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Eastfield Resources Commences Exploration at Iron Lake, BC
(via Thenewswire.ca) Vancouver, BC, August 28, 2013, Eastfield Resources Ltd. ("Eastfield"...
About this update from Eastfield Resources Ltd.
[{"type":"text","content":"Eastfield Resources Commences Exploration at Iron Lake, BC(via Thenewswire.ca)\n\n \nVancouver, BC, August 28, 2013, Eastfield Resources Ltd. (\"Eastfield\") (TSX-V: ETF) has begun an exploration program to follow up on results received from a program completed in 2012 on its 100%-owned Iron Lake-Hidden One copper, gold and platinum group metal project. The road accessible Iron Lake-Hidden One property is located 45 kilometres northeast of 100 Mile House, BC and encompasses an area of 16,871 hectares.\n\n \n \nIn the central area of the claim group, numerous samples of mineralized rubble have been found since 2000 including two samples found in 2012. All samples have been extremely similar in their petrology (ultramafic olivine-pyroxenite) and metal content. The average of eight grab samples collected to date is 0.71% copper, 0.70 g/t gold and 324 ppb platinum+palladium. Drilling completed in 2005 and 2006, targeting electromagnetic responses, failed to find the source of the disseminated mineralization but did encounter significant thicknesses of pyrrhotite dominant massive sulphide (e.g. drill hole IL-05-03 with 17 metres in an aggregate thickness of greater than 60% sulphide grading 0.34% copper and 23.7% iron) in similar rock differing only in its reduced olivine content.\n\n \n \nThe 2012 exploration program on the Iron Lake-Hidden One property included 24 kilometres of induced polarization/magnetometer surveying and rock sampling. This survey targeted two distinctly different styles of mineralization. On the portion of the property underlain by ultramafic rocks which had eight kilometres of induced polarization/magnetic survey, two new discrete and highly magnetic conductors were identified. On the adjacent Hidden One claims, which are underlain by rocks belonging to the Takomkame Batholith, 16 kilometres of survey was completed with two new conductors being identified. The 2013 program will follow up on the four new geophysical anomalies with further rock and soil sampling and possibly additional geophysics to further delineate the anomalies. A notice of work application (exploration permit application) has been submitted to the Mines Branch to complete eight diamond drill holes. \n\n \n \nJ.W. Morton, P.Geo., who is a qualified person within the context of National Instrument 43-101, has read and takes responsibility for...