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Eastfield Resources Announces a High Grade Gold Sample from Crowsnest Property, B.C.
Eastfield Resources Announces a High Grade Gold Sample from Crowsnest Property, B.C.
About this update from Eastfield Resources Ltd.
[{"type":"text","content":"\nEastfield Resources Announces a High Grade Gold Sample from Crowsnest Property, B.C.\n\n\n Aug. 10, 2009 (TheNewswire.ca) -- August 10 2009, Vancouver, BC - Eastfield Resources Ltd. (TSX-V: ETF)(\"Eastfield\") and option partner MAX Resource Corp. (OTCBB:MXROF) (TSXV:MXR) (TSX.V: MXR)(\"MAX\") have received assays from a sample taken during a due diligence site visit at the Crowsnest property conducted in June 2009. MAX's VP Exploration, Clancy Wendt, noted visible gold mineralization near an area referred to as the \"discovery trench\". Results have now been received for a sample of this mineralization, which occurs in a silicified, quartz veined and pyritic mineralized section of a monzonite intrusive. The sample exceeded the upper detection limit of the laboratory for gold (greater than 100,000 ppb - 100 grams per ton) and is being re-assayed by Acme Analytical Labs Ltd. using a different technique to determine its full gold content.Also of significance in the recent sample result is the high content of tellurium (105.4 ppm). Several previous operators at Crowsnest, including Placer Dome Inc., have suggested a number of comparables exist between the Crowsnest Project and the Cripple Creek deposit located in Colorado. These comparables include the tectonic setting, alkalic intrusive association and occurrence of tellurium. Cripple Creek, in production since 1890, has produced in excess of 23.3 million ounces of gold (to 2005) and continues to be mined by Anglo Ashanti Gold Mining.The exploration permit has now been issued for the proposed September 2009 reverse circulation drill program at Crowsnest, which will continue to explore the discovery trench area with close spaced drill holes to find the extent of the high grade mineralization and define the direction and extent of the mineralized structure. The discovery trench area was discovered in 1996 and trenched in 1999, resulting in a trench intercept of 8.57 g/t gold over 16.5 metres.The Crowsnest gold project consists of 15 claims totaling 3,142 hectares located in Southeast B.C., an hour and a half by gravel road south of Sparwood. Crowsnest is one of two gold exploration properties in B.C. optioned to MAX from Eastfield, as announced in a news release dated July 27, 2009.J.W. (Bill) Morton, P.Geo., a director of the Company and qualified person within the context of Nat...