Seafield Resources Ltd.
Seafield Resources Ltd. (TSX-V:SFF)(the “Company” or Seafield) is a Toronto-based exploration company with an advanced-stage gold project in the Department of Risaralda, Colombia. The Company is currently focused on fast-tracking the Miraflores Gold Deposit towards development stage with an aim to be in production by 2015.
Miraflores Gold Deposit:
- NI 43-101 resource estimate of 1.9 Moz of gold in M+I category
- PEA results: IRR of 50%, pre-tax NPV(8%) of USD $249 M, initial CapEx USD $ 93.7 M
- Gold recovery rates of over 90%
- Project located an area of excellent infrastructure – Accessible by paved road with power and water readily available
- 5,000-metre diamond drilling program underway
- Underground drilling program to test high-grade component of Miraflores to commence in Q4 2012
For more information about Miraflores, please click here.
