posted in:

Seafield drills 113.7 m at 1.63 g/t Au, including 31.75 m at 3.78 g/t Au at Miraflores

Thursday, Jan 24, 2013

Seafield Resources Ltd. ("Seafield" or "the Company") (TSX VENTURE:SFF) is pleased to announce initial results, including 113.7 m at1.63 g/t Au, from the ongoing 6,800-metre infill diamond drill program at the Company's Miraflores Deposit in the Quinchia District, Department of Risaralda, Colombia. Seafield is also reporting the assay values of silver as metallurgical investigations have indicated that silver may be recoverable as a by product at Miraflores.

The assays reported in this press release represent the results of six diamond drill holes, which account for a total of 1,165.5 metres drilled since November, 2012 (See Figure 1). Drill holes QM-DH-38 to QM-DH-43 (See Table 1) were drilled to further verify the geometry and continuity of the high-grade structures found within the breccia. The closer spacing in the drilling grid will also be used to improve the confidence in the geological model.

The location of the drill holes are highlighted below (See Figures 2 - 7). QM-DH-38 was drilled from the east, outside of the breccia pipe, towards the west as part of Seafield's infill drilling program aimed at improving the confidence in the current resource at Miraflores. This drill hole confirms the vertical and horizontal extension of mineralization previously intersected in drill hole QM-DH-32A (194.9 m of 1.57 g/t Au, including 21.15 m of 1.66 g/t Au and 26.0 m of 3.86 g/t Au, see press release dated, June 7, 2012) and QM-DH-33 (114.7 m at 1.89 g/t Au, including 10.6 m at 11.97 g/t Au, see press release dated, June 19, 2012).

QM-DH-39 was drilled inside the breccia to the WNW. QM-DH-41 was drilled in the western part of the breccia to the WSW. Both holes have confirmed the continuity and vertical extension of high grade mineralization in veins and in the breccia at the western border of the pipe.

Source: Marketwire

posted in:

Other Metal News

Duluth Metals announces SEDAR filing of updated AMEC resource study on Twin Metals 15-04-2014
Comstock Mining provides update 11-04-2014
Sesa Sterlite Limited announces production release for the fourth quarter and full year ended 31 march 2014 11-04-2014
Goldcorp Holds Investor Day announces first quarter 2014 gold production 11-04-2014
Perseus Mining Limited provide Edikan Gold Mine update 11-04-2014
Rare Earth Metals market worth 192,000 tons by 2018 11-04-2014
Red Eagle Mining completes $5,000,000 financing 11-04-2014
Copper Mountain mine achieved record first quarter copper production 11-04-2014
IAMGOLD provides update on advanced exploration projects maiden resource estimate - Pitangui project, Brazil diamond drilling results - Boto Gold proj 11-04-2014
Sierra Mining Limited announces results of first court hearing 11-04-2014

Advertisers