Seafield Reports Opening of New Office in Medellin, Colombia
TORONTO, ONTARIO -- (Marketwire) -- 08/31/11 -- Seafield Resources Ltd. ('Seafield' or the 'Company') (TSX VENTURE: SFF) is pleased to report the opening of its new office in Medellin, Colombia. Seafield's new, independent home in Medellin will serve as the Company's main office in Colombia and will provide the Colombian project team with adequate space to continue to further the development of the Quinchia Project. Overseeing the new office in Colombia will be Giovanny Ortiz, Seafield's newly hired Colombian General Manger (see the Company's press release dated August 8, 2011).
Seafield's President and CEO, Cesar Lopez, stated 'I'm happy to see another cornerstone of our development strategy put in place. A fully dedicated office in Medellin will provide additional support to the project team in Quinchia and is integral to the further development of our deposits.'
Seafield is also attending the 7th International Mining Show in Medellin from August 31 until September 2, 2011. The Company will be located at booth #300 and interested parties in the Medellin area are encouraged to visit with representatives of the company.
About Seafield
Seafield Resources Ltd. is a mineral exploration company focused on acquiring and advancing precious metals projects in Colombia. Seafield's flagship Quinchia project is located in the prolific Mid-Cauca gold belt with a land position spanning 6,757 hectares. For more details, please visit www.sffresources.com.
This news release includes certain 'forward looking statements' within the meaning of that phrase under Canadian securities laws. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. Forward-looking statements reflect management's current views with respect to possible future events and conditions and, by their nature, are based on management's beliefs and assumptions and subject to known and unknown risks and uncertainties, both general and specific to the Company. Although the Company believes the expectations expressed in such forward-looking statements are reasonable, such statements are not guarantees of future performance and actual results or developments may differ materially from those in our forward-looking statements. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of commodities, general market conditions, risks inherent in exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. Additional information regarding the material factors and assumptions that were applied in making these forward looking statements as well as the various risks and uncertainties we face are described in greater detail in the 'Risk Factors' section of our annual and interim Management's Discussion and Analysis of our financial results and other continuous disclosure documents and financial statements we file with the Canadian securities regulatory authorities which are available at www.sedar.com. The Company undertakes no obligation to update this forward-looking information except as required by applicable law. The Company relies on litigation protection for forward looking statements.
Neither 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 release.
Contacts:
Seafield Resources Ltd.
David MacMillan
Investor Relations
416-367-4571 ext. 226
dmacmillan@sffresources.com
www.sffresources.com
