Seafield Resources Ltd. announced assay results from five additional drill holes carried out as part of the ongoing 6,800-metre infill diamond drilling program at the Company's Miraflores Deposit in the Quinchía District, Department of Risaralda, Colombia. Highlights include: Drill hole QM-DH-50 intersected 238.15 m at 2.06 g/t Au and 1.82 g/t Ag, including 59.2 m at 5.72 g/t Au and 3.31 g/t Ag, 26.45 m at 2.08 g/t Au and 1.82 g/t Ag, and 18 m at 1.85 g/t Au and 1.25 Ag; Drill hole QM-DH-51 intersected 119.1 m of 1.34 g/t Au and 4.66 g/t Ag, from 1.9 m to 121.0 m, including 20.9 m at 4.68 g/t Au and 2.83 g/t Ag, confirming the continuous mineralization near surface; Drill hole QM-DH-53 intersected 90.1 m at 0.85 g/t Au and 1.04 g/t Ag, including 7.5 m at 3.03 g/t Au and 1.7 g/t Ag. Since November, 2012, 3,145.7 metres have been reported including this release.

All holes reported so far have been drilled from surface, except for UM-DH-001 which was drilled underground. The new results continue to validate the continuity of mineralization in high grade veins and in the breccia, near surface and with important vertical extension. Seafield expects to complete its infill drilling program by the end of first quarter of 2013.

The 3D geological model and the resource estimate will be updated in second quarter of 2013 that will be the basis for the updated PEA, also scheduled for completion in second quarter of 2013.