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Gold/Mining/Energy : Eastfield Resources Ltd.

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To: Claude Cormier who wrote (53)	9/28/1999 4:09:00 PM
From: Wildrose Resources Ltd.	Read Replies (1) of 59

Nevada Gold Project- 100% interest acquired: Eastfield announces that, earlier this month, it acquired the 50% interest in the Three Hills, Nevada property from its joint-venture partner, Prism Resources Ltd., for $US20,953. Eastfield now holds a 100% interest in the property which is located adjacent to the town of Tonopah, Nevada. The Three Hills property includes a heap-leachable gold resource as well as the western extension of the Tonopah District gold-silver deposits which produced 1.2 million ounces of gold and 174 million ounces of silver. During the term of the Eastfield-Prism joint venture, the companies outline a kriged resource of 6.3 million tons grading 0.023 oz./ton gold at a 0.01 cut-off. Metallurgical testing determined an 84.5% average cyanide leach recovery from four column tests using 90-95% two-inch feed material. The joint venture also carried out exploration programs focussed on discovering extensions to the old Tonopah District high grade silver-gold deposits. In 1997, drilling tested a portion of the potential area. One intercept assayed 8.4 ounces of silver and 0.22 ounces of gold per ton over ten feet. This program outlined several targets that include extending known vein deposits and indicating areas where the potential for discovering new deposits is very good. In 1998, several key patented claims covering these targets were purchased from Echo Bay Mines. Eastfield management believes the Three Hills property holds good exploration potential for high-grade silver-gold deposits. Recent strength in the price of gold has markedly improved the prospects for this property. Please direct any inquiries about the Tonopah/ Three Hills project to Glen Garratt, P. Geo at (888) 656-6611. Don Sharp

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