September 17, 2007
Drilling Underway at Jajay-Lorraine Project
Eastfield Resources Ltd. ("Eastfield") (TSX-V: ETF) is pleased to report
that drilling has started on the Jajay-Lorraine property. Jajay-Lorraine is
a large property located in the Omineca region approximately 250 kilometres
northwest of Prince George, British Columbia.
The drilling this summer will be on the Slide Zone with approximately 1,500
metres to be drilled. This zone was newly discovered in 2006 with
intersections in two holes located one kilometre apart, which returned 55.5
metres grading 0.72% copper, 0.07 g/t gold, 5.5 g/t silver and 22.9 metres
grading 0.64% copper, 0.15 g/t gold, 30.0 g/t silver. (These drill intervals
represent core sample length and the true width of the zones has not been
determined.)
An Induced Polarization (IP) geophysical survey, capable of investigating
depths of up to 500 metres, is also ongoing on the property over an area of
approximately 14 kilometres by five kilometres. The most significant copper,
gold and silver occurrences on the property all occur within this survey
area and include the Upper and Lower Main, Bishop, Ekland, Slide, Boundary,
Page and Copper Creek zones. These zones are all alkalic intrusion related
and belong to a deposit style that includes the Galore Creek Deposit, which
is now under development by Teck Cominco and Nova Gold Resources (TSX: NG).
Other significant alkalic deposits in British Columbia include the Mt.
Polley, Afton and Copper Mountain Mines.
The Jajay-Lorraine Project is being managed by Teck Cominco Limited ("Teck
Cominco") (TSX: TCK.B) who holds the property under option. Teck Cominco may
earn a 51% interest in the Jajay-Lorraine project by spending $9 million by
2011, and may earn up to a 65% interest by completing a feasibility study
and arranging project financing. Teck Cominco has incurred exploration
expenditures of over $3 million to date.
G.L. Garratt, P.Geo., a director of the Company and qualified person within
the context of National Instrument 43-101, has read and takes responsibility
for this news release.
G. L. Garratt
G. L. Garratt, P.Geo.,
Officer and Director
Eastfield Resources Ltd.
Contact: Paul Way, Business Development Manager
(604) 681-7913 or Toll Free: 888-656-6611
About Eastfield Resources:
Since its inception in 1987, Eastfield Resources has utilized a successful
business strategy that involves securing third party exploration financing
the majority of its projects. At present, Eastfield has seven projects
located in British Columbia of which three will have 100% of exploration
funded by partners to the sum of � $2,000,000. These optioned projects
include Okeover, optioned by Prophecy Resource Corp. (TSX-V: PCY), Indata
optioned by Redzone Resources Ltd. (CNQ: REDZ) and Lorraine-Jajay, optioned
by Teck-Cominco Limited. Eastfield will be funding the start of exploration
at the newly acquired Zymo copper-gold-silver property, located west of
Smithers in British Columbia.
The TSX - Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. This news
release may contain certain "Forward-Looking Statements" within the meaning
of Section 21E of the United States Securities Exchange Act of 1934, as
amended. All statements, other than statements of historical fact, included
herein are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to
be accurate, and actual results and future events could differ materially
from those anticipated in such statements. Important factors that could
cause actual results to differ materially from the Company's expectations
are disclosed in the Company's documents filed from time to time with the
TSX - Venture Exchange, the British Columbia Securities Commission and the
US Securities and Exchange Commission.
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