Business
Update on Indata Copper-Gold Project
(TheNewswire) Vancouver, B.C. - TheNewswire - Jan 20, 2021, E...
About this update from Eastfield Resources Ltd.
[{"type":"text","content":"Update on Indata Copper-Gold Project\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n Vancouver, B.C. -\n \n \n TheNewswire\n-\n \n \n Jan 20, 2021,\n \n \n Eastfield Resources Ltd.\n \n (\n \n TSXV:ETF\n \n )\n \n (OTC:\n \n ETFLF\n \n )\n \n (“Eastfield”)\n \n and\n \n \n Prophecy\nPotash Corp\n \n . (\n \n TSXV:NUGT\n \n ) (“Prophecy Potash”) provide an update on the\nstatus of the Indata project.\n \n \n The Indata property totaling 3,189 hectares (7,880 acres) is located\napproximately 120 kilometers northwest of the community of Fort St.\nJames, British Columbia and 230 kilometers northwest of the City of\nPrince George. It is situated in and adjacent to the Pinchi Fault Zone\nwith the northern boundary being approximately 7 kilometers south of\nthe southernmost boundary of the Stardust Project (\n \n Sun Metals Corp: TSX-V: SUNM\n \n ) and\n10 kilometers south of the Central Zone of the Kwanika Deposit (\n \n Serengeti Resources Inc. : TSX-V:\nSIR\n \n ). Terrain is flat to hilly and below tree line with\nelevations varying from 3,100 to 4,200 feet. Access is excellent with\nlogging operations currently occurring in the southern region of the\nproperty. The project is permissive for copper-gold porphyry related\nmineralization, orogenic gold mineralization and limestone hosted CRD\nmineralization. Previous results have included drill intercepts of\n47.26 g/t gold over 4.0 meters (with many lesser values) and porphyry\ncopper mineralization with trench intercepts of 0.36% copper over 75\nmeters and drill intercepts of 0.20% copper over 148 meters and (with\nmany lesser values). In 2007 a significant new target was developed in\nthe northwest side of the property in an area underlain by limestone.\nHere soils are strongly anomalous in lead, zinc, gold, manganese and\nantimony. This anomaly is situated in carbonate rocks similar in\ncharacter and in proximity to the Pinchi Fault as is the case at the\nStardust Project located 18 kilometers to the north.\n \n In 2019 a road was constructed into this area to facilitate\nfuture work (1.7 kilometers).\n \n \n \n Work completed in 2020 was limited to emplacing a number of soil lines\n(109 samples) in the southeastern area of the property south and east\nof where mineralized bedrock was exposed by recent logging and\ndiscovered in 2019. Select g...