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