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Eastfield Resources Announces Commencement of Drilling at the Zymo copper-gold project in British Columbia
(via Thenewswire.ca) Vancouver, BC, August 25, 2011: Eastfield Resources Ltd. "Eastfield" (TS...
About this update from Eastfield Resources Ltd.
[{"type":"text","content":"\nEastfield Resources Announces Commencement of Drilling at the Zymo copper-gold project in British Columbia\n\n(via Thenewswire.ca)\n\n \nVancouver, BC, August 25, 2011: Eastfield Resources Ltd. \"Eastfield\" (TSX-V: ETF) is pleased to announce that Bearing Resources Ltd. \"Bearing\" (TSX-V: BRZ) has commenced its summer exploration program at the 12,113 hectare Zymo copper-gold project (\"Zymo\"), located 45 kilometres west of Smithers, British Columbia. Eastfield has granted Bearing an option to earn up to 65% in Zymo. Exploration work carried out to date at Zymo, including surface sampling, geophysical testing and core drilling, has identified a large copper-gold porphyry system. Four distinct porphyry targets (Hobbes, FM, URC and RD Zones) have been identified over an open ended nine kilometre by three kilometre area defined by a copper in soil anomaly coincident with an induced polarization (\"IP\") chargeability anomaly.\n\n\n \nThe Hobbes Zone (\"Hobbes\") is the most advanced target with ten historic drill holes intersecting copper/gold mineralization over a distance of 600 metres. The best hole (ZY08-09) returned 72 metres (core length) of 0.72% copper and 0.54 g/t gold within a longer interval that returned 159 metres grading 0.44% Cu and 0.32 g/t gold. The URC Zone (\"URC\") is 1.5 kilometres west and the FM Zone (\"FM\") is located 4.0 kilometres east of Hobbes. In addition, prospecting in 2010 discovered a mineralized float sample assaying 0.74% copper and 0.70 g/t gold, 1.5 kilometres west of URC, beyond the area of any existing grid work.\n\n\n \nThe 2011 exploration program for Zymo is budgeted at $2 million and is fully funded. The program includes 8,000 metres (approximately 20 drill holes) of helicopter supported diamond core drilling, 30 kilometres of IP surveys, soil geochemical surveys, geological mapping and prospecting. For details of the proposed drilling program please refer to Eastfield's news release of August 4, 2011.\n\n\n \nDrill results will be published upon receipt and analysis of assay data.\n\n\n \nG.L. Garratt, P.Geo., who is a qualified person within the context of National Instrument 43-101, has read and takes responsibility for this news release.\n\n\n \nGlen Garratt, P.Geo.\n\n\n \nDirector\n\n\n \nEastfield Resources Ltd.\n\n\n \nContact: Paul Way, Business Development Manager\n\n\n \n(...