Eastfield Resources Reports Recent Activity near the Tonopah-Hughes Gold-Silver Project, Nevada
April 04 2014 - 12:57PM
Access Wire
VANCOUVER, BC / ACCESSWIRE / April 4, 2014 / Eastfield Resources
Ltd. ("Eastfield") (TSX-V: ETF), due to recent shareholder
inquiries, would like to report recent activity in the Tonopah area
of Nevada near its 100% owned Tonopah-Hughes Property. The
Tonopah-Hughes property consists of twenty-six patented claims
encompassing an area of approximately 400 acres (162 hectares).
On January 27, 2014 West Kirkland Mining Inc. ("West Kirkland")
(TSX-V: WKM) entered into an agreement with Allied Nevada Gold
Corp. ("Allied Nevada") (TSX: ANV) to acquire the Three Hills and
Hasbrouk Mountain gold project. Three Hills is located immediately
west of the community of Tonopah and south of the Eastfield-owned
claims. The Eastfield-owned claims are partly contiguous with the
West Kirkland claims and overlie a portion of the north end of the
historic Three Hills resource.
West Kirkland recently released an updated resource for the
Three Hills property resulting in Measured and Indicated Resources
of 8,504,000 tons grading 0.018 oz/ton gold (0.62 g/t Au, 151,000
oz of Gold) and Inferred Resources of 11,002,000 tons grading 0.014
oz/ton gold (0.51 g/t Au, 154,000 oz of Gold). The Three Hills
deposit is an oxidized, low-sulphidation, epithermal disseminated
gold deposit amenable to a low cost heap leach operation.
In 1997 Eastfield completed drill hole TH-97-16, collared on its
Protection Claim, which returned separate intercepts of 7.55 g/ton
Au and 288.0 g/ton Ag over 3.1 m from 153.9 m to 157.0 m and 1.89
g/t Au and 102.9 g/t Ag over 3.1 m from 189.0 m to 192.1 m,
respectively. No further work has since been completed.
The Tonopah area was one of the most important gold-silver lode
mining districts in the State of Nevada with reported production
between 1900 and 1942 of 1.8 million ounces of gold and 174 million
ounces of silver from 8.2 million tons of rock (implying an average
recovered grade of 8.23 g/t Au and 795.4 g/t Ag processed). The
Eastfield-owned claims represent a large portion of the
hypothesized western (and largely unmined) extension of the
historic Tonopah district. The company is encouraged to see the
Three Hills project move forward.
J.W. Morton, P.Geo., who is a qualified person within the
context of National Instrument 43-101, has reviewed and takes
responsibility for this news release.
J.W. Morton, P. Geo.
President and CEO
Eastfield Resources Ltd.
Contact: Paul Way, Business Development Manager
(604) 681-7913 or Toll Free: 888-656-6611
Neither the 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 news release.
About Eastfield Resources:
Eastfield Resources is a Canadian mineral exploration company
focused on the discovery of large gold and copper deposits; it
currently has projects in British Columbia and in Nevada. Eastfield
trades on the TSX Venture exchange under the symbol "ETF". For more
information, please visit the company's website at
www.eastfieldresources.com.
SOURCE: Eastfield Resources
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