• Mittwoch, 07 Mai 2025
  • 11:03 Frankfurt
  • 10:03 London
  • 05:03 New York
  • 05:03 Toronto
  • 02:03 Vancouver
  • 19:03 Sydney

Eastfield Resources Ltd. Provides Update on Indata and Iron Lake Projects

06.05.2025  |  The Newswire
Eastfield Resources Ltd. ("Eastfield") (TSX-V: ETF) is pleased to provide an update on recent and upcoming activities at its Indata and Iron Lake properties, both located in British Columbia.


Indata Project (4,551 hectares)

The Indata property is located 120 km north of Fort St. James, BC, and is optioned to Star Copper Corp. (formerly Alpha Copper Corp.), which may earn a 60% interest by completing $2.7 million in exploration expenditures and making payments totaling $440,000 (cash and/or shares) by December 31, 2026.

Star Copper recently announced several financings intended to fund its 2025 exploration programs, including work at Indata (see Star Copper news release dated April 29, 2025). This year's program will focus on drilling for copper in the Lake Zone and molybdenum in Area 74.

To date, 84 drill holes totaling 9,517 meters have been completed at Indata, including 11 holes in 2022. Notable results include:

- Hole IN22-82: 174.0 meters grading 0.23% copper from 2.9 meters depth, including 29.0 meters grading 0.47% copper. This hole defines the northern boundary of the Lake Zone, which aligns with a 2.4 km-long copper-in-soil anomaly.

- Hole IN22-74 (Area 74): 30.8 meters grading 0.101% molybdenum (0.16% MoS? equivalent) from 113.7 meters to the bottom of the hole, including 7.5 meters grading 0.320% molybdenum (0.51% MoS? equivalent). Area 74 lies 5 km south of the Lake Zone and was discovered in 2022.

Historical results include DDH88-11, which returned 4.0 meters grading 47.26 g/t gold. Chip sampling in the same area has returned values up to 3.80% antimony and 10.40 g/t gold. A valid drill permit is in place.


Iron Lake Project (8,035 hectares)

The Iron Lake property is located 50 km northeast of 100 Mile House, BC, within the Triassic-Jurassic Quesnel Terrane. It hosts volcanic, volcaniclastic, and intrusive rocks in contact with a large ultramafic complex several square kilometers in extent.

Eastfield's option partner, Tech-X Resources Inc. (a private company), has earned a 51% interest in Iron Lake by expending $4 million since 2021. Eastfield retains the remaining 49%.

In 2024, Tech-X completed a green rock vectoring study to target deeper porphyry copper mineralization. Field sampling was conducted under the supervision of Professor Jamie Wilkinson of Imperial College London. Results are pending and will assist in refining drill targets.

While previous work at Iron Lake has focused on mineralization related to the ultrabasic complex, the property was originally acquired for its porphyry potential. An induced polarization/resistivity survey completed in 2023 outlined multiple untested anomalies. The results of the green rock study will help prioritize targets within these zones.


About Eastfield Resources

Eastfield Resources Ltd. is a project generator focused on exploration in British Columbia. With a diversified portfolio and experienced partners, Eastfield continues to advance its projects through joint venture and strategic partnerships.


For further information, please contact:

Eastfield Resources Ltd.

Phone: (604) 681-7913 | Toll Free: 1-888-656-6611

Email: info@eastfieldgroup.com

Website: www.eastfieldresources.com

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 release.

Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



© 2007 - 2025 Rohstoff-Welt.de ist ein Mitglied der GoldSeiten Mediengruppe
Es wird keinerlei Haftung für die Richtigkeit der Angaben übernommen! Alle Angaben ohne Gewähr!
Kursdaten: Data Supplied by BSB-Software.de (mind. 15 min zeitverzögert)