Seafield Resources Ltd.
TSX VENTURE : SFF

Seafield Resources Ltd.

January 17, 2012 12:55 ET

Seafield Announces Appointment of Elina Chow as Vice President of Corporate Development

TORONTO, ONTARIO--(Marketwire - Jan. 17, 2012) - Seafield Resources Ltd. ("Seafield" or the "Company") (TSX VENTURE:SFF) is pleased to report the appointment of Elina Chow as Vice President of Corporate Development, effective immediately. She will report to Seafield's CEO, Cesar Lopez, and will be based in Toronto, Canada.

Elina Chow brings over eight years of marketing and investor relations experience to Seafield and has extensive experience in corporate branding, media relations and event management. She has played an integral part in a number of successful mineral exploration companies. Most recently, she was the Director of Investor Relations at Continental Gold (CNL-T), an advance-stage exploration company with a suite of gold projects in Colombia. Prior to Continental, Ms. Chow was with Auryx Gold Corp. and Colossus Minerals Inc., where she oversaw the closing of capital raising transactions totalling over $300 million and led marketing initiatives to effectively increase awareness of the companies among investment communities. Ms. Chow has led the development of investor relations strategies for companies with market capitalizations ranging from $48 million to $1 billion.

Seafield's President and CEO, Cesar Lopez, stated: "We are extremely happy to have Elina join Seafield. The calibre of her experience and work ethic precisely fits the needs of Seafield at its current stage of development, and we look forward to increasing our analyst following, investor base and market recognition under her direction."

As part of the compensation package, Seafield Resources Ltd. will issue Ms. Chow 200,000 incentive stock options to be granted pursuant to the Company's stock option plan (the "Option Plan") and the rules of the TSX Venture Exchange. The options are exercisable at $0.155 for five years in accordance with the Option Plan and will vest in four equal installments every three months commencing on the grant date.

About Seafield

Seafield Resources Ltd. is a mineral exploration company focused on acquiring and advancing precious metals projects in Colombia. Seafield's flagship prospects and deposits are located in the Quinchia District, located in the prolific Mid-Cauca gold belt with a land position spanning 6,757 hectares. Seafield Resources Ltd. trades its shares on the Toronto Venture Exchange (TSX-V) under the symbol SFF and in the United States using CUSIP 81173R101. For more details, please visit www.sffresources.com.

This news release includes certain "forward looking statements" within the meaning of that phrase under Canadian securities laws. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. Forward-looking statements reflect management's current views with respect to possible future events and conditions and, by their nature, are based on management's beliefs and assumptions and subject to known and unknown risks and uncertainties, both general and specific to the Company. Although the Company believes the expectations expressed in such forward-looking statements are reasonable, such statements are not guarantees of future performance and actual results or developments may differ materially from those in our forward-looking statements. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of commodities, general market conditions, risks inherent in exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. Additional information regarding the material factors and assumptions that were applied in making these forward looking statements as well as the various risks and uncertainties we face are described in greater detail in the "Risk Factors" section of our annual and interim Management's Discussion and Analysis of our financial results and other continuous disclosure documents and financial statements we file with the Canadian securities regulatory authorities which are available at www.sedar.com. The Company undertakes no obligation to update this forward-looking information except as required by applicable law. The Company relies on litigation protection for forward looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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