Beaufield Resources Inc is a publicly traded Canadian resource exploration company trading on the TSX Venture Exchange under the symbol BFD. The company has diversified properties with exposure to gold, base metals, and iron, all located in eastern Canada. The company is focused on building shareholder wealth by acquiring, exploring and developing high-quality exploration prospects resulting in discovery.
The Company’s exploration portfolio offers excellent mineral deposit potential in geographic areas with a proven history of geological discovery. With large land holdings in key gold mining areas, Beaufield is well poised to make new discoveries. In addition, Beaufield has a well funded treasury which will enable it to explore and retain its current properties and also acquire under funded projects during this economic downturn should any opportunities come to light.
Beaufield has been at the forefront of mineral exploration in Ontario and Quebec since 1986. Beaufield’s directors and management team have more than 100 years combined experience in mineral exploration, project development and financing. In addition to these credentials is a skilled and dynamic technical team with considerable experience in geology and geophysics.
Quebec and Ontario
In recent surveys sponsored by the Fraser Institute, the provinces of Quebec and Ontario have consistently been ranked among the best territories in the world to explore and develop mines. This favorable mining environment is mainly based on the provinces mining policies, financial incentives, geology and their mineral potential. The stable mining policies that these governments offer reduces risk for long-term projects. Quebec’s and Ontario’s strengths lie not only in their raw materials, but also in the excellence of their labor pool, training institutions and specialist research centres. Both provinces offer numerous tax incentives and very attractive mining duties regimes for companies that explore or operate on their territories.