Seafield Resources Announces Filing of NI 43-101 Technical Report for its Dosquebradas Deposit in Colombia (ccnm)
TORONTO, ONTARIO--(Marketwire - Jan. 27, 2012) - Seafield Resources Ltd. ("Seafield" or "the Company") (TSX VENTURE:SFF) is pleased to report that it has filed a National Instrument 43-101 ("NI 43-101") compliant technical report related to its press release on December 13, 2011 announcing the maiden resource estimate for the Dosquebradas Deposit in the Company's Quinchia Gold Project. Seafield's 100%-owned, 6,757-hectare Quinchia Gold Project is located in the Department of Risaralda, Colombia.
The independent technical report, entitled "Technical Report, Seafield Resources Ltd., Dosquebradas Project, Quinchia District, Colombia" (the "Technical Report"), dated December 13, 2011, was prepared for Seafield by Scott E. Wilson Consulting, Inc. of Englewood, Colorado. The Technical Report is available under the Company's profile on SEDAR at
www.sedar.com and on the Company's website at
www.sffresources.com.
The NI 43-101 compliant resource estimate on the Company's Dosquebradas Deposit includes an inferred resource of 920,772 ounces gold grading 0.5 g/t gold (57.8 million tonnes at a cut-off grade of 0.3 g/t gold). A 5,000-metre diamond drill program is currently underway at Dosquebradas.
"We will continue to delineate the resource at Dosquebradas with an aim to grow the global resource of Seafield's Quinchia Gold Project," commented Seafield's President and CEO, Cesar Lopez.
ON BEHALF OF THE BOARD:
Cesar Lopez, President, CEO & Director
Qualified Person
Scott Wilson of Scott E. Wilson Consulting, Inc. of Englewood, Colorado prepared the Miraflores Project resource estimates. Mr. Wilson is an independent qualified person as defined by National Instrument 43-101. He is a Certified Professional Geologist and member of the American Institute of Professional Geologists (CPG #10965) and a Registered Member (#4025107) of the Society of Mining and Metallurgy and Exploration, Inc., a professional association and designation recognized by the Canadian regulatory authorities. Mr. Wilson verified the data disclosed in this report, including the sampling, analytical and test data underlying the information contained in this report. Verification included a review and validation of the applicable assay databases and reviews of assay certificates.