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The azimuth, dip and total length of each drill hole is shown in Table 2. Each hole was collared within the breccia pipe and was successful in confirming the vertical and horizontal extension of nearby mineralization. Figure 1 shows the location of each hole and the vertical section for each hole is shown in Figures 2 to 6 (see below).

Seafield expects to finalize its infill drilling program by the end of Q1 2013. This information will be used to update the resource model in Q2 2013 that will be the basis for the Miraflores feasibility study.

"These drill results continue to highlight gold and silver mineralization at Miraflores," commented Cesar Lopez, Seafield's President and CEO. "As we continue to tighten up the drill spacing, we look forward to incorporating these and the remaining assay results in our updated resource model and PEA on the deposit in Q2 2013."

Seafield's Miraflores Deposit is situated in the Company's 100%-owned, 6,757-hectare, Quinchia Gold Project. Miraflores is a low sulphidation epithermal deposit located in Colombia's mineral-prolific Mid-Cauca gold belt. The deposit's mineralization is characterized by a hydrothermal breccia pipe with free gold associated with cement materials (the matrix) and high grade structures where gold is associated with zinc, lead, copper and iron. At surface, the breccia pipe has a drill-tested diameter of 250 metres by 280 metres. The breccia pipe widens and remains open at depth with a drill-tested vertical extent of 600 metres.

To view Figure 1, please visit the following link: http://media3.marketwire.com/docs/sff0206fig1.pdf.

To view Figure 2, please visit the following link: http://media3.marketwire.com/docs/sff0206fig2.pdf.

To view Figure 3, please visit the following link: http://media3.marketwire.com/docs/sff0206fig3.pdf.

To view Figure 4, please visit the following link: http://media3.marketwire.com/docs/sff0206fig4.pdf.

To view Figure 5, please visit the following link: http://media3.marketwire.com/docs/sff0206fig5.pdf.

To view Figure 6, please visit the following link: http://media3.marketwire.com/docs/sff0206fig6.pdf.

Review by Qualified Person, Quality Control and Reports

Giovanny Ortiz, Vice President of Exploration for Seafield Resources Ltd., is a qualified person as defined by National Instrument 43-101 and prepared or reviewed the preparation of the scientific and technical information in this press release with respect to the assay results from the drilling program. Mr. Ortiz is a Fellow of the Australasian Institute of Mining and Metallurgy (Membership # 304612) a professional association and designation recognized by the Canadian regulatory authorities. Mr. Ortiz verified the data disclosed in this release, including the sampling, analytical and test data underlying the information contained in this release. Verification included a review and validation of the applicable assay databases and reviews of assay certificates.

The core samples were split by rock saw, and half of the core was sampled. Core samples were prepared by ALS Colombia Ltda in Medellin and were assayed at the ALS laboratory in Lima, Peru. Gold was analyzed by fire assay on a 30 gram sample with atomic adsorption spectrophotometer (AAS) finish. Samples above 10.0 g/t Au were repeated by fire assay on a 30 gram sample with gravimetric finish. Multi-elements were analyzed by inductively coupled plasma mass spectroscopy (ICP-MS) following multi-acid digestion. Blank, standard and duplicate samples were routinely inserted for quality assurance and quality control.