The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

Wednesday, 25th February 2009 (1422 views)

Eastfield Resources has reported that it has acquired a new gold property in British Columbia.

Located 55km north-west of Fort St James, the Kilometre 26 prospect is easily accessible by road and covers around 1,840 hectares.

Extending 15km along the regional Pinchi fault zone, the property covers an area where a boulder returning high gold assay grades was discovered by Cominco in 1983.

Bill Morton, chief executive and director of Eastfield, stated that the firm is now inviting joint venture partners to fund exploration on the newly-acquired project.

Based in Vancouver, British Columbia, Eastfield Resources was founded in 1987 and has secured third-party exploration financing for seven mineral projects in British Columbia and one in Nevada, including the Zymo, Okeover, Indata, Howell and Iron Lake properties.

The Canadian public resource company trades on the TSX Venture exchange under the symbol ETF and is part of the Eastfield Group.

 

« Back to Gold News stories