20264 releases
Eastfield Resources Ltd. clarifies its Agreement to its Sell of Zymo and Indata Properties to Star Copper Corp.
The sale of Eastfield's 100% interest in the Zymo property and 95.3% interest in the Indata property to Star Copper Corp. for 10,000,000 Star Copper shares, first disclosed June 30, 2026, is a Reviewable Disposition and a non-arm's length transaction because William Morton, Eastfield's President, CEO and Director, is also a Star Copper director; he has recused himself. The transaction is not a related party transaction and no finder's fees will be paid. Eastfield will seek written consent from at least 50% of disinterested shareholders, and the deal requires TSX Venture Exchange acceptance.
AcquisitionEastfield Resources Ltd. to Sell Zymo and Indata Properties Eastfield to receive 10.0 million shares of Star Copper
A definitive agreement has been signed to sell Eastfield's 100% interest in the Zymo copper-gold property and its 95.3% interest in the Indata property in British Columbia to Star Copper Corp. for 10 million Star Copper shares, leaving Eastfield with roughly 14.80% of Star Copper. The shares will initially be held for investment purposes and may later be distributed to shareholders. The deal is a Reviewable Disposition and Related Party Transaction requiring shareholder approval and TSX Venture Exchange acceptance.
AcquisitionIndata Drilling add Nickel and Silver to Targets
Three diamond drill holes totaling 532.8 meters were completed at the Indata Project, 120 kilometers northwest of Fort Saint James, British Columbia. In Area 74, hole IN25-87 returned 106.6 meters of 0.14% nickel and 18.0% magnesium, plus 23.7 meters of 0.09% copper, 0.021% molybdenum and 15.21 g/t silver, including 4.0 meters at 74.85 g/t silver; IN25-89 cut 21.8 meters of 0.19% nickel. At Lake Copper, IN25-88 intersected 32.0 meters grading 0.25% copper.
Drill results
20257 releases
Eastfield Annual General Meeting
All motions passed at Eastfield Resources' 2025 Annual General Meeting in Vancouver, British Columbia, including the appointment of Davidson and Company as auditors, approval of the incentive stock option plan, approval of a 2-for-1 share consolidation, and the election of James W. Morton, Glen Garratt, David Douglas, Gavin Titley and Reagan Glazier as directors. The Company has no plans to initiate the 2-for-1 consolidation at this time but reserves the right to do so later.
CorporateEastfield Resources Ltd. Reviews Corporate and Project Developments
A 2025 field program of grid expansion and line-cutting is underway at the 100%-owned Zymo copper-gold porphyry project near Smithers, British Columbia, covering 18,184 hectares, in preparation for a 2026 IP survey; a December 2024 five-year permit authorizes 50 drill sites and 50 km of geophysical surveying. Past drilling totals 34 holes (10,810 metres), including ZY08-09 at 0.23% Cu and 0.32 g/t Au over 252 m. Eastfield completed a $1.0 million private placement in September 2025.
CorporateEastfield Resources Ltd. Announces Closing of Private Placement
A non-brokered private placement closed for total proceeds of $1,000,000, consisting of 50,000,000 units at $0.02 per unit, each unit comprising one common share and one warrant exercisable at $0.05 until October 1, 2027. Securities are subject to a hold period until February 2, 2026, and a cash finder's fee of $4,200 was paid to Leede Financial Inc. Insiders purchased 4,000,000 units. Proceeds are allocated 40%-50% to exploration in British Columbia, 30%-40% to working capital and under 10% to investor relations.
FinancingEastfield and Star Copper Commence Drilling at Indata Property
Diamond drilling has begun at the Indata Property in central British Columbia, 120 kilometres northwest of Fort St. James. The 4,551-hectare claim block is 100% owned by Eastfield Resources, with Star Copper holding a 60% earn-in option interest. Historical drilling includes hole IN22-82 with 174.0 metres grading 0.23% Cu, including 29.0 metres at 0.47% Cu; hole DDH88-11 with 4.0 metres at 47.26 g/t Au; and hole IN22-74 with 31.0 metres at 0.101% Mo.
