Seafield Resources Ltd. announced the results of its recent evaluation of all exploration data acquired to date in the Tesorito area at its Quinchía Gold Project, Department of Risaralda, Colombia. Although most of the company's focus over the last two years has been on advancing the Miraflores gold deposit towards a production decision, ongoing exploration elsewhere on the Company's large landholdings within the extensive gold-copper-molybdenum porphyry system at Quinchía, is confirming that the Tesorito area is a significant new gold-copper-molybdenum mineralized zone worthy of its own focused exploration program. Hole TS-DH-02, drilled in 2013, intersected significant values of copper and molybdenum at the bottom of the hole with 0.22% Cu and 86 ppm Mo over 35 m, including 2.63% Cu over 0.7 m associated with chalcopyrite, magnetite, pyrite, molybdenite and bornite mineralization.

This mineralization is in close proximity to an untested high chargeability IP anomaly making it an excellent target for further drill testing to explore for possible high-grade Cu-Mo mineralization at depth; the higher values in a recent trench sampling program carried out at Tesorito returned 3.18 g/t Au over 10 m, including 9.04 g/t Au over 2 m. This chip channel sample may have vertical correlation with the intersection 150 m below in hole TS-DH-02 with 29.3 m at 1.9 g/t Au, 1.0 g/t Ag and 0.12% Cu (From 136.75 m to 166.05 m); Final hole in the 2013 drill program, TS-DH-03, drilled to test the SW extension of the target area, intersected similar Au-Cu mineralization to the two earlier holes including 0.58 g/t Au and 0.075% Cu over 104.5 m. Surface mapping, trenching and sampling indicate that the higher grade mineralization is associated with NNW trending sheeted veins as well as NE trending veinlets and fracture fillings. The drilling to date also confirms these trends but additional drilling is required to systematically test the NNW trend which hosts higher grade gold values in recent channel sampling from one trench which returned 3.18 g/t Au over 10 m, including 9.04 g/t Au over 2 m. This high grade gold mineralization may correlate with the intercept 150 m vertically below in hole TS-DH-02 with 1.9 g/t Au, 1.0 g/t Ag and 0.12% Cu over 29.3 m. The first three holes at Tesorito (TS-DH-01, TS-DH-02 and TS-DH-03) were oriented with azimuths from 310deg to 320deg and designed to test the extensive gold and copper geochemical anomaly in soils and to crosscut the NNE trend of one of the larger mineralized intrusive porphyry bodies. The geological structural setting between Miraflores and Tesorito suggest the potential for an extension of mineralization between the two deposits.

highlights lithology, structures and the alignment of other artisanal mining areas which support a general interpretation of this mineralized corridor. Surface mapping also shows hydrothermal sericite-quartz alteration overprint along this trend.