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Seafield Resources Ltd V.SFF



TSXV:SFF - Post by User

Post by st2840on May 06, 2011 11:59am
234 Views
Post# 18540522

December NR in case anyone has forgotten

December NR in case anyone has forgotten

Seafield is a mineral exploration company
focused on acquiring and advancing precious metals
projects in the Americas.
Seafield Drills 449 Metres Grading 1.29 G /T Gold At Miraflores, Quinchia Gold Project, Colombia
Thursday, December 2nd, 2010
Click here to download and read the full release (PDF)
TORONTO, ONTARIO – Seafield Resources Ltd. (“Seafield” or the “Company”) is pleased to announce assay results from the first three drill holes at its Miraflores property at the Quinchia Gold project, Risaralda, Colombia. The Quinchia project contains a number of porphyry and porphyry breccia open pit targets including the breccia style deposit at Miraflores.
Highlight:
Hole QM DH-03 was drilled from the NE contact to the SW contact through the centre of the Miraflores porphyry breccia pipe body and intersected 449 metres grading 1.29 g/t Au, including 23.95 metres grading 9.18 g/t Au.
The Miraflores deposit currently contains an inferred mineral resource of 18.6 million tonnes grading 1.3 g/t gold at a cut-off grade of 0.5 g/t Au for a total of 776,000 ounces of gold. Using a cut-off of 0.3 g/t Au, the inferred resources expand to 976,550 ounces gold. The mineral resource estimate is based on 3,624 metres of drilling in ten diamond drill holes carried out in 2006 and 2007, and 154 underground samples. The current diamond drill program was designed to expand the resources and better delineate the porphyry intrusion breccia body which hosts the gold mineralization. Core logging from several of the current holes shows that the breccia body is more extensive at depth than was inferred from previous drilling. A total of 4,132 metres were drilled in 12 holes during the recently completed program…
For the complete story, please see PDF attached.
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