20:08:18 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



Eastfield Resources Ltd
Symbol ETF
Shares Issued 55,561,585
Close 2023-05-09 C$ 0.04
Market Cap C$ 2,222,463
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Eastfield Resources outlines As-Au anomaly at Hedgehog

2023-05-10 16:13 ET - News Release

Mr. J.W. Morton reports

WEST OAK GOLD CORP. OUTLINES NEW ARSENIC-GOLD ANOMALY AT HEDGEHOG; SAMPLES INCLUDE 956 PPB GOLD IN SOILS

West Oak Gold Corp. and Eastfield Resources Ltd. have provided an update on 2022 exploration completed at the Hedgehog project (located near Barkerville, B.C.).

The 2022 program, which was conducted in October, 2022, was designed to expand on results from the 2021 program which had identified a strong arsenic soil anomaly with strong spot gold values on the eastern corner of the claim.

The 2022 program has expanded the target area, which now measures 900 metres in its northeastern extent with a width of 150 to 600 metres and spot gold values to 956 parts per billion.

The Hedgehog project, which is fully permitted, is located approximately 12 kilometres north of the community of Barkerville, B.C. Exploration models at Hedgehog include lode gold similar to the Cariboo gold project owned by Osisko Development Corp. and massive sulphides (Cyprus style) similar to Chu Chua, B.C. Osisko's Cariboo gold project is an advanced-stage feasibility-level gold project currently going through the provincial environmental assessment process and is located 10 kilometres south of Hedgehog.

West Oak Gold may earn a 60-per-cent interest in the Hedgehog property by completing $1.75-million in exploration and making $377,500 in cash and/or share payments by the fourth anniversary.

This news release has been reviewed by J.W. Morton, PGeo, who is the qualified person within the context of National Instrument 43-101 and who takes responsibility for its content.

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