Eastfield Resources Ltd

6 projects - British Columbia & 1 in Nevada.

Message: Corrects exercise price on stock options - 2009-01-13

Cdn Gold, Eastfield drill 0.23% Cu over 273 m at Zymo

2009-09-14 08:47 ET - News Release

See News Release (C-CGH) Canadian Gold Hunter Corp

Mr. G.L. Garratt of Canadian Gold Hunter reports


Canadian Gold Hunter Corp. and Eastfield Resources Ltd. have received results from the recently completed drilling program on the Zymo copper-gold property located 45 kilometres west of Smithers, B.C. Four holes were drilled at the Hobbes zone and one hole tested a showing in the FM zone. All holes intersected mineralization.

Of the four holes drilled in the Hobbes zone, three (ZY-09-13, 15, 16) were each 100-metre step-outs to the west of ZY-08-07 and ZY-08-08. Each of these holes intersected mineralization and the Hobbes zone has now been traced over 600 m in an east-west direction. The most westerly hole, ZY-09-16, intersected the longest interval of mineralization to date indicating good potential for further extension of the mineralized zone to the west and south. Hole ZY-09-14 is a vertical hole drilled at the site of previously released holes ZY-08-09 (72.0 m of 0.72 per cent copper; 0.54 g/t gold) and ZY-08-10 (57.0 m of 0.43 per cent copper; 0.32 g/t gold). This hole intersected 273 m of 0.23 per cent copper and 0.15 g/t gold and confirms that mineralization persists to greater depth. Hole ZY-09-17 was drilled in the FM zone.


Hole ID       From (m)   To (m)   Interval (m)(i)   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

(i) Intervals are core lengths and true widths may be less than 
    reported here.

Work on the Zymo property to date has confirmed the presence of a sulphide mineralized copper-gold system that is over eight kilometres long and two km wide, and 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 per cent copper and 0.22 g/t gold. This target further expands the discovery potential of the property.

Canadian Gold Hunter has the option to earn a 60-per-cent interest in the property by completing exploration expenditures of $4-million over five years. Canadian Gold Hunter may earn an additional 10-per-cent interest by completing a feasibility study and an additional 5 per cent by arranging mine financing for Eastfield.

G.L. Garratt, PGeo, who is a qualified person within the context of National Instrument 43-101, has read and takes responsibility for this news release. Bob Johnston, PGeol, 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, B.C., using multielement (ICP-MS) aqua regia digestion (1D) procedures, with gold and silver values determined using fire assay procedures

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