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| | September 14, 2009
Drilling at Zymo Copper-Gold Project Significantly Expands Mineralized Zone
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| | Vancouver, BC, September 14, 2009 - Eastfield Resources Ltd. ("Eastfield") (TSX-V: ETF) and Canadian Gold Hunter Corp. ("CGH") (TSX: CGH) are pleased to announce that results have been received from the recently completed drilling program on the Zymo copper-gold property 45 kilometres west of Smithers, BC. Four holes were drilled at the Hobbes Zone and one hole tested a showing in the FM Zone. All holes intersected mineralization.
Three holes (ZY-09-13, 15, 16) drilled at the Hobbes zone were each 100 m step-outs to the west and resulted in extending the zone which now measures over 600 m in an east-west direction and remains open-ended. The most westerly hole, ZY-09-16 intersected the longest interval of mineralization to date indicating potential for extension to the west and south. Hole ZY-09-14 was a vertical hole drilled at the site of previously released holes ZY-08-9 (72.0 m of 0.72% copper and 0.54 g/t gold) and ZY-08-10 (57.0 m of 0.43% copper and 0.32 g/t gold) and confirmed that mineralization continues to greater depths at this location where a mineralized interval of 273 m was intersected. A summary of significant results is as follows:
| HOLE ID |
FROM (m) |
TO (m) |
INTERVAL (m)* |
Cu (%) |
Au (g/t) |
| ZY-09-13 |
3.0 |
428.0 |
425.0 |
0.15 |
0.09 |
| including |
255.0 |
381.0 |
126.0 |
0.20 |
0.15 |
| ZY-09-14 |
3.0 |
276.0 |
273.0 |
0.23 |
0.15 |
| including |
9.0 |
108.0 |
99.0 |
0.36 |
0.25 |
| including |
33.0 |
93.0 |
60.0 |
0.44 |
0.30 |
| ZY-09-15 |
33.0 |
441.0 |
408.0 |
0.21 |
0.11 |
| including |
87.0 |
153.0 |
66.0 |
0.33 |
0.20 |
| including |
297.0 |
318.0 |
21.0 |
0.31 |
0.18 |
| ZY-09-16 |
30.0 |
369.0 |
339.0 |
0.23 |
0.13 |
| including |
139.0 |
330.0 |
171.0 |
0.31 |
0.18 |
| including |
201.0 |
279.0 |
78.0 |
0.41 |
0.26 |
| ZY-09-17 |
9.0 |
42.0 |
33.0 |
0.13 |
0.11 |
(*Intervals are core lengths and true widths may be less than reported here.)
The Zymo property is underlain by an alteration/sulphide system of over 8.0 km long and 2.0 km wide which hosts several mineralized targets including the Hobbes and FM. Fill-in soil geochemical sampling was carried out on the URC target which lies 1.5 km west of the Hobbes Zone and confirmed a 1.5 km long coincident copper-gold anomaly. This target is beyond the end of the geophysical grid and prospecting found no outcrops however a sample of mineralized float returned 0.33% copper and 0.22 g/t gold. This target further expands the discovery potential for the property.
CGH has the option to earn a 60% interest in the property by completing exploration expenditures of $4 million over five years. CGH may earn an additional 10% interest by completing a feasibility study and an additional 5% by arranging mine financing for Eastfield.
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. Bob Johnston, P. Geo., also a qualified person within the context of National Instrument 43-101, supervised the project work in the field. Analysis was performed by Acme Analytical Laboratories, a certified facility in Vancouver, BC, using multi-element (ICP-MS) Aqua Regia Digestion (1D) procedures, with gold and silver values determined using fire assay procedures.
Glen Garratt, P.Geo.
VP Exploration
Eastfield Resources Ltd.
Contact:
Paul Way, Business Development Manager
(604) 681-7913 or Toll Free: 888-656-6611
About Eastfield Resources:
Eastfield is a prospect generator whose business strategy involves securing third party exploration financing on its projects. Eastfield has seven projects in British Columbia and one in Nevada. Currently optioned projects include Zymo, optioned to Canadian Gold Hunter (TSX: CGH); Okeover, optioned to Prophecy Resource Corp. (TSX-V: PCY); Crowsnest and Howell, optioned to MAX Resource Corp. (TSX.V: MXR); and Iron Lake, optioned to Cobre Exploration Corp. (TSX-V: CXV-H).
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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