Seafield Expands High Grade Gold-Copper-Molybdenum Potential at Tesorito

Seafield Resources Ltd. ("Seafield" or "the Company") (TSX VENTURE:SFF) is
pleased to announce the results of its recent evaluation of all exploration data
acquired to date in the Tesorito area at its Quinchia 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 Quinchia, is
confirming that the Tesorito area is a significant new gold-copper-molybdenum
mineralized zone worthy of its own focused exploration program.


Highlights



--  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 highest 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. 



Geology and Mineralization

The initial exploration at Tesorito in 2012 and 2013 included systematic
geological mapping, rock and soil sampling, followed by trenching within the
area of anomalous Au and Cu in soils. In addition, an induced polarization
("IP") geophysical survey was carried out over part of the target area (see
press release dated September 27, 2012).


To view 'Figure 1 - Geology of Miraflores, Tesorito and Chuscal areas', please
visit the following link: http://media3.marketwire.com/docs/sfig02111.pdf 


The Tesorito area is underlain mainly by fine to coarse grained, intrusive
porphyritic rocks of granodioritic to dioritic composition, which intrude
basaltic rocks of the Barroso Formation of Cretaceous age and Tertiary
sandstones and mudstones of the Amaga formation (Figures 1 and 2). The
intrusives show variable intensities of hydrothermal alteration, including
potassic alteration overprinted by quartz-sericite and sericite-chlorite
alteration. NNE, NNW and NW faulting controls the intrusive emplacement and
mineralization, including faulting of contacts between the rock units. The depth
of sulphide oxidation observed in the first two holes is approximately 20 m. 


The porphyry-style mineralization of gold, copper and molybdenite observed in
the Tertiary intrusive rocks is found as sulphides and magnetite in
disseminations as well as in veinlets and stockworks of quartz. Pyrite,
chalcopyrite, molybdenite, and minor bornite are the main sulphides observed.
The validation of the Tesorito zone as a significant porphyry target was
confirmed by the results of hole TS-DH-02 that intercepted 384 m at 1.01 g/t Au,
0.9 g/t Ag and 0.08 % Cu, including 29.3 m at 1.9 g/t Au, 1.0 g/t Ag and 0.12 %
Cu (See the Company's press release dated May 28, 2013).


In addition to drill holes TS-DH-01 and TS-DH-02 at Tesorito (see press release
dated May 28, 2013), previously unreported drill hole TS-DH-03 intersected
continuous mineralization from 9.3 m to 264 m depth (0.51 g/t Au and 0.05 % Cu
over 254.9 m). (For drill hole locations, see Figure 2.) Table 1 provides
significant assay results of drill hole TS-DH-03. 


Table 1 - Assay Results from Drill Hole TS-DH-03:



                     From        To   Interval        Au        Ag        Cu
Drill Hole            (m)       (m)        (m)     (g/t)     (g/t)       (%)
----------------------------------------------------------------------------
TS-DH-03              9.3    264.20      254.9      0.51       0.7     0.052
including            14.2     55.20         41      0.56       0.5     0.039
including            84.3    120.50       36.2      0.58       0.7     0.044
including           130.6    235.10      104.5      0.58       0.9     0.075
with                197.9    204.85       6.95      1.17       0.9     0.120
and                296.05     319.2      23.15      0.42       0.4     0.035
----------------------------------------------------------------------------



Note: Only continuous intervals of mineralization over 6 metres with a cut-off
grade of 0.2 g/t Au are reported. 


Table 2 - Drill Hole TS-DH-03 Coordinates:



              Easting  Northing Elevation     Azimuth   Inclination    Depth
Drill Hole        (m)       (m)       (m)   (degrees)     (degrees)      (m)
----------------------------------------------------------------------------
TS-DH-03       423745    584330     1,234         315           -60    440.5
----------------------------------------------------------------------------



To view 'Figure 2 - Geology, hydrothermal alteration and rock sampling in
trenches at Tesorito', please visit the following link:
http://media3.marketwire.com/docs/sfig02112.pdf 


Mineralization Trends 

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 (Figure 2).


The first three holes at Tesorito (TS-DH-01, TS-DH-02 and TS-DH-03) were
oriented with azimuths from 310 degrees to 320 degrees (Figure 2) 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. 


To view 'Figure 3 - Vertical section along drill hole TS-DH-02', please visit
the following link: http://media3.marketwire.com/docs/sfig02113.pdf 


The geological structural setting between Miraflores and Tesorito suggest the
potential for an extension of mineralization between the two deposits. Figure 1
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.


Geophysical Survey

The high chargeability anomaly identified with the IP survey carried out in 2012
did not coincide with the Au and Cu mineralization in trenches and soils and
therefore testing of this anomaly was planned for the next phase of drilling in
the area. The priority to test this chargeability anomaly is now clearly
enhanced by the occurrence towards the bottom of hole TS-DH-02 of increasing
values of copper and molybdenum, culminating in an intersection at the base of
the hole of 0.22% Cu and 86 ppm Mo over 35 m, including 2.63% Cu and 311 ppm Mo
over 0.7 m. Deeper drilling is required to test the extension of this
mineralization into the IP anomaly. Figure 4 shows the location of the drill
holes in relation to the high chargeability anomaly.


