Vancouver, BC - TheNewswire - November 22, 2023 - Eastfield Resources Ltd. (TSX-V:ETF) (OTC:ETFLF) is pleased to provide an update on 2023 exploration completed at the Hedgehog project located near Barkerville, B.C. by option partner West Oak Gold.

The 2023 program was designed to expand on results from the 2022 program which had identified a strong arsenic soil anomaly with strong spot gold values on the southeastern portion of the property.  The 2023 program consisted of prospecting and rock sampling over an area of one square kilometer encompassing the bulk of the arsenic soil anomaly.  During prospecting a total of 37 rock samples were collected for analysis.  No significant gold or base metal values were returned.  Several rock samples with elevated barium +/- arsenic were present but the rock sample results do not explain the large arsenic soil anomaly, with further exploration required.

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Figure 1: 2023 Prospecting Rock Sample Locations

Follow up was also carried out on four high gold in soil anomalies from the 2022 program.  A 956 ppb soil sample is located on a roadcut at the south end of the arsenic anomaly.  Angular float near this site included grey chert with abundant quartz veins which was sampled as part of the 2023 program but did not return any anomalous gold values. Very limonitic soil with anomalous arsenic (155ppm) and anomalous gold (45 ppb) was encountered under a blow down at one sample station.

Three anomalous gold in soil samples occur at the south end of the grid south of the creek.  The 748 ppb location was visited and the soil hole located.  All of the material in the hole and nearby was rounded fine and coarse float.  The two 68 ppb Au samples both occur near creek and gullies.  It appears that these samples are situated in river gravels and are probably alluvial in origin.

The Hedgehog Project, which is fully permitted, is located approximately 12 kilometres north of the community of Barkerville, BC.  Exploration models at Hedgehog include lode gold similar to the Cariboo Gold Project owned by Osisko Development Corp., and massive sulfides (“Cyprus Style”) similar to Chu Chua, BC.  Osisko’s Cariboo Gold Project is an advanced stage feasibility level gold project which recently received an Environmental Assessment Certificate from the provincial Environmental Assessment Office.  

Fieldwork was conducted by personnel from Mincord Exploration Consultants Ltd., under the direction of Bob Johnston, P. Geo.  Field samples were delivered to MSA Labs in Prince George, BC., for analysis by multi element ICP (35 elements) and fire assay with AAS finish for gold.  

J.W. (Bill) Morton P. Geo accepts responsibility as the Qualified Person for the technical content of this news release.

J.W. Morton, P. Geo.

President and CEO

Contact: (604) 681-7913 or Toll Free: 888-656-6611

https://eastfieldresources.com

About Eastfield Resources:

Other Projects:

Indata: copper-gold- (molybdenum) porphyry and precious metal quartz vein, located 120 km north of Fort St. James, BC, optioned to Alpha Copper Corp who may earn 60% by completing $2,300,000 in exploration and paying $450,000 (cash and/or shares) by June 20, 2024. Eleven drill holes totalling 2,140 m were completed in 2022. Results include IN22-82 with 173.6 meters grading 0.23% copper starting at 2.9 meters including 28.9 meters grading 0.47% copper starting at 2.9 meters. It constitutes the northern boundary of the Lake Zone which remains open beyond this point. A new zone of molybdenum mineralization was unexpectedly discovered 5 kilometers to the south of the Lake Zone in what is now called “Area 74” where hole IN22-74 intersected 30.8 meters grading 0.10% molybdenum (0.16 MoS2 eq.) starting at 113.7 meters and continuing to the bottom of the hole including 7.5 meters grading 0.32% molybdenum (0.51% MoS2 eq.). Results from historical drilling at Indata include DDH88-11 with 4.0 meters grading 47.26 g/t gold.

Zymo: a big copper-gold porphyry system with several 1 km scale targets, located 45 km west of Smithers, BC which is 100% owned by Eastfield. An 8 kilometer by 3 kilometer induced polarization chargeability anomaly includes and surrounds known mineralization. Drill results include holes ZY08-07 with 0.72% copper and 0.66 g/t gold over 72 meters and hole ZY11-20 with 0.28% copper and 0.34 g/t gold over 126 m. Peripheral precious metal veins have returned up to 10.78 g/t gold. Work completed in 2021 included expansions to the induced polarization and soil grids at a cost in excess of $400,000. Zymo is fully permitted.

Iron Lake: copper-gold- palladium-platinum-cobalt, located 40 kilometers northeast of 100 Mile House, BC. The project is optioned to Tech-X Resources Inc. (a private company). Targets include ultramafic copper-gold- palladium-platinum-cobalt and porphyry copper-gold. Tech-X may earn an 80% interest in Iron Lake by completing a total of $12,000,000 in work and paying a total of $730,000 in option payments by June 15, 2029. 26 drill diamond drill holes were completed in 2022 and 2023.

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