Business
Eastfield Resources Announces Drilling Begins at Crowsnest Gold Property in Southeastern BC
Eastfield Resources Announces Drilling Begins at Crowsnest Gold Property in Southeastern BC
About this update from Eastfield Resources Ltd.
[{"type":"text","content":"\nEastfield Resources Announces Drilling Begins at Crowsnest Gold Property in Southeastern BC\n\n\n Sep. 29, 2009 (TheNewswire.ca) -- Vancouver, BC, September 29, 2009 - Eastfield Resources Ltd. \"Eastfield\" (TSX-V: ETF) is pleased to say that partner MAX Resource Corp. (OTCBB:MXROF) (TSXV:MXR) \"MAX\" (TSX.V: MXR) has commenced a minimum 1,200 meter reverse-circulation drill program at the Crowsnest gold project in southeastern BC. This program will continue to explore the discovery trench area with close spaced drill holes to find the extent of the high grade mineralization and to define the direction and extent of the mineralized structure.The discovery trench area was discovered by Phelps Dodge Corporation in 1994 and trenched by Eastfield in 1999, resulting in a trench intercept of 8.57 g/t gold over 16.5 metres. A sample of gossan mineralization taken near this site by MAX in June 2009 returned an assay of 104 g/t Au. Previous operators at Crowsnest, including Placer Dome Inc. and Phelps Dodge, have suggested that 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.During geological work at Crowsnest conducted in August, Mr. Clancy Wendt, MAX's VP Exploration, determined that the core drilling conducted by previous operators had possibly failed to recover mineralization due to the amount of water used in the drilling process and an incorrect interpretation of the direction of the mineralized structure. A re-examination of the gossanized structure exposed at the discovery trench found free gold. Exploration will be conducted using a small reverse circulation drilling unit which has been selected because of its minimal surface footprint. This unit, which is new technology, was designed for environmentally sensitive applications in the Canadian Artic. It is compact and uses air instead of water, which will eliminate the problem of water washing away free gold from the gossan material. During drilling, small amounts of each sample derived from the drilling will be panned to identify free gold, which may he...