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Projects

Zymo

Copper-gold Project
This project is located in north central British Columbia, 40 Km west of the town of Smithers. It has two types of mineralization: bulk tonnage copper-gold porphyry mineralization and peripheral related zones of high grade gold-silver mineralization.

Eastfield holds an option to acquire 100% of Zymo.

Okeover

Copper-molybdenum-silver-gold
This is a porphyry prospect 20 km north of Powell River, British Columbia. There is a current mineral resource, completed in 2006, of 86.8 million tones grading 0.31% copper and 0.014% MoS2 at a 0.20% copper cut off.

Okeover is a joint venture between Eastfield Resources with 40% and Prophecy Resource Corp. with 60% from a 2006 option agreement that was satisfied by Prophecy in 2010.

Iron Lake

Palladium-platinum-gold-copper project
This project is located in southeast British Columbia. Drilling that was completed in Feb 2005 intersected significant massive sulphide mineralization.

Iron Lake was optioned to Cobre Exploration Corp. in June 2008. Cobre can earn a 60% interest in the Iron Lake project by incurring $1,500,000 in exploration, making $175,000 in cash payments, issuing 666,666 shares and issuing more shares valued at $100,000 before June 1, 2013.

Indata

Copper-gold project
This project is located in north central British Columbia and consists of several styles of mineralization.

Oceanside Capital Corp. has been granted the option to earn a 60% interest by paying to Eastfield the aggregate sum of $160,000, issuing to Eastfield an aggregate of $120,000 of shares of Oceanside and by expending $2,000,000 on the Indata Property over a three year period ending on December 31, 2013.

Kilometre 26

Gold
The Kilometre 26 Gold Project is located in central British Columbia approximately 55 kilometres northwest of Fort St. James.

Optioned to Oroandes Resources Corporation. Oroandes may earn a 60% interest in Kilometre 26 by spending $1,575,000 on exploration, issuing 275,000 shares and making $107,500 in payments by September 25, 2013.

Crowsnest

Gold Project
This project in southeastern British Columbia in the Flathead Valley is a gold exploration project with a 2009 discovery of high grade gold.

Crowsnest and Howell were optioned to MAX Resource Corp. in July 2009. MAX can earn a 60% interest in either the Howell project or the Crowsnest project or both over a four-year period. In the initial stage of this earn-in, MAX must make cash payments totaling $60,000 to Eastfield (of which $10,000 was paid on signing), issue 100,000 shares to Eastfield (50,000 shares in the first year) and complete aggregate exploration expenditures on both properties of $400,000 by the second anniversary date (June 30, 2011). To complete its Crowsnest earn-in, MAX must make further cash payments to Eastfield of $90,000, issue 400,000 shares and spend a further $1,050,000 on exploration at Crowsnest prior to June 30, 2013.

Howell

Gold and base metal property
This gold exploration project in the Flathead Valley is located 10 km northwest of the Crowsnest property.

Howell and Crowsnest were optioned to MAX Resource Corp. in July 2009. MAX can earn a 60% interest in either the Howell project or the Crowsnest project or both over a four-year period. In the initial stage of this earn-in, MAX must make cash payments totaling $60,000 to Eastfield (of which $10,000 was paid on signing), issue 100,000 shares to Eastfield (50,000 shares in the first year) and complete aggregate exploration expenditures on both properties of $400,000 by the second anniversary date (June 30, 2011). To complete its Howell earn-in, MAX must make further cash payments to Eastfield of $90,000, issue 400,000 shares and spend a further $700,001 on exploration at Howell prior to June 30, 2013. MAX will also be responsible for its portion of the $200,000 payment due to Goldcorp Inc. and Teck Cominco Metals Limited by August 31, 2010 pursuant to Eastfield's underlying option agreement with them.

Tonopah

Silver-gold property
This project is located in Nevada. It is an Au-Ag deposit with 100% interest acquired in August 1999.

The project is currently available for option.



Summary of Mineral Properties and Status

	OK	Indata	Iron Lake	Crowsnest	Howell	Zymo	Kilometre 26	Tonopah
Status	Joint Venture	Farmed Out	Farmed Out	Farmed Out	Farmed Out	Eastfield Out	Farmed Out	Eastfield
Location	BC	BC	BC	BC	BC	BC	BC	Nevada
Optionee	Prophecy	Oceanside	Cobre	MAX	MAX	-	Oroandes	-
Mineral	Cu, Mo, Au	Cu, Au	Cu, Au, PGM	Cu, Au	Cu, Au	Cu, Au, Ag	Au	Au, Ag
Option Date	-	May-10	June-08	July-09	July-09	-	Sept-09	-
Option Term	-	Three Years	Five Years	Four Years	Four Years	-	Four Years	-
Interest to be Earned	-	60	60%	60%	60%	-	60%	-

Notes:
1. Okeover (OK) is a 40%-60% joint venture between Eastfield and Prophecy Resources.

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This page was created on Thu Sep 9, 2010 at 10:12:32 PM Pacific Time.