Note: Only continuous intervals of mineralization above 6 metres with a cut-off grade of 0.2 g/t Au are reported. Gold grades reported are cut to 20 g/t. Hole QM-DH-50 includes a sample of 22.6 g/t Au over 1.2 m, a sample of 31 g/t Au over 1.9m, a sample of 66.6 g/t Au over 2.0m and a sample of 36.1 g/t Au over 1.5m.
Table 2 - Drill Hole Coordinates:
Easting Northing Elevation Azimuth Inclination DepthDrill Hole (m) (m) (m) (degrees) (degrees) (m)----------------------------------------------------------------------------QM-DH-48 423,097 584,986 1,457 257 -43 222.0QM-DH-50 423,171 585,065 1,397 262 -60 415.6QM-DH-51 423,036 585,195 1,493 253 -43 130.0QM-DH-53 423,021 585,241 1,472 243 -71 251.5UM-DH-001 423,061 585,049 1,362 257 -27 203.6
The azimuth, dip and total length of each drill hole is shown in Table 2. Drill holes QM-DH-50 and QM-DH-53 were collared to the east outside of the Breccia. The rest of the holes reported in this release were collared within the breccia pipe. The new results continue confirming the vertical and horizontal extension of nearby mineralization in high grade veins and breccia. 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 complete its infill drilling program by the end of Q1 2013. The 3D geological model and the resource estimate will be updated in Q2 2013 that will be the basis for the updated PEA, also scheduled for completion in Q2 2013.
"These are fantastic results and I congratulate Dave Prins and his team on the excellent job they are doing at Miraflores" commented Cesar Lopez, Seafield's President and CEO. "We look forward to completing the current drill program at Miraflores and delivering results on schedule."
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 - Plan View of Miraflores Deposit", please visit the following link: http://media3.marketwire.com/docs/SFF215Figure1.pdf.
To view "Figure 2 - Vertical Section of Miraflores Deposit - Hole QM-DH-48", please visit the following link: http://media3.marketwire.com/docs/SFF215Figure2.pdf.
To view "Figure 3 - Vertical Section of Miraflores Deposit - Hole QM-DH-50", please visit the following link: http://media3.marketwire.com/docs/SFF215Figure3.pdf.
To view "Figure 4 - Vertical Section of Miraflores Deposit - Hole QM-DH-51", please visit the following link: http://media3.marketwire.com/docs/SFF215Figure4.pdf.