Drill resultsEastfield Resources Announces Private Placement
A non-brokered private placement of up to 50 million units at $0.02 per unit is planned to raise up to $1,000,000, with each unit comprising one common share and one warrant exercisable at $0.05 for two years from closing. Proceeds will fund an exploration program at Eastfield Resources' mineral projects in British Columbia and general working capital, with investor relations activities limited to 10% of proceeds. Insiders may participate; finder's fees may be paid and TSX-V acceptance is required.
FinancingEastfield Commences 2025 Field Program at Indata Property
The 2025 exploration program has begun at the Indata Property in central British Columbia, where Eastfield holds a 100% interest with 60% optioned to Star Copper Corp. Planned work includes step-out drilling from historical hole IN22-82, which intersected 174.0 metres grading 0.23% Cu including 29.0 metres at 0.47% Cu, and from hole IN22-74, which returned 31.0 metres grading 0.102% Mo including 7.5 metres at 0.320% Mo. The property is prospective for copper, gold, molybdenum and antimony.
Drill resultsEastfield Resources Provides Update on Indata and Iron Lake Projects
Star Copper Corp., which can earn a 60% interest in the 4,551-hectare Indata property north of Fort St. James, BC, by spending $2.7 million and paying $440,000 by December 31, 2026, will drill for copper in the Lake Zone and molybdenum in Area 74 in 2025; past drilling totals 84 holes over 9,517 metres, including hole IN22-82 with 174.0 metres at 0.23% copper. At Iron Lake, Tech-X Resources has earned 51% after spending $4 million, with 2024 green rock vectoring results pending.
Corporate
20247 releases
Exploration Permit Issued for Zymo Project
An exploration permit has been issued, after an eight-month review, for Eastfield Resources' 100%-owned Zymo copper-gold porphyry project, 18,184 hectares located 45 km west of Smithers, British Columbia. The permit is valid until March 30, 2030 and authorizes 50 drill sites and 50 km of geophysical surveying. Past drilling of 34 holes (10,810 metres) returned results including 0.72% copper and 0.66 g/t gold over 72 metres in hole ZY08-09.
CorporateExploration Progress Report on Eastfield’s Copper-Gold-PGM Projects
An exploration update covers three British Columbia copper-gold-PGM projects. At the 100%-owned Zymo property near Smithers, the claim group was expanded by 5,455 hectares to 18,184 hectares and fieldwork on the new claims began in September; 34 holes (10,810 metres) have been drilled to date. Indata remains optioned to Alpha Copper Corp., which may earn 60% by spending $2,600,000 and paying $420,000 by Dec 31, 2025, with a $60,000 payment made in July 2024. Tech-X Resources earned 51% of Iron Lake in 2023.
Drill resultsEastfield Resources Announces Private Placement
A non-brokered private placement of up to $150,000 is planned at $0.025 per unit, each unit comprising one common share and one warrant exercisable at $0.05 for two years from closing. Proceeds will fund an exploration program at the 100%-owned Zymo Project and general working capital. Finder's fees may be paid, insiders may participate, and the securities carry a four month and one day hold period; the placement requires TSX-V acceptance.
FinancingEastfield Expands the Zymo Property Adding Several New Targets
Staking of an additional 5,284 hectares has expanded the Zymo Property to 18,184 ha, about 45 km west of Smithers, B.C. Prior work totalling roughly $5M since 2007 outlined an 8 km x 2 km open-ended IP chargeability anomaly enclosing copper-gold zones, including the Hobbes Zone, traced by 21 drill holes over 600 m and open to the west and down dip. A review of regional BCGS, MDRU and Geoscience BC surveys identified new porphyry copper-gold and Quock Formation VMS targets.
