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Mazatlan, Mexico - Dryden, n/w Ontario - Fire project, ROF McFauld’s Lake On
Press release from Marketwire
Friday, January 27, 2012
TORONTO, ONTARIO--(Marketwire - Jan. 27, 2012) - Seafield Resources Ltd. ("Seafield" or "the Company") (TSX VENTURE:SFF) is pleased to report that it has filed a National Instrument 43-101 ("NI 43-101") compliant technical report related to its press release on December 13, 2011 announcing the maiden resource estimate for the Dosquebradas Deposit in the Company's Quinchia Gold Project. Seafield's 100%-owned, 6,757-hectare Quinchia Gold Project is located in the Department of Risaralda, Colombia.
The independent technical report, entitled "Technical Report, Seafield Resources Ltd., Dosquebradas Project, Quinchia District, Colombia" (the "Technical Report"), dated December 13, 2011, was prepared for Seafield by Scott E. Wilson Consulting, Inc. of Englewood, Colorado. The Technical Report is available under the Company's profile on SEDAR at www.sedar.com and on the Company's website at www.sffresources.com.
The NI 43-101 compliant resource estimate on the Company's Dosquebradas Deposit includes an inferred resource of 920,772 ounces gold grading 0.5 g/t gold (57.8 million tonnes at a cut-off grade of 0.3 g/t gold). A 5,000-metre diamond drill program is currently underway at Dosquebradas.
"We will continue to delineate the resource at Dosquebradas with an aim to grow the global resource of Seafield's Quinchia Gold Project," commented Seafield's President and CEO, Cesar Lopez.
ON BEHALF OF THE BOARD:
Cesar Lopez, President, CEO & Director