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Eastfield Intercepts 8.20 g/t Gold Over 0.3 m, 209.0 g/t Silver Over 0.5 m at Indata
(via Thenewswire.ca)
About this update from Eastfield Resources Ltd.
[{"type":"text","content":"Eastfield Intercepts 8.20 g/t Gold Over 0.3 m, 209.0 g/t Silver Over 0.5 m at Indata\n\n(via Thenewswire.ca)\nVancouver, BC, January 7, 2009 - Eastfield Resources Ltd. \"Eastfield\" (TSX-V: ETF) and MAX Resource Corp. \"MAX\" (TSX-V: MXR) have received the assays from five diamond drill holes (1,035 metres) completed in October on the Indata property in northern B.C., located 120 km north of Fort St. James.\n\nThere are two exploration targets on the Indata property, a porphyry copper target and a structurally controlled precious metal vein target. The 2008 exploration program consisted of one drill hole (08-I-01) in the porphyry copper target and four holes (08-1-02 to 08-I-05) in the precious metal vein target.\n\nThe precious metal target was tested over a distance of 1,500 metres following the upslope trend of an arsenic soil geochemical anomaly believed to define a structural feature which has previously returned a number of gold-silver intercepts, including a 4.0 metre intercept grading 46.20 g/t gold from a 1988 drill program by Eastfield. A number of core samples from the recent drilling returned a number of narrow gold and/or silver intercepts with associated arsenic and bismuth values. Significant results are summarized as follows:\n\nHole From(m) To(m) Sample Length (m) Copper% Goldg/t Silverg/t \n08-I-01 18.3 181.7 163.4 0.14 - - \nincluding 123.0 150.0 27.0 0.27 - - \n08-I-02 76.5 76.8 0.3 0.18 8.20 4.4 \n08-I-03 36.7 38.3 1.6 0.14 0.42 79.9 \nincluding 37.2 37.7 0.5 0.13 0.40 209.0 \n\nMineralization being targeted at Indata is modeled after the prolific Motherlode deposits in California, where cumulative production has exceeded in excess of 100 million ounces of gold. A key assumption to the model is the occurrence of gold-silver mineralization along the Pinchi Fault trend in the Indata region of central BC being analogous to the Melones Fault in the Motherlode region of California. New exposures of precious metal mineralization which are located 800 to 2,000 metres further to the north were made in 2007 when excavator trenches exposed narrow veins which returned samples including 17.16 g/t gold and 9.84 g/t gold respectively. The 2007 vein material was again found to be highly anomalous in arsenic, bismuth, antimony, mercury, selenium and tellurium providing a signature for gold mineralization of this type. This ...