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Howell

Introduction

Located in the East Kootenays of British Columbia, approximately 40 kilometres south of the Elk Valley Coal Mine. The Flathead Valley has a long history of gold and oil exploration, dating back to the late 1880's.

Status

Eastfield received notice on February 10, 2010 from the Province of British Columbia that the Flathead Valley is now a protected area, and no longer open to mineral development or exploration. As a result of this unexpected announcement, exploration and development of the Crowsnest and Howell projects have been suspended. Eastfield is currently seeking compensation from the BC government. The Memorandum of Understanding between the Province of British Columbia and the State of Montana can be read here.

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.

Geology

The Howell Creek property is underlain by a thick sequence of Paleozoic limestones and sedimentary rocks and older Proterozoic sediments. Mid-Cretaceous intrusions occurring as sills, dykes, plugs and diatremes intrude these units. Gold mineralization occurs disseminated in limestone and with quartz stockworks in syenite intrusives and Proterozoic sediments. Prior drilling has included 1.23 g/t gold over 58 metres, 0.95 g/t gold over 39 metres, 0.65 g/t gold over 82 metres, and 0.57 g/t gold over 149 metres. A diamond drill hole from 2006, collared to the west of the surface expression of the important Palaeozoic limestone, penetrated a near surface fault and intersected 43 metres grading 0.42 g/t gold to the bottom of the hole at 66 metres. Hole HW-606 effectively expands the prospective area for the target model. The last sample in this hole graded 0.44 g/t gold indicating a need to drill deeper and test the target along strike.

Exploration at Howell has included 6,197 metres of drilling in 49 holes. Several holes have also intersected significant "manto style" silver-lead-zinc intercepts in limestone. These include 15.3 g/t silver, 0.40% lead and 2.40% zinc over 7.5 metres and 51.5 g/t silver, 1.98% lead, 1.87% zinc, and 0.32 g/t gold over 7.6 metres. Hole HRC-15, with a 7.6 metre intercept grading 51.5 g/t Ag, 1.98% Pb, 1.87% Zn, and 0.32 g/t Au in dolomite, is located on the eastern edge of the drill grid. These intercepts represent Carbonate Replacement Deposit (CRD) style mineralization which has not been actively explored at Howell in past exploration efforts.

Current Exploration

MAX drilled at Howell during 2008 to expand the carbonate limestone hosted mineralization in the vicinity of HRC-25, H-02-1, H-02-3 and HW-606. Twelve holes totaling 1,312 metres of NQ core were completed and two new soil grids established. Two distinct styles of mineralization were targeted; the first being carbonate hosted gold and the second being CRD. Drill Results from 2008 include the following:

Hole	From (m)	To (m)	Width (m)	Gold g/t
HW-08-06	23.7	204.0	180.7	0.26
including	23.7	74.0	50.7	0.47
HW-08-07	88.1	92.0	3.9	0.65
and	132.0	138.0	6.0	0.53
HW-08-09	8.5	129.0	120.5	0.30
including	8.5	30.5	22.0	0.78
HW-08-10	8.0	10.0	2.0	0.79
HW-08-15	23.3	68.0	44.7	0.41
including	23.3	44.0	20.7	0.53

Access

The Howell property is accessed from Fernie via all-weather logging haul roads; secondary logging roads cut through the middle of the property.

Reports

2008 Howell Assessment Report PDF

(7MB)

Maps

click to view enlarged Twentynine Mile Creek looking SE Howell Project	click to view enlarged Property Geology Howell Project
click to view enlarged 'A' Grid Geology Howell Project	click to view enlarged Gold Geochemistry Howell Project
click to view enlarged Section 'O' - 'P' Howell Project	click to view enlarged Section 'M' - 'N' Howell Project
click to view enlarged Section 'M' - 'N' (DETAIL) Howell Project

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This page was created on Wed Sep 8, 2010 at 12:37:38 AM Pacific Time.