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Eastfield Resources Announces Drilling Program Start-up on Zymo Copper-Gold Project, BC

(via Thenewswire.ca) Vancouver, BC, July 26 2012 - Eastfield Resources Ltd. ("Eastfield") (...

articleEastfield Resources Ltd.July 26, 20124/company/eastfield-resources-ltd/news/eastfield-resources-announces-drilling-program-start-up-on-zymo-copper-gold-project-bc
Eastfield Resources Announces Drilling Program Start-up on Zymo Copper-Gold Project, BC

About this update from Eastfield Resources Ltd.

[{"type":"text","content":"\nEastfield Resources Announces Drilling Program Start-up on Zymo Copper-Gold Project, BC\n\n(via Thenewswire.ca)\n\n \nVancouver, BC, July 26 2012 - Eastfield Resources Ltd. (\"Eastfield\") (TSX-V: ETF) is pleased to announce the mobilization for the 2012 drilling program at the Zymo Copper-Gold Project (\"Zymo\") in British Columbia. The 12,896 hectare property is located 45 kilometres west of Smithers, British Columbia and Bearing Resources Ltd. (\"Bearing\") (TSX-V: BRZ) is earning a 65% interest in the project from Eastfield. Historical exploration, including surface sampling, geophysical testing and core drilling, has identified a large copper-gold porphyry system that includes four distinct porphyry targets (Hobbes, FM, URC and RD Zones). Overall the targets are defined by coincident copper and gold soil anomalies contained within a nine kilometre by three kilometre induced polarization (\"IP\") chargeability anomaly which remains open to the southeast.\n\n\n \nBearing has budgeted $900,000 for a six hole, 2,500 metre, diamond drill program designed to further test and expand the four known target areas. A summary of the zones and significant results follows:\n\n\n \nHobbes Zone\n\n\n \nHobbes is the most advanced target with ten historic (2008-2009) drill holes intersecting copper/gold mineralization including ZY08-09, drilled in 2008, and which returned 72 metres (core length) of 1.11% Cu equivalent (\"Cu eq.\") (0.72% Cu and 0.54 g/t Au). Drilling of seven holes in 2011 by Bearing focused on step-out drilling to the north, east and west of the prior drilling and was successful in extending mineralization approximately 75 metres to the north, 100 metres to the east and 80 metres to the west (hole ZY11-20 returned 126 metres of 0.54% Cu eq. (0.34% Cu, 0.28 g/t Au, starting from surface). The mineralization remains open to depth and to the west, east and south. Mineralization covers an area defined by drilling of 720 metres by 350 metres with the deepest intersection extending to 300 metres.\n\n\n \nFM Zone\n\n\n \nFM is four kilometres east of the Hobbes zone and has been tested by seven historical wide-spaced drill holes that encountered mostly barren to low grade phyllic-altered intrusive and intrusive breccias associated with magnetic lows. In 2011, two new areas were drill tested by Bearing that targeted magnetic hig...

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