Drill resultsEastfield Resources Announces Amendment to Indata Project Option Agreement
Alpha Copper Corp. has entered an amending agreement dated Jan. 12, 2024 to the June 20, 2018 option agreement (previously amended four times) under which it may earn a 60-per-cent interest in Eastfield's 4,551-hectare Indata copper-gold project, 120 km north of Fort St. James, British Columbia. Remaining terms require $350,000 in exploration expenditures and $35,000 by Jan. 23, 2024, $25,000 by June 20, 2024, and $966,186 in expenditures plus $105,000 by Dec. 31, 2024, totalling $400,000 in payments and $2.5-million in expenditures.
AcquisitionEastfield Resources To Exhibit At 2024 AME Roundup
Eastfield Resources will exhibit at Booth 805 at the AME Roundup, January 22–25, 2024, at the Vancouver Convention Centre East in Vancouver, BC. The company holds four mineral projects in British Columbia: Hedge Hog (copper-gold-cobalt), optioned to West Oak Gold Corp.; Indata (copper-gold), optioned to Alpha Copper Corp.; Iron Lake (copper-gold-cobalt-platinum-palladium), optioned to Tech-X Resources; and the 100%-owned Zymo copper-gold porphyry project, 45 km west of Smithers, B.C.
CorporateEastfield Resource’s CEO Reviews the Company
A review of Eastfield's four British Columbia mineral properties as of the start of 2024, alongside cash and marketable securities valued at approximately $600,000, with no debt. Holdings include the 100%-owned 12,729-hectare Zymo copper-gold property near Smithers, the 4,551-hectare Indata property optioned to Alpha Copper Corp, which may earn 60% by spending $2,500,000 on exploration and paying $450,000 by Dec 31, 2024, the 8,035-hectare Iron Lake project now a 51%-49% joint venture with Tech-X Resources, and the Hedgehog copper-gold property north of Barkerville.
Corporate
202312 releases
West Oak Gold Corp. Completes 2023 Work Program at Hedgehog
Option partner West Oak Gold completed a 2023 prospecting and rock sampling program covering one square kilometre of an arsenic soil anomaly at the Hedgehog project, 12 kilometres north of Barkerville, B.C. Of 37 rock samples collected, none returned significant gold or base metal values, and several samples showed elevated barium and/or arsenic but did not explain the arsenic soil anomaly. Follow-up on four 2022 gold-in-soil anomalies indicated some samples were likely alluvial in origin.
News2023 Diamond Drill Results Iron Lake Magmatic Sulphide Project
Drilling at the Iron Lake copper-nickel-cobalt-platinum-palladium-gold sulphide prospect, 45 km northeast of 100 Mile House, BC, returned 9.5 m grading 0.42% copper and 0.03% nickel from 569.0 m in hole IL-23-24, 24.1 m of 0.10% nickel in IL-23-25, and 0.5 m of 0.65% copper, 0.10% nickel and 295 ppb palladium in IL-23-26. Option partner Tech-X Resources completed 1,680 m in three holes between June 29 and July 26, 2023. Tech-X may earn 80% by spending $12,000,000 and paying $730,000 by June 15, 2029.
Drill resultsEastfield Provides Bi-Weekly MCTO Status Update
A bi-weekly default status update was issued under National Policy 12-203 regarding the management cease trade order granted by the British Columbia Securities Commission on June 29, 2023, related to the delayed filing of audited annual financial statements for the year ended February 28, 2023, and related MD&A and certificates. Those documents are now expected to be completed by or about August 31, 2023, with the first-quarter interim materials for the period ended May 31, 2023 expected on or about September 7, 2023.
CorporateEastfield Provides Bi-Weekly MCTO Status Update
A bi-weekly default status update was issued under National Policy 12-203 regarding the management cease trade order granted by the British Columbia Securities Commission on June 29, 2023, in connection with the delayed filing of Eastfield's audited annual financial statements, MD&A and officer certificates for the year ended February 28, 2023, originally due June 28, 2023. The Company now expects to file those documents by or about August 25, 2023. Its interim filings for the three months ended May 31, 2023 were also not filed by the July 31, 2023 deadline.
