OTTAWA, ONTARIO–(Marketwire – Jan. 29, 2009) – Beaufield Resources Inc. (TSX VENTURE:BFD) owns a 100% interest in a group of claims at Hemlo, east of Marathon, Ontario. The claims cover 10 kilometres of the Hemlo gold mine stratigraphy and they are located 13 kilometres west of the Williams and David Bell gold mines. A detailed VTEM airborne magnetic and electromagnetic survey covering 447 line kilometres has been completed on the Beaufield claim group. The data is being interpreted to identify exploration targets along the Hemlo Shear Zone and the Barite Shear Zone both of these high priority structures traverse the Beaufield property. The interpretation will be followed by Mobile Metal Ion (MMI) geochemical surveys and by deep penetrating geophysics to identify locations to undertake a comprehensive drill campaign planned for 2009.
Beaufield conducted a small test MMI orientation survey on its property in 2006. The survey detected a significant gold anomaly of 40 times background on the Hemlo Shear. One hole was drilled which encountered favourable geology with anomalous gold, molybdenum and zinc. At the time the work program was budget limited and further MMI and drilling were not carried out.
The Williams gold mine is jointly owned by Barrick Gold Corporation and Teck Cominco Ltd. It is Canada’s second largest gold mine. Beaufield’s claims are bracketed on the east and on the west by claims owned by Barrick. Little detailed exploration has been carried out in this world class gold camp since the Hemlo discovery phase in 1983-84. Beaufield holds a key property in the camp covering two major shear zones and a series of mineralized occurrences detected in the early 1980’s namely; the North Eagle, Rideau, Offset, Kadrey, Padre and Little Black River showings. It should be noted that 95% of the gold at Hemlo occurs below the 500 metre level and no previous deep drilling has been undertaken on the Beaufield claims.
Mining facilities are located on the Trans Canada Highway, which traverses the Beaufield property, 13 kilometres down the road. Any gold discovery will benefit from the adjacent infrastructure.
This press release has been prepared by Jens E. Hansen, P. Eng a director and President of Beaufield Resources. Mr. Hansen is the Qualified Person under section 43-101.
This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Company’ periodic reports including the annual report or in the filings made by the Company from time to time with securities regulations. The Company undertake no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated event.
A map of the Hemlo Gold Project – Property Location is available at the following address: http://media3.marketwire.com/docs/bfd_map.pdf
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.