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Eastfield Resources Ltd.: Drilling Discoveries at Lorraine Deposit System Opens in all Directions.

Publication: Business Wire
Publication Date: 21-OCT-04
Format: Online - approximately 1264 words
Delivery: Immediate Online Access

Article Excerpt
VANCOUVER, British Columbia -- An ambitious 2004 step-out drilling and geological mapping program, directed at opening up the size potential and understanding the geologic controls on the Lorraine deposit, has discovered three new zones of mineralization. The Lorraine deposit, in north-central B. C., was interpreted to be three separate deposits. Recent drilling and geological interpretation indicates that these zones are part of one deposit that is now interpreted to extend for four kilometres.

System Opens to the Southwest:

Drill hole 04-82 intersected four good grade intervals to define the new Lower Weber Zone. The following table summarizes the highlights of this hole (all intersections represent core length):

----------------------------------------------------------- HOLE From To Cu Au Cu Equiv. ID (m) (m) Interval % g/t (%)(i) ----------------------------------------------------------- 04-82 3.12 22.14 19.02 m 0.85 0.09 0.90 ----------------------------------------------------------- 28.07 47.64 19.57 m 0.94 0.06 1.03 ----------------------------------------------------------- 67.06 76.7 9.64 m 0.63 0.06 0.66 ----------------------------------------------------------- 88.92 112.0 23.08 m 1.46 0.11 1.52 -----------------------------------------------------------

((i)Copper Equivalent calculations use long-term average metal prices of $375 (U.S.) per ounce for gold and 90 U.S. cents per pound for copper. Copper equivalent calculations reflect gross metal content and have...

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