Eastfield Continues Work at the Iron Lake Copper, Gold, and Palladium Project
Eastfield Continues Work at the Iron Lake Copper, Gold, and Palladium Project
Vancouver, B.C. , Dec 6, 2019, Eastfield Resources Ltd. (TSX-V: ETF ) (“Eastfield ”) and GK Resources Ltd.
(TSX-V: NIKL) (“GK”) have completed their 2019 program at the Iron Lake property. Fieldwork included rock
sampling and 7.5 kilometers of infill induced polarization surveying designed to improve targeting for a planned
future drill program . A total approximately 54 kilometers of “IP” has now been completed on the property .
Iron Lake is located 45 kilometers northeast of the community of 100 Mile House, in southern British Columbia.
The property consists of 21 claims totaling 8,03 3 hectares (19,8 41 acres) covering a large mafic to ultramafic
intrusive body in which olivine pyroxenite, gabbro and pegmatite predominate. The intrusion is host to
disseminated and massive sulfide styles of mineralization. Between the years 2000 and 2012 many samples of
mineralized rubble were found at Iron Lake in a glacial till esker feature enclosed within an open ended IP
chargeability anomaly. All of these samples are composed of olivine pyroxenite with a disseminated character of
mineralization with an average metal con tent (8 samples) of 0.71% copper, 0.70 g/t gold, 0.32 g/t platinum +
palladium and 417 ppm nickel. The bedrock source of this material has not yet been determined but is the focus of
the 2019 program. Drilling completed in 2005 and 2006, targeting electrom agnetic anomalies just south of the IP
anomaly, encountered significant thicknesses of massive sulfide mineralization (e.g. hole IL -05-03 with 17 meters
aggregate thickness of greater than 60% sulfide grading 0.34% copper and 23.7% iron). Cobalt values in the
massive sulfide reach 0.14% over a 1.4 meter drill core sample interval while select grab samples reach 0.35%.
Iron Lake is subject to an option agreement with GK Resources Ltd. (“GK”) whereby GK may earn a 60% interest
in the project by making $600,0 00 in option payments (cash and/or shares) and completing $3,000,000 in
exploration work by June 20, 2023.
In other news Surge Exploration Inc. has notified the company that it is terminating its option on the Hedgehog
copper, gold and cobalt project locat ed approximately 10 kilometers north of the community of Barkerville, BC.
Eastfield will continue to own a 100% unencumbered interest in Hedgehog.
This news release has been reviewed by J.W. Morton P.Geo who is the Qualified Person within the context of NI43 -101
and who takes responsibility for its content.
J.W. Morton, P. Geo.
President and CEO
Contact: (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 well -funded Canadian mineral exploration company focused on the discovery of precious
metal and copper deposits. Eastfield currently has six mineral projects located in British Columbia of which two
are currently optioned to third parties . Eastfield also hol ds a strategic position in Consolidated Woodjam Copper
consisting of approximately 14% of its outstanding shares.
For more information, please visit the company’s website at www.eastfieldresources.com.