CorporateAlpha Copper Corp, Option Partner to the Indata Property, Announces Results of Recent Airborne Geophysical Survey
Results from a high-resolution airborne magnetic gradient, radiometric and VLF/electromagnetic survey at the Indata project in central British Columbia were released by option partner Alpha Copper Corp. The survey, flown by Precision GeoSurveys at 100 metre line spacing over 44.1 km2, detailed a magnetic anomaly at the Lake Zone and linear features along the Polymetallic Vein Zone over a 3 km strike length and the 74 Zone over 2.5 km. A 3D-IP survey on the Lake Zone and precious metal vein zone is in preparation. Alpha Copper may earn a 60% interest in the 3,189-hectare project by completing $2,300,000 in exploration and paying $450,000 by June 20, 2024.
Drill resultsEastfield Provides Bi-Weekly MCTO Status Update
A bi-weekly default status update was issued under National Policy 12-203 regarding the management cease trade order granted by the British Columbia Securities Commission on June 29, 2023, tied to the delayed filing of audited annual financial statements for the year ended September 30, 2022 and related MD&A and certificates. Eastfield expects to file the Required Annual Documents by or about August 18, 2023, and will not file its three-month period ended May 31, 2023 filings before the July 31, 2023 deadline.
CorporateEastfield Provides Bi-Weekly MCTO Status Update
A bi-weekly default status update was issued under NP 12-203 regarding the management cease trade order granted by the British Columbia Securities Commission on June 29, 2023, in connection with the delayed filing of Eastfield's audited annual financial statements, MD&A and officer certificates for the year ended September 30, 2022, which were due by June 28, 2023. The company expects to file the documents by or about August 18, 2023, and will not file its statements for the three-month period ended May 31, 2023 by the July 31, 2023 deadline. The MCTO restricts trading by the President and Chief Financial Officer only.
CorporateEastfield Resources Ltd. announces Management Cease Trade Order
A Management Cease Trade Order, approved by the British Columbia Securities Commission under National Policy 12-203, took effect immediately after Eastfield missed the June 28, 2023 deadline to file audited annual financial statements, MD&A and CEO/CFO certificates for the fiscal year ended February 28, 2023. The delay followed notice from its auditor, two weeks before the deadline, that a licensing change left it unable to issue audit opinions. Filing is expected by or about August 18, 2023, with bi-weekly default status reports until then; public trading of the shares continues.
NewsDrilling to Start at Iron Lake
Option partner Tech-X Resources Inc., a private company, expects to begin its 2023 drill program at the Iron Lake copper-gold-palladium-platinum-nickel-cobalt project, 50 kilometers northeast of 100 Mile House, BC, on or about June 30. Tech-X may earn an 80% interest by completing $12,000,000 in work and paying $750,000 in option payments by June 15, 2029. In 2022 it completed induced polarization surveys and 23 diamond drill holes totalling 5,001 meters, followed by a VTEM airborne survey in March.
Drill resultsNew Addition to the Board of Directors
Gavin Titley has been appointed to the Board of Directors of Eastfield Resources Ltd. Titley is currently Exploration Manager for NorthWest Copper and holds degrees in Geology and English from the University of Victoria, with more than a decade of experience on exploration projects in BC and Yukon Territory. Eastfield granted him incentive stock options to purchase up to 200,000 shares at $0.05 per share, exercisable for five years.
ManagementIron Lake 2022 Drilling Summary
Results from the final 10 diamond drill holes of the 2022 program at the Iron Lake copper-nickel-gold-platinum-palladium-cobalt project, 50 km northeast of 100 Mile House, BC, were provided by option partner Tech-X Resources. IL22-018 intersected 30.0 m grading 0.06% Cu, 0.005% Ni and 0.005% Co, including 3.2 m of 0.39% Cu, 0.019% Ni and 0.020% Co; IL22-015 returned 673 ppm copper over 37 m. The 23-hole program totalled 5,001 m. Tech-X will commission a VTEM helicopter-borne survey early in 2023.
