Northwire Canada EditionSaturday, October 31, 2026
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Drill Results

Eastfield conducts grid expansion, line-cutting at Zymo

By The Northwire Desk — AI Analysis Oct 31, 2025 · 17:12 ETF · 0.045 Eastfield Resources Ltd.
ETF · Price

Executive Summary

  • Eastfield Resources Ltd. provided a corporate review and update on its Zymo copper-gold porphyry project in British Columbia, highlighting significant historical drill intercepts and ongoing exploration activities.
  • The company completed a private placement financing of $1.0 million in September 2025 to strengthen its treasury for future exploration.
  • A five-year exploration permit was granted in December 2024, authorizing 50 drill sites and 50 kilometers of geophysical surveying, with a 2025 field program underway in preparation for a 2026 IP survey.

Key Details

  • Project Overview: The principal asset is the 100%-owned Zymo copper-gold porphyry project, located near Smithers, B.C., covering 18,184 hectares.
  • Exploration History: Over $4.9 million in exploration expenditures have been incurred since acquisition in 2007. To date, 34 diamond drill holes totaling 10,810 metres have been completed.
  • Geological Significance: An eight-plus-kilometre-by-two-kilometre induced polarization (IP) anomaly outlines a copper-gold porphyry system with multiple one-kilometre-scale targets and coincident multielement geochemical anomalies.
  • Significant Drill Intercepts:
    • Hole ZY08-09: 0.23% Cu and 0.32 g/t Au over 252 metres, including 0.44% Cu and 0.32 g/t Au over 159 metres, and 0.72% Cu and 0.55 g/t Au over 72 metres.
    • Hole ZY08-10: 0.31% Cu and 0.21 g/t Au over 159 metres.
    • Hole ZY11-20: 0.28% Cu and 0.34 g/t Au over 126 metres.
  • Additional Mineralization: Peripheral precious metal veins have returned up to 10.78 g/t Au with several per cent lead and zinc.
  • Current Status & Future Plans:
    • Mineralization occurs in porphyritic diorites and adjacent sediments with strong potassic alteration.
    • Five mineralized zones have been identified, including the Hobbes and FM zones.
    • Numerous IP targets remain untested, and no deep holes have been completed to date.
    • A 2025 field program involving grid expansion and line-cutting is currently underway.
    • The company is preparing for a 2026 IP survey.
  • Financing: In September 2025, Eastfield completed a private placement financing of $1.0 million.
  • Regulatory: The release was reviewed and approved by Glen Garratt, PGeo, the Qualified Person under National Instrument 43-101.
Read the original news release →

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