May 16, 2012 at 16:38 PM EDT
Eastfield Resources Provides Corporate Update

Vancouver, BC, May 16, 2012, Eastfield Resources Ltd.

("Eastfield") (TSX-V: ETF) would like to provide a corporate

summary as the 2012 field season begins. The company continues to be

active in British Columbia and the state of Nevada. In BC, Eastfield

owns or is a significant partner in six exploration projects and owns

25 patented mining claims near the town of Tonopah Nevada. The BC

projects are as follows:

----------------------------------------------------------------------

|Project |Commodity |Funding Agreements |

|--------------------------------------------------------------------|

|Zymo |Copper-gold |Bearing Resources Ltd. has option |

|--------------------------------------------------------------------|

|Indata |Copper-gold-nickel |Oceanside Capital Corp. has option|

|--------------------------------------------------------------------|

|Iron Lake |Copper-PGM-gold |Calico Resources Corp. has option |

|--------------------------------------------------------------------|

|Ok |Copper-molybdenum |Joint Venture with Prophecy |

| | |Coal Corp. |

|--------------------------------------------------------------------|

|Naggie |Copper-silver-gold |Recently staked |

|--------------------------------------------------------------------|

|Hidden One|Copper-gold-molybdenum|Recently staked |

----------------------------------------------------------------------

In Nevada, Eastfield's 25 patented mining claims are located in and

about the Three Hills-Hasbrouk gold-silver project owned by Allied

Nevada Gold Corp. who recently released a 43-101 Technical Report

describing a Preliminary Economic Analysis (PEA) for the Three

Hills-Hasbrouk properties. The report indicates a positive potential

for commercial production.

In BC, field work is expected to commence on the Hidden One and Naggie

properties within the next few weeks with work expected to commence on

Zymo in late June or early July.

Eastfield Resources Ltd., with 44,794,919 shares issued, is

financially strong with approximately $2.7 million in working capital

(approximately $0.06 per share).

J.W. Morton, P.Geo., who is a qualified person within the context of

National Instrument 43-101, has read and takes responsibility for this

news release.

J.W. Morton, P. Geo.

President and CEO

Eastfield Resources Ltd.

Contact:Paul Way, Business Development Manager

(604) 681-7913 or Toll Free: 888-656-6611

Neither the TSX Venture Exchange nor its Regulation Services Provider

(as that term is defined in the policies of the TSX Venture Exchange)

accepts responsibility for the adequacy or accuracy of this news

release.

About Eastfield Resources:

Eastfield is a Canadian mineral exploration company focused on the

discovery of large gold and copper deposits; it currently has projects

in British Columbia and in Nevada. Current projects include a 40%

ownership in the Okeover copper-molybdenum project with 60% partner

Prophecy Resource Corp. (TSX-V: PCY) and a 100% interest in the

Tonopah gold project in Nevada. Projects currently optioned out

include Zymo, optioned to Bearing Resources Ltd. (TSX-V: BRZ); Indata,

optioned to Oceanside Capital Corp. (TSX-V: OCC); and Iron Lake,

optioned to Calico Exploration Corp. (TSX-V: CKB). Eastfield trades on

the TSX Venture exchange under the symbol "ETF". For more

information, please visit the company's website at

www.eastfieldresources.com.

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