SOURCE: Eastfield Resources Ltd.

Eastfield Resources Ltd.

October 07, 2010 15:16 ET

Eastfield Discovers New Mineralization at the Zymo Copper-Gold Property

0.72% Copper and 0.70 g/t Gold in Float Sample

VANCOUVER, BC--(Marketwire - October 7, 2010) -  Eastfield Resources Ltd. ("Eastfield") (TSX-V: ETF) is pleased to announce that the fall exploration program has been completed on its 12,113 hectare Zymo copper-gold property located 45 km west of Smithers, BC. Approximately 1,323 hectares in three new claims were staked to cover a promising new area of mineralization.

Reconnaissance exploration to the west of previous exploration resulted in the discovery of significant float of strongly altered and well mineralized intrusive rock that returned 0.74 % copper and 0.70 g/t gold. The sample was taken approximately 1.5 km west of the URC target and indicates a new target area. The sample carries abundant magnetite which is characteristic of the strongly mineralized Hobbes Zone 4 km to the east (Hobbes drill highlights: ZY-08-9: 72.0 m of 0.72% copper and 0.54 g/t gold and ZY-09-10: 57.0 m of 0.43% copper and 0.32 g/t gold).

Two other new areas of mineralization were also identified by float sampling in the vicinity of existing soil geochemical anomalies:

  • 0.36% Cu and 1.63 g/t Au from a sample taken 1.0 km west of the Hobbes Zone drilling
  • 0.29% Cu from a sample taken 0.5 km north of the URC anomaly

The program also included extending geophysical survey coverage westward from the Hobbes Zone to cover the 1.5 km long URC copper-gold geochemical anomaly. The IP Chargeability anomaly was extended over 1.0 km further west and now covers an area of approximately 8.0 km by 2.0 km. The URC target lies along the southern flank of the IP anomaly. A magnetic survey indicates that the URC target also lies along the northern flank of a 2 km long magnetic high. Previous sampling in this area returned 0.33% copper and 0.22 g/t gold from float. There is no outcrop in the area. Sampling of float in the URC target area from this year's program continued to show good results including:

  • 0.19% Cu and 0.16 g/t Au
  • 0.30% Cu and 0.28 g/t Au
  • 0.48% Cu and 0.65 g/t Au

The 2010 exploration program was very successful in adding to the discovery potential of the property as well as providing detail for vectoring drill testing at the URC target. The company is looking forward to a drilling program and the development of the new exploration areas. Eastfield has the option to earn a 100% interest in the Zymo property, subject to a NSR.

G.L. Garratt, P.Geo., who is a qualified person within the context of National Instrument 43-101, has read and takes responsibility for this news release.

Glen Garratt, P.Geo.
Director
Eastfield Resources Ltd.

About Eastfield Resources:
Eastfield is a Canadian mineral exploration company focused on the discovery of large gold and copper deposits; it currently has seven projects in British Columbia and one in Nevada. Current projects include an option to earn a 100% interest in the Zymo gold-copper project; a 40% ownership in the Okeover copper-molybdenum project with 60% partner Prophecy Resource Corp.; and a 100% interest in the Tonopah gold project in Nevada. Projects currently optioned out include Kilometre 26, optioned to Oroandes Resource Corp.; Indata, optioned to Oceanside Capital Corp.; and Iron Lake, optioned to Cobre Exploration Corp. Eastfield trades on the TSX Venture exchange under the symbol "ETF". For more information, please visit the company's website at www.eastfieldresources.com.

The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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