03:36:59 EST Sun 02 Nov 2025
Enter Symbol
or Name
USA
CA



Eastfield Resources Ltd
Symbol ETF
Shares Issued 111,561,585
Close 2025-10-31 C$ 0.045
Market Cap C$ 5,020,271
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Eastfield conducts grid expansion, line-cutting at Zymo

2025-10-31 17:12 ET - News Release

Mr. Glen Garratt reports

EASTFIELD RESOURCES LTD. REVIEWS CORPORATE AND PROJECT DEVELOPMENTS

Eastfield Resources Ltd. has provided a corporate review and update on current exploration activities.

Eastfield is a Tier 1 issuer on the TSX Venture Exchange, having traded continuously since 1987 without interruption or share consolidation. Over this time, the company has focused on the exploration of precious and base metals across Western Canada and the western United States. Eastfield currently holds five copper- and/or gold-focused projects, all located in British Columbia.

The company's principal asset, the 100-per-cent-owned Zymo copper-gold porphyry project, is located near Smithers, B.C., and covers 18,184 hectares. Acquired in 2007 and fully optioned in 2012, Zymo has seen more than $4.9-million in exploration expenditures by Eastfield and former joint venture partners. Of major significance is an eight-plus-kilometre-by-two-kilometre induced polarization anomaly outlining a copper-gold porphyry system with multiple one-kilometre-scale targets and coincident multielement geochemical anomalies. To date, 34 diamond drill holes (10,810 metres) have been completed.

Mineralization occurs in porphyritic diorites and adjacent sediments exhibiting strong potassic alteration. Five mineralized zones have been identified, including the Hobbes and FM zones. Significant drill results include:

  • ZY08-09: 0.23 per cent copper and 0.32 gram per tonne gold over 252 metres, including 0.44 per cent Cu and 0.32 g/t Au over 159 m and 0.72 per cent Cu and 0.55 g/t Au over 72 m;
  • ZY08-10: 0.31 per cent Cu and 0.21 g/t Au over 159 m;
  • ZY11-20: 0.28 per cent Cu and 0.34 g/t Au over 126 m.

Peripheral precious metal veins have also returned up to 10.78 g/t Au with several per cent lead and zinc. Numerous induced polarization targets remain untested, and no deep holes have been completed to date.

The property features flat to gently undulating terrain with shallow overburden and excellent access through existing logging roads extending to its northeast boundary. In December, 2024, Eastfield was granted a five-year exploration permit authorizing 50 drill sites and 50 kilometres of geophysical surveying. A 2025 field program of grid expansion and line-cutting is under way in preparation for a 2026 IP survey.

In September, 2025, Eastfield completed a private placement financing of $1.0-million, welcoming a new group of enthusiastic shareholders and further strengthening the company's treasury for future exploration.

This news release has been reviewed and approved by Glen Garratt, PGeo, who is the qualified person within the context of National Instrument 43-101 and takes responsibility for it.

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