To view 'Figure 4. 3D view of High Chargeability Anomaly and Proximity to Drill
Holes Completed at Tesorito (Copper Values)', please visit the following link:
http://media3.marketwire.com/docs/sfig02114.pdf 


"Tesorito, even at this early stage in exploration, is already showing potential
to be an exciting discovery with all the earmarks of a gold-copper-molybdenum
porphyry system with an extra overprint of gold mineralization." stated Giovanny
Ortiz, Seafield's VP of Exploration. "Along with expanding the Tesorito zone, we
expect to continue to identify new targets as our exploration progresses over on
our extensive landholdings at Quinchia." 


Review by Qualified Person, Quality Control and Reports

Giovanny Ortiz, Vice President of Exploration for Seafield Resources Ltd., is a
qualified person as defined by National Instrument 43-101 and prepared or
reviewed the preparation of the scientific and technical information in this
press release with respect to the assay results from the drilling program. Mr.
Ortiz is a Fellow of the Australasian Institute of Mining and Metallurgy
(Membership # 304612) a professional association and designation recognized by
the Canadian regulatory authorities. Mr. Ortiz verified the data disclosed in
this release, including the sampling, analytical and test data underlying the
information contained in this release. Verification included a review and
validation of the applicable assay databases and reviews of assay certificates. 


The core samples were split by rock saw, and half of the core was sampled. Core
samples were prepared by ALS Colombia Ltda in Medellin and were assayed at the
ALS laboratory in Lima, Peru. Gold was analyzed by fire assay on a 30 gram
sample with atomic adsorption spectrophotometer (AAS) finish. Samples above 10.0
g/t Au were repeated by fire assay on a 30 gram sample with gravimetric finish.
Multi-elements were analyzed by inductively coupled plasma mass spectroscopy
(ICP-MS) following multi-acid digestion. Blank, standard and duplicate samples
were routinely inserted for quality assurance and quality control.


For additional technical information on the Quinchia Project, please refer to
the Company's technical report (the "Technical Report") entitled "Technical
Report, Seafield Resources Ltd., Quinchia Project, Quinchia District, Republic
Colombia" dated May 17, 2013, prepared by Scott E. Wilson, C.P.G., of Metal
Mining Consultants Inc., available on SEDAR at www.sedar.com and on the Company
website at www.sffresources.com.


About Seafield Resources Ltd.

Seafield Resources Ltd. (TSX VENTURE:SFF) is a development stage company
currently focused on completing a bankable feasibility study on its Miraflores
Gold Deposit. Seafield's Quinchia Gold Project is located in the Department of
Risaralda, Colombia. SRK Consulting Inc.'s (Denver) Preliminary Economic
Assessment on the Miraflores Deposit indicates robust economics with a pre-tax
internal rate of return of 23% and a pre-tax net present value (5%) of $141M.
The Company cautions that mineral resources are not mineral reserves and do not
have demonstrated economic viability. Miraflores currently has a NI 43-101
compliant Measured and Indicated resource estimate of 1,816,000 ounces gold at
0.78 g/t Au and 3,555,000 ounces silver at 1.5 g/t Ag (72.6 million tonnes at a
cut-off of 0.27 g/t Au) and an Inferred resource estimate of 62,000 ounces gold
at 0.51 g/t Au and 275,000 ounces silver at 2.3 g/t Ag (3.8 million tonnes at a
cut-off of 0.27 g/t Au). Additionally, the Company has a NI 43-101 compliant
resource estimate for its Dosquebradas Deposit, also part of the Quinchia Gold
Project, with an Inferred resource estimate totaling 920,772 ounces gold at 0.5
g/t Au (57Mt at a cut-off of 0.3 g/t Au). Seafield Resources Ltd. trades its
shares on the TSX Venture Exchange (TSX-V) under the symbol SFF and in the
United States using CUSIP 81173R101. For more details on the Company, please
visit www.sffresources.com.


Forward-Looking Statement 

This news release includes certain "forward-looking statements" within the
meaning of that phrase under Canadian securities laws. Without limitation,
statements regarding potential mineralization and resources, exploration
results, and future plans and objectives of the Company are forward looking
statements that involve various degrees of risk. Forward-looking statements
reflect management's current views with respect to possible future events and
conditions and, by their nature, are based on management's beliefs and
assumptions and subject to known and unknown risks and uncertainties, both
general and specific to the Company. Although the Company believes the
expectations expressed in such forward-looking statements are reasonable, such
statements are not guarantees of future performance and actual results or
developments may differ materially from those in our forward-looking statements.
The following are important factors that could cause the Company's actual
results to differ materially from those expressed or implied by such forward
looking statements: changes in the world wide price of commodities, general
market conditions, risks inherent in exploration, risks associated with
development, construction and mining operations, the uncertainty of future
profitability and the uncertainty of access to additional capital. Additional
information regarding the material factors and assumptions that were applied in
making these forward looking statements as well as the various risks and
uncertainties the Company faces are described in greater detail in the "Risk
Factors" section of our annual and interim Management's Discussion and Analysis
of our financial results and other continuous disclosure documents and financial
statements filed with the Canadian securities regulatory authorities which are
available at www.sedar.com. The Company undertakes no obligation to update this
forward-looking information except as required by applicable law. The Company
relies on litigation protection for forward-looking statements.


Neither 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 release. 



FOR FURTHER INFORMATION PLEASE CONTACT: 
Seafield Resources Ltd.
David MacMillan
Investor Relations
[phone]
[e-mail]
www.sffresources.com