Drill resultsIndata 2022 Drill Discoveries
Results from 11 of 13 holes (2,140 metres) drilled in 2022 at the Indata project, 240 kilometres northwest of Prince George, BC, included hole IN22-82 with 258.0 metres grading 0.19% copper from 0.9 metres, including 173.6 metres at 0.23% copper and 26.0 metres at 0.47% copper, in the Lake Copper Zone, now measuring 900 by 400 metres. Hole IN22-74, 5 kilometres south, cut 30.8 metres of 0.10% molybdenum from 113.7 metres, including 7.5 metres at 0.32%, a new zone named Area 74. Assays from two holes are pending. Option partner Alpha Copper may earn 60% by spending $2,000,000 and paying $450,000 by June 20, 2023.
Drill results
202213 releases
Eastfield Resources Closes Private Placement
A private placement first announced September 19, 2022 and revised October 7, 2022 has closed, consisting of 3,666,666 units at $0.06 per unit for $220,000, each unit including one common share and one warrant exercisable at $0.10 until November 3, 2024, plus 750,000 flow-through shares at $0.08 for $60,000. Director Glen Garratt subscribed for 125,000 flow-through shares for $10,000, and a $2,700 cash finder's fee was paid to Leede Jones Gable Inc. Proceeds will fund exploration at the 100%-owned CR project and working capital; shares are held until March 4, 2023.
FinancingIron Lake Drilling Update
Option partner Tech-X Resources has completed 23 diamond drill holes at the Iron Lake copper-nickel-gold-platinum-palladium-cobalt project, 45 km northeast of 100 Mile House, BC, with results received for most of the first 13 holes. Intercepts include 4.8 m of 0.33% Cu, 0.05% Ni and 222 ppm Co in IL22-06, 2.2 m of 0.48% Cu in IL22-13, and 1.7 m of 620 ppb Pt in IL22-04. Drilling expanded the upper massive sulfide sheet identified in 2005 and continues.
Drill resultsDrilling Starts at CR Project Near Barkerville
Drilling has begun at the 100%-owned CR gold project, about 80 km northeast of Quesnel, BC and 20 km north of Wells and Barkerville. The program will test part of a 200 metre by 800 metre northwest-trending induced polarization chargeability high to determine whether it represents a gold-bearing zone of silicification. A sub-cropping quartz-chlorite stockwork sample adjacent to the IP anomaly returned 1.35 g/t gold and 1,864 ppm arsenic.
Drill resultsAlpha Copper Provides Indata Summer Drill Project Update
Option partner Alpha Copper Corp. has completed 13 holes totalling 2,140 metres at the Indata project, 240 kilometres northwest of Prince George, BC, with the multi-week summer programme concluding in mid-September and targeting porphyry copper, carbonate replacement and quartz vein targets. Porphyry copper mineralization was observed in six holes, in the Lake Zone and a new area 500 metres to the south, with molybdenum in holes IN22-74 and IN22-84 and quartz veins in IN22-77 and 78. Alpha Copper may earn 60% by completing $2,000,000 in exploration and paying $450,000 by June 20, 2023.
Drill resultsDrilling To Resume At Iron Lake
Drilling will resume at the Iron Lake property, about 50 kilometres northeast of 100 Mile House, BC, on or about October 10, with option partner Tech-X Resources Inc. Analytical results for 13 drill holes completed from July through September, totalling 2,620 metres, are expected shortly. Tech-X may earn an 80% interest by completing $12,000,000 in work and paying $1,000,000 in option payments by December 31, 2027; the project claims cover over 15,000 hectares.
Drill resultsEastfield Resources Announces Private Placement
A non-brokered private placement of up to $280,000 is planned, comprising up to $120,000 in units at $0.06 per unit, each unit including one common share and one half warrant exercisable at $0.10 for 18 months from closing, and up to $160,000 in flow-through shares at $0.08 each. Proceeds will fund an exploration program at the 100%-owned CR gold project near Quesnel, British Columbia, and general working capital. Closing is subject to TSX-V acceptance, with insiders possibly participating.
