Eastfield Resources Clarifies Previous News Release

2017-02-10 / @thenewswire

 

(TheNewswire)

Vancouver, BC / TheNewswire / February 10, 2017 - Eastfield Resources Ltd. ("Eastfield") (TSX-V: ETF) would like to revise a news release dated January 17, 2017 to include more detailed information regarding the contract between Eastfield and Adam Bighill.

Eastfield Copper previously announced that it has signed an arms-length contract with Adam Bighill to assist the company in corporate development and shareholder communications. Adam recently was a member of the BC Lions Football organization and will be affiliated with the New Orleans Saints of the NFL later this year.

Adam has developed a strong interest in the junior resource market over the last several years and will be a tremendous help to Eastfield in expanding our reach to investors. The company is very pleased to be working with him. His efforts on behalf of Eastfield will include communicating with investment dealers, advisers and Shareholders, both current and prospective, to increase awareness of and interest in Lorraine. Mr. Bighill currently has no interest in Eastfield or its securities.

Stock options have been reserved for Mr. Bighill at a price of $0.10/share for 100,000 shares with an expiry date of January 17, 2027. Either party may terminate the agreement by giving thirty (30) days notice after which the options will expire in thirty (30) days from the notice date. Mr. Bighill will be compensated by monthly payments of $500.00.

Eastfield is looking forward to continuing to expand its portfolio of gold and copper projects. An exploration program is planned for the Indata Project this season and the company is entertaining potential joint venture partners for the Zymo, Iron Lake and Big Valley Projects.

G. L. Garratt, P.Geo, who is a qualified person within the context of National Instrument 43-101, has read and takes responsibility for this news release.

Glen Garratt, P. Geo.

Director

Eastfield Resources Ltd.

Contact: (604) 681-7913 or Toll Free: 888-656-6611

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

About Eastfield Resources:

Eastfield Resources is a well-funded Canadian mineral exploration company focused on the discovery of large gold and copper deposits with several highly prospective projects in British Columbia and in Nevada. Eastfield owns a 100% interest in seven mineral projects in British Columbia and one in the state of Nevada. The British Columbia projects are significant for copper with accessory precious metals while the Nevada project is specifically significant for gold and silver. Eastfield trades on the TSX Venture exchange under the symbol "ETF". For more information, please visit the company's website at www.eastfieldresources.com.

Copyright (c) 2017 TheNewswire - All rights reserved.

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