Eastfield Resources Ltd. (“Eastfield”)
(TSX-V: ETF) would like to announce that in September and October of 2013, exploration continued at the Indata property. Indata, encompassing 3,169 hectares, is located approximately 130 kilometres northwest of Fort St. James in central British Columbia. The property is road accessible and fully permitted. It is owned 91.1% by Eastfield Resources Ltd. and 8.9% by Imperial Metals Corporation (TSX: III).

Over the last three years programs conducted by Eastfield have included geochemical and geophysical surveying (21 line kilometres), rock sampling and 3.2 kilometres of road construction and have resulted in the definition of a number of anomalies, both geochemical and geophysical, for copper and gold. A porphyry copper target has been developed measuring 6,000 metres along strike with apparent widths of 500 to 1,000 metres paralleling a volcanic intrusive contact. It is defined by a chargeable induced polarization response and by very high soil copper values where values exceeding 500 ppm copper are common reaching a maximum of 7,771 ppm. In 2012 mineralized rubble was identified in this target several kilometers further south than previously known with additional samples found in 2013. Samples of this material have returned assays up to 0.78% copper and 0.21 g/t gold

The Indata claims are situated in a geologically active setting adjacent to the Pinchi Fault, a major structure separating the Cache Creek Terrane to the west from the Quesnel Terrane to the east. Two types of mineralization have historically been explored for on the property; Motherlode style gold-silver veins and porphyry style copper mineralization. Drill intercepts have included gold intercepts to 47.26 g/t gold over 4.0 metres and porphyry copper intercepts to 0.20% copper over 145.4 metres (included with many lesser intercepts). Indata is located 20 kilometres to the Southwest of the Kwanika Copper-Gold deposit belonging to Serengeti Resources Inc. (TSX-V: SIR).

Eastfield is well funded and currently is planning exploration programs for the 2014 exploration season which will be announced when plan are complete.


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; it currently has several 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.

 

SOURCE: Eastfield Resources Ltd.  

ReleaseID: 414476

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