FinancingTech-X Resources Inc. Completes 13 Diamond Drill Holes at Iron Lake
Thirteen diamond drill holes totalling approximately 3,100 metres have been completed by Tech-X Resources Inc., a private company headed by Haig Farris, on the Iron Lake project located about 50 kilometres northeast of 100 Mile House, BC. Drilling focused on ultramafic-hosted mineralization, and follows a 2021 airborne MobileMT survey and 2022 induced polarization surveys; the claims now cover over 15,000 ha. Tech-X may earn 80% by completing $12,000,000 in work and paying $1,000,000 by December 31, 2027. Assays pending.
Drill resultsEastfield Resources Provides Indata Drill Campaign Update
A mid-season update on the 5,000-metre drill program Alpha Copper Corp. is running at the Indata project, about 220 kilometres northwest of Prince George, British Columbia. Hole IN-22-74 intersected molybdenum mineralization in felsic intrusive near 144 metres, IN-22-76 encountered vein mineralization, and IN-22-80 hit strong chalcopyrite mineralization from surface to 45 metres and is being extended past its planned depth. Alpha can earn 60% by paying $400,000 and spending $2,000,000 by June 20, 2023.
Drill resultsTwo Drills Turning on Eastfield Projects
Drilling funded by Tech-X Resources Inc. is expected to begin on or about July 28 at the Iron Lake copper-nickel-cobalt-platinum-palladium-gold project, 40 km northeast of 100 Mile House, BC, with a planned 3,000 to 3,500 metres testing ultramafic sulfide and porphyry copper-gold targets. Tech-X can earn 51% by spending $4,500,000 and paying $520,000 over five years, and up to 80% with a further $7,500,000 and $480,000. Alpha Copper Corp. has been drilling a 5,000 metre program at Indata, 120 km north of Fort St. James, BC, since July 6.
Drill resultsMobilization to Indata Copper-Gold Project Started
Mobilization has begun at the Indata copper-gold project, 230 kilometres northwest of Prince George, British Columbia, with Alpha Copper moving a drill rig and excavator to site for a maiden 5,000-metre drill campaign focused on the Lake zone, plus NW Copper, SW Copper and Quarry targets, alongside soil grid work and excavator trenching. Alpha can earn a 60% interest in the 3,189-hectare property from Eastfield by paying $400,000 in cash and/or shares and spending $2,000,000 on exploration before June 20, 2023.
NewsEastfield Resources to Exhibit at 2022 VRIC
Eastfield Resources will exhibit at the Vancouver Resource Investment Conference at the Vancouver Convention Centre West, Exhibit Hall C, on May 17 and 18, 2022, at booth 912. The company holds five mineral projects in British Columbia, three of which are optioned to third parties: Indata (copper-gold) to Alpha Copper Corp., Iron Lake (copper-gold-cobalt-platinum-palladium) to TECH-X Resources Limited, and Hedge Hog (copper-gold-cobalt) to West Oak Gold. Eastfield also holds approximately 9.5% of Consolidated Woodjam Copper's outstanding shares.
CorporateIndata Copper-Gold Project Budget Increased to $1,000,000
Alpha Copper Corp. has increased its 2022 budget for the Indata copper-gold project in British Columbia to $1,000,000, with the majority allocated to drilling, and work will start in early June. The program will be predominantly diamond drilling, along with new grid work and excavator trenching, across targets including the Lake Zone, NW and SW Copper, Quarry Zone and Northeast Copper. Alpha can earn a 60% interest in the 3,189-hectare project by paying $400,000 and spending $2,000,000 on exploration before June 20, 2023.
CorporateAggressive 2022 Exploration Campaign Planned for Indata Copper-Gold Project
A 2022 exploration program is planned by optionee Alpha Copper Corp. at the 3,189-hectare Indata Copper Gold Project, 230 kilometres northwest of Prince George, British Columbia, with an initial budget of $750,000. A drill contract for a minimum of 3,000 metres has been signed with Paradigm Drilling Ltd., with six holes proposed at the Lake Copper Target and three testing untested induced polarization targets, plus grid work and excavator trenching. Alpha can earn 60% by paying $400,000 and spending $2,000,000 before June 20, 2023.
Drill results