TORONTO, ONTARIO--(Marketwire - Jan. 31, 2012) - Seafield Resources Ltd. ("Seafield" or "the Company") (TSX VENTURE:SFF) is pleased to announce an updated National Instrument 43-101 ("NI 43-101") compliant resource estimate for the Miraflores Deposit at 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 updated resource estimate was completed by independent consultants, Scott E. Wilson Consulting Inc., and is based on 15,161 metres of drilling in 35 exploration drill holes and 236 metres of channel sampling from one crosscut tunnel (as at December 31, 2011). A 5,000-metre diamond drill program is currently underway at Miraflores to further define the mineralization of the breccia pipe structure to the south and at depth and to evaluate potential mineralization outside of the pipe to the west.