Eastfield Resources Ltd.

Eastfield Resources Ltd.

June 05, 2007 12:19 ET

Eastfield Resources Ltd.: Drilling to Start at Okeover

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 5, 2007) - Eastfield Resources (TSX VENTURE:ETF) is preparing to start a 1,500 metre (5,000 feet) drill plan consisting of nine holes with a budget of approximately $450,000 at the Okeover (OK) property. Four of the holes will target expansions to the North Lake Zone while three will test the new soil anomaly identified in 2006 at the Northwest Zone and two will test the South Breccia Zone.

The Okeover property is located twenty-five kilometres north of the City of Powell River, British Columbia and several kilometres east of Okeover Inlet, extending southerly from tidewater on Theodosia Inlet. The property consists of fourteen claims covering 5,233 hectares of land. Access is by way of 30 kilometres of highway and secondary logging roads from Powell River. The central part of the property features relatively gentle topography with elevations ranging from 800 to 1,100 metres (2,600 to 3,600 feet) above sea level.

Since its discovery in 1965, the Okeover property has been explored by a number of geological, geochemical and geophysical surveys and by more than 15,000 metres of drilling. Eight zones of copper and molybdenum mineralization have been identified over a northerly trend of 5 kilometres in the central property area. All but one of these zones consists of pyrite, chalcopyrite and molybdenite hosted by quartz veinlets and stockworks. The South Breccia Zone is different and features higher copper grades of up to several per cent in an intrusive breccia. It has seen only limited drilling to date.

Okeover is currently under option to Prophecy Resource Corporation (TSX VENTURE:PCY) who can earn a 60% interest in the project by completing $1,000,000 in exploration before March 8, 2010. Work funded by Prophecy in 2006 outlined a new copper-molybdenum soil anomaly over a substantial area approximately 1.5 kilometres to the northwest of the North Lake Zone.

In late 2006, N.C. Carter, PhD, P.Eng, completed a technical report on the Okeover Property (OK) pursuant to NI 43-101 that estimated an inferred mineral resource of 86.8 million tonnes grading 0.31% copper and 0.014% MoS2 at a 0.20% copper cut-off for the North Lake Zone. This is only one of the eight zones of known mineralization and the only one where detailed drilling has been completed.

J.W. (Bill) Morton, P.Geo, director, and qualified person within the context of National Policy 43-101 has read and takes responsibility for this news release.

J.W. (Bill) Morton, P.Geo, President

About Eastfield Resources Ltd.

Since 1987, Eastfield has utilized a business strategy that involves securing third party financing on the majority of its projects. This has allowed the company to minimize share dilution and risk, while maximizing leverage. After being listed for nineteen years the company has 41,809,919 shares issued and currently owns six mineral projects in British Columbia and one in the state of Nevada.

Eastfield and Lysander Minerals Corporation (TSX VENTURE:LYM), partners in the Lorraine-Jajay project located in northern BC, have announced plans to segregate their respective 50% interests in this project into a new company. Eastfield and Lysander will then each receive approximately 50% of the shares, which will be distributed to existing shareholders, subject to final shareholder and regulatory approvals. The Lorraine-Jajay property is optioned to Teck Cominco (TSX:TCK.B).

Eastfield Resources is part of The Eastfield Group, a family of companies with the same experienced management team. Other companies in The Eastfield Group include Wildrose Resources (TSX VENTURE:WRS) and Cariboo Rose Resources (TSX VENTURE:CRB).

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.

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

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