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Iron Lake 2022 Drilling Summary
(TheNewswire) Vancouver, BC - TheNewswire - Feb ruary 21, 2023 - Eastfi...
About this update from Eastfield Resources Ltd.
[{"type":"text","content":"Iron Lake 2022 Drilling Summary \n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, BC -\n \n \n TheNewswire -\n \n \n Feb\n \n \n ruary\n \n \n 21, 2023 -\n \n \n Eastfield Resources\nLtd.\n \n \n “Eastfield”\n(TSXV:ETF)\n \n \n (U\n \n \n S\n \n \n OTC:ETFLF)\n \n \n is pleased to announce that Iron\nLake option partner\n \n \n Tech-X\nResources Inc. “Tech-X” (a private company)\n \n \n has\n \n \n provided Eastfield with the results of the\nfinal 10 diamond drill holes of the 2022 program (the results of the\nfirst 13 holes were announced on November 7, 2022). The Iron Lake\nproperty is a copper-nickel-gold-platinum-palladium-cobalt project\nlocated 50 kilometers northeast of the community of 100 Mile House,\nBC\n \n \n .\n \n \n The property is being\nexplored for two target types: The first type being magmatic sulphides\ncontaining copper, nickel, gold, platinum, palladium and cobalt\noccurring as massive sulphide sheets and as disseminations, and the\nsecond target type being copper-gold porphyry hosted in adjacent\ndiorite and monzonite porphyritic intrusive. During the 2022 season 23\ndiamond drill holes with a combined meterage of 5,001 m were\ncompleted.\n \n \n \n \n Tech-X may earn an 80% interest in Iron Lake by\ncompleting a total of $12,000,000 in work and paying a total of\n$1,000,000 in option payments by December 31, 2027.\n \n \n \n \n Hole Summaries Released Today\nInclude:\n \n \n \n \n IL22-014\n \n \n was\nlocated to test a frequency domain electromagnetic crossover beneath a\n900 ppm copper in soils anomaly.  The hole intersected a weighted\naverage of 652 ppm copper over 27 meters, including three sections of\nover 1000 ppm copper. Maximum copper concentration was 0.11%.\n \n \n \n \n IL22-015\n \n \n was\nlocated to test below a 1974 copper in soils anomaly grading >1300\nppm copper, surface rock samples grading 1373 and 4214 ppm copper, and\na nickel in soils anomaly grading > 50 parts per million. The hole\nintersected 673 ppm copper over 37 meters including 8 meters of 0.12%\ncopper. The combined gold, platinum and palladium concentrations over\nthe 37 meter interval ranged from 19 to 317 ppb.\n \n \n \n \n IL22-016\n \n \n tested\nboth an induced polarization chargeability anomaly from a 2019 survey\nand a partial electroma...